Building automation system to promote the global aluminum market |
| Author : Tony Zhang Date : 7/29/2016 1:40:37 AM |
Technavio latest market report, 2016--2020 years, the global aluminum market building CAGR of 6.31%.
Analysts said, the Americas, Asia Pacific, Europe and the Middle East are the main building of the four regions of the world aluminum market. Infrastructure development in these areas of the construction sector boosted demand for aluminum structural parts. Overhaul project in India, Malaysia and other emerging economies, the infrastructure will be further expanded demand for aluminum.
The report notes that building automation system upgrade is a major market drivers. London Metal Exchange (LME) price fluctuations premium. On the other hand, this may be a major challenge for aluminum structural parts manufacturers and suppliers.
The report shows that building integrated photovoltaic (BIPV) significant growth in the use of aluminum, a trend that will continue long-term |