The Construction Global Market Report 2021-31 by The Business Research Company describes and explains the global construction market and covers 2016 to 2021, termed the historic period, and 2022 to 2026, termed the forecast period, along with further forecasts for the period 2026-2031. The report evaluates the market across each region and for the major economies within each region.
The Construction Global Market Report 2022 covers construction market drivers, construction market trends, construction market segments, construction market growth rate, construction market major players, and construction market size.
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The construction market report provides in-depth analysis of the impact of COVID-19 on the global construction industry along with revised market numbers due to the effects of the coronavirus and the expected construction market growth numbers for 2022-2031.
The global construction market is expected to grow from $13.57 trillion in 2021 to $15.17 trillion in 2022 at a compound annual growth rate (CAGR) of 11.8%. The growth in the construction market is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The construction market is expected to reach $22.87 trillion in 2026 at a CAGR of 10.8%.
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Construction Global Market Report 2022 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.
TBRC’s report covers the construction market segments-
1) By Type: Buildings Construction, Heavy And Civil Engineering Construction, Specialty Trade Contractors, Land Planning And Development
2) By End User: Private, Public
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The Business Research Company is a market intelligence firm that excels in company, market, and consumer research. Located globally it has specialist consultants in a wide range of industries including manufacturing, healthcare, financial services, chemicals, and technology. It has offices in the UK, the US and India and a network of trained researchers in 20+ countries globally.
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