The German construction industry is steadily climbing, with experts predicting it to hit €405.2 billion ($437 billion) by 2024.
According to a report listed on ResearchAndMarkets.com, this represents an annual growth rate of 4.2 percent within the forecast period. The commercial building construction market is expected to grow 3.2 percent over the same period.
By comparison, Latin America’s construction industry is forecasted to hit $488.7 billion by 2024, a compound annual growth rate of 5.7 percent, according to another