Worldwide Construction Industry – Opportunities in Developing Regions
In recent years, Construction Industry is the fastest growing industry with no sign of decline in near future. With growing population and income level demand for residential and non-residential buildings is rising, especially in developing regions this industry has outperformed. China is running ahead from India in terms of population, technology and construction as well, while India’s construction sector is also competing on the same grounds with keeping Mumbai the most on-demand place.
Urbanization is one of the driving factors supporting the industry growth, also rising population; GDP and purchasing power have marked the industry growth. Construction machinery plays a key role in the construction industry with Asia-Pacific stands on top for construction machinery demand. . The US, Japan, Germany, France and the UK are the biggest manufacturers of heavy construction equipment.
The direct impact of construction industry growth will leave on employment, which is expected to grow at the end of 2010 with continuous rising demand for more construction; even demand supply gap is expected as the demand is more and resources are less.
The present study is based on global construction industry demand and opportunities. Here we have analysed construction machinery and equipment market and future projections with market analysis of United States, United Kingdom, Australia and Asia (India, Singapore and China). The report talk about recent industry trends like green building prefabricated housing etc. Also the report presents the business, financials and strategies of major players- Caterpillar Inc., Komatsu ltd., Deere & company and Balfour Beatty.
Most importantly, the report has given the industry forecast based on correlation of past drivers, challenges and opportunities for expansion. In this way, the report presents a complete and coherent analysis of the global construction and construction equipment industry.
Key Findings
* The global market size of the construction chemicals market is expected to reach US$30-35 billion by 2015. In the construction chemicals market, non residential construction is the largest product segment in terms of end use.
* In US, The construction equipment is expected to become more costly as new laws for emission standards for off road engines would become more stringent.
* The construction market in the UK increased 1% in comparison to the previous year and was valued US$203 billion in 2008.
* In 2009, the construction sector in Singapore enjoyed strong double-digit growth for the third consecutive year, achieving a record level of on-site construction activity or output of US$27-US$20 billion.
* The construction industry in Belgium is very strong and profitable sector with an annual turnover of US$35 billion in 2009. Both, residential
and non-residential sectors are equally contributing in the growth of the overall industry.
* In recent years, green technology and sustainable development has seen an increased interest and attention across Europe.
* Construction equipment is a major sub-sector in Egypt’s substantial construction industry, with an annual growth of 15% over the last three years (2006-2008). Demand on used equipment is growing, due to price differentials.
* Scope of this research
* The report provides all the crucial company information required for business and competitor intelligence needs.
* Contains a study of the major internal and external factors affecting the industry in the form of industry trends and examination of leading industry players.
* Data is supplemented with details on the industry past performance, present analysis and future projections; also opportunities present in many countries.
For more information kindly visit
Contact us at :
Bharat Book Bureau
Tel: +91 22 27578668
Fax: +91 22 27579131
Email: info@bharatbook.com
Processing your request, Please wait....
