DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/4v6gsc/construction_in) has announced the addition of the "Construction in Denmark - Key Trends and Opportunities to 2017" report to their offering.
The Danish construction industry valued at DKK191.8 billion (US$35.9 billion) in 2012, recording a CAGR of -3.31% during the review period. All construction markets registered negative growth in this period. This is largely a result of the slowing down of the economy following the financial crisis. Residential construction constituted the largest market within the construction industry, accounting for a 46.8% share of industry output in 2012. However, the market was also among the worst performing markets and recorded a CAGR of -3.88% during the review period. Despite a decline in property prices during the past few years, they remain considerably higher compared with neighboring countries, leaving the residential market in a fragile situation.
Key Highlights
- Construction output valued DKK191.8 billion (US$35.9 billion) in 2012, after registering a CAGR of -3.31% during the review period.
- Residential construction constituted the largest construction market within the construction industry, accounting for a 46.8% share in 2012, with a value of DKK89.9 billion (US$16.8 billion).
- The commercial construction market valued DKK26.3 billion (US$4.9 billion) in 2012, after recording a CAGR of -3.68% during the review period, and constituted a 13.7% share of the Danish construction industry. The retail sector has been subdued since 2008.
- The industrial construction market posted the largest contraction of 15% during the review period, with a CAGR of -3.99%. The market valued DKK14.8 billion (US$2.8 billion) in 2012 and accounted for a 7.7% share of the total construction industry output.
Companies Mentioned
- Arkil Holding A/S
- E. Pihl & Son A.S.
- MT Hojgaard a/s
- Per Aarsleff A/S
For more information visit http://www.researchandmarkets.com/research/4v6gsc/construction_in
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