PUBLISHER: Frost & Sullivan | PRODUCT CODE: 2165839
PUBLISHER: Frost & Sullivan | PRODUCT CODE: 2165839
Building Construction Market, Global, 2026-2031
The global building construction market is expected to grow steadily from $8.89 trillion in 2025 to $10.56 trillion by 2031, at a 2.9% CAGR, supported by urbanization, housing demand, industrial expansion, and investment in data centers, healthcare facilities, logistics hubs, and advanced manufacturing assets. While growth remains positive, the market is entering a more demanding environment characterized by higher financing costs, persistent labor shortages, supply chain volatility, and increasing regulatory requirements.
A major shift is underway as sustainability and digitalization become central to construction activity. Decarbonization policies, net-zero commitments, and stricter building-performance standards are accelerating investment in energy-efficient buildings, retrofits, electrification, and resilient infrastructure. At the same time, technologies such as artificial intelligence (AI), building information modelling (BIM), digital twins, robotics, automation, and modular construction are transforming project delivery by improving productivity, reducing delays, and addressing workforce constraints.
Regionally, Asia-Pacific (APAC) remains the largest market and primary growth contributor, driven by India, Southeast Asia, and continued industrial investment across the region. The Middle East and Africa (MEA) and Latin America (LATAM) are expected to record the strongest growth rates, supported by economic diversification, urban development, tourism projects, nearshoring activities, and digital infrastructure investments. Meanwhile, North America and Europe will see more moderate expansion, with increasing emphasis on building modernization, energy-efficiency upgrades, and specialized non-residential projects.
The competitive environment is highly fragmented. Future market leadership will increasingly depend on digital and AI capabilities, sustainability expertise, financial strength, ecosystem partnerships, and supply-chain resilience rather than scale alone. Companies that successfully integrate technology, sustainability, and execution excellence will be best positioned to capture emerging opportunities in a rapidly evolving built environment.
Table of Contents
Scope and Segmentation
- Scope of Analysis
- Segmentation by Building Type
- Segmentation by Region
Transformation in Building Construction
- Why Is It Increasingly Difficult to Grow?
- The Strategic Imperative 8TM
- The Impact of the Top 3 Strategic Imperatives on the Global Building Construction Industry
Growth Environment in Building Construction
- Growth Metrics
- Growth Environment
- Growth Opportunities
Ecosystem in Building Construction
- Competitive Environment
- Competitive Factors
- Key Competitors
Growth Generator in Building Construction
- Growth Drivers
- Growth Restraints
- Forecast Considerations
Revenue Forecast
- Revenue Forecast by Building Type
- Revenue Share by Building Type
- Revenue Forecast by Region
Revenue Share by Region
- Revenue Forecast Analysis
Growth Generator: North America
- Growth Metrics
Revenue Forecast
- Revenue Forecast by Building Type
- Revenue Share by Building Type
- Revenue Forecast by Region
- Revenue Share by Region
- Revenue Forecast Analysis: North America
- Market Snapshot: United States
- Market Snapshot: Canada
Growth Generator: Europe
- Growth Metrics
- Revenue Forecast
- Revenue Forecast by Building Type
- Revenue Share by Building Type
- Revenue Forecast by Region
- Revenue Share by Region
- Revenue Forecast Analysis: Europe
- Market Snapshot: UK
- Market Snapshot: Germany
- Market Snapshot: France
- Market Snapshot: Italy
- Market Snapshot: Spain
- Market Snapshot: Benelux
- Market Snapshot: The Nordics
- Market Snapshot: Rest of Europe
Growth Generator: APAC
- Growth Metrics
- Revenue Forecast
- Revenue Forecast by Building Type
- Revenue Share by Building Type
- Revenue Forecast by Region
- Revenue Share by Region
- Revenue Forecast Analysis: APAC
- Market Snapshot: China
- Market Snapshot: India
- Market Snapshot: Japan
- Market Snapshot: South Korea
- Market Snapshot: ANZ
- Market Snapshot: Indonesia
- Market Snapshot: Thailand
- Market Snapshot: Vietnam
- Market Snapshot: Rest of Southeast Asia
Growth Generator: MEA
- Growth Metrics
- Revenue Forecast
- Revenue Forecast by Building Type
- Revenue Share by Building Type
- Revenue Forecast by Region
- Revenue Share by Region
- Revenue Forecast Analysis: MEA
- Market Snapshot: UAE
- Market Snapshot: Saudi Arabia
- Market Snapshot: Qatar
- Market Snapshot: South Africa
- Market Snapshot: Egypt
- Market Snapshot: Nigeria
- Market Snapshot: Rest of MEA
Growth Generator: LATAM
- Growth Metrics
- Revenue Forecast
- Revenue Forecast by Building Type
- Revenue Share by Building Type
- Revenue Forecast by Region
- Revenue Share by Region
- Revenue Forecast Analysis: LATAM
- Market Snapshot: Brazil
- Market Snapshot: Mexico
- Market Snapshot: Argentina
- Market Snapshot: Chile
- Market Snapshot: Colombia
Growth Opportunity Universe in Building Construction
- Growth Opportunity 1: AI-Driven Industry-Specific Facilities
- Growth Opportunity 2: Electrification and Energy-Intelligent Buildings
- Growth Opportunity 3: AI-Powered Digital Construction Ecosystems
- Growth Opportunity 4: Climate-Resilient and Adaptive Buildings
- Growth Opportunity 5: Industrialized Construction and Robotics
Appendix & Next Steps
- Benefits and Impacts of Growth Opportunities
- Next Steps
- List of Exhibits
- Legal Disclaimer
