FAQs

Utility System Construction Global Market Report 2022 - 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) - Market Size, Trends, And Global Forecast 2022 - 2026

What is the definition of the utility system construction market?

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.

How will the utility system construction market drivers and restraints affect utility system construction market dynamics? What forces will shape the utility system construction industry going forward?

The utility construction market is expected to be driven by rapid growth in emerging markets in the forecasted period. However, some utility construction market restraints include health and safety concerns faced by the workers.

What is the forecast market size of the utility system construction market?

The utility system construction market forecast expects the market size to reach $1.08 trillion in 2026 at a rate of 8.7%.

How is the utility system construction segmented?

The global utility system construction market is segmented -
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

Which region has largest share, and what is the market size and growth by geography according to the utility system construction global market report?

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Who are the key players of the global utility system construction market?

Top competitors in the utility system construction market are China Railway Construction Corporation Limited, China Energy Engineering Group, PowerChina, Power Construction Corporation of China, China State Construction Engineering Corporation Ltd.

What are the key trends in the global utility system construction market?

Major trends influencing the utility system construction market include companies 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.

What are the major opportunities in the utility system construction market and the approaches companies can take to take advantage of them?

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How does the utility system construction market relate to the overall economy and other similar markets?

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