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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