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Industry Insights
 

Impact of Climate Change on Construction Industry

Climate change and the construction industry are interconnected with climate impacting construction through weather conditions and increased demand for systems.

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Home Improvement Service Market

The rising demand for home remodeling, encompassing both residential and commercial properties, is expected to generate significant growth in the industry.

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Construction Investments Boost Solar Shading Systems Market

The global solar shading systems market sees growth due to technological progress and rising construction investments and is set to reach $21,348.2M by 2027.

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Chinese Firms Are Relocating Supply Chains Outside China

Chinese companies, facing geopolitical risks and rising costs, are following in the footsteps of Western nations to relocate their supply chains out of China.

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Infrastructure Investment Spurs Economic Growth in China

Chinese economy is to grow by 5.4% in 2023, as the Zero-COVID policy lifting and institutional reforms propel construction equipment sales market advancements.

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Public Housing Projects Drive Singapore Construction Market

Despite a forecasted slowdown in economic growth, the construction industry of Singapore is projected to thrive at 5.4%, driven by public housing projects.

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Australian Govt. Reviews Infrastructure Investment Program

Engineers Australia supports the review by the government of the Infrastructure Investment Program to ensure national value projects and reduce economic stress.

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Oldest Construction Examples Found In Saudi And Jordan

The oldest examples of construction plans in human history chiselled into ancient stones as old as 7000 and 8000 years have been unearthed by archaeologists.

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