Bharat Book Bureau Provides the Trending Market Research Report on “Construction Market Summary, Competitive Analysis and Forecast, 2017-2026” under Heavy Industry Research Report Category. The report offers a collection of superior Market research, Market analysis, competitive intelligence and Market reports.
Global Construction Market, Forecast 2017-2026
Summary
Global Construction industry profile provides top-line qualitative and quantitative summary information including: Industry size (value 2017-21, and forecast to 2026). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the Industry.
Key Highlights
- The construction market is defined as the value of work put in place annually for both, residential and non-residential construction.
- The non-residential construction market includes five key construction sectors: commercial & leisure, energy & utilities, industrial, infrastructure, and institutional.
- The residential construction market is defined as the value of work put in place annually for residential buildings.
- Market value is defined as the output value of construction activity in any given time period, including costs related to construction materials, equipment and services in new construction, refurbishment, repair and maintenance and demolition.
- All market data and forecasts are represented in nominal terms (i.e., without adjustment for inflation) and all currency conversions used in the creation of this report have been calculated using constant 2021 annual average exchange rates.
- Forecasts are based partly on projections for key indicators and drivers of construction activity, and these are correlated against historic data and used to predict output over a five-year time horizon. Adjustments are made based on a range of factors, including government investment programs, major upcoming events and developments relating to projects.
- The global Construction industry had total revenues of $12,845.9bn in 2021, representing a compound annual growth rate (CAGR) of 5.8% between 2016 and 2021.
- The Non-Residential Construction segment was the industry's most lucrative in 2021, with total revenues of $7,519.6bn, equivalent to 58.5% of the industry's overall value.
- Decline in 2020 of 1.1% was likely due to economic disruption induced by the COVID-19 pandemic. This significantly hampered economic activity and resulted in the cancellation and delays of many construction projects.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the global construction Industry
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the global construction Industry
- Leading company profiles reveal details of key construction Industry players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the global construction Industry with five year forecasts
Reasons to Buy
- What was the size of the global construction Industry by value in 2021?
- What will be the size of the global construction Industry in 2026?
- What factors are affecting the strength of competition in the global construction Industry?
- How has the Industry performed over the last five years?
- What are the main segments that make up the global construction Industry?
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