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Construction Industry Trends and Forecast

The future of the global construction industry looks promising with opportunities in the residential, non-residential, and infrastructure building sectors. The global construction industry is forecast to reach $12.9 trillion by 2028 with a CAGR of 4.4% from 2023 to 2028. The major drivers for the growth of this market are increasing housing starts and rising infrastructure due to increasing urbanization and growing population.
Construction Industry by Type
 

Emerging Trends in Construction Industry

Emerging trends, which have a direct impact on the dynamics of the construction industry, include increasing demand for green construction to reduce carbon footprint, bridge lock-up device systems to enhance the life of structures, building information systems for efficient building management, and use of fiber-reinforced polymer composites for rehabilitation of aging structure.
This report of less than 196 pages has been developed to help in your business decisions. Sample figures with some insights are shown below.
Construction Industry by Segments
 

Construction Industry by Segment

In this industry, residential is the largest segment by type.

The study includes trends and forecast for the global construction industry by type and region, as follows:

Construction Industry by Type [$B shipment analysis for 2017 – 2028]:

  • Residential
  • Non-Residential
  • Soins de santé
  • Education
  • Hospitality
  • Retail
  • Office
  • Infrastructure           
  • Transport Infrastructure
  • Roads and Bridges
  • Power and Energy
  • Water and Wastewater
  • Autres

Construction Industry by Region [$B shipment analysis for 2017 – 2028]:

List of Construction Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies, construction companies cater to increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the construction companies profiled in this report include-

Construction Industry Insights

  • Within this market, residential construction will remain the largest segment, and it is also expected to witness the highest growth over the forecast period due to rising per capita income and higher disposable income.
  • Asia Pacific will remain the largest region due to increasing urbanization and higher expenditure on infrastructural development in this region. Growing population, increasing consumer spending, and affordable housing financing solutions in developing countries, such as India and China, are driving the construction industry in this region.

Features of Global Construction Industry

  • Market size estimates: Construction industry size estimation in terms of value ($B) shipment.
  • Trend and forecast analysis: Market trends (2017-2022) and forecast (2023-2028) by segment and region.
  • Segment analysis: Construction industry size by type
  • Regional analysis: Construction industry breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
  • Growth opportunities: Analysis on growth opportunities in different types and regions for construction.
  • Strategic analysis: This includes M&A, new product development, and competitive landscape for construction industry.
  • Analyse de l'intensité concurrentielle de l'industrie basée sur le modèle des cinq forces de Porter.

FAQ

Q1. What is the construction industry size?
Answer: The global construction industry is expected to reach an estimated $12.9 trillion by 2028.
Q2. What is the growth forecast for construction industry?
Answer: The construction industry is expected to grow at a CAGR of 4.4% from 2023 to 2028.
Q3. What are the major drivers influencing the growth of the construction industry?
Answer: The major drivers for this market are increasing housing starts and rising infrastructure due to increasing urbanization and growing population.
Q4. What are the major types for the construction industry?
Answer: Residential, non-residential, and infrastructure are the major types of construction.
Q5. What are the emerging trends in construction industry?
Answer: Emerging trends, which have a direct impact on the dynamics of the industry, include increasing demand for green construction to reduce carbon footprint, building information systems for efficient building management, and use of fiber-reinforced polymer composites for rehabilitation of aging structure.
Q6. Who are the key construction companies?
Answer: Some of the key construction companies are as follows:
  • China Railway
  • China Railway Construction
  • China Communication Construction
  • Grupo ACS
  • China State Construction Engineering
  • Vinci
  • Bouygues
  • HOCHTIEF
  • Metallurgical Corporation
Q7. Which will be the largest construction type segment in the future?
Answer: Lucintel forecasts residential construction to remain the largest type segment, and it is also expected to witness the highest growth over the forecast period due to rising per capita income and higher disposable income.
Q8. In construction industry, which region is expected to be the largest in the next five years?
Answer: Asia Pacific is expected to be the largest region over the next five years.
Q9. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
 

This report addresses the following key questions:

Q. 1. What are some of the most promising, high growth opportunities for the global construction industry by type (residential, non-residential, and infrastructure) and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q. 2. Which products segments will grow at a faster pace and why?
Q. 3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the drivers, challenges, and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market and which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are being initiated by key companies for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by product substitution?
Q. 11. What M&A activity has occurred in the last 5 years?

For any questions related to construction industry or related to top construction companies, construction manufacturers, largest construction companies, construction manufacturer, construction company, construction manufacturing, construction industry, write Lucintel analyst at email: helpdesk@lucintel.com we will be glad to get back to you soon.
Table des matières
 
 
1. Executive Summary
 
2. Market Background and Classifications
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
 
3. Market Trends and Forecast Analysis from 2017 to 2028
3.1: Macroeconomic Trends and Forecasts
3.1: Global Construction Industry Trends and Forecast
3.2: Global Construction Industry by Type
3.2.1 Residential
3.2.2 Non-Residential
3.2.3 Infrastructure
 
4. Market Trends and Forecast Analysis by Region
4.1: Global Construction Industry by Region
4.2: North American Construction Industry
4.2.1 North American Construction Industry Market by Type
4.2.2 The United States Construction Industry
4.2.3 The Canadian Construction Industry
4.2.4 The Mexican Construction Industry
4.3: European Construction Industry
4.3.1: European Construction Industry Market by Type
4.3.2: Germany Construction Industry of
4.3.3: The French Construction Industry
4.3.4: United Kingdom Construction Industry of the
4.3.5: The Russian Construction Industry
4.3.6: The Spanish Construction Industry
4.3.7:The Italian Construction Industry
4.4: APAC Construction Industry
4.4.1: APAC Construction Industry Market by Type
4.4.2: Indian Construction Industry
4.4.3: Japanese Construction industry
4.4.4: The Chinese Construction Industry
4.5: ROW Construction Industry
4.5.1: Brazilian Construction Industry
4.5.2: UAE Construction Industry
 
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Market Share Analysis
5.3: Geographical Reach
5.4: Porter’s Five Forces Analysis
 
6. Cost Structure Analysis
6.1: Cost of Goods Sold
6.2: SG&A
6.3: EBITDA Margin
 
7. Growth Opportunities and Strategic Analysis
7.1: Growth Opportunity Analysis
7.1.1: Growth Opportunities for the Global Construction Industry by Type
7.1.2: Growth Opportunities for the Global Construction Industry by Region
7.2: Emerging Trends in the Global Construction Industry
7.3: Strategic Analysis
7.3.1: Emerging projects in the global construction industry by Major Players
7.3.2: Certification and Licensing
7.3.3: Mergers, Acquisitions, Joint Ventures, and Other Collaborations in the Global Construction Industry
7.3.4: Technological Development
 
8. Company Profiles of Leading Players
8.1: China State Construction Engineering Corporation
8.2: China Railway Group Limited
8.3: VINCI SA
8.4: China Railway Construction Corp. Limited
8.4: Metallurgical Corporation of China
8.5: Grupo Acs
8.6: Bouygues SA
8.7: Skanska AB
8.8: Obayashi Corporation
8.9: D.R. Horton, Inc.
 
 
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91 figures/charts and 60 tables are provided in this 196 - page report
LucIntel est dans le domaine des études de marché et de la gestion depuis 2000 et a publié plus de 1000 rapports de renseignement sur le marché sur divers marchés / applications et a servi plus de 1 000 clients dans le monde. Cette étude est un point culminant de quatre mois d'efforts à temps plein réalisés par l'équipe d'analystes de Lucintel. Les analystes ont utilisé les sources suivantes pour la création et l'achèvement de ce précieux rapport:
  • Interviews approfondies des principaux acteurs de ce marché
  • Des recherches secondaires détaillées des états financiers des concurrents et des données publiées 
  • Des recherches approfondies des travaux publiés, du marché et des informations sur la base de données concernant les actualités de l'industrie, les communiqués de presse de l'entreprise et les intentions des clients
  • Une compilation des expériences, des jugements et des idées des professionnels de Lucintel, qui ont analysé et suivi ce marché au fil des ans.
Des recherches approfondies et des entretiens sont menées dans toute la chaîne d'approvisionnement de ce marché pour estimer la part de marché, la taille du marché, les tendances, les moteurs, les défis et les prévisions. Vous trouverez ci-dessous un bref résumé des entretiens principaux qui ont été menés par la fonction de travail pour ce rapport.
 
Ainsi, LucIntel compile de grandes quantités de données provenant de nombreuses sources, valide l'intégrité de ces données et effectue une analyse complète. LucIntel organise ensuite les données, ses résultats et ses informations sur un rapport concis conçu pour soutenir le processus de prise de décision stratégique. La figure ci-dessous est une représentation graphique du processus de recherche de Lucintel. 
 

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