Construction Market Trend, Demand, Growth Analysis and Industry Forecast 2021-2028
The Global Construction Market Market Report, published by Emergen Research, comes with an exhaustive analysis of the major segments of the global Construction Market market and estimates the overall market growth over the forecast timeline of 2021-2028. The latest research report can be viewed as a valuable source of viable data and information pertaining to this particular business vertical. It provides a complete overview of the Construction Market industry, considering the future growth analysis, demand, and supply graphs, as well as historical and future costs and revenue generation.
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. Growing demand for more environment-friendly homes with a lower carbon footprint along with open green spaces is expected to augment growth of the global construction market going forward. Rising awareness among investors regarding environmental protection is driving focus on construction materials and designs of homes that are more ecologically viable.
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The pandemic has substantially contributed to the downturn of the Construction Market industry, which has been left financially beleaguered since the beginning of the COVID-19 lockdown. Hence, the report highlights the financial obstacles that have slowed the progress of numerous businesses in this sector and disrupted the supply chains.
Geographical Terrain of the Global Construction Market 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)
Some Key Highlights From the Report
- Land planning and development segment revenue is expected to expand at a significantly robust CAGR during the forecast period. Increasing demand for optimal utilization of available resources along with need to contemplate future condition of the property are expected to boost revenue growth of this segment going ahead.
- In terms of revenue share, the residential segment is expected to register significant growth over the forecast period due to increasing demand for residential projects with young working demography aspiring to purchase or rent homes on their own.
- Increasing demand for large commercial, residential, and infrastructure projects due to rapidly growing economies is expected to foster revenue growth of the material handling machinery segment. Growing automation of material handling machinery with an aim to control these remotely is a key factor expected to augment revenue growth of the material handling machinery segment in construction market during the forecast period.
- Factors such as increasing population as well as robust presence of major players in Asia Pacific is expected to drive growth of the construction market in the region during the forecast period.
The report draws focus on the present economic situations, with an emphasis on the item value, benefit, limit, generation, supply, and market development rate. Additionally, the report includes a SWOT analysis, venture return investigation, and speculation attainability investigation.
Taking into account the existing market development factors, historical events, and recent market trends, the study presents a balanced opinion on the future scenario of the global Construction Market market. It thus supports its opinion by discussing the key corporate strategies, such as mergers & acquisitions, takeovers, joint ventures, and strategic alliances, used by the market players to strengthen their global footprint.
Major players in the 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.
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Our analysts have performed an accurate examination of the various aspects of the global market leveraging avant-garde primary and secondary sources of data collection, along with other analytical tools like SWOT Analysis and Porter’s Five Forces Analysis. The report has gathered the necessary data and information from several reliable sources. Additionally, the report offers many strategic recommendations for companies involved in this ever-growing business sector to help them attain a competitive edge in the global Construction Market market.
The latest research report specializes in the in-depth analysis of the macroeconomic and microeconomic factors affecting the global Construction Market market development. The report also concentrates on the regulatory framework that is shaping the future of the global market. New and existing pricing structures, emerging application areas, and upcoming investment opportunities have also been detailed in the report.
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
The latest report elaborates on the current COVID-19 impact on the global economy, as well as this specific business vertical, with an in-depth analysis of the present and future effects of the outbreak. Our analysts speculate that the Construction Market market will regain traction in the post-COVID-19 market situation.
Analytical Tools Analysis: The report discusses the leading market participants and their market scope, leveraging various analytical tools. Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis, are some of the analytical tools used by researchers for this market study.
Table Of Content:
Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.4. Research Sources
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2021–2028
Chapter 3. Key Insights
Chapter 4. Construction Market Segmentation & Impact Analysis
4.1. Construction Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
22.214.171.124. Rapid urbanization due to growing population
126.96.36.199. Increasing demand for environment friendly infrastructure
188.8.131.52. Economic growth in emerging economies
184.108.40.206. Lowering of interest rates in developing countries
4.2.3. Market restraints analysis
220.127.116.11. Variable raw material costs across countries
18.104.22.168. Concerns regarding health and working condition of construction laborers
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
Chapter 5. Construction Market By Type Insights & Trends, Revenue (USD Billion)
5.1. Type Dynamics & Market Share, 2021–2028
5.1.1. Building Construction
5.1.2. Heavy and Civil Engineering Construction
5.1.3. Specialty Trade Contractors
5.1.4. Land Planning and Development
The report aims to answer the most common queries related to the global Construction Market market:
- What is the scope of innovation in the current market landscape?
- What are the current trends dictating global market growth?
- What is the projected value of the market in 2028?
- Which regional market is expected to witness the highest CAGR during the forecast period?
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