Overview of the global cement mixer market
Market research analysts at Technavio have predicted that the global cement mixer market will grow steadily at a CAGR of almost 11% by 2020. This market research analysis identifies the renewed focus on construction activities worldwide as one of the primary growth factors for this market. Increasing government initiatives to encourage manufacturers to use energy-efficient equipment and materials for the production of cement and concrete will aid in the growth of the market. Additionally, the rapid urbanization in emerging regions such as APAC and Latin America also aid in increasing the demand for cement mixers. The APAC region consists of major emerging markets such as China, India, Indonesia, Malaysia and Vietnam where the construction market is growing at a rapid rate. The increased focus on the development of transportation networks to encourage cycling and the use of public transports in Europe and the focus of the Americas to renovate and expand existing public infrastructures will contribute to the growth of the market. Moreover, the increasing investments towards the development of smart cities and renovation projects of existing cities in all major countries across the globe will also have a positive impact on the growth of the concrete mixer market in the next four years.
Purchasing construction equipment involves a huge initial investment and as a result, small and medium enterprises are hesitant to invest in new equipment. Renting construction equipment helps construction
Overview of the ceramic sanitary ware market
Technavio’s market research analysts have predicted the global ceramic sanitary market to grow at an impressive CAGR of more than 7% during the forecast period. The expansion of the housing industry is a key factor driving the growth of this market in the coming years. The increasing sales and construction of housing projects across the US, China, India, South Korea, and the Middle Eastern countries is spurring the growth of construction sector, which will, in turn, to fuel the demand for ceramic sanitary ware. Moreover, the increasing number of privately owned housing units in the US and the increasing sales of housing units in APAC countries will also drive this market’s growth. Furthermore, growth in home renovation projects and growing interest in interior designing will also significantly contribute to this market’s growth until the end of 2020.
In this industry research report, the analysts have estimated factors such as the introduction and adoption of technologically advanced ceramic sanitary ware will aid in the growth of this market over the predicted period. Several technological advancements in the recent years have helped the sanitary ware industry to increase functionality, reduce human intervention, and help save natural resources. Therefore, the ceramic sanitary ware manufacturers are increasingly focussing on developing innovative products to maintain their market share. For example, the waterless urinals are a prodigy of technology that has revolutionized the sanitary ware industry.
Product segmentation and analysis of the ceramic sanitary ware market
During 2015, the washbasins
Overview of the smart bathroom market
Extensive research carried out the analysts at Technavio has shown that the global smart bathroom market will grow impressively at a CAGR of more than 10% over the forecast period. Wider adoption of smart bathrooms in urban areas is a critical factor driving the growth of this market over the predicted period. According to the UN estimates, nearly 53% of the global population resides in urban areas, and this is likely to increase to 58% by the end of 2019. To overcome the increasing stress on infrastructure and utilities encountered in rural to urban migration, construction companies are increasingly focussing on developing smart buildings with features like smart bathrooms to promote sustainable development and efficient energy management. Smart bathrooms offer optimally integrated solutions such as smart toilets, automatic flush systems, and automatic faucets that help conserve water and energy, thereby, aiding in the growth of the smart bathroom market in the coming years.
In this industry research report, the analysts have estimated factors such as the increasing focus on energy conservation, maintaining hygiene, and sustainable development to spur the demand for smart bathrooms during the predicted period. In the US, smart bathrooms are gaining popularity as they have advanced technologies that help conserve energy and maintain hygiene. Similarly, in Germany, the government has introduced the concept of smart bathroom in the construction market to control and reduce high energy costs. Also, in India, the rising population and rapid urbanization have led to an increasing demand for energy, water, and housing. To overcome this challenge, the government of India is encouraging the construction of smart buildings, which encompasses the use of smart bathroom products. Moreover, with technological advancements smart bathroom products boast better functionality, reduced
Outlook of the airport stands equipment market
Extensive research carried out by the analysts at Technavio has shown that the global airport stands equipment market will grow at a CAGR of more than 6% over the forecast period. Factors such as exponential growth in the tourism industry in the 2011-2015 period are expected to drive this market in the coming years. The number of international tourists has grown significantly and estimated that nearly 810 million tourists visited the European and American countries, and 550 million tourists visited Asian and Middle Eastern countries in 2015. This number is expected to rise by almost 30% over the forecast period. Therefore, governments around the world have made substantial investments to their transportation networks to accommodate this high volume of visitors. Moreover, growth in international tourism has led to expansion and construction of new and existing airports, and this will spur the growth of the airport stands equipment market in the coming years.
In this industry research report, the analysts have estimated factors such as increasing focus on non-aviation revenue to propel this market’s growth during the predicted period. Non-aviation revenues are often sources of future expansion projects of airports. Duty-free shops mostly sell high-end, luxury goods such as cosmetics, jewelry, confectionary items, and alcohol. The profits accrued from the sale of these duty-free products reduce the airport’s reliance on aeronautical revenues. Moreover, such retail outlets diversify the tax base of the airport, and this income is utilized for fulfilling the demand for the support equipment required at the airports like preconditioned air units and electrical ground power supply systems.
Segmentation by type and analysis of the airport stands equipment market
- Stand entry guidance system
Outlook of the pile driving equipment market
Technavio’s market research analysts have predicted the global pile driving equipment market to grow steadily at a moderate CAGR of more than 6% during the forecast period. Significant investments in infrastructure development have resulted in a surge of construction projects around the world. Moreover, an increasing population and favourable conditions for international trade and tourism have prompted governments to invest heavily in the construction of airports. Therefore, the large-scale investments in public infrastructure development, such as airports, will aid in the growth of this market over the forecast period.
In this industry research report, the analysts have estimated eminent factors such as the emergence and adoption of innovative piling technologies to spur the growth prospects of this market in the coming years. Manufacturers are increasingly focussing on developing technologies such as load testing, integrity testing, and sonic drilling to increase the performance and efficiency of pile driving equipment. For example, sheet piling is gaining popularity, and it is a part of the foundation process while reinforced concrete sheet piles and steel sheet piles are used for deep excavations. Moreover, resonance-free vibratory equipment produces less sound compared to conventional vibratory equipment, leading to its augmented demand. Therefore, the increasing demand for sophisticated and new-age pile driving equipment will bolster the growth prospects of this market until the end of 2020.
Geographical segmentation and analysis of the pile driving equipment market
During 2015, APAC dominated the pile driving equipment market and is anticipated to reach more than USD 2 billion by 2020. Factors such as the
Market overview of roofing tiles
Technavio’s market research analysts have estimated the global roofing tiles market to witness impressive growth and will post a CAGR of almost 7% over the forecast period. With rapid growth in the residential construction sector, the market for roofing tiles is anticipated to have a positive outlook in the coming years. The increasing global sales of homes and construction of new buildings in developing countries like China, South Korea, and India, coupled with the increasing construction of skyscrapers worldwide are expected to drive the growth prospects of this market over the forecast period. Also, countries like the US, the UK, Germany, Australia, and Canada are investing substantially in the construction industry which will facilitate the growth of this market.
In this industry research report, the analysts have estimated factors such as the increasing replacement of traditional roofing material with modern materials to propel this market’s growth prospects over the next four years. Although the preference for traditional design in buildings is rising in the global construction industry, most construction companies are focusing on providing traditional appeal to buildings without using the conventional materials such as wood, stone, and clay in roofing. This has led to an increase in replacement of conventional roofing materials with modern materials like asbestos, as these materials provide the desired strength and protection, and spare the construction companies the inconvenience caused while using conventional materials.
Segmentation by type and analysis of the roofing tiles market
- Concrete tiles
- Clay tiles
During 2015, the clay tiles segment dominated the market and accounted for more than 52% of the market share in terms of revenue. Clay roofing tiles are popular in the construction of hotel due to
The construction sector plays a pivotal role in the economic progress of a country. It has many important connections with other key industries, creating investment opportunities across the entire economic spectrum.
Recently, the focus of global construction activity has shifted towards emerging markets like China, India, Russia, Turkey, Mexico, Chile, Brazil, and Qatar Urbanization and infrastructure development activities in these regions are intensifying. At the same time, economic powerhouses such as the US, the UK, and other established European nations continue to provide steady momentum to this sector. Technavio covers an extensive range of construction market topics that cover diverse regions and industry segments and subsegments.