Overview of Construction Industry
Construction Industry is one of the most booming industries in the whole world. This industry is mainly an urban based one which is concerned with preparation as well as construction of real estate properties.
Today, the construction industry is still testing new materials and new methods of building with metals and synthetic products. Lighter, stronger materials allow the construction of larger, more open structures with less support. These new products are designed to withstand natural disasters, such as earthquakes and hurricanes. The industry is also moving toward less traditional models such as design-build, in which the same construction company completes both the design and construction of the project and seeking ways to conserve natural resources and become more environmentally friendly.
This industry can be categorized into three basic categories namely :-
3 Categories :
Construction involving heavy and civil engineering
The construction of large projects such as bridge, road, etc comes under this category.
The construction works that involve building of real estate ones such as residential or commercial real estate assets, etc
Construction projects involving specialty trades
Construction works that involve building up of specialized items namely, electric related works, works on woods, etc.