Construction Market in Turkey 2024-2028

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.


1 Executive Summary
1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Country Market Characteristics
Executive Summary - Chart on Market Segmentation by Sector
Executive Summary - Chart on Market Segmentation by End-user
Executive Summary - Chart on Company Market Positioning
2 Market Landscape
2.1 Market ecosystem
Parent Market
Data Table on - Parent Market
2.2 Market characteristics
Market characteristics analysis
2.3 Value chain analysis
Value Chain Analysis
3 Market Sizing
3.1 Market definition
Offerings of companies included in the market definition
3.2 Market segment analysis
Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Chart on Turkey - Market size and forecast 2023-2028 ($ billion)
Data Table on Turkey - Market size and forecast 2023-2028 ($ billion)
Chart on Turkey: Year-over-year growth 2023-2028 (%)
Data Table on Turkey: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
4.1 Construction Market in Turkey 2018 - 2022
Historic Market Size - Data Table on Construction Market in Turkey 2018 - 2022 ($ billion)
4.2 Sector segment analysis 2018 - 2022
Historic Market Size - Sector Segment 2018 - 2022 ($ billion)
4.3 End-user segment analysis 2018 - 2022
Historic Market Size - End-user Segment 2018 - 2022 ($ billion)
5 Five Forces Analysis
5.1 Five forces summary
Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by Sector
6.1 Market segments
Chart on Sector - Market share 2023-2028 (%)
Data Table on Sector - Market share 2023-2028 (%)
6.2 Comparison by Sector
Chart on Comparison by Sector
Data Table on Comparison by Sector
6.3 Private - Market size and forecast 2023-2028
Chart on Private - Market size and forecast 2023-2028 ($ billion)
Data Table on Private - Market size and forecast 2023-2028 ($ billion)
Chart on Private - Year-over-year growth 2023-2028 (%)
Data Table on Private - Year-over-year growth 2023-2028 (%)
6.4 Public - Market size and forecast 2023-2028
Chart on Public - Market size and forecast 2023-2028 ($ billion)
Data Table on Public - Market size and forecast 2023-2028 ($ billion)
Chart on Public - Year-over-year growth 2023-2028 (%)
Data Table on Public - Year-over-year growth 2023-2028 (%)
6.5 Market opportunity by Sector
Market opportunity by Sector ($ billion)
Data Table on Market opportunity by Sector ($ billion)
7 Market Segmentation by End-user
7.1 Market segments
Chart on End-user - Market share 2023-2028 (%)
Data Table on End-user - Market share 2023-2028 (%)
7.2 Comparison by End-user
Chart on Comparison by End-user
Data Table on Comparison by End-user
7.3 Residential - Market size and forecast 2023-2028
Chart on Residential - Market size and forecast 2023-2028 ($ billion)
Data Table on Residential - Market size and forecast 2023-2028 ($ billion)
Chart on Residential - Year-over-year growth 2023-2028 (%)
Data Table on Residential - Year-over-year growth 2023-2028 (%)
7.4 Infrastructure - Market size and forecast 2023-2028
Chart on Infrastructure - Market size and forecast 2023-2028 ($ billion)
Data Table on Infrastructure - Market size and forecast 2023-2028 ($ billion)
Chart on Infrastructure - Year-over-year growth 2023-2028 (%)
Data Table on Infrastructure - Year-over-year growth 2023-2028 (%)
7.5 Commercial - Market size and forecast 2023-2028
Chart on Commercial - Market size and forecast 2023-2028 ($ billion)
Data Table on Commercial - Market size and forecast 2023-2028 ($ billion)
Chart on Commercial - Year-over-year growth 2023-2028 (%)
Data Table on Commercial - Year-over-year growth 2023-2028 (%)
7.6 Market opportunity by End-user
Market opportunity by End-user ($ billion)
Data Table on Market opportunity by End-user ($ billion)
8 Customer Landscape
8.1 Customer landscape overview
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Drivers, Challenges, and Opportunity/Restraints
9.1 Market drivers
9.2 Market challenges
9.3 Impact of drivers and challenges
Impact of drivers and challenges in 2023 and 2028
9.4 Market opportunities/restraints
10 Competitive Landscape
10.1 Overview
10.2 Competitive Landscape
Overview on criticality of inputs and factors of differentiation
10.3 Landscape disruption
Overview on factors of disruption
10.4 Industry risks
Impact of key risks on business
11 Competitive Analysis
11.1 Companies profiled
Companies covered
11.2 Market positioning of companies
Matrix on companies position and classification
11.3 ALARKO HOLDING A.S.
ALARKO HOLDING A.S. - Overview
ALARKO HOLDING A.S. - Product / Service
ALARKO HOLDING A.S. - Key offerings
11.4 Aydiner Construction Co. Inc.
Aydiner Construction Co. Inc. - Overview
Aydiner Construction Co. Inc. - Product / Service
Aydiner Construction Co. Inc. - Key offerings
11.5 Beytturk
Beytturk - Overview
Beytturk - Product / Service
Beytturk - Key offerings
11.6 Dere Construction
Dere Construction - Overview
Dere Construction - Product / Service
Dere Construction - Key offerings
11.7 ENKA Insaat ve Sanayi A.S.
ENKA Insaat ve Sanayi A.S. - Overview
ENKA Insaat ve Sanayi A.S. - Product / Service
ENKA Insaat ve Sanayi A.S. - Key offerings
11.8 Feka
Feka - Overview
Feka - Product / Service
Feka - Key offerings
11.9 Limak Holding
Limak Holding - Overview
Limak Holding - Product / Service
Limak Holding - Key offerings
11.10 Nurol Construction and Trading Co. Inc.
Nurol Construction and Trading Co. Inc. - Overview
Nurol Construction and Trading Co. Inc. - Product / Service
Nurol Construction and Trading Co. Inc. - Key offerings
11.11 Renaissance Construction
Renaissance Construction - Overview
Renaissance Construction - Product / Service
Renaissance Construction - Key offerings
11.12 Ronesans Holding
Ronesans Holding - Overview
Ronesans Holding - Product / Service
Ronesans Holding - Key offerings
11.13 SK ecoplant CO. LTD.
SK ecoplant CO. LTD. - Overview
SK ecoplant CO. LTD. - Product / Service
SK ecoplant CO. LTD. - Key offerings
11.14 Taisei Corp.
Taisei Corp. - Overview
Taisei Corp. - Business segments
Taisei Corp. - Key offerings
Taisei Corp. - Segment focus
11.15 TAV Tepe Akfen Investment Construction and Operation Co.
TAV Tepe Akfen Investment Construction and Operation Co. - Overview
TAV Tepe Akfen Investment Construction and Operation Co. - Product / Service
TAV Tepe Akfen Investment Construction and Operation Co. - Key offerings
11.16 Tekfen Construction and Installation Co. Inc.
Tekfen Construction and Installation Co. Inc. - Overview
Tekfen Construction and Installation Co. Inc. - Product / Service
Tekfen Construction and Installation Co. Inc. - Key offerings
12 Appendix
12.1 Scope of the report
12.2 Inclusions and exclusions checklist
Inclusions checklist
Exclusions checklist
12.3 Currency conversion rates for US$
Currency conversion rates for US$
12.4 Research methodology
Research methodology
12.5 Data procurement
Information sources
12.6 Data validation
Data validation
12.7 Validation techniques employed for market sizing
Validation techniques employed for market sizing
12.8 Data synthesis
Data synthesis
12.9 360 degree market analysis
360 degree market analysis
12.10 List of abbreviations
List of abbreviations
Exhibits:
Exhibits1: Executive Summary - Chart on Market Overview
Exhibits2: Executive Summary - Data Table on Market Overview
Exhibits3: Executive Summary - Chart on Country Market Characteristics
Exhibits4: Executive Summary - Chart on Market Segmentation by Sector
Exhibits5: Executive Summary - Chart on Market Segmentation by End-user
Exhibits6: Executive Summary - Chart on Company Market Positioning
Exhibits7: Parent Market
Exhibits8: Data Table on - Parent Market
Exhibits9: Market characteristics analysis
Exhibits10: Value Chain Analysis
Exhibits11: Offerings of companies included in the market definition
Exhibits12: Market segments
Exhibits13: Chart on Turkey - Market size and forecast 2023-2028 ($ billion)
Exhibits14: Data Table on Turkey - Market size and forecast 2023-2028 ($ billion)
Exhibits15: Chart on Turkey: Year-over-year growth 2023-2028 (%)
Exhibits16: Data Table on Turkey: Year-over-year growth 2023-2028 (%)
Exhibits17: Historic Market Size - Data Table on Construction Market in Turkey 2018 - 2022 ($ billion)
Exhibits18: Historic Market Size - Sector Segment 2018 - 2022 ($ billion)
Exhibits19: Historic Market Size - End-user Segment 2018 - 2022 ($ billion)
Exhibits20: Five forces analysis - Comparison between 2023 and 2028
Exhibits21: Bargaining power of buyers - Impact of key factors 2023 and 2028
Exhibits22: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
Exhibits23: Threat of new entrants - Impact of key factors in 2023 and 2028
Exhibits24: Threat of substitutes - Impact of key factors in 2023 and 2028
Exhibits25: Threat of rivalry - Impact of key factors in 2023 and 2028
Exhibits26: Chart on Market condition - Five forces 2023 and 2028
Exhibits27: Chart on Sector - Market share 2023-2028 (%)
Exhibits28: Data Table on Sector - Market share 2023-2028 (%)
Exhibits29: Chart on Comparison by Sector
Exhibits30: Data Table on Comparison by Sector
Exhibits31: Chart on Private - Market size and forecast 2023-2028 ($ billion)
Exhibits32: Data Table on Private - Market size and forecast 2023-2028 ($ billion)
Exhibits33: Chart on Private - Year-over-year growth 2023-2028 (%)
Exhibits34: Data Table on Private - Year-over-year growth 2023-2028 (%)
Exhibits35: Chart on Public - Market size and forecast 2023-2028 ($ billion)
Exhibits36: Data Table on Public - Market size and forecast 2023-2028 ($ billion)
Exhibits37: Chart on Public - Year-over-year growth 2023-2028 (%)
Exhibits38: Data Table on Public - Year-over-year growth 2023-2028 (%)
Exhibits39: Market opportunity by Sector ($ billion)
Exhibits40: Data Table on Market opportunity by Sector ($ billion)
Exhibits41: Chart on End-user - Market share 2023-2028 (%)
Exhibits42: Data Table on End-user - Market share 2023-2028 (%)
Exhibits43: Chart on Comparison by End-user
Exhibits44: Data Table on Comparison by End-user
Exhibits45: Chart on Residential - Market size and forecast 2023-2028 ($ billion)
Exhibits46: Data Table on Residential - Market size and forecast 2023-2028 ($ billion)
Exhibits47: Chart on Residential - Year-over-year growth 2023-2028 (%)
Exhibits48: Data Table on Residential - Year-over-year growth 2023-2028 (%)
Exhibits49: Chart on Infrastructure - Market size and forecast 2023-2028 ($ billion)
Exhibits50: Data Table on Infrastructure - Market size and forecast 2023-2028 ($ billion)
Exhibits51: Chart on Infrastructure - Year-over-year growth 2023-2028 (%)
Exhibits52: Data Table on Infrastructure - Year-over-year growth 2023-2028 (%)
Exhibits53: Chart on Commercial - Market size and forecast 2023-2028 ($ billion)
Exhibits54: Data Table on Commercial - Market size and forecast 2023-2028 ($ billion)
Exhibits55: Chart on Commercial - Year-over-year growth 2023-2028 (%)
Exhibits56: Data Table on Commercial - Year-over-year growth 2023-2028 (%)
Exhibits57: Market opportunity by End-user ($ billion)
Exhibits58: Data Table on Market opportunity by End-user ($ billion)
Exhibits59: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits60: Impact of drivers and challenges in 2023 and 2028
Exhibits61: Overview on criticality of inputs and factors of differentiation
Exhibits62: Overview on factors of disruption
Exhibits63: Impact of key risks on business
Exhibits64: Companies covered
Exhibits65: Matrix on companies position and classification
Exhibits66: ALARKO HOLDING A.S. - Overview
Exhibits67: ALARKO HOLDING A.S. - Product / Service
Exhibits68: ALARKO HOLDING A.S. - Key offerings
Exhibits69: Aydiner Construction Co. Inc. - Overview
Exhibits70: Aydiner Construction Co. Inc. - Product / Service
Exhibits71: Aydiner Construction Co. Inc. - Key offerings
Exhibits72: Beytturk - Overview
Exhibits73: Beytturk - Product / Service
Exhibits74: Beytturk - Key offerings
Exhibits75: Dere Construction - Overview
Exhibits76: Dere Construction - Product / Service
Exhibits77: Dere Construction - Key offerings
Exhibits78: ENKA Insaat ve Sanayi A.S. - Overview
Exhibits79: ENKA Insaat ve Sanayi A.S. - Product / Service
Exhibits80: ENKA Insaat ve Sanayi A.S. - Key offerings
Exhibits81: Feka - Overview
Exhibits82: Feka - Product / Service
Exhibits83: Feka - Key offerings
Exhibits84: Limak Holding - Overview
Exhibits85: Limak Holding - Product / Service
Exhibits86: Limak Holding - Key offerings
Exhibits87: Nurol Construction and Trading Co. Inc. - Overview
Exhibits88: Nurol Construction and Trading Co. Inc. - Product / Service
Exhibits89: Nurol Construction and Trading Co. Inc. - Key offerings
Exhibits90: Renaissance Construction - Overview
Exhibits91: Renaissance Construction - Product / Service
Exhibits92: Renaissance Construction - Key offerings
Exhibits93: Ronesans Holding - Overview
Exhibits94: Ronesans Holding - Product / Service
Exhibits95: Ronesans Holding - Key offerings
Exhibits96: SK ecoplant CO. LTD. - Overview
Exhibits97: SK ecoplant CO. LTD. - Product / Service
Exhibits98: SK ecoplant CO. LTD. - Key offerings
Exhibits99: Taisei Corp. - Overview
Exhibits100: Taisei Corp. - Business segments
Exhibits101: Taisei Corp. - Key offerings
Exhibits102: Taisei Corp. - Segment focus
Exhibits103: TAV Tepe Akfen Investment Construction and Operation Co. - Overview
Exhibits104: TAV Tepe Akfen Investment Construction and Operation Co. - Product / Service
Exhibits105: TAV Tepe Akfen Investment Construction and Operation Co. - Key offerings
Exhibits106: Tekfen Construction and Installation Co. Inc. - Overview
Exhibits107: Tekfen Construction and Installation Co. Inc. - Product / Service
Exhibits108: Tekfen Construction and Installation Co. Inc. - Key offerings
Exhibits109: Inclusions checklist
Exhibits110: Exclusions checklist
Exhibits111: Currency conversion rates for US$
Exhibits112: Research methodology
Exhibits113: Information sources
Exhibits114: Data validation
Exhibits115: Validation techniques employed for market sizing
Exhibits116: Data synthesis
Exhibits117: 360 degree market analysis
Exhibits118: List of abbreviations

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