Advances in Non-Residential Construction in Retail and Manufacturing Verticals

Posted by Deeksha on January 17th, 2019

Despite economic slowdown and recession prevalent across regions the global non-residential construction industry is likely to witness significant breakthroughs with novel growth scope in developing economies in Asia-Pacific region. Advances in various sectors such as retail, manufacturing and educational institutes besides others offer promising avenues in global non-residential construction industry. In its recent report addition titled, 'Non-Residential Construction Global Industry Guide 2013-2022' Market Research Hub (MRH) lends substantial information on recent market advances and their eventual implications on holistic growth route of non-residential construction industry.

High Pricing of Building Materials Accounted as Prime Growth Deterrents

Lingering shortage of skilled labor and continued high prices associated with building materials such as steel and aluminum have remained significant deterrents in global non-residential construction industry. However, leading market veterans are encouraged to bank upon ongoing advances in infrastructure development initiatives pertaining public buildings as well as transportation to harbor precedence amidst stiff competition. To remain industry specific and garner sustained revenue pools in a fast growing non-residential construction market global providers are significantly banking upon geographical expanse and cross-border projects to target expanded client base.

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 VINCI Bags New Non-Residential Construction Project Under NCI

In a significant development leading market player HEB Construction, a subsidiary of VINCI Construction has been appointed to spearhead an ambitious construction project under NCI Project to connect Northern Motorway and Upper Harbor Highway besides expanding the existing Northern bus way with additional 7 km stretch encompassing new route for cyclists and pedestrians as part of their development plan to include alternative commute system. With this vital development in place the global non-residential construction industry is likely to encounter novel growth scope besides positioning VINCI lucratively on the growth chart.

Research Scope: Non-Residential Construction Industry

This elaborate research report on non-residential construction industry encompasses substantial information on various micro and macro-economic factors that shape growth in global non-residential construction industry. The report enumerates vital details pertaining market drivers, restraints, threats, and challenges that impact growth, also lending crucial details on untapped market opportunities aimed at providing established market players and new entrants with ample competitive advantage as well as entry point barriers. Such details divulged in the report allow readers to decipher core inferences based on which market players can leverage lucrative business deals and investment decisions. In its subsequent sections this elaborate research report on global non-residential construction industry also houses details on regional scope focusing on major regional breakdown as well as a country wise analysis of major developments in global non-residential construction industry.

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Competition Deep-Dive: Non-Residential Construction Industry

Elaborate research postulates jotted in this section of the report allow readers to gain substantial insights on forerunners in non-residential construction industry. A comprehensive dashboard overview of market players complete with their market performance values in terms of value and volume allow readers to develop competitive strategies to harbor lead amidst stiffening competition landscape.