The report “Impact of COVID-19 on the global construction industry by type (residential, non-residential, civil and heavy engineering) and by region – Forecasts until 2021” has been added to the ResearchAndMarkets. com.
The length of the global structure market site is expected to increase from USD 11217. 4 billion in 2019 to USD 10566. 8 billion in 2020 However, the industry will show recovery symptoms in 2021 and succeed in a market location of $11,496. 7 billion, projecting a CAGR of 1. 2% between 2019 and 2021.
It is hoped that increased automation in public spaces, as well as the development of awareness of antibacterial fabric, will animate the structure industry after the COVID-19 pandemic. However, the closure of production facilities, the unavailability of raw fabrics, and the effect on the chain of origin and logistics are expected to slow down the expansion of the industry.
The coronavirus pandemic has created many demanding situations for many corporations, governments, organizations and corporations around the world Companies operating in other sectors respond with other tactics to make some commercial continuity, chain-of-origin flexibility, and other measures similar to cutting-edge tactics to generate revenue Uncertainties similar to this pandemic have affected the civil and heavy engineering sector. Despite the effects of COVID-19, some civil engineering activities have been maintained to some extent and are expected to continue in the very short term. several countries and, as a result, corporations are willing to continue to execute their contracts to avoid liquidation damages; however, these activities are expected to be prevented as soon as chains of origin are interrupted due to shortages of appliances and materials. are starting to end spfining contracts.
APAC is expected to record the highest CAGR in terms of price in the global structure industry during the forecast period. APAC ruled the structure industry in 2019. Construction companies have many opportunities in the APAC market compared to opposite numbers in Europe and North America due to cheap labor and raw materials. Several commodity corporations have closed production sites in countries to prevent further spread of coronavirus. This interruption in production has led to relief in materials in Asian countries, adding India and China.
The report provides a thorough investigation into structured corporations such as:
Bechtel Group (United States)
Balfour Beatty (United Kingdom)
ACS Group (Spain)
China State Construction Engineering Corporation Limited (China)
Construction of L
PCL Construction Companies (Canada)
Skanska Construction (Sweden)
Search coverage
This report covers the global structures industry and predicts market life until 2021. The report includes market site segmentation: type (residential, non-residential, and heavy civil engineering) and region (Europe, North America, APAC, South America, and the Middle East). Africa). The report discusses Porter’s five strengths, as well as drivers and restrictions. It also provides business profiles and competitive methods followed through key players in the global structures industry.
Key issues addressed in the report
What are the main sectors of the industry?
Which region is the fastest and maximum development market for the structures industry?
What technologies are there in the structure sector?
What are the main ones followed through the main market players?
What will the structure of the industry look like in 2021?
Key topics covered:
1. Introduction
2 Research methodology
3 Macroeconomic indicators
4 Customer analysis
5 Impact of COVID-19: building ecosystem
6 Impact of COVID-19 on companies
7 winning strategies of construction companies
8 Impact of COVID-19 on industry
To learn more about this report, https://www. researchandmarkets. com/r/w46ye3
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See the edition in businesswire. com: https://www. businesswire. com/news/home/20200929005783/fr/
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