(ZY.2.02) Architecture

[New] The only coal-fired power station under construction in Europe is the Datteln 4 project in Germany: The 1,100 MW power station is expected to commence first generation early next year but has been subject to intense focus from protestors who plan to interrupt the power station's operation.
[New] IDC expects the resource industry to move ahead of both construction and discrete manufacturing to become the second largest industry for drone spending in 2021.
[New] Industry spending on drones will be led by utilities ($1.9 billion), construction ($1.4 billion), and the discrete manufacturing and resource industries.
[New] Texas now has six LNG export facilities (trains) operating or planned for construction within the next 2 years, which will increase the U.S. export capacity to 10 billion cubic feet per day.
The construction market in Asia is expected to account for almost half of global construction spending by 2020.
By 2030, global spending in construction is expected to touch $17.5 trillion, with China, the United States and India leading the way and accounting for 57 percent of all global growth.
International Resource Panel modelling sees a boost of 8% in global growth above a historical trends scenario from 2030 to 2060 through efficiency measures in construction and manufacturing alone.
Cambodia's economic growth is projected to reach around 7% by 2020 due to growth in exports, foreign investment inflows, tourism, and construction and real estate, sectors which are expected to enjoy continued growth.
The construction of the coastal highway linking the towns of Malindi in Kenya to Bagamoyo in Tanzania will begin in early 2020.
The European Commission executive arm estimates that halving emissions by 2030 would require 260 billion euros of investment a year in the energy, transport and construction sectors.
Global demand for coal is expected to remain largely stable through 2024, driven by robust economic growth and the construction of new coal-fired power plants in Asia, particularly in China and India.
In 2020, the world's most powerful neutrino detector will begin construction and could provide the first glimpse of proton decay when it starts operations.
Work on the more modern Type 002 carrier started two years ago, and a naval source told the South China Morning Post that construction of a second Type 002 vessel could begin as early as 2021.
FERC projects that the capacity of new US coal plants over the next three years will be zero because none are reported as being under construction.
The global AI in construction market was valued at US$ 450 million in the year 2018 and is expected to reach over US$ 2.1 Billion by the year 2023, growing at a CAGR of 36.2%.
MLSD announced a plan to nationalize and create jobs for Saudis in three main sectors during 2019-2020, with 80 thousand jobs in real estate and construction and 40 thousand jobs in health, and 15 thousand jobs in IT.
The construction sector in Middle East & North Africa is expected to grow at the fastest pace in 2019, as the regional governments are investing in infrastructure projects.
Modular construction could scale to an industry that represents more than $100 billion in US and European real estate, delivering $20 billion in annual savings.
Due to the increasing demand in various Indian sectors such as housing, commercial construction and industrial construction, cement industry is expected to reach 550-600 Million Tonnes Per Annum (MTPA) by the year 2025.
The global construction industry is expected to reach a value of USD 8 trillion by 2030, primarily driven by China, India, and the United States.
70 percent of the construction for Qatar's flagship food security project is already complete, and the massive food infrastructure is expected to be fully operational within one year.
With construction companies making continuous efforts to bring 3D concrete printing in mainstream construction, the global 3D concrete printing market is projected to gather significant momentum in the next few years.
Construction is increasing around the world, with the global construction market expected to reach $12.9 trillion per year by 2022.

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Last updated: 18 February 2020