The Nonresidential Building Construction Market To Improve Its Performance


Posted February 21, 2019 by praneethtbrc

The nonresidential building construction market size is expected to grow during the forecast period to 2022. The growth in the nonresidential building construction market

 
The Business Research Company’s Nonresidential Building Construction global market report, covers the year-on-year growth of the global Nonresidential Building Construction market historic and forecast growth. It also includes chapters on the Nonresidential Building Construction market trends, geographical analysis, and competitive landscape.

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https://www.thebusinessresearchcompany.com/report/nonresidential-building-construction-global-market-report

The global nonresidential building construction market size is expected to grow during the forecast period to 2022.

Nonresidential Building Construction Market Trends

The non-residential building construction market consists of the sales revenues earned by entities (organizations, sole traders and partnerships) that construct non-residential buildings (including new work, additions, alterations, maintenance, and repairs). The establishments in this market include non-residential general contractors, non-residential for-sale builders, non-residential design-build firms, and non-residential project construction management firms. The non-residential building market includes new work, additions, alterations, maintenance, and repairs.

Building construction companies are increasingly using green construction techniques to build energy efficient buildings and reduce construction costs. Green construction refers to the practice of using sustainable building materials and construction processes to create energy-efficient buildings with minimal environmental impact. According to World Green Building Trends Survey 2015, about 51% of construction firms in the UK were involved in green construction projects. Certifications such as Leadership in Energy and Environmental Design (LEED) help construction companies to develop high-performance, sustainable residential and commercial buildings, and also offer a variety of benefits, from tax deductions to marketing opportunities. Sustainable construction materials such as natural paints and steel beams made from recycled material are being widely used in the UK. Other green construction techniques such as cross-ventilation for more natural environment, green construction software such as Construction Suite to ensure green compliance, and Green Globes management tool are also being used in the construction industry.

The global Nonresidential Building Construction market is primarily driven by emergence of building information systems for efficient building management, and other technological advances.

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The global Nonresidential Building Construction market report covers the following regions under the geographical analysis section: Asia Pacific, Western Europe, North America, Middle East, Africa, South America, and Eastern Europe. Major countries under each of these regions are also covered under the country analysis chapters.

With rising infrastructure due to increasing urbanization and growing population, the global Nonresidential Building Construction market is expected to increase in potential and scope. TBRC’s report also covers the Nonresidential Building Construction drivers and restraints in the market.

The global Nonresidential Building Construction market’s segment shares in each geographic region are mentioned in the report, along with the historic and forecast growth rates for each segment presented visually with supporting reasons to justify the growth rates.

The top companies included in the global Nonresidential Building Construction market report are Clark Construction Group, Turner Construction, Whiting-Turner Contracting, Balfour Beatty, and China State Construction Engineering Corporation.

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Issued By praneeth
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Categories Business , Construction
Tags commercial building , institutional buildings market , nonresidential building , nonresidential building construction market
Last Updated February 21, 2019