Designing Buildings - User contributions [en]

Prefabricated Construction Market Segmentation and Opportunity Outlook 2029

2021-10-12T07:09:56Z

Akashy: Created page with "The [https://www.researchnester.com/reports/prefabricated-construction-market/2962 prefabricated construction market] is estimated to grow with a moderate CAGR during the forecas..."

The [https://www.researchnester.com/reports/prefabricated-construction-market/2962 prefabricated construction market] is estimated to grow with a moderate CAGR during the forecast period, i.e., 2021-2029. Prefabricated construction is based on the strategy to make components off-site in a factory and then are transported and put together on-site to create a structure. Its extensive characteristics such as good quality, high strength, low weight, volume, affordability, and more are gaining higher popularity. In January 2019, India's construction sector had a contribution of over 2.7 trillion Indian rupees to the country's GDP. This was an all-time high contribution recorded through the sector. In 2019, railway sector in the nation received the highest ever budgetary allocation.

Though due to COVID-19 market has seen a dip due to temporary suspension in construction activities in various regions and shortage in the supply chain. But the market will recover soon.

The market is segmented on the basis of Product Type into Skeleton System (H formed frames, T formed frames and others), Panel Systems (Large Panel and Small Panel), Cellular Systems (Complete Cellular Systems, and Incomplete Cellular Systems), Combined Systems and others. Among them panel system holds the largest share in the market followed by the cellular systems. Ventilated thermal panel system is highly adopted by the residential and non-residential sector. As it offers some of the major advantages as it can be easily transported, short production time, easy installation, adaptable designs, easy relocation and can be used in any environmental condition. In addition it also offers homeowners and builders to produce faster and more energy efficient buildings. These reasons are boosting the market of prefabricated panel systems. Cellular systems is used for the production of multi-dimensional structures, it provides isolations in building.

On the basis of Component Type market can be segmented into Metal (steel, aluminum and others) and Non- Metal (concrete, glass, timber and others). Application of concrete is highly appreciated in prefabricated construction as it provides thermal barrier allowing the heat to escape and increase the energy efficiency of the entire frame work. Application of wood is also boosting the market of prefabricated construction like engineered joists, columns, and wall and floor structures. As it is provides easy shipping, recyclable, lightweight and also increase the strength of the framework.

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The market is segmented by the End-user Industry Type into Residential (Private Dwellings, Apartments, Consortium, and Others), Commercial (Hospitals, Schools, Hotels, Shopping Malls, Retails, Banks, Airport, and Others), Industrial (Oil Refineries, Manufacturing Plants, Chemical Processing Plants, and Others). Out of all, commercial application is owning the highest share of market. Prefabricated construction is highly used in the construction of malls, hotels, airports, gyms, hospitals and others. As it takes less than half the time when compared to traditional construction. This is due to better upfront planning, elimination of on-site weather factors, subcontractor scheduling delays, and quicker fabrication as multiple pieces can be constructed simultaneously. Followed by industrial application and then residential application. As developing countries are investing highly on industries, we can see development of manufacturing plants, chemical process plants and other, highly adopting the process of prefabricated construction. With the increase in industries more people are moving to urban areas resulting in the growth of residential prefabricated construction.

Prefabricate Construction Market Regional Synopsis:

Geographically, the market is segmented into North America, Latin America, Europe, Asia Pacific and the Middle East & Africa region. The market in the Asia Pacific is predicted to grow at the highest CAGR over the forecast period.

North America holds the highest share in terms of fabricated construction market, followed by Europe. Labours are not easily available in North America thus there pace of construction is slow, this is the major reason for the companies of this region to shift to fabricated construction to complete the project faster.

However, prefabricated construction in Asia pacific region is expected to grow significantly in next 5 years. The concept of affordable housing with high sustainability is likely to be increasingly adopted by the growing middle-class population in this region. Moreover, government initiatives in several countries such as Singapore, China, India, Hong Kong, and Pakistan are expected to drive market growth in the region.

In addition, the government of India has aimed to make air travel affordable by improving regional connectivity and developing regional airports. In February 2020, the Union Budget proposed creating of 100 new airports by 2024 to help growing air traffic under Centre's Udan scheme. Thus, it is anticipated that with the flourishing commercial construction industry, there will be an upsurge in the demand for prefabricated building systems, which will subsequently drive the prefabricated building systems market growth in the Asia Pacific during the forecast period.

[[Category:Research_/_Innovation]]

Internet of Things in Construction Market Global Demand Analysis and Opportunity Outlook 2030

2021-10-12T07:07:41Z

Akashy: Created page with "Construction means formation of objects, systems and organizations as it covers the processes including buildings, infrastructure, and more such associated activities. Further, i..."

Construction means formation of objects, systems and organizations as it covers the processes including buildings, infrastructure, and more such associated activities. Further, internet of things is the ability of internet enabled devices to communicate independently. Since, construction market is fundamentally changing to enable the productivity and process improvement, Internet of Things continues to have a greater impact on working of the industry. Construction companies are adopting technology to address workplace concerns to understand what’s happening at different stages of the construction process in real time. Internet of things is widely used in remote operations, safety management and predictive maintenance applications.

The market for [https://www.researchnester.com/reports/internet-of-things-in-construction-market/2751 IoT in construction] is anticipated to record a CAGR of around 16% over the forecast period, 2020-2028. The key factors expected to drive the growth of the market include safety & security concerns, increase in the productivity at construction site along with a significant demand for IoT in construction. In order to overcome challenges related to safety and theft at the construction site, human security agents are not sufficient to monitor the huge construction sites. With the help of IoT, the sensors will easily notify the current location of the lost material and it will update the risks associated with the work and the workers. Further, with real time IoT data, every worker will get updated about the job site issues and will be able to prevent the situations that can lead to an incident.

The application type is segmented into remote operations, predictive maintenance, fleet management, safety management and others, out of which, the remote operations segment is anticipated to account for the largest share owing to the growing usage of internet of things for machine control and real time monitoring of workers. It allows the machines to connect with physical or wireless internet to give instructions remotely. IoT operates in such areas that are hazardous for humans because of toxic gases or pollution and helps them to benefit from remote support. These factors are anticipated to account for the growth of the market over the forecast period.

Rise in the Productivity and Maintenance at Construction Sites

In construction sector, it is mandatory to meet the deadlines and targets, in order to avoid budget increase. Internet of things leaves people with less labour work and enables more efficiency. Further, through IoT the adequate supply of materials is ensured as the supply unit is fitted with a suitable sensor which automatically decides the quantity and make orders automatically for the smoothness of the project.

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In addition, it is important to manage the fuel and power consumption, as inactive management of them will impact the overall cost of the project. IoT gives real time information about the status of every asset, refuelling of the equipments and schedules of maintenance. Moreover, sensors can be used to monitor the issues regarding damage along with the expiration of the materials. These factors, allow the clients to focus on their core business and thus, driving the growth of the market over the forecast period.

High Initial Cost of Implementing Internet of Things in Construction Market

The price of Internet of Things is usually higher than the initial hardware and software implementation. In addition, with the greater functionality of IoT, companies have to pay higher price. For an IoT solution, vast amount of data is generated and invoicing of this data will cost to metered billing, thus affecting the pricing model. Moreover, hardware is most important parameter that decides the cost of production and more complex is the technology; more will be the cost of implementation. Therefore, high cost of IoT is predicted to act as a restraint towards the growth of market over the forecast period.

[[Category:Publications_/_reports]]

3D Printing Materials Market Global Demand Analysis and Opportunity Outlook 2030

2021-10-12T07:03:19Z

Akashy: Created page with "The [https://www.researchnester.com/reports/3d-printing-materials-market/3343 global 3D printing materials market] is estimated to garner a significant revenue by growing at a ~1..."

The [https://www.researchnester.com/reports/3d-printing-materials-market/3343 global 3D printing materials market] is estimated to garner a significant revenue by growing at a ~15% CAGR over the forecast period, i.e., 2022–2030. The growth of the market can be attributed to the increasing adoption of 3D printing technology in the aerospace and automotive sector, for manufacturing complex small parts of aircrafts and vehicles. 3D printing helps designers to achieve high level of accuracy and reduce cost, which is estimated to boost its demand in the aerospace industry. In 2019, more than 1300 new passenger aircrafts were manufactured in the US alone. The increasing number of aircrafts being manufactured is estimated to boost the market growth. 3D printing technique is also being increasingly adopted in the field of education & research providing students with deeper knowledge, such as, working of mechanical parts, cross-section of organs, geographical details, and others. Growing adoption of this technique in classrooms is estimated to immensely boost the market growth.

The global 3D printing materials market is segmented by type into plastic, metal, ceramic, and others, out of which, the plastic segment is anticipated to hold the largest share in the market during the forecast period, as plastic provides the ease of making prototypes, at lower cost and less material loss. Moreover, plastic is lighter, with various material options, which is why, it is being highly used for 3D printing in the manufacturing sector. On the basis of end-user, the market is segmented into construction, industrial, aerospace & defense, automotive, healthcare, education & research, and others. Out of these, the aerospace & defense segment is anticipated to hold the largest revenue share over the forecast period, owing to the requirement of precision and accuracy for the complex parts of aircrafts. Moreover, the education & research segment is estimated to gain significant growth during the forecast period, on account of increasing adoption of 3D printing in schools and colleges for better understanding and learning of the students.

The never-ending growth in internet accessibility around the world along with numerous technological advancements comprising 5G, blockchain, cloud services, Internet of Things (IoT), and Artificial Intelligence (AI) among others have significantly boosted the economic growth in the last two decades. As of April 2021, there were more than 4.5 billion users that were actively using the internet globally. Moreover, the growth in ICT sector has significantly contributed towards GDP growth, labor productivity, and R&D spending among other transformations of economies in different nations of the globe. Furthermore, the production of goods and services in the ICT sector is also contributing to the economic growth and development. As per the statistics in the United Nations Conference on Trade and Development’s database, the ICT good exports (% of total good exports) globally grew from 10.816 in 2015 to 11.536 in 2019. In 2019, these exports in Hong Kong SAR, China amounted to 56.65%, 25.23% in East Asia & Pacific, 26.50% in China, 25.77% in Korea, Rep., 8.74% in the United States, and 35.01% in Vietnam. These are some of the important factors that are boosting the growth of the market.

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Regionally, the global 3D printing materials market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. The market in North America region is estimated to garner largest share over the forecast period on the back of growing aerospace and automotive sectors, which are the major end-users for 3D printing technology. As of 2019, over 45% of all aircrafts, which is around 200,000 aircrafts, are based in the United States. Moreover, U.S. has more than 5,100 public airports. This is also expected to fuel the demand for 3D printing materials. The increasing demand for 3D printing of prototypes will raise the demand for 3D printing materials, which is estimated to boost the market growth in the region.

The market in the Asia Pacific region is estimated to witness highest CAGR over the forecast period on account of growing economic development and presence of major automobile manufacturers in the region. Moreover, the growing use of 3D printing in the manufacturing industry is also estimated to encourage the market growth in the region.

The global 3D printing materials market is further classified on the basis of region as follows:

* North America (U.S. & Canada) Market size, Y-O-Y growth & Opportunity Analysis
* Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market size, Y-O-Y growth & Opportunity Analysis
* Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC, Poland, Turkey, Russia, Rest of Europe) Market size, Y-O-Y growth & Opportunity Analysis
* Asia-Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market size, Y-O-Y growth & Opportunity Analysis.
* Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market size, Y-O-Y growth & Opportunity Analysis

[[Category:Research_/_Innovation]]

Construction Cobots Market Global Demand Analysis and Opportunity Outlook 2021-2029

2021-10-12T07:00:02Z

Akashy: Created page with "The [https://www.researchnester.com/reports/construction-cobots-market/3010 construction cobots market] is estimated to grow with a high CAGR during the forecast period, i.e., 20..."

The [https://www.researchnester.com/reports/construction-cobots-market/3010 construction cobots market] is estimated to grow with a high CAGR during the forecast period, i.e., 2021-2029. Extensive research associated with construction cobots in western countries, along with the enhanced productivity, quality, and safety due to the implementation of construction cobots, is expected to fuel the progress of this market. The growth of the market can also be attributed to factors such as the growing urbanization worldwide. The increasing population essentially drives the rising demand for construction equipment. The global scenario of people migrating from rural to urban areas has also propelled this demand even further. According to the United Nations Population Division, the global population is projected to reach 9.5 billion by 2050. The urban population is expected to account for a minimum of 64% share of it.

The market is segmented based on function into demolition, bricklaying, 3d printing, concrete structural erection, finishing work, doors and windows installation, and others, out of which, concrete structural erection segment is anticipated to grab the most significant share by the end of 2029 on account of reducing the complexity of the construction operations and is attracting most of the construction firms to adopt cobots for this function. This is estimated to contribute to the growth of the segment during the forecast period.

Geographically, the market is segmented into North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa region. The market in Asia Pacific is expected to grow at the highest CAGR during the forecast period. APAC has abundant natural reserves distributed among various countries. The mining and construction industries are among the top industries in Australia, China, India, Malaysia, and Vietnam. With growing urbanization and the wide availability of natural resources throughout the region, the mining and construction companies have started using automated equipment, operating software, and communications system to connect and work on-site. Also, the presence of many robotic manufacturing companies in China and Japan and a high growth rate of the market for 3D printers for advanced construction is projected to drive the growth of the construction robot market in APAC.

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The global construction cobots market is further classified on the basis of region as follows:

* North America (U.S. & Canada) Market size, Y-O-Y growth & Opportunity Analysis
* Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market size, Y-O-Y growth & Opportunity Analysis
* Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC, Poland, Turkey, Russia, Rest of Europe) Market size, Y-O-Y growth & Opportunity Analysis
* Asia-Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market size, Y-O-Y growth & Opportunity Analysis
* Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market size, Y-O-Y growth & Opportunity Analysis

== Market Segmentation ==

Our in-depth analysis of the global construction cobots market includes the following segments:

=== By Type ===

* Traditional Robot
* Robotic ARM
* Exoskeleton

=== By Function ===

* Demolition
* Bricklaying
* 3D Printing
* Concrete Structural Erection
* Finishing Work
* Doors and Windows Installation
* Others

=== By Application ===

* Public Infrastructure
* Commercial and Residential Buildings
* Nuclear Dismantling and Demolition
* Others

=== Growth Drivers ===

* Enhanced Productivity, Quality, And Safety Due to The Implementation of Construction Cobots
* Rise in Automation at Construction Sites
* Adoption of 3d Printing in The Construction Industry

=== Challenges ===

* Unpredictable Layout of The Construction Sites
* High Equipment Cost

== Top Featured Companies Dominating the Market ==

* Brokk Global
** Company Overview
** Business Strategy
** Key Product Offerings
** Financial Performance
** Key Performance Indicators
** Risk Analysis
** Recent Development
** Regional Presence

[[Category:Research_/_Innovation]]

Global Demand For Fly Ash To Witness A Significant Boost With The Rapidly Advancing Construction Sector

2021-05-05T10:38:42Z

Akashy: Created page with "Research Nester recently published a report titled “[https://researchnester.com/reports/fly-ash-market/1857 Global Fly Ash Market]: Outlook, Industry Analysis & Opportunity..."

Research Nester recently published a report titled “[https://researchnester.com/reports/fly-ash-market/1857 Global Fly Ash Market]: Outlook, Industry Analysis & Opportunity Evaluation – 2017-2025” that delivers detailed overview of the global market in terms of market segmentation by product, application, and by regions.

Further, for the in-depth analysis, the report encompasses the industry growth drivers, restraints, supply and demand risk, market attractiveness, BPS analysis, and Porter’s five force analysis.

Fly ash is a highly economical and environment friendly combustion product, which has high-strength and advanced material properties that makes it popular in the construction sector. Fly ash is also being used for landfilling applications in various countries, which is expected to foster the market growth, during the forecast period.

The growing demand from the construction industry owing to the high prevalence of skyscrapers and commercial infrastructures across developing nations is one of the prime factors driving the growth of the fly ash market. Also, the precise execution of the well-defined housing schemes for the under-privileged by the government is driving the demand for fly ash in the construction industries, which results in the market growth. In 2017, the global market was valued at USD 7,025 million, which is predicted to grow at a significant CAGR of 7.02%, over the forecast period (2018-2025).

Considering the phase of global urbanization, there are a large number of opportunities for the industry players to meet the growing demand amongst various industries over the past few years. The frantic calls for elevation of consumers towards a decent standard of living has increased significantly over time, which is expected to propel the market demand for fly ash, over the next few decades.

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The government regulations to utilize the coal combustion product in various countries around the globe is also driving the demand for fly ash. The market is ameliorated by countries of Asia Pacific, including India, China, Bangladesh, Cambodia, Vietnam, Malaysia, Indonesia, and Singapore. Regionally, the market in Asia Pacific generated the highest market share of 70.86% in 2017, and is expected to grow at a CAGR of 7.14% over the forecast period. Staggering development in the infrastructure along with the requisition of cost optimization of material used has brightened the prospects for the market growth in Asia Pacific. In addition, Europe is apprehended to stand as the second largest fly ash market worldwide. The perseverance of the market is distinguished on the back of elevation in the improvement of infrastructure across the countries in Europe.

However, the poor quality of fly ash and limitations associated with the same such as strength loss and inconsistent workability, is anticipated to hamper the market growth. Thus, the companies that are engaged in manufacturing fly ash have to take government regulations into consideration while manufacturing fly ash which may adversely impact the market growth, over the forecast period.

This report also provides the existing competitive scenario of some of the key players of the fly ash market, which includes company profiling of Boral Limited, Cenin Ltd., LafargeHolcim Ltd, Headwaters Inc., Tosoh Corporation, Titan America LLC, Cemex, Separation Technologies, Charah Inc, and Ashtech India Pvt Ltd. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials, and recent news and developments. On the whole, the report depicts detailed overview of the global fly ash market that will help industry consultants, existing players searching for expansion opportunities, new players searching possibilities, and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.

[[Category:Publications_/_reports]]

Modular Construction Market Analysis, Future Outlook and Company Profiles to 2025

2021-04-07T11:43:39Z

Akashy: Created page with "Research Nester recently published report titled “Global [https://www.researchnester.com/reports/global-modular-construction-market/1740 Modular Construction Market]: Outlook, ..."

Research Nester recently published report titled “Global [https://www.researchnester.com/reports/global-modular-construction-market/1740 Modular Construction Market]: Outlook, Industry Analysis & Opportunity Evaluation – 2015-2025” delivers detailed overview of the global modular construction market in terms of market segmentation by type, material, module, by end use and by regions.

Further, for the in-depth analysis, the report encompasses the industry growth drivers, restraints, supply and demand risk, market attractiveness, BPS analysis and Porter’s five force model.

Modular construction may have just brought us closer to endless possibilities that might welcome the future of our living. As the race for survival under a roof has become expensive, modular buildings might just be one possible route to alleviate struggles faced by the growing population across the globe.

The growing demand for cost-efficient and speedy construction is the primary factor driving the growth of modular construction market. Governments across the globe have put in place well-defined housing schemes in order to address the growing demands of housing for the under-privileged and are executing their schemes with better precision that is driving the demand for modular structures, which is again aiding the growth of the market. In 2018, the global modular construction was valued at USD 105.50 billion. The market is predicted to grow at a robust CAGR of 7.12% over the forecast period (2019-2025) and is estimated to cross USD 160 Billion by the end of 2025.

Considering the phase that the market has been passing through over the past two decades, there have been earnest demands from all the stakeholders, predominantly the consumers for arriving at workable solutions that can fulfil their growing needs. The frantic calls for elevation of consumers towards a decent standard of living has gone louder over time globally and this is expected to propel the demand for modular construction during the next few decades.

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While developed countries have adopted various advanced and upgraded housing solutions in modular construction, developing countries such as China and India owing to the experience of a phase of high growth of infrastructure have helped raise the growth of the modular construction market. Regionally, the market in Asia Pacific is predicted to generate highest market size of USD 84.34 billion in terms of value by the end of 2025, while growing at a CAGR of 7.87% over the forecast period.

The growing number of market players particularly in the developing countries such as China and India have brightened the prospects for growth of the modular construction market. The second leading market is estimated to be captured by North America on the back of growing demand for infrastructure owing to increasing migration rate in Canada and recovery in the infrastructure industry exhibiting growth after sub-prime crisis.

[[Category:Research_/_Innovation]]

Demolition grapple

2021-03-05T06:07:49Z

Akashy: Created page with "A demolition grapple is industrial equipment used in the material handling industry. Demolition grapples are used to lift logs, bamboos, stones, cars, earth, and other heavy prod..."

A demolition grapple is industrial equipment used in the material handling industry. Demolition grapples are used to lift logs, bamboos, stones, cars, earth, and other heavy products for transportation purposes. Sometimes a demolition grapple is also equipped with a saw to cut the log held it. A demolition grapple in combination with rake, bucket, trash, pulp, demolition, compaction, etc. Generally, a demolition grapple is used for selecting and handling demolition materials of various sizes.

Global Demolition Grapple Market: Competitive Landscape

Rotobec

Rotobec is a material handling equipment manufacturing company formed in 1975 in Quebec, Canada. The company’s product portfolio includes log demolition grapples, combination grapples, orange peel grapples, pulpwood grapples, stationary mount loader, truck and trailer mount loader, rotational equipment, etc. The company sells demolition grapples under the brand “Robotec.” The company has dealers across North America, Europe, Asia Pacific, Middle East and Africa and South America.

MB Spa

MB Spa is global material handling and demolition grapple manufacturing company formed in 1954 and headquartered in Fara Vicentino, Italy. The company’s product portfolio includes sorting grapple, crusher buckets, screening buckets, shaft screener, drum cutters, and various accessories such as iron separator, dust suppression kit, coupling, hour meter, basket protection kit, and shaft holder.

Material handling industry is growing across the world. In the Asia Pacific region, demand for material handling products is derived due to continuous growth in industrialization activities. Favorable macro-economic factors such as growth in GDP, rise in infrastructure investment across China and India, and increase in construction activity both residential and commercial, is increasing the demand for demolition grapple across the Asia Pacific region. The construction sector is a major user of demolition grapple across the world. Thus, rise in global material and constriction industry across the world is increasing the demand for demolition grapple.

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[https://www.transparencymarketresearch.com/demolition-grapple-market.html https://www.transparencymarketresearch.com/demolition-grapple-market.html]

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

[[Category:Research_/_Innovation]]

Modular Construction to Change the Future of Construction Industry

2021-02-12T09:24:26Z

Akashy: Created page with "Modular Construction is referred to a process in which a building is constructed off-site under the controlled plant conditions with the application of same material and designin..."

Modular Construction is referred to a process in which a building is constructed off-site under the controlled plant conditions with the application of same material and designing to the same codes and standards used while building a conventional facilities by utilizing the half of the time. The building is built in modules and reflects the identical design, when put together, specifications of most sophisticated of site building facility without any negotiation. The modular units could be in the form of highly serviced units such as lifts or toilets, complete rooms, or parts of a room. The collection of distinct modular units usually constructs a self-supporting structure in its own or for tall buildings which may rely on an independent structural framework.

The factory-controlled process of modular construction creates fewer site disturbances, and generates less waste. The construction process of modular buildings is faster than the conventional process since it occurs concurrently with site work, allowing the projects to be completed in half the time. Furthermore, other advantages associated with modular construction includes greater flexibility and reuse, less material waste, improved air quality, reduced construction schedule, safer construction, unlimited design opportunities, and better engineered building.

Rising demand for complex structures at affordable rates, rapid industrialization and urbanization is expected to spur the industry growth over the forecast period. Furthermore, growing inclination toward sustainable construction methods and rising construction activities in emerging countries are subsequently creating opportunities for the industry. Also, rising support from government regulations and policies is also anticipated to drive the modular construction market growth. However, factors such as mobility and lack of awareness and marketing across the supply chain may hinder the industry growth over the forecast period.

The modular construction market is segmented into five different categories which include material, construction, product, application, and regions. Based on material, the modular construction market is segregated into concrete, steel, plastic, wood, and other. The concrete material segment is anticipated to hold the major share of the market in terms of revenue.

In terms of construction, the modular construction market is classified as commercial and relocatable modular construction. The relocatable modular construction segment is expected to hold the major share and is also anticipated to witness enormous growth over the forecast period. On the basis of product, the modular construction market is categorized into roofs & floors, walls, columns & beams and others. Commercial, residential, and industrial are few applications of the modular construction market. Roofs & floors in terms of product and residential based on application are projected to hold major share in terms of revenue and also anticipated to grow extensively over the forecast period.

The regional segmentation of the modular construction market includes North America, Europe, Asia Pacific, Middle East & Africa, and South America. Increasing urbanized population, rising industrialization, and growing spending capacity are the factors spurring the growth in the Asia Pacific region. China is expected to lead the regional modular construction market over the forecast period.

Additionally, increasing government support and demand for sustainable and eco-friendly construction are further projected to fuel the modular construction growth over the forecast period. North America region is expected to hold the major share after Asia Pacific. The growth is driven by various factors which include sustained investments in commercial real estate and growing consumer preference for green buildings. Europe is also another important region for the modular construction market which is expected to grow significantly due to various factors including increasing environmental concerns, upgrades of existing structures, and developing interest in cost benefit and energy saving construction.

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[https://www.transparencymarketresearch.com/modular-construction-market.html https://www.transparencymarketresearch.com/modular-construction-market.html]

[[Category:Projects_and_case_studies]] [[Category:Research_/_Innovation]]

Impact of COVID-19 on Modular Construction Industry

2021-01-22T11:04:01Z

Modular Construction is referred to a process in which a building is constructed off-site under the controlled plant conditions with the application of same material and designing to the same codes and standards used while building a conventional facilities by utilizing the half of the time. The building is built in modules and reflects the identical design, when put together, specifications of most sophisticated of site building facility without any negotiation. The modular units could be in the form of highly serviced units such as lifts or toilets, complete rooms, or parts of a room. The collection of distinct modular units usually constructs a self-supporting structure in its own or for tall buildings which may rely on an independent structural framework.

The factory-controlled process of modular construction creates fewer site disturbances, and generates less waste. The construction process of modular buildings is faster than the conventional process since it occurs concurrently with site work, allowing the projects to be completed in half the time. Furthermore, other advantages associated with modular construction includes greater flexibility and reuse, less material waste, improved air quality, reduced construction schedule, safer construction, unlimited design opportunities, and better engineered building.

Rising demand for complex structures at affordable rates, rapid industrialization and urbanization is expected to spur the industry growth over the forecast period. Furthermore, growing inclination toward sustainable construction methods and rising construction activities in emerging countries are subsequently creating opportunities for the industry. Also, rising support from government regulations and policies is also anticipated to drive the modular construction market growth. However, factors such as mobility and lack of awareness and marketing across the supply chain may hinder the industry growth over the forecast period.

The modular construction market is segmented into five different categories which include material, construction, product, application, and regions. Based on material, the modular construction market is segregated into concrete, steel, plastic, wood, and other. The concrete material segment is anticipated to hold the major share of the market in terms of revenue.

In terms of construction, the [https://www.transparencymarketresearch.com/modular-construction-market.html modular construction market] is classified as commercial and relocatable modular construction. The relocatable modular construction segment is expected to hold the major share and is also anticipated to witness enormous growth over the forecast period. On the basis of product, the modular construction market is categorized into roofs & floors, walls, columns & beams and others. Commercial, residential, and industrial are few applications of the modular construction market. Roofs & floors in terms of product and residential based on application are projected to hold major share in terms of revenue and also anticipated to grow extensively over the forecast period.

The regional segmentation of the modular construction market includes North America, Europe, Asia Pacific, Middle East & Africa, and South America. Increasing urbanized population, rising industrialization, and growing spending capacity are the factors spurring the growth in the Asia Pacific region. China is expected to lead the regional modular construction market over the forecast period.

Additionally, increasing government support and demand for sustainable and eco-friendly construction are further projected to fuel the modular construction growth over the forecast period. North America region is expected to hold the major share after Asia Pacific. The growth is driven by various factors which include sustained investments in commercial real estate and growing consumer preference for green buildings. Europe is also another important region for the modular construction market which is expected to grow significantly due to various factors including increasing environmental concerns, upgrades of existing structures, and developing interest in cost benefit and energy saving construction.

Major players in the modular construction market include Skanska AB (Sweden), ACS Group (Spain), L&T (India), Kiewit Corporation (U.S.), Komatsu Ltd (Japan), Balfour Beatty Plc. (U.K.), Taisei Corporation (Japan), System House R & C Co. Ltd (Japan), Red Sea Housing Services (Saudi Arabia), and Bouygues Construction (France).

[[Category:Publications_/_reports]] [[Category:Research_/_Innovation]]

BIM 2018-2026 market predictions

2020-12-04T04:17:50Z

Akashy: Created page with "Rise in awareness of benefits of information modelling for buildings, especially across construction sector, has seen significant traction in demand for BIM software solutions an..."

Rise in awareness of benefits of information modelling for buildings, especially across construction sector, has seen significant traction in demand for BIM software solutions and services. Favorable changes, such as policy updated by UK government for time bound transition to Level 2 BIM and subsequently Level 3 BIM, has seen larger construction companies implementing the same as part of their business strategy, with penetration reaching close to 70%.

Building information modeling (BIM) is considered to be beneficial and technically advanced tool in the architecture, engineering, and construction (AEC) industry. BIM is a designing tool used to visualize the design aspects of buildings in 3D. Apart from 3D visualization, BIM also helps in attaining estimates of various other factors, such as cost implementation, time requirement, labor requirement, raw material provision, and other key prerequisites in the construction industry. Management of the entire construction lifecycle can be simulated by BIM efficiently.

With a rise in construction activities around the globe, the market for BIM has expanded greatly. Major factors driving the growth of BIM market are desires for increased efficiency, long-term estimation of the project, and augmented workflow. Furthermore, government regulatory bodies undertaking construction activities are taking initiatives to raise the adoption of BIM in their respective countries. A large number of AEC small and medium enterprises (SMEs) have started adopting BIM, which has indirectly boosted the BIM consultancy service segment.

The BIM market is facing certain challenges owing to the high cost of software and frequent requirement for software upgrades. Moreover, the lack of trained expertise in the field is a major restraint for the BIM market. Because it is an expensive tool, the adoption rate of BIM is quite low among the AEC SME s.

The BIM market is segmented on the basis of solution types, end-users, end-use industry, and geography. Segmentation based on solution type includes software and consultancy services. BIM software market is further segmented, by deployment type, into on-premise and cloud-based software types. The adoption of BIM is expected to expand over the forecast period due to a rise in the number of cloud-based services. Cloud-based software is the fastest-growing segment in the BIM software market; this growth is attributed to the high cost of on-premise software deployment and large-scale adoption of BIM by AEC SMEs.

Architects, engineers, contractors, and developers are among the major end-users and contributors toward BIM revenue generation. The adoption of BIM in 2020 was dominated by the architects, followed by engineers. However, contractors are expected to be the major users of BIM over the forecast period, with their presence expanding at a CAGR of higher than global average during the forecast period.

Number of end use industries are making use of BIM solutions in their infrastructural development. These include water and waste water; bridges, roads, and highways; rail transit and aviation; energy generation facilities, houses and apartments; education institutes and commercial spaces; government buildings; factories and warehouses; dams; and others. The rail transit and aviation sector and educational institutes and commercial spaces segment are analyzed to emerge as most lucrative segments, accounting for highest opportunity share.

The global BIM market, based on geography, is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. Geographically, North America and Europe are the largest market for BIM and expected to maintain their dominant position throughout the forecast period. However, Asia Pacific is expected to witness the fastest growth during the forecast period. China, India, Japan, Australia, and South Korea are among the major markets for BIM in this region. The global BIM market, in the current situation, shows the presence of key players including Autodesk Inc., Bentley Systems Inc., AECOM, Trimble Inc., GRAITEC, Dassault Systemes SA, Nemetschek AG (Vectorworks, Inc), Tekla Corporation, Synchro Software Ltd., Pentagon Solutions Ltd., and Beck Technology Ltd.

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[[Category:Publications_/_reports]]

Construction cameras

2020-11-06T06:35:54Z

Akashy: Created page with "Transparency Market Research delivers key insights on the global [https://www.transparencymarketresearch.com/construction-camera-time-lapse-camera-market.html construction camera..."

Transparency Market Research delivers key insights on the global [https://www.transparencymarketresearch.com/construction-camera-time-lapse-camera-market.html construction camera (time lapse camera) market]. In terms of revenue, the global construction camera (time lapse camera) market is estimated to expand at a growth rate of 8% during the forecast timeline, owing to numerous factors regarding which TMR offers thorough insights and forecasts in the global construction camera (time lapse camera) market report.

In the report, TMR predicts that the global construction camera (time lapse camera) market would be largely driven by factors such as rise in construction or infrastructure development activities. Increasing trend of using advance intelligent security solutions is projected to create new opportunities for construction cameras (time lapse cameras) in the near future.

According to the construction camera (time lapse camera) market research report, based on product type, the market includes fixed camera, PTZ (Pan-Tilt-Zoom) camera, indoor camera, and mobile camera trailers. Fixed cameras are anticipated to dominate the global construction camera (time lapse camera) market. In terms of power, AC and DC power driven cameras accounted for around 76% market share in the year 2019. In remote locations and job sites, where supply of electricity is inconsistent, installation of solar-operated time-lapse cameras are considered the preferred option for end users. Based on application, jobsite progress monitoring is considered the preferred choice of end users in recent years. This segment dominated the market in the year 2019. In terms of distribution channel, the offline mode of distribution held over 67.5% of the market share in terms of value in the year 2019. However, the online mode of distribution is projected to expand rapidly during the forecast period.

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Construction Camera (Time Lapse Camera) Market: Drivers, Opportunities, and Restraints

The major driving factor for the construction camera (time lapse camera) market is the evolution in the construction industry and rapid increase in number of infrastructure development projects in emerging economies of the globe. Advancement in terms of technology and launch of construction cameras (time lapse cameras) with innovative features is anticipated to create new business opportunities for manufacturers and distributors of construction cameras (time lapse cameras) in the near future. Live jobsite monitoring, customized time lapsing, and 24/7 intelligent security with motion alerts has made things simple for project managers, owners, and other prominent stakeholders of the business.

Lack of awareness about usage of construction or time-lapse cameras for job progress monitoring purpose especially in developing countries of the globe is a restraining factor impacting the overall growth of the market. Individuals still have a perception about construction cameras being used for security and safety of building material and construction equipment only.

Construction Camera (Time Lapse Camera) Market: Prominent Regions

Currently, Asia Pacific dominates the global construction camera (time lapse camera) market followed by Europe. Asia Pacific is projected to be an emerging market and anticipated to expand at a significant growth rate during the forecast period. Usage of construction cameras (time lapse cameras) are projected to rise in a significant manner in the near future in China, India, Japan, and other Southeast Asian countries, due to increasing number of construction projects and rise in usage of smart devices and cloud-based services.

In Middle & Africa, the demand for construction cameras (time lapse cameras) is projected to expand at a substantial growth rate during the forecast period, especially in GCC countries, which are seeing rapid increase in construction activities such as construction of commercial complexes and high-rise buildings in UAE, etc., and thus projected to generate huge opportunities for manufacturers and distributors of construction or time lapse cameras in the near future.

[[Category:Research_/_Innovation]]

Integration of Artificial Intelligence to Prevent Hazards in the Construction Industry

2020-07-09T12:20:45Z

Akashy: Created page with "Transparency Market Research delivers key insights on the global [https://www.transparencymarketresearch.com/construction-market.html construction market]. In terms of revenue, t..."

Transparency Market Research delivers key insights on the global [https://www.transparencymarketresearch.com/construction-market.html construction market]. In terms of revenue, the construction market is estimated to expand at a CAGR of ~4% during the forecast period, owing to numerous factors regarding which TMR offers thorough insights and forecasts in the construction market report.

In the report, TMR predicts that the construction market would be largely driven by factors, such as rise in population and investments in infrastructure. Increase in demand for multifunctional characteristics of construction products, use of artificial intelligence, and a streamlined supply chain are expected to drive the construction market during the forecast period.

According to the construction market report, the type segment includes heavy & civil engineering (bridges, roads, railways, airports, and others (sewage, under bridges, etc.), general construction (residential, commercial, industrial), and others (specialty trades, maintenance, etc.) Based on type, the heavy and civil engineering segment accounts for major share. The development of transport infrastructure in various countries contributes maximum to this segment. Maximum investment is for building roads, bridges, and rail lines. The segment is projected to expand at a significant rate in the near future.

In terms of general construction, the residential segment accounts for maximum share of the market. It is estimated to maintain its dominant position during the forecast period. Various housing policies, low interest on loans, and increasing population are key factors responsible for the expansion of the residential segment. Urbanization, modernization, and rise in population are factors leading to infrastructure investments, which is boosting the global construction market.

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Construction companies are expanding their business to new geographies. The construction market is strongly dependent on the economy and spending power of consumers. Various construction companies have adopted a lean approach to increase efficiency and maintain stability. These factors are estimated to drive the construction market during the forecast period. Shortage of skilled labor, rise in raw material cost, changing political conditions, growing environmental concerns, and lack of investment are restrains of the construction market.

Construction Market: Prominent Regions

Asia Pacific holds a major share of the global construction market, followed by North America. Key players largely depend on geographical expansion, promotions, and technological advancements to cater to customer demand and gain a competitive edge in the construction market.

Asia Pacific accounted for approximately 40% share of the global construction market in 2018, followed by Europe and North America. It is anticipated to maintain its dominance in the market during the forecast period, due to rapid industrialization and urbanization in the region.

Construction Market: Key Players

Key players operating in the global construction market include China Communications Construction Company Ltd, Vinci SA, Bouygues SA, Larsen & Toubro Limited, Strabag SE, Power Construction Corporation of China, Actividades de Construcción y Servicios or ACS, Bechtel Corporation, Skanska AB and TechnipFMC plc.

[[Category:Organisations]] [[Category:Research_/_Innovation]]

Growth opportunities for the construction industry

2020-03-12T13:23:53Z

Akashy: Created page with "Trends within the [https://www.transparencymarketresearch.com/construction-market.html global construction market] have evolved at a rapid pace over the past few decades. Progres..."

Trends within the [https://www.transparencymarketresearch.com/construction-market.html global construction market] have evolved at a rapid pace over the past few decades. Progress in technology, significant improvements in construction techniques, and use of superior grades of raw materials are some of the factors that have boosted the construction market in the past few years. While economic factors remain pivotal in the growth of the construction sector across the world, the rapidly growing global population is expected to create a substantial demand for heavy & civil engineering as well as general construction worldwide.

According to a publication released by the World Economic Forum, the global urban population is increasing by around 200,000 per day. Furthermore, the publication also stated that the global urban population is expected to grow past the 6 billion mark by 2045, which in turn is expected to put significant pressure on the construction market.

In order to support this influx of people in urban areas of the world, significant rise in the number of industrial, residential, and commercial projects is expected. Additionally, the significant increase in the number of general construction projects will influence the construction of civil projects, including railways, airports, roads, bridges, etc. While other industrial verticals, such as agriculture, retail, and manufacturing, among others, were quick to adopt evolving technologies, the construction market remained behind. However, at present, stakeholders are focusing toward improving productivity and saving cost by showing interest in digital technologies.

Digital technologies have played an imperative role in transforming a range of industry verticals. Over the past few decades, innovations and technological advancements have led to improved productivity levels, high sustainability, and redefined the skill sets of the labor involved. However, around the same time, within the construction market, productivity levels reached stagnation, due to high dependability on manual labor and mechanical technology, and unwillingness to change conventional business and operating models.

However, digital technologies are gradually entering the construction market, and are expected to play a key role in transforming how various real estate and infrastructure development projects are constructed, designed, maintained, and operated. Some of the new technologies that are anticipated to gain significant popularity in the near future include prefabrication, wireless sensors, building information modeling (BIM), robotics and automated equipment, and 3D printing, among others. These novel technologies are compelling stakeholders in the construction market to adopt new construction practices.

The construction market is expected to witness steady growth during the forecast period, as more number of countries are gearing up to meet the demand of the growing urban population. Furthermore, while the developed economies are showing no signs of slowing down, the developing nations across the globe are also increasingly spending on a range of construction projects.

In North America, particularly in the U.S., infrastructure development pertaining to transportation is expected to provide an impetus for growth of the construction market. For instance, a whopping ~US$ 8 Bn was allocated for the redevelopment of LaGuardia Airport - a project in which a new airport is being constructed next to the already existing airport. Adoption of latest technologies in the construction market is expected to create significant opportunities for stakeholders involved in the current market landscape.

Governments across the world are increasingly spending on a range of mega construction projects. For instance, the South-North Water Transfer Project, China, has been given a staggering 48-years for its completion - a project which will enable the population in north China to gain easier access to water. Moreover, the ongoing construction of Dubailand is a whopping 278 square kilometer project, which is expected to include a number of hotels, theme parks, and recreational buildings.

[[Category:Conservation]] [[Category:Research_/_Innovation]]