Modular Construction On A Rise
Asia Pacific was the largest region in the building construction market in 2017, accounting for more than 60% market share. China was the largest country in the market in 2017, accounting for nearly 40% market share.
(EMAILWIRE.COM, December 12, 2018 ) The global buildings construction market, one of the segments in the construction industry, grew at a compound annual growth rate (CAGR) of around 8% during the historic period. This mainly due to an increase in demand for housing especially in developing countries such as India and China.
In the forecast period, the global buildings construction market size is expected to be over $12,283 billion by 2021, growing at a CAGR of nearly 9.8%. The growth rate is higher in the forecast period when compared to the historic period. This is mainly attributed to several factors which include increasing rate of urbanization and development of new cities.
Find TBRC’s report on the buildings construction market:
https://www.thebusinessresearchcompany.com/report/buildings-construction-market-global-briefing-2018
Building manufacturers across the globe are using modular construction to ensure better quality management for construction. Modular construction is a process in which a building is constructed off-site, produced in modules and then assembled on-site. Modular buildings are stronger, sustainable, and more efficient. These also take lesser time for completion than conventionally constructed buildings. Offsite construction is suited for a number of structure types such as schools, dormitories, hospitals, office buildings, hotels and retail stores.
Download a sample report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=578&type=smp
About The Business Research Company.
The Business Research Company is a Business Intelligence Company which excels in company, market and consumer research. It has offices in the UK, the US and India and a network of trained researchers in 15 countries globally.
Contact Information.
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 8897263534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow us on Linkedin: https://in.linkedin.com/company/the-business-research-company
In the forecast period, the global buildings construction market size is expected to be over $12,283 billion by 2021, growing at a CAGR of nearly 9.8%. The growth rate is higher in the forecast period when compared to the historic period. This is mainly attributed to several factors which include increasing rate of urbanization and development of new cities.
Find TBRC’s report on the buildings construction market:
https://www.thebusinessresearchcompany.com/report/buildings-construction-market-global-briefing-2018
Building manufacturers across the globe are using modular construction to ensure better quality management for construction. Modular construction is a process in which a building is constructed off-site, produced in modules and then assembled on-site. Modular buildings are stronger, sustainable, and more efficient. These also take lesser time for completion than conventionally constructed buildings. Offsite construction is suited for a number of structure types such as schools, dormitories, hospitals, office buildings, hotels and retail stores.
Download a sample report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=578&type=smp
About The Business Research Company.
The Business Research Company is a Business Intelligence Company which excels in company, market and consumer research. It has offices in the UK, the US and India and a network of trained researchers in 15 countries globally.
Contact Information.
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 8897263534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow us on Linkedin: https://in.linkedin.com/company/the-business-research-company
Contact Information:
The Business Research Company
Marketing TBRC
Tel: +91 8897263534
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results
The Business Research Company
Marketing TBRC
Tel: +91 8897263534
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results