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Increasing Adoption of Green Cement Supports the Global Cement Market

Date: 9, December 2021 | Category: Construction & Real Estate

The global cement market is expected to record a value of US$401.10 billion in 2025, progressing at a CAGR of 5.10% for the period spanning 2021-2025. Factors such as surging demand from construction activities, increasing adoption of green cement, expanding urbanization and rising disposable income are likely to drive the growth of the market. However, the growth of the market would be challen ..

Rapid Urbanization is driving home improvement market in ASEAN countries

Date: 26, November 2021 | Category: Construction & Real Estate

The ASEAN home improvement market is forecasted to reach US$10.90 billion in 2025, experiencing growth at a CAGR of 9.22% during the period spanning from 2021 to 2025. Growth in the ASEAN home improvement market was supported by factors such as increasing population in ASEAN countries, skyrocketing house prices, rapid urbanization and favorable demographic structure. Rising e-commerce penetrati ..

Construction Industry Likely to Support the US Equipment Rental Market

Date: 24, November 2021 | Category: Construction & Real Estate

The U.S. equipment rental market is expected to record a value of US$64.71 billion in 2025, growing at a CAGR of 5.47%, for the time period of 2021-2025. The factors such as rise in party & event planning, growth in oil & gas production, rising employment and rapid urbanization would drive the growth of the market. However, the market growth would be challenged by tracking equipment uti ..

Rise in Technology Spending is Likely to Boost the Global Smart City Market

Date: 17, July 2021 | Category: Construction & Real Estate

The global smart city market is anticipated to reach US$2.51 trillion in 2025, experiencing growth at a CAGR of 20.51% during the period spanning from 2021 to 2025. Growth in the market was supported by factors such as increasing technology spending on smart city initiatives, rising global urbanization and surging infrastructural investment. Growing adoption of artificial intelligence is likely ..

Increasing Investment in Construction and Infrastructure Support the Global Crane Market

Date: 6, July 2021 | Category: Construction & Real Estate

The global crane market is forecasted to record a value of US$41.39 billion in 2025, progressing at a CAGR of 5.24% during the period spanning 2021-2025. The factors such as increasing investment in construction and infrastructure, rising demand in metallurgical industries, escalating preference of rental services, upsurge in e-commerce sector, rapid expansion of aerospace industry and expandin ..

Increasing Smart Home Penetration to Drive Global Smart Home Market

Date: 16, August 2020 | Category: Construction & Real Estate

The global smart home market is forecasted to reach US$292.43 billion in 2024, growing at a CAGR of 9.68% for the period spanning 2020-2024. The factors such as growing smart HVAC devices demand, rapid urbanization, improving consumer confidence, rising geriatric population, increasing income, growing expenditures on Internet of Things (IoT) and rising adoption of sustainable building designs a ..

Increasing Construction Activities Drives the Global Concrete Admixtures Market

Date: 27, February 2020 | Category: Construction & Real Estate

The global concrete admixtures market is estimated to reach US$25.3 billion in 2023, growing at a CAGR of 9.04% for the period spanning from 2019 to 2023. The factors such as accelerating economy, increasing urban population, rising construction ac ..

Development of AI Technology Likely to Drive the Robotics Lawn Mower Market

Date: 14, February 2020 | Category: Construction & Real Estate

The global power lawn mower market is estimated to reach US$34.79 billion in 2024, growing at a CAGR of 4.13% for the period spanning from 2020 to 2024. The factors such as increasing construction activities, growing market of smart homes, rapid ur ..