Published on : Jan 16, 2018
Albany, New York, January 16, 2018: Market Research Hub (MRH) has recently included a new report to its wide database, which is named as ‘Civil Engineering - UK - January 2018.’ The report covers evaluation and information about the present and future market status of civil engineering in the UK. The report also provides information on the top competitors operating in the civil engineering sector in the United Kingdom. In addition to this, the report throws light on the qualitative and quantitative analysis of this market. The report includes the market dynamics, key trends and opportunities in UK’s civil engineering sector. Market size and forecast of the civil engineering sector in the UK are also mentioned in this report.
Introduction to the Market
The manner in which companies acquire civil engineering firms to provide work is varying, mainly in the utilities sector. The last few years have witnessed a rising number of civil engineering firms entering into long-term alliances and partnerships with consumers as utility corporations look to formulate more collective dealings with traders. Associations that last longer than the governing price control period are also becoming common. Increasing collaboration will help in maintaining relationships with suppliers, as they facilitate the distribution of efficient solutions, which will simultaneously help in developing innovation in these industries. This change is backed by regulatory changes and enables these companies such as Ofgem and Ofwat to devise long-terms business strategies.
Major Highlights from the Report
The report commences with an overview of the various civil engineering companies operating in the United Kingdom. The railways sector and the electricity sector were expected to boost the civil engineering construction projects in 2017. The report asserts that the overall outlook for the civil engineering sector will remain positive over the next five years, which is further reinforced by renewed commitment by the government. The report offers analysis of the civil engineering sector by type of activities and number of companies. The report further reveals the potential implications of Brexit on the civil engineering sector in the UK. The implications of Brexit on United Kingdom’s water and sewerage sector, the Revised Bathing Water Directive, the drinking water directive, new government policies required to achieve long-term emission reduction goals etc. are also covered in this study. The report further analyzes the various initiatives of the government of the United Kingdom to tackle climate change. The UK government is further committed to reducing carbon emissions by 80% in the next few years. Several industry regulations implemented by the government of the United Kingdom are major influencers of revenue growth of the civil engineering sector in the UK.
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