United States Construction Market, Forecast to 2024: A $1.4+ Trillion Opportunity - ResearchAndMarkets.com

The "United States Construction Industry Databook Series - Market Size & Forecast by Value and Volume, Opportunities in Top 10 Cities, and Risk Assessment" report has been added to ResearchAndMarkets.com's offering.

The building construction industry in the United States is expected to record a CAGR of 5% to reach USD 1,428.5 billion by 2024. The residential construction industry in value terms increased at a CAGR of 7.5% during 2015-2019. The commercial building construction market in value terms is expected to record a CAGR of 6.3% over the forecast period.

The construction of mixed-use projects is increasing throughout key US states, with structure of American downtown areas and suburbs beginning to resemble each other. This is especially true in states such as Florida, California and New York. In Florida, the construction of mixed-use properties is growing quicker than any other state in the US, with nearly 35% key construction projects in Florida being mixed-use construction developments.

With the rising residential permits in the United States, further growth is expected in the residential sector. In line with other global markets, public investment in affordable housing is a key theme and it is expected to support the growth of the residential building construction industry.

This report provides data and trend analyses on building construction industry in the United States, with over 80 KPIs. This is a data-centric report and it provides trend analyses with over 120+ charts and 100+ tables. It details market size & forecast, emerging trends, market opportunities, and investment risks in over 30 segments in residential, commercial, industrial and institutional 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 key cities, helping clients assess key regions to target within the city.

Report Scope

This report provides market size and forecast across 40+ construction segments for a period of 10 years from 2015-2024 in United States.

KPIs covered include the following:

• Market size by value
• Market size by volume of construction
• Number of units

United States Residential Building Construction Coverage: 10-year market size & forecast in value and volume (area and units) terms by

• Housing type (multi family, single family)
• Key cities (Tier - 1, Tier - 2, Tier - 3 segmentation)
• Top 10 cities in United States
• Price point / income level (luxury, mid-tier, affordable)
• Construction stage (new construction, re-development, maintenance)

United States Commercial Building Construction Coverage: 10-year market size & forecast in value and volume (area and units) terms by

• Office building (further broken down by Grade A, Grade B, and Grade C)
• Retail building
• Hospitality and luxury building
• Restaurant
• Entertainment
• Sports facility
• Construction stage (new construction, re-development, maintenance)
• Key cities (Tier - 1, Tier - 2, Tier - 3 segmentation)
• Top 10 cities in United States

United States Industrial Building Construction Coverage: 10-year market size & forecast in value and volume (area and units) terms by

• Manufacturing plants
• Chemical & pharmaceutical
• Metal & material processing
• Construction stage (new construction, re-development, maintenance)
• Key cities (Tier - 1, Tier - 2, Tier - 3 segmentation)
• Top 10 cities in United States

United States Institutional Building Construction Coverage: 10-year market size & forecast in value and volume (area and units) terms by

• Healthcare construction
• Educational construction
• Public sector
• construction stage (new construction, re-development, maintenance)
• Key cities (Tier - 1, Tier - 2, Tier - 3 segmentation)
• Top 10 cities in United States

United States 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)

Cities Covered

• New York
• Los Angeles
• Chicago
• Philadelphia
• Washington DC
• Boston
• Dallas
• Houston
• Phoenix
• San Diego

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 building and infrastructure construction industry in the United States.
• Volume and Value Data: Get detailed understanding of the market both from value and volume (both by activity and units) perspective for historical as well as 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 construction industry.
• City Level Insights: Get city level trend analyses to identify unique opportunities across key cities and also by tier-1, tier-2, and tier-3 cities.

Companies Mentioned

• Toll Brothers Inc
• Clark Construction Group LLC
• STO Building Group
• Black & Veatch Corporation
• Matrix Service Co
• Helpful Alliance Company
• IMEG Corporation
• American Civil Constructors
• American Technologies Inc
• Amedore Homes Inc
• Century Home Builders Group
• E.W. Howell Co LLC
• Huitt-Zollars Inc
• Hathaway Dinwiddie Construction Company
• Fieldstone Homes
• Arkel International LLC
• Flatiron Construction Corporation
• Hoffman Construction Co
• History Maker Homes
• Lease Crutcher Lewis
• David E. Harvey Builders Inc
• Hunzinger Construction Co
• JS Builders LLC
• Calprop Corporation
• G S E Construction Company Inc

For more information about this report visit https://www.researchandmarkets.com/r/g4ha7p

View source version on businesswire.com: https://www.businesswire.com/news/home/20200330005548/en/