United States Construction Industry Databook Market Size & Forecast 2014-2023, Q3 2019 Update - ResearchAndMarkets.com

DUBLIN--()--The "United States Construction Industry Databook Series - Market Size & Forecast (2014 - 2023) by Value and Volume across 40+ Market Segments in Residential, Commercial, Industrial, Institutional and Infrastructure Construction, - Updated in Q3, 2019" report has been added to ResearchAndMarkets.com's offering.

In first half of 2018, construction expenses in US accounted to US$ 673 billion, which recorded as US$ 615 billion in 2017. The construction industry in United States is expected to record a CAGR of 4.9% to reach US$ 1,804.8 billion by 2023. The residential construction industry in value terms increased at a CAGR of 9.1% during 2014-2018. The commercial building construction market in value terms is expected to record a CAGR of 6.8% over the forecast period. The infrastructure construction was estimated to be US$ 358.9 billion in 2018, posting a CAGR of 6.3% during review period.

United States construction industry outlook is attraction this fiscal year backed by strong economic conditions, numerous job opportunities and the government's commitment to boost construction industry. Over the last eight quarters in US, booming construction activity and increased spending in this sector have expedited the demand of heavy construction across the country.

Enhanced commodity price environment, strong market position and favourable business environment are driving activity across a range of building and infrastructure construction segments. Growth in renewable projects is one of the key sectors driving construction activity in infrastructure and industrial building sectors. The US government is investing massively in networking, which is boosting construction activity in communication sector. Consequently, there are new opportunities in heavy construction segment.

US is likely to see increased spending as the Trump administration unveils an infrastructure plan valued at US$ 1.5 trillion, subsequently uplifting the revenues and profits of construction industry players. On the other hand, factors such as high construction material cost and controlled mortgage environment are limiting the growth.

In first few months of 2018, the tariffs of steel and aluminium were changed and impacted construction material cost adversely. Further, the trade partners of US such as China, Mexico, Canada and European Union had traffic clashes, leading to supply chain disruptions. However, market environment looks positive going forward, and construction industry is likely to benefit from improved conditions.

Key Topics Covered:

1 About this Report

2 United States Construction Industry Dynamics and Growth Prospects

3 United States Residential Construction Industry Market Size and Forecast

4 Analysis by Residential Construction Markets Outlook by Construction type

5 Analysis by Residential Construction Markets Outlook by Key Cities

6 Analysis by Residential Construction Markets Outlook by Price Point

7 Residential Building Construction Growth Trend Analysis by Development Stage

8 United States Commercial Construction Industry Market Size and Forecast

9 Outlook and Growth Dynamics by Office Building Construction

10 Retail Building Construction Outlook

11 Hospitality and Luxury Building Construction Outlook

12 Restaurant Building Construction Outlook

13 Sports Facility Building Construction Outlook

14 Entertainment Building Construction Outlook

15 Commercial Building Construction Growth Trend Analysis by Development Stage

16 United States Industrial Construction Industry Market Size and Forecast

17 Outlook and Growth Dynamics by Industrial Building Construction Sectors

18 Industrial Building Construction Growth Trend Analysis by Development Stage

19 United States Institutional Construction Industry Market Size and Forecast

20 Outlook and Growth Dynamics by Institutional Building Construction Sectors

21 Institutional Building Construction Growth Trend Analysis by Development Stage

22 United States Building Construction Analysis by Key Cities

23 United States Utility System Infrastructure Construction Industry Market Size and Forecast

24 United States Transport Infrastructure Construction Industry Market Size and Forecast

25 United States Marine and Inland Water Infrastructure Construction Industry Market Size and Forecast

26 Infrastructure Construction Growth Trend Analysis by Development Stage

27 Further Reading

Companies Mentioned

  • Caterpillar Inc
  • Bechtel Corp
  • Deere & Co
  • Fluor Corp
  • Fluor Corporation
  • AECOM
  • Ferguson Enterprises Inc
  • Sherwin-Williams Co
  • CBRE Group Inc.
  • D.R. Horton Inc.
  • Lennar Corporation
  • United States Steel Corp
  • Jacobs Engineering Group Inc.
  • Steel Dynamics Inc.
  • Mohawk Industries Inc.
  • Quanta Services Inc.
  • Kiewit Corporation
  • PulteGroup Inc

For more information about this report visit https://www.researchandmarkets.com/r/ngqz5r

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Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900