3d Real Estate Market Outlook: Ken Research

OVERVIEW: With urbanization there is an ever increasing need for modern and sophisticated infrastructure. However, this can only be achieved through proper planning and with the advent of technology it is now possible to better understand the real world propositions of a real estate project. 3D printers are a leap forward for architectural innovation and technology as they allow for a miniature 3D model to be created. The current technology is expensive and unpolished with popular use only in real estate.

COMPETITION: Real estate market research reports indicate that 3D printing technology is most sorts after in countries that are tech giants and hubs of innovation. United States leads the industry and has been experimenting 3D technology for years. Germany follows close behind with an ever increasing demand for modern manufacturing techniques. South Korea, Japan and UK are also considerable competitors.

EVOLUTION: Research has led to more advanced technology, MIT’s Computer Science and Artificial Intelligence Laboratory (CSAIL) is now giving more promising results. Manufacturers are using 3D printers in a variety of ways. Now machine parts can easily be repaired and inventory shortages can easily be combated. Many developments have been aimed at improving the method of layer by layer printing. Testing and modeling have been improved. Even robotics is receiving aid from 3D printers. Some developments in 3D printing include-

The ability to print bigger structures apart from micro homes for instance the Shanghai based Winsun building is a 5 story 3D printed apartment.

The World’s Advanced Saving Project has been launched to develop 3D printing technology.

In 2017 MIT’s Computer Science and Artificial Intelligence Laboratory (CSAIL) developed a 3D printing technique that allows for simultaneous printing of solid and liquid materials and they printed a robot using this technology.

Eindhoven University is trying to develop a community of 3D printed homes.

Washington State University has researched on metal printing with different alloys.

MARKET SCENARIO: The 3D printing industry is still not fully developed despite its bright future prospects. The market for 3D printers sees only a handful of reputed players dominating. 3DSystems is one of the most reputed companies specializing in 3D technology like 3D printers and digital design tools. ExOne uses technology developed at MIT to print complex parts. HP Inc. is coming into the 3D printing market with its Multi Jet Fusion Technology. Materialize is a Belgium based company that prides itself in software developments in 3D printing.

CONCLUSION: Real estate industry analysis reveals that 3D printing will experience a CAGR of 15% during the period 2017-2022. The use of these machines will become an integral part of future life as they will be found everywhere, from homes to classrooms. All industries including healthcare will extensively incorporate these technologies in their operations .The global unit shipments are expected to be 14 times the current number by 2020 which will also disrupt the manufacturing sector.

Key Topics Covered in the Report

Real Estate Market Research Reports

Real Estate Industry Analysis

Market Research Reports for Real Estate

Real Estate Industry Research Report

Real Estate Market Research Reports Consulting

Real Estate Business Review

Real Estate Industry Research and Market Reports

For more information on the research report, refer to below link:

https://www.kenresearch.com/manufacturing-and-construction/real-estate/SC-97-38.html

Contact:              

Ken Research

Ankur Gupta, Head Marketing & Communications

sales@kenresearch.com

+91-124-4230204

Artificial Intelligence in Real Estate Market Outlook: Ken Research

Overview: The global real estate sector seems to be on an accelerating disruptive turn highlighted by a change in customer dynamics, demographic shifts and an ever increased demand to access data in order to better serve the users. It is quite clear that the cities are no longer traditional cities which just mean buildings and people, they are moving forward to more advance concepts like smart cities. In this demanding ecosystem companies have no choice but to be aware of the recent developments.  The Real Estate Market Research Reports suggest that it is expected to register a CAGR of 15.9% for the period 2016-2028. With this in mind, the sector is expected to expand its services and also work closely with technological developments.

Outlook: The industry has observed a shift from tradition methods used in this sector to online modes of dealing. After the real estate sector saw a shift to online interaction between a buyer and a seller, companies were able to penetrate further and expand their consumer base since the services are cheap and time saving. They also eliminated the need for a middleman by directly establishing a contact between the buyer and seller. Since past few years online real estate industry is trying to experiment into the artificial reality segment with very positive results.  One of the most prominent methods by which AI has entered the real estate segment is the use of Chat bots. Chat bots are artificial intelligence powered bots that respond to a person’s query using real time speech analysis. Chat bots help companies to save customer service cost and optimize time spent on answering customer questions that are of a common nature. Nowadays companies send out marketing campaigns through mail to their clients and prospects. However, this eventually results in a user losing interest due to a flood of marketing campaigns received. Companies such as ATTOM data (USA) is making use of artificial intelligence to send out dynamic campaigns based on area of interest or a particular property. Another innovation under AI is the use of intelligence search platforms. The Real Estate Industry Analysis shows that earlier customer preferences could be made only on basic information like price, area of choice. Now with the introduction of intelligent search platforms, information like ROI, neighbors etc. now are also available that help in identifying better consumer preferences.

Market: The market for global real estate industry is expected to grow by leaps and bounds. The major key drivers associated with the above growth are:-

Enhanced income level: Income levels have been raising especially in developing economies like India USD 1,461 (2011) to USD 1,709 (2016) and China from USD 5,633 (2011) to USD 8,123 (2016) have been a major reason for increased growth in retail sector. (Source: World Bank)

Smart Phone penetration: Most retail companies provide their services through an application and with growing smart phone penetration throughout the globe causing real estate industry to rise.

Increasing urbanization: Urbanization is expected to grow roughly between 10-15% in the upcoming years which further improves the future of this industry.

Competition: Companies around the globe especially USA and Europe have entered in the online retail market brining in artificial intelligence techniques like Chat bots. Companies like structurally (USA) have developed platforms like Holmes and Home chat which are chat bots helping the company to improve its customer response system. Address report is a solution acquired by ATTOM data that sends dynamic content to its subscribers using artificial intelligence. X.AI - This personal Chabot assistant takes care of the meeting. They will be responsible for determining the best time and location, and will add an invitation to your calendar. Rex real estate exchange (USA) runs a chat bots connecting sellers and buyers and aims at reducing brokerage fee.

Conclusion: The real estate industry is expected to grow exponentially due to factors like increasing income, urbanization etc. Companies are now trying to enter the market by means of Artificial Intelligence that aims at improving customer interaction by reducing time and money.

Key Topics Covered in the Report

Real Estate Market Research Reports

Real Estate Industry Analysis

Market Research Reports for Real Estate

Real Estate Industry Research Report

Real Estate Market Research Reports Consulting

Real Estate Business Review

Real Estate Industry Research and Market Reports

For more information on the research report, refer to below link:

https://www.kenresearch.com/manufacturing-and-construction/real-estate/SC-97-38.html

Contact:         

Ken Research

Ankur Gupta, Head Marketing & Communications

sales@kenresearch.com

+91-124-4230204

The significance of the Real Estate on U.S. GDP: Ken Research

Introduction: The 2008 financial crisis was one of the worst events in the history of the United States and the globe. The crisis was offset by the actions of a handful of individuals in large financial institutions that inflated and nearly destroyed the housing market of the United States. The beginning of the crisis was the introduction of two specific tools – the Collateralized Debt Obligation (CDO) and the Credit Default Swap (CDS). The usage of these two instruments led to the crisis in the United States and then on, the rest of the world and led to collapse of major insurer AIG, lending houses Fannie may and Freddie Mac, the downfall of Merrill Lynch and more. While this issue brings to light the situation of careless management of the U.S housing market, a bigger factor brought into light is the impact of a single market in the U.S and its contribution towards building and sustaining the economy, the housing market.

Overview: In the United States, residential real estate contributes roughly 15-18% of the GDP. 3-5% is accounted for through home construction which generates an average of 2.37 jobs per project creating around USD 89,000 on average in new taxes as per government statistics from Real Estate Industry Analysis. The majority of the contribution is through utilities and rent which comprise of the housing based services creating a major contribution in the real estate sector and building the GDP. This signals a favorable situation for the United States housing market as it has a major capacity to generate new taxes and increase employment.  In 2017, real estate construction contributed USD 1.07 trillion to the nation's economic output. That's 6 percent of U.S. GDP. It's less than the 2006 peak of USD 1.195 trillion. At that time, real estate construction was a hefty 8.9 percent component of GDP. Real estate construction is labor intensive. That's why a drop in housing construction was a big contribution to the recession's high unemployment rate. While residential real estate construction and services play a major contributor towards building the economy, commercial real estate has a significant part in economic growth as well. Commercial real estate development supported 6.25 million American jobs in 2016 (a measure of both new and existing jobs).Commercial real estate development contributed USD 864 billion to U.S. GDP. Commercial real estate development generated USD 264.4 billion in salaries and wages. There were 410.1 million square feet of commercial real estate space built in 2016, with capacity to house 1.1 million new workers. Real estate is one of the key sectors in any country and is usually a major contributor towards building the economy. The changes in housing prices make a major difference in determining a person’s wealth and real estate is still a favored investment by many individual and institutional investors. The importance of this industry cannot be downplayed

Conclusion: The impact that real estate has towards building the economy is more than just that of construction. Building homes allows for employment, growth in raw material needs owing to an increased demand for construction equipment and materials as well as boost innovation into developmental technology to increase the pace, aesthetics or effective benefits that the buildings can offer. When considering housing, a majority of population believes in investing in housing based real estate and desire home ownership status with over 64% of the U.S population owning a home as of 2018, this figure is expected to increase to over 75% in the next 5 years.  The significance of this being that the impact that housing has on the economy is enough to substantially grow the economy or, if not careful, it is strong enough to crash the economy. Caution needs to be taken towards jobs and investments in real estate but it also shows that there is a major opportunity for growth and development in real estate with more effective utilities being delivered at lower prices or lowering of construction costs which could increase the rate of home development capable of providing home ownership for increasing members of the population

Key Topics Covered in the Report

Real Estate Market Research Reports

Real Estate Industry Analysis

Market Research Reports for Real Estate

Real Estate Industry Research Report

Real Estate Market Research Reports Consulting

Real Estate Business Review

Real Estate Industry Research and Market Reports

For more information on the research report, refer to below link:

https://www.kenresearch.com/manufacturing-and-construction/real-estate/SC-97-38.html

Contact:         

Ken Research

Ankur Gupta, Head Marketing & Communications

sales@kenresearch.com

+91-124-4230204

The consequences and market impact of the Israeli housing bubble: Ken Research

Introduction: There has been growing concern among industrial experts working in Real Estate Industry Research firms tracking the Israeli housing market over the past decade to the growing prices of homes and the increasing rate of rent in Israel. Home prices and Home Rent rates in Israel have skyrocketed over the decade providing an economic boom for the real estate sector and the economy at large. Finance Minister of Israel, Moshe Kahlon attributed that construction leaped from an annual average of 30,000 units built in previous years to 130,000 as of 2018. The growing home value saw increased investment through debt, exponentially fueling the level of credit which was being issued towards the real estate market, exposing banks to higher levels of risk. Credit as a % of the housing loans have increased from 43% in the early 2000’s to 52% as of 2017 showing a bigger amount of the capital entering the real estate market is on a credit basis which implies the majority of the money being put into the system is not actually there. Rates for inflation linked fixed mortgages have jumped from 2% in May 2015, to nearly 4% as of 2018. The increase in prices led to median home rates for a 3 Bedroom apartment in Israel being at USD 920,000. This is troubling for an economy where the median income is USD 35,000. The increasing prices and growing population concerns among political and economic agenda propelled by politicians and financial institutions could soon lead to turmoil in the Israeli housing market causing a major dent in the economy for Israel and its partner nations..

Housing Spurt: From 1999 to 2007, house prices in Israel rose by just 19% while the CPI increased by 24% over the same period. House prices in Israel have climbed exponentially from 2007 to 2010. There has been a major growth between 2010 and 2017 as well. The housing price index which was at close to 250 in 2010 has jumped to over 400 in 2018. The Increase in demand for housing has been mainly due to growing accessibility between central employments areas like Tel Aviv and remote regions without much opportunity for employment causing large scale migration towards economically beneficial regions leading to an increase in property rates. Aside from the growing population the lack of government regulation on housing has led to massive levels of price inflation of homes. The threat becomes quite clear when considering the majority of mortgages are inflation linked making them as or more dangerous than Adjustable rate mortgages. The only beneficiary of the increasing inflation rates and prices being financial institutions and developers, there is a high possibility for financial turmoil in the Israeli economy. The effects are already being noticed as since the first quarter of 2017, there has been an increasing value in the housing market despite a constant decrease in the number of homes bought. The inflation rates and frequent revisions in property valuation have made Israel top the list in rising home prices for the year 2017.

Market Effect Beginning: Some 9,700 homes were bought in January 2017, while the monthly average for 2016 was between 9,000-10,000, aside from October, when only 4,700 homes changed hands. The percentage of homes bought by investors was 16%, similar to levels throughout 2016. However, the stock of apartments for rent fell 1,400 in January, as investors began to sell off their holdings. January’s figure of 9,700 homes sold is 5% lower than the number in December 2016, and 3% more than the figure for January 2016.The only distinct figure for January was a drop-off in the number of new homes sold. This was offset somewhat by sales of second-hand homes and sales by investors.

Conclusion: If the housing market does not correct itself soon, there will be a major financial crisis in Israel. There have been measures taken by the government in 2018 to begin “cooling the market”. This includes boosting purchase taxes, and adding an extra levy on owners of three or more apartments. That has helped lower the % age of investment transactions from 40% of the total pool in early 2016 to about 15 in 2017. The government, which controls most of Israel’s land, boosted construction starts by more than 10% in 2015 and 2016 to more than 50,000 annually, to address a supply shortage that many economists see as a major source of the price rise.

Key Factors Considered in the Report:

Real Estate Market Research Reports

Real Estate Industry Analysis

Market Research Reports for Real Estate

Real Estate Industry Research Report

Real Estate Market Research Reports Consulting

Real Estate Business Review

Real Estate Industry Research and Market Reports

To know more, click on the link below:

https://www.kenresearch.com/manufacturing-and-construction/real-estate/SC-97-38.html

Contact Us:

Ken Research 

Ankur Gupta, Head Marketing & Communications

sales@kenresearch.com

+91-9015378249

The Rebound of the Chinese Commercial Real Estate Industry: Ken Research

Introduction: Although China’s commercial real estate market was valued a USD 3.4 trillion in 2016, the second biggest in the world after the US, it hasn’t been especially active recently. The transaction activeness ratio (TAR) which is a gauge of market activity, for China’s commercial property market in 2016 stood at 0.8, compared with 7.6 for Sweden, which topped the chart of 24 countries and regions worldwide. The Netherlands was second with 5.2, followed by the US with 4.8 showcasing an almost stagnant level of activity in the real estate market for China, although the market is now poised to make a turnaround owing to the massive investment opportunity surrounding its commercial and industrial real estate. The commercial real estate market in China is forecasted to have an investment worth USD 150 Billion in the year 2020. This comes in conjunction with the rebound of the Chinese real estate market expected to grow exponentially over the next 3-5 years. Real Estate Industry Research and Market Reports estimates predict that there will be a 45% surge in en bloc transactions adding revenue of USD 41.06 Billion (RMB 260 Billion). Further there is also an expected additional influx of USD 160 Billion (RMB 1 Trillion) expected to be invested into the real estate market between 2017 and 2020. The major drivers behind this increment in investment are increased participation from commercial developers and institutional investors betting big on the growth of the Chinese real estate market. The major trends that are bound to shape the market are increasing participation of capital market activity with mergers and acquisitions playing a major factor in molding the competitive landscape of the market. Adding to this, overall cap rates on investment are expected to be stable supported by positive investor sentiment and currently, sufficient capital availability. Demand for commercial space is driven by a high level of participation from foreign participants entering the Chinese market and through a need for commercial space required by emerging domestic corporations. Leasing fundamentals are expected to stay positive following a strict level of regulation on labor supply. Although commercial demand is driven by the requirement for commercial space for companies, the extent of product demand for consumers is the key driving factor behind the growth and sustainability is the buoyancy and solid consistency behind consumer demand.

Outlook:  In 2007, Chinese commercial real estate outflow stood at less than USD 1 billion. A decade later, outbound investment in the commercial property space exceeds USD 20 billion annually. Rising capital outflows caused a rapid depreciation of the RMB, and hampered government efforts to internationalize the currency, leading to controls brought in late 2016 to curb investment outflow. Some of the measures implemented to restrict capital outflows include the prohibition of outbound investments amounting to more than USD 10 billion, the banning of overseas real estate deals worth USD 1 billion by state-owned companies, and the restriction of mergers and acquisitions outside a domestic investor’s core business valued at more than USD 1 billion. Despite the capital controls and the reported drop in overall outbound capital investment, there has been limited impact in the commercial property space in part due to Chinese investors’ desire to diversify and manage risk amid the slowing domestic economic growth. A large demand for industrial real estate is driven through the logistics industry owing to an increasing need for warehousing space in the fast emerging logistics and warehousing sector driven majorly by the explosive growth of the ecommerce sector in China. Infrastructure, urbanization, the Belt and Road initiative, the ‘Made in China 2025’ strategy, demographic shifts and the consumption upgrade are expected to shape the commercial property investment strategy.

Region Wise Breakdown: First-tier cities such as Beijing and Shanghai, with a prominent business and commercial environment, are forecast to attract 60% of the investment in commercial property, while six other key cities including the southern cities of Guangzhou and Shenzhen, the southwestern cities of Chengdu and Chongqing, northeastern Tianjin and central China’s Wuhan will account for 35%

Conclusion: The growth in the commercial sector of China combined with a consistently increasing industrial capacity is leading to China becoming one of the major markets for commercial real estate. Increased investment by institutional investors coupled with growing participation by property developers like Sun Hung Kai, Wheelock, Great Eagle, Henderson Developers and more are leading to a highly positive outlook for the commercial real estate market in China. 

Key Factors Considered in the Report:

Real Estate Market Research Reports

Real Estate Industry Analysis

Market Research Reports for Real Estate

Real Estate Industry Research Report

Real Estate Market Research Reports Consulting

Real Estate Business Review

Real Estate Industry Research and Market Reports

To know more, click on the link below:

https://www.kenresearch.com/manufacturing-and-construction/real-estate/SC-97-38.html

Contact Us:

Ken Research 

Ankur Gupta, Head Marketing & Communications

sales@kenresearch.com

+91-9015378249