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Future of the Residential Land Planning And Development Market: Strategic Analysis and Forecast to 2034
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.Residential Land Planning And Development Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
In recent times, the market size of residential land planning and development has seen substantial growth. The market, which is projected to escalate from $167.77 billion in 2024 up to $183.08 billion in 2025, is expected to trend at a compound annual growth rate (CAGR) of 9.1%. This growth during the historic phase can be linked to multiple factors including increase in population, economic development, environmental regulations, the rise in infrastructure development and evolving trends in the housing market.
Residential Land Planning And Development Market Size Forecast: What's the Projected Valuation by 2029?
In the coming years, projections are indicating substantial growth in the residential land planning and development market, with an expected valuation of $254.67 billion by 2029. This suggests a robust compound annual growth rate (CAGR) of 8.6%. The anticipated growth during the forecast period can be ascribed to sustainability and green campaigns, integration of technology, demand for affordable housing, an aging population, along with government policies and incentives. The forecast period will also witness major trends such as mixed-use developments, the integration of technology in urban planning and development, the rise of modular and prefabricated construction, increased community engagement and co-creation, and communities aimed at facilitating aging in place.
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What Are the Drivers Transforming the Residential Land Planning And Development Market?
The evolution of technology is anticipated to be a vital stimulant in the realm of residential land planning and development market over the foroming timeframe. Quickly evolving technology spheres encompass intelligent highways, 3D concrete printing, drone-assisted surveying, kinetic roads, compact houses, and solar pavements. The upsurge in technological enhancements implies a growing necessity for superior infrastructure, thereby generating a favorable influence on the expansion of the residential land planning and development market.
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What Long-Term Trends Will Define the Future of the Residential Land Planning And Development Market?
Augmented reality (AR) is increasingly being adopted in the residential land planning and development market to accelerate construction processes and reduce associated costs. Enhanced by computer-generated sensory inputs, AR supplements the real world by allowing a 3D model of a construction design to be interacted with in a realistic manner. These technological advances aid the construction sector by eliminating repeated work, enhancing quality, reducing labor expenses, adhering to deadlines, enhancing safety and customer satisfaction, facilitating collaboration, designing analysis, ensuring precision in measurement, managing construction projects, and presenting plans. Notable construction firms like McCarthy Building Companies, Mortensen Construction Companies, BNBuilders, Inc., and ISG, Global Construction Services Company have started leveraging AR technology.
Which Segments in the Residential Land Planning And Development Market Offer the Most Profit Potential?
The residential land planning and development market covered in this report is segmented -
1) By Type: Houses And Housing Estate Developments, Apartments And Other Residential Developments
2) By Service Provider: Large Chain Companies, Independent Contractors
3) By Construction: New Construction, Renovation
Subsegments:
1) By Houses And Housing Estate Developments: Single-Family Homes, Multi-Family Homes, Gated Communities
2) By Apartments And Other Residential Developments: Low-Rise Apartments, High-Rise Apartments, Condominiums, Mixed-Use Residential Developments
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Which Firms Dominate the Residential Land Planning And Development Market by Market Share and Revenue in 2025?
Major companies operating in the residential land planning and development market include China State Construction Engineering Corporation Ltd., Risesun Real Estate Development Co Ltd, Xiamen C&D, Eiffage SA, Greenland Holding Group, Shimizu Corporation, KB Home, Brookfield Asset Management, Jardine Matheson, Skanska Group, Bumo, Toll Brothers Inc., Lennar Corporation, D.R. Horton Inc., PulteGroup Inc., Meritage Homes Corporation, M/I Homes Inc., NVR Inc., Beazer Homes USA Inc., Hovnanian Enterprises Inc., The Ryland Group Inc., Standard Pacific Corp., William Lyon Homes Inc., AV Homes Inc., Century Communities Inc., LGI Homes Inc., Green Brick Partners Inc., TRI Pointe Group Inc., CalAtlantic Group Inc.
Which Regions Offer the Highest Growth Potential in the Residential Land Planning And Development Market?
Asia-Pacific was the largest region in the residential land planning and development market 2023. North America was the second-largest region in the residential land planning and development market. The regions covered in the residential land planning and development market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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