Press release
Commercial Construction Market Is Booming Worldwide with Vinci, Bechtel, Kiewit
If you are a Commercial Construction manufacturer and would like to check or understand the policy and regulatory proposals, designing clear explanations of the stakes, potential winners and losers, and options for improvement then this article will help you understand the pattern with Impacting Trends. Click To get SAMPLE PDF (Including Full TOC, Table & Figures) https://www.htfmarketintelligence.com/sample-report/united-states-commercial-construction-market
According to HTF Market Intelligence, the Global Commercial Construction market to witness a CAGR of 4.70% during forecast period of 2023-2029. The market is segmented by Application (Lodging, Office, Automotive, Multi-retail, Drug store, Warehouse, Theme/amusement park, Sports, Fitness, Meeting center, Social center, Movie theater/studio, Manufacturing) by Type (New Construction, Repair and Maintenance, Refurbishment and Demolition) and by Geography (The West, Southwest, The Middle Atlantic, New England, The South, The Midwest). The Commercial Construction market size is estimated to increase by USD 106401.3 Million at a CAGR of 4.70% from 2023 to 2029. The report includes historic market data from 2019 to 2023E. Currently, market value is pegged at USD 336723.70Million
Definition:
The commercial construction industry is one of the many facets of the construction industry. This has a unique purpose, construction, and management techniques. It is mainly concerned with the built environment for trade-oriented establishments. Commercial construction is used for business purposes, including the construction of office buildings, industrial plants, and other related business operations. In certain situations, a commercial building must serve the purpose of running different companies in the same structure. In commercial construction, a new project is being developed that is based on several business decisions, which are also related to several people or interest groups. Commercial construction has extensive functions including shops, warehouses, theaters, hospitals, community buildings, and more. Most commercial buildings are provided with steel frames. In this way, the project justifies the cost and investment with steel. The commercial sector has a long-term relationship with suppliers. This way the materials in the project stay consistent. Commercial projects are usually large projects with larger buildings. Commercial projects, therefore, require powerful machines, large cranes, and sophisticated equipment. In general, commercial projects are funded by government agencies, developers, and bank finance companies.
Market Trends:
• Trends for the Commercial Construction Market Due To Dominance of the Tech Giants
• Increasing Technology Sector’s Presence
Market Drivers:
• Increase in Co-Working Spaces
• Rising Construction Activities All Around the Globe
Market Opportunities:
• The Continued Adoption of Digital Technologies
• Increasing Government Investments in the Sector
Revenue and Sales Estimation - Historical Revenue and sales volume are presented and further data is triangulated with top-down and bottom-up approaches to forecast complete market size and to estimate forecast numbers for key regions covered in the report along with classified and well-recognized Types and end-use industry.
SWOT Analysis on Commercial Construction Players
In addition to Market Share analysis of players, in-depth profiling, product/service, and business overview, the study also concentrates on BCG matrix, heat map analysis, FPNV positioning along with SWOT analysis to better correlate market competitiveness.
Demand from top-notch companies and government agencies is expected to rise as they seek more information on the latest scenario. Check the Demand Determinants section for more information.
Regulation Analysis
• Local System and Other Regulation: Regional variations in Laws for the use of Commercial Construction
• Regulation and its Implications
• Other Compliances
Have Any Query? Ask Our Expert @: https://www.htfmarketintelligence.com/enquiry-before-buy/united-states-commercial-construction-market
FIVE FORCES & PESTLE ANALYSIS:
In order to better understand market conditions five forces analysis is conducted that includes the Bargaining power of buyers, Bargaining power of suppliers, Threat of new entrants, Threat of substitutes, and Threat of rivalry.
• Political (Political policy and stability as well as trade, fiscal, and taxation policies)
• Economical (Interest rates, employment or unemployment rates, raw material costs, and foreign exchange rates)
• Social (Changing family demographics, education levels, cultural trends, attitude changes, and changes in lifestyles)
• Technological (Changes in digital or mobile technology, automation, research, and development)
• Legal (Employment legislation, consumer law, health, and safety, international as well as trade regulation and restrictions)
• Environmental (Climate, recycling procedures, carbon footprint, waste disposal, and sustainability)
Book Latest Edition of Commercial Construction Market Study @ https://www.htfmarketintelligence.com/buy-now?format=3&report=285
Heat map Analysis, 3-Year Financial and Detailed Company Profiles of Key & Emerging Players: Vinci SA (France), ACS Group (Spain), Bechtel (United States), Hochtief (Germany), Balfour Beatty (United Kingdom), Bouygues Construction (France), Kiewit Corporation (United States), Royal BAM Group (Netherlands), Laing O'Rourke (United Kingdom)
Geographically, the following regions together with the listed national/local markets are fully investigated:
• APAC (Japan, China, South Korea, Australia, India, and the Rest of APAC; the Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, and Sri Lanka)
• Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Belgium, Denmark, Austria, Norway, Sweden, The Netherlands, Poland, Czech Republic, Slovakia, Hungary, and Romania)
• North America (U.S., Canada, and Mexico)
• South America (Brazil, Chile, Argentina, Rest of South America)
• MEA (Saudi Arabia, UAE, South Africa)
Some Extracts from Commercial Construction Market Study Table of Content
Commercial Construction Market Size (Sales) Market Share by Type (Product Category) [New Construction, Repair and Maintenance, Refurbishment and Demolition] in 2023
Commercial Construction Market by Application/End Users [Lodging, Office, Automotive, Multi-retail, Drug store, Warehouse, Theme/amusement park, Sports, Fitness, Meeting center, Social center, Movie theater/studio, Manufacturing]
Global Commercial Construction Sales and Growth Rate (2019-2029)
Commercial Construction Competition by Players/Suppliers, Region, Type, and Application
Commercial Construction (Volume, Value, and Sales Price) table defined for each geographic region defined.
Supply Chain, Sourcing Strategy and Downstream Buyers, Industrial Chain Analysis
........and view more in complete table of Contents
Check it Out Complete Details os Report @ https://www.htfmarketintelligence.com/report/united-states-commercial-construction-market
Thanks for reading this article; you can also get individual chapter-wise sections or region-wise reports like Balkan, China-based, North America, Europe, or Southeast Asia.
Contact Us :
Craig Francis (PR & Marketing Manager)
HTF Market Intelligence Consulting Private Limited
Phone: +1 434 322 0091
sales@htfmarketintelligence.com
About Us:
HTF Market Intelligence is a leading market research company providing end-to-end syndicated and custom market reports, consulting services, and insightful information across the globe. HTF MI integrates History, Trends, and Forecasts to identify the highest value opportunities, cope with the most critical business challenges and transform the businesses. Analysts at HTF MI focuses on comprehending the unique needs of each client to deliver insights that are most suited to his particular requirements.
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