The Global Construction Industry Market size is estimated to be valued at USD 11,561.40 billion in 2023 and is projected to reach USD 17,247.96 billion by 2030, recording a CAGR of 7.3%.
A comprehensive examination of the recently released research report from Exactitude Consultancy, titled “Global Construction Industry Market Size, Share, Pricing, Trends, Growth, Opportunities, and Forecast 2024-2030” is presented. This study encompasses essential insights into the target market, including projections regarding potential revenue, customer demands, regional assessments, and the principal elements poised to influence the market’s future trajectory. The report offers insights into prominent companies operating in the industry, newcomers to the market, supply chain innovations, financial considerations, noteworthy industry events, technological advancements, and forthcoming strategies, including mergers and acquisitions. To present readers with a holistic perspective of the market, the report categorizes the global Construction Industry market based on criteria such as type, applications, distribution channels, geography, and more.
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Year Considered to Estimate the Market Size:
- Base Year of the Analysis: 2023
- Historical Period: 2018-2023
- Forecast Period: 2024-2030
The Construction Industry market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Construction Industry market.
Leading Key players included in this Report are:
Major players in the Construction Industry Market are identified through secondary research and their market revenues determined through primary and secondary research 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, Samsung C&T Corporation. among other domestic.
In March 2021, Samsung C&T Corporation won a USD 448.0 million construction deal for building the Mass Rapid Transit system in Singapore. As per the deal, Samsung C&T Corporation will be constructing additional and alteration works to the existing Hougang station along the North East Line. With this deal, Samsung C&T is expanding its presence in the infrastructure development segment globally.
In April 2021, Vinci SA acquired the core business of Spain’s Actividades de Construcción y Servicios SA for around USD 5.80 billion for expanding its presence in the renewable energies market. This deal also augments Vinci SA’s presence in Spain and Latin America.
Construction Industry Market Segmentation:
Construction Industry Market by Type, 2024-2030, (USD Million)
Heavy & Civil Engineering Construction
Specialty Trade Contractors
Land Planning And Development
Construction Industry Market by Building, 2024-2030, (USD Million)
Explore Full Report With Table of Contents:
◘ North America (United States, Canada, and Mexico)
◘ Europe (Germany, France, UK, Russia, and Italy)
◘ Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
◘ South America (Brazil, Argentina, Colombia, etc.)
◘ The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
Important Features that are under offering & key highlights of the report:
– Detailed overview of Construction Industry market
– Changing market dynamics of the industry
– In-depth market segmentation by Type, Application, etc.
– Historical, current and projected market size in terms of volume and value
– Recent industry trends and developments
– Competitive landscape of Construction Industry market
– Strategies of key players and product offerings
– Potential and niche segments/regions exhibiting promising growth
– A neutral perspective towards Construction Industry market performance
– Market player’s information to sustain and enhance their footprint
⏩ This study gives a detailed analysis of drivers, restrains, opportunities and challenges limiting the market expansion of Construction Industry market.
⏩ A descriptive analysis of demand-supply gap, estimation and forecast in the global Construction Industry market.
⏩ Porter’s five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.
⏩ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Construction Industry Market.
Following are some of the Most Important Questions that are Answered in this Report:
➟ What are the key regulatory frameworks governing significant sectors within the Construction Industry Market?
➟ Which technological advancements are exerting the most significant influence on the projected growth of the global Construction Industry Market?
➟ Who are the leading global enterprises currently exerting significant control over the majority of the Construction Industry Market?
➟ What primary business models are typically employed by the major companies in this market?
➟ What are the pivotal factors expected to impact the global expansion of the Construction Industry Market?
➟ How do major companies operating in the global Construction Industry Market space incorporate crucial strategies?
➟ What are the existing revenue contributions of various product categories in the global Construction Industry Market, and what changes are anticipated in this regard?
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