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Construction Industry Asia Pacific

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    Construction Industry Asia Pacific Suppliers


    Construction Industry Asia Pacific Supplier

    Find the right-fit construction industry asia pacific supplier for your specific business needs and filter by location, industry, category, revenue, certifications, and more on Beroe LiVE.Ai™.

    Sample Supplier
    Company
    Jacobs Engineering Group Inc.
    Location
    Jackson, Mississipi
    Duns number
    3862211

    D&B SER Rating

    dnb logo

    Up to 3 months

    1 9
    1
    Low Risk High Risk

    The Supplier Evaluation Risk (SER) Rating is Dun & Bradstreet’s proprietary scoring system used to assess the probability that a business will seek relief from creditors or cease operations within the next 12 months. SER ratings range from 1 to 9, with 9 indicating the highest risk of failure. We’ve prepared an infographic to help business owners better understand what influences their SER Rating.

    Moody`s ESG Solution
    ESG Profile

    Company and Sector Performance
    43

    100
    Limited (1)
    ESG Perfomance (/100)
    Environment
    45
    Social
    34
    Governance
    58
    6 Domains Performance (/100)
    Business behaviour
    43
    Human rights
    44
    Community Environment
    68
    Corporate governance
    57
    Human resources
    26
    Security Scorecard
    82

    Threat indicators
    B
    84
    Network Security
    Detecting insecure network settings
    A
    100
    Hacker Chatter
    Monitoring hacker sites for chatter about your company
    F
    56
    DNS Health
    Detecting DNS insecure configuration and vulnerabilities
    C
    73
    Application Security
    Detecting common website application vulnerbilities
    B
    89
    Endpoint Security
    Detecting unprotected enpoints or entry points of user tools, such as desktops, laptops mobile devices, and virtual desktops
    A
    100
    Cubic Score
    Proprietary algorithms checking for implementation of common security best practices
    A
    90
    Patching Cadence
    Out of date company assets which may contain vulnerabilities of risk
    A
    100
    Social Engineering
    Measuring company awareness to a social engineering or phising attack
    A
    97
    IP Reputation
    Detecting suspecious activity, such as malware or spam, within your company network
    A
    100
    Information Leak
    Potentially confidential company information which may have been inadvertently leaked

    Industry Comparison
    jacobs.com
    Industry average
    Adverse Media Appearances
    Environmental Issues
    14
    Workforce Health Safety Issues
    0
    Product Service Issues
    14
    Human Rights Issues
    0
    Production Supply Chain Issues
    0
    Environmental Non Compliance Flags
    28
    Corruption Issues
    0
    Regulatory Non Compliance Flags
    4
    Fraud Issues
    1
    Labor Health Safety Flags
    1
    Regulatory Issues
    3
    Workforce Disputes
    0
    Sanctions
    0
    esg energy transition
    43
    Discrimination Workforce Rights Issues
    1
    esg controversies critical severity
    No

    Construction Industry Asia Pacific market frequently asked questions


    The construction industry in the APAC region has been growing at a CAGR of 4.09 percent from 2017 and will continue to do so until 2021 as per Beroe's forecasts. The APAC construction spending is expected to be almost half of the total global construction spend by 2020. The markets in regions like China, Japan, Indonesia, South Korea and Malaysia seem to have the highest potential for growth and profitability.

    Construction Industry Asia Pacific market report transcript


    Regional Market Outlook on Construction Industry 

    Economy

    • Growing economy: According to IMF Forecast, the APAC region is predicted to grow at 3.3 percent in 2017, with the near-term outlook for the region being significantly clouded adding that medium-term growth-faced problems from a slowdown in efficiency growth in APAC economies, especially in China
    • Domestic demand remains strong, with healthy labor markets, vigorous disposable income growth, and constant policy support. In addition, in most economies, real incomes are being boosted by continuous low inflation

    Construction Market

    • Market scenario: Investment in infrastructure development within APAC is expected to be the driving force for its ED industry, which is expected to grow at a CAGR of ~5–6 percent from 2017 to 2020. Indonesia and Japan experienced an increase in revenue from the construction industry, mainly due to large infrastructure investment by the government and increase in residential sector, along with an increase in projects for Tokyo Olympics in 2020, respectively
    • Outlook: The construction market in APAC is expected to grow at a CAGR of 4.09 percent between 2017 and 2021. APAC construction spend is expected to be almost half of the total global construction spend by 2020, with China, Japan, Indonesia, South Korea, and Malaysia, expected to have the highest potential for market growth and profitability

    Engineering and Construction Sector Profile: Japan

    The Japanese construction industry is expected to witness a slow growth in the forecasted period (2016–2020), with investment in infrastructure, healthcare, education, and housing projects continuing to initiate growth.It has a strong project pipeline, with contractors having backlog until 2018 and beyond.

    Construction Market Outlook (2015–2020)

    • The engineering and design market spend is expected to be $67 billion in 2017, and it is expected to grow at a CAGR of 1.2 percent until 2019
    • This increase is driven by a large number of infrastructure upgrade projects related to the 2020 Olympics; in addition, several reconstruction projects have entered the pipeline to compensate the recent natural calamities
    • The investment in residential and infrastructure segments is driving the construction sector growth. These segments account for 33 percent and 28 percent of the construction activity, respectively

    The Japanese construction industry has a strong project pipeline. Construction contractors have backlog until 2018 and beyond. Most of the construction projects are based on two major events:

    • Preparation for Olympics
    • Finishing off the rebuilding of several areas of the country

    Share of Construction Spending by Sector (2016) 

    Key Insights

    • In 2017, the construction demand is forecasted to reach around $130–132 billion, driven by the institutional and infrastructure projects
    • In 2017, the average construction demand is projected to be around $145–148 billion annually, where most of the demand would be driven by building projects
    • After 2012, the most driving factor for construction has been “Abenomics”, because of which, there was an increase in public work projects, which pushed the industry up
    • Tokyo Olympics 2020 will result in infrastructure development, which includes railways and highways. Economic effect in the general construction sector is estimated to JPY 475 billion by the Tokyo metropolitan government
    • Natural calamities, like tsunami and earthquake, have created the interest of new householders in solar power system, LED lightings, earthquake- resistant houses, all-electric houses, fireproof houses, and eco-friendly/energy saving houses, which resulted in the growth of the housing sector

    Materials and Labor Outlook: Japan

    In 2017, steel prices are expected to follow an upward trend, as the domestic demand for construction materials is improving.Construction labor wage growth has lagged behind labor productivity during the past 15 years and is expected to remain moderately sluggish, despite an increasingly tight labor market.

    Construction Material Outlook

    • Demand for construction materials is high, due to 2020 Tokyo Olympics and some renovation of aging buildings
    • Japanese rebar prices are expected to remain almost stable, with 1–2 percent change in 2017 and 2018
    • An upward trend in steel prices is expected to continue in 2017, as the domestic demand for construction materials is solid and inventory for steel is low

    Construction Labor Outlook

    • The total construction wage is expected to rise by 2.9 percent Y-o-Y in 2017, marginally decreasing from 3 percent Y-o-Y rise in 2016
    • Structural factors are responsible for decline in wages. The increasing segment of lower waged, non-regular workers has dripped the average wages
    • Base wages are rigid in the Japanese wage system, but these firms reduce bonus and payments, depending on short-term performance. Hence, declining the bargaining power of laborers

    Economic Profile: Japan

    In 2017, the Japanese economy is expected to grow by 1.6 percent, driven by fiscal stimulus, improved consumption, and better industrial production. The continued export momentum and the implementation of four supplementary budgets introduced since early 2016 will support the growth.

    The USD–Japanese Yen (JP¥) is expected to increase to higher levels in 2017, but at a slower rate. Broadly, JP¥ is expected to be allowed to depreciate to support the economy, especially from the export market, which has been recovering from a weak state.