THE GLOBAL CONSTRUCTION INDUSTRY

MARKET ANALYSIS IN THE LIGHT OF THE COVID-19 CRISIS

In addition to a comprehensive view of the sector's environment and demand (macroeconomic factors, changes brought about by digital transformation and ecological transition, etc.), the study provides our exclusive analysis of the past evolution of the global construction industry and its prospects. In particular, it outlines the impact of the health crisis and the lessons to be learned from the current situation.

COMPANIES' BUSINESS STRATEGIES

Accelerating the transition to low-carbon construction, diversification, restructuring, reorientation, efforts on digital transformation, external growth and internationalisation : the report details the growth levers prioritised by the world leaders in the construction industry, after analysing their main strengths and weaknesses.

EXPLANATION OF THE CHANGES IN THE COMPETITIVE LANDSCAPE

This report also provides an individualised and aggregated financial analysis of the operators' financial performance. In particular, it deciphers the evolution of sales and operating profit rate for the analysed companies.

1. EXECUTIVE SUMMARY

SUMMARY AND KEY PAGES OF THE REPORT

The summary provides all the elements needed to understand the major trends in the sector and foreseeable developments, drawing on analyses of the market outlook and the strategies of the companies.

2. MARKET FUNDAMENTALS

SCOPE OF THE REPORT

OVERVIEW

FUNDAMENTALS OF THE CONSTRUCTION INDUSTRY

3. THE MARKET AND LEADERS' ACTIVITY

SECTORAL ENVIRONMENT

• Overview (PESTEL analysis)

• Public authorities

• Ecology

• Socio-demographic trends

• Socio-cultural trends

• Technology

THE GLOBAL CONSTRUCTION MARKET

• Key market indicators

• Construction costs

• International trade

LEADERS' ACTIVITY AND PERFORMANCES

• Revenue

• Operating profit

• Activity and individual performance

4. COMPETITION AND LEADERS' STRATEGIES

COMPETITIVE ENVIRONMENT

• Porter's 5 forces (Overview)

• Intra-sector competition

• Threat of new entrants

• Government Influence

• Bargaining power of suppliers

LEADERS' STRATEGIES

• Overview

• Restructuring

• Diversification

• Decarbonising

• Integrating digital into operations

• Expanding and investing in growth

• Internationalisation

• Acquisitions, partnerships and joint ventures

• Diversifying sources of revenue

5. SOURCES

6. ANNEXES

7. FORCES AT WORK

• Rankings of the 10 world leaders in the global construction industry

• Key performance indicators of the 10 leaders (revenue growth and EBIT rate)

• SWOT analysis of the 10 leaders

8. LEADERS' PROFILES

• China Communications Construction Company (CCCC)

• Vinci

• Actividades de Construcción y Servicios (ACS)

• Bouygues

• Strabag

• Eiffage

• Hyundai Engineering & Construction

• Kajima

• Skanska

• Obayashi