Study on Forecasting Green Infrastructure Construction Market

다국어 초록 (Multilingual Abstract)

Green growth has recently recognized as one of the main solutions for minimizing unpleasant environmental aspects of theconstruction industry. Leading by some of the developed countries, such as United States of America, outstanding changes to theconstruction practices have been made to change the industry more environment-friendly. This study tries to analyze the impacts ofthis green effort to the infrastructure market and to forecast future trends in terms of the market values. Market forecasting wasperformed targeting to three different regions, United States of America, Korea, and global construction market. Carbon trading,renewable energy as well as green building markets are analyzed since they have great impacts on the infrastructure construction interms of going green. The forecasting results revealed that the green infrastructure market would rapidly grow in the next decade andconsequently lead changes to the industry business practices. Lacking of market forecasting data could hamper the industry to lessactively respond to greening movements. This study is intended to solve this problem and is one of the first attempts to quantify theimpacts of green growth on the Korean infrastructure construction market.

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