PUBLISHER: IMARC | PRODUCT CODE: 1722924
PUBLISHER: IMARC | PRODUCT CODE: 1722924
The global civil engineering market size was valued at USD 9.9 Trillion in 2024. Looking forward, IMARC Group estimates the market to reach USD 14.8 Trillion by 2033, exhibiting a CAGR of 4.61% from 2025-2033. Asia-Pacific currently dominates the market, holding a market share of over 33.7% in 2024. The global civil engineering market share is expanding, driven by increasing investments in residential and commercial construction projects, encouraging the usage of reliable solutions, along with the rising adoption of sustainability, enabling companies to develop energy-efficient civil engineering products.
Civil engineering refers to the professional practice of planning, designing, building, and maintaining different structures. It is employed in the aerospace industry for designing jetliners, airports, and space stations. It also finds application in the automotive industry for perfecting the load-carrying capacity of a chassis and improving the crashworthiness of bumpers and doors. Nowadays, there is a considerable rise in the need for civil engineers to set up schools, hospitals, private offices, waterways, harbors, seaports, residential structures, and power supply, drinking water, and energy systems across the globe.
With inflating disposable incomes, rapid urbanization and escalating global population, there is a significant rise in the demand for luxury residential properties. This represents one of the vital factors bolstering the civil engineering market growth. Moreover, governments of numerous countries are undertaking projects to develop smart cities and improve existing infrastructure, which is positively influencing the market. Apart from this, several civil engineering companies are adopting connected construction and modularization strategies through innovative technologies to boost operational efficiency and improve productivity. Furthermore, the leading players are entering into public-private partnerships (PPP) to target different business models and accelerate the shift toward digital transformation in construction activities. They are also incorporating advanced materials, such as durable, high-strength concrete, geosynthetics, geotextiles, fire-resistant timbers, and self-healing items. This is anticipated to increase the application of civil engineering in the oil and gas, chemical, power and utility industries around the world.
The competitive landscape of the industry has also been examined along with the profiles of the key players being ACS Actividades de Construccion y Servicios S.A., AECOM, Fluor Corporation, Hyundai Engineering and Construction Co. Ltd. (Hyundai Motor Company), Jacobs Engineering Group Inc., Laing O'Rourke, Power Construction Corporation of China Ltd., Royal BAM Group nv, Saipem S.p.A. (Eni S.p.A.), Strabag SE (Basalt-Actien-Gesellschaft), Tetra Tech Inc. and Vinci SA.