The Utility System Construction Global Market Report 2020-30 by The Business Research Company 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.
The Utility System Construction Global Market Report 2021 covers Utility System Construction market drivers, Utility System Construction market trends, Utility System Construction market segments, Utility System Construction market growth rate, Utility System Construction market major players, and Utility System Construction market size.
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The Utility System Construction market report provides an in-depth analysis of the impact of COVID-19 on the global Utility System Construction industry, along with revised market numbers due to the effects of the coronavirus and the expected Utility System Construction market growth numbers 2021-2030.
Utility System Construction Global Market Report 2021 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.
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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 report covers the Utility System Construction market’s segments-
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.
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