The global construction and infrastructure industry is rapidly evolving and showing new trends and developments. Once considered the least productive industry, is now advancing towards efficiency through automation, digitalisation, advanced materials etc. On the technology side, 3D printing, drones, robots, GPS tracking are some of the tools the industry has already started using in various capacities.
Technological advancement is to converge the construction industry with various other industries, resulting synergy and efficiency. This research anticipates some significant changes across the industry from a project design to the end of the project life.
Construction materials will also see some major trends and developments. In the developed world more advanced and pre-fabrications materials will be used, mainly driven by efforts towards sustainability and controlling pollution. However, the process of adoption will be less intensive in developing markets due to various reasons. Developing markets will lag behind in using advanced materials owing to the high costs and traditional building designs which is going to change but at a slow rate.
The emerging Asia is anticipated to achieve substantial growth over the next decade, including China, India, Indonesia, and the Philippines etc. Urbanisation, growing population and increasing labour force will underpin the demand growth.
Government spending on infrastructure is also rising. One Belt One Road (OBOR), Saudi Vision 2030 and $1 trillion US infrastructure are likely to be key drivers supporting demand for cement and concrete.
Some of the key questions this report address:
- What trends and developments the global construction industry will see over the next ten years?
- Which sections of the industry will be affected the most?
- What would be driving these major trends?
- What challenges will the construction industry face embracing?
- How is the global construction size going to evolve by major markets over the next ten years?
The report includes:
- The upcoming changes in the construction industry have been encompassed through the following aspects: technology, demography, environmental, materials, mega investment, and infrastructure
- Global coverage with data by country and region
- Comprehensive statistical appendices and all supportive data in Excel
- Supportive tables and charts
- Projections are based on both qualitative and quantitative forecast models
Why this analysis is robust and authoritative?
- Key stakeholders in the industry are constantly consulted and their views are incorporated in the analysis
- Quantitative and qualitative methods are employed to derive robust analysis
- All forecast data is also supported by proprietary quantitative forecast models
1. Executive Summary
2. Introduction and Methodology
2.1 Introduction and Definitions
2.2 Scope of Study
3.1 3D Printing
3.2 Building Information Modelling (BIM)
3.3 Cloud Applications
3.5 GPS Tracking
3.6 Robots and Autonomous Vehicles
4.2 Jobsite Security
5.1 Emissions and Waste
5.2 Smart Cities and Green Cities
6.1 Conventional to Advanced Materials
6.2 Material Costs
6.3 Offsite Construction
7. Mega Investment
7.1 Oil Prices
7.2 One Belt One Road (OBOR)
7.3 US Investment Plan
Appendix A: Construction market size by 68 countries ($ billions)
Appendix B: Selected list of major under construction skyscrapers with information about location, height, floors completion dates and use
Appendix C: Macroeconomic and demographic indicators for selected countries 2014-2028
Appendix D: Construction of new buildings: dwellings, residential and non-residential in selected countries
List of Tables
Table 4.1: List of countries with largest number of under construction skyscrapers and materials employed
Table 8.1: Competitiveness ranking in overall infrastructure by major markets
Table 8.2: Competitiveness ranking in transport infrastructure
List of Figures
Figure 1.1: Global construction share in GDP by major countries in 2017 and 2028 (% share)
Figure 1.2: Global construction market impact matrix
Figure 1.3: Impact of digital technology on the project lifecycle
Figure 4.1: Evolution of urban population by region 1950-2030 (% share)
Figure 4.2: Increment in urban population by major countries and regions 2014-2050 (millions)
Figure 4.3: Old age economic dependency ratio by region 1990-2030 (%)
Figure 5.1: Materials waste in building and construction industry by regional share (% share)
Figure 5.2: Market share of emission by major building materials during project lifecycle (% share)
Figure 6.1: Global materials market share by weight in the construction sector (% share)
Figure 6.2: Global composites materials market size 2017and 2028 ($ billions)
Figure 7.1: Risks and benefits by key OBOR countries
Figure 7.2: Brent Crude oil price forecast 2005-2028 ($/bbl)
Figure 8.1: Global energy projects pipeline by region 2017 ($ billions)
Figure 8.2: Global transport projects pipeline by region 2017 ($ billions)
Figure 8.3: Global installed energy capacity by type 2017 and 2030 (GW)
Figure 8.4: Global installed energy generation by type 2017 and 2030 (GW)