Over the five years through 2015, revenue for the Building Construction industry has been growing at an average annualized rate of 16.2% to $1.98 trillion. There are about 29,000 construction firms in this industry, up from 25,000 in 2010. Most of the building construction major players also have operations in civil engineering, real estate development (IBISWorld report 7210), professional engineering services (7671), plan designing, building materials manufacturing, and construction equipment manufacturing (3613). By operating across different sectors, they are able to decrease costs and maintain stable supply sources.
Businesses in the Building Construction Industry in China construct residential buildings, commercial buildings, hotels, office buildings, schools, hospitals, airport terminals, harbors, railway stations and factories. This report does not include analysis on the construction of bridges, subways, highways, railways, pipelines, and mines.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.