Title: Nonresidential Building Construction Market 2023-2032: Outlook, Growth, And Demand
1Nonresidential Building Construction Global
Market Report 2023
Market Size, Trends and Global Forecast 2023-2032
2Nonresidential Building Construction Market
Definition
Non-residential construction is the process of
building, altering, repairing, improving, or
demolishing any non-residential building or
structure such as industrial buildings,
commercial buildings, buildings for public
entertainment, etc.
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3Nonresidential Building Construction Market
Characteristics
The global nonresidential building construction
market grew from 2791.54 billion in 2022 to
2903.75 billion in 2023 at a compound annual
growth rate (CAGR) of 4.0. The nonresidential
building construction market is expected to grow
to 3294.4 billion in 2027 at a CAGR of 3.2.
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4Key Market Drivers And Trends
Drivers
Trends
Building construction companies are increasingly
using green construction techniques to build
energy-efficient buildings and reduce
construction costs.
A rapidly growing urban population is expected to
increase the demand for new residential and
commercial buildings during the forecast period.
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Drivers, Trends, Restraints, Strategies, And
Opportunities On The Nonresidential Building
Construction Market Request For A Sample
5Nonresidential Building Construction Global
Market Segments
The report covers the nonresidential building
construction markets segments-
By Building Type
By Type
By End User Sector
Non residential Smart Buildings, Traditional
Buildings
Institutional Buildings, Commercial Buildings
Private, Public
6Major companies in the market include
Key Market Players
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711 reasons why TBRC is the solution you need
- Measure the impact of high global inflation on
market growth - Market sizing information from 2017 to 2023 and
forecasted to 2032 - Assess the Russia-Ukraine wars impact on
commodity supply and its direct and indirect
impact on all the markets - Understand how the market has been impacted by
the COVID-19 pandemic - Gain a truly global perspective with the most
comprehensive report available on the market
covering 60 geographies - Create regional and country strategies on the
basis of local data and analysis - Identify growth segments for investment
- Outperform competitors using forecast data and
the drivers and trends shaping the market - Understand customers based on the latest market
shares - Benchmark performance against key competitors
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