Over the next five years, the research study projects that Outbuildings Market will register a 2.8% CAGR in terms of revenue, reach US$ 1420 million by 2023, from US$ 1210 million in 2017.
Outbuildings refer to any building that is free standing and not attached to your main home. This could include a greenhouse, pool house, shed, gazebo, or barn. One thing that most outbuildings (although not all) have in common that makes them simpler and less expensive to build than a home, is that most of them do not have foundations. The types of outbuildings that do have foundations tend to have only a simple cement slab foundation, rather than the type that sits below ground level. For this reason, outbuildings can be constructed more inexpensively and faster than an addition to your home or a new building with an excavated foundation.
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The global average price of outbuilding is stable from 2013 to 2017. With the situation of global economy, prices will be in slowly decreasing trend in the following five years.
The classification of outbuilding includes Sheds, Garages, Greenhouses and Others, and the proportion of Sheds in 2017 is about 52%, and the proportion is in increase trend from 2013 to 2017.
Outbuilding is widely used in household and commercial Use. The most proportion of outbuilding is household and in 2017 with 72% market share. The trend of household is increasing.
This report presents a comprehensive overview, market shares, and growth opportunities of Outbuildings market by product type, application, key manufacturers and key regions.
To calculate the market size, the research study considers value and volume generated from the sales of the following segments. The segmentation by product type are Garages, Sheds, Greenhouses and Others. Also, the segmentation by application are Household Use and Commercial Use.
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report such as Backyard Products, Newell Rubbermaid, Keter Plastic, Lifetime, Arrow Sheds, Suncast, Palram, US Polymer, Rowlinson, YardMaster, Albanym, EY Wooden, OLT, Chongqing Caisheng, Trimetals and Hartwood.
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In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
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Global Building Management System Market by Manufacturers, Regions, Type and Application, Forecast to 2023
The worldwide market for Building Management System is expected to grow at a CAGR of roughly xx% over the next five years, will reach xx million US$ in 2023, from xx million US$ in 2017, according to a new study.
Johnson Controls, Schneider, Siemens, and Honeywell are the key players and accounted for 16.09%, 13.97%, 9.16% and 7.71% respectively of the overall Building Management System market share in 2016. Global giant market mainly distributed in United States, with 87.45% share in 2016. It has unshakable status in this field.
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