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Bosch’s futuristic driver’s cab has won the Bauma innovation award at the Bauma 2016 trade show, in Germany.
A new report from Timetric’s Construction Intelligence Center has identified four national markets as key growth regions for the construction industry to 2020.
Global construction output will reach US$10 trillion by 2020, driven by Asia-Pacific and emerging markets, according to a new report from Timetric’s Construction Intelligence Center.The Global Construction Outlook 2020 report forecasts that expansion will increase by an annual average of 3.4% from 2015 to 2020, leading to the overall market value growing from $8.5tr to $10tr. In the previous five years annual average growth was 2.4%, with output increasing from the 2010 total of $7.5tr.Emerging markets will account for more than half of the global construction output in 2020, rising to 51.9% from its 43.9% share in 2010, despite the annual average rate of growth slowing to 4.2%, from 5.2% in 2011-2015.Growth in the Asia-Pacific region is set to slow, due in part to the slowdown in China’s construction sector, exacerbated by a glut of new residential property being completed. However, the region will still account for the largest share of the global construction industry, with South-East Asia investing heavily in new infrastructure projects funded by private investment.Western European markets will continue to recover, the report states, although investor confidence is fragile due to ongoing troubles in the Eurozone, and the crisis involving Russia and Ukraine. The German construction industry will remain slow, due partly to the government’s focus on austerity.
The analysts at Timetric's Construction Intelligence Center look forward to what the construction industry across the world can expect in 2016.
The company’s team includes experts in design, engineering, project management, management consultancy, planning, economy, business strategy, infrastructure finance advice, public private partnerships, cost consultancy, low carbon and environmentalism, technology, safety, health and education, and development policy.
High-rise urban housing projects have undergone a renaissance in recent times – despite many failed projects from the 20th century that became associated with poverty, the latest generation of structures are designed for luxury.
Tall buildings of the future could be looking down as well as up, following a proposed concept from Luca Curci Architects to build ‘skyscrapers’ based on the sea bed.
The company serves the infrastructure, resources and property industries with services including construction, mining, engineering, concessions, and operation and maintenance.
Projects overseen by the company include bridges, spanning roads, valleys and water; planning and constructing commercial and industrial zones; conveyance and storage systems for the water industry; roads; urban development and regeneration; architecture; energy infrastructure; sports venues; railway links; tunneling; nuclear power; and many more.
Tall buildings of the future could be looking down as well as up, following a proposed concept from Luca Curci Architects to build ‘skyscrapers’ based on the sea bed.
After the Spanish housing construction market was severely damaged during the recession, the country’s crane manufacturers had to look abroad and expand their portfolios. Daniel Searle reports from Zaragoza.
The company is active in 80 countries and has designed, built and operated construction projects from public sector buildings and private sector buildings to transport infrastructure and energy and communication networks.The company has been in operation for more than 60 years and today employs a team of 53,500 people.
The company offers project planning, including cost and risk analysis, feasibility studies, logistics, impact assessments, and stakeholder engagement activity. It also designs intellectual capital - management systems and business processes; structures including office towers, schools, aircraft, bridges and highways; and advanced technology systems such as biometric scanners and superfast broadband networks.Atkins focuses on infrastructure projects, covering buildings, transport, information communications and security systems, and utilities such as energy and water. The company works for national and local governments as well as the commercial sector.
Big engineering and construction capital projects demand the use of sophisticated project management techniques as the basis for project planning and scheduling. Shane Forth, project management office director at Costain, shares his experiences.
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