Specialty Construction Contractors Market Global Briefing 2017

Sep 2017| MKB196A| TBRC (Publisher)

Report Highlights

Including: Building Equipment Contractors, Building Finishing Contractors, Foundation, Structure, and Building Exterior Contractors, and Other Specialty Trade Contractors.

Covering: Vinci SA, Grupo ACS, Quanta Services Inc., Kier Group, Interserve, Comfort Systems USA, Inc., Balfour Beatty, Morgan Sindall,Baker Concrete Construction Inc.Ceco Concrete Construction Delaware, L.L.C.

Research Methodology

The report is built on information collected through secondary sources and analysis done by The Business Research Company (TBRC). The secondary sources include the data published by statistical bodies, government agencies, market intelligence databases and annual reports. Insights on the current market scenario, historic and forecast market drivers were gathered from industry reports and news articles.

Note on Market Numbers

Market value is defined as the revenues earned by organizations for products and services within the specified market. The break down by geography is revenue generated within the specific industry by organizations in the specified geography, irrespective of where they are produced.

The specialty trade contractors 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.
This industry is further classified as – i) Foundation, Structure And Building Exterior Contractors, ii) Building Equipment Contractors, iii) Building Finishing Contractors and iv) Other Specialty Trade Contractors

The global specialty trade contractors construction market was estimated to be around $3426 billion as of 2016. The global specialty trade contractors construction made up around 22% of the overall construction market in 2016. The specialty trade contractors construction market was the smallest market in the global construction market in 2016.

Prefabrication Of Construction Projects - Specialty trade contractors are using prefabrication techniques to optimize construction process and reduce construction time.  Prefabrication refers to construction of building elements off-site. Prefabrication enhances quality control, improves consistency, reduces risks and helps in mitigating safety hazards. Bathroom pods, headwalls, pipe racks and assemblies, raceways and conduit banks and junction boxes are some of the prefabricated components being used by electrical and plumbing contractors. According to the 2012 Productivity Survey by FMI, a US-based management consulting firm, about 69% of construction contractors used prefabrication in their projects.  Integrated Electrical Services (IES) Inc., one of the largest electrical contractors in the U.S., is developing and using prefabricated electrical systems in its construction projects.

  • Table 1 : Global Specialty Construction Contractors Market, Historic Market Size, 2012-2016
  • Table 2 : Global Specialty Construction Contractors Market, Forecast Market Size, 2016 – 2020
  • Table 3 : Global Specialty Construction Contractors Market, Split By Region, 2016
  • Table 4 : Global Specialty Construction Contractors Market, Historic And Forecast Growth Rate, Split By Region, 2012-2020
  • Table 5 : Global Specialty Construction Contractors Market, Historic And Forecast Growth Rate, Split By Country, 2012-2020
  • Table 6 : Global Specialty Construction Contractors Market, Key Competitor Market Shares, 2016
  • Figure 1 : Global Specialty Construction Contractors Market, Historic Market Size, 2012-2016
  • Figure 2 : Global Specialty Construction Contractors Market, Forecast Market Size, 2016 – 2020
  • Figure 3 : Global Specialty Construction Contractors Market, Split By Region, 2016
  • Figure 4 : Global Specialty Construction Contractors Market, Historic And Forecast Growth Rate, Split By Region, 2012-2020
  • Figure 5 : Global Specialty Construction Contractors Market, Historic And Forecast Growth Rate, Split By Country, 2012-2020
  • Figure 6 : Global Specialty Construction Contractors Market, Key Competitor Market Shares, 2016

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