Market Trends

Middle East Building Automation Market to Surge Through 2032 Driven by Urbanization
Technology & Equipment Middle East Building Automation Market to Surge Through 2032 Driven by Urbanization

The Middle East Building Automation Market is on the brink of significant growth, with projections indicating a rise from USD 6.68 billion in 2023 to USD 16.62 billion by 2032. This remarkable expansion, driven by a Compound Annual Growth Rate (CAGR) of 10.65%, is fueled by several key factors

How Can Tambour Paneling Make Your Walls Look More Luxurious?
Design & Architecture How Can Tambour Paneling Make Your Walls Look More Luxurious?

Tambour paneling, a wall treatment composed of wooden slats connected to create a continuous, flexible surface, is celebrated for its sleek, tactile, and contemporary aesthetic. This versatile paneling trend has seen a significant rise in recent months, capturing the interest of designers for its

Hurricanes Impact Nonresidential Construction Spending in October 2024
Construction Management Hurricanes Impact Nonresidential Construction Spending in October 2024

For the nonresidential construction sector, October 2024 marked a challenging period defined by a downward turn in spending, influenced by unexpected natural disasters. The Associated Builders and Contractors (ABC) conducted an analysis of recent U.S. Census Bureau data, revealing that

Phoenix Office Market Thrives Amid Slow Construction and High Investments
Construction Management Phoenix Office Market Thrives Amid Slow Construction and High Investments

The Phoenix office market, a prominent player in the real estate sector, has experienced a variety of trends and changes throughout the year, reflecting broader national patterns in office space development, investment, and usage. The year saw a palpable slowdown in construction activity within the

BtR Boom Challenges Traditional Student Housing in UK
Construction Management BtR Boom Challenges Traditional Student Housing in UK

With student occupancy in Build to Rent (BtR) properties reaching 40% in certain regions, the UK’s student housing market is witnessing an unprecedented transformation. This marks the first time that BtR developments have significantly impacted the supply of student accommodations, driven largely

Build-to-Rent Developments: A Partial Solution to Australia's Housing Crisis
Construction Management Build-to-Rent Developments: A Partial Solution to Australia's Housing Crisis

The rental housing crisis in Australia is a growing concern, with an increasing number of people struggling to find affordable and stable rental accommodations. In response to this pressing issue, the build-to-rent (BTR) sector has emerged as a significant player, promising to alleviate some of the

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