This statistic displays a projection of the market output of the construction sector worldwide in 2021, broken down by region. It is expected that in that year, the Asia Pacific region's construction output will reach *** trillion U.S. dollars.
The global construction market size was valued at USD 12,633.9 billion in 2021 and is anticipated to expand at a CAGR of 6.2% during the forecast period, 2022–2030. The growth of the market is attributed to technological development and convenient infrastructure.
Construction includes maintenance, repairs, additions, and new work for organizations and sole traders. The construction market includes services such as subdividing land for sale as building sites and preparing sites for new enterprises. The construction of roadways is essential to the operation structures and services such as transportation and travelling. The construction division consists of renovating existing residential structures and specialized building equipment such as escalators, elevators, and service station equipment. The construction business gave rise to employment such as an interior designer, a construction manager, a contractor, and advisors. The design of the building should be convenient and appropriate for use, and financially possible to build. The financial structure must be sufficient to construct the design suggested by the client and to pay all legally owed amounts. The new surge of antibacterial construction provides protection against microbes and bacteria. Antibacterial technology is used for maintaining floors & carpets, wiring accessories, wall coverings, and door handles.
The COVID-19 pandemic negatively affected various industries, due to the social distancing norms and lockdown imposed by governments. The pandemic caused great damage to the value chain at all scale and levels. Many construction projects are cancelled and postponed, as lockdowns were imposed, which had a negative impact on small and medium businesses. People returned to workplace and businesses and adapted the hybrid working environment recently. Therefore, the need for commercial real estate sub-sector is increasing, as companies need convenient space for their employees.
The forecasted construction market growth rate in 2021 among the Middle East and North Africa (MENA) region was the highest for Egypt at *** percent, and the lowest for the United Arab Emirates (UAE) at minus *** percent. Construction across the MENA region was expected to contract by *** percent in 2020.
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The global data center construction market size was valued at $61.84 billion in 2024 and is expected to reach $113.62 billion by 2029, growing at a CAGR of 10.67% from 2023 to 2029.
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This post-pandemic data center construction market in Western Europe report has assessed the shift in consumer behavior and has identified and explored the upcoming trends and drivers that the vendors can capitalize on to support prompt business decisions. In this data center construction market in Western Europe analysis report, key drivers such as the release of general data protection regulation have been discussed with emerging growth regions, which will offer immense business opportunities. Our analysts have also identified challenges such as the impact of Brexit, which will impede market growth. With these insights, the vendors can recreate their plan of action to obtain growth opportunities in the future.
What will the Data Center Construction Market Size in Western Europe be in 2021?
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Who are the Key Vendors in the Data Center Construction Market in Western Europe?
The data center construction market in Western Europe forecast report provides insights on complete key vendor profiles and their business strategies to reimage themselves. The profiles include information on the production, competitive landscape, sustainability, and prospects of the leading companies including:
ABB Ltd.
AECOM
Cisco Systems Inc.
Dell Technologies Inc.
Eaton Corporation Plc
Hewlett Packard Enterprise Development LP
Honeywell International Inc.
International Business Machines Corp.
Ove Arup & Partners International Ltd.
Schneider Electric SE
The data center construction market in Western Europe is fragmented and the vendors are deploying various growth strategies to compete in the market. Click here to uncover other successful business strategies deployed by the vendors.
This data center construction market in Western Europe report further entails segmentation by construction type (electrical construction, general construction, and mechanical construction) and geography (the UK, Germany, the Netherlands, France, and the rest of Western Europe). View our sample report to gather market insights on the segmentations.
To make the most of the opportunities, vendors should focus on fast-growing segments, while maintaining their positions in the slow-growing segments. Fetch actionable market insights on post COVID-19 impact on each product and service segments.
Which are the Key Regional Markets for Data Center Construction Market in Western Europe?
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The report offers an up-to-date analysis of the geographical composition of the market. The rest of Western Europe will record a fast growth rate during 2021-2025, owing to which the region should offer several growth opportunities to market vendors. The increasing investments in green data centers will significantly influence data center construction market growth in Western Europe. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report. This report provides estimations of the contribution of all regions to the growth of the data center construction market size in Western Europe.
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What are the Key Factors Covered in this Data Center Construction Market in Western Europe Report?
CAGR of the market during the forecast period 2021-2025
Detailed information on factors that will drive data center construction market growth in Western Europe during the next five years
Precise estimation of the data center construction market size in Western Europe and its contribution to the parent market
Accurate predictions on upcoming trends and changes in consumer behavior
The growth of the data center construction market in Western Europe
A thorough analysis of the market’s competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of data center construction market vendors in Western Europe
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Data Center Construction Market Scope in Western Europe
Report Coverage
Details
Page number
120
Base year
2020
Forecast period
2021-2025
Growth momentum & CAGR
Accelerate at a CAGR of 9%
Market growth 2021-2025
$ 6.72 billion
Market structure
Fragmented
YoY growth (%)
7.21
Regional analysis
UK, Germany, The Netherlands, France, and Rest of Western Europe
Competitive landscape
China has become the largest construction market in the world. In 2020, the construction industry value in China amounted to ***** billion U.S. dollars. As the government has planned to focus on improving the infrastructure in small and medium-sized cities, the construction industry was forecasted to maintain a continuous growth at around **** percent annually.
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The construction market output in Argentina was valued at US$26.20 billion in 2020 and is forecast to record growth of more than 30% in 2021. The sector’s output in this year will be supported by the weak base effect of last year, coupled with the acceleration of public works to reactivate the economy. Residential construction represented the largest sector in Argentina’s construction market in 2020, followed by infrastructure, energy and utilities, commercial, industrial, and institutional. Read More
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Switzerland’s construction industry is forecast to record growth of 2.5% in 2021, following a contraction of 4.2% in 2020. The outbreak of the Coronavirus (COVID-19) pandemic and subsequent lockdown restrictions weighed on the industry’s output last year. Reflecting the pandemic’s impact on construction activities, the industry’s value-add fell sharply by 1.2% year on year (YoY) in Q1 2021, preceded by a Y-o-Y 3.1% contraction in Q4 2020, according to Eurostat. Read More
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Divergent trends in the building and infrastructure sectors have constrained the Construction division’s performance through the end of 2024-25, with revenue expected to drop by an annualised 1.2% to $521.2 billion. Rollercoaster-like trends in the residential building market and pandemic-related supply chain disruptions have constrained the performance of homebuilders and many special construction service industries. Still, favourable trends in non-residential building construction and non-building infrastructure construction generate buoyant conditions for some Construction division segments. New house construction surged to a record peak in 2021-22, supported by the Federal Government’s HomeBuilder stimulus and record-low interest rates. Still, new house construction has plunged in recent years following the hike in mortgage interest rates as the RBA seeks to quell inflation. Many small homebuilders have hit the wall in response to intense competition, escalating input costs and plunging profit margins. Conversely, the construction of multi-unit apartments and townhouses has gradually recovered from the deep trough in 2021-22 as investors return to address the severe rental shortages in the face of mounting population pressures. Divisional revenue contracted with the 2023-24 housing slump and is expected to sink 3.2% in 2024-25. Some large prime and specialist trade contractors have derived substantial stimulus from constructing landmark road and rail developments, including the WestConnex motorway in Sydney and the Cross River Rail in Brisbane. Similarly, conditions have been strong for contractors working on non-residential building projects, particularly accelerated growth in the construction of industrial warehouses and distribution facilities. Favourable trends in the residential building market are forecast to underpin modest growth in Construction division revenue at an annualised 1.2% over the five years through 2029-30 to $554.0 billion. Many prime building and special construction contractors will benefit from an upswing in demand for constructing multi-unit dwellings and, to a lesser extent, single-unit housing and home renovations. The housing market will benefit from the initiatives under the National Housing Accord. Construction activity will remain stable in the non-residential market. At the same time, the principal constraint on the Construction division will come from the staged completion of several landmark road and rail projects.
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After registering growth of 6.8% in 2020, the Vietnamese construction sector is expected to grow by 8.2% this year, supported by investments in transport and energy infrastructure. According to the General Statistics Office (GSO), the construction industry’s value-add continues to gain momentum following a slowdown in the first half of 2020, growing by an estimated 8% year on year (YoY) in the first quarter of 2021. However, a surge of new Coronavirus (COVID-19) cases in recent weeks may precipitate a further downturn if the government imposes stricter lockdown measures. Read More
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Economic uncertainty and inflationary pressures have spurred a degree of instability in the UK economy in recent years. This has spurred a reluctance among private investors to dedicate significant spending towards capital ventures, weighing on lead generation in commercial building construction markets. High construction costs and rising interest rates have led to further apprehension among property developers to engage in new ventures, though long-term government capital procurement frameworks have provided some resilience to wavering provate investemt. Revenue is slated to rise at a compound annual rate of 0.5% over the five years through 2024-25, reaching £22.8 billion. Aided by the release of pent up demand and a stronger than anticipated initial economic recovery from the pandemic, the industry recorded a strong rebound in new orders from pandemic-induced lows in 2021-22, particularly in private commercial and private industrial markets. However, capacity constraints and the impact of reduced new work volumes secured during the height of the pandemic limited output growth. Growth in new order volumes slowed in 2022-23, as economic uncertainty compounded and rising tender prices reduced the propensity of investors to commit to commercial real estate ventures. High borrowing costs continued to weigh on investor sentiment in 2023-24. However, a steady stream of work on projects procured through capital procurement frameworks, including Procure23 and the School Rebuilding Programme, is set to maintain revenue growth through the current year. Revenue is expected to increase by 6.6% in 2024-25. Revenue is slated to climb at a compound annual rate of 0.3% to reach £23.2 billion over the five years through 2029-30. The effects of the UK's economic slowdown will continue to bite in the near term, as weak order books limit remuneration. Input price inflation is set to continue to ease in the medium term. However, material costs are likely to remain elevated and a construction worker shortage will pressure profit. Commitments made by the government as part of capital procurement frameworks will continue to support demand for commercial building contractors in the coming years, while private sector order books should improve as borrowing costs come down.
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Global Buildings Construction market size 2021 was recorded $5754.53 Billion whereas by the end of 2025 it will reach $7292.42 Billion. According to the author, by 2033 Buildings Construction market size will become $11711. Buildings Construction market will be growing at a CAGR of 6.1% during 2025 to 2033.
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The Europe data center construction market size was valued at USD 11.60 billion in 2024 and is expected to reach USD 32.27 billion by 2030, growing at a CAGR of 18.58% from 2024 to 2030.
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This dry construction market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers dry construction market segmentation by end-user (residential building and commercial building) and geography (North America, Europe, APAC, MEA, and South America). The dry construction market report also offers information on several market vendors, including Armstrong World Industries Inc., Boral Ltd., Compagnie de Saint-Gobain SA, CSR Ltd., Etex NV, Fletcher Building Ltd., Grupo Promax, Knauf Gips KG, Pacific Coast Building Products Inc., and Xella International GmbH among others.
What will the Dry Construction Market Size be During the Forecast Period?
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Dry Construction Market: Key Drivers, Trends, and Challenges
Based on our research output, there has been a negative impact on the market growth during and post COVID-19 era. The rise in global construction and infrastructure development activities is notably driving the dry construction market growth, although factors such as higher cost of dry construction than conventional constructions methods in developing regions may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the dry construction industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.
Key Dry Construction Market Driver
The rise in global construction and infrastructure development activities is one of the key factors driving the global dry construction market growth. The growing demand for public infrastructure in emerging economies, such as India and China, is contributing to the growth of the construction industry in these economies. Many new hospitals, educational institutions, stadiums, indoor sports complexes, malls, and mega shopping centers have been built in the past few years because of the growing population and the increasing per capita income of individuals. Government initiatives and major investments in new projects have further boosted the growth of the construction industry. Under this mission, the government is also expected to build new water storage facilities, power infrastructure, and social infrastructures, such as indoor sports complexes, livelihood centers, and community centers. Hence, there is a wide scope for utilizing dry construction techniques in these newly constructed buildings owing to their cost-effectiveness and flexibility. Thus, the above construction and infrastructure development activities are expected to raise the demand exponentially for dry construction during the forecast period.
Key Dry Construction Market Trend
The rising demand for luxury vinyl tile (LVT) flooring will fuel the global dry construction markets growth. LVT is produced by fusing several layers of vinyl and composites, and then the required design is printed on it using advanced printing and embossing technology. The production method of LVTs grants it greater durability than VCT, SVT, or mosaic tiles. This also allows manufacturers to produce high-quality floor tiles in various designs, such as natural hardwood, stone, and other non-conventional shapes and geometric designs. LVT flooring is currently available in tile and plank form factors. The tiles come in either self-adhesive type or locking type, which does not require additional flooring adhesive for installing the tiles. The ease of installation of LVT has made it very popular among builders, professional installers, and even do-it-yourself (DIY) enthusiasts. Most of the major dry flooring product companies have already introduced a wide variety of LVT products in the market, and other companies are expected to follow this trend, as the demand for LVT flooring is growing among the customers. Some of the major brands of LVT available in the market are Adura by Mannington Mills, Alterna by Armstrong, and Allura by Forbo Flooring Systems.
Key Dry Construction Market Challenge
The higher cost of dry construction than conventional construction methods in developing regions is a major challenge for the global dry construction market growth. Dry constructions require prefabricated panels and structures that are made in factories using advanced techniques. Moreover, the wood or gypsum used as a base in wallboards and partitions may not be available in abundance in all countries. This makes the raw materials for dry construction costlier than dry construction and mortar. In some countri
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The Construction sector has expanded over the past five years; nonresidential construction activity has been particularly strong, and a surge in materials costs has driven up contractors' rates. Contractors in the sector construct buildings and engineer projects across a wide range of industries and applications, so construction sector revenue tends to correlate with broader macroeconomic conditions. Volatile interest rates, specifically, have impacted sector activity in recent years, with high rates having cooled residential construction activity since 2022. Sector revenue has risen at a CAGR of 4.1% to reach an expected $3.7 trillion in 2025, including an estimated increase of 1.5% in 2025 alone as recent interest rate cuts encourage investment. In recent years, contractors have benefited from easing supply chain issues, with the price of construction materials having slowly fallen from its May 2022 peak (though remaining well above pre-pandemic prices). This more predictable business environment has only had a limited positive effect on the average sector profit margin, however, as the construction sector's perennial labor shortage has kept wage costs high. In 2025, the second Trump administration's policies have disrupted this previously stabilizing business environment, with ever-shifting tariff policies making it harder to plan for the future. A mounting trade war has the potential to disrupt supply chains and drive up the cost of materials, while plans for mass deportations threaten to further limit the sector's labor pool. Still, potential interest rate cuts in the coming years stand to spur increased investment in construction activity. Contractors are set to continue to benefit from increasing commercial and infrastructure construction activity, aided by the 2021 Infrastructure Investment and Jobs Act, the 2022 CHIPS and Science Act and the 2022 Inflation Reduction Act. The Trump administration has looked to disrupt some of the funding included in these bills, particularly that which targets the previous administration's climate goals, however. Basic macroeconomic drivers, including population growth, will continue to expand the construction sector. Areas of the country with lower regulatory burdens, namely the Southeast, will continue to outpace the country as a whole in both construction activity and population growth. Overall, sector revenue is set to climb at a CAGR of 2.0% to reach $4.1 trillion in 2030.
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Construction Estimating Software market report offers historical data points and forecasts and revenue growth at a global, regional, and country level, and provides analysis, industry trends, and consumption pattern details for each region, major country, and segment from 2018 to 2034
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Switzerland’s construction industry is forecast to record growth of 2.5% in 2021, following a contraction of 4.2% in 2020. The outbreak of the Coronavirus (COVID-19) pandemic and subsequent lockdown restrictions weighed on the industry’s output last year. Reflecting the pandemic’s impact on construction activities, the industry’s value-add fell sharply by 1.2% year on year (YoY) in Q1 2021, preceded by a Y-o-Y 3.1% contraction in Q4 2020, according to Eurostat. Read More
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The Green Construction Market size to reach USD 788.5 Billion in 2034 growing at a CAGR of 8.5%. The research report classifies market by share, trend, demand and based on segmentation by Material, Product Type, Application, End-Use, and Region.
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Saudi Arabia’s construction industry is forecast to recover in 2021, growing by 2.9%, after contracting by an estimated 0.5% in 2020. In 2022, the industry is projected to continue to recover, growing by 3.2%, and then expand by 4.3% over the remainder of the forecast period (2023-2025). Over this period, the industry’s output is expected to be supported by the government’s focus on the development of overall infrastructure, as well as energy and utilities construction projects, in a bid to diversify its economy away from oil. Read More
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The India Construction Market Report is Segmented by Sector (Residential, Commercial and Infrastructure), by Construction Type (New Construction and Renovation), by Construction Method (Conventional On-Site, and More), by Investment Source (Public and Private), and by Region (North India, South India, West India, East India and Central India). The Market Forecasts are Provided in Terms of Value (USD).
This statistic displays a projection of the market output of the construction sector worldwide in 2021, broken down by region. It is expected that in that year, the Asia Pacific region's construction output will reach *** trillion U.S. dollars.