Global Construction 4.0 Market Analysis By Application, Product Types And Regional Forecast To 2029

Market Overview:

The Global Construction 4.0 Market Is Expected To Grow At A Significant Growth Rate, And The Analysis Period Is 2022-2028, Considering The Base Year As 2021.

Construction 4.0 can be referred as an outcome of the fourth industrial revolution (IR 4.0) which was introduced when IR 4.0 attracted the construction industry leader's attention by utilizing modern technologies and digital tools for various purposes like collaboration, coordination, and communication with a goal to deliver a sustainably built environment. Such view of transformation towards a greater level of digitalization in the construction has led to a new concept called as Construction 4.0.

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Market Dynamics
Driver:
Global residential and commercial building activity is on the rise as a result of the growing urban population, which is what is driving the development of the construction 4.0 market. For instance, the total capital investment in building in Canada increased by 12% between May 2020 and June 2020, according to a study on the country's economy published in August 2020. Construction 4.0 market expansion is predicted to be fueled by such an increase in spending on construction-related activities. Additionally, the market is being fueled by the expansion of highway and new road development in developing nations like Brazil, India, and others.

Opportunities:
IoT, big data, DevOps, and other technologies are some of the ones that are heavily used in the construction business, according to trend. A number of major companies, including Autodesk Inc., Oracle Corporation, and others, provide construction management software. For instance, Autodesk Inc. introduced a new version of its Autodesk construction cloud in September 2020. Navisworks and BIM 360 model are two examples of the technology used to run this construction software. By avoiding repeating tasks at construction sites, this programme helps to reduce schedule risk, maintain accuracy, and save time. Additionally, it is projected that greater consumer knowledge of IoT, BIM, and other construction technologies would present profitable chances for the development of the construction 4.0 market trends.

Key Chapter Will Be Provided In The Report
•Patent Analysis
•Regulatory Framework
•Technology Roadmap
•BCG Matrix
•Heat Map Analysis
•Price Trend Analysis
•Investment Analysis
•Company Profiling and Competitive Positioning
•Industry Value Chain Analysis
•Market Dynamics and Factors
•Porter's Five Forces Analysis
•Pestle Analysis
•SWOT Analysis

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Market Segmentation
By Solution
•Hardware
•Software
•Services

By Technology
•IoT
•Artificial Intelligence (AI)
•Automated & Robotic Equipment
•Others

By Application
•Asset Monitoring
•Predictive Maintenance
•Fleet Management
•Others

By End User
•Residential
•Non-residential

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Regional Analysis Of Construction 4.0 Market

The market within North America region is the most dominant when it comes to Global Construction 4.0 by holding the largest share in past few years. In year 2020 the entire construction industry operating in North America was valued at USD 2 trillion and in respect of Construction 4.0 technologies the region covers more than one-fourth of the total market share. North America is also growing at a significant rate owning to constant advancements in technologies, Large capital along with the financial support from the country's respective government and most important the growing demand for infrastructural development going on in the developed economies residing in North America.
•North America (U.S., Canada, Mexico)
•Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
•Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
•Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
•South America (Brazil, Argentina, Rest of SA

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Key Players For The Global Construction 4.0 Market:
•ABB Ltd (Switzerland)
•Autodesk Inc (US)
•HMS Networks (Sweden)
•Oracle Corporation (US)
•Hexagon AB (Sweden)
•CalAmp (US)
•Topcon Corporation (Japan)
•Hilti Corp (Liechtenstein)
•Trimble Inc. (US)
•Arkance Systems (France)
•Brickeye (Canada) and Other Key Players

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Key Industry Developments in the Global Construction 4.0 Market

In March 2022, Autodesk, Inc. launched Bridge, a new collaboration capability that empowers construction teams with the facility to share only relevant data with project stakeholders, whether they are on the same team or building project within Autodesk Construction Cloud. The latest Bridge gives teams control over their respective project data sets by allowing them to share select sheets, folders and files with collaborators without having to share all project information with them.

In August 2022, Arkance (A subsidiary of MONNOYEUR) acquired HungaroCAD, a major player in the digitalization of Building Construction and Manufacturing industries based in Hungary. Arkance with the acquisition completes its portfolio of solutions and further strengthens its position in the distribution of CAD and BIM technologies across countries of Europe and Turkey. Arkance Systems has its position within Europe as a Platinum Autodesk partner with its presence in Benelux, France, Poland, Czech Republic, Slovakia, Turkey, Finland and Hungary.

Table of Content:

Chapter 1: Introduction
 1.1 Research Objectives
 1.2 Research Methodology
 1.3 Research Process
 1.4 Scope and Coverage
  1.4.1 Market Definition
  1.4.2 Key Questions Answered
 1.5 Market Segmentation
Chapter 2:Executive Summary
Chapter 3:Growth Opportunities By Segment
 3.1 By Solution
 3.2 By Technology
 3.3 By Application
 3.4 By End User
Chapter 4: Market Landscape
 4.1 Porter's Five Forces Analysis
  4.1.1 Bargaining Power of Supplier
  4.1.2 Threat of New Entrants
  4.1.3 Threat of Substitutes
  4.1.4 Competitive Rivalry
  4.1.5 Bargaining Power Among Buyers
 4.2 Industry Value Chain Analysis
 4.3 Market Dynamics
  4.3.1 Drivers
  4.3.2 Restraints
  4.3.3 Opportunities
  4.5.4 Challenges
 4.4 Pestle Analysis
 4.5 Technological Roadmap
 4.6 Regulatory Landscape
 4.7 SWOT Analysis
 4.8 Price Trend Analysis
 4.9 Patent Analysis
 4.10 Analysis of the Impact of Covid-19
  4.10.1 Impact on the Overall Market
  4.10.2 Impact on the Supply Chain
  4.10.3 Impact on the Key Manufacturers
  4.10.4 Impact on the Pricing
Chapter 5: Costruction 4.0 Market by Solution
 5.1 Costruction 4.0 Market Overview Snapshot and Growth Engine
 5.2 Costruction 4.0 Market Overview
 5.3 Hardware
  5.3.1 Introduction and Market Overview
  5.3.2 Historic and Forecasted Market Size (2016-2028F)
  5.3.3 Key Market Trends, Growth Factors and Opportunities
  5.3.4 Hardware: Geographic Segmentation
 5.4 Software
  5.4.1 Introduction and Market Overview
  5.4.2 Historic and Forecasted Market Size (2016-2028F)
  5.4.3 Key Market Trends, Growth Factors and Opportunities
  5.4.4 Software: Geographic Segmentation
 5.5 Services
  5.5.1 Introduction and Market Overview
  5.5.2 Historic and Forecasted Market Size (2016-2028F)
  5.5.3 Key Market Trends, Growth Factors and Opportunities
  5.5.4 Services: Geographic Segmentation
To Be Continued.

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