The construction industry includes architectural services, the
physical processes of building, infrastructure development, civil engineering,
the assembly and installation of prefabricated components and equipment, and
repairs and maintenance for already built structures.
Construction
market in this report is segmented into building construction, heavy and civil
engineering construction and specialty construction contractors.
Order report at:
The global construction market has been growing in the past years with
a CAGR of almost 7%. The year 2017 recorded growth in this market with a net
market value more than 23% higher than that of 2013, as per TBRC’s in-house
consultants.
TBRC’s latest report show the historic and future trends in the market
for each year with sourced reasons to support the growth claims.
The report also shows
the global construction market to grow at a higher CAGR by 2021 as compared to
2017, along with geographies best suited for investments with highest return
rate.
Download sample report at:
Construction companies are adopting digital technologies such as
augmented reality (AR), virtual reality (VR) and wearables to improve
construction site safety. VR and AR enable construction managers to view
jobsite conditions in a simulated environment. They can also be used for
training workers on safe operation of heavy equipment in a controlled
environment. Wearables can track workers in the field to protect them from
jobsite hazards and other potential injuries. New safety devices such as carbon
monoxide-detecting hats use noninvasive blood oxygen monitors to alert workers
in areas with high carbon monoxide emissions and CO2 bricks. For instance,
Skanska USA, a leading construction group, is using equipment sensors and labor
tracking technology to ensure safety of workers. In 2016, Bechtel, a US-based
construction and civil engineering company, started VR immersion safety
training for its workers. New South Construction Company in Atlanta is using
Oculus Rift VR headsets for project imaging and worker safety.
Companies included in the report are China State Construction Engineering
Co., Ltd., China Railway Group Ltd., China Railway Construction Corporation
Limited, China Communications Construction Group Ltd., Vinci SA, Power
Construction Corp. Of China, Bechtel Corporation*, Grupo ACS, Bouygues SA, and Skanska
Group.
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
No comments:
Post a Comment