Green building market expanding
Reduced costs are a key reason for the expansion of green building market, which is expected to remain steady up to 2016.
According to a report by www.companiesandmarkets.com, the green building market is expanding thanks to reduced costs over the last several years. In particular, the cost reduction benefits for building automation and control systems are encouraging growth in the market. Two of the key reasons for this growth, according to the report, are safety and convenience. The growth is expected to be steady through 2016, which is how far the projections stretch out to. The ability to integrate green design into older systems is a key advantage and, coupled with the reduced costs thanks to advancements in R+D, is why the market will continue to grow.
- Edited by Chris Vavra, Consulting-Specifying Engineer, www.csemag.com
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Annual Salary Survey
Before the calendar turned, 2016 already had the makings of a pivotal year for manufacturing, and for the world.
There were the big events for the year, including the United States as Partner Country at Hannover Messe in April and the 2016 International Manufacturing Technology Show in Chicago in September. There's also the matter of the U.S. presidential elections in November, which promise to shape policy in manufacturing for years to come.
But the year started with global economic turmoil, as a slowdown in Chinese manufacturing triggered a worldwide stock hiccup that sent values plummeting. The continued plunge in world oil prices has resulted in a slowdown in exploration and, by extension, the manufacture of exploration equipment.
Read more: 2015 Salary Survey