Nonresidential Building Construction Market Business Outlook 2019 to 2030: Clark Construction Group; Turner Construction; Whiting-Turner Contracting

Nonresidential Building Construction Global Market Report 2020-30: Covid 19 Impact and Recovery

The non-residential building construction market consists of the sales revenues earned by entities (organizations, sole traders and partnerships) that construct non-residential buildings (including new work, additions, alterations, maintenance, and repairs). The establishments in this market include non-residential general contractors, non-residential for-sale builders, non-residential design-build firms, and non-residential project construction management firms. The non-residential building market includes new work, additions, alterations, maintenance, and repairs.

Asia Pacific was the largest region in the global nonresidential building construction market, accounting for 43% of the market in 2019. North America was the second largest region accounting for 30% of the global nonresidential building construction market. Africa was the smallest region in the global nonresidential building construction market.

The global nonresidential building construction market is expected to decline from $2752.9 billion in 2019 to $2737.1 billion in 2020 at a compound annual growth rate (CAGR) of -0.6%. 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 $3378.5 billion in 2023.

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This report provides a detailed analysis of the Nonresidential Building Construction market with description of market sizing and growth, segmentation of market by products & services and major markets, top market players etc. The report recapitulates the factors that will be responsible for the growth in the market in the forecasted period.

Companies Mentioned: Clark Construction Group; Turner Construction; Whiting-Turner Contracting; Balfour Beatty; China State Construction Engineering Corporation

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. According to World Green Building Trends Survey 2015, about 51% of construction firms in the UK were involved in green construction projects. Certifications such as Leadership in Energy and Environmental Design (LEED) help construction companies to develop high-performance, sustainable residential and commercial buildings, and also offer a variety of benefits, from tax deductions to marketing opportunities. Sustainable construction materials such as natural paints and steel beams made from recycled material are being widely used in the UK. Other green construction techniques such as cross-ventilation for more natural environment, green construction software such as Construction Suite to ensure green compliance, and Green Globes management tool are also being used in the construction industry.

Essential points covered in Global Nonresidential Building Construction Market2019 Research are:-

• What will the market size and the growth rate be in 2022?
• What are the key factors driving the global Nonresidential Building Construction market?
• What are the key markets trends impacting the growth of the global Nonresidential Building Construction market?
• What are the challenges to market growth?
• Who are the key vendors in the global Nonresidential Building Construction market?
• What are the market opportunities and threats faced by the vendors in the global Nonresidential Building Construction market?
• What are the key outcomes of the five forces analysis of the global Nonresidential Building Construction market?

This independent 125 pages report guarantees you will remain better informed than your competition. With over figures examining the Nonresidential Building Construction market, the report gives you a visual, one-stop breakdown of the leading products, submarket and market leader’s market revenue forecasts as well as analysis to 2022.

Geographically, this report is segmented into several key Regions, with Sales, revenue, Market Share (%) and Growth Rate (%) of Nonresidential Building Construction in these regions, from 2014 to 2022(forecast), covering Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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https://www.marketinsightsreports.com/reports/06022059261/nonresidential-building-construction-global-market-report-2020-30-covid-19-impact-and-recovery-including-1-by-type-institutional-buildings-commercial-buildings-2-by-end-user-sector-private-public-3-by-buidling-type-non-residential-smart-buildings-traditional-buildings-covering-clark-construction-group-turner-construction-whiting-turner-contracting-balfour-beatty-china-state-construction-engineering-corporation?source=OPENPR&Mode=NG23

Furthermore, the report provides a detailed analysis of the global Nonresidential Building Construction market with analysis of market size by value and volume. Along with this, an analysis of penetration rate and the average revenue generated per user (ARPU) in the market has also been done. The report also includes a detailed analysis of the global Nonresidential Building Construction market by countries, comprising of its market by value, volume, and ARPU and penetration rate.

Reasons for Buying this Report:

• Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
• Create regional and country strategies on the basis of local data and analysis.
• Identify growth segments for investment.
• Outperform competitors using forecast data and the drivers and trends shaping the market.
• Understand customers based on the latest market research findings.
• Benchmark performance against key competitors.
• Utilize the relationships between key data sets for superior strategizing.
• Suitable for supporting your internal and external presentations with reliable high quality data and analysis
• Report will be updated with the latest data and delivered to you within 3-5 working days of order.

The research includes historic data from 2014 to 2019 and forecasts until 2022 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs. The report will make detailed analysis mainly on above questions and in-depth research on the development environment, market size, development trend, operation situation and future development trend of Nonresidential Building Construction on the basis of stating current situation of the industry in 2019 so as to make comprehensive organization and judgment on the competition situation and development trend of Nonresidential Building Construction Market and assist manufacturers and investment organization to better grasp the development course of Nonresidential Building Construction Market

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This release was published on openPR.