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UAE CONSTRUCTION MARKET M A R K E T F O R E C A S T & O P P O R T U N I T I E S
2015-2015
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Scope of ReportProduct of Interest (POI): Construction
Review Period
2015 – 2018
Base Year
2019
Estimated Year
2020
Forecast Period
2021 – 2025
Year Range
UAE Construction market is expected to grow at a brisk rate during the forecast period onaccount of significant investments in infrastructure and housing development project.Moreover, Expo 2020 and government’s push for smart cities is positively influencing theconstruction market in UAE. In terms of industry type, market can be segregated intoindustrial, commercial, infrastructural and residential.
UAE CONSTRUCTION MARKET
Market Segmentation
INDUSTRY TYPE
• Industrial
• Commercial
• Infrastructural
• Residential
REGIONS
• Dubai
• Abu Dhabi
• Sharjah
• Rest of UAE
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S. No. Contents Page No.
1. Product Overview
2. Research Methodology
3. Analyst View
4. UAE Constructions Market Outlook
4.1. Market Size & Forecast
4.1.1. By Value
4.2. Market Share & Forecast
4.2.1. By Industry Type (Industrial, Commercial, Infrastructure and Residential)
4.2.2. By Company
4.2.3. By Region
4.3. Market Attractiveness Index
5. UAE Industrial Construction Market Outlook
5.1. Market Size & Forecast
5.1.1. By Value
5.2. Market Share & Forecast
5.2.1. By Region
6. UAE Infrastructure Construction Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value
6.2. Market Share & Forecast
6.2.1. By Region
7. UAE Industrial Construction Market Outlook
7.1. Market Size & Forecast
T a b l e o f C o n t e n t s Table of Contents
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S. No. Contents Page No.
7.1.1. By Value
7.2. Market Share & Forecast
7.2.1. By Region
8. UAE Residential Construction Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value
8.2. Market Share & Forecast
8.2.1. By Region
9. Pricing Analysis
10. Market Dynamics
10.1. Drivers
10.2. Challenges
11. Market Trends & Developments
12. Policy & Regulatory Landscape
13. UAE Economic Profile
14. Competitive Landscape(Leading Companies)
15. Strategic Recommendations
16. About us & Disclaimers
T a b l e o f C o n t e n t s Table of Contents
RESEARCH METHODOLOGY
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Research Methodology
✓ Identifying Key Opinion
Leaders
✓ Questionnaire Design
✓ In-depth Interviews
Data Collection
Developing List of Respondents
Formulating Questionnaire
Market Profiling
Data Validation
Data Analysis
In-depth secondary research was conducted to
determine top players in UAE Construction market,
overall market size and segmental market size.
In order to conduct industry experts’
interviews, TechSci formulated a detailed
discussion guide.
List of industry players and industry
specialists was developed.
TechSci conducted interviews with
industry experts and industry players for data collection and
verification.
Data obtained as a result of primary and secondary research was
validated through rigorous
triangulation.
The data was scrutinized using MS-Excel, statistical
tools and internal proprietary database to obtain qualitative and
quantitative insights about UAE Construction market.
Data
Collection
Data Filter
& AnalysisResearch &
Intelligence
Actionable
InsightsBusiness
Solution
Primary Research Desk Research Company Analysis
✓ Recent Developments
✓ Market Changing
Aspects/Dynamics
✓ Government Policies
✓ Final Conclusion
✓ Market Participants
✓ Key Strengths
✓ LinkedIn✓ TechSci Internal
Database
✓ Factiva✓ Hoovers
Paid Sources
✓ Company Websites✓ Company Annual
Reports✓ White Paper Study✓ Financial Reports✓ Investor
Presentations✓ Regulatory Body✓ Associations, etc.
Secondary Research
Primary Research
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Research Methodology
Baseline Methodology
Our dedicated team of industry experts has monitored and analyzed various aspects of UAE Construction market. The team has analyzed the
outlook of various segments of this market, while considering the major influencing factors such as significant investments in infrastructure and
housing development project and speculated a positive outlook during the next five years. The study includes market forecasting, which would
enable our clients to take better decisions while planning their strategy to achieve sustainability in UAE Construction market.
Methodology Followed for Calculation of Market Size:
• Market Size by Value: Market size, in terms of value, for the year 2019 was calculated based on information collected through exhaustive
secondary research and primary surveys, with various key opinion leaders/stakeholders, such as construction companies, distributors, suppliers,
industry experts, and other industry participants.
• The team interviewed more than 20 construction suppliers, 20 construction distributors/dealers, 20 industry experts and other value chain
stakeholders in UAE construction market to obtain the overall market size for 2015-2019, which was validated by the Delphi technique. Taking
standard deviation into consideration, the market size was averaged out, to arrive at the market size data for 2015-2019.
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Research Methodology
• Respondents were asked about the current and future market growth rates, market shares by industry type and by each region. Removing the
outlier responses, the geometric mean of growth estimates and supplier wise revenue shares generated across various segments were considered,
to arrive at the final revenue shares. Revenue shares generated across various segments were further triangulated from other stakeholders
depending upon the type of Construction.
Methodology Followed for Calculation of Market Shares:
Market shares by industry type, by region and by company were calculated based on the responses received through primary surveys with industry
experts, in which the respondents were asked about the market shares, trends and recent development in the UAE Construction market. The final
shares were calculated by taking the geometric mean of the responses gathered from key opinion leaders after eliminating the outliers.
Methodology Followed for Forecasting:
• TechSci Research performed periodical checks on data collected through the surveys with logic checks and analyzed the survey results in
SPSS/Tableau Software.
• Data triangulation techniques were applied to fill the gaps and to present a more meaningful picture of the market. To forecast UAE Construction
market, TechSci Research used various forecast techniques such as:
✓ Moving Average
✓ Time Series Analysis
✓ Regression Analysis
✓ Econometric and Judgmental Analysis
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Research Methodology
TechSci Research used its own forecast tool, which is based on the growth of various allied industries in respective regions. TechSci Research also used
the impact analysis during short, medium and long- term period to estimate the demand and to reach accurate market numbers. It should be noted
that the figures compiled are only for the organized market including market share data.
Partial List of Companies Interviewed Key Secondary Sources
▪ AE Arma-Electropanc
▪ Consolidated Contractors Group
▪ Bechtel
▪ Fluor Corp
▪ Arabtec Construction LLC
▪ Al Futtaim Carillion
▪ ACC Arabian Construction Company
▪ Joannou & Paraskevaides Overseas Limited
▪ Freyssinet Gulf LLC
▪ World Bank
▪ TechSci Research Proprietary Database & Knowledge
Repository
▪ Company Annual Reports
▪ Industry Reports
▪ General Authority of Statistics
▪ News Dailies
▪ Credible Paid Databases
▪ BP Statistics
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Industry Brief
According to TechSci Research report, “UAE Construction Market, By Industry Type, By Region, Competition, Forecast & Opportunities, 2025”, construction
market in UAE is expected to grow at brisk rate during the forecast period on account of growing use of innovative technologies to make the construction safer &
efficient and increasing investment for the development of infrastructure.
Ongoing infrastructural projects in the country due to Expo 2020 is driving the construction market as the event is predicted to substantially boost the tourism of
the country. Also, government of the country is showing active interest in diversifying the economy and reduce dependency on oil which will attract investors,
propelling the growth of the construction market in the country.
UAE construction market can be segmented based on industry type and region. Based on the industry type, market can be segregated into industrial,
commercial, infrastructural and residential. Infrastructural industry type is forecast to account for significant share on the back of government’s focus on smart
cities. Furthermore, massive public investment in infrastructure is projected to spur growth of the segment through 2025. Other initiatives by the government like
Ministry of Education Strategic Plan 2017-21, Education 2020 Strategy, Dubai Tourism Strategy and Sheikh Zayed Housing Programme are catalyzing the
growth in other industries.
AE Arma-Electropanc, Consolidated Contractors Group, Bechtel, Fluor Corp, Arabtec Construction LLC, Al Futtaim Carillion, ACC Arabian Construction
Company, Joannou & Paraskevaides Overseas Limited, Freyssinet Gulf LLC, among others are the leading players operating in the UAE construction market.
“Dubai is expected to account for the largest share in terms of region in the UAE construction market on account of projects such as Dubai South, Dubailand,
among others and development of smart cities. Additionally, the government of the country plans to transform Dubai into world’s smart city in the next five years.
Rewarded private and public contracts for the development of new hotels & commercial building and initiatives for Dubai’s new transportation are positively
impacting the construction market.”, said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
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Sample Data - Snapshot
5.00 6.00 7.00 8.00 9.00 10.00 11.00 12.00 13.00 14.00 15.00
2015 2019 2020E 2025FCAGR BY VALUE
XX%CAGR BY VALUE
YY%
UAE Construction Market Size, By Value, 2015–2025F (USD Million)
UAE Construction Market Share, By Company, By Volume, 2019
100% 15%
10%8%
5%4%
58%
Total Company 1 Company 2 Company 3 Company 4 Company 5 Others
25%25%25%25%25%25%25%25%25%25%25%
25%25%25%25%25%25%25%25%25%25%25%
25.00%25.00%25.00%25.00%25.00%25.00%25.00%25.00%25.00%25.00%25.00%
25.00%25.00%25.00%25.00%25.00%25.00%25.00%25.00%25.00%25.00%25.00%
2015
2017
2019
2021F
2023F
2025F
Industrial Commercial Infrastructure Residential
UAE Construction Market Share, By Industry Type, By Value, 2015–2025F
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Report Name: UAE CONSTRUCTION MARKET
MARKET FORECAST & OPPORTUNITIES
2015-2015
About Us & Disclaimer
TechSci Research is a global market research and consulting company with offices in the US, UK and India. TechSci Research provides market research reports in number of areas
to organizations. The company uses innovative business models that focus on improving productivity, while ensuring creation of high-quality reports. The proprietary forecasting
models use various analyses of both industry-specific and macroeconomic variables on a state-by-state basis to produce a unique ‘bottom-up’ model of a country, regional and
global industry prospects. Combined with the detailed analysis of company activity and industry trends, the result is a uniquely rich evaluation of the opportunities available in the
market.
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complete. TechSci Research has taken due care and caution in compilation of data as this has been obtained from various sources including which it considers reliable and first hand.
However, TechSci Research does not guarantee the accuracy, adequacy or completeness of any information and it is not responsible for any errors or omissions or for the results
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