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"We're seeing contractors really starting to use emerging construction technologies; and for building products and materials manufacturers, this is a huge opportunity."
RALEIGH, NC, February 20, 2020 /24-7PressRelease/ -- FMI Corporation, the leading provider of consulting and investment banking services to the Built Environment, is pleased to announce the release of the first Building Products Market Update of 2020. The publication explores ways for building product and material manufacturers to position their company for growth in the construction industry. Despite an uncertain economy, now is the time for manufacturers to seize the opportunity to be leaders in market-facing technology adoption and drive customer loyalty.
Paul Giovannoni, managing director for FMI Consulting's Building Products sector, states, "Now is really that tipping point for the adoption of technology. We're seeing contractors really starting to use emerging construction technologies; and for building products and materials manufacturers, this is a huge opportunity. That first mover, the one who takes the technology leap, will likely take the customers."
In addition to the state of technology adoption in the building products and materials manufacturing industry, the report specifically focuses on the market projections of several major product categories: windows and doors, insulation, HVAC, plumbing and roofing systems as well as:
• Total Construction Spending Put in Place Forecast Growth by Construction Segment and Metropolitan Area
• Total Construction Put in Place Estimated for the U.S.
• Nonresidential Buildings Materials Forecast and Macro Trends
• Residential Buildings Materials Forecast and Macro Trends
• Estimated Material Value Summary Tables
To access FMI's Building Products Market Update, please click here.
FMI is the leading provider of consulting and investment banking to the Built Environment. We provide services in the areas of strategy, leadership and organizational development, performance, technology and innovation, mergers and acquisitions, financial advisory and private equity financing.
For more information, please visit www.fminet.com.
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