Construction in the Netherlands - Key Trends and Opportunities to 2020

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Date: 16-Sep-2016
No. of pages: 88
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Synopsis

The Dutch construction industry's forecast-period (2016-2020) outlook is better than its review-period performance, with average annual growth in real terms set to accelerate from -0.26% during the review period (2011-2015) to 4.33% over the forecast period. This increase will be due to increased government investments, an anticipated recovery in regional and global economic conditions, and improving consumer and investor confidence.

Following two years of contraction, the Dutch construction industry rebounded in 2014, and registered growth of 3.1%. This momentum continued with a growth rate of 10.6% in 2015, driven by a declining budget deficit and improving investor confidence, which supported new investments in residential, infrastructure and commercial construction projects

Government and private sector investments in the residential, infrastructure, commercial and energy and utilities construction markets will drive the industry's forecast period growth. The Ministry of Infrastructure and the Environment (I&M) is planning to spend EUR9.0 billion (US$10.0 billion) on infrastructure, logistics and water management in 2016.

Under the Dutch national Operational Program (OP) 2014-2020, the government aims to develop the country's education system, increase the number of innovative Small and Medium Enterprises (SMEs) and improve their competitiveness, increase energy and resource efficiency, and develop under-privileged areas.

In real terms, the construction industry registered a review-period CAGR of -0.26%. However, the industry is expected to grow at a CAGR of 4.33% over the forecast period in real terms.

Summary

Timetric's Construction in the Netherlands - Key Trends and Opportunities to 2020 report provides detailed market analysis, information and insights into the Dutch construction industry including:


  • Dutch construction industry's growth prospects by market, project type and type of construction activity

  • Analysis of equipment, material and service costs across each project type within the Netherlands

  • Critical insight into the impact of industry trends and issues, and the risks and opportunities they present to participants in the Dutch construction industry

  • Analyzing the profiles of the leading operators in the Dutch construction industry.

  • Data highlights of the largest construction projects in the Netherlands


Scope

This report provides a comprehensive analysis of the construction industry in the Netherlands. It provides:


  • Historical (2011-2015) and forecast (2016-2020) valuations of the construction industry in the Netherlands using construction output and value-add methods

  • Segmentation by sector (commercial, industrial, infrastructure, energy and utilities, institutional and residential) and by project type

  • Breakdown of values within each project type, by type of activity (new construction, repair and maintenance, refurbishment and demolition) and by type of cost (materials, equipment and services)

  • Analysis of key construction industry issues, including regulation, cost management, funding and pricing

  • Detailed profiles of the leading construction companies in the Netherlands


Reasons To Buy


  • Identify and evaluate market opportunities using Timetric'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 Timetric's critical and actionable insight.

  • Assess business risks, including cost, regulatory and competitive pressures.

  • Evaluate competitive risk and success factors.


Key Highlights


  • Residential property prices are expected to remain buoyant over the forecast period, due to an increasing demand for residential buildings as a result of low mortgage interest rates and rising consumer confidence. According to the CBS, the country's house price index increased by 2.8%, from 86.1 in 2014 to 88.5 in 2015. The residential property price index grew by 4.1% during the first half of 2016, increasing from 87.6 in January-June 2015 to 91.3 in January-June 2016. The total number of dwellings sold grew by 16.1%, rising from 153,511 housing units in 2014 to 178,293 in 2015.

  • The government's focus on affordable housing is expected to drive the growth of the residential construction market over the forecast period. The government is focusing on the construction of affordable housing projects. In January 2016, the housing ministry announced its plans to build social housing in Amsterdam and Utrecht. Accordingly, around 8,376 units are currently under construction in Amsterdam.

  • The energy and utilities construction market is expected to benefit from the government's plans to increase the share of renewable energy's total energy mix under the Dutch National Renewable Energy Action Plan (NREAP). Under this plan, the government aims to increase the share of renewable energy in the total consumption from 6.0% in 2015 to 14.0% by 2020.

  • The country has one of the most highly developed transport networks in Europe. To maintain its position, continued investments are expected in transport infrastructure over the forecast period. In March 2016, the government allocated EUR10.0 billion (US$11.1 billion) for the development of national roads, rail and water infrastructure by 2018.

  • Improved economic conditions and household spending will help the retail industry grow over the forecast period, which will result in growth in the retail buildings category. According to the CBS, the country's retail turnover volume index increased by 2.3%, going from 92.7 in 2014 to 94.8 in 2015. It increased by 0.7% during the first five months of 2016, going from 91.0 in January-May 2015 to 91.6 in January-May 2016.

Construction in the Netherlands - Key Trends and Opportunities to 2020

Table of Contents

1 Executive Summary

2 Industry Outlook
2.1 Commercial Construction
2.2 Industrial Construction
2.3 Infrastructure Construction
2.4 Energy and Utilities Construction
2.5 Institutional Construction
2.6 Residential Construction

3 Key Issues and Developments

4 Market Data Analysis
4.1 Construction Output and Value Add
4.1.1 Construction output by project type
4.1.2 Construction output by cost type
4.1.3 Construction output by activity type
4.1.4 Construction value add by project type
4.2 Commercial Construction
4.2.1 Commercial construction output by project type
4.2.2 Commercial construction output by cost type
4.2.3 Commercial construction output by activity type
4.2.4 Commercial construction value add by project type
4.3 Industrial Construction
4.3.1 Industrial construction output by project type
4.3.2 Industrial construction output by cost type
4.3.3 Industrial construction output by activity type
4.3.4 Industrial construction value add by project type
4.4 Infrastructure Construction
4.4.1 Infrastructure construction output by project type
4.4.2 Infrastructure construction output by cost type
4.4.3 Infrastructure construction output by activity type
4.4.4 Infrastructure construction value add by project type
4.5 Energy and Utilities Construction
4.5.1 Energy and utilities construction output by project type
4.5.2 Energy and utilities construction output by cost type
4.5.3 Energy and utilities construction output by activity type
4.5.4 Energy and utilities construction value add by project type
4.6 Institutional Construction
4.6.1 Institutional construction output by project type
4.6.2 Institutional construction output by cost type
4.6.3 Institutional construction output by activity type
4.6.4 Institutional construction value add by project type
4.7 Residential Construction
4.7.1 Residential construction output by project type
4.7.2 Residential construction output by cost type
4.7.3 Residential construction output by activity type
4.7.4 Residential construction value add by project type

5 Company Profile: Chicago Bridge & Iron Company N.V.
5.1 Chicago Bridge & Iron Company N.V. - Company Overview
5.2 Chicago Bridge & Iron Company N.V. - Business Description
5.3 Chicago Bridge & Iron Company N.V. - Main Products and Services
5.4 Chicago Bridge & Iron Company N.V. - History
5.5 Chicago Bridge & Iron Company N.V. - Company Information
5.5.1 Chicago Bridge & Iron Company N.V. - key competitors
5.5.2 Chicago Bridge & Iron Company N.V. - key employees

6 Company Profile: Royal BAM Group nv
6.1 Royal BAM Group nv - Company Overview
6.2 Royal BAM Group nv - Business Description
6.3 Royal BAM Group nv - Main Services
6.4 Royal BAM Group nv - History
6.5 Royal BAM Group nv - Company Information
6.5.1 Royal BAM Group nv - key competitors
6.5.2 Royal BAM Group nv - key employees

7 Company Profile: Royal Volker Wessels Stevin NV
7.1 Royal Volker Wessels Stevin NV - Company Overview
7.2 Royal Volker Wessels Stevin NV - Business Description
7.3 Royal Volker Wessels Stevin NV - Main Services
7.4 Royal Volker Wessels Stevin NV - History
7.5 Royal Volker Wessels Stevin NV - Company Information
7.5.1 Royal Volker Wessels Stevin NV - key competitors
7.5.2 Royal Volker Wessels Stevin NV - key employees

8 Company Profile: Oranjewoud N.V.
8.1 Oranjewoud N.V. - Company Overview
8.2 Oranjewoud N.V. - Main Services
8.3 Oranjewoud N.V. - History
8.4 Oranjewoud N.V. - Company Information
8.4.1 Oranjewoud N.V. - key competitors
8.4.2 Oranjewoud N.V. - key employees

9 Company Profile: Van Oord N.V
9.1 Van Oord nv - Company Overview
9.2 Van Oord nv - Business Description
9.3 Van Oord nv - Main Services
9.4 Van Oord nv - History
9.5 Van Oord nv - Company Information
9.5.1 Van Oord nv - key competitors
9.5.2 Van Oord nv - key employees

10 Appendix
10.1 What is this Report About?
10.2 Definitions
10.3 Methodology
10.4 Contact Timetric
10.5 About Timetric
10.6 Timetric's Services
10.7 Disclaimer

List of Tables

Table 1: Dutch Construction Output by Project Type (EUR Million), 2011-2015
Table 2: Dutch Construction Output by Project Type (EUR Million), 2015-2020
Table 3: Dutch Construction Output by Cost Type (EUR Million), 2011-2015
Table 4: Dutch Construction Output by Cost Type (EUR Million), 2015-2020
Table 5: Dutch Construction Output by Activity Type (EUR Million), 2011-2015
Table 6: Dutch Construction Output by Activity Type (EUR Million), 2015-2020
Table 7: Dutch Construction Value Add by Project Type (EUR Million), 2011-2015
Table 8: Dutch Construction Value Add by Project Type (EUR Million), 2015-2020
Table 9: Dutch Commercial Construction Output by Project Type (EUR Million), 2011-2015
Table 10: Dutch Commercial Construction Output by Project Type (EUR Million), 2015-2020
Table 11: Dutch Commercial Construction Output by Cost Type (EUR Million), 2011-2015
Table 12: Dutch Commercial Construction Output by Cost Type (EUR Million), 2015-2020
Table 13: Dutch Commercial Construction Output by Activity Type (EUR Million), 2011-2015
Table 14: Dutch Commercial Construction Output by Activity Type (EUR Million), 2015-2020
Table 15: Dutch Commercial Construction Value Add by Project Type (EUR Million), 2011-2015
Table 16: Dutch Commercial Construction Value Add by Project Type (EUR Million), 2015-2020
Table 17: Dutch Industrial Construction Output by Project Type (EUR Million), 2011-2015
Table 18: Dutch Industrial Construction Output by Project Type (EUR Million), 2015-2020
Table 19: Dutch Industrial Construction Output by Cost Type (EUR Million), 2011-2015
Table 20: Dutch Industrial Construction Output by Cost Type (EUR Million), 2015-2020
Table 21: Dutch Industrial Construction Output by Activity Type (EUR Million), 2011-2015
Table 22: Dutch Industrial Construction Output by Activity Type (EUR Million), 2015-2020
Table 23: Dutch Industrial Construction Value Add by Project Type (EUR Million), 2011-2015
Table 24: Dutch Industrial Construction Value Add by Project Type (EUR Million), 2015-2020
Table 25: Dutch Infrastructure Construction Output by Project Type (EUR Million), 2011-2015
Table 26: Dutch Infrastructure Construction Output by Project Type (EUR Million), 2015-2020
Table 27: Dutch Infrastructure Construction Output by Cost Type (EUR Million), 2011-2015
Table 28: Dutch Infrastructure Construction Output by Cost Type (EUR Million), 2015-2020
Table 29: Dutch Infrastructure Construction Output by Activity Type (EUR Million), 2011-2015
Table 30: Dutch Infrastructure Construction Output by Activity Type (EUR Million), 2015-2020
Table 31: Dutch Infrastructure Construction Value Add by Project Type (EUR Million), 2011-2015
Table 32: Dutch Infrastructure Construction Value Add by Project Type (EUR Million), 2015-2020
Table 33: Dutch Energy and Utilities Construction Output by Project Type (EUR Million), 2011-2015
Table 34: Dutch Energy and Utilities Construction Output by Project Type (EUR Million), 2015-2020
Table 35: Dutch Energy and Utilities Construction Output by Cost Type (EUR Million), 2011-2015
Table 36: Dutch Energy and Utilities Construction Output by Cost Type (EUR Million), 2015-2020
Table 37: Dutch Energy and Utilities Construction Output by Activity Type (EUR Million), 2011-2015
Table 38: Dutch Energy and Utilities Construction Output by Activity Type (EUR Million), 2015-2020
Table 39: Dutch Energy and Utilities Construction Value Add by Project Type (EUR Million), 2011-2015
Table 40: Dutch Energy and Utilities Construction Value Add by Project Type (EUR Million), 2015-2020
Table 41: Dutch Institutional Construction Output by Project Type (EUR Million), 2011-2015
Table 42: Dutch Institutional Construction Output by Project Type (EUR Million), 2015-2020
Table 43: Dutch Institutional Construction Output by Cost Type (EUR Million), 2011-2015
Table 44: Dutch Institutional Construction Output by Cost Type (EUR Million), 2015-2020
Table 45: Dutch Institutional Construction Output by Activity Type (EUR Million), 2011-2015
Table 46: Dutch Institutional Construction Output by Activity Type (EUR Million), 2015-2020
Table 47: Dutch Institutional Construction Value Add by Project Type (EUR Million), 2011-2015
Table 48: Dutch Institutional Construction Value Add by Project Type (EUR Million), 2015-2020
Table 49: Dutch Residential Construction Output by Project Type (EUR Million), 2011-2015
Table 50: Dutch Residential Construction Output by Project Type (EUR Million), 2015-2020
Table 51: Dutch Residential Construction Output by Cost Type (EUR Million), 2011-2015
Table 52: Dutch Residential Construction Output by Cost Type (EUR Million), 2015-2020
Table 53: Dutch Residential Construction Output by Activity Type (EUR Million), 2011-2015
Table 54: Dutch Residential Construction Output by Activity Type (EUR Million), 2015-2020
Table 55: Dutch Residential Construction Value Add by Project Type (EUR Million), 2011-2015
Table 56: Dutch Residential Construction Value Add by Project Type (EUR Million), 2015-2020
Table 57: Chicago Bridge & Iron Company N.V., Key Facts
Table 58: Chicago Bridge & Iron Company N.V., Main Products and Services
Table 59: Chicago Bridge & Iron Company N.V., History
Table 60: Chicago Bridge & Iron Company N.V., Key Employees
Table 61: Royal BAM Group nv, Key Facts
Table 62: Royal BAM Group nv, Main Services
Table 63: Royal BAM Group nv, History
Table 64: Royal BAM Group nv, Key Employees
Table 65: Royal Volker Wessels Stevin NV, Key Facts
Table 66: Royal Volker Wessels Stevin NV, Main Services
Table 67: Royal Volker Wessels Stevin NV, History
Table 68: Royal Volker Wessels Stevin NV, Key Employees
Table 69: Oranjewoud N.V., Key Facts
Table 70: Oranjewoud N.V., Main Services
Table 71: Oranjewoud N.V., History
Table 72: Oranjewoud N.V., Key Employees
Table 73: Van Oord nv, Key Facts
Table 74: Van Oord nv, Main Services
Table 75: Van Oord nv, History
Table 76: Van Oord nv, Key Employees
Table 77: Timetric Construction Market Definitions

List of Figures

Figure 1: Dutch Construction Output (Real US$ 2010, Million), 2011-2020
Figure 2: Growth Matrix for Construction Output in the Netherlands (US$ Million), 2011-2020
Figure 3: Dutch Construction Output by Project Type (EUR Million), 2011-2020
Figure 4: Dutch Construction Output by Cost Type (EUR Million), 2011-2020
Figure 5: Dutch Construction Output by Activity Type (EUR Million), 2011-2020
Figure 6: Dutch Construction Value Add by Project Type (EUR Million), 2011-2020
Figure 7: Dutch Commercial Construction Output by Project Type (EUR Million), 2011-2020
Figure 8: Dutch Commercial Construction Output by Cost Type (EUR Million), 2011-2020
Figure 9: Dutch Commercial Construction Output by Activity Type (EUR Million), 2011-2020
Figure 10: Dutch Commercial Construction Value Add by Project Type (EUR Million), 2011-2020
Figure 11: Dutch Industrial Construction Output by Project Type (EUR Million), 2011-2020
Figure 12: Dutch Industrial Construction Output by Cost Type (EUR Million), 2011-2020
Figure 13: Dutch Industrial Construction Output by Activity Type (EUR Million), 2011-2020
Figure 14: Dutch Industrial Construction Value Add by Project Type (EUR Million), 2011-2020
Figure 15: Dutch Infrastructure Construction Output by Project Type (EUR Million), 2011-2020
Figure 16: Dutch Infrastructure Construction Output by Cost Type (EUR Million), 2011-2020
Figure 17: Dutch Infrastructure Construction Output by Activity Type (EUR Million), 2011-2020
Figure 18: Dutch Infrastructure Construction Value Add by Project Type (EUR Million), 2011-2020
Figure 19: Dutch Energy and Utilities Construction Output by Project Type (EUR Million), 2011-2020
Figure 20: Dutch Energy and Utilities Construction Output by Cost Type (EUR Million), 2011-2020
Figure 21: Dutch Energy and Utilities Construction Output by Activity Type (EUR Million), 2011-2020
Figure 22: Dutch Energy and Utilities Construction Value Add by Project Type (EUR Million), 2011-2020
Figure 23: Dutch Institutional Construction Output by Project Type (EUR Million), 2011-2020
Figure 24: Dutch Institutional Construction Output by Cost Type (EUR Million), 2011-2020
Figure 25: Dutch Institutional Construction Output by Activity Type (EUR Million), 2011-2020
Figure 26: Dutch Institutional Construction Value Add by Project Type (EUR Million), 2011-2020
Figure 27: Dutch Residential Construction Output by Project Type (EUR Million), 2011-2020
Figure 28: Dutch Residential Construction Output by Cost Type (EUR Million), 2011-2020
Figure 29: Dutch Residential Construction Output by Activity Type (EUR Million), 2011-2020
Figure 30: Dutch Residential Construction Value Add by Project Type (EUR Million), 2011-2020

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