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Apartments And Other Residential Developments Market Size, Growth Analysis, Share, Key Trends And Forecast To 2033

Apartments And Other Residential Developments Market Size, Growth Analysis, Share, Key Trends And Forecast To 2033

 

 
The new report published by The Business Research Company, titled "Apartments And Other Residential Developments Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.

As per the report, the apartments and other residential developments market size has grown rapidly in recent years. It will grow from $72.39 billion in 2023 to $81.19 billion in 2024 at a compound annual growth rate (CAGR) of 12.1%. The apartments and other residential developments market size is expected to see rapid growth in the next few years. It will grow to $127.46 billion in 2028 at a compound annual growth rate (CAGR) of 11.9%.

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The Surge In Construction And Housing Industries Fueling Growth In Apartment And Residential Development Markets
The rise in the construction and housing industries is expected to propel the growth of the apartment and other residential development markets. The construction and housing industries have seen a surge, owing to a combination of variables like population growth, urbanization, and economic development. This demographic shift has resulted in an increase in the development of apartments and other residential construction. For instance, in June 2021, according to the Stats NZ Tauranga Aotearoa, a New Zealand-based government data agency, building activities increased by 3.7% in March 2021. Further, in 2021, residential activities rose by 4.3%. Additionally, according to US Census Bureau, the value of construction activities increased from $1,626.4 billion in 2021 to $1,792.9 billion in 2022 with a growth rate of 10.2%. Therefore, an increasing demand for the rise in the construction and housing industries is driving the growth of the apartment and other residential development market.

Embracing 3D Printing Technology In The Evolving Landscape Of Apartment And Residential Development Markets
Technological advancements are a key trend gaining popularity in the apartment and other residential development markets. Companies operating in the apartment and other residential developments market are adopting new technologies, such as 3D printing, to sustain their position in the market. 3D printing refers to the use of additive manufacturing techniques to generate three-dimensional items and structures for building applications. For instance, in April 2021, Tvasta Manufacturing Solutions Pvt. Ltd., an Indian-based construction company, launched India's first 3D-printed house. Tvasta's 'Concrete 3D Printing' is an automated manufacturing technique to create three-dimensional real-life structures. This method saves 30% on construction costs and has several advantages, including a reduction in overall construction costs by order of magnitude, a reduction in construction time, a reduction in associated carbon footprint, an increase in productivity, and the use of environmentally friendly materials.

The apartments and other residential developments market covered in this report is segmented -
1) By Type: Houses And Housing Estate Developments, Apartments, Other Residential Developments
2) By Service: Large Chain Companies, Independent Contractors
3) By Sales Type: New Construction, Renovation

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Major companies operating in the apartments and other residential developments market report are CBRE Group Inc., Brookfield Asset Management, Anywhere Real Estate Inc., Delhi Land & Finance Limited, Simon Property Group LP, New World Development Company Limited, IJM Corporation Berhad, Lennar Corporation, Pultegroup Inc., Raubex Group Limited, Sun Hung Kai Properties Limited, Mill Creek Residential Trust LLC, Trammell Crow Company, JPI Companies, Vinci SA, Greystar Real Estate Partners LLC, AvalonBay Communities Inc., Equity Residential, Bozzuto Group, Essex Property Trust Inc., UDR Inc., Camden Property Trust, Gables Residential Trust, Mid-America Apartment Communities Inc., Cortland Partners LLC, Alliance Residential Company, Lincoln Property Company, Berkshire Residential Investments, Related Companies LP, Apartment Investment and Management Company, BRE Properties Inc. .

Contents of the report:
1. Executive Summary
2. Apartments And Other Residential Developments Market Report Structure
3. Apartments And Other Residential Developments Market Trends And Strategies
4. Apartments And Other Residential Developments Market - Macro Economic Scenario
5. Apartments And Other Residential Developments Market Size And Growth
…..
27. Apartments And Other Residential Developments Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.


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