Indian Construction Industry in India 2020 Growth, Outlook, Future Opportunities

1. Orion Market Research Indian Construction Market 2020 Industry Growth, Trends, Insights and Forecast Report 2026 For free sample request visit: https://marketinsight.in/request-sample/indian- construction-industry-growth-rate Contact Person:Mr. Anurag Tiwari Email:-info@marketinsight.in Contact no: +91 780-304-0404

2. Infrastructure development is a crucial aspect of both advanced and developing economies. Construction of transportation networks, installation of electricity grids, and water plant installation are the major construction activities involved in the construction industry of the emerging economies. Renovation of the old infrastructure to keep pace with the rising demand for new and upgraded infrastructure is the major construction activity involved in the developed and advanced economies. The construction industry imparts a direct impact on the growth of the global economy as the industry offers employment to a large population base. Get Free Sample Copy @ https://marketinsight.in/request-sample/indian-construction-industry- growth-rate As per the World Economic Forum, in March 2018, the construction industry as a whole offered employment to more than 100 million people across the globe. With total annual revenues of almost $10 trillion and an added value of $3.6 trillion, the industry held for 6% of the global GDP. More specifically, it accounts for about 5% of total GDP in developed countries, while in developing countries it tends to account for more than 8% of GDP. The industry is expected to grow considerably in the coming years, to estimated revenues of $15 trillion by 2025. The Asia-Pacific region is anticipated to hold a major market share in the global construction industry. The Middle East and African region are anticipated to showcase considerable growth in the construction industry owing to the rapid expansion of construction activities in Dubai and other countries of the region. Rising urbanization, rise in Investment for construction projects, and government support for infrastructure development are the key drivers of the global construction industry. A Full Report of Indian Indian Construction Industry is Available at: https://marketinsight.in/industry-reports/indian-construction-industry-growth-rate Rising urbanization-Driving the Global Construction Industry: According to the United Nations Population Division, around 54% of the global population was living in the urban area in 2014 that

3. was estimated to be around 3.86 billion. The population is expected to reach 66% by 2050 which will be more than 6.0 billion people. As per the World Urbanization Prospects by the UN, the largest urban growth will take place in India, China, and Nigeria by 2050. The increased urban population in the cities creates a new standard for better infrastructure requirements which in turn will drive the global construction industry. For More Customized Data, Request for Report Customization @ https://marketinsight.in/report- customization/indian-construction-industry-growth-rate About Market Insight Marketinsight.in, a sub-division of Orion Market Research (OMR), is a determined market research firm that simply aims at providing services such as consulting, customize research, field research and a growth strategy plan to the Indian enterprises. It provides a complete suite of customized services focused on to bringing process efficiency and market effectiveness in its services. Media Contact: Company Name: Market Insight Contact Person: Mr. Anurag Tiwari Email: info@marketinsight.in Contact no: +91 780-304-0404