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Qatar Transportation Infrastructure Construction Market Size (2024 - 2029)

The Qatar transportation infrastructure construction market is poised for significant growth, driven by substantial investments and strategic government initiatives. The market's expansion is supported by preparations for major events like the FIFA World Cup and the ambitious Qatar National Vision 2030, which aims to enhance the country's infrastructure. Despite challenges posed by the COVID-19 pandemic, Qatar's strong economic position and focus on sustainability and technological advancements are expected to sustain the market's upward trajectory. The increasing demand for construction and facility management services further underscores the market's potential, as companies vie for opportunities in this lucrative environment.

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Market Size of Qatar Transportation Infrastructure Construction Industry

Qatar Transportation Infrastructure Construction Market Summary
Study Period 2020 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Historical Data Period 2020 - 2022
CAGR 9.80 %
Market Concentration Medium

Major Players

Qatar Transportation Infrastructure Construction Market Major Players

*Disclaimer: Major Players sorted in no particular order

Qatar Transportation Infrastructure Construction Market Analysis

The Qatar Transportation Infrastructure Construction Market size is estimated at USD 16.96 billion in 2023, and is expected to reach USD 27.07 billion by 2028, growing at a CAGR of 9.80% during the forecast period (2023-2028).

  • The Qatari transportation infrastructure construction market is valued at USD 12 Billion and is expected to register a CAGR of more than 8% during the forecast period. The Qatari government has taken measures to curb the spread of COVID-19, and some of these may have an impact on the construction industry. These measures are going to affect labour, supply chains, and financing arrangements in the construction sector.
  • The country's construction industry is expected to benefit from investments in preparation for the 2022 FIFA World Cup and Qatar National Vision 2030. Under the National Vision 2030, the country will award an estimated USD 85 billion worth of planned projects in the coming years. The FIFA World Cup 2022 added USD 17 billion to Qatar's economy, an estimate that is equivalent to about 7% of the country's GDP in 2019.
  • As one of the world's richest countries per capita, Qatar entered the COVID-19 pandemic from a position of relative strength. Backed by deep and accessible gas deposits, a positive fiscal balance, and a high credit rating, Qatar had invested more in boosting its transport infrastructure.
  • The demand for sustainability and technological advancements in the transport infrastructure market is increasing, and companies in the region are expected to adopt and remain competitive.
  • Many construction service providers and facility management companies are in the race to enter the Qatari market in terms of services. Companies have partnered with developers to offer after-construction services. As towers, low-rise buildings, stadiums, and malls get built and are near completion, the country's facility management market is expected to grow exponentially in the coming years.

Qatar Transportation Infrastructure Construction Industry Segmentation

Transport infrastructure consists of fixed installation roads, railways, airways, waterways, pipes and canals, and pipelines and terminals such as airports, railway stations, bus stations, warehouses, and trucking terminals.

The Qatar Transportation Infrastructure Construction Market is segmented by Mode (Roads, Railways, Airways, and Ports). The report offers the Qatar Transportation Infrastructure Construction Market size and forecasts in value (USD billion) for all the above segments.

Mode
Roads
Railways
Airways
Ports
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Qatar Transportation Infrastructure Construction Market Size Summary

The Qatar transportation infrastructure construction market is poised for significant growth, driven by substantial investments and strategic initiatives aligned with national development goals. The sector is experiencing a surge in activity due to the country's ambitious Qatar National Vision 2030 and the preparations for the FIFA World Cup 2022. These initiatives have catalyzed a wave of infrastructure projects, including road networks, stadiums, and urban developments, which are expected to transform the transportation landscape. The government's commitment to enhancing infrastructure is further supported by its robust economic position, bolstered by oil and gas revenues, and a favorable fiscal environment. This has attracted numerous construction service providers and facility management companies, eager to capitalize on the burgeoning market opportunities.

The market's expansion is also fueled by the rapid urbanization and population growth, necessitating upgrades and expansions of existing transportation infrastructure. Investments are being directed towards extending and improving roads and rail systems, as well as repairing and enhancing damaged structures. The focus on sustainability and technological advancements is becoming increasingly important, with companies adopting innovative solutions to improve public services and address environmental challenges. The construction sector's growth is further supported by major players like Qatari Diar and the Public Works Authority, which are spearheading large-scale projects. As the market continues to evolve, it is expected to play a pivotal role in Qatar's economic diversification efforts, enhancing connectivity and supporting the country's long-term development objectives.

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Qatar Transportation Infrastructure Construction Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Market Overview

    2. 1.2 Technological Trends in the Market

    3. 1.3 Government Regulations and Initiatives

    4. 1.4 Market Drivers

    5. 1.5 Market Restraints

    6. 1.6 Market Opportunities

    7. 1.7 Value Chain/Supply Chain Analysis

    8. 1.8 Industry Attractiveness - Porter's Five Forces Analysis

      1. 1.8.1 Threat of New Entrants

      2. 1.8.2 Bargaining Power of Buyers/Consumers

      3. 1.8.3 Bargaining Power of Suppliers

      4. 1.8.4 Threat of Substitute Products

      5. 1.8.5 Intensity of Competitive Rivalry

    9. 1.9 Impact of COVID-19 on the Market

  2. 2. MARKET SEGMENTATION (Market Size by Value)

    1. 2.1 Mode

      1. 2.1.1 Roads

      2. 2.1.2 Railways

      3. 2.1.3 Airways

      4. 2.1.4 Ports

Qatar Transportation Infrastructure Construction Market Size FAQs

The Qatar Transportation Infrastructure Construction Market is projected to register a CAGR of 9.80% during the forecast period (2024-2029)

Redco Constrution AL Mana, Medgulf Construction Company WLL, Harinsa Construction Company Qatar WLL , Gulf Contracting Company and Bojamhoor Trading and Construction Co WLL are the major companies operating in the Qatar Transportation Infrastructure Construction Market.

Qatar Transportation Infrastructure Construction Market Report Snapshots

Qatar Transportation Infrastructure Construction Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)