DUBLIN–(BUSINESS WIRE)–The “United States Construction and Materials Industry – Growth, Trends, and Forecasts (2022-2026)” report has been added to ResearchAndMarkets.com’s offering.
This report looks at the Construction industry in the United States. The report examines the current environment as well as trends that influence the development of the various segments.
The report covers residential and non-residential sub-sectors. Moreover, heavy machinery and construction materials suppliers are also covered in the report. The report covers market characteristics, size and growth, segmentation, M&A landscape, trends and strategies for this market. The report begins with an overview of the current environment which highlights the present scenario prevalent in the industry
The Industry overview section begins with an overview of the structure of the US construction market. This section provides a brief snapshot of the US Construction industry. It also highlights the two main segments – Residential and Non-Residential.
The Industry size highlights the growth expectations and includes a five year forecast for the construction market.
Some of the key findings of the report:
The residential construction activity rebounded in 2021, despite high material prices and the spread of coronavirus. Despite mortgage rates rising as the Federal Reserve tightens monetary policy to fight high inflation, homebuilding is likely to remain supported by a dearth of homes available for sale
The non-residential sector has a promising story supported by favorable regulatory policies. The US government passed the Infrastructure Investment and Jobs Act (IIJA). The regulation provides for US$550 billion in spending over the next five years. This spending touches every sector of infrastructure, from transportation and water to energy and broadband
The sector growth looks sustainable over the next couple of years, driven by a robust economic growth outlook for the US. The OECD projects US GDP to grow at 3.7% and 2.4% in 2022 and 2023, respectively.
The market performance of both – US Home Builders and the E&C players, as measured by their respective indices, has outperformed the benchmark over the last year.
While the demand outlook for the sector is strong, it faces few headwinds. This includes supply chain disruptions and escalating raw material costs. The other challenge is on the labor force front. The industry suffers from a talent shortage.
Key players profiled in the report include D.R. Horton, Lennar, Pulte, NVR, KB Home, Bechtel, Turner, AECOM, Jacobs, Caterpillar and Quanta.
Key Topics Covered:
Current Environment
Leading Players
US Residential Construction
Machine Makers and Building Materials
US Non-Residential Construction
Mergers and Acquisitions
Industry Overview
Industry Size and Value
Market Trends
Market Outlook
Scope of the Report
Key References
Companies Mentioned
AECOM
Bechtel
Caterpillar
Deere
Horton
Jacobs
KB Home
Lennar
NVR
Pulte
Quanta
Turner
For more information about this report visit https://www.researchandmarkets.com/r/vie008
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