Global Heavy And Civil Engineering Construction Market Report 2021 – Opportunities And Strategies, Market Forecast And Trends
The Global Heavy And Civil Engineering Construction Market Report by The Business Research Company covers heavy and civil engineering construction market drivers and restraints, heavy and civil engineering construction market size, major players, and the impact of COVID-19 on the heavy and civil engineering construction market.
The heavy and civil engineering construction market consists of sales of heavy and civil engineering construction services and related goods by entities (organizations, sole traders and partnerships) that undertake heavy and civil engineering construction projects (e.g., highways and dams), and by specialty trade contractors, whose primary activity is the production of a specific component for such projects. The work performed may include new work, additions, alterations, or maintenance and repairs. The sales revenues earned from construction projects involving water resources (e.g., dredging and land drainage) and projects involving open space improvement (e.g., parks and trails) are included in this market. Establishments whose primary activity is the subdivision of land into individual building lots usually perform various additional site-improvement activities (e.g., road building and utility line installation) and their sales revenues are included in this market.
Technological development was a driver of the heavy and civil engineering construction during the historic period. The global heavy and civil engineering construction market is expected to grow from $1.52 trillion in 2020 to $1.62 trillion in 2021 at a compound annual growth rate (CAGR) of 6.2%. 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 $2.10 trillion in 2025 at a CAGR of 7%.
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Some heavy and civil engineering construction market trends include the increase in offshore productivity or the productivity of marine owing to better automation and monitoring technologies. This increase in productivity is seen particularly in dredging, land reclamation and offshore construction of oil platforms, and can be attributed to mechanical technology improvements, automation and better monitoring of offshore construction projects.
Global heavy and civil engineering construction market segments include:
1) By Type: Utility System Construction, Highway, Street, And Bridge Construction, Other Heavy And Civil Engineering Construction.
2) By Organisation Size: Large Enterprises, Small and Medium Enterprises.
Subsegments Covered: Water And Sewer Line And Related Structures Construction, Oil And Gas Pipeline And Related Structures Construction, Power And Communication Line And Related Structures Construction, Roads And Highways, Bridges And Tunnels, Other Highway, Street, And Bridge Construction, Marine And Ports Construction, Rail Road Construction, Sea Wall Construction, All Other Heavy And Civil Engineering Construction.
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
Among these regions, Asia-Pacific accounts for the largest global heavy and civil engineering construction market share.
Read More On The Heavy And Civil Engineering Construction Global Market Report 2021: COVID-19 Impact and Recovery to 2030 At:
The Heavy And Civil Engineering Construction Global Market Report 2021: COVID-19 Impact and Recovery to 2030 is one of a series of new reports from The Business Research Company that provides heavy and civil engineering construction market overviews, analyzes and forecasts market size, share, heavy and civil engineering construction market players, heavy and civil engineering construction market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.
The heavy and civil engineering construction identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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Read Heavy And Civil Engineering Construction Global Market Report 2021: COVID-19 Impact and Recovery to 2030 from The Business Research Company for information on the following:
Data Segmentations: Market Size, Global, By Region And By Country, Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries.
Market Players Covered: China Railway Group Ltd, China Railway Construction Corporation Limited, China Communications Construction Croup ltd, Bechtel Corporation, Power Construction Corp Of China.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.
Sourcing And Referencing: Data and analysis throughout the report are sourced using end notes.
Strategies For Participants In The Heavy And Civil Engineering Construction Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.
Opportunities For Companies In The Heavy And Civil Engineering Construction Sector: The report reveals where the global industry will put on most $ sales up to 2023.
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