Construction Market size in EMEA to grow by USD 336.62 billion from 2022 to 2027, Driven by the increase in construction of green buildings - Technavio

NEW YORK, April 13, 2023 /PRNewswire/ -- The construction market in EMEA is set to grow by USD 336.62 billion from 2022 to 2027 progressing at a CAGR of 4.95% during the forecast period. The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the increase in construction of green buildings. Substantial amounts of energy and costs are required for construction, establishment, and other services. Green buildings are known to minimize energy consumption and efficiently utilize the available energy to meet all their requirements. Owing to the growing awareness about global warming and climate change, the demand for green buildings is expected to grow significantly. Additionally, the rising demand for residential and non-residential building spaces in EMEA will drive energy consumption, improve efficiency in the building sector, and reduce emissions. Hence, developments in green building construction are expected to boost the market growth. - Here is an exclusive report consisting of market size and growth analysis in EMEA with historical (2017-2021) and forecast period (2023-2027). Download Sample PDF Report Now!

The construction market in EMEA covers the following areas:

Construction Market In EMEA Sizing
Construction Market In EMEA Forecast
Construction Market In EMEA Analysis

The report on the construction market in EMEA provides a holistic update, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis. 

Construction Market In EMEA 2023-2027 - Market Dynamics

Major Trends

• An emerging trend that is expected to have a positive impact on the growth of the market is the rising demand for modular houses.
• Modular houses are manufactured at an offsite location, which are then shipped to the required location to be assembled and built.
• Modular houses offer buyers the flexibility to incorporate their own designs and specifications and their popularity has been increasing steadily over the last few years owing to rising housing rents and the high cost of building new houses.
• The fact that the cost of these houses is low in comparison to traditional houses, has increased their demand. 
• Hence, the growing demand for modular houses is expected to support the growth of the Europe, Middle East, and Africa construction market during the forecast period.

Key Challenges

• A major challenge impeding the market growth for the construction market in EMEA is the lack of awareness and volatility in transportation charges. 
• Modular constructed parts need to be transported from manufacturing units to the construction site, which requires special vehicles.
• Additionally, the carriage charges vary owing to factors such as lack of planning of city roads, use of private cars, road capacity, and insufficient and inadequate public transport, which further increases the cost of modular construction.
• Moreover, factors like fuel prices, transportation mode, and the distance that needs to be covered also affect the overall transportation costs. 
• Hence, the volatility in transportation costs is expected to hamper the market growth during the forecast period.

Construction Market In EMEA 2023-2027 : Market Segmentation

The construction market in EMEA analysis includes end-user (private sector and public sector), type (commercial and residential), and geography (Germany, France, UK, Spain, and Rest of EMEA).

The market share growth by the private sector segment is significant for the market growth during the forecast period. The need for renovation and modernization of building structures in the private sector is fueled by aging buildings and the growing resale of properties in EMEA. Additionally, governments of various countries are implementing policies for building contractors and house owners to ensure energy efficiency. Hence, such factors will drive the growth of the segment in the Europe, Middle East, and Africa construction market during the forecast period.

The report forecasts market growth by revenue in EMEA regions and provides an exclusive analysis of the latest trends and growth opportunities from 2017 to 2027 - View Sample PDF Report

Companies Mentioned

• ACS Construction Group Ltd.
• AFRIDECA Group (Pty) Ltd.
• Airolink Building Contracting LLC
• Al Futtaim Group Co.
• Al Habtoor Group LLC
• Al Naboodah Construction Group
• Arabtec Constructions
• Balfour Beatty Plc
• BIC Contracting LLC
• BOUYGUES
• Consolidated Contractors Co.
• Dutco Group
• Eiffage
• Implenia AG
• Khansaheb Civil Engineering LLC
• Kier Group plc
• Skanska AB
• UCCHolding
• Vinci
• WBHO Ltd.

Vendor Offerings

• ACS Construction Group Ltd. - The company offers construction services such as structures, warehouses and industrial units across the UK.
• AFRIDECA Group (Pty) Ltd. - The company offers construction services such as shopping malls, multi-story office complexes and manufacturing facilities.
• Al Naboodah Construction Group - The company offers construction services such as roads, highways, bridges, tunnels, and dams.
• For more key insights on various market vendors and their exclusive offerings - Buy the Report Now!

EMEA Construction Market 2023-2027: Key Highlights 

• CAGR of the market during the forecast period 2023-2027 
• Detailed information on factors that will assist EMEA construction market growth during the forecast period 
• Estimation of the EMEA construction market size and its contribution to the parent market 
• Predictions on upcoming trends and changes in consumer behavior 
• The growth of the EMEA construction market 
• Analysis of the market's competitive landscape and detailed information on vendors 
• Comprehensive details of factors that will challenge the growth of EMEA construction market vendors

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Key Topics Covered:

1 Executive Summary

• 1.1 Market overview
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Country Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Type
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022

• 3.4 Market outlook: Forecast for 2022-2027 
• Exhibit 14: Chart on EMEA - Market size and forecast 2022-2027 ($ billion)
• Exhibit 15: Data Table on Regional - Market size and forecast 2022-2027 ($ billion)
• Exhibit 16: Chart on EMEA: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Regional - Market size and forecast 2022-2027 ($ billion)

4 Historic Market Size

• 4.1 Construction market in EMEA 2017 - 2021 
• Exhibit 18: Historic Market Size – Data Table on Construction market in EMEA 2017 - 2021 ($ billion)

• 4.2 End-user Segment Analysis 2017 - 2021 
• Exhibit 19: Historic Market Size – End-user Segment 2017 - 2021 ($ billion)

• 4.3 Type Segment Analysis 2017 - 2021 
• Exhibit 20: Historic Market Size – Type Segment 2017 - 2021 ($ billion)

• 4.4 Geography Segment Analysis 2017 - 2021 
• Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ billion)

5 Five Forces Analysis

• 5.1 Five forces summary
• Exhibit 22: Five forces analysis - Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 23: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 24: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 25: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 26: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry
• Exhibit 27: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition
• Exhibit 28: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by End-user

• 6.1 Market segments
• Exhibit 29: Chart on End-user - Market share 2022-2027 (%)
• Exhibit 30: Data Table on End-user - Market share 2022-2027 (%)

• 6.2 Comparison by End-user 
• Exhibit 31: Chart on Comparison by End-user
• Exhibit 32: Data Table on Comparison by End-user

• 6.3 Private sector - Market size and forecast 2022-2027 
• Exhibit 33: Chart on Private sector - Market size and forecast 2022-2027 ($ billion)
• Exhibit 34: Data Table on Private sector - Market size and forecast 2022-2027 ($ billion)
• Exhibit 35: Chart on Private sector - Year-over-year growth 2022-2027 (%)
• Exhibit 36: Data Table on Private sector - Year-over-year growth 2022-2027 (%)

• 6.4 Public sector - Market size and forecast 2022-2027 
• Exhibit 37: Chart on Public sector - Market size and forecast 2022-2027 ($ billion)
• Exhibit 38: Data Table on Public sector - Market size and forecast 2022-2027 ($ billion)
• Exhibit 39: Chart on Public sector - Year-over-year growth 2022-2027 (%)
• Exhibit 40: Data Table on Public sector - Year-over-year growth 2022-2027 (%)

• 6.5 Market opportunity by End-user 
• Exhibit 41: Market opportunity by End-user ($ billion)
• Exhibit 42: Data Table on Market opportunity by End-user ($ billion)

7 Market Segmentation by Type

• 7.1 Market segments
• Exhibit 43: Chart on Type - Market share 2022-2027 (%)
• Exhibit 44: Data Table on Type - Market share 2022-2027 (%)

• 7.2 Comparison by Type
• Exhibit 45: Chart on Comparison by Type
• Exhibit 46: Data Table on Comparison by Type

• 7.3 Commercial - Market size and forecast 2022-2027 
• Exhibit 47: Chart on Commercial - Market size and forecast 2022-2027 ($ billion)
• Exhibit 48: Data Table on Commercial - Market size and forecast 2022-2027 ($ billion)
• Exhibit 49: Chart on Commercial - Year-over-year growth 2022-2027 (%)
• Exhibit 50: Data Table on Commercial - Year-over-year growth 2022-2027 (%)

• 7.4 Residential - Market size and forecast 2022-2027 
• Exhibit 51: Chart on Residential - Market size and forecast 2022-2027 ($ billion)
• Exhibit 52: Data Table on Residential - Market size and forecast 2022-2027 ($ billion)
• Exhibit 53: Chart on Residential - Year-over-year growth 2022-2027 (%)
• Exhibit 54: Data Table on Residential - Year-over-year growth 2022-2027 (%)

• 7.5 Market opportunity by Type 
• Exhibit 55: Market opportunity by Type ($ billion)
• Exhibit 56: Data Table on Market opportunity by Type ($ billion)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 57: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 58: Chart on Market share by geography - 2022-2027 (%)
• Exhibit 59: Data Table on Market share by geography - 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 60: Chart on Geographic comparison
• Exhibit 61: Data Table on Geographic comparison

• 9.3 Germany - Market size and forecast 2022-2027 
• Exhibit 62: Chart on Germany - Market size and forecast 2022-2027 ($ billion)
• Exhibit 63: Data Table on Germany - Market size and forecast 2022-2027 ($ billion)
• Exhibit 64: Chart on Germany - Year-over-year growth 2022-2027 (%)
• Exhibit 65: Data Table on Germany - Year-over-year growth 2022-2027 (%)

• 9.4 France - Market size and forecast 2022-2027 
• Exhibit 66: Chart on France - Market size and forecast 2022-2027 ($ billion)
• Exhibit 67: Data Table on France - Market size and forecast 2022-2027 ($ billion)
• Exhibit 68: Chart on France - Year-over-year growth 2022-2027 (%)
• Exhibit 69: Data Table on France - Year-over-year growth 2022-2027 (%)

• 9.5 UK - Market size and forecast 2022-2027 
• Exhibit 70: Chart on UK - Market size and forecast 2022-2027 ($ billion)
• Exhibit 71: Data Table on UK - Market size and forecast 2022-2027 ($ billion)
• Exhibit 72: Chart on UK - Year-over-year growth 2022-2027 (%)
• Exhibit 73: Data Table on UK - Year-over-year growth 2022-2027 (%)

• 9.6 Spain - Market size and forecast 2022-2027 
• Exhibit 74: Chart on Spain - Market size and forecast 2022-2027 ($ billion)
• Exhibit 75: Data Table on Spain - Market size and forecast 2022-2027 ($ billion)
• Exhibit 76: Chart on Spain - Year-over-year growth 2022-2027 (%)
• Exhibit 77: Data Table on Spain - Year-over-year growth 2022-2027 (%)

• 9.7 Rest of EMEA - Market size and forecast 2022-2027 
• Exhibit 78: Chart on Rest of EMEA - Market size and forecast 2022-2027 ($ billion)
• Exhibit 79: Data Table on Rest of EMEA - Market size and forecast 2022-2027 ($ billion)
• Exhibit 80: Chart on Rest of EMEA - Year-over-year growth 2022-2027 (%)
• Exhibit 81: Data Table on Rest of EMEA - Year-over-year growth 2022-2027 (%)

• 9.8 Market opportunity by geography 
• Exhibit 82: Market opportunity by geography ($ billion)
• Exhibit 83: Data Table on Market opportunity by geography ($ billion)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers

• 10.2 Market challenges

• 10.3 Impact of drivers and challenges 
• Exhibit 84: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends

11 Vendor Landscape

• 11.1 Overview

• 11.2 Vendor landscape
• Exhibit 85: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption
• Exhibit 86: Overview on factors of disruption

• 11.4 Industry risks
• Exhibit 87: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered
• Exhibit 88: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 89: Matrix on vendor position and classification

• 12.3 ACS Construction Group Ltd. 
• Exhibit 90: ACS Construction Group Ltd. - Overview
• Exhibit 91: ACS Construction Group Ltd. - Product / Service
• Exhibit 92: ACS Construction Group Ltd. - Key offerings

• 12.4 AFRIDECA Group (Pty) Ltd. 
• Exhibit 93: AFRIDECA Group (Pty) Ltd. - Overview
• Exhibit 94: AFRIDECA Group (Pty) Ltd. - Product / Service
• Exhibit 95: AFRIDECA Group (Pty) Ltd. - Key offerings

• 12.5 Al Naboodah Construction Group 
• Exhibit 96: Al Naboodah Construction Group - Overview
• Exhibit 97: Al Naboodah Construction Group - Product / Service
• Exhibit 98: Al Naboodah Construction Group - Key offerings

• 12.6 Arabtec Constructions 
• Exhibit 99: Arabtec Constructions - Overview
• Exhibit 100: Arabtec Constructions - Product / Service
• Exhibit 101: Arabtec Constructions - Key offerings

• 12.7 Balfour Beatty Plc
• Exhibit 102: Balfour Beatty Plc - Overview
• Exhibit 103: Balfour Beatty Plc - Business segments
• Exhibit 104: Balfour Beatty Plc - Key offerings
• Exhibit 105: Balfour Beatty Plc - Segment focus

• 12.8 BIC Contracting LLC
• Exhibit 106: BIC Contracting LLC - Overview
• Exhibit 107: BIC Contracting LLC - Product / Service
• Exhibit 108: BIC Contracting LLC - Key offerings

• 12.9 BOUYGUES
• Exhibit 109: BOUYGUES - Overview
• Exhibit 110: BOUYGUES - Product / Service
• Exhibit 111: BOUYGUES - Key offerings

• 12.10 Consolidated Contractors Co. 
• Exhibit 112: Consolidated Contractors Co. - Overview
• Exhibit 113: Consolidated Contractors Co. - Product / Service
• Exhibit 114: Consolidated Contractors Co. - Key offerings

• 12.11 Eiffage
• Exhibit 115: Eiffage - Overview
• Exhibit 116: Eiffage - Product / Service
• Exhibit 117: Eiffage - Key offerings

• 12.12 Implenia AG
• Exhibit 118: Implenia AG - Overview
• Exhibit 119: Implenia AG - Product / Service
• Exhibit 120: Implenia AG - Key offerings

• 12.13 Kier Group plc
• Exhibit 121: Kier Group plc - Overview
• Exhibit 122: Kier Group plc - Business segments
• Exhibit 123: Kier Group plc - Key offerings
• Exhibit 124: Kier Group plc - Segment focus

• 12.14 Skanska AB
• Exhibit 125: Skanska AB - Overview
• Exhibit 126: Skanska AB - Business segments
• Exhibit 127: Skanska AB - Key offerings
• Exhibit 128: Skanska AB - Segment focus

• 12.15 UCCHolding
• Exhibit 129: UCCHolding - Overview
• Exhibit 130: UCCHolding - Product / Service
• Exhibit 131: UCCHolding - Key offerings

• 12.16 Vinci
• Exhibit 132: Vinci - Overview
• Exhibit 133: Vinci - Business segments
• Exhibit 134: Vinci - Key offerings
• Exhibit 135: Vinci - Segment focus

• 12.17 WBHO Ltd.
• Exhibit 136: WBHO Ltd. - Overview
• Exhibit 137: WBHO Ltd. - Business segments
• Exhibit 138: WBHO Ltd. - Key offerings
• Exhibit 139: WBHO Ltd. - Segment focus

13 Appendix

• 13.1 Scope of the report

• 13.2 Inclusions and exclusions checklist 
• Exhibit 140: Inclusions checklist
• Exhibit 141: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 142: Currency conversion rates for US$

• 13.4 Research methodology
• Exhibit 143: Research methodology
• Exhibit 144: Validation techniques employed for market sizing
• Exhibit 145: Information sources

• 13.5 List of abbreviations 
• Exhibit 146: List of abbreviations

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