PUBLISHER: TechNavio | PRODUCT CODE: 1456847
PUBLISHER: TechNavio | PRODUCT CODE: 1456847
Residential Construction Market in US 2024-2028
The residential construction market in US is forecasted to grow by USD 231.92 bn during 2023-2028, accelerating at a CAGR of 4.45% during the forecast period. The report on the residential construction market in US provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing household formation rates, favorable government policies and incentives for real estate, and rising economic growth and rising disposable income in US.
Technavio's residential construction market in US is segmented as below:
| Market Scope | |
|---|---|
| Base Year | 2024 |
| End Year | 2028 |
| Series Year | 2024-2028 |
| Growth Momentum | Accelerate |
| YOY 2024 | 4.15% |
| CAGR | 4.45% |
| Incremental Value | $231.92bn |
By Product
- Apartments and condominiums
- Villas
- Other types
By Type
- New construction
- Renovation
By Application
- Single family
- Multi-family
This study identifies the rising focus on sustainability in residential construction projects as one of the prime reasons driving the residential construction market in US growth during the next few years. Also, integration technology in building modeling and an increase in the rate of urbanization and population growth will lead to sizable demand in the market.
The report on the residential construction market in US covers the following areas:
- Residential construction market in US sizing
- Residential construction market in US forecast
- Residential construction market in US industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading residential construction market in US vendors that include Alliance Residential Co., ATCO Ltd., BEAZER HOMES USA INC., D. R. Hortons Inc., DRB Homes, Greystar Worldwide LLC, Hensel Phelps, HOCHTIEF AG, Hovnanian Enterprises, KAUFMAN and BROAD, Kiewit Corp., Lennar Corp., M/I Homes Inc., Meritage Homes Corp., Mill Creek Residential, NVR Inc., Pultegroup Inc., Taylor Morrison Inc., and TOLL BROTHERS INC. Also, the residential construction market in US analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources through an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
- 1.1 Market overview
2 Market Landscape
- 2.1 Market ecosystem
3 Market Sizing
- 3.1 Market definition
- 3.2 Market segment analysis
- 3.3 Market size 2023
- 3.4 Market outlook: Forecast for 2023-2028
4 Historic Market Size
- 4.1 Residential construction market in US 2018 - 2022
- 4.2 Product Segment Analysis 2018 - 2022
- 4.3 Type Segment Analysis 2018 - 2022
- 4.4 Application Segment Analysis 2018 - 2022
5 Five Forces Analysis
- 5.1 Five forces summary
- 5.2 Bargaining power of buyers
- 5.3 Bargaining power of suppliers
- 5.4 Threat of new entrants
- 5.5 Threat of substitutes
- 5.6 Threat of rivalry
- 5.7 Market condition
6 Market Segmentation by Product
- 6.1 Market segments
- 6.2 Comparison by Product
- 6.3 Apartments and condominiums - Market size and forecast 2023-2028
- 6.4 Villas - Market size and forecast 2023-2028
- 6.5 Other types - Market size and forecast 2023-2028
- 6.6 Market opportunity by Product
7 Market Segmentation by Type
- 7.1 Market segments
- 7.2 Comparison by Type
- 7.3 New construction - Market size and forecast 2023-2028
- 7.4 Renovation - Market size and forecast 2023-2028
- 7.5 Market opportunity by Type
8 Market Segmentation by Application
- 8.1 Market segments
- 8.2 Comparison by Application
- 8.3 Single family - Market size and forecast 2023-2028
- 8.4 Multi-family - Market size and forecast 2023-2028
- 8.5 Market opportunity by Application
9 Customer Landscape
- 9.1 Customer landscape overview
10 Drivers, Challenges, and Trends
- 10.1 Market drivers
- 10.2 Market challenges
- 10.3 Impact of drivers and challenges
- 10.4 Market trends
11 Vendor Landscape
- 11.1 Overview
- 11.2 Vendor landscape
- 11.3 Landscape disruption
- 11.4 Industry risks
12 Vendor Analysis
- 12.1 Vendors covered
- 12.2 Market positioning of vendors
- 12.3 Alliance Residential Co.
- 12.4 BEAZER HOMES USA INC.
- 12.5 D. R. Hortons Inc.
- 12.6 DRB Homes
- 12.7 Greystar Worldwide LLC
- 12.8 Hensel Phelps
- 12.9 HOCHTIEF AG
- 12.10 Hovnanian Enterprises
- 12.11 KAUFMAN and BROAD
- 12.12 Kiewit Corp.
- 12.13 Lennar Corp.
- 12.14 M/I Homes Inc.
- 12.15 Meritage Homes Corp.
- 12.16 Mill Creek Residential
- 12.17 NVR Inc.
13 Appendix
- 13.1 Scope of the report
- 13.2 Inclusions and exclusions checklist
- 13.3 Currency conversion rates for US$
- 13.4 Research methodology
- 13.5 List of abbreviations
Exhibits:
- Exhibits1: Executive Summary - Chart on Market Overview
- Exhibits2: Executive Summary - Data Table on Market Overview
- Exhibits3: Executive Summary - Chart on Country Market Characteristics
- Exhibits4: Executive Summary - Chart on Market Segmentation by Product
- Exhibits5: Executive Summary - Chart on Market Segmentation by Type
- Exhibits6: Executive Summary - Chart on Market Segmentation by Application
- Exhibits7: Executive Summary - Chart on Vendor Market Positioning
- Exhibits8: Parent market
- Exhibits9: Market Characteristics
- Exhibits10: Offerings of vendors included in the market definition
- Exhibits11: Market segments
- Exhibits12: Chart on US - Market size and forecast 2023-2028 ($ billion)
- Exhibits13: Data Table on US - Market size and forecast 2023-2028 ($ billion)
- Exhibits14: Chart on US: Year-over-year growth 2023-2028 (%)
- Exhibits15: Data Table on US: Year-over-year growth 2023-2028 (%)
- Exhibits16: Historic Market Size - Data Table on residential construction market in US 2018 - 2022 ($ billion)
- Exhibits17: Historic Market Size - Product Segment 2018 - 2022 ($ billion)
- Exhibits18: Historic Market Size - Type Segment 2018 - 2022 ($ billion)
- Exhibits19: Historic Market Size - Application Segment 2018 - 2022 ($ billion)
- Exhibits20: Five forces analysis - Comparison between 2023 and 2028
- Exhibits21: Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028
- Exhibits22: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
- Exhibits23: Threat of new entrants - Impact of key factors in 2023 and 2028
- Exhibits24: Threat of substitutes - Impact of key factors in 2023 and 2028
- Exhibits25: Threat of rivalry - Impact of key factors in 2023 and 2028
- Exhibits26: Chart on Market condition - Five forces 2023 and 2028
- Exhibits27: Chart on Product - Market share 2023-2028 (%)
- Exhibits28: Data Table on Product - Market share 2023-2028 (%)
- Exhibits29: Chart on Comparison by Product
- Exhibits30: Data Table on Comparison by Product
- Exhibits31: Chart on Apartments and condominiums - Market size and forecast 2023-2028 ($ billion)
- Exhibits32: Data Table on Apartments and condominiums - Market size and forecast 2023-2028 ($ billion)
- Exhibits33: Chart on Apartments and condominiums - Year-over-year growth 2023-2028 (%)
- Exhibits34: Data Table on Apartments and condominiums - Year-over-year growth 2023-2028 (%)
- Exhibits35: Chart on Villas - Market size and forecast 2023-2028 ($ billion)
- Exhibits36: Data Table on Villas - Market size and forecast 2023-2028 ($ billion)
- Exhibits37: Chart on Villas - Year-over-year growth 2023-2028 (%)
- Exhibits38: Data Table on Villas - Year-over-year growth 2023-2028 (%)
- Exhibits39: Chart on Other types - Market size and forecast 2023-2028 ($ billion)
- Exhibits40: Data Table on Other types - Market size and forecast 2023-2028 ($ billion)
- Exhibits41: Chart on Other types - Year-over-year growth 2023-2028 (%)
- Exhibits42: Data Table on Other types - Year-over-year growth 2023-2028 (%)
- Exhibits43: Market opportunity by Product ($ billion)
- Exhibits44: Data Table on Market opportunity by Product ($ billion)
- Exhibits45: Chart on Type - Market share 2023-2028 (%)
- Exhibits46: Data Table on Type - Market share 2023-2028 (%)
- Exhibits47: Chart on Comparison by Type
- Exhibits48: Data Table on Comparison by Type
- Exhibits49: Chart on New construction - Market size and forecast 2023-2028 ($ billion)
- Exhibits50: Data Table on New construction - Market size and forecast 2023-2028 ($ billion)
- Exhibits51: Chart on New construction - Year-over-year growth 2023-2028 (%)
- Exhibits52: Data Table on New construction - Year-over-year growth 2023-2028 (%)
- Exhibits53: Chart on Renovation - Market size and forecast 2023-2028 ($ billion)
- Exhibits54: Data Table on Renovation - Market size and forecast 2023-2028 ($ billion)
- Exhibits55: Chart on Renovation - Year-over-year growth 2023-2028 (%)
- Exhibits56: Data Table on Renovation - Year-over-year growth 2023-2028 (%)
- Exhibits57: Market opportunity by Type ($ billion)
- Exhibits58: Data Table on Market opportunity by Type ($ billion)
- Exhibits59: Chart on Application - Market share 2023-2028 (%)
- Exhibits60: Data Table on Application - Market share 2023-2028 (%)
- Exhibits61: Chart on Comparison by Application
- Exhibits62: Data Table on Comparison by Application
- Exhibits63: Chart on Single family - Market size and forecast 2023-2028 ($ billion)
- Exhibits64: Data Table on Single family - Market size and forecast 2023-2028 ($ billion)
- Exhibits65: Chart on Single family - Year-over-year growth 2023-2028 (%)
- Exhibits66: Data Table on Single family - Year-over-year growth 2023-2028 (%)
- Exhibits67: Chart on Multi-family - Market size and forecast 2023-2028 ($ billion)
- Exhibits68: Data Table on Multi-family - Market size and forecast 2023-2028 ($ billion)
- Exhibits69: Chart on Multi-family - Year-over-year growth 2023-2028 (%)
- Exhibits70: Data Table on Multi-family - Year-over-year growth 2023-2028 (%)
- Exhibits71: Market opportunity by Application ($ billion)
- Exhibits72: Data Table on Market opportunity by Application ($ billion)
- Exhibits73: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
- Exhibits74: Impact of drivers and challenges in 2023 and 2028
- Exhibits75: Overview on Criticality of inputs and Factors of differentiation
- Exhibits76: Overview on factors of disruption
- Exhibits77: Impact of key risks on business
- Exhibits78: Vendors covered
- Exhibits79: Matrix on vendor position and classification
- Exhibits80: Alliance Residential Co. - Overview
- Exhibits81: Alliance Residential Co. - Product / Service
- Exhibits82: Alliance Residential Co. - Key offerings
- Exhibits83: BEAZER HOMES USA INC. - Overview
- Exhibits84: BEAZER HOMES USA INC. - Business segments
- Exhibits85: BEAZER HOMES USA INC. - Key offerings
- Exhibits86: BEAZER HOMES USA INC. - Segment focus
- Exhibits87: D. R. Hortons Inc. - Overview
- Exhibits88: D. R. Hortons Inc. - Business segments
- Exhibits89: D. R. Hortons Inc. - Key offerings
- Exhibits90: D. R. Hortons Inc. - Segment focus
- Exhibits91: DRB Homes - Overview
- Exhibits92: DRB Homes - Product / Service
- Exhibits93: DRB Homes - Key offerings
- Exhibits94: Greystar Worldwide LLC - Overview
- Exhibits95: Greystar Worldwide LLC - Product / Service
- Exhibits96: Greystar Worldwide LLC - Key offerings
- Exhibits97: Hensel Phelps - Overview
- Exhibits98: Hensel Phelps - Product / Service
- Exhibits99: Hensel Phelps - Key offerings
- Exhibits100: HOCHTIEF AG - Overview
- Exhibits101: HOCHTIEF AG - Business segments
- Exhibits102: HOCHTIEF AG - Key offerings
- Exhibits103: HOCHTIEF AG - Segment focus
- Exhibits104: Hovnanian Enterprises - Overview
- Exhibits105: Hovnanian Enterprises - Product / Service
- Exhibits106: Hovnanian Enterprises - Key offerings
- Exhibits107: KAUFMAN and BROAD - Overview
- Exhibits108: KAUFMAN and BROAD - Business segments
- Exhibits109: KAUFMAN and BROAD - Key offerings
- Exhibits110: KAUFMAN and BROAD - Segment focus
- Exhibits111: Kiewit Corp. - Overview
- Exhibits112: Kiewit Corp. - Product / Service
- Exhibits113: Kiewit Corp. - Key offerings
- Exhibits114: Lennar Corp. - Overview
- Exhibits115: Lennar Corp. - Product / Service
- Exhibits116: Lennar Corp. - Key offerings
- Exhibits117: M/I Homes Inc. - Overview
- Exhibits118: M/I Homes Inc. - Business segments
- Exhibits119: M/I Homes Inc. - Key offerings
- Exhibits120: M/I Homes Inc. - Segment focus
- Exhibits121: Meritage Homes Corp. - Overview
- Exhibits122: Meritage Homes Corp. - Product / Service
- Exhibits123: Meritage Homes Corp. - Key offerings
- Exhibits124: Mill Creek Residential - Overview
- Exhibits125: Mill Creek Residential - Product / Service
- Exhibits126: Mill Creek Residential - Key offerings
- Exhibits127: NVR Inc. - Overview
- Exhibits128: NVR Inc. - Business segments
- Exhibits129: NVR Inc. - Key offerings
- Exhibits130: NVR Inc. - Segment focus
- Exhibits131: Inclusions checklist
- Exhibits132: Exclusions checklist
- Exhibits133: Currency conversion rates for US$
- Exhibits134: Research methodology
- Exhibits135: Validation techniques employed for market sizing
- Exhibits136: Information sources
- Exhibits137: List of abbreviations
