Global Building Construction Sustainability Innovation and Growth Opportunities
Circularity is the Way Forward for Transformational Growth of Building Construction
The global building construction market saw a decline in output in 2020 due to the COVID-19 pandemic. However, following the reopening of economic activities in 2021, market recovery in many countries resulted in an extraordinary growth of 14.7% that year. The market will register a CAGR of 5.8% from 2022 to 2028.
Three major strategic imperatives impact the building construction market, namely Transformative Mega Trends, Disruptive Technologies, and Industry Convergence.
• Transformative Mega Trends—the building industry and its construction activities account for approximately 35% of the global energy
consumption, and subsequently contribute around 40% of the global carbon dioxide emissions. To reduce energy consumption and emissions,
participants across the building industry value chain, including those in the building construction market, will need to adopt sustainable
construction practices.
• Disruptive Technologies—digital technologies and applications, such as data analytics, will be a necessity in the transition toward sustainable
building construction. Participants should incorporate digital models and applications that enhance circularity in building construction.
• Industry Convergence—building construction participants, digital technology providers, and sustainability experts will be the backbone of
partnerships and collaborations driving the industry to growth.
This study also provides an overview of sustainability innovation, examples of technologies or solutions pertaining to sustainability solutions, and 15 growth opportunities that support the building lifecycle stages—design, construction, and operations.
Strategic Imperatives
Why is it Increasingly Difficult to Grow?
The Strategic Imperative 8™
The Impact of the Top 3 Strategic Imperatives on the Building Construction Industry
Growth Opportunities Fuel the Growth Pipeline Engine™
Growth Environment
Market Measurements
Sustainability Themes in Building Construction
Growth Opportunity Ecosystem
Top Predictions for the Global Building Construction Market
Growth Opportunity Analysis
Scope of Analysis
Segmentation by Construction Type
Segmentation by Region
Key Competitors
Growth Metrics
Growth Drivers
Growth Restraints
Forecast Assumptions
Revenue Forecast
Revenue Forecast by Construction Type
Revenue Forecast by Region
Table Building Construction: Revenue Forecast by Region, Global, 2019-2028
Revenue Forecast Analysis
Competitive Environment
Growth Opportunity Analysis-North America
Growth Metrics
Revenue Forecast
Revenue Forecast by Construction Type
Revenue Forecast by Region
Revenue Forecast by Construction Type and Country
Revenue Forecast Analysis
Competitor Landscape
Growth Opportunity Analysis-Europe
Growth Metrics
Revenue Forecast
Revenue Forecast by Construction Type
Revenue Forecast by Region
Table Building Construction: Revenue Forecast by Region, Europe, 2019-2028
Revenue Forecast by Construction Type and Country
Revenue Forecast Analysis
Competitor Landscape
Growth Opportunity Analysis-APAC
Growth Metrics
Revenue Forecast
Revenue Forecast by Construction Type
Revenue Forecast by Region
Table Building Construction: Revenue Forecast by Region, APAC, 2019-2028
Revenue Forecast by Construction Type and Country
Revenue Forecast Analysis
Competitor Landscape
Growth Opportunity Analysis-MEA
Growth Metrics
Revenue Forecast
Revenue Forecast by Construction Type
Revenue Forecast by Region
Table Building Construction: Revenue Forecast by Region, MEA, 2019-2028
Revenue Forecast by Construction Type and Country
Revenue Forecast Analysis
Competitor Landscape
Growth Opportunity Analysis-LATAM
Growth Metrics
Revenue Forecast
Revenue Forecast by Construction Type
Revenue Forecast by Region
Table Building Construction: Revenue Forecast by Region, LATAM, 2019-2028
Revenue Forecast by Construction Type and Country
Revenue Forecast Analysis
Competitor Landscape
Sustainability Innovation in Building Construction
Environmental Effects of COVID-19
Overview of Sustainability Innovation in Building Construction
Sustainability Themes in Building Construction
NZEHs
Construction Management
Prefabrication and Modular Construction
Sustainable Materials
HVAC and Lighting
Resource Efficiency
Sustainability Innovation-Highlighted Companies
Sekisui House Australia
Daiwa House Modular Europe
CapitaLand
Growth Opportunity Universe-Design
Growth Opportunity 1: Residential Solar PV Systems
Growth Opportunity 2: ZEB to Grid Interaction
Growth Opportunity 3: BIM and Digital Twin
Growth Opportunity 4: Construction Management Software
Growth Opportunity 5: AI-powered Building Optimization Solutions
Growth Opportunity Universe-Construction
Growth Opportunity 1: Online Modular Building Configurator