Global Foundation, Structure, And Building Exterior Contractors Market Report 2021 - Opportunities And Strategies, Market Forecast And Trends

2 Feb, 2021

The foundation, structure and building exterior contractors market consists of sales of foundation, structure, and building exterior contractors services and related goods by entities (organizations, sole traders and partnerships) that perform the specialty trades needed to complete the basic structure (i.e., foundation, frame, and shell) of buildings. The work performed may include new work, additions, alterations, maintenance, and repairs. The foundation, structure, and building exterior contractor market is segmented into excavation and demolition, roofing, concrete work and water well drilling.

Global Foundation, Structure, And Building Exterior Contractors Market Size And Drivers:

The global foundation, structure, building exterior contractors market is expected to grow from $732.56 billion in 2020 to $819.43 billion in 2021 at a compound annual growth rate (CAGR) of 11.9%. 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 $1.06 trillion in 2025 at a CAGR of 7%. A rapidly growing urban population is expected to increase the demand for new residential and commercial land, during the forecast period.

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Trends In The Global Foundation, Structure, And Building Exterior Contractors Market

Contractors are offering building-integrated photovoltaic (BIPV) glazing technology for generation of electricity. A BIPV system consists of solar cells or modules that are integrated into building elements or material as part of the building structure. Traditionally used photovoltaic systems are found on rooftops which have small surface areas. Whereas BIPV photovoltaic cells are integrated directly into cladding materials, shingles or windows enabling almost any building component including the roof, façade, windows, canopies or balcony railings to generate solar electricity. Thus, BIPV installed buildings can self-generate a larger portion of their electricity from a free and clean energy source.

Global Foundation, Structure, And Building Exterior Contractors Market Segments:

The global foundation, structure, and building exterior contractors market is further segmented based on type, application, service provider, mode and geography.
By Type: Excavation And Demolition, Roofing, Concrete Work, Water Well Drilling.
By Application: Residential Building Construction, Nonresidential Building Construction, Others.
By Service Provider: Large Chain Companies, Independent Contractors.
By Mode: Online, Offline.
By Geography: The global foundation, structure, and building exterior contractors market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
Among these regions, North America is the largest region in the global foundation, structure, and building exterior contractors market, accounting for 34% of the total market.

Read More On The Report For The Global Foundation, Structure, And Building Exterior Contractors Market At:
https://www.thebusinessresearchcompany.com/report/foundation-structure-and-building-exterior-contractors-global-market-report-2020-30-covid-19-impact-and-recovery

Foundation, Structure, And Building Exterior Contractors Global Market Report 2021 is one of a series of new reports from The Business Research Company that provides foundation, structure, and building exterior contractors market overviews, analyzes and forecasts market size and growth for the global foundation, structure, and building exterior contractors market, foundation, structure, and building exterior contractors market share, foundation, structure, and building exterior contractors market players, foundation, structure, and building exterior contractors market segments and geographies, foundation, structure, and building exterior contractors market’s leading competitors’ revenues, profiles and market shares. The foundation, structure, and building exterior contractors market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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