Global Utility System Construction Market Value Expected To Reach $910.6 Billion By 2025

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The global utility system construction market is expected to grow from $672.37 billion in 2020 to $713.33 billion in 2021 at a compound annual growth rate (CAGR) of 6.1%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $910.6 billion in 2025 at a CAGR of 6%.

The Business Research Company offers "Utility System Construction Global Market Report 2021" 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 trend s and strategies that players in the market can adopt.

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The utility system construction market consists of sales of utility system construction services and related goods by entities (organizations, sole traders and partnerships) that construct distribution lines and related buildings and structures for utilities (i.e., water, sewer, petroleum, gas, power, and communication). All structures (including buildings) that are integral parts of utility systems (e.g., storage tanks, pumping stations, power plants, and refineries) are included in this market. The work performed includes new work, additions, alterations, maintenance, and repairs. The utility system construction market is segmented into water and sewer line and related structures construction; oil and gas pipeline and related structures construction and power and communication line and related structures construction.

Some of the key players involved in the Utility System Construction Market are Qwest, American Tower, Mastec, Powerteam Services, Michels.

The countries covered in the global Utility System Construction Market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.

The regions covered in the global Utility System Construction Market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The global utility system construction market is segmented -
1) By Type: Water And Sewer Line And Related Structures Construction, Oil And Gas Pipeline And Related Structures Construction, Power And Communication Line And Related Structures Construction
2) By End User Sector: Private, Public

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

The report covers the trends and market dynamics of the Utility System 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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