Overview of the forecast period 2022-2031 of the global heavy construction and civil engineering market

Global Heavy Construction and Civil Engineering Market Report 2022 – Global Market Size, Trends and Forecast 2022-2026

Global Heavy Construction and Civil Engineering Market report by TBRC covers market size, drivers, restraints, key players and impact of COVID-19.

LONDON, GREATER LONDON, United Kingdom, Aug. 29, 2022 /EINPresswire.com/ — According to The Business Research Company’s “Global Civil and Heavy Engineering Construction Market Report 2022”, the engineering construction market civil and heavy is projected to grow from $1,742.92 billion in 2021 to $1,921.67 billion in 2022 at a compound annual growth rate (CAGR) of 10.3%.Growth in the global heavy and heavy construction market of civil engineering is mainly due to companies reorganizing their operations and recovering from the impact of COVID-19, which had previously led to restrictive containment measures involving social distancing, remote working and the closure of commercial activities which have resulted in operational challenges.The heavy construction and civil engineering market is expected to reach USD 2733.35 billion by 2026 at a CAGR of 9.2%.Technological development will drive the growth of construction. heavy and civil engineering over the forecast period.

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Main trends in the heavy construction and civil engineering market
Offshore productivity or marine contractor productivity has increased in recent years due to better automation and monitoring technologies. This increase in productivity is particularly seen in dredging, land reclamation and offshore oil rig construction, and can be attributed to improvements in mechanical technology, automation and better monitoring of offshore construction projects.

Overview of the civil and heavy engineering construction market
The heavy construction and civil engineering market includes sales of heavy construction and civil engineering services and related goods by entities (organizations, sole proprietorships and partnerships) that undertake heavy construction and civil engineering projects (eg highways and dams) and by specialist contractors. , whose main activity is the production of a specific component for such projects. Work performed may include new work, additions, alterations, or maintenance and repair work. Sales revenue from construction projects involving water resources (eg, dredging and land drainage) and projects involving the improvement of open spaces (eg, parks and trails) are included in this market. Establishments primarily engaged in the subdivision of land into individual building lots generally engage in a variety of additional site improvement activities (for example, construction of roads and installation of utility lines) and their sales revenue are included in this market.

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TBRC Global Heavy Construction and Civil Engineering Market Report 2022 covers the following insights:

Market Size Data
Forecast period: historical and future
By region: Asia-Pacific, China, Western Europe, Eastern Europe, North America, United States, South America, Middle East and Africa.
By country: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, United Kingdom, USA.

Market segmentation
By type: construction of utility networks, construction of highways, streets and bridges, other civil and civil engineering works
By organization size: large enterprises, small and medium enterprises
Sub-segments covered: construction of water and sewer pipelines and related structures, construction of oil and gas pipelines and related structures, construction of power and communication lines and related structures, construction of roads and highways, bridges and tunnels, other highways, streets and bridges construction, marine and ports Construction, construction of railways, construction of dykes, all other civil and heavy constructions
By Geography: The global heavy construction and civil engineering market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia-Pacific holds the largest market share.

Major market players such as China Railway Group Ltd., China Railway Construction Corporation Limited, China Communications Construction Co., Ltd., China State Construction Engineering Corporation Ltd., Power Construction Corporation of China.

Trends, opportunities, strategies and much more.

The Global Civil and Heavy Engineering Construction Market Report 2022 is one of the comprehensive reports by The Business Research Company that provides an overview of the global Civil and Heavy Engineering Construction Market. The market report gives an analysis of the heavy and civil engineering construction market, the global heavy and civil engineering construction market size, the global heavy and civil engineering construction market share, growth drivers of the heavy and civil engineering construction market, heavy and civil engineering construction market segments, heavy and civil works. the major players in the engineering construction market, the growth of the civil and heavy engineering construction market in all geographies, and the revenue and market positioning of competitors in the global civil engineering construction market and heavy. The Heavy Construction and Civil Engineering market report allows you to gain insight into opportunities and strategies, as well as identify countries and segments with the highest growth potential.

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