The report provides insights on the following:
The market for global construction is anticipated to grow by an average of around 3-4 percent by 2022 with LATAM and APAC holding more than 55 percent, i.e., half of the world's construction output by 2020. The key trend in the global construction industry is the significant growth of the construction sector in emerging markets such as India, China, Vietnam, Australia, and Indonesia. Presently, the African construction industry values at $210 billion and is expected to reach $260-$300 billion in 2021. The Brexit pressure, slow order book growth, and inflationary input costs will be key challenges in the construction market in the U.K. Among Asian countries, India and China are expected to contribute more to construction accounting to $55 trillion by 2030.
The report elaborates on the market overview of the global construction industry of various regions such as the U.S., South America, Europe, APAC, and the Middle East. The report also identifies the drivers and constraints that impact the global construction market and provides the Porter's Five Force Analysis for emerging as well as developed regions. The report further shares the best procurement practices and the key factors for successful sourcing. It also infers the key performance indicators with pricing model analysis in the global construction market.
Beroe gathers intelligence through primary sources that include industry experts, researchers, and consultants, as well as current suppliers, producers and distributors. Secondary sources can include business journals, newsletters, magazines, market research data, company sources, and industry associations. Following data collation, analysis, and strategic review, the Final Research Report is published on Beroe LiVE.
Category Intelligence on Global Construction covers the following