The worldwide construction industry is growing rapidly in the recent years. Construction industry reports analysis show that the increased per capita income in the emerging economies, overall growth in population and lower unemployment rates for advanced economies are some of the crucial reasons for the growth of the market.
According to construction market research, economic development commonly needs substantial investments in new constructions and expansions and improvements to the existing infrastructure. Meanwhile, in the developing economies, during the expansion phase there is growth in construction.
Residential/ non-residential builders, real- estate agents, contractors, heavy construction firms and engineering companies are the main sectors in the construction industry. JSB Construction market analysis, estimate that in short time, the global industry will be actively be driven by infrastructure, private housing and commercial construction undertakings.Read More..