Global Industrial Land Planning And Development Market 2024 , Forecast To 2033
7 Mar, 2024
The industrial land planning and development market has experienced strong growth, expanding from $13.49 billion in 2023 to $14.74 billion in 2024, with a CAGR of 9.2%. This growth is attributed to factors such as industrialization and government incentives. Looking ahead, the market is projected to continue its strong growth, reaching $20.98 billion in 2028 at a CAGR of 9.2%. Factors driving this growth include smart industrial parks and sustainable practices. Major trends may include integration of 5G technology and technological advancements in manufacturing.
Global Industrial Land Planning And Development Market Key Driver
The growth in the industrial land planning and development market (12) is due to increasing population growth and increasing demand for industrial land. An increase in industrial warehouses is expected to propel the growth of the industrial land development market going forward. Warehouses refer to a place in the industry where raw materials are stored for manufacturing purposes. Warehouse is a part of industrial land development along with the construction of industry. It is also constructed to store raw material and finished goods. For instance, according to Economic Times, for the year 2021, e-commerce sectors continued to account for 60% of total absorption in 2020, which increased to 83% for the year 2021, thus driving the growth of the industrial land development market (13).
Get A Free Sample Of The Global Industrial Land Planning And Development Market ReportGlobal Industrial Land Planning And Development Market Segments
The industrial land planning and development market covered in this report is segmented –
1) By Type: Industrial Developments, and Other Developments
2) By Industry: Residential, and Organization
By Geography: The countries covered in the industrial land planning and development market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain
Asia-Pacific was the largest region in the industrial land planning and development market in 2023.The regions covered in the industrial land planning and development market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, Africa.
Major Industrial Land Planning And Development Industry Players
The Opus Group; Prologis Inc.; Panattoni Development Company Inc.; IDI Logistics; Duke Realty Corporation; Exeter Property Group; Hillwood Development Company LLC; CenterPoint Properties Trust; Trammell Crow Company; The Rockefeller Group; Dermody Properties LLC; EastGroup Properties Inc.; Clarion Partners LLC; Majestic Realty Co.; Scannell Properties LLC; USAA Real Estate Company; STAG Industrial Inc.; Conor Commercial Real Estate; Bridge Development Partners LLC; HSA Commercial Real Estate; Meridian Design Build Ltd.; The Keith Corporation; Al. Neyer LLC; NorthPoint Development; Seefried Properties Inc.; First Industrial Realty Trust Inc.
Get The Full Global Industrial Land Planning And Development Market Report
Industrial Land Planning And Development Market Overview
Industrial land development refers to the development of land for the manufacture or partial manufacture of goods industries. It is used to service land and subdivide real property into lots, for subsequent sale to builders for industrial construction. Servicing of land may include excavation work for the installation of roads and utility lines.