Press release
Infrastructure sector in South Korea Market 2021 Status and Growth Outlook - Samsung C&T, Hyundai E&C, Daelim Industrial, GS E&C, Daewoo E&C
The Infrastructure sector in South Korea Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.The Infrastructure in South Korea is estimated to grow at a CAGR of approximately 6% during the forecast period.
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Top Leading Companies of Infrastructure sector in South Korea Market are Samsung C&T, Hyundai E&C, Daelim Industrial, GS E&C, Daewoo E&C, POSCO E&C, Hyundai Engineering, Lotte E&C, HDC (Hyundai Development Company), Hoban Construction and others.
Key Market Trends
Demand for Road Infrastructure:
Along the western side of the peninsula, there is the Seohaean Expressway running between Seoul and Mokpo, South Jeolla Province. The oldest route, the Gyeongbu Expressway, runs between Seoul and Busan. Lastly, the Jungbu Expressway runs from Hanam, Gyeonggi Province to Tongyeong, South Gyeongsang Province.
Over the past decades, the highways have played a great part in the country’s industrialization, development of rural districts, and growth of regional tourism. The Gyeongbu and Jungbu expressways carry about 25 percent of the collective freight transportation on expressways nationwide.
The government is pinning hopes on the coming expressway linking the Seoul metropolitan and Sejong, whose construction has been underway since 2016.
The Seoul-Sejong Expressway, which is also called the second Gyeongbu Expressway, will be placed between Gyeongbu and Jungbu lines with six lanes in two directions. The first construction route (72.6 kilometers) of the Seoul-Sejong Expressway is from Guri (east of Seoul) to Anseong, Gyeonggi Province, which has been on the construction with completion goal by December 2022.
The second route links Anseong and Sejong (58 km), whose construction will start as early as this year with completion target by June 2024.
Regional Outlook of Infrastructure sector in South Korea Market report includes the following geographic areas such as: North America, Europe, China, Japan, Southeast Asia, India and ROW.
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https://www.marketinsightsreports.com/reports/07202151896/infrastructure-sector-in-south-korea-growth-trends-and-forecasts-2020-2025?Mode=PD
What Are The Market Factors That Are Explained In The Report?
Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.
Analytical Tools: The Infrastructure sector in South Korea Market Report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.
Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.
Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.
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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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