3 Key Trends to Watch in the U.S. Construction Industry

After a challenging 2020, the U.S. construction industry remains resilient with growth projected in the future.

Topics: Manufacturing & Construction Industry Insights

5 Trends in Outdoor Living Spaces That We'll See This Year

As summer approaches, trends in outdoor living spaces pique the interest of anyone looking to upgrade or remodel the exterior spaces of their homes. Outdoor living has taken on a new level of importance for people in light of events over the past year, with most people spending much more time at home.

Topics: House & Home Manufacturing & Construction Industry Insights

Expert Analysis on the Semiconductor Chip Shortage and Its Impact on Carmakers

The semiconductor chip shortage is all over the media in recent days, and the headlines are not exactly reassuring.

Topics: Computer Hardware & Networking Manufacturing & Construction Transportation & Shipping Industry Insights

What Is Big Science, and Why Are So Many Companies Investing in It?

They say bigger is better, right? When it comes to paychecks, road signs and (in our humble opinion) bathrooms, the maxim rings true. But what about science? Big science—a term coined in the 1960s by physicist Alvin Weinberg to describe large-scale scientific projects intended to solve the world's biggest issues—offers the scientific community and society at large many benefits.

Topics: Materials & Chemicals Computer Hardware & Networking Manufacturing & Construction Public Sector Industry Insights

DIY Home Improvement Industry Booms During COVID-19

Americans spent more time at home during the COVID-19 pandemic, but they didn’t just sit on the couch and watch Netflix. Many residents went to work renovating their homes, leading to record home improvement spending.

Topics: House & Home Manufacturing & Construction Industry Insights

Top 7 Things to Know About the Industrial IoT Market

The industrial Internet of Things (IIoT) is projected to become a large-scale, high-growth market that will have a transformative impact on a broad range of industry sectors, from healthcare and retail to automotive and transport.

Topics: Manufacturing & Construction Industry Insights

U.S. Roofing Industry to Weather Economic Fallout of COVID-19

Bolstered by an increase in housing starts and the need to repair or replace older roofs with more durable products, the demand for roofing in the U.S. is projected to grow 0.2% per year to reach 253.0 million squares by 2024, according to The Freedonia Group, a leading market research firm and division of MarketResearch.com.

Topics: Manufacturing & Construction Industry Insights The Freedonia Group

Tiny Homes: A Booming Market

The high cost of housing is motivating more people to live small — in tiny homes that are less than 500 square feet, a space that could easily fit inside a regular family room.

Topics: Manufacturing & Construction Industry Insights The Freedonia Group

7 Key Facts to Know About the U.S. Decking Market

The U.S. demand for decking is expected to grow 1.3% each year to reach 3.6 billion lineal feet valued at $7.1 billion in 2023, according to a new industry study by The Freedonia Group. Here are a few key facts to know about this dynamic market.

Topics: Manufacturing & Construction Industry Insights

Key Data on the Global Housing Market [Infographic]

Global construction of new housing is expected to rise 1.6% per year through 2023, according to a new industry study titled Global Housing by The Freedonia Group, a leading market research firm and division of MarketResearch.com.

The study focuses on the 55.3 million unit global market for new housing, and provides historical data and forecasts for new housing units and housing stock in 58 countries and 6 regions.

Topics: Manufacturing & Construction Industry Insights The Freedonia Group