MarketResearchReports.Biz
announces addition of new report" Market Insight - Key Success
Factors for Contractors and Sub-Contractors in the Global
Construction Market "to its database
MarketResearchReports.biz
has added a new market intelligence report to its elaborate database
on the construction industry. The report, titled “Market Insight -
Key Success Factors For Contractors And Sub-Contractors In The Global
Construction Market,”
provides insights into the global construction market from the
perspective of growth and opportunities for all contractors and
sub-contractors involved. The report concludes on the trends that
influence this market while pinpointing certain areas that can be
classified as strengths, weaknesses, opportunities, or threats.
The
report of 40 pages provides key insight into the global construction
market based on surveys conducted on multiple project owners and the
various categories of contractors in terms of their opinions and
performance.
184
project owners have been surveyed for this report, including
contractors and sub-contractors, from 2015 Q4. This survey was
conducted to create a better understanding of the major influential
factors acting on the global construction market.
The
report takes three factors as the top factors to be considered while
choosing a main contractor. These factors are delay resolution,
quality of work, and work on time. All three factors are important
when it comes to displaying the work quality of the project owners in
the global construction market. The three are different as the report
goes through different regions.
Asia
Pacific, Europe, and the Rest of the World all use the above factors
as the top three major ones, changing only in priority. The North
America construction market considers safety as the top concern,
above the given three factors.
The
report’s executive summary discusses the superficial factors
affecting the global construction market, such as the increasingly
sophisticated methods employed to select contractors, the
determination of safety as a primary factor, the growing pressure of
maintaining punctual work processes, and the overall role of quality
of output and its effect on the market’s differentiators.
View
Press Release Reports at :
http://www.marketresearchreports.biz/pressrelease/610
The
choice of main contractors in the global construction market is made
over multiple considerations. At the top of the list of factors that
determine whether a contractor is efficient or not is the punctuality
of the work. Most project owners have ranked working time as the
topmost factor while choosing a main contractor. Other factors
include regional influences, such as the importance of safety in
North America, or the manner in which company size can matter in
terms of delay resolution.
On
the selection of sub-contractors, the main contractors consider
quality assurance as a key determining factor. Other factors,
especially in North America, include the importance of safety and
quality of work. The size of the company is also considered while
looking from the perspective of innovativeness. Another factor
influencing the choice of sub-contractors is the flexibility of
payments.
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