Construction Sector 2020 Outlook - CGS-CIMB Research 2019-12-09: OVERWEIGHT. This high contribution is because Singapore is within the global top three countries that have export refining centers. Dublin, March 27, 2020 (GLOBE NEWSWIRE) -- The "Singapore Construction Industry Databook Series - Market Size & Forecast by Value and Volume, Opportunities, and Risk Assessment" report has been added to ResearchAndMarkets.com's offering. "Singapore Construction Industry Databook Series - Market Size & Forecast by Value and Volume, Opportunities, and Risk Assessment", https://www.researchandmarkets.com/r/uksqnt. This infographic is based on data compiled by the Department of Statistics, other government agencies and statutory boards. We originally forecasted this trend would persist into 2020, but the COVID-19 pandemic caused a shift in project timelines and a drop in the sectors’ labor and employment. Construction community for professionals to mingle and exchange intellectual ideas and opinions. SINGAPORE: The built-environment industry has been going through a steady transformation in recent years in a bid to improve productivity, reduce costs, improve safety and … Synopsis In real terms, Singapore's construction industry registered positive growth during the review period (2012–2016). Webinar on “Navigating the PSSCOC and Discussing Recent Amendments that Impact Contractors” Circular No: C&P/232/10/tl. From the hot sun, dusty environment to the demanding timelines, heated discussions and massive coordination works, construction work does not appeal to most of the young adults entering the work force. Finance Minister Heng Swee Keat attributes this lack of production to a heavy focus on the available labor in the construction industry instead of on adopting new technologies to make the construction sector more efficient. At the time the announcement was made, there were just over 30,000 professionals in this industry, meaning the goal is to nearly triple this number. All three construction companies have seen … Construction industry faces tough times Push for new tech, dwindling contracts, competition from overseas among the woes Traditional building methods being employed at a construction site. According to the publisher, the building construction industry in Singapore is expected to record a CAGR of 2.5% to reach SGD 22.5 billion by 2024. The Singaporean construction industry will surely benefit from a shift in focus from manual labor to advanced technologies. In October of last year, Heng announced that a new Industry Transformation Map would be released for the Singaporean construction industry at the Singapore Construction Productivity Week later that month. The report focuses on combining industry dynamics with macro-economic scenario and changing consumer behavior to offer a 360-degree view of the opportunities and risks.Reason to Buy, Key Topics Covered: 1 About this Report1.1 Methodology1.2 Definitions1.3 Disclaimer2 Singapore Construction Industry Dynamics and Growth Prospects2.1 Construction Industry Growth Dynamics2.1.1 Singapore Construction Industry Market Size by Value, 2015 - 20242.1.2 Singapore Construction Markets Snapshot2.1.3 Singapore Building Construction Industry Market Size by Value, 2015 - 20242.1.4 Singapore Infrastructure Construction Industry Market Size by Value, 2015 - 20242.2 Analysis by Building and Infrastructure Construction Sectors2.2.1 Market Share Analysis by Building Construction Sectors, 2015 - 20242.2.2 Market Share Analysis by Infrastructure Construction Markets, 2015 - 20242.3 Trend Analysis of Key Macroeconomic KPIs2.3.1 Economic Outlook - GDP2.3.2 Economic Outlook - GDP per Capita2.3.3 Business Confidence2.3.4 Consumer Confidence2.3.5 Demographics - Population2.4 Global Construction Industry Attractiveness Snapshot2.4.1 Global Construction Industry Hot Spots2.4.2 Global Construction and Real Estate Industry Attractiveness2.4.3 Global Construction Industry Risk Index3 Singapore Residential Construction Industry Market Size and Forecast3.1 Residential Building Construction Market Size by Value, 2015 - 20243.2 Residential Building Construction Market Size by Volume, 2015 - 20243.3 Residential Building Average Construction Value, 2015 - 20243.4 Residential Construction Analysis and Growth Dynamics by Number of Units, 2015 - 20244 Analysis by Residential Construction Markets Outlook by Construction type4.1 Snapshot by Residential Building Construction Markets by Construction Type4.2 Multi Family Residential Building Construction Market Size by Value, 2015 - 20244.3 Multi Family Residential Building Construction Market Size by Volume, 2015 - 20244.4 Multi Family Residential Building Average Construction Value, 2015 - 20244.5 Multi Family Construction Analysis and Growth Dynamics by Number of Units, 2015 - 20244.6 Single Family Residential Building Construction Market Size by Value, 2015 - 20244.7 Single Family Residential Building Construction Market Size by Volume, 2015 - 20244.8 Single Family Residential Building Average Construction Value, 2015 - 20244.9 Single Family Construction Analysis and Growth Dynamics by Number of Units, 2015 - 20245 Analysis by Residential Construction Markets Outlook by Price Point5.1 Snapshot by Residential Building Construction Markets by Price Point5.2 Luxury Residential Building Construction Market Size by Value, 2015 - 20245.3 Luxury Residential Building Construction Market Size by Volume, 2015 - 20245.4 Luxury Residential Building Average Construction Value, 2015 - 20245.5 Luxury Residential Construction Analysis and Growth Dynamics by Number of Units, 2015 - 20245.6 Mid-Tier Residential Building Construction Market Size by Value, 2015 - 20245.7 Mid-Tier Residential Building Construction Market Size by Volume, 2015 - 20245.8 Mid-Tier Residential Building Average Construction Value, 2015 - 20245.9 Mid-Tier Residential Construction Analysis and Growth Dynamics by Number of Units, 2015 - 20245.1 Affordable Residential Building Construction Market Size by Value, 2015 - 20245.11 Affordable Residential Building Construction Market Size by Volume, 2015 - 20245.12 Affordable Residential Building Average Construction Value, 2015 - 20245.13 Affordable Residential Construction Analysis and Growth Dynamics by Number of Units, 2015 - 20246 Residential Building Construction Growth Trend Analysis by Development Stage6.1 Snapshot by Residential Building Construction Markets by Development Stage6.2 New Residential Building Construction Market Size by Value, 2015 - 20246.3 Re-development Residential Building Construction Market Size by Value, 2015 - 20246.4 Maintenance Residential Building Construction Market Size by Value, 2015 - 20247 Singapore Commercial Construction Industry Market Size and Forecast7.1 Commercial Building Construction Market Size by Value, 2015 - 20247.2 Commercial Building Construction Market Size by Volume, 2015 - 20247.3 Commercial Building Average Construction Value, 2015 - 20247.4 Market Share Analysis by Commercial Building Construction Markets8 Office Building Construction Outlook8.1 Office Building Construction Market Size by Value, 2015 - 20248.2 Office Building Construction Market Size by Volume, 2015 - 20248.3 Office Building Average Construction Value, 2015 - 20248.4 Snapshot by Office Building Construction Markets by Price Point8.5 Grade - A Office Building Construction Market Size by Value, 2015 - 20248.6 Grade - B Office Building Construction Market Size by Value, 2015 - 20248.7 Grade - C Office Building Construction Market Size by Value, 2015 - 20249 Retail Building Construction Outlook9.1 Retail Building Construction Market Size by Value, 2015 - 20249.2 Retail Building Construction Market Size by Volume, 2015 - 20249.3 Retail Building Average Construction Value, 2015 - 202410 Hospitality and Luxury Building Construction Outlook10.1 Hospitality and Luxury Building Construction Market Size by Value, 2015 - 202410.2 Hospitality and Luxury Building Construction Market Size by Volume, 2015 - 202410.3 Hospitality and Luxury Building Average Construction Value, 2015 - 202411 Restaurant Building Construction Outlook11.1 Restaurant Building Construction Market Size by Value, 2015 - 202411.2 Restaurant Building Construction Market Size by Volume, 2015 - 202411.3 Restaurant Building Average Construction Value, 2015 - 202412 Sports Facility Building Construction Outlook12.1 Sports Facility Building Construction Market Size by Value, 2015 - 202412.2 Sports Facility Building Construction Market Size by Volume, 2015 - 202412.3 Sports Facility Building Average Construction Value, 2015 - 202413 Entertainment Building Construction Outlook13.1 Entertainment Building Construction Market Size by Value, 2015 - 202413.2 Entertainment Building Construction Market Size by Volume, 2015 - 202413.3 Entertainment Building Average Construction Value, 2015 - 202414 Commercial Building Construction Growth Trend Analysis by Development Stage14.1 Snapshot by Commercial Building Construction Markets by Development Stage14.2 New Commercial Building Construction Market Size by Value, 2015 - 202414.3 Re-development Commercial Building Construction Market Size by Value, 2015 - 202414.4 Maintenance Commercial Building Construction Market Size by Value, 2015 - 202415 Singapore Industrial Construction Industry Market Size and Forecast15.1 Industrial Building Construction Market Size by Value, 2015 - 202415.2 Industrial Building Construction Market Size by Volume, 2015 - 202415.3 Industrial Building Average Construction Value, 2015 - 202416 Outlook and Growth Dynamics by Industrial Building Construction Sectors16.1 Market Share Analysis by Industrial Building Construction Markets16.2 Manufacturing Plant Building Construction Market Size by Value, 2015 - 202416.3 Manufacturing Plant Building Construction Market Size by Volume, 2015 - 202416.4 Manufacturing Plant Building Average Construction Value, 2015 - 202416.5 Metal & Material Processing Building Construction Market Size by Value, 2015 - 202416.6 Metal & Material Processing Building Construction Market Size by Volume, 2015 - 202416.7 Metal & Material Processing Building Average Construction Value, 2015 - 202416.8 Chemical & Pharmaceutical Building Construction Market Size by Value, 2015 - 202416.9 Chemical & Pharmaceutical Building Construction Market Size by Volume, 2015 - 202416.1 Chemical & Pharmaceutical Building Average Construction Value, 2015 - 202417 Industrial Building Construction Growth Trend Analysis by Development Stage17.1 Snapshot by Industrial Building Construction Markets by Development Stage17.2 New Industrial Building Construction Market Size by Value, 2015 - 202417.3 Re-development Industrial Building Construction Market Size by Value, 2015 - 202417.4 Maintenance Industrial Building Construction Market Size by Value, 2015 - 202418 Singapore Institutional Construction Industry Market Size and Forecast18.1 Institutional Building Construction Market Size by Value, 2015 - 202418.2 Institutional Building Construction Market Size by Volume, 2015 - 202418.3 Institutional Building Average Construction Value, 2015 - 202419 Outlook and Growth Dynamics by Institutional Building Construction Sectors19.1 Market Share Analysis by Institutional Building Construction Markets19.2 Healthcare Building Construction Market Size by Value, 2015 - 202419.3 Healthcare Building Construction Market Size by Volume, 2015 - 202419.4 Healthcare Building Average Construction Value, 2015 - 202419.5 Education Building Construction Market Size by Value, 2015 - 202419.6 Education Building Construction Market Size by Volume, 2015 - 202419.7 Education Building Average Construction Value, 2015 - 202419.8 Public Convenience Building Construction Market Size by Value, 2015 - 202419.9 Public Convenience Building Construction Market Size by Volume, 2015 - 202419.1 Public Convenience Building Average Construction Value, 2015 - 202420 Institutional Building Construction Growth Trend Analysis by Development Stage20.1 Snapshot by Institutional Building Construction Markets by Development Stage20.2 New Institutional Building Construction Market Size by Value, 2015 - 202420.3 Re-development Institutional Building Construction Market Size by Value, 2015 - 202420.4 Maintenance Institutional Building Construction Market Size by Value, 2015 - 202421 Singapore Utility System Infrastructure Construction Industry Market Size and Forecast21.1 Utility System Infrastructure Construction Market Size by Value, 2015 - 202421.2 Snapshot by Utility System Infrastructure Construction Markets21.3 Oil and Gas Infrastructure Construction Market Size by Value, 2015 - 202421.4 Power Infrastructure Construction Market Size by Value, 2015 - 202421.5 Water and Sewage Infrastructure Construction Market Size by Value, 2015 - 202421.6 Communication Infrastructure Construction Market Size by Value, 2015 - 202422 Singapore Transport Infrastructure Construction Industry Market Size and Forecast22.1 Transport Infrastructure Construction Market Size by Value, 2015 - 202422.2 Snapshot by Transport Infrastructure Construction Markets22.3 Highway, Street and Bridge Infrastructure Construction Market Size by Value, 2015 - 202422.4 Railway Infrastructure Construction Market Size by Value, 2015 - 202422.5 Airport Infrastructure Construction Market Size by Value, 2015 - 202422.6 Tunnel Infrastructure Construction Market Size by Value, 2015 - 202423 Singapore Marine and Inland Water Infrastructure Construction Industry Market Size and Forecast24 Infrastructure Construction Growth Trend Analysis by Development Stage24.1 Snapshot by Infrastructure Construction Markets by Development Stage24.2 New Infrastructure Construction Market Size by Value, 2015 - 202424.3 Re-development Infrastructure Construction Market Size by Value, 2015 - 202424.4 Maintenance Infrastructure Construction Market Size by Value, 2015 - 2024Companies Mentioned, For more information about this report visit https://www.researchandmarkets.com/r/uksqnt. 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2020 singapore construction industry