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Global Institutional Buildings Market 2023 Recent Trends, Development Strategies, Future Scope And Forecast To 2032 | Major Players Are China State Construction Engineering Co. Ltd., Shanghai Construction Group Co. Ltd., Clark Construction Group LLC, The
Institutional Buildings Market
Institutional Buildings Market Size, Growth Rate, And Forecast:
The global institutional buildings market size is expected to grow from $966.33 billion in 2022 to $1,000.04 billion in 2023 at a compound annual growth rate (CAGR) of 3.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global institutional buildings market size is expected to reach $1,093.62 billion in 2027 at a CAGR of 2.3%.
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Institutional Buildings Market Drivers:
The increasing government expenditure is expected to boost the growth of the institutional buildings market going forward. Government expenditure refers to the capital that the government spends on various goods and services. Government buildings such as government hospitals, and government schools benefit from the increasing government expenditure, aiding in the development of various infrastructural requirements such as institutional buildings.
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Institutional Buildings Market Segments:
By Type: Residential, Non-residential
By Construction Type: New Construction, Renovation
By Building Type: Smart Buildings, Traditional Buildings
By Application: Owned, Rental
By End User: Private, Public
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Institutional Buildings Market.
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Institutional Buildings Market Key Players:
Major competitors in the institutional buildings market include China State Construction Engineering Co. Ltd., Shanghai Construction Group Co. Ltd., Clark Construction Group LLC, The Whiting-Turner Contracting Company, Turner Construction Company, Balfour Beatty, Greenland Holding Group.
The Business Research Company's "Global Institutional Buildings Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Institutional Buildings Market Include:
1. Executive Summary
2. Institutional Buildings Market Characteristics
3. Institutional Buildings Market Trends And Strategies
4. Institutional Buildings Market - Macro Economic Scenario
5. Institutional Buildings Market Size And Growth
……
26. Africa Institutional Buildings Market
27. Institutional Buildings Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Institutional Buildings Market
29. Institutional Buildings Market Future Outlook and Potential Analysis
30. Appendix
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