DUBLIN, February 10, 2022–(BUSINESS WIRE)–The “Global Non-Residential Building Construction Market Report 2022” report has been added to from ResearchAndMarkets.com offer.
The global non-residential building construction market is expected to grow from $2,675.51 billion in 2021 to $2,989.95 billion in 2022 at a compound annual growth rate (CAGR) of 11.8%. The market is expected to reach USD 4484.30 billion in 2026 at a CAGR of 10.7%.
Major companies in the market include Shanghai Construction Group Co., Ltd.; Bouygues SA; Greenland Holding Group; Obayashi Society; Daiwa House Group.
The main types of non-residential building construction are institutional buildings and commercial buildings. Institutional buildings are municipal structures that can be financed either by public funds or by private funds. Institutional structures are often ornate and subject to public scrutiny and involvement during the design process. The different building types include non-residential smart buildings, traditional buildings and are implemented in various sectors such as private and public.
Asia Pacific was the largest non-residential building construction market region in 2021. North America was the second largest non-residential building construction market region.
A rapidly growing urban population is expected to increase the demand for new residential and commercial buildings over the forecast period. According to the United Nations World Urbanization Prospects report, more than two-thirds (60%) of the world’s population is expected to live in cities by 2050.
Great opportunities are expected to arise in Asian countries such as Indonesia, Vietnam and the Philippines, which are becoming increasingly popular for export-oriented manufacturing. According to the World Bank, the urban population in South Asia is expected to increase by 250 million by 2030. This rapid urbanization is expected to drive the demand for new infrastructure and boost the market for non-residential building construction over the forecast period. .
Building construction companies are increasingly using green building techniques to construct energy-efficient buildings and reduce construction costs. Green building refers to the practice of using sustainable building materials and construction processes to create energy-efficient buildings with minimal environmental impact. According to the Global Green Building Trends Survey, approximately 60% of construction companies worldwide were involved in green building projects.
Certifications such as Leadership in Energy and Environmental Design (LEED) help construction companies develop sustainable, high-performance residential and commercial buildings, and also provide a variety of benefits, from tax deductions to marketing opportunities. Sustainable building materials such as natural paints and steel beams made from recycled materials are widely used in the UK.
Other green building techniques such as cross ventilation for a more natural environment, green building software such as Construction Suite to ensure green compliance and the Green Globes management tool are also used in the construction industry .
Main topics covered:
2. Structure of the report
3. Characteristics of the non-residential building construction market
3.1. Market definition
3.2. Key segments
4. Non-Residential Building Construction Market Product Analysis
4.1. Featured products/services
4.2. Key Features and Differentiators
4.3. Development products
5. Non-residential building construction market supply chain
5.1. Supply Chain
5.3. End customers
6. Non-residential Building Construction Market Customer Information
6.1. Customer preferences
6.2. End-use market size and growth
7. Non-residential Building Construction Market Trends and Strategies
8. Impact of COVID-19 on the construction of non-residential buildings
9. Non-residential building construction market size and growth
9.1. Market size
9.2. Historical Market Growth, Value (Billions of dollars)
9.2.1. Market Drivers
9.2.2. Market Constraints
9.3. Market growth forecast, value (in billions of dollars)
9.3.1. Market Drivers
9.3.2. Market Constraints
10. Non-residential Building Construction Market Regional Analysis
10.1. Global non-residential building construction market, 2021, by region, value (USD billion)
10.2. Global Non-Residential Building Construction Market, 2016-2021, 2021-2026F, 2031F, Historical & Forecast, By Region
10.3. Global Non-Residential Building Construction Market Growth and Market Share Comparison, By Region
11. Non-residential Building Construction Market Segmentation
11.1. Global non-residential building construction market, segmentation by type, history and forecast, 2016-2021, 2021-2026F, 2031F, billion dollars
11.2. Global non-residential building construction market, segmentation by end-user industry, historical and forecast, 2016-2021, 2021-2026F, 2031F, billion dollars
11.3. Global non-residential building construction market, segmentation by building type, history and forecast, 2016-2021, 2021-2026F, 2031F, billion dollars
12. Non-residential Building Construction Market Segments
12.1. Global Institutional Buildings Market, Segmentation by Type, 2016-2021, 2021-2026F, 2031F, Value (USD Billion) – Educational Buildings; Buildings of public utility; Government buildings; Religious buildings; Health buildings
12.2. Global Commercial Buildings Market, Segmentation by Type, 2016-2021, 2021-2026F, 2031F, Value (USD Billion) – Office and Factory Buildings; Reception and catering buildings; Entertainment and sports buildings; Retail and other commercial buildings
13. Non-residential building construction market measurements
13.1. Non-residential building construction market size, percentage of GDP, 2016-2026, global
13.2. Average per capita expenditure in the non-residential building construction market, 2016-2026, world
Shanghai Construction Group Co., Ltd.
Greenland Holding Group
Daiwa House Group
China Metallurgical Corps
Sunac China Holdings Ltd.
Brookfield Asset Management
For more information on this report, visit https://www.researchandmarkets.com/r/ytff5v
See the source version on businesswire.com: https://www.businesswire.com/news/home/20220210005588/en/
Laura Wood, Senior Press Officer
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