Utility System Construction Market Analysis 2022 by Key Development Factors, Latest Trends, Market Size, Share & Global Outlook and Forecast

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Utility System Construction Global Market Report 2022 –Market Size, Trends, And Global Forecast 2022-2026 by The Business Research Company is the most comprehensive report available on this market, with analysis of the market’s historic and forecast growth, drivers and restraints causing it, and highlights of the opportunities that companies in the industry can take on. The utility system construction market research report helps gain a truly global perspective of the utility system construction industry as it covers 60 geographies worldwide. Regional and country breakdowns give an analysis of the market in each geography, with information on the size of the market by region and by country.

The regions covered in the utility system construction market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Among these regions, Asia Pacific accounts for the largest utility system construction market share.

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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.

Key competitors in the utility system construction market include China Railway Construction Corporation Limited, China Energy Engineering Group, PowerChina, Power Construction Corporation of China, China State Construction Engineering Corporation Ltd.

The global utility system construction market is expected to grow from $706.06 billion in 2021 to $775.82 billion in 2022 at a compound annual growth rate (CAGR) of 9.9%. The growth in the utility system construction market 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 utility system construction market is expected to reach $1084.28 billion in 2026 at a CAGR of 8.7%.

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TBRC’s report segments the global utility system construction market:
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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The Table of Contents includes:
1. Executive Summary
2. Report Structure
3. Utility System Construction Market Characteristic
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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