Architectural Services Market by Service Type, End-user

Description

List of Tables

[181 Pages Report] The Architectural Services Market size was estimated at USD 379.38 billion in 2023 and expected to reach USD 400.33 billion in 2024, at a CAGR 5.40% to reach USD 548.54 billion by 2030.

The architectural services encompass a wide range of professional consulting services related to the design, planning, construction, and management of buildings and other constructed spaces. These services include architectural design, master planning, feasibility studies, engineering coordination, project management, cost estimation, building systems integration, and sustainability consulting. Increasing demand for sustainable designs due to rising environmental awareness is driving innovation in materials and construction techniques. Furthermore, rapid urbanization and a growing population require more housing units and infrastructures that necessitate architectural services. Higher cost for architectural designing and planning is hampering market growth. The rising integration of digital technologies, such as building information modeling software, to streamline project management processes, which enhances collaboration among stakeholders, leading to improved efficiency, is expected to create opportunities for market growth.

KEY MARKET STATISTICS
Base Year [2023]	USD 379.38 billion
Estimated Year [2024]	USD 400.33 billion
Forecast Year [2030]	USD 548.54 billion
CAGR (%)	5.40%

Service Type: Expanding usage of construction & project management services to streamline construction processes

Architectural advisory services provide clients with expert guidance and recommendations on building design, sustainable architecture, and best industry practices. These services are preferred by clients who need assistance in conceptualizing ideas or those looking to renovate their property. Construction & project management services involve overseeing building projects from inception to completion while ensuring timely delivery within budget constraints. Clients prefer these services when they lack the necessary resources or expertise to manage a project on their own. Engineering services include structural engineering for buildings' stability and safety, mechanical, electrical, and plumbing engineering for efficient systems integration, and environmental engineering for energy-efficient designs meeting regulatory requirements. Interior design services entail creating functional and aesthetically pleasing spaces that reflect clients' brand identity and values. These services are often sought by clients looking to enhance their property's visual appeal and when designing new commercial and residential structures. Urban planning services focus on strategizing sustainable development while balancing economic growth, social equity, and environmental conservation within urban areas.

End-user: Increasing application of architectural services in the commercial sector to promote efficient operations and attract customers

In the commercial end-user segment, architectural services cater to office spaces, retail stores, hotels, and other commercial establishments. The primary need-based preference for this category is designing functional and aesthetic spaces that promote efficient operations and attract customers. Additionally, sustainability and energy efficiency are becoming more crucial in this sector as businesses aim to minimize their carbon footprint. The industrial end-user segment focuses on factories, warehouses, and other large-scale production facilities. The primary need-based preferences in this sector include optimizing workflow processes, ensuring safety compliance, and building robust structures capable of withstanding harsh environments. The residential end-user segment deals with designing and building homes, condominiums, and apartment complexes. The primary need-based preferences in this sector are creating comfortable living spaces that cater to individuals' tastes and lifestyles while maximizing space utilization.

Regional Insights

The architectural services market in the Americas is experiencing a significantly increasing landscape in the Americas region owing to the expanding technology use in the ongoing construction projects in countries such as the U.S. and Canada. Integration of smart building technology and government initiatives to support the rising demand for commercial and residential structures is fueling market growth in the region. The increasing emphasis on green building construction is adding to the growth of architectural services in the Asia-Pacific to reduce carbon emissions and assist in adopting energy-efficient buildings. The International Finance Corporation (IFC) has launched a new initiative called Excellence in Design for Greater Efficiencies (EDGE), its certification process for builders to enhance their designs and products to advance green building construction in Asia's real estate markets. In EMEA countries, there is a strong local demand for architectural services due to rapid development related to infrastructure projects, particularly in EU countries such as Germany, France, and the UK. In this region, there is an emphasis on historic preservation and adaptive reuse of buildings that reflect cultural heritage. Smart buildings are becoming increasingly popular in the economies of Europe as the countries aim to adopt innovative building technologies to reduce energy consumption and GHG emissions, upholding sustainable goals and creating a platform for the architectural services market.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Architectural Services Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Architectural Services Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Architectural Services Market, highlighting leading vendors and their innovative profiles. These include AECOM, Aedas, Arcadis N.V., Australian Design & Drafting Services company, Bechtel Corporation, BluEntCAD, CallisonRTKL Inc., CannonDesign, DP Architects, Excel Project Solutions, Fluor Corporation, Foster + Partners, Gensler, Hardlines Design Company, HDR, Inc., HKS Inc., HOK Group, Inc., Jacobs Solutions Inc., Mott MacDonald, Nikken Sekkei Ltd., PCL Constructors Inc., Perkins + Will, Stantec Inc., Worley, and WSP Global Inc..

Market Segmentation & Coverage

This research report categorizes the Architectural Services Market to forecast the revenues and analyze trends in each of the following sub-markets:

Service Type
- Architectural Advisory Services
- Construction & Project Management Services
- Engineering Services
- Interior Design Services
- Urban Planning Services

End-user
- Commercial
- Industrial
- Residential

Region
- Americas
  - Argentina
  - Brazil
  - Canada
  - Mexico
  - United States
    - California
    - Florida
    - Illinois
    - New York
    - Ohio
    - Pennsylvania
    - Texas
- Asia-Pacific
  - Australia
  - China
  - India
  - Indonesia
  - Japan
  - Malaysia
  - Philippines
  - Singapore
  - South Korea
  - Taiwan
  - Thailand
  - Vietnam

Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.

2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.

3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.

4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.

5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Architectural Services Market?

2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Architectural Services Market?

3. What are the technology trends and regulatory frameworks in the Architectural Services Market?

4. What is the market share of the leading vendors in the Architectural Services Market?

5. Which modes and strategic moves are suitable for entering the Architectural Services Market?

Product Code: MRR-E2165285797D

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Rising residential and commercial construction activities
  - 5.1.1.2. Benefits associated with outsourcing architectural services
  - 5.1.1.3. Need for managing building sustainability
- 5.1.2. Restraints
  - 5.1.2.1. Higher cost for architectural designing and planning
- 5.1.3. Opportunities
  - 5.1.3.1. Government projects for public and private sector building renovation
  - 5.1.3.2. Growing popularity of smart homes and smart city developments
- 5.1.4. Challenges
  - 5.1.4.1. Lack of control in architecture designing and administration
5.2. Market Segmentation Analysis
- 5.2.1. Service Type: Expanding usage of construction & project management services to streamline construction processes
- 5.2.2. End-user: Increasing application of architectural services in the commercial sector to promote efficient operations and attract customers
5.3. Market Disruption Analysis
5.4. Porter's Five Forces Analysis
- 5.4.1. Threat of New Entrants
- 5.4.2. Threat of Substitutes
- 5.4.3. Bargaining Power of Customers
- 5.4.4. Bargaining Power of Suppliers
- 5.4.5. Industry Rivalry
5.5. Value Chain & Critical Path Analysis
5.6. Pricing Analysis
5.7. Technology Analysis
5.8. Patent Analysis
5.9. Trade Analysis
5.10. Regulatory Framework Analysis

6. Architectural Services Market, by Service Type

6.1. Introduction
6.2. Architectural Advisory Services
6.3. Construction & Project Management Services
6.4. Engineering Services
6.5. Interior Design Services
6.6. Urban Planning Services

7. Architectural Services Market, by End-user

7.1. Introduction
7.2. Commercial
7.3. Industrial
7.4. Residential

8. Americas Architectural Services Market

8.1. Introduction
8.2. Argentina
8.3. Brazil
8.4. Canada
8.5. Mexico
8.6. United States

9. Asia-Pacific Architectural Services Market

9.1. Introduction
9.2. Australia
9.3. China
9.4. India
9.5. Indonesia
9.6. Japan
9.7. Malaysia
9.8. Philippines
9.9. Singapore
9.10. South Korea
9.11. Taiwan
9.12. Thailand
9.13. Vietnam

10. Europe, Middle East & Africa Architectural Services Market

10.1. Introduction
10.2. Denmark
10.3. Egypt
10.4. Finland
10.5. France
10.6. Germany
10.7. Israel
10.8. Italy
10.9. Netherlands
10.10. Nigeria
10.11. Norway
10.12. Poland
10.13. Qatar
10.14. Russia
10.15. Saudi Arabia
10.16. South Africa
10.17. Spain
10.18. Sweden
10.19. Switzerland
10.20. Turkey
10.21. United Arab Emirates
10.22. United Kingdom

11. Competitive Landscape

11.1. Market Share Analysis, 2023
11.2. FPNV Positioning Matrix, 2023
11.3. Competitive Scenario Analysis
- 11.3.1. RSK Group acquires innovative South West England architecture company
- 11.3.2. Sweco completes acquisition of VK architects+engineers in Belgium
- 11.3.3. CPL enters partnership with Tampa architectural firm
11.4. Strategy Analysis & Recommendation

12. Competitive Portfolio

12.1. Key Company Profiles
12.2. Key Product Portfolio