Global Construction 4.0 Market Size study, by Solution (Hardware, Software, Services), by Technology (IoT, Artificial Intelligence, Industrial Robots, Others), by Application (Asset Monitoring, Predictive Maintenance, Fleet Management, Wearables, Others), by End-User (Residential, Non-residential) and Regional Forecasts 2020-2027 , Covid 19 Outbreak Impact research report added by Report Ocean, is an in-depth analysis of market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider Construction 4.0 market, and compares it with other markets., market definition, regional market opportunity, sales and revenue by region, manufacturing cost analysis, Industrial Chain, market effect factors analysis, Construction 4.0 market size forecast, market data & Graphs and Statistics, Tables, Bar &Pie Charts, and many more for business intelligence. Get complete Report (Including Full TOC, 100+ Data Tables & Figures, and Chart). – In-depth Analysis Pre & Post COVID-19 Market Outbreak Impact Analysis & Situation by Region
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Global Construction 4.0 Market is valued at approximately USD 9.8 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 18.3% over the forecast period 2020-2027. The constructors present in the world are aiming to bring some advanced and innovative technologies in their construction operations to improve efficiency and productivity, due to which the market is gaining massive traction over the recent years. Using a variety of automated technologies, such as IoT, artificial intelligence, machine control, which automatically modifies heavy construction equipment and machineries to perfectly grade, drill or pile large areas. The advanced technologies are mainly used in the construction sector to streamline processes, increase workers safety, and reduce waste, which leads to save time and money. Therefore, the demand for Construction 4.0 is significantly rising all over the world. Furthermore, the growing construction industry due to rapid urbanization in developing countries, along with the increasing productivity and safety with the advent of IoT on the construction site are the few factors responsible for the high CAGR of the market during the forecast period. According to the survey of the International Construction Market, in 2017, the construction industry across the globe was estimated nearly 3.5% and grew to almost 3.9% in 2018. Similarly, as per the European Construction Industry Federation (FIEC) 2017, it is valued that construction activity in overall Europe rose by almost 2.2% in 2016 (that reached nearly USD 1,418 billion), as compared to figure of 2015, which holds almost USD 1385 billion. This, in turn, is expected to leverage high growth prospect for the overall market. However, the high initial cost of deploying advanced technology in construction equipment impedes the growth of the market over the forecast period of 2020-2027.
The regional analysis of the global Construction 4.0 market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the rising investment in infrastructure and construction projects, along with the presence of a large number of market players in the region. Whereas, Asia-Pacific is anticipated to exhibit the highest growth rate / CAGR over the forecast period 2020-2027. Factors such as rising construction projects in the countries and increasing digitalization would create lucrative growth prospects for the construction 4.0 market across Asia-Pacific region.
Major market player included in this report are:
- ABB Ltd.
- Advanced Opto-Mechanical Systems and Technologies Inc.
- Autodesk, Inc.
- Hexagon AB
- Hilti Corp.
- Mitsubishi Electric Corp.
- Oracle Corporation
- Topcon Corp.
- Trimble Inc.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
- Artificial Intelligence
- Industrial Robots
- Asset Monitoring
- Predictive Maintenance
- Fleet Management
A combination of factors, including COVID-19 containment situation, end-use market recovery & Recovery Timeline of 2020/ 2021
Market Behavior/ Level of Risk and Opportunity
End Industry Behavior/ Opportunity Assessment
Expected Industry Recovery Timeline
Business Impact Horizon
Opening of Economy by Q3 2020
Recovery – Opening of Economy extended till Q4 2020 / Q1 2021
A systematic step framework for How to Tackle The Situation… “MITIGATE” | “SUSTAIN” | “GROW”: Business Strategy Recovery, Scenario and Planning
Economic Consequences of the COVID-19 Outbreak on Market: The Study Explore COVID 19 Outbreak Impact Analysis & Conclusion by Economic Impact & Risk Factors
- What should be entry strategies, countermeasures to economic impact, and marketing channels?
- What are market dynamics?
- What are challenges and opportunities?
- What is economic impact on market?
- What is current market status? What’s market competition in this industry, both company, and country wise? What’s market analysis by taking applications and types in consideration?
Geographical Breakdown: The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the impact and recovery path of Covid 19 for all regions, key developed countries and major emerging markets.
Countries: Argentina; Australia; Austria; Belgium; Brazil; Canada; Chile; China; Colombia; Czech Republic; Denmark; Egypt; Finland; France; Germany; Hong Kong; India; Indonesia; Ireland; Israel; Italy; Japan; Malaysia; Mexico; Netherlands; New Zealand; Nigeria; Norway; Peru; Philippines; Poland; Portugal; Romania; Russia; Saudi Arabia; Singapore; South Africa; South Korea; Spain; Sweden; Switzerland; Thailand; Turkey; UAE; UK; USA; Venezuela; Vietnam
In-Depth Qualitative COVID 19 Outbreak Impact Analysis Include Identification And Investigation Of The Following Aspects:
The research includes the key strategic activities such as R&D plans, M&A completed, agreements, new launches, collaborations, partnerships & (JV) Joint ventures, and regional growth of the key competitors operating in the market at global and regional scale.
Key Market Features in COVID-19 Outbreak:
The report highlights market features, including revenue, weighted average regional price, capacity utilization rate, production rate, gross margins, consumption, import & export, supply & demand, cost bench-marking, market share, CAGR, and gross margin.
Market Highlights & Approach
The report provides the rigorously studied and evaluated data of the top industry players and their scope in the market by means of several analytical tools. The analytical tools such as Porters five forces analysis, feasibility study, SWOT analysis, and ROI analysis have been practiced reviewing the growth of the key players operating in the market.
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Key questions answered: Study Explore COVID 19 Outbreak Impact Analysis
– Detailed Overview of market helps deliver clients and businesses making strategies.
– Influential factors that are thriving demand and constraints in the market.
– What is the market concentration? Is it fragmented or highly concentrated?
– What trends, challenges and barriers will impact the development and sizing of market?
– SWOT Analysis of each key players mentioned along with its company profile with the help of Porter’s five forces tool mechanism to compliment the same.
– What growth momentum or acceleration market carries during the forecast period?
– Which region is going to tap highest market share in future?
– What Application/end-user category or Product Type may see incremental growth prospects?
– What would be the market share of key countries like United States, France, UK, Germany, Italy, Canada, Australia, Japan, China or Brazil etc.?
– What focused approach and constraints are holding the market tight?
– What impact of COVID-19 lockdown on consumers’ awareness, behavior, and attitudes?
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Key Points Covered in Construction 4.0 Market Report:
Table of Contents
List of Figures
List of Tables
Segmentation By Geography
Construction 4.0 Market Characteristics
Supply Chain And Key Participants
Construction 4.0 Market Size And Growth
Historic Market Growth, Value ($ Billion)
Drivers Of The Market
Restraints On The Market
Forecast Market Growth, Value ($ Billion)
Construction 4.0 Global Market PESTEL Analysis by Political, Economic, Social, Technological, Environmental, Legal
Construction 4.0 Customer Information
Brand Experience And Customer Support Influence Purchasing Decision
Construction 4.0 Market, Regional And Country Analysis
Global Construction 4.0 Market, , By Region, Value ($ Billion)
Global Construction 4.0 Manufacturing Market, Historic And Forecast, Segmentation
Construction 4.0 Market Overview
Global Construction 4.0 Market Top Opportunities By Segment
Global Construction 4.0 Market Top Opportunities By Country
Global Construction 4.0 Market Strategies
Strategies based on market trends
Strategies Adopted By Leading Competitors
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