Construction
The construction sector, a powerful driver of economic growth and contributor to the global market, stimulates the development of cities and the expansion of infrastructure. The industry covers a wide variety of construction activities, from the building of residential, commercial, industrial, and institutional structures, to transport infrastructure, utilities, smart cities and the construction of public facilities. Construction materials, heavy equipment, engineering services, project management services and innovative construction technologies are all included within this sector. Steadily growing demand continues to be propelled by the increasing levels of urbanisation, the expansion of global populations and Government investment in infrastructure.
Increased housing demand, affordable housing projects and the improvement of housing conditions will drive continued growth of the residential building sector, whereas the growing logistics hubs, manufacturing plant operations, data centres, hospital and retail developments will provide the thrust for the expansion of the commercial and industrial construction sector, along with continued large scale public sector investment for roads, railways, airports, power grids and water infrastructure around the world. The integration of technologies, such as Building Information Modelling (BIM), modular construction, 3D printing, automation and the use of drones as well as analysis of project data, will greatly reduce delivery times and overall cost controls by increasing efficiency, while at the same time sustainable construction, energy efficient buildings and low-carbon materials are becoming critically important factors throughout the entire industry.
At Consegic Business Intelligence we provide comprehensive market research and analysis in the Construction market to enable our clients to access market data, trends, research new innovations, find investment opportunities, and use this data to make informed strategic decisions in this extremely competitive industry.
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