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Construction in the United States

Summary

Construction in the United States industry profile provides top-line qualitative and quantitative summary information including: market size (value 2015-19, and forecast to 2024). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

- The construction market is defined as the value of work put in place annual for both residential and non-residential construction.
- The US construction industry had total revenues of $1,581.5bn in 2019, representing a compound annual growth rate (CAGR) of 2.3% between 2015 and 2019.
- The construction industry is highly correlated with the construction material and house markets.
- During the Trump presidency, federal tax cuts have increased most people’s net incomes, which created an initial boom in demand for residential construction over the 2016-2017 period.

Scope

- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the construction market in the United States
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the construction market in the United States
- Leading company profiles reveal details of key construction market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the United States construction market with five year forecasts

Reasons to Buy

- What was the size of the United States construction market by value in 2019?
- What will be the size of the United States construction market in 2024?
- What factors are affecting the strength of competition in the United States construction market?
- How has the market performed over the last five years?
- What are the main segments that make up the United States's construction market?