Green marketing, regional regulations and educating staff were identified by respondents as key areas of sustainability practice to be implemented, or adhered to, going forward.
London – 24 November 2011 – Stringent global rail operation and safety regulations act as a driver for most rail industry buyers to integrate sustainability practices, such as the use of intelligent energy consumption and eco-innovative technologies. The key drivers of sustainability as identified by transport industry supplier respondents are ‘cost savings and operational efficiency’, ‘client demand’ and ‘strengthening competitive position’. Locomotives help to significantly reduce excessive fossil fuel emissions as well as significantly easing urban traffic congestion.
Rail industry buyer respondents plan to increase expenditure on ‘ETCS/ERTMS train control and safety systems’, ‘regenerative breaking systems’ and ‘noise, shock control and anti-vibration’ solutions
The need for fuel efficiency and safety systems is paramount within the transportation industry and is driven by rising fuel prices. Technologies such as European rail traffic management system (ERTMS), and communication based train control (CBTC) that automate train operations are increasing in demand.
The most important factors influencing supplier selection for rail industry buyers are ‘reduction of energy consumption’, ‘effective health and safety (EHS) management system’ and ‘certification and compliance with ISO 14001’, while that of road industry buyers are ‘effective health and safety (EHS) management system’, ‘reduction of energy consumption’ and ‘effective minimization of waste’. For example, in September 2011, SICK, a major provider of sensors, safety systems, machine vision, and automatic identification products for factory and logistics automation, introduced its collision avoidance system that works on proximity detection technology.
‘Email and newsletters’, ‘online portals’ and ‘conferences and events’ to dominate future investment
Media channels such as ‘email and newsletters’, ‘online portals’ and ‘conferences and events’ are considered to be important for transport industry suppliers to market green credentials to their existing and perspective clients. Green marketing allows companies to communicate with customers, and use the latest technology on a more frequent basis. The use of electronic communication reduces paper, printing and postage costs, providing a higher return on investment (ROI) and greater market reach, making business’ more sustainable.
To purchase the full version of the report, Sustainability in the Global Rail and Road Industry 2011–2012, please click here.
About Industry Review:
Industry Review is a collection of incisive, regularly updated market reports across 40+ industry sectors and 100+ countries.
We provide access to the latest data on global and local markets, key industries, top companies, M&A activity, new product launches and trends so you can make faster and better informed business decisions.
The reports in our store draw on robust primary and secondary research, proprietary databases, industry surveys and insightful analysis from our own expert teams and from carefully selected third-party publishers.
With access to over 400 in-house analysts and journalists, and a global media presence in over 30 industries, Industry Review delivers in-depth knowledge of local markets worldwide.
For more information, please visit our website at www.industryreview.com
For more information on the article, please contact:
Press Contact:
Shelly Wills
Tel: +44 (0) 20 7936 6671
shelly.wills@industryreview.com
Industry Review Report Store. Industry Review is a collection of incisive, regularly updated market reports across 40+ industry sectors and 100+ countries.
Thursday, 24 November 2011
Thursday, 10 November 2011
Argentine Packaging Industry Forecast Until 2015
Despite competition from Italian, Canadian and Russian packaging markets, Argentina has maintained its top global market position as the 13th largest packaging industry in the world.
London – 10 November 2011 – The industry recently experienced a period of steady growth due to developments in the country’s agriculture, food processing and retail sectors, and factors such as an above average growth rate in the retail industry, and a growing export market have encouraged FDI (foreign direct investment) in the market. ICD Research anticipates that further growth in the country’s organized retail sector will continue to drive Argentine packaging industry growth, despite factors such as inadequate recycling law.
During the review period (2006–10), the Argentine packaging industry registered a steady CAGR (compound annual growth rate) and throughout the forecast period the industry’s CAGR is expected to improve, to reach approximately US$5 billion in 2015. Key packaging end markets, such as the retail and processed food and drinks industries, have steadily increased throughout the review period, focusing on both domestic demand and export to global markets.
Growth in organized retail to drive packaging industry growth
In 2009, organized retail stores, such as hypermarkets, supermarkets and warehouse stores, accounted for approximately 30% of the country’s food and drinks market. Hypermarkets and supermarkets have begun to expand their presence in the country’s retail market through the purchase of smaller chains and the opening of new stores. Of total imported food and drink products, more than two-thirds are sold through large retail outlets, and the increased penetration of such retail forms coupled with higher sales volumes has enhanced demand for packaging materials in the country.
Domestic demand and proximity to Brazil and the US
Argentina, the second largest country in South America and the eighth largest country in the world, is known for its vast resources of arable and developed agro-industrial capacity. As a result, the country is one of the largest producers of vegetable oil, including soybean oil, sunflower oil and peanut oil, in the world. In addition, Argentina’s proximity to countries such as the US and Brazil provides a key export opportunity for Argentine products.
Packaging machinery demand largely driven by growth in agriculture and food processing industry
The Argentine packaging industry has evolved in accordance with the expansion of the country’s agriculture, food processing and retail sectors, and investment in technology, combined with the growth strategy adopted by large retail companies, will further stimulate the packaging machinery market throughout the course of the forecast period (2010–15). Large food processing companies and food exporters are the major and largest consumers of Argentine packaging machinery, and primarily rely on the import of packaging equipment in order to ensure technologically advanced equipment to package their products. Other sectors such as household consumer goods and cosmetics continue to follow the trend set by food processing companies.
Argentine recycling law remains unapproved by government
The lack of implementation of waste management and recycling law remains a major challenge for the Argentine government. Despite the existence of the National Packaging Law since 2005, in 2009 the law, which consists of environmental legislation and recycling initiatives, was yet to be debated in Congress. The bill was drafted with the participation of the government and industry representatives and focuses on the reduction of solid waste and toxins in the environment.
Throughout the world countries are currently attempting to implement and improve waste management and recycling law, and any further delay in the implementation of such law in Argentina may have a negative impact on the growth of the country’s packaging industry.
Market concentration
Argentina’s packaging industry is diversified and competitive, and the landscape of the industry varies depending on the specific industry category. The paper and board and rigid plastic packaging categories are moderately consolidated with between five and ten companies commanding more than 50% of total market share. The flexible plastic category is less fragmented and is dominated a small number of large manufacturing companies, and glass packaging is highly concentrated, with only five large companies commanding of the majority of the market share.
To purchase the full version of ‘The Argentine Packaging Industry – Market Opportunities and Entry Strategies, Analyses and Forecasts to 2015’, please click here.
About Industry Review:
Industry Review is a collection of incisive, regularly updated market reports across 40+ industry sectors and 100+ countries.
We provide access to the latest data on global and local markets, key industries, top companies, M&A activity, new product launches and trends so you can make faster and better informed business decisions.
The reports in our store draw on robust primary and secondary research, proprietary databases, industry surveys and insightful analysis from our own expert teams and from carefully selected third-party publishers.
With access to over 400 in-house analysts and journalists, and a global media presence in over 30 industries, Industry Review delivers in-depth knowledge of local markets worldwide.
For more information, please visit our website at www.industryreview.com
For more information on the article, please contact:
Press Contact:
Shelly Wills
Tel: +44 (0) 20 7936 6671
shelly.wills@industryreview.com
London – 10 November 2011 – The industry recently experienced a period of steady growth due to developments in the country’s agriculture, food processing and retail sectors, and factors such as an above average growth rate in the retail industry, and a growing export market have encouraged FDI (foreign direct investment) in the market. ICD Research anticipates that further growth in the country’s organized retail sector will continue to drive Argentine packaging industry growth, despite factors such as inadequate recycling law.
During the review period (2006–10), the Argentine packaging industry registered a steady CAGR (compound annual growth rate) and throughout the forecast period the industry’s CAGR is expected to improve, to reach approximately US$5 billion in 2015. Key packaging end markets, such as the retail and processed food and drinks industries, have steadily increased throughout the review period, focusing on both domestic demand and export to global markets.
Growth in organized retail to drive packaging industry growth
In 2009, organized retail stores, such as hypermarkets, supermarkets and warehouse stores, accounted for approximately 30% of the country’s food and drinks market. Hypermarkets and supermarkets have begun to expand their presence in the country’s retail market through the purchase of smaller chains and the opening of new stores. Of total imported food and drink products, more than two-thirds are sold through large retail outlets, and the increased penetration of such retail forms coupled with higher sales volumes has enhanced demand for packaging materials in the country.
Domestic demand and proximity to Brazil and the US
Argentina, the second largest country in South America and the eighth largest country in the world, is known for its vast resources of arable and developed agro-industrial capacity. As a result, the country is one of the largest producers of vegetable oil, including soybean oil, sunflower oil and peanut oil, in the world. In addition, Argentina’s proximity to countries such as the US and Brazil provides a key export opportunity for Argentine products.
Packaging machinery demand largely driven by growth in agriculture and food processing industry
The Argentine packaging industry has evolved in accordance with the expansion of the country’s agriculture, food processing and retail sectors, and investment in technology, combined with the growth strategy adopted by large retail companies, will further stimulate the packaging machinery market throughout the course of the forecast period (2010–15). Large food processing companies and food exporters are the major and largest consumers of Argentine packaging machinery, and primarily rely on the import of packaging equipment in order to ensure technologically advanced equipment to package their products. Other sectors such as household consumer goods and cosmetics continue to follow the trend set by food processing companies.
Argentine recycling law remains unapproved by government
The lack of implementation of waste management and recycling law remains a major challenge for the Argentine government. Despite the existence of the National Packaging Law since 2005, in 2009 the law, which consists of environmental legislation and recycling initiatives, was yet to be debated in Congress. The bill was drafted with the participation of the government and industry representatives and focuses on the reduction of solid waste and toxins in the environment.
Throughout the world countries are currently attempting to implement and improve waste management and recycling law, and any further delay in the implementation of such law in Argentina may have a negative impact on the growth of the country’s packaging industry.
Market concentration
Argentina’s packaging industry is diversified and competitive, and the landscape of the industry varies depending on the specific industry category. The paper and board and rigid plastic packaging categories are moderately consolidated with between five and ten companies commanding more than 50% of total market share. The flexible plastic category is less fragmented and is dominated a small number of large manufacturing companies, and glass packaging is highly concentrated, with only five large companies commanding of the majority of the market share.
To purchase the full version of ‘The Argentine Packaging Industry – Market Opportunities and Entry Strategies, Analyses and Forecasts to 2015’, please click here.
About Industry Review:
Industry Review is a collection of incisive, regularly updated market reports across 40+ industry sectors and 100+ countries.
We provide access to the latest data on global and local markets, key industries, top companies, M&A activity, new product launches and trends so you can make faster and better informed business decisions.
The reports in our store draw on robust primary and secondary research, proprietary databases, industry surveys and insightful analysis from our own expert teams and from carefully selected third-party publishers.
With access to over 400 in-house analysts and journalists, and a global media presence in over 30 industries, Industry Review delivers in-depth knowledge of local markets worldwide.
For more information, please visit our website at www.industryreview.com
For more information on the article, please contact:
Press Contact:
Shelly Wills
Tel: +44 (0) 20 7936 6671
shelly.wills@industryreview.com
Friday, 4 November 2011
The Global Unmanned Aerial Vehicles (UAV) Market 2009-2019
Unmanned aerial vehicles (UAVs) are widely viewed as a critical component of the defence strategies of the future. Although technological advances are broadening their functional capabilities, restrictions on government spending may slow their development and deployment.
London – November 4, 2011 – Following their successful deployment in combat operations in Iraq and Afghanistan, UAVs are widely seen as the next generation of aerial platforms to be deployed by defence ministries around the world. These unmanned platforms are used as force multipliers, performing intelligence, surveillance and reconnaissance (ISR) missions, target recognition, damage assessment and electronic warfare. Defence ministries around the world are investing in them to reduce troop casualties and capital expenditure, and to replace some older, obsolete manned aircraft. Specifically, mini and VTOL UAVs are affordable and capable of performing intelligence, surveillance and reconnaissance (ISR) missions, and demand for these cost-effective UAVs is rising in countries with low spending power. According to a detailed marketed study by IDC Research, the global market for UAVs in 2011 is estimated at just over US$7 billion, and is expected to grow at a CAGR of 4.08% to reach in excess of US$10 billion by 2021.
The US to continue to dominate UAV expenditure
Demand for UAVs is expected to be driven by both internal and external security threats, territorial disputes and defence modernization initiatives. Cumulatively, the market for UAVs during the 2011–2021 forecast period is expected to value in excess of US$90 billion. Significant UAV spenders include countries in the North American and European regions, with the global UAV market likely to be dominated by the US. Europe’s share of the global UAV market is projected to increase, largely due to the efforts of various European countries to enhance their UAV capabilities. Asia-Pacific is also expected to invest considerably in UAVs, primarily due to a tense security environment within the region.
Medium-altitude, long-endurance (MALE) UAVs are likely to account for the highest proportion of spending in the global UAV market, largely due to their superior ISR capabilities. The next two most popular UAV categories are expected to be high-altitude, long-endurance (HALE) and tactical UAVs (TUAV).
Demand for advanced-technology UAVs forecast to rise
In order to increase the capabilities of modern UAVs, the global defence industry is investing significantly in research and development, which has led to the development of technologies to enhance the endurance and survivability of UAVs. Demand for solar-powered UAVs has increased as they offer improved endurance and reduced maintenance costs; solar-powered UAVs are able to remain airborne for longer, making them better suited to provide high-quality surveillance data over wide areas.
Another area of interest for manufacturers is improving overall UAV survivability. Defence equipment manufacturers are, therefore, looking to develop UAVs capable of operating in high-risk areas such as battlefields, urban canyons or dense forests. UAVs’ roles are also evolving from deployment on ISR missions to a wide range of capabilities such as electronic attack (EA), strike missions, suppression/destruction of enemy air defences (SEAD/DEAD), network nodes, communications relays, and combat search and rescue (CSAR).
Acquisitions and joint research and development programs to increase
The global economic slowdown has reduced military expenditure worldwide, as a consequence of which a significant number of countries are establishing joint projects in order to share R&D costs. Partnerships between defence firms have also increased, as a significant number of countries are investing in the development of their domestic UAV industries by establishing strategic alliances and technology-transfer agreements with global UAV manufacturers.
The global UAV industry is highly fragmented, due to the presence of a large number of established manufacturers and a significant number of small and medium-scale enterprises. Many of these established firms are, however, expected to acquire smaller UAV manufacturers with niche capabilities in order to enhance their own technological capabilities and broaden their product portfolios. In 2011, for instance, Selex Galileo, a part of Italy-based Finmeccanica, acquired the Unmanned Technology Research Institute (UTRI), an Italian developer of mini UAVs for defence and homeland security.
Defence budget cuts and high accident rates impede the growth of the global UAV industry
Cuts in military expenditure worldwide have led to the cancellation or indefinite delay of various UAV projects, and are having a detrimental impact on the growth of the UAV industry. For example, in 2010 the US Army indefinitely postponed the upgrade of its Shadow RQ-7B aircraft to the new RQ-7C model in order to reduce costs. The French government may also scrap the Talarion UAV development project to save development costs.
To purchase the full version of The Global Unmanned Aerial Vehicle Market 2011–2021, please click here.
About Industry Review:
Industry Review is a collection of incisive, regularly updated market reports across 40+ industry sectors and 100+ countries.
We provide access to the latest data on global and local markets, key industries, top companies, M&A activity, new product launches and trends so you can make faster and better informed business decisions.
The reports in our store draw on robust primary and secondary research, proprietary databases, industry surveys and insightful analysis from our own expert teams and from carefully selected third-party publishers.
With access to over 400 in-house analysts and journalists, and a global media presence in over 30 industries, Industry Review delivers in-depth knowledge of local markets worldwide.
For more information, please visit our website at www.industryreview.com
For more information on the article, please contact:
Shelly Wills
Marketing Manager
Tel: +44 (0) 20 7936 6671
shelly.wills@industryreview.com
London – November 4, 2011 – Following their successful deployment in combat operations in Iraq and Afghanistan, UAVs are widely seen as the next generation of aerial platforms to be deployed by defence ministries around the world. These unmanned platforms are used as force multipliers, performing intelligence, surveillance and reconnaissance (ISR) missions, target recognition, damage assessment and electronic warfare. Defence ministries around the world are investing in them to reduce troop casualties and capital expenditure, and to replace some older, obsolete manned aircraft. Specifically, mini and VTOL UAVs are affordable and capable of performing intelligence, surveillance and reconnaissance (ISR) missions, and demand for these cost-effective UAVs is rising in countries with low spending power. According to a detailed marketed study by IDC Research, the global market for UAVs in 2011 is estimated at just over US$7 billion, and is expected to grow at a CAGR of 4.08% to reach in excess of US$10 billion by 2021.
The US to continue to dominate UAV expenditure
Demand for UAVs is expected to be driven by both internal and external security threats, territorial disputes and defence modernization initiatives. Cumulatively, the market for UAVs during the 2011–2021 forecast period is expected to value in excess of US$90 billion. Significant UAV spenders include countries in the North American and European regions, with the global UAV market likely to be dominated by the US. Europe’s share of the global UAV market is projected to increase, largely due to the efforts of various European countries to enhance their UAV capabilities. Asia-Pacific is also expected to invest considerably in UAVs, primarily due to a tense security environment within the region.
Medium-altitude, long-endurance (MALE) UAVs are likely to account for the highest proportion of spending in the global UAV market, largely due to their superior ISR capabilities. The next two most popular UAV categories are expected to be high-altitude, long-endurance (HALE) and tactical UAVs (TUAV).
Demand for advanced-technology UAVs forecast to rise
In order to increase the capabilities of modern UAVs, the global defence industry is investing significantly in research and development, which has led to the development of technologies to enhance the endurance and survivability of UAVs. Demand for solar-powered UAVs has increased as they offer improved endurance and reduced maintenance costs; solar-powered UAVs are able to remain airborne for longer, making them better suited to provide high-quality surveillance data over wide areas.
Another area of interest for manufacturers is improving overall UAV survivability. Defence equipment manufacturers are, therefore, looking to develop UAVs capable of operating in high-risk areas such as battlefields, urban canyons or dense forests. UAVs’ roles are also evolving from deployment on ISR missions to a wide range of capabilities such as electronic attack (EA), strike missions, suppression/destruction of enemy air defences (SEAD/DEAD), network nodes, communications relays, and combat search and rescue (CSAR).
Acquisitions and joint research and development programs to increase
The global economic slowdown has reduced military expenditure worldwide, as a consequence of which a significant number of countries are establishing joint projects in order to share R&D costs. Partnerships between defence firms have also increased, as a significant number of countries are investing in the development of their domestic UAV industries by establishing strategic alliances and technology-transfer agreements with global UAV manufacturers.
The global UAV industry is highly fragmented, due to the presence of a large number of established manufacturers and a significant number of small and medium-scale enterprises. Many of these established firms are, however, expected to acquire smaller UAV manufacturers with niche capabilities in order to enhance their own technological capabilities and broaden their product portfolios. In 2011, for instance, Selex Galileo, a part of Italy-based Finmeccanica, acquired the Unmanned Technology Research Institute (UTRI), an Italian developer of mini UAVs for defence and homeland security.
Defence budget cuts and high accident rates impede the growth of the global UAV industry
Cuts in military expenditure worldwide have led to the cancellation or indefinite delay of various UAV projects, and are having a detrimental impact on the growth of the UAV industry. For example, in 2010 the US Army indefinitely postponed the upgrade of its Shadow RQ-7B aircraft to the new RQ-7C model in order to reduce costs. The French government may also scrap the Talarion UAV development project to save development costs.
To purchase the full version of The Global Unmanned Aerial Vehicle Market 2011–2021, please click here.
About Industry Review:
Industry Review is a collection of incisive, regularly updated market reports across 40+ industry sectors and 100+ countries.
We provide access to the latest data on global and local markets, key industries, top companies, M&A activity, new product launches and trends so you can make faster and better informed business decisions.
The reports in our store draw on robust primary and secondary research, proprietary databases, industry surveys and insightful analysis from our own expert teams and from carefully selected third-party publishers.
With access to over 400 in-house analysts and journalists, and a global media presence in over 30 industries, Industry Review delivers in-depth knowledge of local markets worldwide.
For more information, please visit our website at www.industryreview.com
For more information on the article, please contact:
Shelly Wills
Marketing Manager
Tel: +44 (0) 20 7936 6671
shelly.wills@industryreview.com
Friday, 28 October 2011
The Future of the Construction Equipment Market in Australia to 2015
Over the 2005–09 review period, the turnover of the Australian construction equipment market shrank by -0.32%, largely due to in the global economic crisis that took place during 2008–09. However, the market is expected to improve throughout the forecast period as a result of better economic conditions and the expected recovery of the Australian construction industry.
London – October 28, 2011 – The Australian construction equipment industry consists of hundreds of firms, ranging from small businesses to some of the world’s largest multinational corporations, including Caterpillar Australia Pty Ltd., Komatsu Australia Pty Ltd., CNH Australia Pty Ltd., Chamberlain Holdings Ltd., and AGCO Australia Ltd. Furthermore, over 150 companies deal with imports and exports of construction equipment in the country.
Supported by a boom in construction activity across the country, the construction equipment market enjoyed strong revenue growth during 2005–07. A high level of investment in the industrial sector drove the growth of the equipment and machinery markets, while a sharp rise in income, employment and company earnings encouraged the growth of the commercial, office and industrial construction markets. However, market conditions weakened following the financial crisis due to a dramatic decline in the non-residential construction market.
The material handling equipment category was the industry’s largest category in 2009, and is forecast to register substantial growth over the 2010–15 forecast period. The earth-moving equipment category was the second largest, followed by tunneling and drilling equipment, concrete equipment, road construction equipment and construction vehicles.
Australia’s Construction Industry
The Australian construction industry consists of 320,000 enterprises, which employed nearly 10% of the national workforce at the end of 2008. However, Australia is currently experiencing a shortage of skilled workers, which has led to further delays in Australian construction projects.
The global financial crisis slowed the expansion of the Australian construction industry in 2009, largely due to shortages of labor and capital, and high construction costs. This has led to the postponement or cancellation of tenders and, in some cases, canceled planned project developments. However, despite the global financial slowdown, Australia has avoided recession and one of the major factors behind this was the resilience of the labor market.
Government Economic Stimulus Packages to Drive Australian Construction
In February 2009, the Australian government announced an economic stimulus package, of which a substantial amount was allocated to infrastructure construction, with the majority invested in social projects, including schools and public housing.
In 2009, the Australian government began to encourage the nationwide construction of greener homes and offices, and created the Green Building Fund to reduce the amount of energy consumed by existing commercial buildings. Substantial financial aid was also allocated to research institutions that study ways to reduce carbon emissions, and also for the renovation of existing buildings and infrastructure improvement.
Australia’s Construction Equipment Industry Set to Recover
There are more than 400 construction projects worth US$284.7 billion announced or scheduled for completion in the next five years. As a result, the construction equipment industry’s turnover is set to grow by nearly 10% over the forecast period. During this time, the consumption, export and import of construction equipment are also expected to improve.
To purchase the full version of the “The Future of the Construction Equipment Market in Australia to 2015” report, please click here.
About Industry Review:
Industry Review is a collection of incisive, regularly updated market reports across 40+ industry sectors and 100+ countries.
We provide access to the latest data on global and local markets, key industries, top companies, M&A activity, new product launches and trends so you can make faster and better informed business decisions.
The reports in our store draw on robust primary and secondary research, proprietary databases, industry surveys and insightful analysis from our own expert teams and from carefully selected third-party publishers.
With access to over 400 in-house analysts and journalists, and a global media presence in over 30 industries, Industry Review delivers in-depth knowledge of local markets worldwide.
For more information, please visit our website at www.industryreview.com
For more information on the article, please contact:
Shelly Wills
Tel: +44 (0) 20 7936 6671
shelly.wills@industryreview.com
London – October 28, 2011 – The Australian construction equipment industry consists of hundreds of firms, ranging from small businesses to some of the world’s largest multinational corporations, including Caterpillar Australia Pty Ltd., Komatsu Australia Pty Ltd., CNH Australia Pty Ltd., Chamberlain Holdings Ltd., and AGCO Australia Ltd. Furthermore, over 150 companies deal with imports and exports of construction equipment in the country.
Supported by a boom in construction activity across the country, the construction equipment market enjoyed strong revenue growth during 2005–07. A high level of investment in the industrial sector drove the growth of the equipment and machinery markets, while a sharp rise in income, employment and company earnings encouraged the growth of the commercial, office and industrial construction markets. However, market conditions weakened following the financial crisis due to a dramatic decline in the non-residential construction market.
The material handling equipment category was the industry’s largest category in 2009, and is forecast to register substantial growth over the 2010–15 forecast period. The earth-moving equipment category was the second largest, followed by tunneling and drilling equipment, concrete equipment, road construction equipment and construction vehicles.
Australia’s Construction Industry
The Australian construction industry consists of 320,000 enterprises, which employed nearly 10% of the national workforce at the end of 2008. However, Australia is currently experiencing a shortage of skilled workers, which has led to further delays in Australian construction projects.
The global financial crisis slowed the expansion of the Australian construction industry in 2009, largely due to shortages of labor and capital, and high construction costs. This has led to the postponement or cancellation of tenders and, in some cases, canceled planned project developments. However, despite the global financial slowdown, Australia has avoided recession and one of the major factors behind this was the resilience of the labor market.
Government Economic Stimulus Packages to Drive Australian Construction
In February 2009, the Australian government announced an economic stimulus package, of which a substantial amount was allocated to infrastructure construction, with the majority invested in social projects, including schools and public housing.
In 2009, the Australian government began to encourage the nationwide construction of greener homes and offices, and created the Green Building Fund to reduce the amount of energy consumed by existing commercial buildings. Substantial financial aid was also allocated to research institutions that study ways to reduce carbon emissions, and also for the renovation of existing buildings and infrastructure improvement.
Australia’s Construction Equipment Industry Set to Recover
There are more than 400 construction projects worth US$284.7 billion announced or scheduled for completion in the next five years. As a result, the construction equipment industry’s turnover is set to grow by nearly 10% over the forecast period. During this time, the consumption, export and import of construction equipment are also expected to improve.
To purchase the full version of the “The Future of the Construction Equipment Market in Australia to 2015” report, please click here.
About Industry Review:Industry Review is a collection of incisive, regularly updated market reports across 40+ industry sectors and 100+ countries.
We provide access to the latest data on global and local markets, key industries, top companies, M&A activity, new product launches and trends so you can make faster and better informed business decisions.
The reports in our store draw on robust primary and secondary research, proprietary databases, industry surveys and insightful analysis from our own expert teams and from carefully selected third-party publishers.
With access to over 400 in-house analysts and journalists, and a global media presence in over 30 industries, Industry Review delivers in-depth knowledge of local markets worldwide.
For more information, please visit our website at www.industryreview.com
For more information on the article, please contact:
Shelly Wills
Tel: +44 (0) 20 7936 6671
shelly.wills@industryreview.com
Thursday, 27 October 2011
The Future of Interior Products in the UK to 2015
The interior products industry in the UK is recovering slowly from the recession, and while the UK housing market remains relatively sluggish, much of the industry’s revenues are coming from smaller home renovation and makeover projects.
London – 27 October 2011 - Specialized interior design firms catering to the residential markets are growing, but the outlook for contract design firms in the commercial and government sectors is still worrying. Since the global financial crisis, both government and private-sector spending in the UK have been exceptionally weak, with significant spending cuts being made on public-sector expenditure, adversely impacting the interior products industry.
Mixed Results for UK Interior Products Over the Review Period
During the review period, the interior products industry registered mixed revenues and profitability trends; while 2007 saw a growth in revenues, 2008 and 2009 saw significant declines. With the impact of the recession, products such as furniture, home furnishing, fabrics and flooring saw large declines in revenues and profitability, with products closely related to new housing activities such as furniture, lighting and home décor most affected. However, kitchen-related product sub-categories such as kitchenware and tableware registered much less severe revenue declines than other segments.
Interior Products and the Construction Industry
The fortunes of the interior products industry are closely linked to those of the construction industry in the UK. During the review period, the financial condition of the UK construction industry deteriorated sharply, with very few people investing in new homes. Sales of products such as furniture, furnishings, flooring and bedroom items fell significantly as a result. However, expenditure on bathroom and kitchen products were less affected, as people invested in bathroom and kitchen maintenance and renovations instead of moving house — a trend that is expected to continue.
Opportunities for the Interior Products Industry
Significant opportunities for the interior products industry are expected in the emerging segments of eco-friendly products and green building design, which have led to much-needed innovation in house building and the renovation of old buildings. The substantial construction work taking place in the Greater London area for the upcoming 2012 Olympic Games has brought some major investments into the region. With the related boom in the tourism and hospitality sectors, the interior products market is expected to improve over the forecast period, albeit slowly.
To purchase the full version of ‘The Future of Interior Products in the UK to 2015’ report, please click here.
About Industry Review:
Industry Review is a collection of incisive, regularly updated market reports across 40+ industry sectors and 100+ countries.
We provide access to the latest data on global and local markets, key industries, top companies, M&A activity, new product launches and trends so you can make faster and better informed business decisions.
The reports in our store draw on robust primary and secondary research, proprietary databases, industry surveys and insightful analysis from our own expert teams and from carefully selected third-party publishers.
With access to over 400 in-house analysts and journalists, and a global media presence in over 30 industries, Industry Review delivers in-depth knowledge of local markets worldwide.
For more information, please visit our website at www.industryreview.com
For more information on the article, please contact:
Shelly Wills
Tel: +44 (0) 20 7936 6671
shelly.wills@industryreview.com
London – 27 October 2011 - Specialized interior design firms catering to the residential markets are growing, but the outlook for contract design firms in the commercial and government sectors is still worrying. Since the global financial crisis, both government and private-sector spending in the UK have been exceptionally weak, with significant spending cuts being made on public-sector expenditure, adversely impacting the interior products industry.
Mixed Results for UK Interior Products Over the Review Period
During the review period, the interior products industry registered mixed revenues and profitability trends; while 2007 saw a growth in revenues, 2008 and 2009 saw significant declines. With the impact of the recession, products such as furniture, home furnishing, fabrics and flooring saw large declines in revenues and profitability, with products closely related to new housing activities such as furniture, lighting and home décor most affected. However, kitchen-related product sub-categories such as kitchenware and tableware registered much less severe revenue declines than other segments.
Interior Products and the Construction Industry
The fortunes of the interior products industry are closely linked to those of the construction industry in the UK. During the review period, the financial condition of the UK construction industry deteriorated sharply, with very few people investing in new homes. Sales of products such as furniture, furnishings, flooring and bedroom items fell significantly as a result. However, expenditure on bathroom and kitchen products were less affected, as people invested in bathroom and kitchen maintenance and renovations instead of moving house — a trend that is expected to continue.
Opportunities for the Interior Products Industry
Significant opportunities for the interior products industry are expected in the emerging segments of eco-friendly products and green building design, which have led to much-needed innovation in house building and the renovation of old buildings. The substantial construction work taking place in the Greater London area for the upcoming 2012 Olympic Games has brought some major investments into the region. With the related boom in the tourism and hospitality sectors, the interior products market is expected to improve over the forecast period, albeit slowly.
To purchase the full version of ‘The Future of Interior Products in the UK to 2015’ report, please click here.
About Industry Review:
Industry Review is a collection of incisive, regularly updated market reports across 40+ industry sectors and 100+ countries.
We provide access to the latest data on global and local markets, key industries, top companies, M&A activity, new product launches and trends so you can make faster and better informed business decisions.
The reports in our store draw on robust primary and secondary research, proprietary databases, industry surveys and insightful analysis from our own expert teams and from carefully selected third-party publishers.
With access to over 400 in-house analysts and journalists, and a global media presence in over 30 industries, Industry Review delivers in-depth knowledge of local markets worldwide.
For more information, please visit our website at www.industryreview.com
For more information on the article, please contact:
Shelly Wills
Tel: +44 (0) 20 7936 6671
shelly.wills@industryreview.com
Wednesday, 26 October 2011
The Swedish Defence Industry Forecast Until 2015
Despite a marginal increase in the Sweden’s total defense budget, military expenditure as a percentage of GDP is predicted to decrease, as the country’s defense expenditure is not expected to grow at the same pace as the Swedish economy.
London – October 26, 2011 – Swedish defence expenditure is expected to be influenced by tensions with Russia, the procurement of new defense systems and the country’s participation in international peacekeeping missions. Sweden is the fifth largest country in Europe, and throughout 2010–15, is expected to invest US$32.5 billion in strengthening its armed forces.
Military expenditure as a percentage of GDP expected to decline
On average, Sweden allocated 1.4% of its GDP (gross domestic product) for defense expenditure during the review period (2005–09). However, military expenditure as a percentage of GDP is expected to decrease during the forecast period (2010–15), as the country’s annual GDP growth rate is higher than the predicted growth rate of the Swedish defense budget.
Due to a strained external relationship with Russia, internal security threats, and the deployment of troops in overseas peacekeeping missions, the country is expected to focus on the procurement of land defense systems, advanced defense communication systems and sophisticated air defense systems.
In addition, the country’s homeland security expenditure is expected to increase during the forecast period, primarily due to a rise in organized crime and the threat from global terrorist organizations such as al-Qaeda.
Sweden is tenth largest global arms exporter
Despite the economic crisis and the resultant decline in the country’s defense imports and exports in 2009, Sweden emerged as the tenth largest global exporter of arms during the review period. During the same period, the US emerged as the largest arms supplier to the country followed by Canada and Italy; however Germany was the largest supplier of defense equipment to Sweden in 2009 alone. Missiles accounted for the majority of the country’s defense imports during the review period.
As a result of Sweden’s highly developed domestic defense industry, the country emerged as a leading arms supplier in the global defense market. The country’s defense industry is a key exporter of aircraft, and during the review period European countries emerged as the largest consumers of Swedish defense goods. However, the majority of European countries are currently reducing defense budgets and therefore the country is attempting to diversify arms exports to Asian and African markets.
Stringent offset policy
Despite possessing a well-developed domestic defense industry, the Swedish government encourages defense offsets in order to establish long-term cooperation between Sweden and foreign defense industries. The Swedish defense offset policy, which has been in practice since 1983, is a requirement for all defense procurements exceeding US$13.9 million. Foreign suppliers are obliged to invest 100% of the contract value into the country’s defense industry, which provides Sweden with an opportunity to gain access to advanced defense technology, and provides the country with employment opportunities.
Preferred market entry routes
In order to establish long-term relationships with foreign defense firms, the government encourages foreign investors to enter the Swedish defense industry through either the acquisition of a domestic defense company, or via collaboration on a joint research and development program.
Key challenges include project delays and preference for direct sales
In 2015, the country’s total defense expenditure is expected to be less than that recorded in 2008, and already the reduction has led to both project delays and cancellations. In addition, Sweden plans to reduce costs through the procurement of reasonably priced foreign defense equipment, a factor which restricts the growth of small and medium sized Swedish defense companies.
To purchase the full version of ‘The Swedish Defense Industry – Market Opportunities and Entry Strategies, Analyses and Forecasts to 2015’, please click here.
About Industry Review:
Industry Review is a collection of incisive, regularly updated market reports across 40+ industry sectors and 100+ countries.
We provide access to the latest data on global and local markets, key industries, top companies, M&A activity, new product launches and trends so you can make faster and better informed business decisions.
The reports in our store draw on robust primary and secondary research, proprietary databases, industry surveys and insightful analysis from our own expert teams and from carefully selected third-party publishers.
With access to over 400 in-house analysts and journalists, and a global media presence in over 30 industries, Industry Review delivers in-depth knowledge of local markets worldwide.
For more information, please visit our website at www.industryreview.com
For more information on the article, please contact:
Shelly Wills
Tel: +44 (0) 20 7936 6671
shelly.wills@industryreview.com
London – October 26, 2011 – Swedish defence expenditure is expected to be influenced by tensions with Russia, the procurement of new defense systems and the country’s participation in international peacekeeping missions. Sweden is the fifth largest country in Europe, and throughout 2010–15, is expected to invest US$32.5 billion in strengthening its armed forces.
Military expenditure as a percentage of GDP expected to decline
On average, Sweden allocated 1.4% of its GDP (gross domestic product) for defense expenditure during the review period (2005–09). However, military expenditure as a percentage of GDP is expected to decrease during the forecast period (2010–15), as the country’s annual GDP growth rate is higher than the predicted growth rate of the Swedish defense budget.
Due to a strained external relationship with Russia, internal security threats, and the deployment of troops in overseas peacekeeping missions, the country is expected to focus on the procurement of land defense systems, advanced defense communication systems and sophisticated air defense systems.
In addition, the country’s homeland security expenditure is expected to increase during the forecast period, primarily due to a rise in organized crime and the threat from global terrorist organizations such as al-Qaeda.
Sweden is tenth largest global arms exporter
Despite the economic crisis and the resultant decline in the country’s defense imports and exports in 2009, Sweden emerged as the tenth largest global exporter of arms during the review period. During the same period, the US emerged as the largest arms supplier to the country followed by Canada and Italy; however Germany was the largest supplier of defense equipment to Sweden in 2009 alone. Missiles accounted for the majority of the country’s defense imports during the review period.
As a result of Sweden’s highly developed domestic defense industry, the country emerged as a leading arms supplier in the global defense market. The country’s defense industry is a key exporter of aircraft, and during the review period European countries emerged as the largest consumers of Swedish defense goods. However, the majority of European countries are currently reducing defense budgets and therefore the country is attempting to diversify arms exports to Asian and African markets.
Stringent offset policy
Despite possessing a well-developed domestic defense industry, the Swedish government encourages defense offsets in order to establish long-term cooperation between Sweden and foreign defense industries. The Swedish defense offset policy, which has been in practice since 1983, is a requirement for all defense procurements exceeding US$13.9 million. Foreign suppliers are obliged to invest 100% of the contract value into the country’s defense industry, which provides Sweden with an opportunity to gain access to advanced defense technology, and provides the country with employment opportunities.
Preferred market entry routes
In order to establish long-term relationships with foreign defense firms, the government encourages foreign investors to enter the Swedish defense industry through either the acquisition of a domestic defense company, or via collaboration on a joint research and development program.
Key challenges include project delays and preference for direct sales
In 2015, the country’s total defense expenditure is expected to be less than that recorded in 2008, and already the reduction has led to both project delays and cancellations. In addition, Sweden plans to reduce costs through the procurement of reasonably priced foreign defense equipment, a factor which restricts the growth of small and medium sized Swedish defense companies.
To purchase the full version of ‘The Swedish Defense Industry – Market Opportunities and Entry Strategies, Analyses and Forecasts to 2015’, please click here.
About Industry Review:
Industry Review is a collection of incisive, regularly updated market reports across 40+ industry sectors and 100+ countries.
We provide access to the latest data on global and local markets, key industries, top companies, M&A activity, new product launches and trends so you can make faster and better informed business decisions.
The reports in our store draw on robust primary and secondary research, proprietary databases, industry surveys and insightful analysis from our own expert teams and from carefully selected third-party publishers.
With access to over 400 in-house analysts and journalists, and a global media presence in over 30 industries, Industry Review delivers in-depth knowledge of local markets worldwide.
For more information, please visit our website at www.industryreview.com
For more information on the article, please contact:
Shelly Wills
Tel: +44 (0) 20 7936 6671
shelly.wills@industryreview.com
Tuesday, 25 October 2011
The Future of Global Construction Aggregates
Despite a fall in demand during the world economic crisis, the consumption of global construction aggregates increased during the review period (2006–10), largely due to the positive performance of rapidly-developing regions. While South America experienced the fastest growth in consumption during this time, the US and European markets recorded the largest decline in demand.
London – 25 October 2011 - The turnover for sales of global construction aggregates is expected to increase to over US$150 billion by 2015, aided by the recovery of construction industries around the world. Aggregates consumption is heavily dependent on construction expenditure, and financial stimulus packages invested by the government will significantly improve sales of global construction aggregates.
Demand for aggregates fell with global economic crisis
Until 2007, a combination of low interest rates and easy access to credit led to a boom in the global residential construction market, resulting in a high demand for aggregates, particularly in developed markets such as the US. However, the sub-prime crisis that emerged in the US in late 2007 led to a fall in the demand for residential properties in 2008, a trend that spread to other countries and was a major factor in the global economic crisis that began in the same year. In turn, the financial slowdown reduced the availability of credit and subsequently, the demand for construction worldwide.
The impact of the global economic crisis was comparatively lower in developing nations than developed nations. The majority of emerging economies recorded strong construction industry growth and, consequently, a high demand for aggregates, while the industries of more developed countries fell into decline.
To counter the decline of their construction industries, many governments introduced financial stimulus packages consisting of huge investments in infrastructure projects, a move that led to an increase in the demand for aggregates in the infrastructure construction market. As a result, the consumption of construction aggregates is expected to recover by 2015.
Increased demand from developing countries
The Asia-Pacific, which is the largest consumer of construction aggregates in the world, recorded a significant increase in demand during the review period. The development of the manufacturing and services industries of countries in the region, and continued infrastructure development plans to support urbanization and rapid population growth, has increased the demand for construction aggregates in the region. In particular, increased levels of foreign investment in infrastructure development in India, China and Indonesia have strengthened the demand for aggregates in the region. In contrast, Japan, a developed economy, was the only country in the Asia-Pacific to record a fall in the consumption of aggregates during the review period, due to the decline of its construction industry.
South America, which is one of the largest producers of construction aggregates in the world, also recorded the fastest growth in the demand for the construction material of any region over the review period. This was largely the result of a high level of infrastructure construction activity, as the majority of countries in the region have increased public expenditure in order to improve infrastructure facilities. Brazil, the largest consumer of construction aggregates in the region, has allocated US$880 million for infrastructure and social projects to support its hosting of the 2014 World Cup and 2016 Olympics Games. As a result, aggregate consumption in the region is expected to further increase by 2015.
The Middle East and North Africa consumed the lowest value of construction aggregates, despite recording a positive growth rate over the review period. Growth in the demand for construction materials was largely driven by increased investment in transport infrastructure to improve transport links and create a favorable business environment across the region in order to attract foreign investment. Furthermore, the combination of rapid growth in economic activity and a rising population has increased the need for infrastructural upgrades in the region.
Demand falls in developed countries
Despite accounting for over a quarter of the consumption value of global construction aggregates in 2010, Europe experienced weak growth during the review period due to a fall in construction activity in Western Europe towards the end of 2008. However, this decline was offset by continued construction activity in Eastern European countries such as Poland and the Netherlands, and European construction activity is expected to improve by 2015, as Western European countries emerge from the economic crisis.
In contrast, North America was the only region in the world to register a decline in the consumption of aggregates over the review period. The decline was largely due to the effect of the sub-prime crisis on the domestic residential construction market, which is the largest end user of construction aggregates in North America, as a fall in the number of new housing starts reduced the need for construction materials. However, with the introduction of stimulus packages, construction activity is expected to improve in the US, with the consumption value of aggregates is expected to rise to almost US$30 billion by 2015.
Sustainable aggregates to gain popularity
The global demand for sand and gravel recorded the fastest growth rate of all construction aggregates during the review period. Crushed stone was the most consumed aggregate, accounting for over half of total consumption over the review period.
However, due to increasing global awareness of environmental issues and climate change, the use of recycled and natural aggregates is expected to rise over the next five years. These types will not only record the fastest growth in the consumption of any aggregate over the forecast period, but also increase their share of the turnover of global sales of aggregates from 3.1% in 2010 to 3.5% in 2015.
To purchase the full version of this report, please click here.
About Industry Review:
Industry Review is a collection of incisive, regularly updated market reports across 40+ industry sectors and 100+ countries.
We provide access to the latest data on global and local markets, key industries, top companies, M&A activity, new product launches and trends so you can make faster and better informed business decisions.
The reports in our store draw on robust primary and secondary research, proprietary databases, industry surveys and insightful analysis from our own expert teams and from carefully selected third-party publishers.
With access to over 400 in-house analysts and journalists, and a global media presence in over 30 industries, Industry Review delivers in-depth knowledge of local markets worldwide.
For more information, please visit our website at www.industryreview.com
For more information on the article, please contact:
Shelly Wills
Tel: +44 (0) 20 7936 6671
shelly.wills@industryreview.com
London – 25 October 2011 - The turnover for sales of global construction aggregates is expected to increase to over US$150 billion by 2015, aided by the recovery of construction industries around the world. Aggregates consumption is heavily dependent on construction expenditure, and financial stimulus packages invested by the government will significantly improve sales of global construction aggregates.
Demand for aggregates fell with global economic crisis
Until 2007, a combination of low interest rates and easy access to credit led to a boom in the global residential construction market, resulting in a high demand for aggregates, particularly in developed markets such as the US. However, the sub-prime crisis that emerged in the US in late 2007 led to a fall in the demand for residential properties in 2008, a trend that spread to other countries and was a major factor in the global economic crisis that began in the same year. In turn, the financial slowdown reduced the availability of credit and subsequently, the demand for construction worldwide.
The impact of the global economic crisis was comparatively lower in developing nations than developed nations. The majority of emerging economies recorded strong construction industry growth and, consequently, a high demand for aggregates, while the industries of more developed countries fell into decline.
To counter the decline of their construction industries, many governments introduced financial stimulus packages consisting of huge investments in infrastructure projects, a move that led to an increase in the demand for aggregates in the infrastructure construction market. As a result, the consumption of construction aggregates is expected to recover by 2015.
Increased demand from developing countries
The Asia-Pacific, which is the largest consumer of construction aggregates in the world, recorded a significant increase in demand during the review period. The development of the manufacturing and services industries of countries in the region, and continued infrastructure development plans to support urbanization and rapid population growth, has increased the demand for construction aggregates in the region. In particular, increased levels of foreign investment in infrastructure development in India, China and Indonesia have strengthened the demand for aggregates in the region. In contrast, Japan, a developed economy, was the only country in the Asia-Pacific to record a fall in the consumption of aggregates during the review period, due to the decline of its construction industry.
South America, which is one of the largest producers of construction aggregates in the world, also recorded the fastest growth in the demand for the construction material of any region over the review period. This was largely the result of a high level of infrastructure construction activity, as the majority of countries in the region have increased public expenditure in order to improve infrastructure facilities. Brazil, the largest consumer of construction aggregates in the region, has allocated US$880 million for infrastructure and social projects to support its hosting of the 2014 World Cup and 2016 Olympics Games. As a result, aggregate consumption in the region is expected to further increase by 2015.
The Middle East and North Africa consumed the lowest value of construction aggregates, despite recording a positive growth rate over the review period. Growth in the demand for construction materials was largely driven by increased investment in transport infrastructure to improve transport links and create a favorable business environment across the region in order to attract foreign investment. Furthermore, the combination of rapid growth in economic activity and a rising population has increased the need for infrastructural upgrades in the region.
Demand falls in developed countries
Despite accounting for over a quarter of the consumption value of global construction aggregates in 2010, Europe experienced weak growth during the review period due to a fall in construction activity in Western Europe towards the end of 2008. However, this decline was offset by continued construction activity in Eastern European countries such as Poland and the Netherlands, and European construction activity is expected to improve by 2015, as Western European countries emerge from the economic crisis.
In contrast, North America was the only region in the world to register a decline in the consumption of aggregates over the review period. The decline was largely due to the effect of the sub-prime crisis on the domestic residential construction market, which is the largest end user of construction aggregates in North America, as a fall in the number of new housing starts reduced the need for construction materials. However, with the introduction of stimulus packages, construction activity is expected to improve in the US, with the consumption value of aggregates is expected to rise to almost US$30 billion by 2015.
Sustainable aggregates to gain popularity
The global demand for sand and gravel recorded the fastest growth rate of all construction aggregates during the review period. Crushed stone was the most consumed aggregate, accounting for over half of total consumption over the review period.
However, due to increasing global awareness of environmental issues and climate change, the use of recycled and natural aggregates is expected to rise over the next five years. These types will not only record the fastest growth in the consumption of any aggregate over the forecast period, but also increase their share of the turnover of global sales of aggregates from 3.1% in 2010 to 3.5% in 2015.
To purchase the full version of this report, please click here.
About Industry Review:
Industry Review is a collection of incisive, regularly updated market reports across 40+ industry sectors and 100+ countries.
We provide access to the latest data on global and local markets, key industries, top companies, M&A activity, new product launches and trends so you can make faster and better informed business decisions.
The reports in our store draw on robust primary and secondary research, proprietary databases, industry surveys and insightful analysis from our own expert teams and from carefully selected third-party publishers.
With access to over 400 in-house analysts and journalists, and a global media presence in over 30 industries, Industry Review delivers in-depth knowledge of local markets worldwide.
For more information, please visit our website at www.industryreview.com
For more information on the article, please contact:
Shelly Wills
Tel: +44 (0) 20 7936 6671
shelly.wills@industryreview.com
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