PUBLISHER: GlobalData | PRODUCT CODE: 1076261
PUBLISHER: GlobalData | PRODUCT CODE: 1076261
Qatar Construction Market Size, Trends and Forecasts by Sector - Commercial, Industrial, Infrastructure, Energy and Utilities, Institutional and Residential Market Analysis, 2022-2026
The construction industry in Qatar is expected to expand by 2.3% in real terms this year, following an annual growth of 1.6% in 2021. The industry's output in 2022 will be supported by the government's focus on improving regional connectivity through the development of the country's rail, road, and port infrastructure, coupled with efforts to boost energy production and renewed investments owing to the ending of the economic blockade of Qatar from January 2021. According to the Planning and Statistics Authority (PSA), the industry's value add grew by 8.6% year on year (YoY) in Q1 2022, following Y-o-Y growth of 4.7% in the previous quarter. The industry's output in 2022 will also be supported by rising Foreign Direct Investment (FDI) in the country. According to the Investment Promotion Agency Qatar (IPA Qatar), in Q2 2022 the county attracted investments worth QAR69.9 billion ($19.2 billion).
GlobalData expects Qatar's construction industry to register an annual average growth rate of 3.6% from 2023 to 2026, supported by investments in the transport, renewable energy, housing, and oil and gas sectors. Forecast-period growth in the industry will also be supported by investments as part of the Qatar National Vision 2030, 2030 Asian Games, and the expansion of gas production facilities at Ras Laffan. Under the Qatar National Vision 2030, QAR60 billion ($16.4 billion) will be invested in infrastructure and real estate projects by 2025. In addition, the country's plan to increase the Liquified Natural Gas (LNG) production capacity from 77 million tonnes per year to 126 million tonnes per year by 2027 will support investment in oil and gas projects. The industry will benefit directly during the construction phase of the North Field expansion. Once completed, the LNG expansion will bolster the energy sector in the country over the forecast period. In June 2022, Qatar Energy signed a partnership deal with Total Energies for the first and largest phase of a nearly QAAR109.2 billion ($30 billion) expansion of the North Field project. On a positive note, the rise in oil prices has boosted the government's earnings, thereby freeing up funding for the country's ambitious spending plans.
The report provides detailed market analysis, information and insights into Qatar's construction industry, including -
- Qatar's construction industry's growth prospects by market, project type and construction activity
- Critical insight into the impact of industry trends and issues, as well as an analysis of key risks and opportunities in Qatar's construction industry
- Analysis of the mega-project pipeline, focusing on development stages and participants, in addition to listings of major projects in the pipeline
Scope
This report provides a comprehensive analysis of the construction industry in Qatar. It provides -
- Historical (2017-2021) and forecast (2022-2026) valuations of the construction industry in Qatar, 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
Reasons to Buy
- Identify and evaluate market opportunities using GlobalData'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 GlobalData's critical and actionable insight.
- Assess business risks, including cost, regulatory and competitive pressures.
- Evaluate competitive risk and success factors.
Table of Contents
Table of Contents
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
- Project analytics
- 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
- 7.1 What is this Report About?
- 7.2 Definitions
- 7.3 CRI Methodology
- 7.4 GlobalData Construction
- Contact Us
List of Tables
List of Tables
- Table 1: Construction Industry Key Data
- Table 2: Qatar, Key Economic Indicators
- Table 3: Qatar, Commercial Construction Output by Project Type (Real % Change), 2017-26
- Table 4: Qatar, Top Commercial Construction Projects by Value
- Table 5: Qatar, Industrial Construction Output by Project Type (Real % Change), 2017-26
- Table 6: Qatar, Top Industrial Construction Projects by Value
- Table 7: Qatar, Infrastructure Construction Output by Project Type (Real % Change), 2017-26
- Table 8: Qatar, Top Infrastructure Construction Projects by Value
- Table 9: Qatar, Energy and Utilities Construction Output by Project Type (Real % Change), 2017-26
- Table 10: Qatar, Top Energy and Utilities Construction Projects by Value
- Table 11: Qatar, Institutional Construction Output by Project Type (Real % Change), 2017-26
- Table 12: Qatar, Top Institutional Construction Projects by Value
- Table 13: Qatar, Residential Construction Output by Project Type (Real % Change), 2017-26
- Table 14: Qatar, Top Residential Construction Projects by Value
- Table 15: Qatar, Key Contractors
- Table 16: Qatar, Key Consultants
- Table 17: Qatar, Construction Output Value (Real, $ Million)
- Table 18: Qatar, Construction Output Value (Nominal, QAR Million)
- Table 19: GlobalData Construction Market Definitions
- Table 20: Risk Dimensions
- Table 21: Ratings, Scores and Definitions
List of Figures
List of Figures
- Figure 1: Middle East and North Africa, Construction Output (Real % Change), 2020-26
- Figure 2: Qatar, Construction Output by Sector (Real % Change), 2020-22 and 2023-26
- Figure 3: Qatar, COVID-19 Confirmed Cases
- Figure 4: Qatar, Risk Summary
- Figure 5: Qatar, Risk Regional Comparison
- Figure 6: Qatar, Construction Output Value (Real, $ Billion, 2017 Prices and Exchange Rate), 2017-26
- Figure 7: Qatar, Construction Output Value, by Sector (Real, $ Million), 2017-26
- Figure 8: Qatar, Construction Value Add, Constant Prices (QAR Million, 2018 Base Prices)
- Figure 9: Qatar, New Building Permits Issued (Number)
- Figure 10: Qatar, New Building Completion Certificates Issued (Number)
- Figure 11: Qatar, Number of Sold Properties
- Figure 12: Qatar, Value of Sold Properties (Million QAR)
- Figure 13: Qatar, Construction Projects Momentum Index
- Figure 14: Region, Construction Projects Momentum Index
- Figure 15: Qatar, Commercial Construction Output by Project Type (Real, $ Million), 2017-26
- Figure 16: Qatar, Commercial Construction Projects Pipeline, Value by Stage ($ Million)
- Figure 17: Qatar, Wholesale and Retail Trade Value Add, Constant Prices (QAR Million, 2018 Base Prices)
- Figure 18: Qatar, Accommodation and Food Service Activities Value Add, Constant Prices (QAR Million, 2018 Base Prices)
- Figure 19: Qatar, New Commercial Building Permits Issued (Number)
- Figure 20: Qatar, Commercial Building Completion Certificates Issued (Number)
- Figure 21: Qatar, Total Visitor Arrivals (In Thousands)
- Figure 22: Qatar, Industrial Construction Output by Project Type (Real, $ Million), 2017-26
- Figure 23: Qatar, Industrial Construction Projects Pipeline, Value by Stage ($ Million)
- Figure 24: Qatar, Manufacturing Value Add, Constant Prices (QAR Million, 2018 Base Prices)
- Figure 25: Qatar, Industrial and Manufacturing Production Indices (2013=100)
- Figure 26: Qatar, Total Exports (QAR Billion)
- Figure 27: Qatar, Infrastructure Construction Output by Project Type (Real, $ Million), 2017-26
- Figure 28: Qatar, Infrastructure Construction Projects Pipeline, Value by Stage ($ Million)
- Figure 29: Qatar, Energy and Utilities Construction Output by Project Type (Real, $ Million), 2017-26
- Figure 30: Qatar, Energy and Utilities Construction Projects Pipeline, Value by Stage ($ Million)
- Figure 31: Qatar, Gas, Steam, and Air Value Add, Constant Prices (QAR Million, 2018 Base Prices)
- Figure 32: Qatar, Gross Electricity Generated (GWh)
- Figure 33: Qatar, Institutional Construction Output by Project Type (Real, $ Million), 2017-26
- Figure 34: Qatar, Institutional Construction Projects Pipeline, Value by Stage ($ Million)
- Figure 35: Qatar, Education Sector Value Add, Constant Prices (QAR Million, 2018 Base Prices)
- Figure 36: Qatar, Healthcare Sector Value Add, Constant Prices (QAR Million, 2018 Base Prices)
- Figure 37: Qatar, Residential Construction Output by Project Type (Real, $ Million), 2017-26
- Figure 38: Qatar, Residential Construction Projects Pipeline, Value by Stage ($ Million)
- Figure 39: Qatar, Real Estate Activities Value Add, Constant Prices (QAR Million, 2018 Base Prices)
- Figure 40: Qatar, New Residential Building Permits Issued (Number)
- Figure 41: Qatar, New Residential Building Completion Certificates Issued (Number)
- Figure 42: Qatar, Real Estate Price Index (2009-10 = 100)
- Figure 43: Qatar, Headquarters of Key Contractors (% of Total Project Pipeline)
- Figure 44: Qatar, Headquarters of Key Consultants (% of Total Project Pipeline)
