IMARC Group has published a market research report titled “GCC Construction & Manufacturing Market Report by Type (Construction Industry, Manufacturing Industry), and Country 2024-2032“, offers a comprehensive analysis of the industry, which comprises insights on the GCC construction & manufacturing market share. As per the study, the Market is expected to continue its growth trajectory during the forecast period (2024-2032)
Construction encompasses the planning, design, and formation of buildings, bridges, and roads, shaping the urban and rural landscapes they inhabit. It involves various stages, ranging from initial concept and feasibility studies to procurement, construction, and project management. On the other hand, manufacturing involves the transformation of raw materials or components into finished products through processes like machining and molding. It also comprises manual labor and automated machinery to assemble products, depending on the complexity of the product and the desired production volume. It focuses on quality control measures to ensure that products meet predetermined standards of quality, reliability, and safety.
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GCC Construction & Manufacturing Market Trends and Drivers:
At present, the growing investment in infrastructure projects, including transportation systems, utilities, and real estate developments, represents one of the key factors positively influencing the market in the GCC region. Additionally, rapid urbanization is catalyzing the demand for residential, commercial, and industrial properties, leading to a rise in construction activities and investments in manufacturing facilities. In line with this, governing agencies in the region are undertaking initiatives, such as Saudi Vision 2030 and Qatar National Vision 2030, to facilitate the construction and manufacturing market. Besides this, the growing investments in energy infrastructure, including refineries, petrochemical plants, and renewable energy projects, are increasing the adoption of construction and manufacturing services and products, which is offering a favorable market outlook in the region. Apart from this, the increasing employment of advanced technologies like building information modeling (BIM), 3D printing, and automation is enhancing efficiency, productivity, and sustainability in construction and manufacturing processes, thereby facilitating the growth of the market in the region. In addition, the rising demand for smart manufacturing technologies, such as automation, robotics, and the Internet of Things (IoT), are transforming manufacturing processes, along with the increasing utilization of sustainable construction materials to reduce environmental impact and improve energy efficiency, is impelling the market growth in the GCC region.
Report Segmentation:
The report has segmented the market into the following categories:
Type Insights:
- Construction Industry
- Building Construction
- Transportation Infrastructure
- Construction Materials
- Construction Services
- Manufacturing Industry
- Packaging
- Heating, Ventilation, and Air Conditioning (HVAC)
- Equipment and Machinery
- Manufacturing Services
- Others
Country Insights:
- Saudi Arabia
- United Arab Emirates
- Qatar
- Kuwait
- Oman
- Bahrain
Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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