Utility System Construction Market Analysis by Key Development Factors, Latest T

Posted by ramacharitbrc on November 24th, 2020

The Business Research Company’s latest report Utility System Construction Global Market Report 2020 covers Utility System Construction market drivers, Utility System Construction market trends, Utility System Construction market segments, Utility System Construction market growth rate, Utility System Construction market major players, and Utility System Construction market size. The report provides in-depth analysis of the impact of COVID-19 on the Utility System Construction industry, along with revised market numbers due to the effects of the coronavirus.

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https://www.thebusinessresearchcompany.com/report/utility-system-construction-global-market-report-2020-30-covid-19-impact-and-recovery

Utility System Construction Global Market Report 2020 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.

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 The global utility system construction market is expected to decline from 4.4 billion in 2019 to 2.1 billion in 2020 at a compound annual growth rate (CAGR) of -1.8%. The decline is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 6% from 2021 and reach 2.8 billion in 2023.

The report covers the Utility System Construction market’s segments-

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.

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