Qatar Construction Market Growth, Size, Trends, Revenue, Share, Competition and Future Outlook
Qatar Construction Market Size- By Type- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
| Published: Feb-2024 | Report ID: COAM2404 | Pages: 1 - 103 | Formats*: |
| Category : Construction & Manufacturing | |||
Qatar Construction Market Introduction and Overview
According to SPER Market Research, the Qatar Construction Market is estimated to reach USD 139.65 billion by 2033 with a CAGR of 9.42%.
The report includes an in-depth analysis of the Qatar Construction Market, including market size and trends, product mix, distribution channels, and supplier analysis. All activities associated with the construction industry in Qatar are included in the construction market in Qatar. Buildings, roads, bridges, tunnels, airports, stadiums, and other infrastructure projects are all included in this. Many parties are involved in the market, including suppliers, government agencies, developers, architects, and engineers in addition to construction companies. The construction industry is crucial to Qatar's infrastructure development and modernization, which boosts the country's economy and raises citizens' standards of living.
- December 2022: With the approval of the German and Austrian competition authorities, Hydro completed the acquisition of Hueck. This creates a strong foundation for future growth in extrusion and building systems and helps Hydro to bolster its position in Germany and other European markets.
- November 2022: Henkel Polybit, the leading manufacturer of waterproofing and construction chemical products worldwide, and Tadmur Trading, a subsidiary of well-known construction and infrastructure solutions provider Tadmur Holding, recently announced a partnership. The two companies will collaborate to provide the state of Qatar's locally made goods, as well as Henkel Polybit's premium line of building chemicals, to the local market.
Market Opportunities and Challenges
Opportunities: There are many opportunities in the European construction market, which are driven by different factors. First, the demand for residential and commercial infrastructure is still being driven by the continent's continuous trends of urbanization and population growth. Green construction projects are becoming more and more viable due to the demand for energy-efficient and sustainable buildings, which is also encouraging innovation and environmentally friendly methods. Furthermore, a lot of European countries have aging infrastructure that requires extensive renovation and modernization efforts, which means that construction companies have no shortage of projects to work on. The market's potential is further enhanced by the European Union's emphasis on digitalization and smart cities, which encourages the incorporation of cutting-edge technologies into building procedures.
Challenges: Many challenges affect the growth and sustainability of the Qatari construction industry. Given Qatar's heavy reliance on hydrocarbon revenues, one major obstacle is the cyclical nature of the global oil and gas industry. Changes in oil prices can have an impact on the government's budget, which can then have an impact on spending on infrastructure. Another issue is the region's extreme heat and harsh climate, which can make construction projects logistically and operationally challenging. Furthermore, construction timelines may be pressed by the short lead times for significant events like Qatar's hosting of the FIFA World Cup in 2022, raising questions about quality and safety.
Market Competitive Landscape
The construction industry in Qatar is characterised by fragmentation, encompassing both domestic and regional players. HBK Contracting, Gulf Contracting, QD-SBG Construction, and AlJaber Engineering are a few of the major companies in the market. In the Qatari construction market, major and specialized companies have experienced growth and stability never before seen. The nation has invited international businesses to participate in a number of large-scale infrastructure projects.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2033 |
| Base year considered | 2022 |
| Forecast period | 2023-2033 |
| Segments covered | By Type, |
| Regions covered | Eastern Region, Western Region, Southern Region, Northern Region |
| Companies Covered | Al Ali Engineering Co. W.L.L, Al Balagh Trading and Contracting, Al Darwish Engineering Co., AL Huda Engineering Works, Al Jaber, Al Seal, Al Sraiya Holding Group, Alcat Contracting Company, ALEC Engineering and Contracting LLC, Aljaber Engineering LLC, Arabian Construction Company, Others |
COVID-19 Impact on Qatar Construction Market
The COVID-19 pandemic has brought about a number of difficulties and disruptions that have had a substantial effect on Qatar's construction industry. Widespread uncertainty during the pandemic's early stages resulted in lockdowns, supply chain disruptions, and labor shortages, which delayed ongoing construction projects. The construction industry's workflow and productivity were impacted by the limitations on business operations and movement. In addition, worries about financing large-scale infrastructure projects were raised by the pandemic's economic effects as well as variations in oil prices. Stricter health and safety regulations put in place to stop the virus's spread also caused project costs to rise and construction to slow down.
Key Target Audience:
- Construction Companies and Contractors
- Investors and Financiers
- Government and Regulatory Bodies
- Architects and Design Professionals
- Suppliers and Manufacturers
- Real Estate Developers
- Engineering and Project Management Firms
- Urban Planners and Development Agencies
Our in-depth analysis of the Qatar Construction Market includes the following segments:
| By Type: |
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| By Region: |
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Key Topics Covered in the Report:
- Qatar Construction Market Size (FY’2023-FY’2033)
- Overview of Qatar Construction Market
- Segmentation of Qatar Construction Market By Type (Commercial Construction, Residential Construction, Industrial Construction, Infrastructure Construction, Energy and Utilities Construction)
- Expansion Analysis of Qatar Construction Market
- Problems and Obstacles in Qatar Construction Market
- Competitive Landscape in the Qatar Construction Market
- Impact of COVID-19 and Demonetization on Qatar Construction Market
- Details on Current Investment in Qatar Construction Market
- Competitive Analysis of Qatar Construction Market
- Prominent Players in the Qatar Construction Market
- SWOT Analysis of Qatar Construction Market
- Qatar Construction Market Future Outlook and Projections (FY’2023-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1. Research data source2.1.1. Secondary Data2.1.2. Primary Data2.1.3. SPER’s internal database2.1.4. Premium insight from KOL’s2.2. Market size estimation2.2.1. Top-down and Bottom-up approach2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis4.1.1. Drivers4.1.2. Restraints4.1.3. Opportunities4.1.4. Challenges
4.2. COVID-19 Impacts of the Qatar Construction Market
5. Market variable and outlook
5.1. SWOT Analysis5.1.1. Strengths5.1.2. Weaknesses5.1.3. Opportunities5.1.4. Threats5.2. PESTEL Analysis5.2.1. Political Landscape5.2.2. Economic Landscape5.2.3. Social Landscape5.2.4. Technological Landscape5.2.5. Environmental Landscape5.2.6. Legal Landscape5.3. PORTER’s Five Forces5.3.1. Bargaining power of suppliers5.3.2. Bargaining power of buyers5.3.3. Threat of Substitute5.3.4. Threat of new entrant5.3.5. Competitive rivalry5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Qatar Construction Market Manufacturing Base Distribution, Sales Area, Product Type6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Qatar Construction Market
7. Qatar Construction Market, By Type (USD Million)
7.1. Qatar Construction Market Value Share and Forecast, By Type, 2023-20337.2. Commercial Construction7.3. Residential Construction7.4. Industrial Construction7.5. Infrastructure (Transportation) Construction7.6. Energy and Utilities Construction
8. Qatar Construction Market Forecast, 2019-2033 (USD Million)
8.1. Qatar Construction Market Size and Market Share
9. Qatar Construction Market, By Type, 2019-2033 (USD Million)
9.1. Qatar Construction Market Size and Market Share By Type (2019-2026)9.2. Qatar Construction Market Size and Market Share By Type (2027-2033)
10. Qatar Construction Market, By Region, 2019-2033 (USD Million)
10.1. Qatar Construction Market Size and Market Share By Region (2019-2026)10.2. Qatar Construction Market Size and Market Share By Region (2027-2033)10.3. Eastern Region10.4. Western Region10.5. Southern Region10.6. Northern Region
11. Company Profile
11.1. Al Ali Engineering Co. W.L.L11.1.1. Company details11.1.2. Financial outlook11.1.3. Product summary11.1.4. Recent developments11.2. Al Balagh Trading and Contracting11.2.1. Company details11.2.2. Financial outlook11.2.3. Product summary11.2.4. Recent developments11.3. Al Darwish Engineering Co.11.3.1. Company details11.3.2. Financial outlook11.3.3. Product summary11.3.4. Recent developments11.4. AL Huda Engineering Works11.4.1. Company details11.4.2. Financial outlook11.4.3. Product summary11.4.4. Recent developments11.5. Al Jaber11.5.1. Company details11.5.2. Financial outlook11.5.3. Product summary11.5.4. Recent developments11.6. Al Seal11.6.1. Company details11.6.2. Financial outlook11.6.3. Product summary11.6.4. Recent developments11.7. Al Sraiya Holding Group11.7.1. Company details11.7.2. Financial outlook11.7.3. Product summary11.7.4. Recent developments11.8. Alcat Contracting Company11.8.1. Company details11.8.2. Financial outlook11.8.3. Product summary11.8.4. Recent developments11.9. ALEC Engineering and Contracting LLC11.9.1. Company details11.9.2. Financial outlook11.9.3. Product summary11.9.4. Recent developments11.10. Aljaber Engineering LLC11.10.1. Company details11.10.2. Financial outlook11.10.3. Product summary11.10.4. Recent developments11.11. Arabian Construction Company11.11.1. Company details11.11.2. Financial outlook11.11.3. Product summary11.11.4. Recent developments11.12. Others
12. Reference Links
13. Conclusion
14. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
Qatar Construction Market is projected to reach USD 139.65 billion by 2033, growing at a CAGR of 9.42% during the forecast period.
Qatar Construction Market size from 2022. The Market is expected to reach USD 139.65 billion by 2033, at a CAGR of 9.42% during the forecast period.
Qatar Construction Market CAGR of 9.42% during the forecast period.
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Qatar Construction Market size is 139.65 billion from 2023 to 2033.
Qatar Construction Market Segment is covered By Product Type,
The Middle East is anticipated to have the highest market share in the Qatar Construction Market.
"The key players in the market include Companies Covered Al Ali Engineering Co. W.L.L, Al Balagh Trading and Contracting, Al Darwish Engineering Co., AL Huda Engineering Works, Al Jaber, Al Seal, Al Sraiya Holding Group, Alcat Contracting Company, ALEC Engineering and Contracting LLC, Aljaber Engineering LLC, Arabian Construction Company, Others."
Green construction projects are becoming more and more viable due to the demand for energy-efficient and sustainable buildings, which is also encouraging innovation and environmentally friendly methods.
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