The specialty construction contractor industry includes establishments involved in performing specific activities such as pouring concrete, site preparation, plumbing, painting and electrical work related to construction of buildings. These establishments are not responsible for an entire construction project but perform activities such as new work, additions, alterations, maintenance and repairs on a contractual basis for the main builder or owner.
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https://www.thebusinessresearchcompany.com/report/specialty-trade-contractors-global-market-report-2018
The global specialty construction contractor market
has shown modest growth in the past years with a CAGR of just over 6%. The year
2017 recorded highest ever market value in this industry as per TBRC’s inhouse
consultants.
TBRC’s latest
report show the historic and future trends in the market for each year with
sourced reasons to support the growth claims.
The report also
shows the specialty trade contractors market to grow rapidly at a much higher
CAGR by 2021 as compared to 2017, along with geographies best suited for
investments with highest return rate.
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This high forecast growth can be attributed to the expected
increase in demand for specialty construction contractor services, due to
growing demand for infrastructure and housing, strong economic growth in
developing countries, rapid urbanization, rising disposable income, development
of new cities in emerging countries, and increasing government spending on
infrastructure globally.
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TBRC’s latest
report will cover in depth understanding and calculated impacts of each market
factor on a global as well as regional level, to analyze the best investment
strategy for this market.
Companies included in the report are Vinci SA, Acs, Actividades
De, Construcción Y Servicios, Quanta Services Inc., Kier Group, and Comfort
Systems USA, Inc.
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