南アフリカの建設業：主な傾向と機会

南アフリカの建設市場の年平均(CAGR)成長率は、2011～2015年に2.33％を記録しました。政府のインフラ整備計画や、住宅建設、エネルギー部門での活発な投資を反映して、2016～2020年の年平均(CAGR)の市場成長率は2.62％に達すると予測されています。

当レポートでは、南アフリカにおける建設業の最新動向と将来展望について分析し、建設業全体の建設生産高・付加価値額の動向（過去5年間の実績値と今後5年間の予測値）や、部門別（商業用・産業用・住宅など）・費用項目別・種類別（新築／改築など）の詳細動向、価格構造や産業競争力、主要企業の詳細なプロファイルといった情報も盛り込んでお届けします。

第1章　エグゼクティブ・サマリー

第2章　産業展望

• 商業建設
• 工業建設
• インフラストラクチャー建設
• エネルギーおよびユーティリティ建設
• 施設建設
• 住宅建設

第3章　主要問題および動向

第4章　市場データ分析

• 建設高および建設付加価値
  • 建設高：プロジェクトタイプ別
  • 建設高：コストタイプ別
  • 建設高：活動タイプ別
  • 建設付加価値：プロジェクトタイプ別
• 商業建設
• 工業建設
• インフラストラクチャー建設
• エネルギーおよびユーティリティ建設
• 施設建設
• 住宅建設

第5章　企業プロファイル：Aveng Ltd

• 企業概要
• 事業内容
• 主要製品・サービス
• 沿革
• 企業情報（競合企業、役員）

第6章　企業プロファイル：Murray & Roberts Holdings Ltd

• 企業概要
• 事業内容
• 主要サービス
• 沿革
• 企業情報（競合企業、役員）

第7章　企業プロファイル：Wilson Bayly Holmes-Ovcon Ltd

• 企業概要
• 事業内容
• 主要製品・サービス
• 沿革
• 企業情報（競合企業、役員）

第8章　企業プロファイル：Group Five Ltd

• 企業概要
• 事業内容
• 主要製品・サービス
• 企業情報（競合企業、役員）

第9章　企業プロファイル：Stefanutti Stocks Holdings Ltd

• 企業概要
• 事業内容
• 主要サービス
• 沿革
• 企業情報（競合企業、役員）

第10章　付録

図表一覧

List of Tables

• Table 1: Construction Outlook
• Table 2: South Africa, Key Economic Indicators
• Table 3: South Africa, Construction Output Value (nominal, ZAR Million)
• Table 4: South Africa, Construction Output Value (nominal, US$ Million)
• Table 5: South Africa, Top Commercial Construction Projects by Value
• Table 6: South Africa, Top Industrial Construction Projects by Value
• Table 7: South Africa, Top Infrastructure Construction Projects by Value
• Table 8: South Africa, Top Energy and Utilities Construction Projects by Value
• Table 9: South Africa, Top Institutional Construction Projects by Value
• Table 10: South Africa, Top Residential and Mixed-Use Construction Projects by Value
• Table 11: South Africa, Key Contractors
• Table 12: South Africa, Key Consultants
• Table 13: GlobalData Construction Market Definitions
• Table 14: Construction Risk Index Ratings and Scores

List of Figures

• Figure 1: Key Markets, Construction Output Growth Matrix and Risk Matrix
• Figure 2: South Africa, Construction Projects Pipeline by Sector (ZAR Billion)
• Figure 3: South Africa, Total Value of Recorded Building Plans Passed by Larger Municipalities
• Figure 4: South Africa, Risk Profile
• Figure 5: South Africa, Risk Comparison
• Figure 6: South Africa, Construction Output Value (Real, US$ billion, 2017 prices and exchange rate)
• Figure 7: South Africa, Construction Output Value, Growth Matrix
• Figure 8: South Africa, Construction Output Value, by Sector (ZAR Million), 2014-2023
• Figure 9: South Africa, Construction Projects Pipeline, Projected Annual Spending by Stage (ZAR Million), 2018-2023
• Figure 10: South Africa, Construction Projects Pipeline, Value by Stage (ZAR Million)
• Figure 11: South Africa, Commercial Construction Output by Project Type (ZAR Million), 2014-2023
• Figure 12: South Africa, Commercial Construction Projects Pipeline, Value by Stage (ZAR Million)
• Figure 13: South Africa, Commercial Construction Projects Pipeline, Projected Annual Spending by Stage (ZAR Million), 2018-2023
• Figure 14: South Africa, Industrial Construction Output by Project Type (ZAR Million), 2014-2023
• Figure 15: South Africa, Industrial Construction Projects Pipeline, Value by Stage (ZAR Million)
• Figure 16: South Africa, Industrial Construction Projects Pipeline, Projected Annual Spending by Stage (ZAR Million), 2018-2023
• Figure 17: South Africa, Infrastructure Construction Output by Project Type (ZAR Million), 2014-2023
• Figure 18: South Africa, Infrastructure Construction Projects Pipeline, Value by Stage (ZAR Million)
• Figure 19: South Africa, Infrastructure Construction Projects Pipeline, Projected Annual Spending by Stage (ZAR Million), 2018-2023
• Figure 20: South Africa, Energy and Utilities Construction Output by Project Type (ZAR Million), 2014-2023
• Figure 21: South Africa, Energy and Utilities Construction Projects Pipeline, Value by Stage (ZAR Million)
• Figure 22: South Africa, Energy and Utilities Construction Projects Pipeline, Projected Annual Spending by Stage (ZAR Million), 2018-2023
• Figure 23: South Africa, Institutional Construction Output by Project Type (ZAR Million), 2014-2023
• Figure 24: South Africa, Institutional Construction Projects Pipeline, Value by Stage (ZAR Million)
• Figure 25: South Africa, Institutional Construction Projects Pipeline, Projected Annual Spending by Stage (ZAR Million), 2018-2023
• Figure 26: South Africa, Residential Construction Output by Project Type (ZAR Million), 2014-2023
• Figure 27: South Africa, Residential Construction Projects Pipeline, Value by Stage (ZAR Million)
• Figure 28: South Africa, Residential Construction Projects Pipeline, Projected Annual Spending by Stage (ZAR Million), 2018-2023
• Figure 29: South Africa, Headquarters of Key Contractors (% of Total Project Pipeline)
• Figure 30: South Africa, Headquarters of Foreign Contractors (% of Project Pipeline with Foreign Contractor)
• Figure 31: South Africa, Headquarters of Key Consultants (% of Total Project Pipeline)
• Figure 32: South Africa, Headquarters of Foreign Consultants (% of Project Pipeline with Foreign Consultants)

South Africa's construction industry suffered a downturn during 2017-2018, contracting by 0.6% and 1.2% in real terms in 2017 and 2018 respectively, following an average annual growth of 2.2% during the preceding three years. The industry's output value - measured at constant 2017 US dollar exchange rates - declined from US$39.8 billion in 2016 to US$39.1 billion in 2018. This decline can be attributed to economic slowdown, coupled with weak consumer and investor confidence, which in turn reduced public and private sector investments in construction projects.

According to Statistics South Africa (Stats SA), the country's gross fixed capital formation at 2010 constant prices declined by 1.4% in 2018 compared to 2017; it decreased from ZAR618.5 billion (US$46.4 billion) in 2017 to ZAR609.6 billion (US$46.0 billion) in 2018. This was preceded by annual growth of 1% in 2017 and an annual contraction of 3.5% in 2016. The industry's output value in real terms is expected to rise at a compound annual growth rate (CAGR) of 1.68% over the forecast period, compared to 0.30% during the review period. The industry is consequently expected to rise from a value of US$39.1 billion in 2018 to US$42.5 billion in 2023, measured at constant 2017 US dollar exchange rates.

The government's efforts to enhance transport, residential and industrial infrastructure will support the growth of the industry over the forecast period (2019-2023). The industry's output is expected to be supported by improvements in business confidence over the forecast period, which will drive investment in infrastructure, commercial, residential projects and energy infrastructure. The total construction project pipeline in South Africa including all mega projects with a value above US$25 million - stands at ZAR2.6 trillion (US$194 billion). The pipeline, which includes all projects from pre-planning to execution, is skewed towards early-stage projects, with 65.1% of the pipeline value being in projects in the pre-planning and planning stages as of April 2019.

Infrastructure construction was the largest market in the South African construction industry during the review period, accounting for 34.2% of the industry's total value in 2018. The market is expected to follow a similar trend over the forecast period, with infrastructure construction accounting for 35.3% of the industry's total value in 2023. Market output over the forecast period is expected to be supported by the government's plan to improve the country's transport infrastructure. Residential construction accounted for 31.5% of the industry's total output in 2018, followed by energy and utilities construction with 15.4%, commercial construction with 11.5%, industrial construction with 4.5% and institutional construction with 2.9%.

The report "Construction in South Africa - Key Trends and Opportunities to 2023", provides detailed market analysis, information and insights into the South African construction industry, including -

• The South African construction industry's growth prospects by market, project type and construction activity
• Critical insight into the impact of industry trends and issues, as well as an analysis of key risks and opportunities in the South African construction industry
• Analysis of the mega-project pipeline, focusing on development stages and participants, in addition to listings of major projects in the pipeline.

Scope

• This report provides a comprehensive analysis of the construction industry in South Africa.
• Historical (2014-2018) and forecast (2019-2023) valuations of the construction industry in South Africa, featuring details of key growth drivers.
• Segmentation by sector (commercial, industrial, infrastructure, energy and utilities, institutional and residential) and by sub-sector
• Analysis of the mega-project pipeline, including breakdowns by development stage across all sectors, and projected spending on projects in the existing pipeline.
• Listings of major projects, in addition to details of leading contractors and consultants.

Reasons to buy

• Identify and evaluate market opportunities using GlobalData's standardized valuation and forecasting methodologies.
• Assess market growth potential at a micro-level with over 600 time-series data forecasts.
• Understand the latest industry and market trends.
• Formulate and validate strategy using GlobalData's critical and actionable insight.
• Assess business risks, including cost, regulatory and competitive pressures.
• Evaluate competitive risk and success factors.

Table of Contents

1. EXECUTIVE SUMMARY

2. CONSTRUCTION OUTLOOK: AT-A-GLANCE

3. LATEST NEWS AND INDICATORS

4. KEY DRIVERS AND RISKS

• 4.1. Economic Performance
• 4.2. Political Environment
• 4.3. Demographics
• 4.4. Risk Profile

5. CONSTRUCTION OUTLOOK

• 5.1. All Construction
• 5.1.1. Outlook
• 5.1.2. Project analytics
• 5.2. Commercial Construction
• 5.2.1. Outlook
• 5.2.2. Project analytics
• 5.3. Industrial Construction
• 5.3.1. Outlook
• 5.3.2. Project analytics
• 5.4. Infrastructure Construction
• 5.4.1. Outlook
• 5.4.2. Project analytics
• 5.5. Energy and Utilities Construction
• 5.5.1. Outlook
• 5.5.2. Project analytics
• 5.6. Institutional Construction
• 5.6.1. Outlook
• 5.6.2. Project analytics
• 5.7. Residential Construction
• 5.7.1. Outlook
• 5.7.2. Project analytics

6. KEY INDUSTRY PARTICIPANTS

• 6.1. Contractors
• 6.2. Consultants

7. APPENDIX

• 7.1. What is this Report About?
• 7.2. Definitions

8. ABOUT GLOBALDATA

• 8.1. GlobalData at a Glance
• 8.2. GlobalData Construction
• 8.3. Disclaimer
• 8.4. Contact Us