Future Outlook: More Industrial Construction Projects in America in Near Future : Ken Research - PowerPoint PPT Presentation

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Future Outlook: More Industrial Construction Projects in America in Near Future : Ken Research

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American construction industry will surpass china over next 15 years. For the growth in America’s construction industry, America’s southern states are the main contributor – PowerPoint PPT presentation

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Title: Future Outlook: More Industrial Construction Projects in America in Near Future : Ken Research


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Future Outlook More Industrial Construction
Projects in America in Near Future
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  • The US is second largest construction market
    worldwide with a market share of around 10
  • American construction industry will surpass China
    over the next 15 years.
  • Ken Research recently published a report on,
    Project Insight-Industrial Construction Projects
    in the Americas which discusses detailed
    analysis of construction projects, leading
    players, distribution channels and consumer
    trends. Additionally, the report sheds light on
    how the existing players can use this information
    to gain the competitive edge in the market. Major
    trends and drivers have also been covered,
    describing the market penetration and future
    potential of each product segment.

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  • The US is second largest construction market
    worldwide with a market share of around 10 and
    the largest US based construction firm is
    Bechtel. Within the US, New York has come up with
    most of new construction projects. Industrial
    construction comprises of mills and manufacturing
    plants, chemical and pharmaceutical plants,
    refineries, power generation, metal and material
    production plants and manufacturing plants. In
    developed countries, industrial construction
    contributes 6 to 9 of GDP. In industrial
    construction sector, at a time, there used to be
    many ongoing projects at various stages of
    development say operational projects, on hold
    projects etc.

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  • The timing and size of these projects influence
    market forecasts. Growth in industrial
    construction is expected to be 3 by the end of
    2016 and expected to follow an upward trend in
    the near future .These industrial construction
    projects lead to economic growth and long term
    benefits. During great recession, construction
    industry suffered due to lack of funds as excess
    funds that could be channeled into building
    projects dried up. The Americas accounted for USD
    541.6 billion of industrial construction
    projects, with the largest economy, the US,
    leading with projects valued at USD 297.0
    billion.

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  • Over the last years, China had been considered as
    the construction hub but according to estimates
    growth in American construction industry will
    surpass china over next 15 years. For the growth
    in Americas construction industry, Americas
    southern states are the main contributor. They
    are the engine for the growth of this sector.
    Estimates show that the three nations the US,
    India and China combined will contribute more
    than half of worlds construction output over the
    next two decades. This industrial construction is
    opening doors for employment opportunities
    everywhere.

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  • Key Topics Covered in the Report
  • Detailed analysis of American Industrial
    construction industry
  • Value and volume analysis for American Industrial
    construction industry
  • Historic and Forecast value analysis by category
  • Retail landscape and key distribution channels
  • Detailed profiles of leading retailers in America
  • Key issues and trends in the construction
    industry
  • Consumer trend framework
  • Analysis of mega-trends
  • Profiling of new projects launched in the
    American Industrial construction industry

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  • Source https//www.kenresearch.com/manufacturing-
    and-construction/infrastructure/project-insight-in
    dustrial-construction/23550-97.html
  •  Contact Ken ResearchAnkur
    Gupta, Head Marketing CommunicationsAnkur_at_kenre
    search.com91-9015378249

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