Market Overview:
The global utility system construction market is expected to grow from USD XX billion in 2018 to USD XX billion by 2030, at a CAGR of X.X%. The growth of the market can be attributed to the increasing demand for electricity and rising concerns about climate change. The infrastructure segment is expected to account for the largest share of the global utility system construction market in 2018. This segment is projected to grow at a CAGR of X.X% from 2018 to 2030. The telecom segment is projected to grow at a CAGR of X.X% from 2018to 2030, owingto the increasing demand for data and voice services acrossthe globe .
Product Definition:
The construction of a utility system is the process of creating the infrastructure necessary to provide a community with essential services such as water, wastewater, and stormwater management. The importance of utility system construction lies in its ability to provide these essential services while also protecting public health and the environment.
Infrastructure:
Infrastructure is the core service that supports all other operations and activities in a business. It includes communication, transportation, energy, water supply & waste removal services. Infrastructure has been witnessing significant changes over the past few years owing to increased demand for enhanced connectivity and mobility as well as growing need for efficient management of information technology systems across various sectors such as BFSI, healthcare & life sciences and government among others.
Telecom:
Telecom and it's usage in utility system construction market is the process of installing telecommunication devices and components such as telecom ducts, pole mounted equipment, base station cabinets along with other related hardware at customer premise for utility services. The service also includes maintenance & repair of telecom systems along with their installation.
Application Insights:
The services application segment led the global utility system construction market and accounted for more than 45.0% share of the total revenue in 2017. The growth can be attributed to increasing demand for telecom applications across various regions, including Europe, North America and Asia Pacific. Furthermore, rapid urbanization coupled with a growing population has resulted in an increased demand for electricity across countries such as India and China over the recent years.
The industrial application segment is expected to witness significant growth over the forecast period owing to rising manufacturing activities across several economies worldwide, including China, Japan and Germany on account of increasing domestic consumption due to economic recovery from 2008-2009 along with robust industrial production in emerging markets such as Brazil, Mexico Indonesia etc., which provides ample opportunities for UGSCC providers globally.
Regional Analysis:
The North America market is expected to witness significant growth over the forecast period owing to increasing government investments in the development of utility systems. The growing need for reliable and continuous power supply in various industrial applications is anticipated to drive demand for utility system construction in this region.
Asia Pacific accounted for a revenue share of 23.1% in 2017, which can be attributed to rapid urbanization and industrialization across countries such as China, India, Indonesia, Malaysia and Thailand among others are expected to drive demand over the next eight years. In addition, favorable regulatory policies aimed at promoting investments through Public-Private Partnership (PPP) models are further anticipated fuel market growth during the forecast period.
Growth Factors:
- Increasing demand for electricity due to population growth and industrialization
- Government initiatives for infrastructure development
- Rising investments in renewable energy sources
- Development of smart grid technology
- Growing demand for energy efficiency
Scope Of The Report
Report Attributes
Report Details
Report Title
Utility System Construction Market Research Report
By Type
Infrastructure, Telecom, Other
By Application
Industrial, Business, Services, Other
By Companies
Qwest, American Tower, Mastec, Powerteam Services, Michels
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
190
Number of Tables & Figures
133
Customization Available
Yes, the report can be customized as per your need.
Global Utility System Construction Market Report Segments:
The global Utility System Construction market is segmented on the basis of:
Types
Infrastructure, Telecom, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Industrial, Business, Services, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Qwest
- American Tower
- Mastec
- Powerteam Services
- Michels
Highlights of The Utility System Construction Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Infrastructure
- Telecom
- Other
- By Application:
- Industrial
- Business
- Services
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Utility System Construction Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Utility system construction is the process of designing, constructing, and maintaining an infrastructure that provides essential services to a community. This includes everything from water supply and sanitation to transportation and energy.
Some of the major companies in the utility system construction market are Qwest, American Tower, Mastec, Powerteam Services, Michels.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Utility System Construction Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Utility System Construction Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Utility System Construction Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Utility System Construction Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Utility System Construction Market Size & Forecast, 2018-2028
4.5.1 Utility System Construction Market Size and Y-o-Y Growth
4.5.2 Utility System Construction Market Absolute $ Opportunity
Chapter 5 Global Utility System Construction Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Utility System Construction Market Size Forecast by Type
5.2.1 Infrastructure
5.2.2 Telecom
5.2.3 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Utility System Construction Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Utility System Construction Market Size Forecast by Applications
6.2.1 Industrial
6.2.2 Business
6.2.3 Services
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Utility System Construction Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Utility System Construction Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Utility System Construction Analysis and Forecast
9.1 Introduction
9.2 North America Utility System Construction Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Utility System Construction Market Size Forecast by Type
9.6.1 Infrastructure
9.6.2 Telecom
9.6.3 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Utility System Construction Market Size Forecast by Applications
9.10.1 Industrial
9.10.2 Business
9.10.3 Services
9.10.4 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Utility System Construction Analysis and Forecast
10.1 Introduction
10.2 Europe Utility System Construction Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Utility System Construction Market Size Forecast by Type
10.6.1 Infrastructure
10.6.2 Telecom
10.6.3 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Utility System Construction Market Size Forecast by Applications
10.10.1 Industrial
10.10.2 Business
10.10.3 Services
10.10.4 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Utility System Construction Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Utility System Construction Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Utility System Construction Market Size Forecast by Type
11.6.1 Infrastructure
11.6.2 Telecom
11.6.3 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Utility System Construction Market Size Forecast by Applications
11.10.1 Industrial
11.10.2 Business
11.10.3 Services
11.10.4 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Utility System Construction Analysis and Forecast
12.1 Introduction
12.2 Latin America Utility System Construction Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Utility System Construction Market Size Forecast by Type
12.6.1 Infrastructure
12.6.2 Telecom
12.6.3 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Utility System Construction Market Size Forecast by Applications
12.10.1 Industrial
12.10.2 Business
12.10.3 Services
12.10.4 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Utility System Construction Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Utility System Construction Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Utility System Construction Market Size Forecast by Type
13.6.1 Infrastructure
13.6.2 Telecom
13.6.3 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Utility System Construction Market Size Forecast by Applications
13.10.1 Industrial
13.10.2 Business
13.10.3 Services
13.10.4 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Utility System Construction Market: Competitive Dashboard
14.2 Global Utility System Construction Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Qwest
14.3.2 American Tower
14.3.3 Mastec
14.3.4 Powerteam Services
14.3.5 Michels
