Institutional Building Construction in South Korea to 2015: Market Snapshot by WMIntelligence

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									Institutional Building Construction in
South Korea to 2015: Market Snapshot


Reference code: CN1228MS
Published: April 2011




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TABLE OF CONTENTS




TABLE OF CONTENTS

1      SECTOR OVERVIEW ............................................................................................................. 5
2      MARKET DATA ...................................................................................................................... 6
    2.1 Market Value 2006-10 ...................................................................................................................... 6
    2.2 Market Segmentation, By Category Type, 2010 ............................................................................... 7
    2.3 Market Value Forecast 2010-15 ....................................................................................................... 8
    2.4 Future Market Segmentation, By Category Type, 2015 .................................................................... 9
3      APPENDIX ............................................................................................................................ 10
    3.1 Research Methodology ...................................................................................................................10
    3.2 Definitions .......................................................................................................................................10
        3.2.1     Additional Notes ........................................................................................................................................ 11
    3.3 About World Market Intelligence......................................................................................................11




Institutional Building Construction in South Korea to 2015: Market Snapshot                                                                             Published Apr 2011
© World Market Intelligence. This report is a licensed product and is not to be photocopied                                                                            Page 2
TABLE OF CONTENTS




LIST OF TABLES
Table 1: Institutional Building Construction in South Korea, Market Value (US$ m), 2006-10 ........................................................6
Table 2: Institutional Building Construction in South Korea, Market Segmentation, By Category Type, 2010 ................................7
Table 3: Institutional Building Construction in South Korea, Market Value Forecast (US$ m), 2010-15 .........................................8
Table 4: Institutional Building Construction in South Korea, Market Segmentation Forecast, By Category Type, 2015 .................9




Institutional Building Construction in South Korea to 2015: Market Snapshot                                                        Published Apr 2011
© World Market Intelligence. This report is a licensed product and is not to be photocopied                                                     Page 3
TABLE OF CONTENTS




LIST OF FIGURES
Figure 1: Institutional Building Construction in South Korea, Market Value (US$ m), 2006-10 .......................................................6
Figure 2: Institutional Building Construction in South Korea, Market Segmentation, By Category Type, 2010 ...............................7
Figure 3: Institutional Building Construction in South Korea, Market Value Forecast (US$ m), 2010-15 ........................................8
Figure 4: Institutional Building Construction in South Korea, Market Segmentation Forecast, By Category Type, 2015 ................9




Institutional Building Construction in South Korea to 2015: Market Snapshot                                                        Published Apr 2011
© World Market Intelligence. This report is a licensed product and is not to be photocopied                                                     Page 4
SECTOR OVERVIEW




1 SECTOR OVERVIEW

Following expansion at a compound annual growth rate (CAGR) of 2.47% between 2006-10, the institutional
buildings in South Korea reached a value of US$3,121.6 million in 2010, which represented an increase of 5.0% on
2009. The market achieved its strongest performance in 2007 with a growth of 22.6% over its previous year and its
weakest performance was witnessed in 2009, when it fell to -10.8% over 2008.

In comparison, the fastest growing construction sector of the institutional construction market between 2006-10 was
research facilities, which achieved a CAGR of 3.12%. The weakest performer was religious buildings, which
observed a negative CAGR of -3.94%.

By 2010, the institutional buildings accounted for 26.7% of the institutional construction market. In comparison,
educational buildings represented 38.6% share, while healthcare buildings generated a further 16.6% of the
market's 2010 share.

Looking ahead, the institutional buildings is expected to expand at a CAGR of 3.82% between 2010-15, reaching a
value of US$3,765.0 million in 2015. This represents a total growth of 33.0% from 2006 and 20.6% from 2010.

In comparison, the fastest growing construction sector of the institutional construction market between 2010-15 is
expected to be educational buildings, which is predicted to achieve a CAGR of 5.11%. The weakest performer is
expected to be religious buildings, which is forecast to achieve a CAGR of 3.52%.

By 2015, the institutional buildings is forecast to account for 25.9% of the institutional construction market. In
comparison, educational buildings is predicted to account for 39.8%, while healthcare buildings is expected to
generate a further 16.8% of the market's 2015 share.




Institutional Building Construction in South Korea to 2015: Market Snapshot                               Published Apr 2011
© World Market Intelligence. This report is a licensed product and is not to be photocopied                          Page 5
MARKET DATA




2 MARKET DATA
2.1 Market Value 2006-10

      Institutional buildings sector in South Korea was valued at US$3,121.6 million in 2010, an increase of 5.0% on
      2009. The sector achieved a CAGR of 2.47% over the period 2006-10.


       Table 1: Institutional Building Construction in South Korea, Market Value (US$ m), 2006-10

       Year                                                                                         US$ Million                                   % Growth
       2006                                                                                              2,831.8
       2007                                                                                              3,471.0                                        22.6%
       2008                                                                                              3,331.7                                         -4.0%
       2009                                          
								
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