Construction Market Insights, Outlook, Industry Analysis, Share, Trends, Applications, Types and Forecasts 2028
Increasing urbanization driven by growing global
population and increasing demand for environment-friendly infrastructure are
some key factors driving market revenue growth
The latest
market study titled ‘Global Construction Market’, released by Emergen Research,
takes note of the most prominent growth potentials of the market, which assists
industry stakeholders in comprehending the most recent market trends and growth
prospects, besides helping them determine the prevailing growth opportunities
and competitive scenarios of the market. The report offers insightful data and
information gathered from a wide range of primary and secondary sources. Furthermore,
the report, which has been scrutinized using various essential tools, provides
a clear image of the growth potential of the market over the forecast timeframe
and helps investors identify market scope and opportunities accurately.
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.
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the report description: https://www.emergenresearch.com/request-sample/710
variable raw material cost across countries
makes it difficult for construction companies to use standardized products in
the same budget in different countries, which is a major factor expected to
hamper construction market growth to some extent during the forecast period.
The report comprises a
detailed analysis of the vital elements of the Construction market, including
key drivers, constraints, opportunities, limitations, threats, and micro- and
macro-economic factors.
Major
players in the Construction market 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 C&T Corporation.
The report offers an
industry-wide and economy-wide analysis of the market along with supply and
demand dynamics, sales, and production and manufacturing capacity. It also
reviews the rate of production and consumption, sales network and distribution
channel, pricing analysis, profit margins, cost and demand volatility,
import/export, gross revenue, among others. Financial difficulties brought by
the pandemic have slowed down the progression of the businesses, and
disruptions in the supply chains have been seen. The report assesses the
comprehensive impact of the pandemic on the overall growth of the Construction
market and offers a future impact assessment.
COVID Analysis
The research report draws
focus on the impact of the COVID-19
pandemic on the market and its crucial segments. It offers insights into
the effects of the pandemic on the global economic scenario and business
sphere. The report evaluates the key market influencing factors and considers
the COVID-19 pandemic as one of the contributing elements.
With a major focus on the growth trajectories of each
segment of the market, the report inspects the operating patterns of each
market contender, for instance, partnerships & collaborations, mergers
& acquisitions, and new product launches, in a detailed manner.
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Market Players Included, Request Here: https://www.emergenresearch.com/purchase-enquiry/710
The Construction market
intelligence report exhaustively examines the market value, share, demand,
growth prospects, latest and historical trends, manufacturers, gross revenue
collection, competitive terrain, market growth forecast, available products,
and end-use applications.
·
Type Outlook (Revenue, USD
Billion; 2018–2028)
o Building
Construction
o Heavy
and Civil Engineering Construction
o Specialty
Trade Contractors
o Land
Planning and Development
·
Building Outlook (Revenue, USD
Billion; 2018–2028)
o Residential
Building
o Non-residential
Building
·
Construction Machinery Outlook
(Revenue, USD Billion; 2018–2028)
o Earth
Moving Machinery
o Material
Handling Machinery
o Concrete
& Road Construction Machinery
·
End-Use Outlook (Revenue, USD
Billion; 2018–2028)
o Housing
o Healthcare
o Industrial
o Infrastructure
o Commercial
o Educational
Geographical Terrain of the Global
Construction Market:
·
North America (U.S., Canada, and Mexico)
·
Europe (Germany, France, the U.K, Russia,
and Italy)
·
Asia Pacific (China, Japan, Korea, India,
and Southeast Asia)
·
Latin America (Brazil, Argentina,
Colombia, etc.)
·
Middle East & Africa (Saudi Arabia,
UAE, Egypt, Nigeria, and South Africa)
Market
Estimation Timeline:
Historical Years:
2017-2018
Base Year: 2019
Estimated Year: 2027
Forecast Years: 2020-2027
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