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Sector Analysis
NewConstruction Market Size, Trends and Growth Forecasts by Regions and Countries, 2024-2028
This report provides a detailed analysis of the prospects for the global construction industry up to 2028. The challenging macroeconomic and geopolitical environment will see growth in the global construction industry slow in 2024. Real global construction output is anticipated to grow by 1.6%, having grown by 4.1% in 2023. Although the slowdown is being felt across many markets, growth in advanced economies is expected to be more impacted – with growth in 2024 falling by 1%, driven by lower...
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Sector Analysis
NewSaudi Arabia Construction Market Size, Trend Analysis by Sector, Competitive Landscape and Forecast to 2028
Reasons to buy the ‘Saudi Arabia Construction’ market sizing report: Get a comprehensive analysis of the construction industry in Saudi Arabia. Access the historical and forecast valuations of the Saudi Arabian construction industry along with details of key growth drivers. Identify the sectors and sub-sectors within the Saudi Arabia construction market. Analyze the mega-project pipeline, including breakdowns by development stage across all sectors. Assess the projected spending on projects in the existing pipeline. Learn about the major projects in the Saudi...
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Sector Analysis
NewMexico Construction Market Size, Trend Analysis by Sector, Competitive Landscape and Forecast, 2023-2028
Following a strong overall annual growth of 15.6% in 2023, GlobalData expects the Mexican construction industry to decline by 4.5% in 2024 before declining 3.7% in 2025. This trend will be driven by a high base effect after significant growth in 2023, as well as challenges like high inflation – causing building materials and wages to rise, and cancellation of construction projects. For example, in February 2024, the development of 35 wind power generation, collectively worth MXN100.8 billion ($5.8 billion),...
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Sector Analysis
NewAzerbaijan Construction Market Size, Trend Analysis by Sector, Competitive Landscape and Forecast to 2028
Azerbaijan Construction Market Report Overview The Azerbaijan construction market size was $10.8 billion in 2023 and will achieve an AAGR of more than 4% during 2025-2028. Public and private investments in transport infrastructure, renewable energy projects, and housing will drive the country’s construction sector growth during the forecast period. Azerbaijan Construction Market Outlook, 2023-2028 ($ Billion) Buy the Report to Get More Insights on the Azerbaijan Construction Market Outlook Download a Free Report Sample The Azerbaijan construction market research report provides...
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Sector Analysis
NewNigeria Construction Market Size, Trend Analysis by Sector, Competitive Landscape and Forecast to 2028
Nigeria Construction Market Report Overview The Nigeria construction market size was $136.6 billion in 2023. The market will grow at an AAGR of 3% during 2025-2028. Investment in electricity, transport, industrial, infrastructure, and oil and gas projects will aid the growth of the Nigerian construction market. Nigeria Construction Market Outlook, 2023-2028 ($ Billion) Buy the Full Report to Know More about the Nigeria Construction Market Forecast Download a Free Report Sample The Nigeria construction market research report offers detailed market...
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Sector Analysis
NewPhilippines Construction Market Size, Trend Analysis by Sector, Competitive Landscape and Forecast to 2028
Philippines Construction Market Overview The Philippines construction market size was $65.2 billion in 2023. The market will achieve an AAGR of more than 7% during 2025-2028. The government’s focus on infrastructure and energy development will support market expansion in real terms in 2024. Furthermore, the government’s focus on developing transport and energy infrastructure, along with investment to develop affordable housing and social infrastructure will drive the market growth during the forecast period. Philippines Construction Market Outlook, 2023-2028 ($ Billion) Buy...
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Sector Analysis
NewItaly Construction Market Size, Trend Analysis by Sector, Competitive Landscape and Forecast to 2028
Italy Construction Market Report Overview The Italy construction market size was $311.3 billion in 2023. The market will achieve an AAGR of less than 1% during 2025-2028 supported by investments in renewable energy, transport, and industrial infrastructure. Italy Construction Market Outlook, 2023-2028 ($ Billion) Buy the Full Report to Know More about the Italy Construction Market Forecast Download a Free Report Sample The Italy construction market research report gives a comprehensive understanding of project types and construction activities in the...
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Sector Analysis
NewThailand Construction Market Size, Trend Analysis by Sector, Competitive Landscape and Forecast to 2028
Thailand Construction Market Report Overview The Thailand construction market size was $25.3 billion in 2023. The market will achieve an AAGR of more than 4% during 2025-2028. The government’s focus on the development of tourism infrastructure, energy generation and housing projects will fuel the market growth during the forecast period. Thailand Construction Market Outlook, 2023-2028 ($ Billion) Buy the Full Report to Know More about the Thailand Construction Market Forecast Download a Free Report Sample The Thailand construction market research...
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Sector Analysis
NewLatvia Construction Market Size, Trend Analysis by Sector, Competitive Landscape and Forecast to 2028
GlobalData expects the construction industry in Latvia to shrink by 6% in real terms in 2024, following an annual growth of 17.9% in 2023, owing to a high base effect, coupled with headwinds such as elevated inflation, high interest rates and construction material prices, as well as supply chain disruptions caused by the Red Sea conflict. According to the Central Statistical Bureau (CSB), the average Construction Cost Index (CCI) grew by 1.7% year-on-year (YoY) in the first two months of...
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Sector Analysis
NewIndia Construction Market Size, Trend Analysis by Sector, Competitive Landscape and Forecast to 2028
India Construction Market Report Overview The construction market size in India was $825.6 billion in 2023 and will achieve an AAGR of more than 5% during 2025-2028. The growth of the market is attributed to investment in the construction of hotels, industrial, green energy, and transport infrastructure projects. India Construction Market Outlook, 2023-2028 ($ Billion) Buy the Full Report to Know More about the India Construction Market Forecast Download a Free Report Sample The India construction market research report offers...