Residential Construction Industry Growth Remains Upheld by Government Initiatives for Housing Industry

Published on : Jan 03, 2019

Albany, New York, January 3, 2019: Low interest rates, urbanization and favorable government initiatives for residential construction are driving the growth of residential construction industry. Besides, surge in trend of skyscrapers are bolstering the residential construction industry. These snippets are in line with the report titled, “Residential Construction Global Industry Guide 2013-2022,” which has been recently incorporated in the repository of Market Research Hub (MRH). According to the analysis, construction activities in the Asia Pacific region, covering more than 50% of the global industry have propped up the residential construction industry.

On the backdrop of governments providing subsidies and funds, the residential construction industry has propelled. One of the apt instances is the Australian government funding $15,000 on the basis of first home owners grant scheme. However, unpredictability lingering with the residential construction industry have restrained the companies from expanding into new markets. The U.S. suffers from shortage of labor which while China and India have favorable labor workforce.

Residential Construction Industry: Report Content

The report elucidates a comprehensive analysis on the residential construction industry by perusing through the drivers, opportunities and trends which bolster the growth and analyses the restraints that inhibit the growth of the market. The report does qualitative and quantitative analysis of the industry.

The report starts with the executive summary followed by market overview and market outlook. The report does the assessment of the industry through the macroeconomic indicators. The report includes the Porters’ Five Force Analysis to assess the competitive landscape of residential construction industry. In addition, report also does assessment of mega-project pipeline, estimated spending on various projects and segregation by development stage across sectors.

An exhaustive analysis of the competitive landscape illustrates profiles of prominent players in the global market space. Furthermore, the report examines the strategic moves, areas of interest, and recent developments done by eminent players in construction market.

Residential Construction Industry: Research Methodology

The report provides research methodology consisting of secondary and primary research. The analysis in the report is on the back of secondary research, primary interviews and assessment by expert panel. The research methodology includes entry-level research by deciphering growth, size and prominent players in the residential construction sector.

The secondary research incorporates press release, trade journals, regulatory database and relevant patent, financial reports, SEC filings, broker reports, company websites, Factiva, statistical database and industry white paper, national government documents, news articles, recent trade and internal & external proprietary databases. The primary research includes technical writing, surveys, e-mail interaction, and interviews analysis of seasoned analyst, trade associations and phonic interviews.

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