Construction Market Expected To Reach USD 24.34 Trillion by 2032, Growing at a CAGR of 6.69% China Railway Group Limited, Vinci SA, Strabag SE

IMR posted new studies guide on Construction Market Insights with self-defined Tables and charts in presentable format. In the Study you may locate new evolving Trends, Drivers, Restraints, Opportunities generated via targeting market related stakeholders. The boom of the Construction marketplace became specifically driven with the aid of the growing R&D spending internationally.

Some of the Top Leading Key Players:

China State Construction Engineering Corporation (CSCEC) (China), China Railway Group Limited (China), China Railway Construction Corporation Limited (China), China Communications Construction Company (China), China Metallurgical Group Corporation (MCC) (China), Vinci SA (France), Bouygues Construction (France), Strabag SE (Austria), Hochtief AG (Germany), Skanska AB (Sweden), Obayashi Corporation (Japan), Kajima Corporation (Japan), Shimizu Corporation (Japan), Taisei Corporation (Japan), Samsung C&T Corporation (South Korea), Hyundai Engineering & Construction (South Korea), Larsen & Toubro Limited (L&T) (India), Balfour Beatty plc (United Kingdom), Laing O'Rourke (United Kingdom), Bechtel Corporation (United States), Fluor Corporation (United States), Kiewit Corporation (United States), Jacobs Engineering Group (United States), Turner Construction Company (United States), AECOM (United States), Tutor Perini Corporation (United States), PCL Construction Enterprises (Canada), EllisDon (Canada), Ferrovial S.A. (Spain), Acciona S.A. (Spain) and Other Major Players.,

The global Construction Market was valued at USD 13.59 trillion in 2023 and is likely to reach USD 24.34 trillion by 2032, increasing at a CAGR of 6.69% from 2024 to 2032.

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The art and science of creating things, systems, or organizations is collectively referred to as construction. The verb "build" means to build, and the noun "construction" refers to the process or character of building something. Leading real estate developers are preparing to build plots close to major cities in an attempt to capitalize on the pandemic-related spike in demand for this area. Indians have recognized the need for additional space, especially open space, since the COVID-19 pandemic.

Segmentation Analysis of the Construction Market

By Product

Heavy and Civil Engineering
Bridges
Roads
Railways
Airports
Others (Sewage, Under Bridges, etc.)
General Construction
Residential
Houses
Apartments
Others (Villas, Hostels, etc.)
Commercial
Hotels
Offices
Hospitals
Malls/Multiplexes
Educational Institutes
Others (Shops, Leisure Parks, etc.)
Industrial
Chemical & Pharmaceutical
Metal & Category Processing
Textiles
Oil & Gas

By Sector

Urban
Rural

By Category

New
Renovation

By End-Use

Public
Private

Construction Market Trend Analysis
Urbanization and Population Growth

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Key Industry Developments in the Construction Market:

In Nov 2023, TechnipFMC plc announced an agreement to sell the company's Measurement Solutions business to One Equity Partners for US$ 205 million in cash, subject to customary adjustments at the closing of the transaction. As part of the Surface Technologies segment, the Measurement Solutions business encompasses terminal management solutions and metering products and systems, and includes engineering and manufacturing locations in North America and Europe.

In Oct 2023, STRABAG invested in the development and production of secure, sustainable, and affordable energy storage solutions. By joining forces with storage producer CMBlu Energy, STRABAG is planning to speed up the development of specific large energy storage projects through its support with construction and infrastructure. Combining the best storage technology with the best construction and infrastructure expertise opens up a tangible opportunity for industrial companies, municipal energy utilities, and grid operators to build large warehouses for electricity with Organic SolidFlow batteries in the upcoming years.

Regional Analysis
Asia Pacific Region is Expected to Dominate the Market Over the Forecast Period

Geographically, the distinctive analysis of consumption, revenue, market share, and growth rate of the subsequent areas:
• North America (U.S., Canada, Mexico)
• Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
• Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
• Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New-Zealand, Rest of APAC)
• Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
• South America (Brazil, Argentina, Rest of SA)

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Strategic Points Covered in Table of Content of Construction Market:

Chapter One: Introduction
Chapter Two: Executive Summary
Chapter Three: Construction Market Landscape
Chapter Four: Construction Market by Type
Chapter Five: Construction Market by Application
Chapter Six: Company Profiles and Competitive Analysis
Chapter Seven: Global Construction Market by Region
Chapter Eight: Analyst Viewpoint and Conclusion
Chapter Nine: Research Methodology

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