Manufacturing and Construction Market World

  The global   heavy construction equipment market   size was estimated at USD 204.41 billion in 2023 and is projected to reach USD 289.30 billion by 2030, growing at a CAGR of 5.2% from 2024 to 2030. Key drivers of growth in this market include continuous urbanization, population growth resulting in increased demand for housing solutions, and ongoing infrastructural enhancements in developing economies.   Additionally, the rise of fuel-efficient machinery and the growing development of high-rise buildings in developed countries are expected to boost demand for heavy construction equipment. The ongoing focus of various governments worldwide on modifying and developing new infrastructure such as bridges, road networks, ports, railroads, metros, and other key revenue-generating areas is contributing to the increasing demand for this market.   The growing inclination toward improving living standards is driving the necessity for enhanced sanitation and hygiene infr...

  The global   fire doors and partitions market   was valued at USD 4.5 billion in 2022 and is projected to reach USD 7.1 billion by 2030, growing at a compound annual growth rate (CAGR) of 6.0% from 2023 to 2030. The growth of this market is primarily driven by the increasing focus on fire safety regulations and standards, coupled with the rising demand for safety measures in residential, commercial, and industrial applications.   The awareness of fire hazards and the importance of life safety have spurred investments in fire protection solutions, including fire doors and partitions. Technological advancements in manufacturing processes and materials are also enhancing the overall efficiency and performance of fire doors, making them more attractive to builders and architects. Additionally, the expanding construction industry, particularly in emerging markets, is expected to further stimulate demand for these products.   Key Market Trends & Insights Regiona...

  The global   alumina trihydrate market   size was estimated at USD 3.59 billion in 2022 and is projected to reach USD 5.64 billion by 2030, growing at a CAGR of 5.6% from 2023 to 2030. This growth is primarily attributed to the rising product adoption from various end-use industries, such as plastics, automotive, construction, and chemical manufacturing.   Alumina trihydrate is utilized as a flame retardant in plastics and the construction industry for wires, cables, and building materials due to its excellent flame-retardant properties. Stringent environmental safety standards and regulations have increased the demand for non-toxic, safer flame retardants. Europe introduced the regulation on the registration, evaluation, authorization, and restriction of chemicals (REACH) regulation in 2007 to protect the environment and human health from chemical risks. This places responsibility on companies to provide safety and manage risks from potentially harmful substa...

  The global   artificial intelligence in construction market   was valued at approximately USD 2.93 billion in 2023 and is anticipated to reach USD 16.96 billion by 2030, growing at a CAGR of 26.9% from 2024 to 2030. This growth is fueled by the various advantages AI offers in the construction sector, including the prevention of cost overruns by forecasting budgets based on historical data and aiding in the development of predictive models aligned with project timelines. This efficiency renders mega-construction projects more cost-effective. Artificial intelligence (AI) also improves 3D model-based processes, lightening the workload for engineers, construction professionals, and architects. Additionally, it enhances project planning through robots that conduct 3D scans of construction sites, providing data that helps management tackle on-site issues. Another significant driver of this market is the enhanced risk control on job sites, which assures contractors and subcont...

  The global construction equipment rental market size is expected to reach   USD 280.13 billion by 2030 , registering a CAGR of 6.12% from 2023 to 2030, according to a new report by Grand View Research, Inc. Increasing government spending on infrastructure projects and rising Foreign Direct Investment (FDI) in the building sector for skyscrapers, motorways, bridges, and smart cities is driving the growth. The market for renting construction equipment is expanding as a result of ongoing technological advancements that result in modern construction tools that focus on projects and streamline the entire construction process. Small and medium-sized construction enterprises and contractors are encouraged to use rental construction equipment due to the higher total cost of ownership of modern construction equipment and machines. Additionally, construction equipment leasing offers a cost-effective substitute for purchasing for construction companies since it lowers the costs of owne...

  Data Center Cooling Industry Overview The global data center cooling market size was estimated at USD 18.65 billion in 2023 and is expected to grow at a compounded annual growth rate (CAGR) of 16.8% from 2024 to 2030. The increasing demand for energy-efficient data centers is anticipated to create lucrative growth opportunities for the market. Several key companies are preparing for the expansions. Moreover, the favorable growth prospects can be attributed to the rapid increase in data generation and the subsequent rise in the demand for data centers across the globe. Data centers consume a large amount of power, which generates a massive amount of heat, which creates the need for efficient cooling equipment. Gather more insights about the market drivers, restrains and growth of the  Data Center Cooling Market Furthermore, the growing popularity of OTT platforms and streaming services has led to a remarkable increase in data volumes; which is projected to fuel the demand. Th...