The Site Preparation Contractors Global Market Report 2023, provides comprehensive information on the site preparation contractors market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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The global site preparation contractors market size is expected to grow from $276.88 billion in 2022 to $302.88 billion in 2023 at a compound annual growth rate (CAGR) of 9.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global site preparation contractors market size is expected to reach $404.75 billion in 2027 at a CAGR of 7.5%.
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Technological advancements are a key trend gaining popularity in the site preparation contractor market. Many contractors are adopting digital tools such as analytics software, drones, GPS, and 3D modelling software to better plan and execute projects. This has led to improved accuracy, reduced costs, and faster project completion times. For instance, in December 2022, Eyrus Inc., a US-based software business, launched Eyrus Evolved, an end-to-end solution to assist general contractors to make better decisions about progress, risk, and safety. The new technology features an easy-to-use, non-intrusive system that offers full workforce data and analytics in real-time via a consolidated workforce database. Eyrus enables project teams to proactively adapt in dynamic project settings to favorably affect schedule, safety, and cost. The Eyrus platform decreases project administrative overhead by 25% by automating essential operations such as worker on boarding, project timekeeping, and compliance reporting through the integration of construction IoT (Internet of Things) technology.
The site preparation contractors market is segmented:
1) By Product: Walk Behind Tillers, Handheld Trimmers, Handheld Augers
2) By Equipment: Excavators, Loaders, Dump Trucks, Other Equipment
3) By Application: Industrial, Business, Services, Other Applications
4) By End-User: Residential, Non-Residential
Asia-Pacific was the largest region in the site preparation contractors market in 2022.
Major Players:
- D H Griffin Wrecking Co Inc,
- Angel Brothers Enterprises Ltd,
- Plateau Excavation Inc,
- Bristol Site Contractors LLC
- Penhall International Corp
The table of contents in TBRC’s site preparation contractors market report includes:
1Executive Summary
2. Site Preparation Contractors Market Characteristics
3. Site Preparation Contractors Market Trends And Strategies
4. Site Preparation Contractors Market – Macro Economic Scenario
5. Site Preparation Contractors Market Size And Growth
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26Africa Site Preparation Contractors Market
27. Site Preparation Contractors Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Site Preparation Contractors Market
29. Site Preparation Contractors Market Future Outlook and Potential Analysis
30. Appendix
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