1. Market Research
  2. > Construction Market Trends
  3. > Urban Development

Urban Development: Find Statistics and Market Data

  • Currently 5/5 Stars.
  • 1
  • 2
  • 3
  • 4
  • 5
1 vote

Topics under Urban Development

Urban Development Industry Analysis

The urban development industry primarily plans and constructs city infrastructure and buildings. Urban infrastructure includes highways, rail roads, energy generation and distribution grids and water management and distribution lines. Urban construction comprises residential, commercial and government buildings. Enterprises which provide services for the improvement of urban areas are also part of the urban development industry.

The global demand for town development is increasing because of rising urbanization. By 2050 the percentage of the world’s population that resides in urban areas is projected to rise to 65% from the current 50%.

Key Segments

Key segments of the urban development market include:

Urban Infrastructure

  • Transportation development includes rail and road transportation projects such as highways, rail-roads and bridges. Terminals such as airports, ports and stations are also major elements of urban transport infrastructure. Globally, transport infrastructure investment is projected to increase at an average annual rate of about 5% up to 2025.
  • Energy development consists of constructing energy generation and distribution units. Energy generation and distribution are the processes through which power, generally electricity and gas, is produced and delivered through a transmission grid to consumers.
  • Water and waste-management development covers establishing and improving water supply and distribution networks, wastewater treatment plants, waste collection networks and waste treatment and recycling plants. Efficient water and waste management systems are key requirements for sustainable progress in urban management.

Urban Construction

  • Residential building comprises erecting independent houses and apartment blocks. Global residential construction is expected to grow at an average of 3% annually in the foreseeable future.
  • Commercial and government construction includes erecting non-residential public and private buildings such as hospitals, schools and offices. Urbanization, especially in developing countries, together with growing demand for office space and improving access to education and healthcare will steadily increase urban commercial and government construction in the coming years.

Regional Market Shares

Major regional segments in urban development market include North America, Europe and Asia.

North America is a significant market for urban development. Its ageing urban infrastructure and high demand for new homes are key drivers for the North American urban development market. It is estimated that the USA needs to invest $3.6 trillion to renovate and repair its roads, bridges, water and solid waste systems, energy systems and other infrastructure. New housing units in this region are expected to rise by more than 5% annually in the foreseeable future.

Europe’s urban development market also occupies a substantial share of the global market. According to the latest statistics 75% of the total population in the European Union lives in a town or city. Much of Europe’s urban infrastructure is ageing. Government funding and initiatives for new urban projects area key driver for the urban development market in Europe. For instance, a European Territorial Cooperation program called URBACT has been launched to promote sustainable urban development. Two URBACT programs are completed and the third phase, URBACT III, is ongoing.

The Asia-Pacific market presents significant opportunities for urban development. More than 50% of the worldwide urban population is in Asia-Pacific. Many countries in this region are now being developed for economic growth, leading to more effective policies for space management and the development of smart cities. For instance, about 190 pilot projects for smart cities have been approved in China and in India about 100 cities are planned for redevelopment as smart cities.

Market Outlook

Key trends in the urban development industry include:

  • Development of smart cities. A smart city is a technologically-advanced urban region. It leverages existing and new infrastructure and technologies to develop and deploy services such as energy management, water and waste management in urban regions. The goal of the smart city design is to improve city services and transform urban areas. A smart city creates sustainable economic development and promotes ease of living.

Read more »

Customer Support

Talk to Sam

+44 208 068 8943

70 Reports
Demand, Supply, Forecast
240 Statistics
Market Size, Demand, Demographic
160 Reports
Demand, Supply, Forecast
320 Statistics
Market Size, Demand, Supply
22 Reports
Demand, Supply, Economy
84 Statistics
Market Size, Demand, Supply
31 Reports
Demand, Supply, Economy
130 Statistics
Market Size, Demand, Demographic
15 Reports
Demand, Supply, Economy
70 Statistics
Market Size, Demand, Supply
60 Reports
Supply, Demand, Demographic Indicators
410 Statistics
Market Size, Demographic, Supply
28 Reports
Supply, Demand, Company Financials
150 Statistics
Market Size, Supply, Demand
5 Reports
Demand, Supply, Demographic Indicators
30 Statistics
Market Size, Demand, Supply
10 Reports
Supply, Demand, Demographic
35 Statistics
Demographic, Market Size, Demographic Indicators
3 Reports
Demand, Supply, Economy
8 Statistics
Market Size, Demographic, Supply

About 700 reports

Purchase Reports From Reputable Market Research Publishers
(From £ 155 - £ 5795)

IoT Node and Gateway Market by Hardware, by End-Use, and Geography - Global Forecast to 2023

IoT Node and Gateway Market: Global Forecast until 2023

  • £ 5490
  • Industry report
  • June 2017
  • by MarketsandMarkets

“IoT node and gateway market to grow at a CAGR of 30.9%”According to the new market research report on IoT node and gateway market, this market is projected to reach 17.18 billion units by 2023, growing ...

LiDAR Market: Global Forecast until 2023 £ 4339 May 2018

Intelligent Transportation System Market: Global Foreca ... £ 4339 March 2018

Connected Car Market: Global Forecast until 2022 £ 4339 March 2017

Automotive Telematics Sector: Worldwide Forecast until ... £ 2087 May 2018

Smart Cities in Africa & the Middle East: Gaining tract ... £ 923 December 2017

What Does it Take to Build a City Index? £ 861 March 2018

Automatic Number Plate Recognition System Market: Globa ... £ 4339 August 2017

LiDAR for Automotive Market: Global Forecast until 2030 £ 4339 June 2017

Electronic Toll Collection Market: Global Forecast unti ... £ 4339 April 2017

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on