Global Construction Market 2024-2028

The construction market is forecasted to grow by USD 1179.2 bn during 2023-2028, accelerating at a CAGR of 5.31% during the forecast period. The report on the construction market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increased investment in infrastructure, expanding manufacturing and distribution facilities, and increasing focus on building earthquake-resilient buildings.

Market Scope
Base Year	2024
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	4.94%
CAGR	5.31%
Incremental Value	$1179.2 bn

Technavio's construction market is segmented as below:

By Type

Buildings construction
Heavy and civil engineering construction
Land planning and development
Specialty trade contractors

By End-user

Private sector
Public sector

By Geographical Landscape

APAC
Europe
North America
Middle East and Africa
South America

This study identifies the emergence of smart cities as one of the prime reasons driving the construction market growth during the next few years. Also, adoption of dry construction techniques and development of green buildings will lead to sizable demand in the market.

The report on the construction market covers the following areas:

Construction market sizing
Construction market forecast
Construction market industry analysis

The vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading construction market vendors that include ACS Actividades de Construccion Y Servicios SA, Al Habtoor Group LLC, BAUER AG, Bechtel Corp., Bennett Construction Ltd., China Railway Group Ltd., China State Construction Engrg. Corp. Ltd., Christiansen and Essenbaek AS, Colas SA, Eiffage, EKE Group, Etex NV, Hindustan Construction Co. Ltd, Larsen and Toubro Ltd., Lendlease Corp. Ltd., MCC Group, Shimizu Corp., Skanska AB, Vinci, and ZEPPELIN GmbH. Also, the construction market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Product Code: IRTNTR74754

1 Executive Summary

1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Global Market Characteristics
- Executive Summary - Chart on Market By Geographical Landscape
- Executive Summary - Chart on Market Segmentation by Type
- Executive Summary - Chart on Market Segmentation by End-user
- Executive Summary - Chart on Incremental Growth
- Executive Summary - Data Table on Incremental Growth
- Executive Summary - Chart on Company Market Positioning

2 Market Landscape

2.1 Market ecosystem
- Parent Market
- Data Table on - Parent Market
2.2 Market characteristics
- Market characteristics analysis
2.3 Value chain analysis
- Value Chain Analysis

3 Market Sizing

3.1 Market definition
- Offerings of companies included in the market definition
3.2 Market segment analysis
- Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
- Chart on Global - Market size and forecast 2023-2028 ($ billion)
- Data Table on Global - Market size and forecast 2023-2028 ($ billion)
- Chart on Global Market: Year-over-year growth 2023-2028 (%)
- Data Table on Global Market: Year-over-year growth 2023-2028 (%)

4 Historic Market Size

4.1 Global Construction Market 2018 - 2022
- Historic Market Size - Data Table on Global Construction Market 2018 - 2022 ($ billion)
4.2 Type segment analysis 2018 - 2022
- Historic Market Size - Type Segment 2018 - 2022 ($ billion)
4.3 End-user segment analysis 2018 - 2022
- Historic Market Size - End-user Segment 2018 - 2022 ($ billion)
4.4 Geography segment analysis 2018 - 2022
- Historic Market Size - Geography Segment 2018 - 2022 ($ billion)
4.5 Country segment analysis 2018 - 2022
- Historic Market Size - Country Segment 2018 - 2022 ($ billion)

5 Five Forces Analysis

5.1 Five forces summary
- Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
- Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by Type

6.1 Market segments
- Chart on Type - Market share 2023-2028 (%)
- Data Table on Type - Market share 2023-2028 (%)
6.2 Comparison by Type
- Chart on Comparison by Type
- Data Table on Comparison by Type
6.3 Buildings construction - Market size and forecast 2023-2028
- Chart on Buildings construction - Market size and forecast 2023-2028 ($ billion)
- Data Table on Buildings construction - Market size and forecast 2023-2028 ($ billion)
- Chart on Buildings construction - Year-over-year growth 2023-2028 (%)
- Data Table on Buildings construction - Year-over-year growth 2023-2028 (%)
6.4 Heavy and civil engineering construction - Market size and forecast 2023-2028
- Chart on Heavy and civil engineering construction - Market size and forecast 2023-2028 ($ billion)
- Data Table on Heavy and civil engineering construction - Market size and forecast 2023-2028 ($ billion)
- Chart on Heavy and civil engineering construction - Year-over-year growth 2023-2028 (%)
- Data Table on Heavy and civil engineering construction - Year-over-year growth 2023-2028 (%)
6.5 Land planning and development - Market size and forecast 2023-2028
- Chart on Land planning and development - Market size and forecast 2023-2028 ($ billion)
- Data Table on Land planning and development - Market size and forecast 2023-2028 ($ billion)
- Chart on Land planning and development - Year-over-year growth 2023-2028 (%)
- Data Table on Land planning and development - Year-over-year growth 2023-2028 (%)
6.6 Specialty trade contractors - Market size and forecast 2023-2028
- Chart on Specialty trade contractors - Market size and forecast 2023-2028 ($ billion)
- Data Table on Specialty trade contractors - Market size and forecast 2023-2028 ($ billion)
- Chart on Specialty trade contractors - Year-over-year growth 2023-2028 (%)
- Data Table on Specialty trade contractors - Year-over-year growth 2023-2028 (%)
6.7 Market opportunity by Type
- Market opportunity by Type ($ billion)
- Data Table on Market opportunity by Type ($ billion)

7 Market Segmentation by End-user

7.1 Market segments
- Chart on End-user - Market share 2023-2028 (%)
- Data Table on End-user - Market share 2023-2028 (%)
7.2 Comparison by End-user
- Chart on Comparison by End-user
- Data Table on Comparison by End-user
7.3 Private sector - Market size and forecast 2023-2028
- Chart on Private sector - Market size and forecast 2023-2028 ($ billion)
- Data Table on Private sector - Market size and forecast 2023-2028 ($ billion)
- Chart on Private sector - Year-over-year growth 2023-2028 (%)
- Data Table on Private sector - Year-over-year growth 2023-2028 (%)
7.4 Public sector - Market size and forecast 2023-2028
- Chart on Public sector - Market size and forecast 2023-2028 ($ billion)
- Data Table on Public sector - Market size and forecast 2023-2028 ($ billion)
- Chart on Public sector - Year-over-year growth 2023-2028 (%)
- Data Table on Public sector - Year-over-year growth 2023-2028 (%)
7.5 Market opportunity by End-user
- Market opportunity by End-user ($ billion)
- Data Table on Market opportunity by End-user ($ billion)

8 Customer Landscape

8.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
- Chart on Market share By Geographical Landscape 2023-2028 (%)
- Data Table on Market share By Geographical Landscape 2023-2028 (%)
9.2 Geographic comparison
- Chart on Geographic comparison
- Data Table on Geographic comparison
9.3 APAC - Market size and forecast 2023-2028
- Chart on APAC - Market size and forecast 2023-2028 ($ billion)
- Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
- Chart on APAC - Year-over-year growth 2023-2028 (%)
- Data Table on APAC - Year-over-year growth 2023-2028 (%)
9.4 Europe - Market size and forecast 2023-2028
- Chart on Europe - Market size and forecast 2023-2028 ($ billion)
- Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
- Chart on Europe - Year-over-year growth 2023-2028 (%)
- Data Table on Europe - Year-over-year growth 2023-2028 (%)
9.5 North America - Market size and forecast 2023-2028
- Chart on North America - Market size and forecast 2023-2028 ($ billion)
- Data Table on North America - Market size and forecast 2023-2028 ($ billion)
- Chart on North America - Year-over-year growth 2023-2028 (%)
- Data Table on North America - Year-over-year growth 2023-2028 (%)
9.6 Middle East and Africa - Market size and forecast 2023-2028
- Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
- Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
- Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
9.7 South America - Market size and forecast 2023-2028
- Chart on South America - Market size and forecast 2023-2028 ($ billion)
- Data Table on South America - Market size and forecast 2023-2028 ($ billion)
- Chart on South America - Year-over-year growth 2023-2028 (%)
- Data Table on South America - Year-over-year growth 2023-2028 (%)
9.8 China - Market size and forecast 2023-2028
- Chart on China - Market size and forecast 2023-2028 ($ billion)
- Data Table on China - Market size and forecast 2023-2028 ($ billion)
- Chart on China - Year-over-year growth 2023-2028 (%)
- Data Table on China - Year-over-year growth 2023-2028 (%)
9.9 India - Market size and forecast 2023-2028
- Chart on India - Market size and forecast 2023-2028 ($ billion)
- Data Table on India - Market size and forecast 2023-2028 ($ billion)
- Chart on India - Year-over-year growth 2023-2028 (%)
- Data Table on India - Year-over-year growth 2023-2028 (%)
9.10 Japan - Market size and forecast 2023-2028
- Chart on Japan - Market size and forecast 2023-2028 ($ billion)
- Data Table on Japan - Market size and forecast 2023-2028 ($ billion)
- Chart on Japan - Year-over-year growth 2023-2028 (%)
- Data Table on Japan - Year-over-year growth 2023-2028 (%)
9.11 Germany - Market size and forecast 2023-2028
- Chart on Germany - Market size and forecast 2023-2028 ($ billion)
- Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
- Chart on Germany - Year-over-year growth 2023-2028 (%)
- Data Table on Germany - Year-over-year growth 2023-2028 (%)
9.12 US - Market size and forecast 2023-2028
- Chart on US - Market size and forecast 2023-2028 ($ billion)
- Data Table on US - Market size and forecast 2023-2028 ($ billion)
- Chart on US - Year-over-year growth 2023-2028 (%)
- Data Table on US - Year-over-year growth 2023-2028 (%)
9.13 Market opportunity By Geographical Landscape
- Market opportunity By Geographical Landscape ($ billion)
- Data Tables on Market opportunity By Geographical Landscape ($ billion)

10 Drivers, Challenges, and Opportunity/Restraints

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2023 and 2028
10.4 Market opportunities/restraints

11 Competitive Landscape

11.1 Overview
11.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
11.3 Landscape disruption
- Overview on factors of disruption
11.4 Industry risks
- Impact of key risks on business

12 Competitive Analysis

12.1 Companies profiled
- Companies covered
12.2 Market positioning of companies
- Matrix on companies position and classification
12.3 ACS Actividades de Construccion Y Servicios SA
- ACS Actividades de Construccion Y Servicios SA - Overview
- ACS Actividades de Construccion Y Servicios SA - Business segments
- ACS Actividades de Construccion Y Servicios SA - Key offerings
- ACS Actividades de Construccion Y Servicios SA - Segment focus
12.4 Al Habtoor Group LLC
- Al Habtoor Group LLC - Overview
- Al Habtoor Group LLC - Product / Service
- Al Habtoor Group LLC - Key offerings
12.5 BAUER AG
- BAUER AG - Overview
- BAUER AG - Business segments
- BAUER AG - Key offerings
- BAUER AG - Segment focus
12.6 Bechtel Corp.
- Bechtel Corp. - Overview
- Bechtel Corp. - Product / Service
- Bechtel Corp. - Key news
- Bechtel Corp. - Key offerings
12.7 China Railway Group Ltd.
- China Railway Group Ltd. - Overview
- China Railway Group Ltd. - Product / Service
- China Railway Group Ltd. - Key offerings
12.8 China State Construction Engrg. Corp. Ltd.
- China State Construction Engrg. Corp. Ltd. - Overview
- China State Construction Engrg. Corp. Ltd. - Business segments
- China State Construction Engrg. Corp. Ltd. - Key offerings
- China State Construction Engrg. Corp. Ltd. - Segment focus
12.9 Etex NV
- Etex NV - Overview
- Etex NV - Business segments
- Etex NV - Key offerings
- Etex NV - Segment focus
12.10 Hindustan Construction Co. Ltd
- Hindustan Construction Co. Ltd - Overview
- Hindustan Construction Co. Ltd - Product / Service
- Hindustan Construction Co. Ltd - Key offerings
12.11 Larsen and Toubro Ltd.
- Larsen and Toubro Ltd. - Overview
- Larsen and Toubro Ltd. - Business segments
- Larsen and Toubro Ltd. - Key news
- Larsen and Toubro Ltd. - Key offerings
- Larsen and Toubro Ltd. - Segment focus
12.12 Lendlease Corp. Ltd.
- Lendlease Corp. Ltd. - Overview
- Lendlease Corp. Ltd. - Business segments
- Lendlease Corp. Ltd. - Key offerings
- Lendlease Corp. Ltd. - Segment focus
12.13 MCC Group
- MCC Group - Overview
- MCC Group - Product / Service
- MCC Group - Key offerings
12.14 Shimizu Corp.
- Shimizu Corp. - Overview
- Shimizu Corp. - Business segments
- Shimizu Corp. - Key offerings
- Shimizu Corp. - Segment focus
12.15 Skanska AB
- Skanska AB - Overview
- Skanska AB - Business segments
- Skanska AB - Key offerings
- Skanska AB - Segment focus
12.16 Vinci
- Vinci - Overview
- Vinci - Business segments
- Vinci - Key offerings
- Vinci - Segment focus
12.17 ZEPPELIN GmbH
- ZEPPELIN GmbH - Overview
- ZEPPELIN GmbH - Product / Service
- ZEPPELIN GmbH - Key offerings

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
13.3 Currency conversion rates for US$
- Currency conversion rates for US$
13.4 Research methodology
- Research methodology
13.5 Data procurement
- Information sources
13.6 Data validation
- Data validation
13.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
13.8 Data synthesis
- Data synthesis
13.9 360 degree market analysis
- 360 degree market analysis
13.10 List of abbreviations
- List of abbreviations