Research Methodology – Construction Market
At Straits Research, we adopt a rigorous 360° research approach that integrates both primary and secondary research methodologies. This ensures accuracy, reliability, and actionable insights for stakeholders. Our methodology for the Construction Market comprises the following key stages:
Market Indicator & Macro-Factor Analysis
Our baseline thesis for the Construction Market is developed by integrating key market indicators and macroeconomic variables. These include:
Factors considered while calculating market size and share
- Overall economy size and GDP
- Current and future construction projects
- Residential, Commercial, Industrial and Infrastructure construction rates
- Public and private sector investment in construction
- Trends in the real estate market
- Construction costs and material prices
- Regulations and policies affecting the construction industry
- Technological adoption and innovations in the industry
- Workforce availability and skills
- Supply Chain aspects
- Competition and market consolidation trends
Key Market Indicators
- Consumer Confidence Index
- Gross Domestic Product (GDP)
- Interest rate trends
- Unemployment rates
- Population growth rate
- Rate of urbanization
- Inflation Rate
- Real Estate Market trends
- Construction Spending
- Construction output
- New construction orders
Growth Trends
- Adoption of green construction practices
- Integration of technology and digital tools in construction
- Growth of prefab and modular construction
- Rising demand for smart homes and buildings
- Growth in infrastructure spending
- Trends in sustainable and eco-friendly construction
- Focus on energy efficient buildings
- Growth of public-private partnerships (PPPs) in construction
- Rising tendency for urban development and smart cities
- Increase in renovation and modernization of old structures
Secondary Research
Our secondary research forms the foundation of market understanding and scope definition. We collect and analyze information from multiple reliable sources to map the overall ecosystem of the Construction Market. Key inputs include:
Company-Level Information
- Annual reports, investor presentations, SEC filings
- Company press releases and product launch announcements
- Public executive interviews and earnings calls
- Strategy briefings and M&A updates
Industry and Government Sources
- Country-level industry associations and trade bodies
- Government dossiers, policy frameworks, and official releases
- Whitepapers, working papers, and public R&D initiatives
- Relevant Associations for the Construction Market
Market Intelligence Sources
- Broker reports and financial analyst coverage
- Paid databases (Hoovers, Factiva, Refinitiv, Reuters, Statista, etc.)
- Import/export trade data and tariff databases
- Sector-specific journals, magazines, and news portals
Macro & Consumer Insights
- Global macroeconomic indicators and their cascading effect on the industry
- Demand–supply outlook and value chain analysis
- Consumer behaviour, adoption rates, and commercialization trends
Primary Research
To validate and enrich our secondary findings, we conduct extensive primary research with industry stakeholders across the value chain. This ensures we capture both qualitative insights and quantitative validation. Our primary research includes:
Expert Insights & KOL Engagements
- Key Opinion Leader (KOL) Engagements
- Structured interviews with executives, product managers, and domain experts
- Paid and barter-based interviews across manufacturers, distributors, and end-users
Focused Discussions & Panels
- Discussions with stakeholders to validate demand-supply gaps
- Group discussions on emerging technologies, regulatory shifts, and adoption barriers
Data Validation & Business POV
- Cross-verification of market sizing and forecasts with industry insiders
- Capturing business perspectives on growth opportunities and restraints
Data Triangulation & Forecasting
The final step of our research involves data triangulation ensuring accuracy through cross-verification of:
- Demand-side analysis (consumption patterns, adoption trends, customer spending)
- Supply-side analysis (production, capacity, distribution, and market availability)
- Macroeconomic & microeconomic impact factors
Forecasting is carried out using proprietary models that combine:
- Time-series analysis
- Regression and correlation studies
- Baseline modeling
- Expert validation at each stage
Outcome
The outcome is a comprehensive and validated market model that captures:
- Market sizing (historical, current, forecast)
- Growth drivers and restraints
- Opportunity mapping and investment hotspots
- Competitive positioning and strategic insights