Press release
Site Preparation Contractors Market Size, Share And Global Forecast 2023-2032
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032Site Preparation Contractors Market Size, Growth Rate, And Forecast:
The global site preparation contractors market size is expected to grow from $276.88 billion in 2022 to $302.88 billion in 2023 at a compound annual growth rate (CAGR) of 9.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global site preparation contractors market size is expected to reach $404.75 billion in 2027 at a CAGR of 7.5%.
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Site Preparation Contractors Market Drivers:
The increasing construction spending is expected to propel the growth of the site preparation contractor market going forward. Construction spending is an economic indicator that tracks monthly expenses on new construction and includes a variety of construction-related expenditures such as manpower, materials, and infrastructure work. As the need for new construction projects increases, the construction spending increases, creating more opportunities for site preparation contractors. Additionally, rapid urbanization has also favored increased construction spending.
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Site Preparation Contractors Market Segments
•By Product: Walk Behind Tillers, Handheld Trimmers, Handheld Augers
•By Equipment: Excavators, Loaders, Dump Trucks, Other Equipment
•By Application: Industrial, Business, Services, Other Applications
•By End-User: Residential, Non-Residential
•By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the site preparation contractors market.
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Site Preparation Contractors Market Key Players:
Major competitors in the site preparation contractors market include D H Griffin Wrecking Co Inc, Angel Brothers Enterprises Ltd, Plateau Excavation Inc, Bristol Site Contractors LLC, Penhall International Corp, Sherwood Construction Co Inc, Supreme Group Inc, Manafort Brothers Incorporated, Phillips & Jordan (P&J) Inc., Ground Construction Ltd., Keller Inc., Keltbray Ltd., Controlled Demolition Inc., Modern Corporation, and Phillips & Jordan Inc.
The Business Research Company's "Global Site Preparation Contractors Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Site Preparation Contractors Market Include:
1. Executive Summary
2. Site Preparation Contractors Market Characteristics
3. Site Preparation Contractors Market Trends And Strategies
4. Site Preparation Contractors Market - Macro Economic Scenario
5. Site Preparation Contractors Market Size And Growth
....
26. Africa Site Preparation Contractors Market
27. Site Preparation Contractors Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Site Preparation Contractors Market
29. Site Preparation Contractors Market Future Outlook and Potential Analysis
30. Appendix
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