Global construction market size reached USD 12,639.41 Billion in 2020 and is expected to register a CAGR of 7.4% during the forecast period, according to latest analysis by Emergen Research. Growing demand for more environment-friendly homes with a lower carbon footprint along with open green spaces is expected to augment growth of the global construction market going forward. Rising awareness among investors regarding environmental protection is driving focus on construction materials and designs of homes that are more ecologically viable. Global construction market is growing rapidly with young working demography aspiring to own homes.

The current COVID-19 pandemic is expected to have an effect on the growth of the Construction industry majorly attributable to the movement restrictions and impact on the supply and demand due to the lockdowns. The COVID-19 pandemic has affected several sectors of the global market, and the Construction sector is expected to feel the impact of the pandemic. The economic slowdown and dynamic changes in the demands will further affect the growth of the industry. The report covers the impact analysis of the COVID-19 pandemic on the overall Construction industry.

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Key companies operating in the Construction market include:

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, and Samsung CT Corporation.

Key Objectives of the Report:

• Analysis and estimation of the Construction market size and share for the projected period of 2020-2027
• Extensive analysis of the key players of the market by SWOT analysis and Porter’s Five Forces analysis to impart a clear understanding of the competitive landscape
• Study of current and emerging trends, restraints, drivers, opportunities, challenges, growth prospects, and risks of the global Construction market
• Analysis of the growth prospects for the stakeholders and investors through the study of the promising segments
• Strategic recommendations to the established players and new entrants to capitalize on the emerging growth opportunities

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Emergen Research has segmented the construction market on the basis of type, building, construction machinery, end-use and region:

Type Outlook (Revenue, USD Billion; 2018–2028)

• Building Construction
• Heavy and Civil Engineering Construction
• Specialty Trade Contractors
• Land Planning and Development

Building Outlook (Revenue, USD Billion; 2018–2028)

• Residential Building
• Non-residential Building

Construction Machinery Outlook (Revenue, USD Billion; 2018–2028)

• Earth Moving Machinery
• Material Handling Machinery
• Concrete Road Construction Machinery

End-Use Outlook (Revenue, USD Billion; 2018–2028)

• Housing
• Healthcare
• Industrial
• Infrastructure
• Commercial
• Educational

Regional Analysis:

The report further examines the market in the key regions of the world with regard to production and consumption patterns, import/export, supply and demand ratio, revenue generation, market share and size, and presence of prominent players in the regions. The report also covers the expansion plans undertaken by companies in the regions under the regional analysis section.

Key regions in the market include:

• North America
  • S.
  • Canada
• Europe
  • K.
  • Italy
  • Germany
  • France
  • Rest of EU
• Asia Pacific
  • India
  • Japan
  • China
  • South Korea
  • Australia
  • Rest of APAC
• Latin America
  • Chile
  • Brazil
  • Argentina
  • Rest of Latin America
• Middle East Africa
  • Saudi Arabia
  • A.E.
  • South Africa
  • Rest of MEA

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