Market Trends

Smart Building Market Expected to Reach $247.17 Billion by 2032
Market Overview Smart Building Market Expected to Reach $247.17 Billion by 2032

The smart building market is on a trajectory of significant growth, with projections indicating a rise from $78.28 billion in 2022 to $247.17 billion by 2032. This growth is driven by advancements in IoT, AI technologies, and supportive government initiatives. Smart buildings, characterized by the

November 14, 2024
Global Construction Chemicals Market Poised for Robust Growth by 2031
Market Overview Global Construction Chemicals Market Poised for Robust Growth by 2031

The construction chemicals market has garnered significant attention due to its crucial role in enhancing the durability and sustainability of construction projects. As the sector gears up for substantial growth, it is projected to continue its upward trajectory from a valuation of $27.74 billion

November 13, 2024
Is Paceline's New Build-to-Rent Project in Santa Fe a Game Changer?
Construction Management Is Paceline's New Build-to-Rent Project in Santa Fe a Game Changer?

Paceline Equity Partners has embarked on a significant new venture with the acquisition of 17 acres of land in Santa Fe, New Mexico, aimed at developing a 183-unit build-to-rent community. This project not only represents Paceline's first collaboration with Verdot Capital but also marks the

November 13, 2024
Can the U.S. Life Sciences Real Estate Sector Recover in 2024?
Market Overview Can the U.S. Life Sciences Real Estate Sector Recover in 2024?

The U.S. life sciences real estate sector entered 2024 in a state of significant disarray, characterized by a burst development bubble that has led to a high level of vacancy and declining rents. Over the past five years, the sector has faced a tumultuous period of rapid development that greatly

November 12, 2024
Dodge Momentum Index Drops 5% in October Despite Yearly Gains
Construction Management Dodge Momentum Index Drops 5% in October Despite Yearly Gains

The leading index for commercial real estate, as measured by the Dodge Momentum Index (DMI), saw a 5% decline in October 2024 from the preceding month, dropping to 197.2 from 208.2. Despite this monthly retreat, the DMI remains 13% higher than in October 2023, indicating strong year-over-year

November 11, 2024
3D Printing Construction Market to Hit $397.5 Billion by 2031
Market Overview 3D Printing Construction Market to Hit $397.5 Billion by 2031

The 3D printing construction market has been on an extraordinary growth trajectory, showcasing its potential to revolutionize the construction industry. Evaluated at USD 1.4 billion in 2019, the market is projected to skyrocket to USD 397.5 billion by 2031. This remarkable expansion is driven by

November 11, 2024
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