Worldwide Construction Industry - Opportunities in Developing Regions.......by A&M Mindpower Solutions

Worldwide Construction Industry - Opportunities in Developing Regions.......by A&M Mindpower Solutions

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.

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.

For more information please refer to the below mentioned link:

http://www.ammindpower.com/reports-Worldwide Construction Industry - Opportunities in Developing Regions.html

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