Defining Skylines: Unleashing Opportunities in Qatar's Construction Market

0
3K

Embark on a construction odyssey in the heart of the Middle East. Qatar's Construction Market beckons with visionary projects, cutting-edge designs, and a commitment to excellence. Explore a landscape where tradition and modernity harmonize, shaping a skyline that mirrors the nation's ambition. Join the momentum of construction innovation – Qatar Construction Market, where every structure is a testament to progress, precision, and the limitless possibilities of tomorrow. 

Qatar Construction Market Outlook, 2022-2027 ($ Billion)

Buy the Full Report for More Insights into the Qatar Construction Market Forecast, Download a Free Sample Report

The Qatar construction market research report provides detailed market analysis, information, and insights into the Qatar construction industry, including the growth prospects of the industry by market, project type, and construction activity. The report also delivers critical insight into the impact of industry trends and issues, as well as an analysis of key risks and opportunities in the Qatar construction industry. It also provides an analysis of the mega-project pipeline, focusing on development stages and participants, in addition to listings of major projects in the pipeline. The market report discusses the sectors present within the construction market and provides an overview of each sector along with their driving factors.

Qatar Construction Market Segmentation by Sectors

Energy and utilities construction was the leading sector in the Qatar construction market in 2022.

The key sectors in the Qatar construction market are commercial construction, industrial construction, infrastructure construction, energy and utilities construction, institutional construction, and residential construction.

Energy and utilities construction: The energy and utilities construction sector growth during the projected period will be supported by public and private sector investments in renewable energy and oil and gas construction projects. The sector’s growth will also be supported by the government’s target to increase the share of renewable energy in the country’s total electricity mix to 20% by 2030.

Infrastructure construction: The infrastructure construction sector’s growth output is supported by investments in road, rail, and airport infrastructure projects. Among recent developments, Ashghal awarded a QAR189.3 million ($52 million) contract to the US-based engineering and construction group Parsons Corporation in August 2023, to provide conceptual, preliminary, and detailed design for roads and infrastructure projects within the capital Doha.

Commercial construction: The commercial construction sector growth is supported by rising tourist arrivals, coupled with investments in leisure, hospitality, and retail buildings. Forecast-period growth in the commercial sector will also be supported by investments in office, logistics, warehouse, and data center projects.

Residential construction: The residential construction sector in Qatar is expected to decline owing to subdued investor confidence in the sector, amid an oversupply of residential properties. However, the sector’s output is supported by the government’s goal of providing affordable housing to 50% of the population by 2030 through public and private investments.

Institutional construction: The institutional construction sector’s growth is supported by the government’s focus on the health and education sectors.

Industrial construction: The industrial construction sector is supported by increased domestic and foreign investment in petrochemical and manufacturing projects, coupled with investments in the country’s auto sector.

Sponsored
Laura Geller
Search
Sponsored
Laura Geller
Categories
Read More
Other
Unlocking Success in UPSC with RauIAS: A Treasure Trove of Science and Technology Notes
  In the competitive realm of UPSC examinations, where aspirants vie for a coveted spot in...
By RauIAS 2023-09-22 13:01:37 0 3K
Other
AWS Online Job Support
AWS Online Job Support providеs profеssionals with еxpеrt guidancе to tacklе tasks rеlatеd to...
By jobsupportzone 2024-12-06 08:04:50 0 795
Other
"Future of the Oxygen Therapy Equipment Market: Innovations and Strategic Forecast
Oxygen Therapy Equipment Market Research Report – Global Forecast till 2030...
By sonalipawar 2024-11-28 10:36:53 0 1K
News
Belt Clip Market Scope 2024-2032
Belt Clip Market provides in-depth analysis on the market status of Belt Clip manufacturers,...
By joya44 2025-01-23 07:47:18 0 392
Other
Revolutionizing Industries: Carbon Fiber Products in India by Bhor
Carbon fiber has become synonymous with innovation and high performance across industries...
By reenverma95 2025-03-24 11:29:59 0 11