Construction Global Industry Almanac 2019-2028


Summary

Global Construction industry profile provides top-line qualitative and quantitative summary information including: Industry size (value 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the Industry.


Key Highlights

  • The construction market includes both residential and non-residential construction.
  • Residential construction refers to the process of building structures primarily intended for people to live in. The residential market includes demolition, new construction, refurbishment, and repair & maintenance.
  • Non-residential construction refers to the process of building structures that are not intended for residential purposes. The non-residential segment includes commercial construction, energy and utilities construction, industrial construction, infrastructure construction, and institutional construction.
  • Market value refers to the total output value of construction activity in a specific year. Construction output value is defined as the total value of construction activity in any given period, including costs related to all materials, equipment, and services used.
  • All market data and forecasts are adjusted for inflation and all currency conversions used in the creation of this report have been calculated using yearly annual average exchange rates.
  • The global construction industry had total revenues of $14,179,912.7 million in 2023, representing a compound annual growth rate (CAGR) of 4.9% between 2018 and 2023.
  • The non-residential segment accounted for the industry’s largest proportion in 2023, with total revenues of $8,882,468.2 million, equivalent to 62.6% of the industry’s overall value.
  • In the global construction industry, Asia-Pacific is the largest industry followed by Europe, North America, Middle East, and South America.




Scope

  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the global construction Industry
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the global construction Industry
  • Leading company profiles reveal details of key construction Industry players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the global construction Industry with five year forecasts




Reasons To Buy

  • What was the size of the global construction Industry by value in 2023?
  • What will be the size of the global construction Industry in 2028?
  • What factors are affecting the strength of competition in the global construction Industry?
  • How has the Industry performed over the last five years?
  • What are the main segments that make up the global construction Industry?