Specialty Trade Contractors Global Market Report 2018

Specialty Trade Contractors Global Market Report 2018
Starting Price : $ 6000.00 | Pages : 250 | Published : February 2018

SKU CODE : 3196 | Format :

The specialty construction contractor industry includes establishments involved in performing specific activities such as pouring concrete, site preparation, plumbing, painting and electrical work related to construction of buildings. These establishments are not responsible for an entire construction project but perform activities such as new work, additions, alterations, maintenance and repairs on a contractual basis for the main builder or owner. Specialty construction contractors market in this report is segmented into building equipment contractors, building finishing contractors, foundation, structure, and building exterior contractors, and other specialty construction contractors.

Asia Pacific was the largest region in the specialty construction contractors market in 2017, accounting for 38% market share. North America was the second largest region accounting for 26% market share. South America was the smallest region accounting for 2% market share.

Specialty Construction Contractors are using building information modeling (BIM) to improve labor productivity, customer management and material handling. BIM is a digital representation or 3D model of a building, which can be used to efficiently plan, design, construct and manage buildings. Contractors use BIM to design structures, lighting, HVAC systems and mechanical, electrical and plumbing systems. It can be also used for clash detection and interference management, shop drawing review, cost estimation and safety analysis. Electrical and mechanical contractors also use BIM to supplement their prefabrication capabilities. BIM results in reduced rework, improved coordination among workers and higher quality of finished projects. According to the 2012 Productivity Survey by FMI, a US-based management consulting firm, about 62% of construction contractors have increased labor productivity by implementing BIM.

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