Industry Analysis & Industry Trends
Over the five years through 2014, revenue for the Building Construction industry has been growing at an average annualized rate of 20.0% to $1.75 trillion. There are about 28,000 construction firms in this industry, up from 23,000 in 2009. Most of the building construction major players also have operations in civil engineering, real estate development (IBISWorld industry report 7210), professional engineering services (7671), plan designing, building materials manufacturing, and construction machinery manufacturing (3613). By operating across different sectors, they are able to decrease costs and maintain stable supply sources.... purchase to read more
Industry Report - Industry Key Buyers Chapter
The concentration level of the Building Construction Industry in China is very low, with the top four market participants accounting for 10.7% of industry revenue in 2014.
The industry's structure is fragmented across regional markets. Only a limited number of companies operate on a national scale and have formed significant economies of scales. The majority of construction enterprises are small in scale with limited business and regional scope.
Construction enterprises with less than 500 employees accounted for over 74% of total enterprises in 2008. Enterprises with 500 to 999 employees made up 14% of total enterprises, and those with 1,000 to 4,999 employees totaled nearly 11%... purchase to read more