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Published: Nov, 2016 | Pages:
80 | Publisher: Timetric
Industry: Construction | Report Format: Electronic (PDF)
Synopsis
Construction activity in Belgium was weak during 2012-2013 due to a period of recession that resulted in a deteriorating business environment. Low investor confidence and modest consumer demand reduced construction activity. The industry subsequently recovered in 2014, driven by an improvement in economic conditions and new investments in construction projects. The industry's output value in real terms recorded a compound annual growth rate (CAGR) of 1.15% during the review period (2011-2015). Over the forecast period (2016-2020), the industry is expected to be supported by improvements in business confidence which will drive investments in infrastructure, commercial and residential projects. Forecast-period growth is expected to be supported by government efforts to improve transport infrastructure and develop regional connectivity. A focus on renewable energy production is also expected to support investments.
Summary
Timetric's Construction in Belgium Key Trends and Opportunities to 2020 report provides detailed market analysis, information and insights into the Belgian construction industry, including: • The Belgian construction industry's growth prospects by market, project type and construction activity • Analysis of equipment, material and service costs for each project type in Belgium • Critical insight into the impact of industry trends and issues, and the risks and opportunities they present to participants in the Belgian construction industry • Profiles of the leading operators in the Belgian construction industry • Data highlights of the largest construction projects in Belgium
Scope
This report provides a comprehensive analysis of the construction industry in Belgium. It provides: • Historical (2011-2015) and forecast (2016-2020) valuations of the construction industry in Belgium using construction output and value-add methods • Segmentation by sector (commercial, industrial, infrastructure, energy and utilities, institutional and residential) and by project type • Breakdown of values within each project type, by type of activity (new construction, repair and maintenance, refurbishment and demolition) and by type of cost (materials, equipment and services) • Analysis of key construction industry issues, including regulation, cost management, funding and pricing • Detailed profiles of the leading construction companies in Belgium
Reasons To Buy
• Identify and evaluate market opportunities using Timetric's standardized valuation and forecasting methodologies. • Assess market growth potential at a micro-level with over 600 time-series data forecasts. • Understand the latest industry and market trends. • Formulate and validate strategy using Timetric's critical and actionable insight. • Assess business risks, including cost, regulatory and competitive pressures. • Evaluate competitive risk and success factors.
Key Highlights
• According to Statistics Belgium, total investments in the country's construction industry rose by 2.5%, from EUR61.7 billion (US$81.9 billion) in 2014 to EUR63.3 billion (US$70.3 billion) in 2015. During the first half of 2016, the value of investments in the construction industry grew by 5.0% as compared to the same period in 2015. • According to the National Bank of Belgium, the number of residential building permits issued fell by 14.1%, from 25,553 permits in 2014 to 21,952 permits in 2015. Consequently, the area of new residential buildings decreased by 14.4%, from 31.7 million m3 in 2014 to 27.1 million m3 in 2015. During the first half of 2016, the number of building permits however rose by 22.9% as compared to the second half of 2015. • In a bid to achieve digital economy, in 2015, the government introduced the Plan for Ultrafast Internet 2015-2020. Under the plan, the government aims to upgrade the country's broadband network, while enabling businesses and citizens to communicate digitally with the government. • In May 2015, the Antwerp Port Authority and Energy Recovery Systems Company Ltd, announced plans to develop a waste to chemicals plant at the Delwaide Dock. The project involves a total investment of EUR3.7 billion (US$4.1 billion) and is expected to be completed in 2020. • According to the World Travel and Tourism Council (WTTC), the Belgian travel and tourism sector constituted 2.5% of the country's GDP in 2015 and accounted for 6.6% of the country's total employment. The WTTC projects the sector's total contribution to the country's GDP to rise to 3.1% by 2026; from EUR10.1 billion (US$11.2 billion) in 2015 to EUR14.9 billion (US$17.4 billion) in 2026.
Table of Contents
1 Executive Summary 2 Industry Outlook 2.1 Commercial Construction 2.2 Industrial Construction 2.3 Infrastructure Construction 2.4 Energy and Utilities Construction 2.5 Institutional Construction 2.6 Residential Construction 3 Key Issues and Developments 4 Market Data Analysis 4.1 Construction Output and Value Add 4.1.1 Construction output by project type 4.1.2 Construction output by cost type 4.1.3 Construction output by activity type 4.1.4 Construction value add by project type 4.2 Commercial Construction 4.2.1 Commercial construction output by project type 4.2.2 Commercial construction output by cost type 4.2.3 Commercial construction output by activity type 4.2.4 Commercial construction value add by project type 4.3 Industrial Construction 4.3.1 Industrial construction output by project type 4.3.2 Industrial construction output by cost type 4.3.3 Industrial construction output by activity type 4.3.4 Industrial construction value add by project type 4.4 Infrastructure Construction 4.4.1 Infrastructure construction output by project type 4.4.2 Infrastructure construction output by cost type 4.4.3 Infrastructure construction output by activity type 4.4.4 Infrastructure construction value add by project type 4.5 Energy and Utilities Construction 4.5.1 Energy and utilities construction output by project type 4.5.2 Energy and utilities construction output by cost type 4.5.3 Energy and utilities construction output by activity type 4.5.4 Energy and utilities construction value add by project type 4.6 Institutional Construction 4.6.1 Institutional construction output by project type 4.6.2 Institutional construction output by cost type 4.6.3 Institutional construction output by activity type 4.6.4 Institutional construction value add by project type 4.7 Residential Construction 4.7.1 Residential construction output by project type 4.7.2 Residential construction output by cost type 4.7.3 Residential construction output by activity type 4.7.4 Residential construction value add by project type 5 Company Profile: BESIX Group SA 5.1 BESIX Group SA - Company Overview 5.2 BESIX Group SA - Business Description 5.3 BESIX Group SA - Main Services 5.4 BESIX Group SA - History 5.5 BESIX Group SA - Company Information 5.5.1 BESIX Group SA - key competitors 5.5.2 BESIX Group SA - key employees 6 Company Profile: Compagnie d'Entreprises CFE SA 6.1 Compagnie d'Entreprises CFE SA - Company Overview 6.2 Compagnie d'Entreprises CFE SA - Business Description 6.3 Compagnie d'Entreprises CFE SA - Main Services 6.4 Compagnie d'Entreprises CFE SA - History 6.5 Compagnie d'Entreprises CFE SA - Company Information 6.5.1 Compagnie d'Entreprises CFE SA - key competitors 6.5.2 Compagnie d'Entreprises CFE SA - key employees 7 Company Profile: Ackermans & Van Haaren NV 7.1 Ackermans & Van Haaren NV - Company Overview 7.2 Ackermans & Van Haaren NV - Business Description 7.3 Ackermans & Van Haaren NV - Main Services 7.4 Ackermans & Van Haaren NV - History 7.5 Ackermans & Van Haaren NV - Company Information 7.5.1 Ackermans & Van Haaren NV - key competitors 7.5.2 Ackermans & Van Haaren NV - key employees 8 Company Profile: De Smet Engineers & Contractors SA 8.1 De Smet Engineers & Contractors SA - Company Overview 8.2 De Smet Engineers & Contractors SA - Main Services 8.3 De Smet Engineers & Contractors SA - History 8.4 De Smet Engineers & Contractors SA - Company Information 8.4.1 De Smet Engineers & Contractors SA - key competitors 8.4.2 De Smet Engineers & Contractors SA - key employee 9 Company Profile: Algemene Aannemingen Van Laere NV 9.1 Algemene Aannemingen Van Laere NV - Company Overview 9.2 Algemene Aannemingen Van Laere NV - Main Services 9.3 Algemene Aannemingen Van Laere NV - History 9.4 Algemene Aannemingen Van Laere NV - Company Information 9.4.1 Algemene Aannemingen Van Laere NV - key competitors 9.4.2 Algemene Aannemingen Van Laere NV - key employees 10 Appendix 10.1 What is this Report About? 10.2 Definitions 10.3 Methodology 10.4 Contact Timetric 10.5 About Timetric 10.6 Timetric's Services 10.7 Disclaimer
List of Tables
Table 1: Belgian Construction Output by Project Type (EUR Million), 2011-2015 Table 2: Belgian Construction Output by Project Type (EUR Million), 2015-2020 Table 3: Belgian Construction Output by Cost Type (EUR Million), 2011-2015 Table 4: Belgian Construction Output by Cost Type (EUR Million), 2015-2020 Table 5: Belgian Construction Output by Activity Type (EUR Million), 2011-2015 Table 6: Belgian Construction Output by Activity Type (EUR Million), 2015-2020 Table 7: Belgian Construction Value Add by Project Type (EUR Million), 2011-2015 Table 8: Belgian Construction Value Add by Project Type (EUR Million), 2015-2020 Table 9: Belgian Commercial Construction Output by Project Type (EUR Million), 2011-2015 Table 10: Belgian Commercial Construction Output by Project Type (EUR Million), 2015-2020 Table 11: Belgian Commercial Construction Output by Cost Type (EUR Million), 2011-2015 Table 12: Belgian Commercial Construction Output by Cost Type (EUR Million), 2015-2020 Table 13: Belgian Commercial Construction Output by Activity Type (EUR Million), 2011-2015 Table 14: Belgian Commercial Construction Output by Activity Type (EUR Million), 2015-2020 Table 15: Belgian Commercial Construction Value Add by Project Type (EUR Million), 2011-2015 Table 16: Belgian Commercial Construction Value Add by Project Type (EUR Million), 2015-2020 Table 17: Belgian Industrial Construction Output by Project Type (EUR Million), 2011-2015 Table 18: Belgian Industrial Construction Output by Project Type (EUR Million), 2015-2020 Table 19: Belgian Industrial Construction Output by Cost Type (EUR Million), 2011-2015 Table 20: Belgian Industrial Construction Output by Cost Type (EUR Million), 2015-2020 Table 21: Belgian Industrial Construction Output by Activity Type (EUR Million), 2011-2015 Table 22: Belgian Industrial Construction Output by Activity Type (EUR Million), 2015-2020 Table 23: Belgian Industrial Construction Value Add by Project Type (EUR Million), 2011-2015 Table 24: Belgian Industrial Construction Value Add by Project Type (EUR Million), 2015-2020 Table 25: Belgian Infrastructure Construction Output by Project Type (EUR Million), 2011-2015 Table 26: Belgian Infrastructure Construction Output by Project Type (EUR Million), 2015-2020 Table 27: Belgian Infrastructure Construction Output by Cost Type (EUR Million), 2011-2015 Table 28: Belgian Infrastructure Construction Output by Cost Type (EUR Million), 2015-2020 Table 29: Belgian Infrastructure Construction Output by Activity Type (EUR Million), 2011-2015 Table 30: Belgian Infrastructure Construction Output by Activity Type (EUR Million), 2015-2020 Table 31: Belgian Infrastructure Construction Value Add by Project Type (EUR Million), 2011-2015 Table 32: Belgian Infrastructure Construction Value Add by Project Type (EUR Million), 2015-2020 Table 33: Belgian Energy and Utilities Construction Output by Project Type (EUR Million), 2011-2015 Table 34: Belgian Energy and Utilities Construction Output by Project Type (EUR Million), 2015-2020 Table 35: Belgian Energy and Utilities Construction Output by Cost Type (EUR Million), 2011-2015 Table 36: Belgian Energy and Utilities Construction Output by Cost Type (EUR Million), 2015-2020 Table 37: Belgian Energy and Utilities Construction Output by Activity Type (EUR Million), 2011-2015 Table 38: Belgian Energy and Utilities Construction Output by Activity Type (EUR Million), 2015-2020 Table 39: Belgian Energy and Utilities Construction Value Add by Project Type (EUR Million), 2011-2015 Table 40: Belgian Energy and Utilities Construction Value Add by Project Type (EUR Million), 2015-2020 Table 41: Belgian Institutional Construction Output by Project Type (EUR Million), 2011-2015 Table 42: Belgian Institutional Construction Output by Project Type (EUR Million), 2015-2020 Table 43: Belgian Institutional Construction Output by Cost Type (EUR Million), 2011-2015 Table 44: Belgian Institutional Construction Output by Cost Type (EUR Million), 2015-2020 Table 45: Belgian Institutional Construction Output by Activity Type (EUR Million), 2011-2015 Table 46: Belgian Institutional Construction Output by Activity Type (EUR Million), 2015-2020 Table 47: Belgian Institutional Construction Value Add by Project Type (EUR Million), 2011-2015 Table 48: Belgian Institutional Construction Value Add by Project Type (EUR Million), 2015-2020 Table 49: Belgian Residential Construction Output by Project Type (EUR Million), 2011-2015 Table 50: Belgian Residential Construction Output by Project Type (EUR Million), 2015-2020 Table 51: Belgian Residential Construction Output by Cost Type (EUR Million), 2011-2015 Table 52: Belgian Residential Construction Output by Cost Type (EUR Million), 2015-2020 Table 53: Belgian Residential Construction Output by Activity Type (EUR Million), 2011-2015 Table 54: Belgian Residential Construction Output by Activity Type (EUR Million), 2015-2020 Table 55: Belgian Residential Construction Value Add by Project Type (EUR Million), 2011-2015 Table 56: Belgian Residential Construction Value Add by Project Type (EUR Million), 2015-2020 Table 57: BESIX Group SA, Key Facts Table 58: BESIX Group SA, Main Services Table 59: BESIX Group SA, History Table 60: BESIX Group SA, Key Employees Table 61: Compagnie d'Entreprises CFE SA, Key Facts Table 62: Compagnie d'Entreprises CFE SA, Main Services Table 63: Compagnie d'Entreprises CFE SA, History Table 64: Compagnie d'Entreprises CFE SA, Key Employees Table 65: Ackermans & Van Haaren NV, Key Facts Table 66: Ackermans & Van Haaren NV, Main Services Table 67: Ackermans & Van Haaren NV, History Table 68: Ackermans & Van Haaren NV, Key Employees Table 69: De Smet Engineers & Contractors SA, Key Facts Table 70: De Smet Engineers & Contractors SA, Main Services Table 71: De Smet Engineers & Contractors SA, History Table 72: De Smet Engineers & Contractors SA, Key Employee Table 73: Algemene Aannemingen Van Laere NV, Key Facts Table 74: Algemene Aannemingen Van Laere NV, Main Services Table 75: Algemene Aannemingen Van Laere NV, History Table 76: Algemene Aannemingen Van Laere NV, Key Employees Table 77: Timetric Construction Market Definitions
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