TechNavio today launched its report Global Architectural Services Market 2011-2015 based on an in-depth study covering the Americas, and the EMEA and APAC regions. The report aims to aid decision makers’ understanding of the present and future landscape of the market.
Commenting on the report, an analyst from TechNavio’s Engineering team said; ”The increasing demand for green buildings is one of the major trends in the market. The Construction industry is one of the major industries that emit a large amount of greenhouse gases. Therefore, architectural service providers offer green building designs to reduce energy usage, water consumption, and carbon emission. Although the construction of green buildings is expensive, many construction companies prefer green buildings to gain an edge over competitors.”
According to the report, the growth of the Global Architectural Services market depends on the growth of the Global Construction industry. The Global Construction industry is expected to increase massively by 2016. Global gross domestic product (GDP) is growing at a steady rate, which in turn creates more opportunities for the Global Construction industry. Increasing investment by the Public sector in the Construction industry plays a major role in the growth of the market. Many governments are investing a large amount of money in the construction of institutional buildings such as schools, hospitals, and prisons.
Further, the report also discusses that the continuous decline in profit margin is one of the major challenges in the market.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key players. For further information on this report, please visit https://www.technavio.com/content/global-architectural-services-market-20…
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic reports on niche and emerging technologies. For more information on our Engineering reports, please visit https://www.technavio.com/engineering-software
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TechNavio Announces the Publication of its Report – Global Architectural Services Market 2011-2015
