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The Global Construction Market is forecast to grow by $1123.8 bn during 2022-2027, accelerating at a CAGR of 5.3% during the forecast period

ReportLinker
ReportLinker

Global Construction Market 2023-2027. The analyst has been monitoring the construction market and is forecast to grow by $1123.8 bn during 2022-2027, accelerating at a CAGR of 5.3% during the forecast period.

New York, Jan. 12, 2023 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Construction Market 2023-2027" - https://www.reportlinker.com/p05770954/?utm_source=GNW
Our report on the construction market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increased investment in infrastructure, expanding manufacturing and distribution facilities, and increasing focus on building earthquake-resilient buildings.

The construction market is segmented as below:
By Type
• Buildings construction
• Heavy &civil engineering
• Land planning and development
• Specialty trade contractors

By End-user
• Private sector
• Public sector

By Geographical Landscape
• APAC
• Europe
• North America
• Middle East and Africa
• South America

This study identifies the emergence of smart cities as one of the prime reasons driving the construction market growth during the next few years. Also, the adoption of dry construction techniques and the development of green buildings will lead to sizable demand in the market.

The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the construction market covers the following areas:
• Construction market sizing
• Construction market forecast
• Construction market industry analysis

This robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading construction market vendors that include Actividades de Construccion y Servicios SA, Al Habtoor Group LLC, BAUER AG, Bechtel Corp., Bennett Construction Ltd., China Railway Group Ltd., China State Construction Engrg. Corp. Ltd., Christiansen and Essenbaek AS, Colas SA, Eiffage, EKE Group, Etex NV, Hindustan Construction Co. Ltd., Larsen and Toubro Ltd., MCC, Shimizu Corp., Skanska AB, Vinci SA, ZEPPELIN GmbH, and Lendlease Corp.. Also, the construction market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio’s market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Read the full report: https://www.reportlinker.com/p05770954/?utm_source=GNW

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