Growth of the construction industry in emerging economies drives the Market of Fireproof Insulation

The global fireproof insulation market was valued at USD 18.16 Billion in 2015, and is projected to reach USD 23.79 Billion by 2021, at a CAGR of 4.6%. Stringent building codes in developed countries, greenhouse gas emission reduction, cost efficiency, strict regulatory environment, rebates and tax credits, and increased demand from new constructions are some of the factors that are expected to...

Pre-engineered Buildings Market- Current Trends and Future Aspect Analysis 2019 – 2024

Pre-engineered buildings are steel buildings or structures fabricated away from the construction site, based on customer requirements. These buildings are first designed using specific software tools, and then individual elements are manufactured at the factory, which is further transported, assembled, and erected at the construction site, with bolted connections. MarketsandMarkets expects...

Construction Equipment Market Qualitative Analysis by Industry Overview to 2025

Construction Equipment Market
The Construction Equipment Market is projected to grow at a CAGR of 4.52% during the forecast period, to reach a market size of USD 199.18 Billion by 2025 from an estimated size of USD 146.17 Billion in 2018. The upcoming infrastructural projects and increased government spending have led to an increase in construction activities. Additionally, with the advancements in technology, the equipment has...

Smart Building Market to Continue its Impressive Growth After 2017

Building management systems (BMS) play key role in security, surveillance and lighting systems of a particular building. In modern times, information technology is playing a vital role in shaping the future of the conventional building management systems. Known by the name of smart automation, today’s management systems of the buildings have advanced to great levels. Buildings enabled with these...