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Construction Market Report : Trends, Forecast and Competitive Analysis 1.

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Presentation on theme: "Construction Market Report : Trends, Forecast and Competitive Analysis 1."— Presentation transcript:

1 Construction Market Report 2018-2023: Trends, Forecast and Competitive Analysis 1

2 Industry Profiles Snapshot Major ParameterDescription Market Segments by Type Residential, non-residential, and infrastructure Market Segments by Region North America, Europe, Asia Pacific and Rest of the World. Top Companies Name China State Construction Engineering Corporation, China Railway Group Limited, China Railway Construction Corporation, Vinci SA, and Grupo ACS Trend Growth Rate and CAGR4.2% Key Industry Forecast The global construction industry is expected to reach an estimated $10.5 trillion by 2023, and it is forecast to grow at a CAGR of 4.2% from 2018 to 2023 Key Industry Driver Driver: Increasing housing starts and rising infrastructure due to increasing urbanization and growing population.. 2

3 Industry Overview Market Size The global construction industry is expected to reach an estimated $10.5 trillion by 2023, and it is forecast to grow at a CAGR of 4.2% from 2018 to 2023 Emerging trends which have a direct impact on the dynamics of the construction industry include increasing demand for green construction to reduce carbon footprint, bridge lock-up device systems to enhance the life of structures, building information systems for efficient building management, and the use of fiber-reinforced polymer composites for the rehabilitation of aging structures. Market Size (2023)$10.5 billion CAGR (2018-23)4.2% 3 Industry Performance : Forecast


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