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Construction Global Market Briefing 2016

  • April 2016
  • -
  • TBRC Business Research
  • -
  • 22 pages

The construction industry includes architectural services, the physical processes of building, infrastructure development, civil engineering, the assembly and installation of prefabricated components and equipment, and repairs and maintenance for already built structures. The type of construction depends on various factors like the total proposed budget, desired output features, size, time for completion, and the technology used.

The total value of the construction sector globally in 2015 was $4,900 billion. Related to a world population of more than 7.3 billion in 2015 this equates to about $671 per person per annum. Given that World Domestic Product was approximately $73.5 trillion in 2015, the market makes up about 6.7% of the global economy. Construction is one of the world’s largest employers. In the USA, the construction industries employed approximately 7 million individuals annually during 2002-2012.
The nature of business in the construction industry is ever changing. Contractors are adding innovations to every business segment. They are using more green materials, becoming more strategic, embracing change and are building closer relationships with their customers. Competitors in order to survive in this market have to constantly keep upgrading themselves with the latest technology.

Table Of Contents

Construction Global Market Briefing 2016
Construction Market Characteristics 4
Construction Market Size and Comparisons 2016 5
Construction Sector Historic Growth 6
Drivers of the Market 6
Restraints on the Market 7
Construction Market Forecast 8
Drivers of the Market 8
Restraints on the Market 9
Construction Market Segmentation 10
Construction Market Geography Split 12
Construction Market Competitors 14
Vinci 14
Bechtel 15
Hochtief 15
Construction Market Key Mergers and Acquisitions 17
Construction Market Trends and Strategies 18
Appendix 19
Abbreviations 19
Currencies 19
Definitions 19
The Business Research Company 19


Companies Mentioned
Vinci, Bechtel, Hochtief, Skanska, Transurban, WSP and AMEC

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