The Business Research Company published its Construction Global Market Report 2020 which provides strategists, marketers and senior management with the critical information they need to assess the global Construction market. The report provides in-depth analysis of the impact of COVID-19 on the market, along with revised market numbers due to the effects of the coronavirus.
The report covers the Construction market’s segments-
1) By Type: Buildings Construction, Heavy And Civil Engineering Construction, Specialty Trade Contractors, Land Planning And Development
2) By End User Sector: Private, Public.
Subsegments covered: Residential Building Construction; Nonresidential Building Construction; Utility System Construction; Highway, Street, And Bridge Construction; Other Heavy And Civil Engineering Construction; Foundation, Structure, And Building Exterior Contractors; Building Equipment Contractors; Building Finishing Contractors; Other Specialty Trade Contractors; Residential Land Planning And Development; Commercial And Institutional Land Planning And Development; Industrial Land Planning And Development.
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https://www.thebusinessresearchcompany.com/report/construction-global-market-report-2020-30-covid-19-impact-and-recovery
Construction Global Market Report 2020 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.
The global construction market is expected to decline from $12744.5 billion in 2019 to $12633.9 billion in 2020 at a compound annual growth rate (CAGR) of -0.9%. The decline is mainly due to 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 8% from 2021 and reach $15482 billion in 2023.
Construction companies are increasingly using autonomous construction vehicles and heavy equipment to improve productivity. These automated vehicles are equipped with sensors, cameras and GPS. Real-time data obtained from these devices helps in remote monitoring of jobsite and reduces construction time. Vehicles connected through IoT, telematics and RFID tracking technologies are also helping the construction industry to be more collaborative, efficient and safe.
Few Points From Table Of Content
1. Executive Summary
2. Report Structure
3. Construction Market Characteristics
4. Construction Market Product Analysis
5. Construction Market Supply Chain
……
20. Construction Market Competitive Landscape
21. Key Mergers And Acquisitions In The Construction Market
22. Recommendations
23. Appendix
24. Copyright And Disclaimer
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Few Points From List Of Table
Table 1: Historic Market Growth, Value ($ Billion)
Table 2: Forecast Market Growth, Value ($ Billion)
Table 3: Global Construction Market, 2019, By Region, Value ($ Billion
……..
Table 192: Global Construction Market In 2023- Growth Countries
Table 193: Global Construction Market In 2023- Growth Segments
Table 194: Global Construction Market In 2023- Growth Strategies
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