Despite adverse economic conditions, the global construction industry witnessed growth during the past five years and the market is forecast to reach US $8,929 billion in 2017 with a CAGR of 7.3% over the next five years. The organization of major global events such as the 2014 FIFA World Cup, the 2016 Olympic Games in Brazil, the 2014 Winter Olympic Games, and 2018 FIFA World Cup in Russia are expected to provide impetus to the construction industry over the forecast period.
Lucintel, a leading global management consulting and market research firm, has analyzed the global construction industry and presents its findings in "Global Construction Industry 2012- 2017: Trend, Profit, and Forecast Analysis."
The Construction industry consists of establishments primarily engaged in the construction of residential construction, commercial buildings, and infrastructural projects. The industry also includes additions, alterations, maintenance, and repairing activities. The industry is highly fragmented in terms of suppliers and buyers and highly dependent on consumer spending, interest rates, and government spending in different countries.
Lucintel's research indicates that rising cost of material, financial crisis in developed regions and cancellation of large numbers of projects are some of the challenges but increase in urbanization and increase in public as well as private spending will drive the industry. APAC dominates this industry and is forecast to witness the highest growth over the next five years. The high GDP growth rate of APAC countries is also encouraging leading companies to invest in developing countries. Brazil, Russia, India, and China are expected to register robust growth and the Infrastructure segment is anticipated to drive the industry with highest growth rate. This study provides an overview of the global construction industry. The report tracks three industry segments for four regions - thus it tracks 12 segments of the global construction industry.
This comprehensive guide from Lucintel provides readers with valuable information and the tools needed to successfully drive critical business decisions with a thorough understanding of the market's potential. This report will save Lucintel clients hundreds of hours in personal research time on a global market and it offers significant benefits in expanding business opportunities throughout the global construction Industry analysis. In a fast-paced ever-changing world, business leaders need every advantage available to them in a timely manner to drive change in the market and to stay ahead of their competition. This report provides business leaders with a keen advantage in this regard by making them aware of emerging trends and demand requirements on an annual basis.
Features and Scope of this Report:
To make any investment or strategic decision, you need adequate and timely information. This industry report fulfills this core need. Some of the features of this industry report are:
- Industry size estimates in terms of (US $) value by regions and by segments
- Global construction industry analysis annual trend (2006-2011) and forecast (2012-2017)
- Porter's Five Force analysis
- New product launch and merger and acquisition activity in global construction industry analysis
- Quarterly demand trend (Q1 2010-Q4 2011)and forecast analysis (Q1 2012-Q4 2012) for global construction industry analysis
- Gross and net profit trends in the global construction industry analysis
- Cost structure trend in the global as well as regional construction industry analysis
Who Can Benefit From This Report?
This study is intended for senior level executives, sales, marketing and business development professionals at various nodes of value chain of this market. This multi-client market study from Lucintel is used by small to multi-national Fortune 500 companies and utilized for a variety of reasons as follows.
- Business development
- Strategic planning
- Business presentation
- Determination of market size and trend
- Competitive analysis
- Resource and Inventory Management
- Investment Decision
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