PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1504285
PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1504285
Please contact us using the inquiry form for pricing information.
Global Market Insights Inc. offers GMIPulse, a cutting-edge, Business Intelligence (BI)-enabled platform designed to deliver the finest strategic value. GMIPulse offers an adaptable subscription service, customizable to meet your unique needs, providing comprehensive and granular market data, competitive landscape insights, and an in-depth understanding of industry ecosystems. This platform is your go-to solution for all market research needs, ensuring you stay ahead with the latest trends and technological advancements.
The construction industry is evolving rapidly with advancements in technology, sustainability initiatives, and changing market dynamics. GMIPulse provides in-depth insights into the following key clusters within the construction industry:
The global construction equipment market is projected to grow at a CAGR of 5.2% from 2023 to 2030, driven by increasing infrastructure development and urbanization. Key equipment includes excavators, loaders, bulldozers, and cranes. For example, the adoption of advanced machinery with telematics and automation capabilities is on the rise, enhancing operational efficiency and safety on construction sites.
The construction materials market is expected to expand at a CAGR of 4.6% from 2023 to 2030, fueled by the demand for sustainable and eco-friendly building materials. Major materials include concrete, steel, wood, and composites. The trend towards green buildings is driving the use of materials with low environmental impact, such as recycled aggregates and energy-efficient insulation products.
The prefabricated construction market is anticipated to grow at a CAGR of 6.8% from 2023 to 2030, supported by the need for cost-effective and time-efficient building solutions. Prefabricated components include modular homes, precast concrete panels, and steel frames. The rise in urbanization and the demand for affordable housing are key factors driving the adoption of prefabricated construction methods, which offer reduced construction time and waste.
GMIPulse offers unparalleled strategic value through its BI-enabled platform. With its customizable and interactive interface, accurate data, and comprehensive market insights, GMIPulse is your essential tool for staying ahead in the competitive construction market landscape. Subscribe today to unlock the full potential of your market research and strategic planning capabilities.
Please contact us using the inquiry form for pricing information.