Global construction market size reached USD 12,639.41 Billion in 2020 and is expected to register a CAGR of 7.4% during the forecast period, according to latest analysis by Emergen Research. Rapid urbanization with increasing global population is expected to continue to drive construction market revenue growth to a significant extent during the forecast period. This steady revenue growth can be attributed to increasing population in Asia Pacific in countries such as India and China among others and rising need for residential and commercial infrastructure and projects.
The latest market research report on Construction market, samples and measures quality data on the overall business environment for the forecast period 2021-2028. Comprehensive data on growing investment pockets evaluated in the report on Construction market are powered and backed by human answers. Comprehensive coverage of aspects such as market potential, size, share, and growth aims at creating an equation for profitability- whether stakeholders, business owners, and field marketing executives need to understand their market foothold
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Key companies profiled in the report include:
China State Construction Engineering Co., Ltd., Al Habtoor Group LLC, Larsen Toubro Ltd., Bauer Group Ltd., China Communications Construction Group Ltd., Skanska AB, Vinci SA, Actividades de Construcción Y Servicios SA, Bechtel Corporation, and Samsung CT Corporation.
Furthermore, the report supplies an in-depth understanding and insight into the leading manufacturers and players with a brief overview of their business. This section deals with the latest business moves, product launches, strategic collaborations, technological advancements, and profitable business ventures. The report also includes revenue estimations and CAGR of the Construction market in the coming years.
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The report further divides the Construction market into key segments such as types, applications, end-user industries, technologies, and key regions of the market. The report also sheds light on the segment and region exhibiting promising growth in the Construction market.
Emergen Research has segmented the construction market on the basis of type, building, construction machinery, end-use and region:
Type Outlook (Revenue, USD Billion; 2018–2028)
- Building Construction
- Heavy and Civil Engineering Construction
- Specialty Trade Contractors
- Land Planning and Development
Building Outlook (Revenue, USD Billion; 2018–2028)
- Residential Building
- Non-residential Building
Construction Machinery Outlook (Revenue, USD Billion; 2018–2028)
- Earth Moving Machinery
- Material Handling Machinery
- Concrete Road Construction Machinery
End-Use Outlook (Revenue, USD Billion; 2018–2028)
Regional analysis includes an in-depth study of the key geographical regions to gain a better understanding of the market and provide an accurate analysis. The regional analysis covers North America, Latin America, Europe, Asia Pacific, and Middle East Africa. The regional analysis covers the analysis of key market segments, including revenue, CAGR, import/export, supply and demand ratio, production and consumption ratio, industrial chain analysis, and market dynamics in each region of the geographies.
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Key Questions Answered by the Report:
Which region is expected to dominate the market in the coming years?
What are the recent technological and product advancements occurring in the market?
What are the key strategies adopted by the prominent players in the Construction market?
What are the key product types and applications of the Construction industry?
What is the outcome of SWOT analysis and Porter’s Five Forces analysis?
How is the competitive landscape of the Construction market?
Who are the key players in the industry?
What is the growth rate of the industry over the coming years?
What will be the valuation of the Construction Market by 2027?
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