Industrial land
development establishments service land and subdivide real property into lots,
for subsequent sale to builders. Servicing of land may include excavation work
for installation of roads and utility lines.
The global
industrial land planning and development market was valued at $25 billion in
2017. Asia Pacific was the largest geographic region in the market, accounting
for nearly 70% of the global market share.
The industrial
land development market is divided into two segments namely: industrial
developments and other developments.
China was the
largest country in the market, accounting for nearly half of the global
industrial land planning and development market share. China was followed by
India and the USA as the next largest countries in the market.
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The top five
competitors in the market are Opus
Group, ProLogis, Panattoni Development Co., IDI, and Duke Realty Corp.
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