Construction Industry Is Expected To Reach $12.9 Billion By 2028- An Exclusive Market Research Report By Lucintel

By Author: Lucintel LLC
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Lucintel's latest market report analyzed that construction industry provides attractive opportunities in the residential, non-residential, and infrastructure building sectors. The construction industry is expected to reach $12.9 billion by 2028 with a CAGR of 4.4%. In this market, residential construction is the largest segment by type. increasing demand for green construction to reduce carbon footprint, bridge lock-up device systems to enhance the life of structures, building information systems for efficient building management, and use of fiber-reinforced polymer composites for rehabilitation of aging structure provides strategic growth path in this market.
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Based on type, the construction industry is segmented into r residential, non-residential, and infrastructure. The residential construction segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, due to rising per capita income and higher disposable income.
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The Construction Industry is marked by the presence of several big and small players. Some of the prominent players offering construction industry include China Railway Group Limited, China Railway Construction Corp. Limited, China Communications Construction, Grupo ACS, China State Construction Engineering, Vinci, Bouygues, HOCHTIEF, and Metallurgical Corporation of China.
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This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751
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