PUBLISHER: The Business Research Company | PRODUCT CODE: 1712714
PUBLISHER: The Business Research Company | PRODUCT CODE: 1712714
Industrial land development encompasses the preparation of land designated for industrial or manufacturing purposes. This process involves readying the land and dividing real estate into parcels intended for sale to builders for industrial construction. Land servicing activities may involve excavations for road and utility line installations to facilitate subsequent development.
The two primary categories within industrial land development are industrial development and other development. Industrial development specifically involves construction projects centered around manufacturing or industrial processes, which could include electricity generation, food processing, and related activities. The end-users of these developments typically comprise residential areas and various organizational entities.
The industrial land planning and development market research report is one of a series of new reports from The Business Research Company that provides industrial land planning and development market statistics, including industrial land planning and development industry global market size, regional shares, competitors with a industrial land planning and development market share, detailed industrial land planning and development market segments, market trends and opportunities, and any further data you may need to thrive in the industrial land planning and development industry. This industrial land planning and development market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The industrial land planning and development market size has grown strongly in recent years. It will grow from $17.04 billion in 2024 to $18.57 billion in 2025 at a compound annual growth rate (CAGR) of 8.9%. The growth in the historic period can be attributed to industrialization and urbanization, infrastructure development, zoning regulations, globalization and supply chain networks, and government incentives for industrial development.
The industrial land planning and development market size is expected to see strong growth in the next few years. It will grow to $25.72 billion in 2029 at a compound annual growth rate (CAGR) of 8.5%. The growth in the forecast period can be attributed to smart industrial parks and infrastructure, the rise of e-commerce and last-mile facilities, sustainable and green industrial practices, flexible and adaptive land use, resilience planning, and risk mitigation. Major trends in the forecast period include the integration of 5g technology, technological advancements in manufacturing, mixed-use industrial developments, circular economy and industrial ecology, and collaborative industrial spaces.
The anticipated rise in industrialization is expected to boost the growth of the industrial land development market in the future. As economies develop and expand, the demand for industrial spaces, such as manufacturing facilities, warehouses, and distribution centers-will rise to meet the requirements of various sectors. This increase in industrial activity will require the development of new land and the optimization of existing sites to facilitate production and logistics operations. For instance, in September 2023, the National Bureau of Statistics of China, a government agency, reported that industrial production in China rose by 5.10% in July 2024 compared to the same month in the previous year. Similarly, India saw a 5.90% increase in industrial production in May 2024 compared to the same month in the prior year. Thus, the growth in industrialization is driving the expansion of the industrial land development market.
The momentum in urbanization is poised to fuel advancements in industrial land planning and development. Urbanization's pattern of population concentration in urban locales, driven by migration and natural urban growth, necessitates strategic planning for industrial zones. These zones accommodate manufacturing units, logistics centers, and commercial facilities crucial for urban expansion. The World Bank's October 2022 report revealed over 50% global urban population in 2022, projected to soar by 1.5 times to 6 billion by 2045, underlining urbanization's driving force behind industrial land planning and development.
Innovations in technology are emerging as a prominent trend in the industrial land planning and development sector. Market players are actively introducing new tech solutions for competitive advantages. For instance, Honeywell introduced 'The Honeywell Forge Real Estate Operations' in collaboration with SAP, a cloud-based software designed to amalgamate operational and business data for better decision-making, efficiency, and sustainability goals.
Major companies in the market are concentrating on developing new solutions to improve transparency and support data-driven decision-making. By utilizing advanced technologies such as Geographic Information Systems (GIS), big data analytics, and artificial intelligence, these firms aim to deliver real-time insights into market trends, land availability, and infrastructure developments for stakeholders. For example, in September 2022, the Department for Promotion of Industry and Internal Trade (DPIIT), a central government department under India's Ministry of Commerce and Industry, launched The India Industrial Land Bank (IILB). This GIS-enabled database is designed to facilitate investment decisions by providing comprehensive information on industrial areas across India. The platform maps over 4,500 industrial parks that span approximately 5.06 lakh hectares, with 1.12 lakh hectares currently allocated for industrial purposes. It offers real-time data regarding the availability of raw materials, parks suited to specific sectors, and crucial infrastructure details, enabling informed investment choices. The IILB incorporates GIS data from 34 states and union territories, ensuring the information remains current and serves as a vital resource for both domestic and international investors seeking optimal project locations.
Major companies operating in the industrial land planning and development market include The Opus Group, Prologis Inc., Panattoni Development Company Inc., IDI Logistics, Duke Realty Corporation, Exeter Property Group, Hillwood Development Company LLC, CenterPoint Properties Trust, Trammell Crow Company, The Rockefeller Group, Dermody Properties LLC, EastGroup Properties Inc., Clarion Partners LLC, Majestic Realty Co., Scannell Properties LLC, USAA Real Estate Company, STAG Industrial Inc., Conor Commercial Real Estate, Bridge Development Partners LLC, HSA Commercial Real Estate, Meridian Design Build Ltd., The Keith Corporation, Al. Neyer LLC, NorthPoint Development, Seefried Properties Inc., First Industrial Realty Trust Inc.
Asia-Pacific was the largest region in the industrial land planning and development market in 2024.The regions covered in the industrial land planning and development market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, Africa.
The countries covered in the industrial land planning and development market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain
The industrial land development market includes revenues earned by entities by planning to maintain and grow existing industries while developing new industrial land uses. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Industrial Land Planning And Development Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on industrial land planning and development market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for industrial land planning and development ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The industrial land planning and development market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.