The 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 Global Construction market drivers and restraints Market report focuses on current and future market growth, technological advancements, volume, raw materials, and profiles of the key companies involved in the market. The report provides valuable insights to the stakeholders, investors, product managers, marketing executives, and other industry professionals.
It provides a comprehensive evaluation of the global Construction market from various perspectives to deliver a detailed, informative, and precise analysis of regional growth, competition, and market segmentation, among other factors. Moreover, it also gives an accurate account of the significant breakthroughs and developments that influence the global Construction market. It also focuses on both the global as well as the regional expansion of the Construction industry to give an overall analysis.
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Key Companies Profiled in the Report:
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.
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)
Heavy and Civil Engineering Construction
Specialty Trade Contractors
Land Planning and Development
Building Outlook (Revenue, USD Billion; 2018–2028)
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)
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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Radical Features of the Construction Market Report:
The report encompasses Construction market overview along with market share, demand and supply ratio, production and consumption patterns, supply chain analysis, and other ley elements
An in-depth analysis of the different approaches and procedures undertaken by the key players to conduct business efficiently
Offers insights into production and manufacturing value, products and services offered in the market, and fruitful information about investment strategies
Supply chain analysis along with technological advancements offered in the report
The report covers extensive analysis of the trends, drivers, restraints, limitations, threats, and growth opportunities in the Construction industry
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