Press release
Architectural Services Market 2020-2025 Productivity Data Analysis by Key Players - Gensler, AECOM, AEDAS, IBI Group Inc, HDR Architects,
Architectural Services Market
The growing demand for Architectural Services has provided a major boost to the Global Architectural Services Market as more people are shifting their preferences to this growing sector. The market is expected to keep rising at a high CAGR and reach values of high millions by the end of the forecast period of 2020 up to 2024.
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Increasing investments in construction market and substantial increase in demand for design services are anticipated to drive the market growth. Moreover, gradual shifting of architectural industry towards consultancy service industry is expected to impact the architectural services market. The market for urban planning services is anticipated to grow at a high rate, owing to increasing demand in smart city projects, waste management services and infrastructure development projects by various governments.
The global Architectural Services Market is primarily segmented based on Product Type, Application, End-Use Industry and Regions.
Based on Product Type, the market is divided into:
1 Construction and Project Management Services
2 Engineering services, Interior Design Services
3 Urban Planning Services
On the basis of End Use Industry, the market is split into:
1 Education
2 Government
3 Healthcare
4 Hospitality
5 Industrial
architectural services can be segmented into education, government, healthcare, hospitality, industrial, residential, and retail. Residential segment constitutes larger share the demand for residential architecture design is expected to increase over the forecast period, also government is investing in providing better housing to their citizens which is further expected to boost market growth.
Objectives of the Study
To describe and forecast the global Architectural Services Market on the basis of Product Type, industry verticals, Channel and regions.
To forecast the Architectural Services Market size of the five main regional segments, namely North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and Latin America.
To strategically analyzesubsegments with respect to individual growth trends, future prospects, and contribution to the total market.
To provide detailed information regarding the major factors influencing the growth of the Architectural Services Market (drivers, restraints, opportunities, and challenges).
To analyze the opportunities in the market for stakeholders and to provide details of competitive landscape for major players.
To strategically profile key players and comprehensively analyze their core competencies and positioning.
To track and analyze competitive developments such as mergers and acquisitions, new product developments, and partnerships, agreements & collaborations in the Architectural Services Market.
Some of the Architectural Services Market manufacturers involved in the market are Gensler, AECOM, AEDAS, IBI Group Inc, HDR Architects, Acquisitions and effective mergers are some of the strategies adopted by the Architectural Services Market manufacturers. New product launches and continuous technological innovations are the Architectural Services Market strategies adopted by the major players.
Latest Industry Updates:
Gensler:- The Dallas County Records Building, 1700 McKinney, and the Frisco Public Library are just a few local landmarks highlighted in an online coloring book designed by Texas architects and designers. Today, Gensler's Texas offices released a coloring book series, titled "Amazing Cities," a free activity aimed to provide a peek into the architectural process while also serving as a creative escape and inspiration for kids, students and coloring aficionados alike.
"In the wake of recent COVID-19 events, we've been channeling our creative energy into finding a way to educate and inspire people of all ages during these challenging times," said Gerardo Gandy, Associate AIA, AIGA, at Gensler, who spearheaded the idea for the series. "We hope this series allows the public, especially young minds, to use their creativity and imagination, and that it extends the spirit of our firm and the passion that we share for our practice to our friends, clients, and community."
Other cities highlighted in the books include Austin, Houston, and San Antonio The coloring book series is available for free download in two volumes: "Amazing Cities" and "Amazing Cities Kids," which together, feature nearly 200 pages of Gensler projects, designs, and sketches. Each volume can be downloaded digitally for paperless coloring on a phone, laptop or tablet. A printable option is also available; however, the firm encourages printing only the pages you intend to color to conserve paper.
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Asia Pacific was a prominent market for Architectural Servicess in 2016. Among the countries in Asia Pacific, the demand was substantially high in developing countries such as China and India. These countries have been witnessing rapid increase in its population along with expansion of their overall economies, which has led to increase in disposable income. Increased spending on home interiors is fuelling the Architectural Services market in Asia Pacific.
There are several manufacturers of Architectural Servicess in Europe and North America. In North America, the demand for Architectural Servicess is primarily driven by the residential sector. Improved standards of living and rising usage of Architectural Servicess for flooring purpose are anticipated to drive the market in North America.
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Table of Contents:
Global Architectural Services Market Report 2020
1 Architectural Services Definition
2 Global Architectural Services Market Major Player Share and Market Overview
3 Major Player Architectural Services Business Introduction
4 Global Architectural Services Market Segmentation (Region Level)
5 Global Architectural Services Market Segmentation (Product Type Level)
6 Global Architectural Services Market Segmentation (Industry Level)
7 Global Architectural Services Market Segmentation (Channel Level)
8 Architectural Services Market Forecast 2020-2024
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