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Residential Construction in the United States

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    Report

  • 44 Pages
  • May 2024
  • Region: United States
  • MarketLine
  • ID: 5992528
Residential Construction in the United States industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

  • Residential construction refers to the process of building structures primarily intended for people to live in.
  • The US residential construction market recorded total revenues of $1.01 trillion in 2023, representing a compound annual growth rate (CAGR) of 7.6% between 2018 and 2023.
  • The new construction segment accounted for the market's largest proportion in 2023, with total revenues of $531.5 billion, equivalent to 52.3% of the market's overall value.
  • In 2023, the US residential construction market accounted for 19.2% of the total value of the Americas residential construction market.

Scope

  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the residential construction market in the United States
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the residential construction market in the United States
  • Leading company profiles reveal details of key residential construction market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the United States residential construction market with five year forecasts by both value and volume

Reasons to Buy

  • What was the size of the United States residential construction market by value in 2023?
  • What will be the size of the United States residential construction market in 2028?
  • What factors are affecting the strength of competition in the United States residential construction market?
  • How has the market performed over the last five years?
  • Who are the top competitors in the United States's residential construction market?

Table of Contents

1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market rivalry
1.6. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players?
7.2. What are the strengths of the leading players?
7.3. What are the strategies of the leading players?
7.4. How have leading players been incorporating new technology into their business strategies?
8 Company Profiles
8.1. D.R. Horton Inc
8.2. Lennar Corp
8.3. Toll Brothers Inc
8.4. Taylor Morrison Home Corp
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related research
10.4. About the Publisher
List of Tables
Table 1: United States residential construction sector value: $ million, 2018-23
Table 2: United States residential construction sector category segmentation: % share, by value, 2018-2023
Table 3: United States residential construction sector category segmentation: $ million, 2018-2023
Table 4: United States residential construction sector geography segmentation: $ million, 2023
Table 5: United States residential construction sector value forecast: $ million, 2023-28
Table 6: D.R. Horton Inc: key facts
Table 7: D.R. Horton Inc: Annual Financial Ratios
Table 8: D.R. Horton Inc: Key Employees
Table 9: Lennar Corp: key facts
Table 10: Lennar Corp: Annual Financial Ratios
Table 11: Lennar Corp: Key Employees
Table 12: Lennar Corp: Key Employees Continued
Table 13: Toll Brothers Inc: key facts
Table 14: Toll Brothers Inc: Annual Financial Ratios
Table 15: Toll Brothers Inc: Key Employees
Table 16: Taylor Morrison Home Corp: key facts
Table 17: Taylor Morrison Home Corp: Annual Financial Ratios
Table 18: Taylor Morrison Home Corp: Key Employees
Table 19: United States size of population (million), 2019-23
Table 20: United States gdp (constant 2005 prices, $ billion), 2019-23
Table 21: United States gdp (current prices, $ billion), 2019-23
Table 22: United States inflation, 2019-23
Table 23: United States consumer price index (absolute), 2019-23
Table 24: United States exchange rate, 2019-23
List of Figures
Figure 1: United States residential construction sector value: $ million, 2018-23
Figure 2: United States residential construction sector category segmentation: $ million, 2018-2023
Figure 3: United States residential construction sector geography segmentation: % share, by value, 2023
Figure 4: United States residential construction sector value forecast: $ million, 2023-28
Figure 5: Forces driving competition in the residential construction sector in the United States, 2023
Figure 6: Drivers of buyer power in the residential construction sector in the United States, 2023
Figure 7: Drivers of supplier power in the residential construction sector in the United States, 2023
Figure 8: Factors influencing the likelihood of new entrants in the residential construction sector in the United States, 2023
Figure 9: Factors influencing the threat of substitutes in the residential construction sector in the United States, 2023
Figure 10: Drivers of degree of rivalry in the residential construction sector in the United States, 2023

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • D.R. Horton Inc
  • Lennar Corp
  • Toll Brothers Inc
  • Taylor Morrison Home Corp