Manufacturing and Construction Market World

  Structural Insulated Panels Industry Overview The global structural insulated panels market size was valued at USD 11.17 billion in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 5.5% from 2021 to 2028. Favorable green building standards and regulations for the adoption of building insulation materials for lowering the overall energy consumption coupled with the growing investments in the development of cold chain infrastructure across the world are the key factors that are expected to drive the market. Structural insulated panels (SIPs) are expected to gain wide acceptance globally as they are lightweight, have a better external appearance, and can improve the thermal performance of buildings. In the U.S., as per the Federal Energy Policy Act 2005, a tax credit of up to USD 2,000 is provided for builders of new energy-efficient homes that are constructed as per the standards of Federal Manufactured Homes Construction and Safety Standards. Gather more ins...

  U.S. Resilient Flooring Industry Overview   The U.S. resilient flooring market size was valued at USD 21.04 billion in 2019 and is expected to grow at a compounded annual growth rate (CAGR) of 6.4% from 2020 to 2027. Rising awareness regarding insulation, owing to increasing energy costs and growing importance for energy conservation is expected to drive the market growth.   The surging demand for flooring in the construction industry and the demand for insulation are expected to boost industry growth. The increased availability of innovative construction solutions with attributes, such as low maintenance and high durability, is anticipated to impact the market favorably.   Gather more insights about the market drivers, restrains and growth of the  U.S. Resilient Flooring Market   The U.S. accounts for highest consumption in terms of volume. This can be attributed to the high penetration of the product in the residential sector, with an increasing number ...

    Lawn Mowers Industry Overview   The global lawn mowers market size was valued at USD 32.31 billion in 2023 and is anticipated to grow at a compound annual growth rate (CAGR) of 6.0% from 2023 to 2030. Increasing awareness of environmental concerns is leading to a demand for eco-friendly, electric, and battery-powered mowers, reducing reliance on traditional gas-powered models. Consumer preferences for low-maintenance, easy-to-use, and durable lawn mowers also play a pivotal role in shaping the market, with manufacturers focusing on developing products that align with these expectations to gain a competitive edge in the industry.   Moreover, with work from home, consumers have time to engage in activities like gardening, paving the way for the residential lawn mowers segment growth. In addition to this, households with increased disposable income have also increased consumer spending power, with demand for lawn maintenance activities on a rise. Gather more insight...

  Earthmoving Equipment Industry Overview   The global earthmoving equipment market size was valued at USD 58.92 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 6.2% from 2023 to 2030. Increasing infrastructure development activities in developing countries and a rise in commercial and industrial construction activities is the primary factor expected to drive the growth of the global earthmoving equipment market. Countries such as India, China, and Australia are focused on improving the present infrastructure by initiating multiple projects related to roadway development, airport development, etc. This increasing infrastructure development activities and industrial construction projects call for heavy earthmoving equipment, such as excavators, loaders, dump trucks, etc. This machinery aids in tasks such as foundation digging, land leveling, and the transportation of heavy materials providing contractors an edge to overcome limitations pertain...

  Baler Industry Overview The global baler market size was valued at USD 5.1 billion in 2019 and is expected to expand at a compound annual growth rate (CAGR) of 8.9% from 2020 to 2027. Balers are used for bailing hay and compressing raked and cut crop. Technological advancements in the agricultural industry aimed at improving the farm yield and fulfilling the increasing demand for food are driving the market. Additionally, a surge in demand for balers from the Asia Pacific region is expected to drive the market over the forecast period. The demand for balers is anticipated to gain momentum owing to the growing adoption of livestock farming across the globe. Rapid urbanization, rise in disposable incomes, and change in lifestyles and dietary habits are the factors responsible for globally growing livestock production. Agricultural balers play a crucial role in ensuring feed supply for livestock animals. Similarly, they provide added convenience to the farmers by aiding transportati...