Take Up Global Buildings Construction Market Opportunities With Clear Industry Data – Includes Buildings Construction Market Share
The Business Research Company’s report goes into great detail on the buildings construction market size and growth, buildings construction market regional analysis, buildings construction market competitive landscape, and other critical information needed to excel in the buildings construction industry.
Major players in the buildings construction market include China State Construction Engineering Corporation Ltd., China Evergrande Group, Country Garden Holdings Co Ltd, Sunac China Holdings Ltd., and Greenland Holding Group.
TBRC’s comprehensive market report based on extensive research will assist you in seamlessly devising your approaches in order to match key market player strategies.
The global building construction market is expected to grow from $6529.74 billion in 2021 to $7361.37 billion in 2022 at a compound annual growth rate (CAGR) of 12.7%. The growth in the building construction market is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The building construction market is expected to reach $11475.81 billion in 2026 at a CAGR of 11.7%.
Asia Pacific was the largest region in the building construction market in 2021.
The building construction market consists of sales of buildings construction services and related goods by entities (organizations, sole traders and partnerships) that construct buildings. Establishments that prepare sites for new construction and those that subdivide land for sale as building sites are included in this market. The building construction market includes new work, additions, alterations, maintenance, and repairs.
The population profile of most countries is becoming older, increasing the demand for elderly friendly infrastructure.
Building construction companies are increasingly using green construction techniques to build energy efficient buildings and reduce construction costs. Green construction refers to the practice of using sustainable building materials and construction processes to create energy-efficient buildings with minimal environmental impact.
TBRC’s Global Buildings Construction Market Report Is Segmented:
By Type: Residential Building Construction, Nonresidential Building Construction
By End User Sector: Private, Public
By Buidling Type: Smart Buildings, Traditional Buildings
Subsegments Covered: Single-Family Housing Construction (Individual Houses), Multifamily Housing Construction (Apartments), New Housing For-Sale Builders, Residential Remodelers, Institutional Buildings, Commercial Buildings
The Buildings Construction Global Market Report 2022- Market Size, Trends, And Global Forecast 2022 – 2026 is one of a series of new reports from The Business Research Company that provides an overview of the buildings construction market globally and regionally, analyzes and forecasts market size, share, buildings construction market players, buildings construction market segments, leading competitor revenues, profiles and market shares.
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