Technology & Equipment

Smart Building Market Soars with Tech Innovations by 2030
Technology & Equipment Smart Building Market Soars with Tech Innovations by 2030

The Smart Building Market's surge is driven by an increasing emphasis on sustainability and higher efficiency in construction. Estimated to jump from a notable value in 2022 to an even more significant one by 2030, the sector is accelerating at a striking Compound Annual Growth Rate. This boom

Europe's Push for Smarter Buildings with LIFE CET Projects
Technology & Equipment Europe's Push for Smarter Buildings with LIFE CET Projects

Europe is ushering in an era of dramatic change to modernize the interaction between buildings, their users, and the environment. With much of the continent's infrastructure steeped in history, it's imperative that renovations focus on improving energy efficiency to contribute to the goal of zero

How Will Smart Buildings Market Soar to $112.47B by 2028?
Technology & Equipment How Will Smart Buildings Market Soar to $112.47B by 2028?

The market for Smart Buildings, specifically within the nonresidential sector, is experiencing a remarkable expansion. According to The Business Research Company, there is an anticipated surge in valuation, with projections estimating the market to grow to $112.47 billion by 2028. This represents a

Sumitomo Corp Expands US Construction Business with TSR Buyout
Technology & Equipment Sumitomo Corp Expands US Construction Business with TSR Buyout

Sumitomo Corporation has strengthened its foothold in the U.S. construction equipment market with its subsidiary, Sunstate Equipment Co., acquiring Trench Shore Rentals, Inc. (TSR), a firm specialized in renting trench safety gear. This move highlights Sumitomo's strategy to tap into the expanding

How Will Intermat 2024 Shape the Future of Construction?
Technology & Equipment How Will Intermat 2024 Shape the Future of Construction?

As the construction industry gears up for Intermat 2024, scheduled for April 24-27 at Paris's Parc des Expositions de Villepinte, there's a palpable sense of anticipation for what is set to be a pivotal event. Rescheduled due to the pandemic, the expo represents an important milestone as over

How Is China's Market Shift Impacting Global Construction Sales?
Technology & Equipment How Is China's Market Shift Impacting Global Construction Sales?

During the pandemic, the construction equipment industry saw a surge in demand, driven by government stimulus measures. This boom resulted in a peak of 1.34 million units sold in 2021. However, the sector is currently experiencing a transition towards normalization and a focus on sustainability.

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