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Construction Market in Thailand 2015-2019

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Page 1: Construction Market in Thailand 2015-2019

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Construction Market in Thailand 2015-2019

Page 2: Construction Market in Thailand 2015-2019

Covered in this Report• This report covers the present scenario and the

growth prospects of the construction market in Thailand for the period 2015-2019.

• To calculate the market size, the report considers the construction market revenue as a part of the GDP.

• The performance of the construction market in Thailand is forecast with the help of the predicted CAGR, after analysis of the present condition of the market.

• The report presents a detailed analysis of the key vendors. In addition, it discusses the major drivers that influence growth, the challenges faced by vendors and the market at large, as well as the key trends emerging in the market.

Construction Market in Thailand 2015-2019

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Page 3: Construction Market in Thailand 2015-2019

Market Overview• The government of Thailand is working toward

improving the infrastructure in the country.

• Keeping that in mind, the government is investing heavily in upgrade and development of the same.

• The government has allocated nearly $100 billion for the on-going infrastructure development plan (2014-2021). The plan includes overhauling the country’s aging rail system, Bangkok’s light rail, and ports.

• The plan also includes funding for high-speed rail lines to connect Thailand, China, and some neighbouring countries.

• Technavio's analysts forecast the construction market in Thailand to grow at a CAGR of 9.15% over the period 2014-2019.

To know more aboutConstruction Market in

Thailand 2015-2019,please mail us at

[email protected]

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Page 5: Construction Market in Thailand 2015-2019

Key Findings

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• Clients in the construction market in Thailand have been focused on assigning construction projects to local construction companies even though they lack expertise and experience.

• They offer bids at much lower prices, making the construction affordable for the clients.

• This has been compromising the quality of infrastructure in the country.

• Further, lack of knowledge also leads to mismanagement of the project, materials, and its procurement.

• With the rapid pace of infrastructure development in Thailand, there is a significant rise in CO2 emissions and increase in the carbon footprint.

• As a result, the government in Thailand is extensively focusing on adoption of sustainable building practices.

Page 6: Construction Market in Thailand 2015-2019

Key Questions Answered in Our Report

• What will the market size be in 2019 and what will the growth rate be?

• What are the key market trends?

• What is driving this market?

• What are the challenges to market growth?

• Who are the key vendors in this market space?

• What are the market opportunities and threats faced by the key vendors?

• What are the strengths and weaknesses of the key vendors?

Have a question of your own about this report?

Ask our Analysts

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Page 7: Construction Market in Thailand 2015-2019

• Decision makers and influencers in sales & marketing, strategy, product and R&D teams rely on research from Technavio. We have a large and growing base of happy customers worldwide. Our customers include technology suppliers, end users, consulting companies, investment firms and research institutes.

• Technavio was founded in 2003 in London. We have about 300 analysts globally. We cover more than 500 technologies across 80 countries. Traditional media such as Forbes Asia and New York Times, along with other web media portals, like to quote us.

About Technavio

Some of our clients include:ACT Global, Flextronics, Huawei Technologies Co, Infosys, Harris Corporation, Infosys, Intercad, Hidaka Precision Tools & Dies Company, Huawei Technologies Co, American Capital, Analysis Group, Netscout, NTT DoCoMo

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Page 9: Construction Market in Thailand 2015-2019

Thank You!

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