The Foundation, Structure, And Building Exterior Contractors Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Foundation, Structure, And Building Exterior Contractors Global Market Report 2024, The foundation, structure, and building exterior contractors market size has grown steadily in recent years. It will grow from $1156.85 billion in 2023 to $1203.93 billion in 2024 at a compound annual growth rate (CAGR) of 4.1%. The growth in the historic period can be attributed to growth in construction, infrastructure development, government policies and regulations, real estate market dynamics, environmental considerations.
The foundation, structure, and building exterior contractors market size is expected to see steady growth in the next few years. It will grow to $1450.61 billion in 2028 at a compound annual growth rate (CAGR) of 4.8%. The growth in the forecast period can be attributed to resilient and sustainable construction, renewable energy construction, infrastructure renewal initiatives, population migration patterns, adaptation to climate change. Major trends in the forecast period include digitalization in construction, smart building technologies, technological advancements in construction, prefabrication and modular construction, focus on resilient infrastructure.
A rapidly growing urban population is expected to increase the demand for new residential and commercial land during the forecast period. According to the UN World Urbanization Prospects report, globally, it is projected that more than two-thirds (60%) of the world’s population will be living in cities by 2050. For instance, large 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 grow by 250 million by 2030. This rapid urbanization is expected to boost the demand for new infrastructure and drive the foundation, structure, and building exterior contractors market during the forecast period.
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The foundation, structure, and building exterior contractors market covered in this report is segmented –
1) By Type: Excavation And Demolition, Roofing, Concrete Work, Water Well Drilling
2) By Service Provider: Large Chain Companies, Independent Contractors
3) By Mode: Online, Offline
4) By Application: Residential Building Construction, Nonresidential Building Construction, Other Applications
Contractors are offering building-integrated photovoltaic (BIPV) glazing technology for the generation of electricity. A BIPV system consists of solar cells or modules that are integrated into building elements or materials as part of the building structure. Traditionally, photovoltaic systems are found on rooftops that have small surface areas. Whereas BIPV photovoltaic cells are integrated directly into cladding materials, shingles or windows, enabling almost any building component, including the roof, façade, windows, canopies, or balcony railings, to generate solar electricity. Thus, BIPV-installed buildings can self-generate a larger portion of their electricity from a free and clean energy source. AGC Inc., Avenston Group, BELECTRIC, BiPVco, and Canadian Solar are examples of companies working on building-integrated photovoltaics.
The foundation, structure, and building exterior contractors market report table of contents includes:
1. Executive Summary
2.Foundation, Structure, And Building Exterior Contractors Market Characteristics
3.Foundation, Structure, And Building Exterior Contractors Market Trends And Strategies
4. Foundation, Structure, And Building Exterior Contractors Market analysis
5. Foundation, Structure, And Building Exterior Contractors Market Size And Growth
6. Foundation, Structure, And Building Exterior Contractors Segmentation
7. Foundation, Structure, And Building Exterior Contractors Regional And Country Analysis
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27.Foundation, Structure, And Building Exterior Contractors Competitive Landscape And Company Profiles
28.Foundation, Structure, And Building Exterior Contractors Key Mergers And Acquisitions
29.Foundation, Structure, And Building Exterior Contractors Future Outlook and Potential Analysis
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