Utility System Construction Global Market Report 2022 provides the strategists, marketers and senior management with the critical information they need to assess the global utility system construction market as it emerges from the COVID-19 shut down.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider utility system construction market, and compares it with other markets.
Subsegments Covered: Water Well Drilling Contractors; Sewer Construction; Water Main and Plant Construction
Companies Mentioned: China Railway Construction Corporation Limited; China Energy Engineering Group; PowerChina; Power Construction Corporation of China; China State Construction Engineering Corporation Ltd.
Metrics Covered: Number of Enterprises; Number of Employees
Countries: 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
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita, utility system construction indicators comparison.
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
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- Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
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- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
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- Benchmark performance against key competitors.
- Utilize the relationships between key data sets for superior strategizing.
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Description:
Where is the largest and fastest growing market for the utility system construction? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The Utility System Construction market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider utility system construction market, and compares it with other markets.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, the impact of the COVID-19 virus and forecasting its recovery.
- Market segmentations break down market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the impact and recovery trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
- The utility system construction market section of the report gives context. It compares the utility system construction market with other segments of the heavy and civil engineering construction market by size and growth, historic and forecast. It analyses GDP proportion, expenditure per capita, utility system construction indicators comparison.
Scope
Markets Covered:
- 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
- By Type of Contractor: Large Constractors; Small Contractors
Subsegments Covered: Water Well Drilling Contractors; Sewer Construction; Water Main and Plant Construction
Companies Mentioned: China Railway Construction Corporation Limited; China Energy Engineering Group; PowerChina; Power Construction Corporation of China; China State Construction Engineering Corporation Ltd.
Metrics Covered: Number of Enterprises; Number of Employees
Countries: 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
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita, utility system construction indicators comparison.
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
This product will be delivered within 1-3 business days.
Frequently Asked Questions about the Global Utility System Construction Market
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Report Attribute | Details |
---|---|
No. of Pages | 300 |
Published | December 2021 |
Forecast Period | 2022 - 2026 |
Estimated Market Value ( USD | $ 775.82 billion |
Forecasted Market Value ( USD | $ 1084.28 billion |
Compound Annual Growth Rate | 8.7% |
Regions Covered | Global |
Table of Contents
1. Executive Summary2. Report Structure7. Utility System Construction Market Trends And Strategies8. Impact Of COVID-19 On Utility System Construction22. Key Mergers And Acquisitions In The Utility System Construction Market26. Copyright And Disclaimer
3. Utility System Construction Market Characteristics
4. Utility System Construction Market Product Analysis
5. Utility System Construction Market Supply Chain
6. Utility System Construction Market Customer Information
9. Utility System Construction Market Size And Growth
10. Utility System Construction Market Regional Analysis
11. Utility System Construction Market Segmentation
12. Utility System Construction Market Segments
13. Utility System Construction Market Metrics
14. Asia-Pacific Utility System Construction Market
15. Western Europe Utility System Construction Market
16. Eastern Europe Utility System Construction Market
17. North America Utility System Construction Market
18. South America Utility System Construction Market
19. Middle East Utility System Construction Market
20. Africa Utility System Construction Market
21. Utility System Construction Market Competitive Landscape
23. Market Background: Heavy And Civil Engineering Construction Market
24. Recommendations
25. Appendix
Executive Summary
Major companies in the 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 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 $1084.28 billion in 2026 at a CAGR of 8.7%.
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 main types of utility system construction are water and sewer line and related structures construction, oil and gas pipeline and related structures construction, power and communication line and related structures construction. The building of water and sewer lines, mains, pumping stations, treatment plants, and storage facilities is the primary activity of the Water and Sewer Line and Related Structures sector. New construction, rebuilding, rehabilitation, and repairs may all be part of the work. It is implemented in various sectors such as private and public.
Asia Pacific was the largest region in the utility system construction market in 2021. North America was the second-largest region in the utility system construction market. The regions covered in the global utility system construction market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The Utility construction market is expected to be driven by rapid growth in emerging markets in the forecasted period. Emerging markets growth was aided by rising disposable income, stable political environment and increasing foreign investments in these countries. According to the International Monetary Fund (IMF) report, the global GDP growth reached 3.3% in 2020 and 3.4% in 2021. Developed economies are also expected to register stable growth during the forecast period. Additionally, emerging markets are expected to continue to grow slightly faster than the developed markets in the forecast period. Thus, strong economic growth boosted construction demand in emerging markets such as China, India, Brazil, Saudi Arabia, and Indonesia, thereby driving the market during forecast period.
Utility system construction companies are using advanced technologies such as drones to efficiently manage projects. A drone is an unmanned aerial vehicle (UAV) that is integrated with communication technologies and controlled by a remote. Some of the typical applications of drones in utility system construction include earthwork volume calculations, elevation mapping, and environmental analysis. During the construction, the terrain can change on a daily basis, thus requiring project managers to monitor these changes. Drones are also being used to monitor project progress and help managers in decision making.
Health and safety issues have always been a major concern in the utility construction industry. Construction activities always face worker safety issues with them working at height, working in confined spaces, working underground and close proximity to falling materials, handling load manually, handling hazardous substances, using plant and equipment, fire and exposure to live cables. The American construction industry comprises 6% of the US workers, but witness around 20% the fatalities, largest number of fatalities compared to any other industry. Inadequate safety and health measures has a negative impact on both the construction and built environments resulting in fatalities, injuries and diseases.
The countries covered in the 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 and Vietnam.
Companies Mentioned
A selection of companies mentioned in this report includes:
- China Railway Construction Corporation Limited
- China Energy Engineering Group
- PowerChina
- Power Construction Corporation of China
- China State Construction Engineering Corporation Ltd.
- Quanta Services, Inc.
- Skanska Group
- Eiffage SA
- Hochtief AG
- Emcor Group
Methodology
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