Press release
Specialty Trade Contractors Market 2022 – Comprehensive Analysis Report On Growth, Drivers, Highlighting Opportunities And Restraints
New year, new updates! Our reports have been revised for market size, forecasts, and strategies to take on 2022https://www.thebusinessresearchcompany.com/global-market-reports
‘Specialty Trade Contractors 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 specialty trade contractors market research report helps gain a truly global perspective of the specialty trade contractors 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 specialty trade contractors market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. Among these regions, Asia-Pacific accounts for the largest specialty trade contractors market share.
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The specialty trade contractors market consists of sales of specialty trade contractors services and related goods by entities (organizations, sole traders and partnerships) that perform specific activities (e.g., pouring concrete, site preparation, plumbing, painting, and electrical work) involved in building construction or other activities that are similar for all types of construction, but that are not responsible for the entire project. The work performed may include new work, additions, alterations, maintenance, and repairs. The production work performed by establishments in this market is usually subcontracted from establishments of the general contractor type or for-sale builders, but especially in remodeling and repair construction work also may be done directly for the owner of the property. Specialty trade contractors usually perform most of their work at the construction site, although they may have shops where they perform prefabrication and other work. The sales revenues of establishments primarily engaged in preparing sites for new construction are also included in this market.
Key competitors in the specialty trade contractors market include The Metallurgical Corp of China, KONE Corporation, Vinci SA, Fletcher Building Ltd., and Comfort Systems USA, Inc.
The global specialty trade contractors market size is expected to grow from $5149.38 billion in 2021 to $5721.41 billion in 2022 at a compound annual growth rate (CAGR) of 11.1%. The growth in the specialty trade contractors 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 specialty trade contractors market is expected to reach $8405.13 billion in 2026 at a CAGR of 10.1%.
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TBRC’s report segments the global specialty trade contractors market:
1) By Type: Foundation, Structure, And Building Exterior Contractors, Building Equipment Contractors, Building Finishing Contractors, Other Specialty Trade Contractors
2) By Application: Residential Building Construction, Nonresidential Building Construction, Utility System Construction, Others
3) By Ownership: Chained, Standalone
4) By Mode: Online, Offline
Read Further On The Specialty Trade Contractors Market Here:
https://www.thebusinessresearchcompany.com/report/specialty-trade-contractors-global-market-report
The Table of Contents includes:
1. Executive Summary
2. Report Structure
3. Specialty Trade Contractors Market Characteristics
4. Specialty Trade Contractors Market Product Analysis
5. Specialty Trade Contractors Market Supply Chain
.....
22. Key Mergers And Acquisitions In The Specialty Trade Contractors Market
23. Market Background: Construction Market
24. Recommendations
25. Appendix
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