The Emerging Electrical Markets for Copper


Figure 102: New Residential Floor Space (million m2)



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Figure 102: New Residential Floor Space (million m2)


floor space rather to the absolute number of dwellings. Forecasts of both are based on population growth and recognised trends in the rate of new household formation and floor space per person.


The tables show as that the amount of floor space in place is huge; we estimate 16 billion m2 for Europe and 150 billion m2 worldwide for 2010. At the same time, the rate of growth in floor space in place, and new installation is very modest: 1.3% p.a. worldwide in both cases. Growth in Europe, at 0.5% p.a., is particularly slow.



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