Construction Market Global Size, Top Key Players, Latest Trends, Regional Insights And Global Industry Dynamics By 2023 | China Railway Group Ltd, Vinci SA

The Business Research Company offers "Construction Global Market Report 2020-30: Covid 19 Impact and Recovery" in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market’s historic and forecast growth, and highlights important trends and strategies that players in the market can adopt.

The global construction market is expected to decline from $12744.5 billion in 2019 to $12633.9 billion in 2020 at a compound annual growth rate (CAGR) of -0.9%. The decline is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 8% from 2021 and reach $15482 billion in 2023.

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The construction market consists of the sales revenues earned by entities (organizations, sole traders and partnerships) that construct buildings or engineering projects (e.g., 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.

Construction companies are increasingly using autonomous construction vehicles and heavy equipment to improve productivity. These automated vehicles are equipped with sensors, cameras and GPS. Real-time data obtained from these devices helps in remote monitoring of jobsite and reduces construction time.

Construction Market Segmentation: -
By Type
1. Buildings Construction
2. Heavy And Civil Engineering Construction
3. Specialty Trade Contractors
4. Land Planning And Development

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Few Points From Table Of Content
1. Executive Summary
2. Report Structure
3. Construction Market Characteristics
4. Construction Market Product Analysis
5. Construction Market Supply Chain
……………
20. Construction Market Competitive Landscape
21. Key Mergers And Acquisitions In The Construction Market
22. Recommendations
23. Appendix

The report covers the trends and market dynamics of the construction market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.

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Some of the key players involved in the construction market are China State Construction Engineering Co Ltd; China Railway Group Ltd; China Railway Construction Corporation Limited; China Communications Construction Group Ltd; Vinci SA

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