Take Up Construction Market Opportunities with Clear Industry Data – Includes Construction Market Size
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Major players in the construction market include China State Construction Engineering Co Ltd, China Railway Group Ltd, China Railway Construction Corporation Limited, Vinci S.A, Grupo ACS.
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 construction market is expected to reach from $13.57 trillion in 2021 to $22.87 trillion in 2026 at a rate of 9.8%. The global construction market size is then expected to grow at a CAGR of 11.5% from 2026 and reach $39.35 trillion in 2031.
Asia Pacific was the largest region in the construction market.
The construction market consists of the sales revenues earned by entities (organizations, sole traders and partnerships) that construct buildings or engineering projects (for example, highways and utility systems). Establishments that prepare sites for new construction and those that subdivide land for sale as building sites are included in this market. The construction market includes new work, additions, alterations, maintenance, and repairs.
Rapid growth in investments in renewable power generation capacities is expected to drive the construction market in the forecast period.
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 Construction Market Report Segments:
By Type of Construction: Buildings Construction, Heavy And Civil Engineering Construction, Specialty Trade Contractors, Land Planning And Development
By End User Sector: Public, Private
By Geography: North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
The Construction Market Report 2022–Opportunities And Strategies – Global Forecast To 2031 is one of a series of new reports from The Business Research Company that provides an overview of the construction market globally and regionally, analyzes and forecasts market size, share, construction market players, construction market segments, leading competitor revenues, profiles and market shares.
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