APAC Construction Equipment Market - Revision history

Designing Buildings at 07:22, 26 February 2021

2021-02-26T07:22:01Z

← Older revision		Revision as of 07:22, 26 February 2021
Line 34:		Line 34:
	* Indian construction industry.		* Indian construction industry.

−	[[Category:~~Research_/_Innovation~~]] [[Category:DCN_Research,_Development_and_Innovation]] [[Category:Construction_techniques]]	+	[[Category:DCN_Definition]] [[Category:DCN_Guidance]] [[Category:DCN_Product_Knowledge]] [[Category:DCN_Research,_Development_and_Innovation]] [[Category:Research_/_Innovation]] [[Category:Construction_techniques]]

Designing Buildings at 15:49, 12 March 2019

2019-03-12T15:49:08Z

← Older revision		Revision as of 15:49, 12 March 2019
Line 17:		Line 17:
	= Impact of Australia’s building & infrastructure upgradation activities =		= Impact of Australia’s building & infrastructure upgradation activities =

−	Australia’s independent infrastructure advisory body Infrastructure Australia~~, for the last decade~~, has released a report that identifies the nation’s top projects shaping the country’s growth, while also declaring which of those projects would be receiving its financial backing. With the country’s population expected to hit 12 million by 2050, the demand for housing is expected to ~~majorly~~ surge in the years ahead. This ~~would majorly~~ augment the regional construction industry, ~~that would serve to~~ propel the APAC construction equipment market ~~from Australia~~.<br />	+	Australia’s independent infrastructure advisory body Infrastructure Australia, has released a report that identifies the nation’s top projects shaping the country’s growth, while also declaring which of those projects would be receiving its financial backing. With the country’s population expected to hit 12 million by 2050, the demand for housing is expected to surge in the years ahead. This will augment the regional construction industry, and propel the APAC construction equipment market.<br />
	<br />		<br />
−	In Australia’s 2018-19 budget, the government ~~had~~ allocated over $75 billion for a 10-year-long national infrastructure ~~upgradation~~ plan which aims to improve the country’s road safety, deliver essential rail links and tackle congestion. This move is also expected to ensure sizable growth for the region’s construction equipment market ~~over the coming years~~.<br />	+	In Australia’s 2018-19 budget, the government allocated over $75 billion for a 10-year-long national infrastructure upgrade plan which aims to improve the country’s road safety, deliver essential rail links and tackle congestion. This move is also expected to ensure sizable growth for the region’s construction equipment market.<br />
	<br />		<br />
−	~~Owing to~~ Australia’s rapidly rising population, the government ~~apparently,~~ is also planning a plethora of new infrastructure projects such as housing construction, railways, airports, etc. ~~Attributed to the same~~, the nation is ~~projected~~ to ~~witness~~ high demand for machinery, driving the regional construction equipment industry. ~~Indeed,~~ APAC construction equipment market is anticipated to register a CAGR of 6% over 2019-2025.	+	To serve Australia’s rapidly rising population, the government is also planning a plethora of new infrastructure projects such as housing construction, railways, airports, etc. As a result, the nation is expected to see high demand for machinery, driving the regional construction equipment industry. APAC construction equipment market is anticipated to register a CAGR of 6% over 2019-2025, surpassing the $80 billion mark by 2025.
−		+
−	~~The regional trends mentioned above clearly indicate the numerous growth prospects for the APAC construction equipment market in the forthcoming years. In fact~~, ~~according to Global Market Insights, Inc., the APAC construction equipment industry size is touted to surpass~~ the $80 billion ~~renumeration~~ mark by 2025.	+

	Source: [https://www.fractovia.org/news/industry-research-report/apac-construction-equipment-market https://www.fractovia.org/news/industry-research-report/apac-construction-equipment-market]		Source: [https://www.fractovia.org/news/industry-research-report/apac-construction-equipment-market https://www.fractovia.org/news/industry-research-report/apac-construction-equipment-market]
Line 36:		Line 34:
	* Indian construction industry.		* Indian construction industry.

−	[[Category:Research_/_Innovation]] [[Category:Construction_techniques]]	+	[[Category:Research_/_Innovation]] [[Category:DCN_Research,_Development_and_Innovation]] [[Category:Construction_techniques]]

Designing Buildings at 15:46, 12 March 2019

2019-03-12T15:46:20Z

← Older revision		Revision as of 15:46, 12 March 2019
Line 26:		Line 26:

	Source: [https://www.fractovia.org/news/industry-research-report/apac-construction-equipment-market https://www.fractovia.org/news/industry-research-report/apac-construction-equipment-market]		Source: [https://www.fractovia.org/news/industry-research-report/apac-construction-equipment-market https://www.fractovia.org/news/industry-research-report/apac-construction-equipment-market]
		+
		+	= Related articles on Designing Buildings Wiki =
		+
		+	* Compact construction equipment.
		+	* Construction equipment.
		+	* Construction equipment market.
		+	* Construction plant.
		+	* Construction tools.
		+	* Indian construction industry.

	[[Category:Research_/_Innovation]] [[Category:Construction_techniques]]		[[Category:Research_/_Innovation]] [[Category:Construction_techniques]]

Designing Buildings at 15:45, 12 March 2019

2019-03-12T15:45:03Z

← Older revision		Revision as of 15:45, 12 March 2019
Line 1:		Line 1:
−	~~How will the APAC construction equipment market fare over 2019-2025 with respect to the contributions made by prominent economies of the region?~~	+	= Introduction =

−	The ~~[https://www.gminsights.com/industry-analysis/asia-pacific-construction-equipment-market~~ Asia Pacific construction equipment market] is primed to consolidate ~~itself~~ as a lucrative investment ~~ground~~ on a global scale, fueled by numerous technological advancements such as automated machine function, intelligent machine parts integration and enhanced ropes. Owing to rising labor costs as well as the growing ageing population across a number of Asian nations, the construction industry is shifting more towards enhanced construction machinery that come with technologically-advanced features, enabling the market to register an enhanced growth rate. Moreover, attributing to several labor safety problems as well as accidents, construction companies have started to invest more into modern equipment, further propelling the expansion of the APAC construction equipment industry in the forthcoming years.	+	The Asia Pacific construction equipment market is primed to consolidate as a lucrative investment on a global scale, fueled by numerous technological advancements such as automated machine function, intelligent machine parts integration and enhanced ropes.

−	Owing to the ~~presence of~~ a ~~plethora~~ of ~~key equipment manufacturers that are known for supplying products to~~ construction ~~industries across~~ the ~~world~~, ~~countries such as Japan, China and South Korea are witnessing an accelerated rise in equipment & machinery production~~ as well as ~~consumption. In the years ahead~~, ~~these~~ companies ~~are likely~~ to ~~increase their investments and enhance their product portfolios that would~~ further ~~support~~ the ~~regional industry~~ expansion.	+	Owing to rising labor costs as well as the ageing population across a number of Asian nations, the construction industry is shifting more towards enhanced construction machinery that comes with technologically-advanced features, enabling the market to register an enhanced growth rate. Moreover, attributing to several labor safety problems as well as accidents, construction companies have started to invest more in modern equipment, further propelling the expansion of the APAC construction equipment industry.

−	~~APAC Construction Equipment Market \| Impact~~ of ~~India’s expanding~~ construction ~~industry~~	+	Owing to the presence of a plethora of key equipment manufacturers that are known for supplying products to construction industries across the world, countries such as Japan, China and South Korea are witnessing a rise in equipment and machinery production as well as consumption. In the years ahead, these companies are likely to increase their investments and enhance their product portfolios, further supporting the regional expansion.

−	~~The growing development efforts for the upgradation~~ of ~~infrastructure across India has had a dramatic impact on the nation’s~~ construction industry throughout the last decade. It is common knowledge that the construction industry’s influence spans numerous sub-sectors of the country’s economy, thus becoming the primary drivers of its socioeconomic development. Today, the Indian sub-continent is known to be one of the world’s six fastest growing economies, making it the largest hub for infrastructure & construction investments in Asia. In the years to come, the APAC construction equipment market is expected to garner a massive chunk of its revenue from India.	+	= Impact of India’s expanding construction industry =

−	India construction ~~equipment~~ industry ~~is also slated to benefit significantly from~~ the ~~nation’s ongoing efforts to construct a greener residential sector~~. ~~According to~~ the ~~World Green Building Council~~, ~~ever since~~ the ~~India Green Building Council rolled out the nation’s Green Homes Rating program back in 2008, over 1.5 billion sq. feet~~ of ~~green building space has been sanctioned for~~ development ~~under~~ the ~~rating, which~~ is ~~equivalent to approximately 1,800 projects or more than 1,300,000 dwelling units. Approximately 500~~ of the ~~nation’s prominent real-estate developers have now adopted the Green Homes Rating with projects being developed across 175 cities & towns across India~~, ~~paving~~ the ~~way~~ for the APAC construction equipment ~~industry~~ to ~~garner extensive profits~~ from India.	+	The growing efforts for the upgrading of infrastructure across India has had a dramatic impact on the nation’s construction industry in the last decade. The construction industry’s influence spans numerous sub-sectors of the country’s economy, thus becoming one of the primary drivers of its socioeconomic development. Today, the Indian sub-continent is one of the world’s six fastest growing economies, making it the largest hub for infrastructure and construction investments in Asia. In the years to come, the APAC construction equipment market is expected to genearte a large proportion of its revenue from India.

−	The APAC construction equipment market is also expected to witness sizable growth in India ~~owing~~ to a number of government initiatives. India’s Ministry of Housing and Urban Poverty Alleviation (MoHUPA) recently estimated that there was a housing shortage of approximately 18.78 million in the country’s 12th FYP (Five Year Plan) period with 95% of the shortage coming from the ~~nation’s~~ economically weaker as well as low-income sections of ~~the~~ society. The Government of India intends to ~~mend~~ this issue by 2022 through its Housing for All initiative by constructing well-planned, low-cost ~~&~~ environmentally friendly housing projects for these ~~sections~~. This massive initiative will ~~thus prove to~~ be a major driver ~~propelling~~ APAC construction equipment market ~~to greater heights~~.~~<br />~~	+	The Indian construction equipment industry is also expected to benefit from the nation’s ongoing efforts to construct a greener residential sector. According to the World Green Building Council, since the India Green Building Council rolled out the nation’s Green Homes Rating program in 2008, over 1.5 billion sq. feet of green building space has been sanctioned for development, which is equivalent to approximately 1,800 projects or more than 1,300,000 dwelling units. Approximately 500 of the nation’s prominent real-estate developers have now adopted the Green Homes Rating with projects across 175 cities and towns in India.
−	~~<br />~~	+
−	~~APAC Construction Equipment Market \|~~ Impact of Australia’s building & infrastructure upgradation activities	+	The APAC construction equipment market is also expected to witness sizable growth in India due to a number of government initiatives. India’s Ministry of Housing and Urban Poverty Alleviation (MoHUPA) recently estimated that there was a housing shortage of approximately 18.78 million in the country’s 12th FYP (Five Year Plan) period with 95% of the shortage coming from the economically weaker nations as well as low-income sections of society. The Government of India intends to tackle this issue by 2022 through its Housing for All initiative by constructing well-planned, low-cost and environmentally friendly housing projects for these sectors. This massive initiative will be a major driver for growth of the APAC construction equipment market.
		+
		+	= Impact of Australia’s building & infrastructure upgradation activities =

	Australia’s independent infrastructure advisory body Infrastructure Australia, for the last decade, has released a report that identifies the nation’s top projects shaping the country’s growth, while also declaring which of those projects would be receiving its financial backing. With the country’s population expected to hit 12 million by 2050, the demand for housing is expected to majorly surge in the years ahead. This would majorly augment the regional construction industry, that would serve to propel the APAC construction equipment market from Australia.<br />		Australia’s independent infrastructure advisory body Infrastructure Australia, for the last decade, has released a report that identifies the nation’s top projects shaping the country’s growth, while also declaring which of those projects would be receiving its financial backing. With the country’s population expected to hit 12 million by 2050, the demand for housing is expected to majorly surge in the years ahead. This would majorly augment the regional construction industry, that would serve to propel the APAC construction equipment market from Australia.<br />

Maheshgore: Created page with "How will the APAC construction equipment market fare over 2019-2025 with respect to the contributions made by prominent economies of the region? The [https://www.gminsights.com/..."

2019-03-11T11:33:40Z

Created page with "How will the APAC construction equipment market fare over 2019-2025 with respect to the contributions made by prominent economies of the region? The [https://www.gminsights.com/..."

New page

How will the APAC construction equipment market fare over 2019-2025 with respect to the contributions made by prominent economies of the region?

The [https://www.gminsights.com/industry-analysis/asia-pacific-construction-equipment-market Asia Pacific construction equipment market] is primed to consolidate itself as a lucrative investment ground on a global scale, fueled by numerous technological advancements such as automated machine function, intelligent machine parts integration and enhanced ropes. Owing to rising labor costs as well as the growing ageing population across a number of Asian nations, the construction industry is shifting more towards enhanced construction machinery that come with technologically-advanced features, enabling the market to register an enhanced growth rate. Moreover, attributing to several labor safety problems as well as accidents, construction companies have started to invest more into modern equipment, further propelling the expansion of the APAC construction equipment industry in the forthcoming years.

Owing to the presence of a plethora of key equipment manufacturers that are known for supplying products to construction industries across the world, countries such as Japan, China and South Korea are witnessing an accelerated rise in equipment & machinery production as well as consumption. In the years ahead, these companies are likely to increase their investments and enhance their product portfolios that would further support the regional industry expansion.

APAC Construction Equipment Market | Impact of India’s expanding construction industry

The growing development efforts for the upgradation of infrastructure across India has had a dramatic impact on the nation’s construction industry throughout the last decade. It is common knowledge that the construction industry’s influence spans numerous sub-sectors of the country’s economy, thus becoming the primary drivers of its socioeconomic development. Today, the Indian sub-continent is known to be one of the world’s six fastest growing economies, making it the largest hub for infrastructure & construction investments in Asia. In the years to come, the APAC construction equipment market is expected to garner a massive chunk of its revenue from India.

India construction equipment industry is also slated to benefit significantly from the nation’s ongoing efforts to construct a greener residential sector. According to the World Green Building Council, ever since the India Green Building Council rolled out the nation’s Green Homes Rating program back in 2008, over 1.5 billion sq. feet of green building space has been sanctioned for development under the rating, which is equivalent to approximately 1,800 projects or more than 1,300,000 dwelling units. Approximately 500 of the nation’s prominent real-estate developers have now adopted the Green Homes Rating with projects being developed across 175 cities & towns across India, paving the way for the APAC construction equipment industry to garner extensive profits from India.

The APAC construction equipment market is also expected to witness sizable growth in India owing to a number of government initiatives. India’s Ministry of Housing and Urban Poverty Alleviation (MoHUPA) recently estimated that there was a housing shortage of approximately 18.78 million in the country’s 12th FYP (Five Year Plan) period with 95% of the shortage coming from the nation’s economically weaker as well as low-income sections of the society. The Government of India intends to mend this issue by 2022 through its Housing for All initiative by constructing well-planned, low-cost & environmentally friendly housing projects for these sections. This massive initiative will thus prove to be a major driver propelling APAC construction equipment market to greater heights. 
 
APAC Construction Equipment Market | Impact of Australia’s building & infrastructure upgradation activities

Australia’s independent infrastructure advisory body Infrastructure Australia, for the last decade, has released a report that identifies the nation’s top projects shaping the country’s growth, while also declaring which of those projects would be receiving its financial backing. With the country’s population expected to hit 12 million by 2050, the demand for housing is expected to majorly surge in the years ahead. This would majorly augment the regional construction industry, that would serve to propel the APAC construction equipment market from Australia. 
 
In Australia’s 2018-19 budget, the government had allocated over $75 billion for a 10-year-long national infrastructure upgradation plan which aims to improve the country’s road safety, deliver essential rail links and tackle congestion. This move is also expected to ensure sizable growth for the region’s construction equipment market over the coming years. 
 
Owing to Australia’s rapidly rising population, the government apparently, is also planning a plethora of new infrastructure projects such as housing construction, railways, airports, etc. Attributed to the same, the nation is projected to witness high demand for machinery, driving the regional construction equipment industry. Indeed, APAC construction equipment market is anticipated to register a CAGR of 6% over 2019-2025.

The regional trends mentioned above clearly indicate the numerous growth prospects for the APAC construction equipment market in the forthcoming years. In fact, according to Global Market Insights, Inc., the APAC construction equipment industry size is touted to surpass the $80 billion renumeration mark by 2025.

Source: [https://www.fractovia.org/news/industry-research-report/apac-construction-equipment-market https://www.fractovia.org/news/industry-research-report/apac-construction-equipment-market]

[[Category:Research_/_Innovation]] [[Category:Construction_techniques]]