Construction Products Market: Recent Industry Developments and Growth Strategies Adopted by Players

With global population expected to reach 9.8 billion by 2050 and two out of three people predicted to be living in urban areas according to the United Nations, construction is seeing greater demand than ever before. With the increase in population, more people are shifting to cities and this is increasing the congestion in urban regions. Hence, construction of residential units with sustainable and efficient solutions (products) has become highly important. Construction products is a broad category and includes equipment, raw materials etc. With rapid growth in construction industry worldwide, demand for construction products is anticipated to mount at a considerable rate.

The global construction products market is expected to witness steady growth in the near future. Rapid growth in middle class population due to increase in disposable income has led to a surge in construction of housing units and other residential activities. This has led to the increase in demand for construction products. Rising environmental concerns have led to growth in demand for sustainable infrastructure by adoption of eco – friendly construction materials which in turn is driving the growth of the construction products market.

Additionally, government initiatives to increase the number of smart cities globally are also impacting the growth of the construction products market. Increased demand for public services such as public transport, road networks, drainage and sewage systems etc. is also enhancing the growth of the market. However, uncertain macro-economic conditions such as material crisis, price fluctuation of construction products, government instability in specific countries etc. are some of the key factors that restraint the growth of the construction products market. Increase in the number of mergers & acquisitions and collaborations of overseas based companies with local companies to cover untapped markets are key opportunities for growth of the construction products market.

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One of the prominent trends emerging in the global construction products market is adoption of advanced technologies to increase efficiency. Application of new technologies and materials is helping to increase the productivity in the construction industry. Prefabricated modular building blocks, high-performance concrete, durable bricks, condensed silica fume, mineral admixtures, and high-volume fly ash concrete are some of the examples of technologically advanced construction products. Usage of drones, virtual reality, augmented reality, BIM, and project management are revolutionizing the construction products market.

The global construction products market can be segmented on the basis of product type, end-use application, and geography. Based on product type, the construction products market can be segmented into equipment and other products. Equipment can be further sub segmented into light and heavy equipment. Examples of light equipment includes machinery for concrete mixing, compaction, dewatering, heating, sanding and grinding, welding and drilling etc. whereas heavy machinery includes earthmoving, material handling, heavy construction vehicles etc.

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Construction products include cement, concrete bricks, metals, construction aggregates, and other associated materials. According to end-use application, the construction products market can be segmented into industrial, residential, and commercial construction. In terms of geography, the construction products market can be segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America. Asia Pacific region is acquiring a major market share in terms of application of construction products due to growth of the construction industry in China, India, and many Southeast Asian countries. However, in terms of application of technology, the Middle East, U.S. and Europe acquiring major market share.

Some of the prominent players operating in the global construction products market include LafargeHolcim, HeidelbergCement, China National Building Material Company, CEMEX, Aditya Birla Group, OKUTAMA KOGYO, James Hardie Building Products, Ambuja Cements, DALMIA BHARAT, Vulcan Materials, Cementir Holding, Shandong Shanshui Cement Group (Sunnsy), China Resources Cement Holdings, Athabasca Minerals, Beijing Jinyu Group etc. These players compete with each other with respect to technological advancements, new product designs, etc. in order to have a competitive edge in the market.

Internet of Things Testing Market: Latest Trends and Forecast Analysis up to 2025

The Internet of things (IoT) represents a giant network of interconnected devices or things that are embedded in the existing internet infrastructure. These things can include a variety of objects such as electronics devices, vehicles, equipment, sensors, and consumer appliances. The concept may signify the sharing of data and information with people and animals connected to the infrastructure in near-real time. The proliferation of connected devices and the soaring popularity of IoT among enterprises in developed and developing nations have led to the pressing need for Internet of Things testing mechanisms. Developing an effective IoT testing mechanism foregrounds evaluating key aspects such as compatibility and usability of the interconnected devices, security of the network, the connectivity, and overall performance of the system. Furthermore, enterprises implementing IoT should take into account the integration of new devices and technologies with the existing network. A number

Low Power Display Market: Projection of Each Major Segment over the Forecast Period 2017 - 2025

Low power display technology is treated separately from our modern world. High resolution displays with low power are considered by many consumers to represent the low power display technology. The development in optoelectronics and nanotechnology has changed the low power display market . The low power display market consumes of less power than plasma technologies and cathode ray tube (CRT). Low-power features have become essential for liquid crystal displays (LCDs) due to environmental concerns. The technology that saves energy by decreasing the power consumption of the backlight unit in a display panel is considered in in low power display technology. A low refresh-rate technology was introduced in order to further minimize power consumption in the display panel. The low refresh-rate was achieved by employing oxide thin-film transistors (Ox-TFTs) with extremely low leakage currents. However, flicker may be visible due to the current leakage through the liquid crystal (LC

Noise Suppression Components Market: Granular View of The Market from Various End-Use Segments

Noise suppression refers to the methods of reducing and eliminating the effects of unwanted and undesirable sound effects and electrical disturbances which occurs when the level of signal carrier is greater than the noise level. Noise causes intrusion in many electrical devices. However, there are rules to suppress noise, because noise which does not affect a particular electrical device may affect some other electrical device. Further, an electronic device is known as ‘emission’ if it is itself the source of unwanted noise and it is referred to as immunity if the concerned electronic device is the victim of unwanted noise. Electromagnetic interference (EMI) and electromagnetic compatibility (EMC) has made the issue of noise suppression important. Some of the examples of noise suppression components are electromagnetic interference suppression filter which is an electronic component which provides electromagnetic noise suppression techniques for electronic goods. The function of the e

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