Building Construction Market Set for Explosive Growth | VINCI, Bechtel Bouygues, Power China

According to HTF Market Intelligence, the Global Building Construction market to witness a CAGR of 10% during forecast period of 2023-2028. The market is segmented by Global Building Construction Market Breakdown by Type (Residential Construction, Commercial Construction, Industrial Construction, Infrastructure Construction) by By Size of Project (Small-Scale, Mid-Scale, Large-Scale Projects) by By Services (Design and Build, Construction Management, General Contracting) by By End-User (Government Agencies, Private Developers, Others) and by Geography (North America, South America, Europe, Asia Pacific, MEA). The Building Construction market size is estimated to increase by USD 5709.1 Billion at a CAGR of 10% from 2023 to 2028. The report includes historic market data from 2017 to 2022E. Currently, market value is pegged at USD 5412.80 Billion.

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Definition:
The building construction market refers to the industry involved in the design, planning, construction, and maintenance of buildings and other structures. This market includes a range of activities, including the construction of residential, commercial, and industrial buildings, as well as infrastructure such as roads, bridges, and tunnels.

Building Construction market - Key Segment Analysis

The market share growth by the Residential Construction segment will be significant during the forecast period. The segment is driven by the Economic conditions: Economic conditions are a major driver of the building construction market. When the economy is doing well and there is strong demand for new buildings, the construction industry tends to thrive. Conversely, during a recession or economic downturn, demand for new construction projects may decline..

Building Construction market - Competition Analysis
The global Building Construction market is seeing several joint ventures to intensify the capability of manufacturers and/or companies to establish geographic footprints to new territory. The vendors are accelerating M&A strategies to expand their geographical reach, which is shaping the market toward new growth cycle. The list of players that are profiled in the study are VINCI (France), Actividades de Construcción y Servicios (Spain), Bechtel (United States), China Communications Construction Company (China), Larsen and Toubro (India), Bouygues (France), Power China (China), Skanska AB (Sweden), Hochtief Aktiengesellschaft (Germany), Technip FMC (United Kingdom), Balfour Beatty (United Kingdom), STRABAG (Austria), China State Construction Construction Engineering Corp. Ltd. (China), Kiewit Corporation (United States), Laing O'Rourke (United Kingdom), Whiting-Turner (United States), Turner Construction (United States), Gilbane Building Company (United States).

Building Construction market - Geographical Outlook
Asia Pacific will provide maximum growth opportunities in Building Construction market. According to our research, the region will account for xx% of the global market growth during the forecast period. The market in Asia Pacific is driven by Sustainability: The construction industry is increasingly focusing on sustainable building practices, including energy-efficient design, use of sustainable materials, and minimizing waste during construction..

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What key data is demonstrated in this Building Construction market report?
• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the Building Construction market between 2023 and 2028
• Precise estimation of the size of the Building Construction market and its contribution to the parent market
• Accurate predictions about upcoming trends and changes in consumer behaviour
• Value in dollar term and growth of the market industry across APAC, Europe, North America, South America, and Middle East and Africa; further broken down by major country within region.
• Thorough analysis of the market's competitive landscape and detailed information about vendors
• Comprehensive analysis of factors that will challenge the growth of Building Construction market players

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Some Extracts from Table of Content
Some Extracts from Table of Content
- Overview of Building Construction Market
- Market dynamics
Growth Drivers, Market Trends, Opportunities and Challenges
- Five Forces Analysis
Bargaining power of buyers, bargaining power of suppliers, Threat of new entrants, Threat of substitutes, Threat of rivalry

- Building Construction Size (USD & Sales Volume) Comparison by Type (2017-2028)
- Building Construction Size (USD & Consumption) and Market Share Comparison by Application (2017-2028)
- Building Construction Size (Value & Volume) Comparison by Region (2017-2028)
- Market Capacity, Production, Export-Import by Region (2017-2022E)
- Building Construction Market Sales, Revenue and Growth Rate (2017-2028)
- Competitive Situation and Trends
- Market Positioning and Share Analysis (2020-2022E)
- Suppliers High-Performance Operational Base Distribution
- Analyse competitors, Profiles, Sales Area, Product Category
- Building Construction Cost Analysis
- Marketing Strategy Analysis
- Research Conclusions

Craig Francis (PR & Marketing Manager)
HTF Market Intelligence Consulting Private Limited
Phone: +1 434 322 0091
sales@htfmarketintelligence.com

About Author:
HTF Market Intelligence Consulting is uniquely positioned to empower and inspire with research and consulting services to empower businesses with growth strategies, by offering services with extraordinary depth and breadth of thought leadership, research, tools, events, and experience that assist in decision-making.

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