Join today and have your say! It’s FREE!

We will not release or resell your information to third parties without your permission.

Please Try Again

By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

Please Try Again

Password Hint : {{passwordHint}}

Remember me

Bullboard - Stock Discussion Forum Mitsubishi Electric Ord Shs MIELF

Industrials

Mitsubishi Electric Corporation is a Japan-based company engaged in the comprehensive electric business. The Company operates in six business segments. Heavy Electrical Systems segment provides turbine generators, large video display devices, as well as elevators. Industrial Mechatronics segment conducts factory automation (FA) system business and automotive equipment business. The segment... see more

Add To Watchlist

PINL:MIELF - Post Discussion

Mitsubishi Electric Ord Shs > Construction 4.0 Market Outlook 2024-2032

View:

Post by ivosmith on Dec 14, 2023 7:34am

Construction 4.0 Market Outlook 2024-2032

According to the latest research report, the global construction 4.0 market size reached US$ 16.2 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 56.6 Billion by 2032, exhibiting a growth rate (CAGR) of 14.58% during 2024-2032.

Construction 4.0 Market Trends and Drivers:

The market is currently experiencing growth due to the increasing adoption of advanced technologies, including building information modeling (BIM) and data analytics. BIM, in particular, is playing a significant role by offering a comprehensive digital representation of construction projects, facilitating improved planning, coordination, and visualization. It optimizes resource allocation, reduces errors, and enhances overall project efficiency. Simultaneously, data analytics is providing valuable insights into project performance, enabling stakeholders to make informed decisions and mitigate risks. Stakeholders in the construction industry are actively pursuing enhanced operational efficiency and cost-effective solutions. Consequently, these technologies are actively contributing to streamlining project timelines and reducing overall business costs.

Request a free sample copy of the report: https://www.imarcgroup.com/construction-4-0-market/requestsample