Dublin, Sept. 25, 2020 (GLOBE NEWSWIRE) -- The "Global Construction Industry Databook Series - Market Size & Forecast (2015 - 2024) by Value and Volume (area and units) across 40+ Market Segments, Opportunities in Top 100 Cities, and Risk Assessment - COVID-19 Update Q2 2020" report has been added to ResearchAndMarkets.com's offering.
The global construction industry is expected to record a CAGR of 9.2% to reach USD 11093.7 billion by 2024. The residential construction industry in value terms increased at a CAGR of 6.0% during 2015-2019. The commercial building construction market in value terms is expected to record a CAGR of 10.4% over the forecast period. The infrastructure construction was estimated to be USD 2.7 billion in 2019, posting a CAGR of 4.7% during review period.
Covid-19 outbreak has severely impacted business and consumer sentiment across key global markets, leading to building construction sectors recording lowest growth in years. Though recovery is expected to begin starting Q1 2020, it will take at least 6-8 quarters before residential and commercial construction sectors return to a stable growth trajectory. Relatively speaking, the publisher expects growth in affordable housing segment to bounce back faster than mid-tier and luxury segments. Office and retail segments are expected to witness a slow recovery as collapsed demand will take 6-8 quarters to recover completely. Infrastructure construction sector is expected to maintain growth momentum, supported by public spending.
This report provides data and trend analyses on global construction industry, with over 100 KPIs. This is a data-centric report and it provides trend analyses with over 2,1000+ charts and 1,500+ tables. It details market size & forecast, emerging trends, market opportunities, and investment risks in over 40 segments in residential, commercial, industrial, institutional, and infrastructure construction sectors.
It provides a comprehensive understanding of construction industry sectors in both value and volume (both by activity and units) terms. The report focuses on combining industry dynamics with macro-economic scenario and changing consumer behavior to offer a 360-degree view of the opportunities and risks.
In addition to country level analysis, this report offers a detailed market opportunity assessment across top 150 cities, helping clients assess key regions to target within the city.
Report Scope
Market Data and Insights: This report provides market size and forecast across 40+ construction segments for a period of 10 years from 2015-2024 globally.
KPIs covered include the following:
- Market size by value
- Market size by volume of construction
- Number of units
Residential Building Construction Coverage: 10-year market size & forecast in value and volume (area and units) terms by
- Housing type (multi family, single family)
- Key cities (Tier - 1, Tier - 2, Tier - 3 segmentation)
- Top 10 cities in Country
- Price point / income level (luxury, mid-tier, affordable)
- Construction stage (new construction, re-development, maintenance)
Commercial Building Construction Coverage: 10-year market size & forecast in value and volume (area and units) terms by
- Office building (further broken down by Grade A, Grade B, and Grade C)
- Retail building
- Hospitality and luxury building
- Restaurant
- Entertainment
- Sports facility
- Construction stage (new construction, re-development, maintenance)
- Key cities (Tier - 1, Tier - 2, Tier - 3 segmentation)
- Top 10 cities in Country
Industrial Building Construction Coverage: 10-year market size & forecast in value and volume (area and units) terms by
- Manufacturing plants
- Chemical & pharmaceutical
- Metal & material processing
- Construction stage (new construction, re-development, maintenance)
- Key cities (Tier - 1, Tier - 2, Tier - 3 segmentation)
- Top 10 cities in Country
Institutional Building Construction Coverage: 10-year market size & forecast in value and volume (area and units) terms by
- Healthcare construction
- Educational construction
- Public sector
- construction stage (new construction, re-development, maintenance)
- Key cities (Tier - 1, Tier - 2, Tier - 3 segmentation)
- Top 10 cities in Country
Infrastructure Construction Sectors: 10- year market size & forecast in value terms by
- Marine and inland water infrastructure
- Utility system construction (oil and gas infrastructure, communication infrastructure, power infrastructure, water and sewer infrastructure)
- Transportation infrastructure (highway, street and bridge construction, railway construction, airport construction, and tunnel construction)
- Construction stage (new construction, re-development, maintenance)
- Country Covered:
- United Arab Emirates
- Qatar
- China
- India
- Australia
- South Korea
- Indonesia
- Philippines
- Bangladesh
- Vietnam
- Sri Lanka
- United Kingdom
- Russia
- Brazil
- United States
Reason to Buy
- In-depth Understanding of Construction Market Dynamics: Understand market opportunity, industry dynamics, key trends and drivers across 40+ market segments and sub-segments of global building and infrastructure construction industry.
- Volume and Value Data: Get a detailed understanding of the market both from value and volume (both by activity and units) perspective for the historical as well as the forecast period
- Develop Market Specific Strategies: Identify growth segments and target specific opportunities to formulate your strategy; assess market specific key trends, drivers and risks in the construction industry.
- City Level Insights: Get city level trend analyses to identify unique opportunities across key cities and also by tier-1, tier-2, and tier-3 cities.
For more information about this report visit https://www.researchandmarkets.com/r/7ovu3u
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