Residential Construction Market Overall Business Outlook 2018 to 2021
Harrisburg, NC -- (SBWire) -- 09/28/2018 --The research report presents a comprehensive assessment of the Residential Construction market and contains thoughtful insights, facts, historical data, and statistically supported and industry validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, type of product and deal landscapes.
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Along with strategically analyzing the key micro markets, the report also focuses on industry-specific drivers, restraints, opportunities and challenges in the Residential Construction market. This research report offers in-depth analysis of the market size (revenue), market share, major market segments, and different geographic regions, forecast for the next five years, key market players, and premium industry trends. It also focuses on the key drivers, restraints, opportunities and challenges.
Key Highlights
- The residential construction sector is defined as the value of work put in place annually for residential buildings. This includes apartments, houses, and similar buildings, but not hotels etc. Market value includes new build and also renovations and repair; it includes construction of buildings and also preparatory work and completion (demolition, site preparation, electrical and plumbing installation, etc.). All currency conversions were carried out at constant average annual 2016 exchange rates.
- The global residential construction sector is expected to generate total revenues of $2,592.4bn in 2016, representing a compound annual growth rate (CAGR) of 6.1% between 2012 and 2016.
- Almost 65% of the global residential construction sector is accounted for by the US and Asia-Pacific.
- China dominates the Asia-Pacific market. According to the analysis of RBC Global Asset Management, China is actually underbuilding around two million new homes per year if it is to match with the speed of the urban population growth and replacement of demolished properties.
- Leading companies involved in the production of materials for construction sites have experienced extensive consolidation to keep costs down through economies of scale. Between the three segments there are limited prospects for integration given their divergent nature.
- A longstanding trend of consolidation has created a small number of large players in the homebuilding stage, making market entry difficult and reducing rivalry
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This report provides in-depth analysis of the Residential Construction and provides market size (US$ Million) and Cumulative Annual Growth Rate (CAGR (%)) for the forecast period: 2018 – 2021, considering 2017 as the base year. It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market. This study also provides key insights about market drivers, restraints, opportunities, new product launches, approvals, regional outlook, and competitive strategies.
Scope of The Report
Save time carrying out entry-level research by identifying the size, growth, and leading players in the residential construction sector
Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the global residential construction sector
Leading company profiles reveal details of key residential construction sector players global operations and financial performance
Add weight to presentations and pitches by understanding the future growth prospects of the Global residential construction sector with five year forecasts
Quickly and easily identify the key stages and sub-stages of the global residential construction sector value/supply chain
See examples of companies active at each stage of the global residential construction sector value/supply chain
Examine trends and burning issues impacting the global residential construction sector value/supply chain
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