Residential Construction in North America - Market Summary, Competitive Analysis and Forecast to 2025
Residential Construction in North America - Market Summary, Competitive Analysis and Forecast to 2025Summary
Residential Construction in North America industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2016-20, and forecast to 2025). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The residential construction market is defined as the value of work put in place annually for residential buildings. Market value is defined in general as the total output value of construction activity in any given time period, including costs related to construction materials, equipment and services for new construction, refurbishment, repair and maintenance and demolition. All market data and forecasts are represented in nominal terms (i.e. without adjustment for inflation) and all currency conversions used in the creation of this report have been calculated using constant 2020 annual average exchange rates.
- The North American residential construction market had total revenues of $901.9bn in 2020, representing a compound annual growth rate (CAGR) of 5.2% between 2016 and 2020.
- The new construction segment was the market's most lucrative in 2020, with total revenues of $486.9bn, equivalent to 54% of the market's overall value.
- Strengthened trade agreements have improved the performance of the the North American residential construction market and will continue to be a driving force for market growth over the forecast period.
Scope
- Save time carrying out entry-level research by identifying the size, growth, and leading players in the residential construction market in North America
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the residential construction market in North America
- Leading company profiles reveal details of key residential construction market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the North America residential construction market with five year forecasts by both value and volume
Reasons to Buy
- What was the size of the North America residential construction market by value in 2020?
- What will be the size of the North America residential construction market in 2025?
- What factors are affecting the strength of competition in the North America residential construction market?
- How has the market performed over the last five years?
- Who are the top competitiors in North America's residential construction market?
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