Global Construction 2025
Global Construction 2025, A global forecast for the construction industry to 2025, was published on 1 July 2013 by Global Construction Perspectives and Oxford Economics.
It was the third in a series of major global studies of the construction and engineering industry. It was sponsored by a number of global business leaders in the construction and engineering industry from North America, Latin America, Europe, MENA, sub-Saharan Africa and Asia Pacific, however, there is a significant charge for accessing the report. The executive summary can be accessed free of charge by registering.
It is intended to improve understanding of global construction. The report and over 50 separate databases provide forecasts to 2025 and analyse market dynamics in major construction markets.
- Global Construction 2025 forecasts “meteoric growth”, outpacing global GDP, in China, the US and India.
- Construction globally is expected to rise by $6.3 trillion to $15 trillion by 2025, with China, the US, India, Indonesia, Russia, Canada and Mexico accounting for 72% of the expected growth.
- Over 60% of the global construction activity will be undertaken in emerging markets by 2025, up from 35%.
- North America will see the highest growth in developed country regions, almost 40% larger by 2025 than in 2007.
- Sub-Saharan Africa will by the second highest growth region.
- Western Europe is expected to be almost 5% smaller in 2025 than in 2007.
- Affordable housing in emerging markets is identified as a major market opportunity, with 270 million new homes needed in China and India by 2025.
[edit] Find out more
[edit] Related articles on Designing Buildings Wiki
Featured articles and news
Investors in People: CIOB achieves gold
Reflecting a commitment to employees and members.
Scratching beneath the surface; a guide to selection.
ECA 2024 Apprentice of the Year Award
Entries open for submission until May 31.
UK gov apprenticeship funding from April 2024
Brief summary the policy paper updated in March.
For the World Autism Awareness Month of April.
70+ experts appointed to public sector fire safety framework
The Fire Safety (FS2) Framework from LHC Procurement.
Project and programme management codes of practice
CIOB publications for built environment professionals.
The ECA Industry Awards 2024 now open !
Recognising the best in the electrotechnical industry.
Sustainable development concepts decade by decade.
The regenerative structural engineer
A call for design that will repair the natural world.
Buildings that mimic the restorative aspects found in nature.
CIAT publishes Principal Designer Competency Framework
For those considering applying for registration as a PD.
BSRIA Building Reg's guidance: The second staircase
An overview focusing on aspects which most affect the building services industry.
Design codes and pattern books
Harmonious proportions and golden sections.
Introducing or next Guest Editor Arun Baybars
Practising architect and design panel review member.
Quick summary by size, shape, test, material, use or bonding..