October 2025 APCA MARKET PENETRATION RESEARCH www.ContinuumCapital.net Market Size by Spending Conclusions (1 of 2) Construction Put In Place spending will accelerate during 2027 and 2028 at the end of the forecast timeline. Gas distribution will continue slow and stable growth with greater support from the Trump administration. Transmission and pipeline activity will accelerate more aggressively, particularly at the end of the forecast timeline and are divers of the projected growth. 74
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