Construction Market In Turkey 2024-2028
The construction market in turkey is forecasted to grow by USD 68.3 bn during 2023-2028, accelerating at a CAGR of 5.96% during the forecast period. The report on the construction market in turkey provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising demand for real estate properties in turkey, growing investment in public infrastructure projects, and expanding foreign tourism in turkey.
Technavio's construction market in turkey is segmented as below:
- By Sector
- Private
- Public
- By End-user
- Residential
- Infrastructure
- Commercial
- By Geographical Landscape
- Middle East and Africa
This study identifies the increasing focus on building earthquake-resilient buildings as one of the prime reasons driving the construction market in turkey growth during the next few years. Also, rise in development of green buildings and increasing adoption of dry construction techniques will lead to sizable demand in the market.
The report on the construction market in turkey covers the following areas:
- Construction market in turkey sizing
- Construction market in turkey forecast
- Construction market in turkey industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading construction market in turkey vendors that include ALARKO HOLDING A.S., Aydiner Construction Co. Inc., Beytturk, Dere Construction, ENKA Insaat ve Sanayi A.S., Feka, Limak Holding, Nurol Construction and Trading Co. Inc., Renaissance Construction, Ronesans Holding, SK ecoplant CO. LTD., Taisei Corp., TAV Tepe Akfen Investment Construction and Operation Co., and Tekfen Construction and Installation Co. Inc.. Also, the construction market in turkey analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.