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. 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. Global construction market is growing rapidly with young working demography aspiring to own homes. Increasing government expenditure and investment to improve domestic infrastructure and for sustaining economic growth is driving growth of the construction market, especially in developing countries.
A Recent report on global Construction Market has been recently published by Emergen Research that provides a comprehensive overview of the Construction Market industry with current and emerging market trends. The report aims at proving precise market information such as market trends, market size, market revenue growth, drivers, restraints, growth opportunities to the viewers, investors. The report also sheds light on top companies in the global Construction Market along with market segmentations such as product type, application and regional bifurcation.
Download Free Sample Report of Global Construction Market @ https://www.emergenresearch.com/request-sample/710
The study outlines the rapidly evolving and growing market segments along with valuable insights into each element of the industry. The industry has witnessed the entry of several new players, and the report aims to deliver insightful information about their transition and growth in the market. Mergers, acquisitions, partnerships, agreements, product launches, and joint ventures are all outlined in the report.
The leading market contenders listed in the report are:
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
Research Report on the Construction Market Addresses the Following Key Questions:
- Who are the dominant players of the Construction market?
- Which regional market is anticipated to have a high growth rate over the projected period?
- What consumer trends and demands are expected to influence the operations of the market players in the Construction market?
- What are the key growth drivers and restraining factors of the Construction market?
- What are the expansion plans and strategic investment plans undertaken by the players to gain a robust footing in the market?
- What is the overall impact of the COVID-19 pandemic on the Construction market and its key segments?
Browse Full Report Description + Research Methodology + Table of Content + Infographics@ https://www.emergenresearch.com/industry-report/construction-market
Emergen Research has segmented the global Construction market on the basis of type, type of care, and region
Segments Covered in this report are:
Type Outlook (Revenue, USD Billion; 2018–2028)
- Building Construction
- Heavy and Civil Engineering Construction
- Specialty Trade Contractors
- Land Planning & 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
In conclusion, the Construction Market report is an exhaustive database that will help readers formulate lucrative strategies. The Construction Market report studies the latest economic scenario with value, drivers, constraints, growth opportunities, challenges, demand and supply ratio, production capacity, import/export status, growth rate, and others. Additionally, the report also undertakes SWOT Analysis and Porter’s Five Forces Analysis to study the leading companies.
How will this Report Benefit you?
A 250-page report from Emergen Research includes 194 tables and 189 charts and graphics. Anyone in need of commercial, in-depth assessments for the global Construction market, as well as comprehensive market segment analysis, can benefit from our new study. You can assess the whole regional and global market for Construction with the aid of our recent study. To increase market share, obtain financial analysis of the whole market and its various segments. We think there are significant prospects in this industry for rapidly expanding energy storage technology. Look at how you may utilise the current and potential revenue-generating prospects in this sector. The research will also assist you in making better strategic decisions, enabling you to build growth strategies, strengthen competitor analysis, and increase business productivity.
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