Heavy And Civil Engineering Construction Market 2020-2030: Impact of COVID-19, Future Growth Analysis and Challenges

The Business Research Company offers "Heavy And Civil Engineering Construction Global Market Report 2020-30: Covid 19 Impact And Recovery" in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market’s historic and forecast growth, and highlights important trends and strategies that players in the market can adopt.

The global heavy and civil engineering construction market is expected to decline from $1625.8 billion in 2019 to $1605.9 billion in 2020 at a compound annual growth rate (CAGR) of -1.3%. The decline is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 7% from 2021 and reach $1934.1 billion in 2023.

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The heavy and civil engineering construction market consists of the sales revenues earned by entities (organizations, sole traders and partnerships) that undertake heavy and civil engineering construction projects (e.g., highways and dams), and by specialty trade contractors, whose primary activity is the production of a specific component for such projects. The work performed may include new work, additions, alterations, or maintenance and repairs. The sales revenues earned from construction projects involving water resources (e.g., dredging and land drainage) and projects involving open space improvement (e.g., parks and trails) are included in this market. Establishments whose primary activity is the subdivision of land into individual building lots usually perform various additional site-improvement activities (e.g., road building and utility line installation) and their sales revenues are included in this market.

3D printing is widely being used in heavy and civil engineering construction to reduce costs and construction time. 3D printing is a production technique which involves printers that create solid objects using concrete and composite mixture. The use of 3D printing techniques reduces labor costs, production time and enables the construction of a variety of customized structures. Eco-friendly structures can be constructed using this technique as 3D printers can use materials such as bio plastics and recycled plastics. For example, in December 2016, the Institute of Advanced Architecture of Catalonia (IAAC) constructed a 3D printed pedestrian bridge in Madrid. Also, MX3D, a 3D printing technology company, is going to build a fully functional 3D printed steel bridge across a canal in Amsterdam.

Heavy And Civil Engineering Construction Market Segmentation: -
By Type
Utility System Construction
Highway, Street, And Bridge Construction
Other Heavy And Civil Engineering Construction

By Organisation Size
Large Enterprises
Small and Medium Enterprises

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Few Points From Table Of Content
1. Executive Summary
2. Report Structure
3. Heavy And Civil Engineering Construction Market Characteristics
4. Heavy And Civil Engineering Construction Market Product Analysis
5. Heavy And Civil Engineering Construction Market Supply Chain
.....
20. Heavy And Civil Engineering Construction Market Competitive Landscape
21. Key Mergers And Acquisitions In The Heavy And Civil Engineering Construction Market
22. Market Background: Construction Market
23. Recommendations
24. Appendix
25. Copyright And Disclaimer

The report covers the trends and market dynamics of the Heavy And Civil Engineering Construction Market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.

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Some of the key players involved in the Heavy And Civil Engineering Construction Market are China Railway Group Ltd; China Railway Construction Corporation Limited; China Communications Construction Croup ltd; Bechtel Corporation; Power Construction Corp Of China

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The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets after WHO declared COVID-19 as a pandemic.

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