Lucintel Blog: Residential construction is expected to remain the largest segment in the global construction industry

Thursday, March 16, 2023

Residential construction is expected to remain the largest segment in the global construction industry

An exciting new study from the team of Lucintel found that construction industry is expected to reach $12.9 billion by 2028 with a CAGR of 4.4%. There are significant money making opportunities available in this market and companies planning to enter this market need to differentiate in order to maximize their return on investment.

Download Brochure of this report by clicking on https://www.lucintel.com/construction-market.aspx.

The construction industry is segmented based on type, and region. In this market, residential construction is expected to remain the largest type. Players can benefit from the available opportunities like increasing urbanization and higher expenditure on infrastructural development in this region.

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 use of fiber-reinforced polymer composites for rehabilitation of aging structure. are emerging trends having impact on dynamics of the industry.

China Railway Group Limited, China Railway Construction Corp. Limited, China Communications Construction, Grupo ACS, China State Construction Engineering, Vinci, Bouygues, HOCHTIEF, and Metallurgical Corporation of China are some of the major players profiled in this 196 page report.

Request Sample Pages by clicking on https://www.lucintel.com/construction-market.aspx.

Some of the Key Questions answered in this exclusive report are:

Q.1 What are some of the most promising, high-growth opportunities for the construction industry by type (residential, non-residential, and infrastructure) and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2 Which segments will grow at a faster pace and why?

Q.3 What are the business risks and threats to the construction industry?

Q.4 What are some changing demands of customers in the construction industry?

Q.5 What are the new developments in the construction industry? Which companies are leading these developments?

Q.6 What strategic initiatives are being implemented by key players for business growth?

Q.7 What are some of the competitive products and processes in this construction industry area and how big of a threat do they pose for loss of market share via product substitution?

Q.8 What M&A activity has occurred in the last 5 years in this construction industry?

This unique report from Lucintel will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link helpdesk@lucintel.com.

About Lucintel

Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.

Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751

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