According to the report, Green Building Will Continue to Grow is one of the primary growth factors for the market. Multi-Billion Dollar Federal and State Government Investment in Residential Infrastructure Projects
is also expected to contribute significantly to the Residential Construction market. Overall, applications of Residential Construction, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The Housing Type, such as Private, is boosting the Residential Construction market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Material Type, such as Concrete, is boosting the Residential Construction market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
AMAs Analyst on the Global Residential Construction market identified that the demand is rising in many different parts of the world as "The Various Government Housing Schemes to the Urban Poor
". Furthermore, some recent industry insights like "On 11 Sept. 2017, Majid Al Futtaim, the leading shopping mall, communities, retail, and leisure pioneer across the Middle East, Africa, and Asia announced plans to develop an all-new, mixed-use community in Dubai, at Cityscape Global 2017. The landmark community is set to become the company’s flagship lifestyle destination in the emirate by offering an unparalleled integrated living experience to both residents and visitors." is constantly making the industry dynamic.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Residential Construction market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Residential Construction market and other related sub-markets covered in the study.
o Key & emerging players in the market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall market size is calculated using market estimation process, the market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the market size has been validated using both top-down and bottom-up approaches.