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Utility System Construction Market Share, Size, Future Growth, Trends And Demands, Regional Analysis Forecast To 2030

08-20-2021 06:14 AM CET | Industry, Real Estate & Construction

Press release from: The Business research company

Utility System Construction Market

Utility System Construction Market

The Business Research Company offers "Utility System Construction Global Market Report 2021 - 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), By End User Sector (Private, Public), 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 trend s and strategies that players in the market can adopt.

The utility system construction market report describes and explains the global utility system construction market and covers 2015 to 2020, termed the historic period, and 2020 to 2025 termed the forecast period, along with further forecasts for the period 2025-2030. The report evaluates the market across each region and for the major economies within each region.

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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.

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%.

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Some of the major players of utility system construction market are Qwest, American Tower, Mastec, Powerteam Services, Michels.

The countries covered in the utility system construction market report 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 utility system construction market report 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
Subsegments Covered: Water Well Drilling Contractors, Sewer Construction, Water Main And Plant Construction

Read More On The Global Utility System Construction Market Report:
https://www.thebusinessresearchcompany.com/report/utility-system-construction-global-market-report-2020-30-covid-19-impact-and-recovery

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
....
22. Key Mergers And Acquisitions In The Utility System Construction Market
23. Market Background: Heavy And Civil Engineering Construction Market
24. Recommendations
25. Appendix
26. Copyright And Disclaimer

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