Despite the ongoing uncertainty over the COVID-19 pandemic, growth in global construction output will reach 5.7% in 2021, following the 2.4% drop in 2020. Although recovering from the COVID-19 crisis, the global industry has borne a huge cost in terms of foregone revenue, says Glo...
The global construction industry currently represents about 13% of global GDP and this number will increase to 15% in 2020. Countries poised to undergo the largest growth include China, India, Russia, Brazil, Poland and the US. Construction in developing or emerging markets is set to increase b...
Ken Creighton, Chair of the ICMS Coalition, said: “Today is an important day for the global construction market because we are one step closer to achieving consistency across the industry. We are seeking input from professionals and all stakeholders in the built environment to help draft this l...
Post Time:Jul 26,2021Classify:Industry NewsView:1259 Here is an Exclusive report talking about Market scenarios, Estimates, the impact of lockdown, and Customer Behaviour. The report on the construction glass market provides a holistic update, market size and forecast, trends, growth drivers, and...
Over the last 10 years, the BRI has addressed the major bottlenecks restricting connectivity and economic growth in most of the developing countries. A large number of infrastructure projects have been built, with significant progress for participating countries in the construction of railways, highways...
The global agriculture, construction, and mining machinery market is expected to grow from $517.6 billion in 2020 to $581.52 billion in 2021 at a compound annual growth rate (CAGR) of 12.3%. The growth is mainly due to the companies rearranging their operations and recovering from...
The article reports on a survey entitled "Adapting to an Uncertain Environment" from KPMG International revealing the optimistic outlook of many leading global engineering and construction (E&C) companies for 2011 despite the sluggish growth of economic recovery. It notes that the survey's findings ...
will drive the market. Factors that could hinder the growth of the construction market in the future include the Russia-Ukraine war, the rising interest rates globally, the lack of skilled workers, safety and cyber security issues and health and safety challenges in the construction industry. ...
As China pivots from its zero Covid policy and with growth in the US and most European markets expected to be negative or flatline this year – what are the medium and longer-term futures for the global construction industry? The “Global Construction Futures” report published by Oxfo...
The head of Schott China stated that with the expo, the company has achieved unparalleled growth, and continuing to invest in the Chinese market is a strategic choice for the future. Thanks to the CIIE, exhibits have turned into commodities and exhibitors have become investors. An increasing num...