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Global Construction Market By Construction Type (Land Planning and Development, Heavy & Civil Engineering Construction, Building Constructions, others), By End User (Public, Private), By Region–Forecast & Opportunities to 2026

The global construction market accounted for a value of USD XX billion in 2019. Construction market projected to register growth at a CAGR of XX% during forecast period.

COVID-19 has impacted several businesses over the globe. The demand for construction industries is declining across the world due to spread of corona virus outbreak. The supply chain of raw material is disrupted due to travel restrictions. The manufacturing facilities have to shut their production due to lockdown. The market is likely to witness growth from 2021.

Definition:

Construction can be referring to forming an object, systems or organizations. To construct anything is building anything lie houses, structures, roads and others. Construction here is related to building houses and infrastructure or any building which can be used for different purposes.

Market Dynamics (Drivers/Opportunities):

The rapid urbanization and industrialization across various regions is likely to boost construction activities. The growth in urbanization leads to rise in demand for construction activities. The infrastructure is improving which is estimated to drive growth in construction market during forecast period.

The disposable income of people is increasing across various regions and they are looking for better and efficient construction methods for their house, office and other constructional activities. Governments across various regions are focusing on improving infrastructure which boosts the construction market during forecast period.

Market Insights, by Construction Type

On the basis of construction type, the construction market is segmented into land planning and development, specialty trade contractors, heavy & civil engineering construction, building constructions. The buildings construction market is estimated to register growth at highest CAGR during forecast period.  The demand for building construction is increasing across the world due to immense growth in population. This drives growth in building construction segment during forecast period.

Market Insights, by End-User

On the basis of end-user, the construction market is segmented into public and private end-user. The private segment is estimated to hold largest market share during forecast period. The population is increasing immensely around the globe and people are building their own houses. Offices for private organizations are constructed across the globe. This drives growth in private end-users segment during forecast period.

Regional Insights

Asia-Pacific region is estimated to hold largest market share during forecast period. The construction activities are increasing in this region due to rapidly increasing industrialization and urbanization. The government in this region is focusing on improving and developing infrastructures. The growth in disposable income of people leads to high adoption of separate houses by people across this region. The construction activities are increasing in this region which drives growth in Asia-Pacific region during forecast period.

Key Companies & Market Share Insights

The key market players in construction industry are China State Construction Engineering Co., China Railway Group Ltd., China Communication Construction Group, Vinci S.A., Power Construction Corp., Grupo ACS, Bouygues S.A., Bechtel Corporation, Lennar Corporation, CIMIC Group, Shimizu Corporation, Lendlease Group, Capitaland Ltd., Hindustan Construction Company, Shanghai Construction Group, Shaanxi Construction Engineering Group, Hunan Construction Engineering Group, and DLF, Tata projects.

Segments Covered in the Report

This report forecasts The Global Construction Market, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2020 to 2026. For the purpose of this study, Our Company has segmented the global construction market report on the basis of construction type, and end-users.

Construction Market Size & Forecast (2017-2026)

  1. Research Framework
    • Market Definition and Product Overview
    • Market Segmentation
  2. Research Methodology
    • Qualitative Research
      • Primary & Secondary Sources
    • Quantitative Research
      • Primary & Secondary Sources
    • Breakdown of Primary Research Respondents, By Region
      • Secondary Research
      • Primary Research
    • Breakdown of Primary Research Respondents, By Industry Participants
      • Market Size Estimation
      • Assumption for the Study
      • Market Breakdown & Data Triangulation
  1. Executive Summary
    • Market Snapshot
  2. Industry Insights
    • Industry ecosystem analysis
      • Value Chain Analysis
    • Industry impact and forces
      • Growth Drivers
      • Challenges &Restraints
      • Opportunities
    • Disruptive Technological Analysis
    • Regulatory framework
      • North America
      • Europe
      • Asia Pacific
      • Middle East & Africa
      • South America
    • Growth potential analysis, 2019
    • Porter’s Five forces analysis
    • Pricing Analysis
      • North America
      • Europe
      • Asia Pacific
      • Middle East & Africa
      • South America
  1. COVID – Impact Analysis
    • North America
    • Europe
    • Asia Pacific
    • Middle East & Africa
    • South America
  2. Construction Market, By Construction Type , Market Size & Forecast To 2026

(USD Million 2017,2018, 2019, 2020, 2021-e-2026-p)

  • Introduction
  • Land Planning and Development
  • Specialty Trade Contractors
  • Heavy & Civil Engineering Construction
  • Building Constructions
  1. Construction Market, By End User, Market Size & Forecast To 2026

(USD Million 2017,2018, 2019, 2020, 2021-e-2026-p)

  • Introduction
  • Public
  • Private
  1. Construction Market, By Region, Market Size & Forecast To 2026

(USD Million 2017,2018, 2019, 2020, 2021-e-2026-p)

  • Introduction
  • North America Market Size & Forecast To 2026
    • Market Overview
    • COVID-19 Impact
    • By Construction Type
    • By End-User
    • By Country
      • USA
        • By End-User
      • Canada
      • Mexico
    • South America Market Size & Forecast To 2026
      • Market Overview
      • COVID-19 Impact
      • By Construction Type
      • By End-User
      • By Country
        • Brazil
          • By End-User
        • Argentina
        • Chile
        • Rest of South America
      • Europe Market Size & Forecast To 2026
        • Market Overview
        • COVID-19 Impact
        • By Construction Type
        • By End-User
        • By Country
          • UK
            • By End-User
          • Germany
          • France
          • Italy
          • Rest of Europe
        • APAC Market Size & Forecast To 2026
          • Market Overview
          • COVID-19 Impact
          • By Construction Type
          • By End-User
          • By Country
            • China
              • By End-User
            • India
            • Japan
            • South Korea
            • Australia
            • Rest of APAC
          • Middle East & Africa Market Size & Forecast To 2026
            • Market Overview
            • COVID-19 Impact
            • By Construction Type
            • By End-User
            • By Country
              • Saudi Arabia
                • By End-User
              • UAE
              • Qatar
              • Kuwait
              • South Africa
              • Rest of Middle East & Africa
  1. Competitive Landscaping
    • Competitive Benchmarking
      • Market Share Analysis, 2019
      • Global Presence and Growth Strategies
        • Mergers & Acquisitions
        • New Product Launches
        • Investments Trends
        • R&D Initiatives
  1. Company Profile
    • DLF, Tata Projects
      • Company Overview
      • Financial Overview
      • Product Portfolio
      • Recent Developments
      • SWOT Analysis
      • Strategic Outlook
    • China State Construction Engineering Co.
    • China Railway Group Ltd.
    • China Communication Construction Group
    • Vinci S.A.
    • Power Construction Corp.
    • Grupo ACS
    • Bouygues S.A.
    • Bechtel Corporation
    • Lennar Corporation
    • CIMIC Group
    • Shimizu Corporation
    • Lendlease Group
    • Capitaland Ltd.
    • Hindustan Construction Company
    • Shanghai Construction Group
    • Shaanxi Construction Engineering Group
    • Hunan Construction Engineering Group
  2. Appendix
    • Interrelated Market

Research Methodology

1.1     Research Methodology

The process of market research at PAN Market Consulting is very intuitive being iterative in nature and usually follows the path where Information gathered from secondary research is used to build data models, which are than validated from primary participants. Then same cycle repeats where, according to inputs from primary participants, additional secondary research is done, and new information type is again incorporated into data model. The process continues till desired level of information is not generated.

To calculate the market size, the report considers the revenue generated from the sales of the product/services. The revenue generated from the sales of product/services has been calculated through primary and secondary research. The report also analyses the key players operating in the market at the global level which are identified through secondary research and a corresponding detailed analysis of the top vendors in the market. The market size calculation also includes product segmentation determined using secondary sources and verified through primary sources.

1.2     Secondary Research

The secondary research source that are typically referred to include, but are not limited to:

  • Company websites, annual reports, financial reports, broker reports, investor presentations and SEC filings
  • Internal and external proprietary databases, relevant patent and regulatory databases
  • National government documents, statistical databases and market reports
  • News articles, press releases and web-casts specific to the companies operating in the market

The source for secondary research includes but is not limited to Factiva, Hoovers and Statista

SecondaryResearch

1.3     Primary Research

We conduct primary interviews on an ongoing basis with industry participants and commentators in order to validate data and analysis. A typical research interview fulfills the following end users:

  • It provides first-hand information on the market size, market trends, growth trends, competitive landscape, future outlook etc.
  • Helps in validating and strengthening the secondary research findings
  • Further develops the analysis team’s expertise and market understanding
  • Primary research involves E-mail interactions, telephonic interviews as well as face-to-face interviews for each market, category, segment and sub-segment across geographies

The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: CEOs, VPs, marketing/ product managers, market intelligence managers and national sales managers
  • Purchasing managers, technical personnel, distributors and resellers
  • Outside experts: Investment bankers, valuation experts, research analysts specializing in specific markets
  • Key opinion leaders specializing in different areas corresponding to different industry end users

1.4     Models

Where no hard data is available, we use modeling and estimates in order to produce comprehensive data sets. A rigorous methodology is adopted in which the available hard data is cross referenced with the following data products to produce estimates:

  • Demographic data: Population split by segment
  • Macro-economic indicators: GDP, etc.
  • Industry indicators: Expenditure, product stage & infrastructure, sector growth and facilities.

Data is then cross checked by the expert panel.

1.4.1 Company Share Analysis Model

Company share analysis is used to derive the size of global market. As well as study of revenues of companies for last three to five years also provide the base for forecasting the market size and its growth rate. This model is built in following steps:

ResearchMethodology1

1.4.2 Revenue Based Modeling

Revenue based models can be built in two ways – Top-Down or Bottom-Up irrespective of industry. Market size estimated from company share analysis acts as a validation point for bottom-up approach whereas it acts as starting point for top-down approach.

ResearchMethodology2

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