What are the latest figures on the industrial land planning and development market’s size and projected CAGR?
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.
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Which Market drivers have played a significant role in driving the industrial land planning and development market?
The increase in industrialization is expected to propel the growth of the industrial land development market going forward. As economies evolve and expand, the demand for industrial spaces, such as manufacturing facilities, warehouses, and distribution centers, will increase to accommodate the needs of various sectors. This surge in industrial activity will necessitate the development of new land and the optimization of existing sites to support production and logistics operations. For example, in September 2023, according to the National Bureau of Statistics of China, a China-based government agency, industrial production in China increased 5.10% in July 2024, over the same month in the previous year. Additionally, industrial production in India increased 5.90% in May 2024, over the same month in the previous year. Therefore, an increase in industrialization is driving the growth of the industrial land development market.
What are the key segments within the industrial land planning and development market?
The industrial land planning and development market covered in this report is segmented –
1) By Type: Industrial Developments, and Other Developments
2) By Industry: Residential, and Organization
Subsegments:
1) By Industrial Developments: Manufacturing Parks, Logistics And Distribution Centers, Technology And Innovation Hubs, Energy And Utility Infrastructure
2) By Other Developments: Business Parks, Research And Development Facilities, Mixed-Use Industrial Complexes, Renewable Energy Sites
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Which key players are shaping the industrial land planning and development market?
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.
How will evolving trends contribute to the growth of the industrial land planning and development market?
Major companies operating in the market are focused on introducing new solutions for enhanced transparency and data-driven decision-making. By leveraging advanced technologies such as Geographic Information Systems (GIS), big data analytics, and artificial intelligence, these companies aim to provide stakeholders with real-time insights into market dynamics, land availability, and infrastructure developments. For instance, in September 2022, the Department for Promotion of Industry and Internal Trade (DPIIT), a central government department under the Ministry of Commerce and Industry in India, developed The India Industrial Land Bank (IILB), a Geographic Information System (GIS)-enabled database aimed at simplifying investment decisions by offering detailed information on industrial areas throughout India. This platform includes a mapping of over 4,500 industrial parks covering approximately 5.06 lakh hectares, with 1.12 lakh hectares currently designated for industrial use. It provides real-time data on the availability of raw materials, parks tailored to specific sectors, and critical infrastructure information, thus enabling informed investment decisions. The IILB incorporates GIS data from 34 states and union territories, ensuring that the information is kept up-to-date, making it an essential tool for both domestic and international investors looking for optimal locations for their projects.
How do regional factors impact the industrial land planning and development market, and which region is the largest contributor?
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.
What Does The Industrial Land Planning And Development Market Report 2025 Offer?
The industrial land planning and development market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Industrial land development refers to the development of land for the manufacture or partial manufacture of goods industries. It is used to service land and subdivide real property into lots, for subsequent sale to builders for industrial construction. Servicing of land may include excavation work for the installation of roads and utility lines.
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