Global Construction Market Size, Share, Growth, Future Scope, Trends 2020-2023

CONSTRUCTION GLOBAL MARKET REPORT 2021: COVID-19 IMPACT AND RECOVERY TO 2031

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CONSTRUCTION MARKET CHARACTERISTICS: • The global construction market reached a value of nearly $12,744.4 billion in 2019, having increased at a compound annual growth rate (CAGR) of 6.1% since 2015. The market is expected to decline from $12,744.4 billion in 2019 to $12,633.9 billion in 2020 at a growth rate of -0.9%. The growth decline is mainly due to lockdown and social distancing norms imposed by various countries and economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 7.5% from 2021 ad reach $15,482.0 billion in 2023.

• The report covers the Construction market’s segments1) By Construction Type: Buildings Construction, Heavy And Civil Engineering Construction, Specialty Trade Contractors, Land Planning And Development.

2) By End-User Sector: Public and Private.

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MAJOR KEY PLAYERS Major companies in the market include China State Construction Engineering Co., Ltd., China Railway Group Ltd., China Railway Construction Corporation Limited, China Communications Construction Group Ltd., Vinci S.A. Click Here To Get A Sample Report

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REASONS TO PURCHASE • Gain a truly global perspective with the most comprehensive market research report available on this market covering 60+ geographies.

• Understand how the market is being affected by the COVID-19 and how it is likely to emerge and grow as the impact of the coronavirus abates.

• Create regional and country strategies on the basis of local data and analysis.

• Identify growth segments for investment.

• Outperform competitors using market forecast data and the market drivers and trends shaping the global market.

• Understand customers based on the latest market research findings.

• Benchmark performance against key competitors of the market.

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