1. Market Research
  2. > Construction

Construction Industry Outlook: Find the Latest Market Statistics &Trends

  • Currently 4/5 Stars.
  • 1
  • 2
  • 3
  • 4
  • 5
15 votes

Global Construction Industry

The global construction industry is expected to be worth over $3 trillion in 2015, increasing over 30% in a five-year period, according to MarketLine. The industry is involved in the construction of various structures, including housing, factories, schools, bridges and roads. Apart from constructing new buildings and structures, the industry also encompasses setting up new sites, repair, maintenance and modification of existing structures.

Most contractors are specialized in one kind of construction, for example commercial or residential buildings. Apart from work carried out by the team contracted to do a specific job, contractors also subcontract parts of the job to external crews such as specialty trade contractors, who do specific jobs such as carpentry, heating or painting. The general contractor remains solely responsible for the job.

General infrastructure projects fall under the remit of civil engineers and heavy construction contractors. This sector includes the construction of structures such as bridges, sewers, roads and tunnels as well as all services created around the industry.

Construction Key Market Segments

Building Materials: In the world aluminum industry, recycling will have a role to play in changes to the industry moving forward, both in residential and non-residential construction. The industry will see dynamic growth in developing countries where industrialization will mean many major construction projects.

Construction Equipment: Though slowed by the economic downturn, the global market for escalators and elevators is beginning to rebound. The leading four companies, according to Koncept Analytics, hold the lion’s share of the market. Demand for escalator and elevators is strongest in the EU, representing almost 50% of the overall installed base of these structures. China represents the fastest-growing market segment for new installations. Future market growth will be fuelled by general worldwide construction activity.

Home Building & Improvement: China is the world’s leading market. Economic developing and bigger housing units will fuel demand. Plastic windows and doors will constitute the most dynamic market sub-segment in terms of growth, though plastic doors will not breach the 10% marker of overall door demand. Vinyl windows will see increased demand thanks to their longevity, low cost, energy efficiency and low maintenance.

Other key segments of the construction sector include the green building industry, the construction equipment segment and the building products market.

Construction Industry's Leading Regional Markets

Building construction and urban development are two important employing sectors (with high employment rate in sectors such as civil engineering). The industry employs 5.5 million people overall. MarketLine research showed that the Asia-Pacific region represents over 25% of the world construction and engineering industry in terms of market worth.

Read more »

Customer Support

Talk to Sam

+852 5808 2421

1500 Reports
Demand, Supply, Company Financials
8900 Statistics
Market Size, Demand, Supply
12000 Reports
Demand, Economy, Supply
67000 Statistics
Market Size, Demand, Economy
640 Reports
Demand, Supply, Market Size
4600 Statistics
Market Size, Demand, Finance
1600 Reports
Supply, Demand, Company Financials
9800 Statistics
Market Size, Finance, Company Financials
2900 Reports
Supply, Demand, Economy
12000 Statistics
Market Size, Supply, Demand
1100 Reports
Demand, Supply, Company Financials
9700 Statistics
Market Size, Finance, Demand
1800 Reports
Supply, Demand, Economy
9900 Statistics
Market Size, Demand, Supply
1200 Reports
Economy, Demand, Supply
7200 Statistics
Market Size, Demand, Economy
130 Reports
Demand, Supply, Company Financials
2000 Statistics
Market Size, Demand, Finance
490 Reports
Demand, Supply, Company Financials
3800 Statistics
Market Size, Demand, Supply

About 29000 reports

Purchase Reports From Reputable Market Research Publishers
(From $ 75 - $ 34999)

Smart Building Market by Type, Building Type And Region - Global Forecast to 2022

Smart Building Market: Global Forecast until 2022

  • $ 7150
  • Industry report
  • August 2017
  • by MarketsandMarkets

The growing need for integrated security and safety systems in buildings is one of the key factors expected to drive the growth of the smart building market.The smart building market is projected to grow ...

IoT Node and Gateway Market: Global Forecast until 2023 $ 7150 June 2017

Insulation Materials Industry: Forecasts to 2026 $ 5795 July 2018

Automotive Air Purifier Market: Global Forecast until 2 ... $ 5650 July 2018

Distributed Antenna System Market: Global Forecast unti ... $ 5650 June 2018

Self-Cleaning Glass Market: Global Forecast until 2023 $ 5650 June 2018

3D Concrete Printing Market: Global Forecast until 2023 $ 5650 June 2018

Industrial Boilers Market: Global Forecast until 2023 $ 5650 June 2018

Digitally Printed Wallpaper Market: Global Forecast unt ... $ 5650 June 2018

Ceramic Tiles Market: Global Forecast until 2023 $ 5650 June 2018

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on