New York, December 31, 2021 (GLOBE NEWSWIRE) – Reportlinker.com announces the publication of the report “Foundation, Structure, And Building Exterior Contractors Global Market Report 2022” – https://www.reportlinker.com/p06193653/? Utm_source = GNW
$ 72 billion in 2021 to $ 1,175.80 billion in 2022 at a compound annual growth rate (CAGR) of 10.1%. The growth is mainly driven by companies reorganizing their operations and recovering from the impact of COVID-19, which previously led to restrictive containment measures involving social distancing, remote working and the closure of business activities that have resulted in operational challenges. The market is expected to reach $ 1652.46 billion in 2026 at a CAGR of 8.9%.
The Foundation, Structural and Building Exterior Contractors market includes the sales of foundation, structural and building exterior contractor services and related goods by entities (organizations, sole proprietorships and partnerships) that perform the skilled trades necessary to complete the basic structure (i.e., frame and envelope) of buildings. The work performed may include new work, additions, modifications, maintenance and repairs.
The main types of exterior foundation, structure and building contractors market are excavation and demolition, roofing, concrete work, and water well drilling.
They drill irrigation wells, commercial or industrial wells and wells for residences not supplied by municipal water networks. The different service providers include big chains and independent contractors and are available in various modes, such as online and offline.
It is used in several applications including residential building construction, non-residential building construction, etc.
Asia Pacific was the largest region in the foundation, structure and building exterior contractor market in 2021. North America was the second largest region in the foundation, structure and building exterior contractor market.
The regions covered in this report are Asia Pacific, Western Europe, Eastern Europe, North America, South America, Middle East & Africa.
A rapidly growing urban population is expected to increase demand for new residential and commercial land, during the forecast period. will live in cities by 2050.
For example, great opportunities are expected to arise in Asian countries such as Indonesia, Vietnam, and the Philippines, which are becoming increasingly popular for export-oriented manufacturing. According to the World Bank, the urban population in South Asia is expected to increase by 250 million by 2030.
This rapid urbanization is expected to drive demand for new infrastructure and boost the market for exterior foundation, structure and building contractors during the forecast period.
The contractors offer building-integrated photovoltaic glazing (BIPV) technology for power generation. A BIPV system consists of solar cells or modules embedded in building elements or materials that are part of the building structure.
Traditionally used photovoltaic systems are found on roofs that have small areas. While BIPV photovoltaic cells are integrated directly into the cladding materials, shingles or windows allowing almost any component of the building, including the roof, facade, windows, awnings or balcony railings, to produce solar electricity.
Thus, buildings installed in BIPV can self-produce a greater part of their electricity from a free and clean source of energy. AGC Inc., Avenston Group, BELECTRIC, BiPVco and Canadian Solar are examples of companies working on building integrated photovoltaics.
Health and safety issues have always been a major concern in the foundation, structural and exterior building contractor industry. manually, handling hazardous substances, use of facilities and equipment, fire and exposure to live cables.
For example, according to 25 construction safety statistics for 2021, the US construction industry comprises 6% of American workers, but witnesses about 20% of fatalities, the highest number of fatalities compared to any other industry. Inadequate health and safety measures negatively impact the foundation, structure, building exterior contractor, and built environments, resulting in death, injury and illness.
Countries Covered In The Foundation, Structural And Buildings Exterior Contractors Market Report Are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia , Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria , Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, United Arab Emirates, United Kingdom, United States, Venezuela and Vietnam.
Read the full report: https://www.reportlinker.com/p06193653/?utm_source=GNW
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