DUBLIN–(BUSINESS WIRE)–The “Israel Construction Market Size, Trends and Forecasts by Sector – Commercial, Industrial, Infrastructure, Energy and Utilities, Institutional and Residential Market Analysis, 2022-2026” report has been added to ResearchAndMarkets.com’s offering.
Israel’s construction industry output grew by an estimated 6.2% in 2021, as activity bounced back following the contraction of 4.1% in 2020, when work on projects was severely disrupted by Coronavirus (COVID-19) restrictions.
The construction industry registered year-on-year (Y-o-Y) growth of 6.5% in the first three quarters of 2021, according to Israel’s Central Bureau of Statistics (CBS). The short-term outlook remains clouded by the risk of new waves of infection and the subsequent reimposition of containment measures.
The publisher expects Israel’s construction industry to expand by 2.6% in real terms in 2022, before stabilizing at an annual average growth of 2.9% over the remainder of the forecast period (2023-2026). The industry’s performance will be supported by the government’s emphasis on the implementation of large-scale infrastructure projects during the period of 2020-2027, under which the government aims to build 191.4km of new light rail infrastructure with an estimated cost of ILS73 billion (US$21.2 billion).
Some of the major light rail transit projects currently underway include the Jerusalem Light Rail Green Line, with an investment of ILS7.9 billion (US$2.3 billion) and the Jerusalem Light Rail Blue Line with an investment of ILS7.9 billion (US$2.3 billion). The industry’s output will also be supported by the government’s plan to invest ILS123.6 billion (US$34.9 billion) to increase the rail network to 2,572km by 2040.
Scope
Historical (2017-2021) and forecast (2022-2026) valuations of the construction industry in Israel, featuring details of key growth drivers
Segmentation by sector (commercial, industrial, infrastructure, energy and utilities, institutional and residential) and by sub-sector
Analysis of the mega-project pipeline, including breakdowns by development stage across all sectors, and projected spending on projects in the existing pipeline
Listings of major projects, in addition to details of leading contractors and consultants
Key Topics Covered:
1 Executive Summary
2 Construction Industry: At-a-Glance
3 Context
3.1 Economic Performance
3.2 Political Environment and Policy
3.3 Demographics
3.4 COVID-19 Status
3.5 Risk Profile
4 Construction Outlook
4.1 All Construction
Outlook
Latest news and developments
Construction Projects Momentum Index
4.2 Commercial Construction
Outlook
Project analytics
Latest news and developments
4.3 Industrial Construction
Outlook
Latest news and developments
4.4 Infrastructure Construction
Outlook
Project analytics
Latest news and developments
4.5 Energy and Utilities Construction
Outlook
Project analytics
Latest news and developments
4.6 Institutional Construction
Outlook
Project analytics
Latest news and developments
4.7 Residential Construction
Outlook
Project analytics
Latest news and developments
5 Key Industry Participants
5.1 Contractors
5.2 Consultants
6 Construction Market Data
7 Appendix
For more information about this report visit https://www.researchandmarkets.com/r/iqdjqu
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