According to research, the construction industry in North America is expected to record a CAGR of 8.4% to reach USD 2,497.3 billion by 2024. The residential construction industry in value terms increased at a CAGR of 6.7% during 2015-2019. The commercial building construction market in value terms is expected to record a CAGR of 9.7% over the forecast period. The infrastructure construction was estimated to be USD 0.5 billion in 2019, posting a CAGR of 4.1% during review period.
Over the next 8 quarters, the report expects growth across residential, commercial, industrial, and institutional sectors in North America to remain impacted due to the economic downturn caused by the COVID-19 outbreak. Despite near term challenges, medium to long term outlook remains positive. Over the short term, investment in the construction industry will be driven by government spending in the infrastructure sector.
This report provides data and trend analyses on North American construction industry, with over 100 KPIs. This is a data-centric report and it provides trend analyses with over 450+ charts and 350+ tables. It details market size & forecast, emerging trends, market opportunities, and investment risks in over 40 segments in residential, commercial, industrial, institutional, and infrastructure construction sectors.
It provides a comprehensive understanding of construction industry sectors in both value and volume (both by activity and units) terms. The report focuses on combining industry dynamics with macro-economic scenario and changing consumer behavior to offer a 360-degree view of the opportunities and risks.
In addition to country level analysis, this report offers a detailed market opportunity assessment across top 30 cities, helping clients assess key regions to target within the city.
This report provides market size and forecast across 40+ construction segments for a period of 10 years from 2015-2024 in North America.
KPIs covered include the following:
Market size by value
Market size by volume of construction
Number of units
Residential Building Construction Coverage: 10-year market size & forecast in value and volume (area and units) terms by
Infrastructure Construction Sectors: 10-year market size & forecast in value terms by
Marine and inland water infrastructure
Utility system construction (oil and gas infrastructure, communication infrastructure, power infrastructure, water and sewer infrastructure)
Transportation infrastructure (highway, street and bridge construction, railway construction, airport construction, and tunnel construction)
Construction stage (new construction, re-development, maintenance)
Reason to Buy
In-depth Understanding of Construction Market Dynamics: Understand market opportunity, industry dynamics, key trends and drivers across 40+ market segments and sub-segments of North America building and infrastructure construction industry.
Volume and Value Data: Get a detailed understanding of the market both from value and volume (both by activity and units) perspective for the historical as well as the forecast period.
Develop Market Specific Strategies: Identify growth segments and target specific opportunities to formulate your strategy; assess market specific key trends, drivers and risks in the construction industry.
City Level Insights: Get city level trend analyses to identify unique opportunities across top 70 cities and also by tier-1, tier-2, and tier-3 cities.