Construction Industry Market by Type, Marketplace, Market Structure, Driving Innovations,  Business Insights and Growth Rate by 2029 | Market to Grow at 7.3% CAGR

Based on previous market performance, the Construction Industry market is expected to reach USD 17,247.96 billion in size by 2029. With a 7.3% CAGR.

Construction Industry Market Overview:      

The construction market is made up of entities that construct structures or engineering projects (organizations, single traders, and partnerships) (for example, highways and utility systems). This sector includes businesses that prepare sites for new development and those who subdivide land for sale as building sites. New construction, additions, changes, maintenance, and repairs are all part of the construction market.

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The construction industry in emerging countries is growing as governments increase infrastructure development spending in order to maintain economic growth in the future. Many public infrastructure development projects are using cleaner technology to reduce their carbon footprint.

Based on our expert's analysis the players that are leading the market includes: 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, Samsung C&T Corporation and Others.

The whole market is segmented as follows:

Construction Industry Market by Type, 2020-2029, (USD Million)

Building Construction
Heavy & Civil Engineering Construction
Specialty Trade Contractors
Land Planning And Development

Construction Industry Market by Building, 2020-2029, (USD Million)

Residential
Non-Residential

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Construction Industry Market' s top organizations are operating in a dynamic set-up, wherein they are required to incorporate unprecedented advances to reap benefits from the latest and upcoming information technologies and industry trends.

Regional Analysis:  

This report is segmented into several key Regions, with production, consumption, revenue and market share and growth rate of Construction Industry Market. These regions, from 2022 To 2029, covering North America, Europe, China, Japan, Southeast Asia, India, North America (USA, Canada and Mexico) Europe (Germany, France, UK, Russia and Italy) Asia-Pacific (China, Japan, Korea, India and Southeast Asia) and ROW.

Our Market Intelligence reports give our clients the information they need to maintain a competitive edge in the marketplace. Competitor Analysis and Profiling studies delve further into a company's competitive strengths and shortcomings. Market assessments conducted by SIS reveal market opportunities, size, and viability.

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This release was published on openPR.