Press release
Home Remodeling Market Size, Demand, Growth, Analysis, Share And Forecast 2033
Home Remodeling Market
The home remodeling market size is expected to see steady growth in the next few years. It will grow to $1164.16 billion in 2028 at a compound annual growth rate (CAGR) of 4.7%. The growth in the forecast period can be attributed to emergence of fiber lasers, expansion of renewable energy sector, demand for lightweight materials, medical device miniaturization, rapid prototyping and small-batch manufacturing. Major trends in the forecast period include advancements in laser technology, integration of automation and robotics, hybrid laser welding systems, customization and flexibility in welding processes, integration of artificial intelligence.
Market Overview -
Home remodeling is the process of upgrading or renovating an existing residential structure that may be in disrepair, outdated, or no longer meets the homeowner's needs. It involves creating something new.
Download Free Sample of Report -
https://www.thebusinessresearchcompany.com/sample.aspx?id=10374&type=smp
Construction Sector Surge Propels Growth In The Home Remodeling Market
The rise in the construction sector is expected to propel the growth of the home remodeling market going forward. The construction sector is a critical industry that encompasses a wide range of activities related to building and infrastructure development. It includes the construction of residential and commercial buildings, as well as infrastructure such as highways, bridges, airports, and public transportation systems. As the construction sector grows, it can stimulate demand for housing and create a more competitive housing market. In turn, homeowners may choose to renovate their existing homes instead of buying new ones. Furthermore, as the construction sector incorporates new technology and materials, homeowners may become interested in upgrading their homes with these advancements. . For instance, in August 2023, according to the U.S. Census Bureau, a US-based government agency, privately owned residential housing completions reached 1,406,000 housing units, a 3.7% increase from 1,355,000 in August 2022. Therefore, the rise in the construction sector is driving the growth of the home remodeling market.
Competitive Landscape -
Major companies operating in the home remodeling market report are Andersen Corporation, JELD-WEN Holdings Inc., Kohler Co., Pella Corporation, The Home Depot Inc., Dow Inc., Kajaria Ceramics Limited, Lutron Electronics Company, Mohawk Industries Inc., Masco Corporation, Industry Cotto Possagno S.p.A, Seven Group Holdings Limited (Boral Limited), Harvey Industries Inc., Neil Kelly Company, Case Design, ABC Supply Co., Atlas Roofing Corporation, AZEK Building Products Inc., Beacon Roofing Supply Inc., Builders FirstSource Inc., CertainTeed Corporation, Cornerstone Building Brands, CRH plc, Daltile Corporation, Danaher Corporation, Delta Faucet Company, D.R. Horton Inc., Johns Manville Corporation, Ferguson Enterprises LLC, GAF Materials Corporation, Georgia-Pacific LLC, Home Depot Inc., James Hardie Industries plc, Lennar Corporation, Lowe's Companies Inc., Owens Corning, Ply Gem Holdings Inc., Pool Corporation, Power Home Remodeling Group
Lennox Introduces Cutting-Edge Smart Thermostat
Technological advancements are a key trend gaining popularity in the home remodeling market. Companies operating in the home remodeling market are adopting new technologies to sustain their position in the market. For instance, in January 2023, Lennox International Inc., a US-based climate control solutions provider, launched Lennox S40 Smart Thermostat along with Lennox Smart Air Quality Monitor and the Lennox Smart Room Sensor as part of smart home innovation. The Lennox S40 Smart Thermostat controls a one-of-a-kind, fully communicating system that seamlessly and intelligently works together to stay tuned and deliver consistently perfect, healthy air. Schedule IQ Technology, Smart Away geo-fencing capabilities and one-touch Away Mode ensure the S40 Smart Thermostat and connected equipment run as efficiently as possible by maintaining comfort when the home is occupied and saving energy when it is not. The S40 Smart Thermostat monitors sensors throughout the house while ensuring a seamless user experience, which is bolstered by a variety of automation features.
Browse Full Report @
https://www.thebusinessresearchcompany.com/report/home-rereporting-global-market-report
Key Segments -
The home remodeling market covered in this report is segmented -
1) By Type: Do-It-Yourself (DIY), Do-It-For-Me (DIFM)
2) By Distribution Channel: Online, Offline
3) By Application: Windows And Doors, Kitchen And Bathroom, Floor And Roof, Walls, Other Applications
4) By End-Use: Residential, Commercial
Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Want To Know More About The Business Research Company?
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialise in various industries including manufacturing, healthcare, financial services, chemicals, and technology.
Global Market Model - World's Most Comprehensive Database
The Business Research Company's flagship product, Global Market Model (www.thebusinessresearchcompany.com/global-market-model) is a market intelligence platform covering various macroeconomic indicators and metrics across 60 geographies and 27 industries. The Global Market Model covers multi-layered datasets which help its users assess supply-demand gaps
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Home Remodeling Market Size, Demand, Growth, Analysis, Share And Forecast 2033 here
News-ID: 3477161 • Views: …
More Releases from The Business research company
Potato Starch Market Forecasted for Strong Growth, Projected to Reach $8.26 Bill …
The potato starch market size has grown strongly in recent years. It will grow from $6.29 billion in 2023 to $6.64 billion in 2024 at a compound annual growth rate (CAGR) of 5.6%. The growth in the historic period can be attributed to rise in demand for processed food items, growing demand for gluten-free food products, increased production and export prospects , diversification of potato starch…
Retail Inventory Management Software Market: Detailed Outlook on Size, Share, Se …
The retail inventory management software market size has grown rapidly in recent years. It will grow from $7.45 billion in 2023 to $8.37 billion in 2024 at a compound annual growth rate (CAGR) of 12.5%. The growth in the historic period can be attributed to the increasing number of e-commerce retailers, globalization of supply chains, rising customer expectations, competition, and market differentiation, and increasing product complexity.
The retail inventory management…
Prebiotic Ingredients Market Size, Share, Trends, Outlook, Insights 2024-2033
The prebiotic ingredients market size has grown rapidly in recent years. It will grow from $6.44 billion in 2023 to $7.16 billion in 2024 at a compound annual growth rate (CAGR) of 11.2%. The growth in the historic period can be attributed to increased focus on gut health, rise in digestive health concerns, growing awareness about the health benefits of prebiotic ingredients, rising demand for natural…
Polyphenols Market Size, Share, Trends And Forecast To 2024-2033
The polyphenols market size has grown rapidly in recent years. It will grow from $2.14 billion in 2023 to $2.45 billion in 2024 at a compound annual growth rate (CAGR) of 14.6%. The growth in the historic period can be attributed to demand for natural antioxidants and growth in the food and beverage industries, expansion of functional foods and nutraceuticals, development of polyphenol-rich extracts, increase…
More Releases for Corporation
Endotherapy Devices Market Key Players: Hoya Corporation, Olympus Corporation, S …
A fresh report titled “Endotherapy Devices Market” has been presented by KD market insights. It evaluates the key market trends, advantages, and factors that are pushing the overall growth of the market. The report also analyzes the different segments along with major geographies that have more demand for Endotherapy Devices Market. The competition analysis is also a major part of the report.
The global endotherapy devices market is projected to reach…
Digital Living Room Market 2017-2025 | Samsung Corporation, Sharp Corporation, B …
Global Digital Living Room Market: Snapshot
The living room gadgets in the early 1980s were predominantly televisions. Today, living rooms have evolved into a place with a number of devices thanks to inventions and evolution of the consumer electronics industry. Following this, researchers are focused on bridging the gaps between different devices in the living room by means of connected living rooms. This involves connecting the array of primary and secondary…
Smart Camera Market || Key Players - Samsung Electronics Co., Canon Inc., Nikon …
Looking at the current market trends as well as the promising demand status of the Smart Camera Market, it can be projected that the future years will bring out positive outcomes. This research report added by MRRSE on its online portal delivers clear insight about the changing tendencies across the global Smart Camera Market. Readers can gather prime facets connected to the target market which includes product, end-use and application;…
Global Healthcare Clinical Analytics Market to 2022| IBM Corporation, Cerner Cor …
Albany, NY, 3rd December : Recent research and the current scenario as well as future market potential of "Global Market Study on Healthcare Clinical Analytics: North America to be the Most Lucrative Market During the Assessment Period (2017 - 2022)" globally.
Introduction
Persistence Market Research delivers yet another unbiased, comprehensive and insightful report titled ‘Healthcare Clinical Analytics Market: Global Industry Analysis (2012-2016) and Forecast (2017-2022)’.
Get PDF for more Professional and Technical insights…
Endotherapy Devices Market Key Players : Hoya Corporation, Olympus Corporation, …
Endoscopy Devices Market is performed to examine abdominal pain, ulcers, digestive tract bleeding, and abnormal growths in the colon and other abdominal & gastrointestinal (GI) conditions. The minimally invasiveness of this procedure with fewer post operation complications makes it one of the most preferred and sought-after procedures in diagnostics and surgeries. The global endotherapy devices market is projected reach $5,015 million by 2024 from $3,369.0 million in 2017, growing at…
Endoscopy Devices Market Share with Olympus Corporation, HOYA Corporation, Fujif …
Endoscopy Devices Market Report, published by Allied Market Research, forecasts that the global market is expected to garner $40,854 million by 2022 from $27,273 million in 2015, registering a CAGR of 5.7% during the period 2016 to 2022. The flexible endoscopes are expected to dominate the global endoscopy devices market. North America is projected to continue its lead, accounting for more than one-third share of the global endoscopy devices market…
