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Construction Market in EMEA by Type and Geography - Forecast and Analysis 2022-2026

  • Published: Apr 2022
  • Pages: 120
  • SKU: IRTNTR73326
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The construction market share in EMEA is expected to increase to USD 557.63 million from 2021 to 2026, at a CAGR of 4.06%.

This construction market in EMEA 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 construction market segmentation in EMEA by type (commercial and residential) and geography (EMEA). The construction market in EMEA report also offers information on several market vendors, including ACS Construction Group, AFRIDECA Group (Pty) Ltd., AIROLINK INTERNATIONAL CONSTRUCTION LLC, Al Futtaim Group Co., Al Habtoor Group LLC, Al Naboodah Construction Group, Arabtec Constructions, Balfour Beatty Plc, Dutco Group of Companies, Eiffage, Implenia AG, Khansaheb Civil Engineering LLC, Kier Group plc, Magarpatta Township Development and Construction Co. Ltd., Middle East Foundations and Structures Pvt. Ltd., Saudi Binladin Group, Skanska AB, THE BOUYGUES GROUP, UCCHolding, and Vinci Construction SL among others.

What will the Construction Market Size in EMEA be During the Forecast Period?

Construction Market Size

Download the Free Report Sample to Unlock the Construction Market Size in EMEA for the Forecast Period and Other Important Statistics

 

Construction Market in EMEA: Key Drivers, Trends, and Challenges

The increase in construction of green buildings is notably driving the construction market growth in EMEA, although factors such as rise in the cost of construction may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the construction industry in EMEA. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Construction Market Driver in EMEA

One of the key factors driving growth in the construction market in EMEA is the increase in the construction of green buildings. The construction, establishment, and subsequent services of a building consume substantial amounts of energy. Buildings continuously consume energy from the surroundings without any replenishment. This highlights the need for appropriate energy-efficient buildings, such as green buildings that are ergonomically designed to consume minimal amounts of energy. Green buildings have introduced new dawn in the construction industry with a new blueprint. The demand for green buildings will grow significantly during the forecast period, owing to the growing awareness of global warming and climate change. As the rising demand for residential and non-residential building spaces in EMEA will likely drive energy consumption, improved efficiency in the building sector may offer significant reductions in emissions. Such developments may boost the market prospects for energy-efficient buildings. Thus, growing green building awareness and construction is expected to lead to growth in the construction market in EMEA during the forecast period.

Key Construction Market Trend in EMEA

The adoption of new technologies and materials is a construction market in EMEA trend that is expected to have a positive impact in the coming years. The construction industry is poised to experience several changes in terms of the implementation and incorporation of technology. The use of new materials and shifting focus toward the use of prefabricated modular building blocks are increasing productivity. The advent of new construction materials such as durable concrete, high-performance concrete, mineral admixtures, condensed silica fume, and high-volume fly ash concrete is due to technological advances in the manufacturing of these materials for use in construction sites. Though companies are slowly moving toward more automated and manufacturing-based construction methods, this will require greater and efficient supply chain management. Slow and steady implementation of technologies such as cloud-based software and high-volume fly ash concrete is the key to reaping its benefits to the maximum with minimal resistance from employees that are reluctant toward the adoption of new technologies. Thus, with the implementation of new technologies and raw materials, the focused market will grow during the forecast period.

Key Construction Market Challenge in EMEA

The rise in the cost of construction will be a major challenge for the construction market in EMEA during the forecast period. The construction industry involves various crucial building materials. These include stainless steel, hardened steel, cast iron, cement, brick, crude oil, aggregates, and metal alloys. The combined availability of these materials leads to price rises. This results in inflation and increases the overall construction cost of the structure. The construction industry makes use of different inputs such as raw materials, land, labor, and utility during the construction process. Prices of raw materials such as metals, wood, and concrete have been increasing in EMEA since 2016. The prices of raw materials such as metals, glass, and glassware are fluctuating. However, the prices of cement, lime, and plaster, which are the basic raw materials used in the construction industry, are registering a steady rise. This has led to an increase in the cost of construction, particularly for specialized construction work. Therefore, the increased construction costs can hinder market growth in the long run. It can also adversely affect the profit margin of vendors in the market. Thus, the rising cost of construction will restrict the growth of the focused market.

This construction market in EMEA analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the construction market in EMEA as a part of the global construction and engineering market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the construction market in EMEA during the forecast period.

Who are the Major Construction Market Vendors in EMEA?

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

 

  • ACS Construction Group
  • AFRIDECA Group (Pty) Ltd.
  • AIROLINK INTERNATIONAL CONSTRUCTION LLC
  • Al Futtaim Group Co.
  • Al Habtoor Group LLC
  • Al Naboodah Construction Group
  • Arabtec Constructions
  • Balfour Beatty Plc
  • Dutco Group of Companies
  • Eiffage
  • Implenia AG
  • Khansaheb Civil Engineering LLC
  • Kier Group plc
  • Magarpatta Township Development and Construction Co. Ltd.
  • Middle East Foundations and Structures Pvt. Ltd.
  • Saudi Binladin Group
  • Skanska AB
  • THE BOUYGUES GROUP
  • UCCHolding
  • Vinci Construction SL

 

This statistical study of the construction market in EMEA encompasses successful business strategies deployed by the key vendors. The construction market in EMEA is fragmented and the vendors are deploying growth strategies such as focusing on R&D and new product launches to compete in the market.

Product Insights and News

  • acsconstructiongroup.com ? The company offers construction that design and build team for the construction of structures, warehouses and industrial units.

  • acsconstructiongroup.com ? Under the unified segment, the company delivers the complete construction solution through our various business divisions: civils and infrastructure, groundworks, building, energy and development.

To make the most of the opportunities and recover from the post-COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The construction market in EMEA forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Construction Market in EMEA Value Chain Analysis

Our report provides extensive information on the value chain analysis for the construction market in EMEA, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

What are the Revenue-generating Type Segments in the Construction Market in EMEA?

Construction Market Market segmentation by region

To gain further insights on the market contribution of various segments Request for a FREE sample

The construction market share growth in EMEA by the commercial segment will be significant during the forecast period. The commercial construction segment in EMEA is expected to be primarily driven by the government plan to develop the tourism sector. The government has set a plan to transform Europe into one of the top regions in terms of tourist attractions and tourism revenue by 2023. The demand for new office spaces and administrative spaces is expected to increase with the growing commercial real estate sector. 

This report provides an accurate prediction of the contribution of all the segments to the growth of the construction market size in EMEA and actionable market insights on the post-COVID-19 impact on each segment.

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Construction Spending Market- The Market share for construction spending in GCC to post a strong CAGR of nearly 8% by 2019.

Construction Market Scope in EMEA

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Decelerate at a CAGR of 4.06%

Market growth 2022-2026

$557.63 million

Market structure

Fragmented

YoY growth (%)

4.4

Regional analysis

EMEA

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

ACS Construction Group, AFRIDECA Group (Pty) Ltd., AIROLINK INTERNATIONAL CONSTRUCTION LLC, Al Futtaim Group Co., Al Habtoor Group LLC, Al Naboodah Construction Group, Arabtec Constructions, Balfour Beatty Plc, Dutco Group of Companies, Eiffage, Implenia AG, Khansaheb Civil Engineering LLC, Kier Group plc, Magarpatta Township Development and Construction Co. Ltd., Middle East Foundations and Structures Pvt. Ltd., Saudi Binladin Group, Skanska AB, THE BOUYGUES GROUP, UCCHolding, and Vinci Construction SL

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.

Customization purview

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What are the Key Data Covered in this Construction Market in EMEA Regional Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive construction market growth in EMEA during the next five years
  • Precise estimation of the construction market size in EMEA and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the construction industry in EMEA
  • A thorough analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of construction market vendors in EMEA

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Country Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
    • 3.4 Market outlook: Forecast for 2021-2026
      • Exhibit 13: Chart on EMEA - Market size and forecast 2021-2026 ($ million)
      • Exhibit 14: Data Table on Regional - Market size and forecast 2021-2026 ($ million)
      • Exhibit 15: Chart on EMEA: Year-over-year growth 2021-2026 (%)
      • Exhibit 16: Data Table on Regional - Market size and forecast 2021-2026 ($ million)

    4 Five Forces Analysis

    • 4.1 Five forces summary
      • Exhibit 17: Five forces analysis - Comparison between2021 and 2026
    • 4.2 Bargaining power of buyers
      • Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
    • 4.3 Bargaining power of suppliers
      • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
    • 4.4 Threat of new entrants
      • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
    • 4.5 Threat of substitutes
      • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
    • 4.6 Threat of rivalry
      • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
    • 4.7 Market condition
      • Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

    5 Market Segmentation by Type

    • 5.1 Market segments
      • Exhibit 24: Chart on Type - Market share 2021-2026 (%)
      • Exhibit 25: Data Table on Type - Market share 2021-2026 (%)
    • 5.2 Comparison by Type
      • Exhibit 26: Chart on Comparison by Type
      • Exhibit 27: Data Table on Comparison by Type
    • 5.3 Commercial - Market size and forecast 2021-2026
      • Exhibit 28: Chart on Commercial - Market size and forecast 2021-2026 ($ million)
      • Exhibit 29: Data Table on Commercial - Market size and forecast 2021-2026 ($ million)
      • Exhibit 30: Chart on Commercial - Year-over-year growth 2021-2026 (%)
      • Exhibit 31: Data Table on Commercial - Year-over-year growth 2021-2026 (%)
    • 5.4 Residential - Market size and forecast 2021-2026
      • Exhibit 32: Chart on Residential - Market size and forecast 2021-2026 ($ million)
      • Exhibit 33: Data Table on Residential - Market size and forecast 2021-2026 ($ million)
      • Exhibit 34: Chart on Residential - Year-over-year growth 2021-2026 (%)
      • Exhibit 35: Data Table on Residential - Year-over-year growth 2021-2026 (%)
    • 5.5 Market opportunity by Type
      • Exhibit 36: Market opportunity by Type ($ million)

    6 Customer Landscape

    • 6.1 Customer landscape overview
      • Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    7 Geographic Landscape

    • 7.1 Geographic segmentation
      • Exhibit 38: Chart on Market share by geography - 2021-2026 (%)
      • Exhibit 39: Data Table on Market share by geography - 2021-2026 (%)
    • 7.2 Geographic comparison
      • Exhibit 40: Chart on Geographic comparison
      • Exhibit 41: Data Table on Geographic comparison
    • 7.3 Germany - Market size and forecast 2021-2026
      • Exhibit 42: Chart on Germany - Market size and forecast 2021-2026 ($ million)
      • Exhibit 43: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
      • Exhibit 44: Chart on Germany - Year-over-year growth 2021-2026 (%)
      • Exhibit 45: Data Table on Germany - Year-over-year growth 2021-2026 (%)
    • 7.4 France - Market size and forecast 2021-2026
      • Exhibit 46: Chart on France - Market size and forecast 2021-2026 ($ million)
      • Exhibit 47: Data Table on France - Market size and forecast 2021-2026 ($ million)
      • Exhibit 48: Chart on France - Year-over-year growth 2021-2026 (%)
      • Exhibit 49: Data Table on France - Year-over-year growth 2021-2026 (%)
    • 7.5 UK - Market size and forecast 2021-2026
      • Exhibit 50: Chart on UK - Market size and forecast 2021-2026 ($ million)
      • Exhibit 51: Data Table on UK - Market size and forecast 2021-2026 ($ million)
      • Exhibit 52: Chart on UK - Year-over-year growth 2021-2026 (%)
      • Exhibit 53: Data Table on UK - Year-over-year growth 2021-2026 (%)
    • 7.6 Spain - Market size and forecast 2021-2026
      • Exhibit 54: Chart on Spain - Market size and forecast 2021-2026 ($ million)
      • Exhibit 55: Data Table on Spain - Market size and forecast 2021-2026 ($ million)
      • Exhibit 56: Chart on Spain - Year-over-year growth 2021-2026 (%)
      • Exhibit 57: Data Table on Spain - Year-over-year growth 2021-2026 (%)
    • 7.7 Rest of EMEA - Market size and forecast 2021-2026
      • Exhibit 58: Chart on Rest of EMEA - Market size and forecast 2021-2026 ($ million)
      • Exhibit 59: Data Table on Rest of EMEA - Market size and forecast 2021-2026 ($ million)
      • Exhibit 60: Chart on Rest of EMEA - Year-over-year growth 2021-2026 (%)
      • Exhibit 61: Data Table on Rest of EMEA - Year-over-year growth 2021-2026 (%)
    • 7.8 Market opportunity by geography
      • Exhibit 62: Market opportunity by geography ($ million)

    8 Drivers, Challenges, and Trends

    • 8.1 Market drivers
      • 8.2 Market challenges
        • 8.3 Impact of drivers and challenges
          • Exhibit 63: Impact of drivers and challenges in 2021 and 2026
        • 8.4 Market trends

          9 Vendor Landscape

          • 9.1 Overview
            • 9.2 Vendor landscape
              • Exhibit 64: Overview on Criticality of inputs and Factors of differentiation
            • 9.3 Landscape disruption
              • Exhibit 65: Overview on factors of disruption
            • 9.4 Industry risks
              • Exhibit 66: Impact of key risks on business

            10 Vendor Analysis

            • 10.1 Vendors covered
              • Exhibit 67: Vendors covered
            • 10.2 Market positioning of vendors
              • Exhibit 68: Matrix on vendor position and classification
            • 10.3 ACS Construction Group
              • Exhibit 69: ACS Construction Group - Overview
              • Exhibit 70: ACS Construction Group - Product / Service
              • Exhibit 71: ACS Construction Group - Key offerings
            • 10.4 AFRIDECA Group (Pty) Ltd.
              • Exhibit 72: AFRIDECA Group (Pty) Ltd. - Overview
              • Exhibit 73: AFRIDECA Group (Pty) Ltd. - Product / Service
              • Exhibit 74: AFRIDECA Group (Pty) Ltd. - Key offerings
            • 10.5 Arabtec Constructions
              • Exhibit 75: Arabtec Constructions - Overview
              • Exhibit 76: Arabtec Constructions - Product / Service
              • Exhibit 77: Arabtec Constructions - Key offerings
            • 10.6 Balfour Beatty Plc
              • Exhibit 78: Balfour Beatty Plc - Overview
              • Exhibit 79: Balfour Beatty Plc - Business segments
              • Exhibit 80: Balfour Beatty Plc - Key offerings
              • Exhibit 81: Balfour Beatty Plc - Segment focus
            • 10.7 Eiffage
              • Exhibit 82: Eiffage - Overview
              • Exhibit 83: Eiffage - Product / Service
              • Exhibit 84: Eiffage - Key offerings
            • 10.8 Implenia AG
              • Exhibit 85: Implenia AG - Overview
              • Exhibit 86: Implenia AG - Product / Service
              • Exhibit 87: Implenia AG - Key offerings
            • 10.9 Kier Group plc
              • Exhibit 88: Kier Group plc - Overview
              • Exhibit 89: Kier Group plc - Product / Service
              • Exhibit 90: Kier Group plc - Key offerings
            • 10.10 Skanska AB
              • Exhibit 91: Skanska AB - Overview
              • Exhibit 92: Skanska AB - Business segments
              • Exhibit 93: Skanska AB - Key offerings
              • Exhibit 94: Skanska AB - Segment focus
            • 10.11 THE BOUYGUES GROUP
              • Exhibit 95: THE BOUYGUES GROUP - Overview
              • Exhibit 96: THE BOUYGUES GROUP - Product / Service
              • Exhibit 97: THE BOUYGUES GROUP - Key offerings
            • 10.12 Vinci Construction SL
              • Exhibit 98: Vinci Construction SL - Overview
              • Exhibit 99: Vinci Construction SL - Product / Service
              • Exhibit 100: Vinci Construction SL - Key offerings

            11 Appendix

            • 11.1 Scope of the report
              • 11.2 Inclusions and exclusions checklist
                • Exhibit 101: Inclusions checklist
                • Exhibit 102: Exclusions checklist
              • 11.3 Currency conversion rates for US$
                • Exhibit 103: Currency conversion rates for US$
              • 11.4 Research methodology
                • Exhibit 104: Research methodology
                • Exhibit 105: Validation techniques employed for market sizing
                • Exhibit 106: Information sources
              • 11.5 List of abbreviations
                • Exhibit 107: List of abbreviations
              • sector growth, including aviation and railroad: The global demand for air travel is increasing rapidly. Most of the developing countries such as China, India, Brazil, Vietnam, and Indonesia account for a large part of the growth of global air passenger traffic. This is leading to increased investment in the expansion of airports to increase their air traffic and passenger handling capacities. Apart from this, many regional airports and airstrips are being constructed to cater to regional demand for air travel. By 2026, global air passenger traffic is expected to see an increase of 50% over 2021. Thus, investments in the expansion of existing airports, construction of new airports, and airstrips will continue to increase during the forecast period.

                Research Framework

                Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

                TechnavioINFORMATION SOURCES

                Primary sources

                • Manufacturers and suppliers
                • Channel partners
                • Industry experts
                • Strategic decision makers

                Secondary sources

                • Industry journals and periodicals
                • Government data
                • Financial reports of key industry players
                • Historical data
                • Press releases
                Technavio

                TechnavioDATA ANALYSIS

                Data Synthesis

                • Collation of data
                • Estimation of key figures
                • Analysis of derived insights

                Data Validation

                • Triangulation with data models
                • Reference against proprietary databases
                • Corroboration with industry experts
                Technavio

                TechnavioREPORT WRITING

                Qualitative

                • Market drivers
                • Market challenges
                • Market trends
                • Five forces analysis

                Quantitative

                • Market size and forecast
                • Market segmentation
                • Geographical insights
                • Competitive landscape
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                Construction market growth will increase by $557.63 million during 2022-2026.
                The construction market is expected to grow at a CAGR of 4.06% during 2022-2026.
                Technavio has segmented the construction market by type (Commercial and Residential) and geographic (EMEA).
                ACS Construction Group, AFRIDECA Group (Pty) Ltd., AIROLINK INTERNATIONAL CONSTRUCTION LLC, Al Futtaim Group Co., Al Habtoor Group LLC, Al Naboodah Construction Group, Arabtec Constructions, Balfour Beatty Plc, Dutco Group of Companies, Eiffage, Implenia AG, Khansaheb Civil Engineering LLC, Kier Group plc, Magarpatta Township Development and Construction Co. Ltd., Middle East Foundations and Structures Pvt. Ltd., Saudi Binladin Group, Skanska AB, THE BOUYGUES GROUP, UCCHolding, Vinci Construction SL are a few of the key vendors in the construction market.
                EMEA will register the highest growth rate of 100% among the other regions. Therefore, the construction market in EMEA is expected to garner significant business opportunities for the vendors during the forecast period.
                • Germany
                • France
                • UK
                • Spain
                • Rest of EMEA
                The key factors driving the construction market growth are:
                • Increase in construction of green buildings
                • Adoption of new technologies and materials
                The construction market vendors should focus on grabbing business opportunities from the commercial segment as it accounted for the largest market share in the base year.
                • What are the key global market and the regional market share?
                • What are the revenue-generating key market segments?
                • What are the key factors driving and challenging this market’s growth?
                • Who are the key market vendors and their growth strategies?
                • What are the latest trends influencing the growth of this market?
                • What are the variables influencing the market growth in the primary regions?
                • What are the factors influencing the growth of the parent market?
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