Global Construction Market Research Report by Type of Construction, by End-Use Sector, and by Type of Contractor Forecast till 2035

Description

List of Tables

Global Construction Market Research Report by Type of Construction (Buildings Construction, Heavy and Civil Engineering Construction, Specialty Trade Contractors, Land Planning and Development), by End-Use Sector (Private, Public), and by Type of Contractor (Large Contractor, Small Contractor) Forecast till 2035

Industry Overview

In 2024, the construction market reached USD 12,878.29 million and is projected to expand at a CAGR of 4.23% between 2025 and 2030. Construction refers to the creation of physical structures through coordinated efforts of design, engineering, and labor. It includes all activities from planning and material selection to the final completion of buildings and infrastructure.

A major contributor to the burgeoning global construction industry is the increase in government-sponsored infrastructure and smart city projects. Countries worldwide are targeting substantial investments in transportation networks, renewable energy systems, and urban digitalization projects. Initiatives such as the U.S. Infrastructure Investment and Jobs Act and India's Smart Cities Mission are transforming urban landscapes, driving innovation, and ensuring steady demand for construction, engineering, and technology integration services globally.

Major Company Development

Significant Corporate Development On January 7, 2025, Lennar Corporation finalized the acquisition of the seven subsidiaries of Rausch Coleman Homes, which considerably expands Lennar's housing operations in the United States. The acquisition allows Lennar to extend its footprint to markets located in Arkansas, Oklahoma, Alabama, and Kansas through Missouri while solidifying its established position in Texas and Florida. This move aligns with Lennar's goal of strengthening its position in affordable residential construction and broadening regional growth opportunities.

Key Players

Major competitors in the global construction market are Bouygues S.A., Power Construction Corporation of China, ACS Group, D.R. Horton, Inc., Lennar Corporation, Larsen & Toubro Limited, CIMIC Group Limited, CapitaLand Group Pte. Ltd, Shimizu Corporation, and Lendlease Group.

Report Attribute Details

Market Size 2024: USD 12,878.29 Million
CAGR (2025-2030): 4.23%
Base Year: 2024
Market Forecast Period: 2025-2035

Industry Segmentations

By Type of Construction: Buildings Construction - 4.27%, Heavy and Civil Engineering Construction - 4.01%.
By End-Use Sector: Private - 4.00%, Public - 4.86%.
By Type of Contractor: Large Contractor - 4.09%, Small Contractor - 4.56%.

Regional Analysis

North America's construction industry remains strong, supported by a strong backlog of public investment and a solid private development pipeline. The United States alone accounts for greater than 80% of the market share in North America, primarily resulting from the passage of the $1.2 trillion Infrastructure Investment and Jobs Act. The construction industry in North America continues to grow, supported by robust U.S. housing demand and infrastructure upgrades across Canada.

Europe continues to develop its construction base around sustainability and digital transformation initiatives. In 2024, the estimated construction industry sales will be $3.2 trillion. Growth will be further encouraged by green housing initiatives, renewable energy employment, and expansion of urban transportation systems through the European Green Deal. Europe witnesses moderate growth as countries like Germany, the UK, and France emphasize green building initiatives and urban renewal.

Asia Pacific stands as the champion of global construction activity driven by the rapid pace of urbanization, infrastructure renewal, and industrial activity. Valued at more than USD 6.5 trillion in 2024, the region benefits from large-scale initiatives such as China's Belt and Road projects and India's Housing for All program. APAC leads globally, with China's large-scale construction projects and Japan's innovation-driven infrastructure expansion fueling the market.

Latin America's construction landscape is gradually stabilizing as infrastructure reforms and foreign investments drive new activity. Brazil remains the key market, supported by federal housing initiatives and energy diversification projects, while Chile and Colombia emphasize sustainable housing and social infrastructure.

The Middle East & Africa construction market is thriving on ambitious national visions and infrastructure diversification. Saudi Arabia and the UAE are leading the charge with giga-projects like NEOM, The Line, and the Red Sea Project, focusing on tourism, smart cities, and renewable energy. In Africa, nations such as Egypt and Kenya are prioritizing housing, power, and transportation to meet urban demand.

Product Code: MRFR/CO/14538-HCR

1 EXECUTIVE SUMMARY

2 MARKET INTRODUCTION

2.1 DEFINITION
2.2 SCOPE OF THE STUDY
2.3 RESEARCH OBJECTIVE
2.4 MARKET STRUCTURE
2.5 KEY BUYING CRITERIA

3 RESEARCH METHODOLOGY

3.1 OVERVIEW
3.2 DATA FLOW
- 3.2.1 DATA MINING PROCESS
3.3 PURCHASED DATABASE:
3.4 SECONDARY SOURCES:
- 3.4.1 SECONDARY RESEARCH DATA FLOW:
3.5 PRIMARY RESEARCH:
- 3.5.1 PRIMARY RESEARCH DATA FLOW:
- 3.5.2 PRIMARY RESEARCH: NUMBER OF INTERVIEWS CONDUCTED
- 3.5.3 PRIMARY RESEARCH: REGIONAL COVERAGE
3.6 APPROACHES FOR MARKET SIZE ESTIMATION:
- 3.6.1 CONSUMPTION & NET TRADE APPROACH
- 3.6.2 REVENUE ANALYSIS APPROACH
3.7 DATA FORECASTING
- 3.7.1 DATA FORECASTING TECHNIQUE
3.8 DATA MODELING
- 3.8.1 MICROECONOMIC FACTOR ANALYSIS:
- 3.8.2 DATA MODELING:
3.9 TEAMS AND ANALYST CONTRIBUTION

4 MARKET DYNAMICS

4.1 INTRODUCTION
4.2 DRIVERS
- 4.2.1 RISING URBANIZATION FUELING DEMAND FOR RESIDENTIAL AND COMMERCIAL PROJECTS
- 4.2.2 GOVERNMENT INVESTMENTS BOOSTING INFRASTRUCTURE AND SMART CITY DEVELOPMENTS
4.3 RESTRAINTS
- 4.3.1 RISING RAW MATERIAL COSTS IMPACT OVERALL CONSTRUCTION PROJECT BUDGETS
- 4.3.2 STRINGENT ENVIRONMENTAL REGULATIONS INCREASE OPERATIONAL COMPLIANCE COSTS
4.4 OPPORTUNITY
- 4.4.1 GREEN BUILDING PRACTICES ARE CREATING NEW SUSTAINABLE CONSTRUCTION OPPORTUNITIES
- 4.4.2 TECHNOLOGICAL ADVANCEMENTS ARE ENHANCING PRODUCTIVITY AND PROJECT MANAGEMENT EFFICIENCY
4.5 IMPACT ANALYSIS OF COVID - 19
- 4.5.1 IMPACT ON OVERALL CONSTRUCTION
- 4.5.2 IMPACT ON GLOBAL CONSTRUCTION MARKET
- 4.5.3 IMPACT ON SUPPLY CHAIN OF CONSTRUCTION MARKET
- 4.5.4 IMPACT ON MARKET DEMAND OF CONSTRUCTION MARKET
- 4.5.5 IMPACT ON PRICING OF CONSTRUCTION MARKET

5 MARKET FACTOR ANALYSIS

5.1 SUPPLY CHAIN ANALYSIS
- 5.1.1 RAW MATERIAL SUPPLIERS AND MANUFACTURERS
- 5.1.2 LOGISTICS AND DISTRIBUTION CHANNELS
- 5.1.3 CONSTRUCTION CONTRACTORS AND SUBCONTRACTORS
- 5.1.4 END-CONSUMERS AND REAL ESTATE DEVELOPMENT
5.2 PORTER'S FIVE FORCES MODEL
- 5.2.1 THREAT OF NEW ENTRANTS
- 5.2.2 BARGAINING POWER OF SUPPLIERS
- 5.2.3 THREAT OF SUBSTITUTES
- 5.2.4 BARGAINING POWER OF BUYERS
- 5.2.5 INTENSITY OF RIVALRY

6 GLOBAL CONSTRUCTION MARKET, BY TYPE OF CONSTRUCTION

6.1 INTRODUCTION
6.2 BUILDINGS CONSTRUCTION
6.3 HEAVY AND CIVIL ENGINEERING CONSTRUCTION
6.4 SPECIALTY TRADE CONTRACTORS
6.5 LAND PLANNING AND DEVELOPMENT

7 GLOBAL CONSTRUCTION MARKET, BY END-USE SECTOR

7.1 INTRODUCTION
7.2 PRIVATE
7.3 PUBLIC

8 GLOBAL CONSTRUCTION MARKET, BY TYPE OF CONTRACTOR

8.1 INTRODUCTION
8.2 LARGE CONTRACTOR
8.3 SMALL CONTRACTOR

9 GLOBAL CONSTRUCTION MARKET, BY REGION

9.1 OVERVIEW
9.2 NORTH AMERICA
- 9.2.1 US
- 9.2.2 CANADA
9.3 EUROPE
- 9.3.1 GERMANY
- 9.3.2 UK
- 9.3.3 FRANCE
- 9.3.4 RUSSIA
- 9.3.5 ITALY
- 9.3.6 SPAIN
- 9.3.7 REST OF EUROPE
9.4 ASIA PACIFIC
- 9.4.1 CHINA
- 9.4.2 INDIA
- 9.4.3 JAPAN
- 9.4.4 SOUTH KOREA
- 9.4.5 MALAYSIA
- 9.4.6 THAILAND
- 9.4.7 INDONESIA
- 9.4.8 REST OF ASIA-PACIFIC
9.5 SOUTH AMERICA
- 9.5.1 BRAZIL
- 9.5.2 MEXICO
- 9.5.3 ARGENTINA
- 9.5.4 REST OF SOUTH AMERICA
9.6 MIDDLE EAST & AFRICA
- 9.6.1 GCC COUNTRIES
- 9.6.2 SOUTH AFRICA
- 9.6.3 REST OF MIDDLE EAST & AFRICA

10 COMPETITIVE LANDSCAPE

10.1 COMPETITIVE OVERVIEW
10.2 MAJOR PLAYERS IN THE GLOBAL CONSTRUCTION MARKET
10.3 MAJOR PLAYERS IN TERMS OF MARKET DISRUPTORS & INNOVATORS
10.4 COMPETITIVE BENCHMARKING
10.5 STRATEGIES OF MARKET LEADERS IN THE GLOBAL CONSTRUCTION MARKET
- 10.5.1 BOUYGUES S.A.
- 10.5.2 POWER CONSTRUCTION CORPORATION OF CHINA
- 10.5.3 ACS GROUP
- 10.5.4 D.R. HORTON, INC.
- 10.5.5 LENNAR CORPORATION
10.6 LEADING PLAYERS IN TERMS OF THE NUMBER OF DEVELOPMENTS IN GLOBAL PPF MARKET
10.7 KEY DEVELOPMENTS & GROWTH STRATEGIES
- 10.7.1 CONTRACTS & AGREEMENT
- 10.7.2 PRODUCT LAUNCH/PRODUCT DEVELOPMENT
- 10.7.3 PARTNERSHIPS/ACQUISITION

11 COMPANY PROFILES

11.1 ACS GROUP
- 11.1.1 COMPANY OVERVIEW
- 11.1.2 FINANCIAL OVERVIEW
- 11.1.3 PRODUCTS/SERVICES OFFERED
- 11.1.4 KEY DEVELOPMENTS
- 11.1.5 SWOT ANALYSIS
- 11.1.6 KEY STRATEGIES
11.2 LENNAR CORPORATION
- 11.2.1 COMPANY OVERVIEW
- 11.2.2 FINANCIAL OVERVIEW
- 11.2.3 PRODUCTS OFFERED
- 11.2.4 KEY DEVELOPMENTS
- 11.2.5 SWOT ANALYSIS
- 11.2.6 KEY STRATEGIES
11.3 D.R. HORTON, INC.
- 11.3.1 COMPANY OVERVIEW
- 11.3.2 FINANCIAL OVERVIEW
- 11.3.3 PRODUCTS OFFERED
- 11.3.4 KEY DEVELOPMENTS
- 11.3.5 SWOT ANALYSIS
- 11.3.6 KEY STRATEGIES
11.4 BOUYGUES S.A.
- 11.4.1 COMPANY OVERVIEW
- 11.4.2 FINANCIAL OVERVIEW
- 11.4.3 PRODUCTS OFFERED
- 11.4.4 KEY DEVELOPMENTS
- 11.4.5 SWOT ANALYSIS
- 11.4.6 KEY STRATEGIES
11.5 POWER CONSTRUCTION CORPORATION OF CHINA
- 11.5.1 COMPANY OVERVIEW
- 11.5.2 FINANCIAL OVERVIEW
- 11.5.3 PRODUCTS/SERVICES OFFERED
- 11.5.4 KEY DEVELOPMENTS
- 11.5.5 SWOT ANALYSIS
- 11.5.6 KEY STRATEGIES
11.6 CIMIC GROUP LIMITED
- 11.6.1 COMPANY OVERVIEW
- 11.6.2 FINANCIAL OVERVIEW
- 11.6.3 PRODUCTS OFFERED
- 11.6.4 KEY DEVELOPMENTS
- 11.6.5 SWOT ANALYSIS
- 11.6.6 KEY STRATEGIES
11.7 SHIMIZU CORPORATION
- 11.7.1 COMPANY OVERVIEW
- 11.7.2 FINANCIAL OVERVIEW
- 11.7.3 PRODUCTS OFFERED
- 11.7.4 KEY DEVELOPMENTS
- 11.7.5 SWOT ANALYSIS
- 11.7.6 KEY STRATEGIES
11.8 LENDLEASE GROUP
- 11.8.1 COMPANY OVERVIEW
- 11.8.2 FINANCIAL OVERVIEW
- 11.8.3 PRODUCTS OFFERED
- 11.8.4 KEY DEVELOPMENTS
- 11.8.5 SWOT ANALYSIS
- 11.8.6 KEY STRATEGIES
11.9 CAPITALAND GROUP PTE. LTD
- 11.9.1 COMPANY OVERVIEW
- 11.9.2 FINANCIAL OVERVIEW
- 11.9.3 PRODUCTS OFFERED
- 11.9.4 KEY DEVELOPMENTS
- 11.9.5 SWOT ANALYSIS
- 11.9.6 KEY STRATEGIES
11.10 LARSEN & TOUBRO LIMITED
- 11.10.1 COMPANY OVERVIEW
- 11.10.2 FINANCIAL OVERVIEW
- 11.10.3 PRODUCTS OFFERED
- 11.10.4 KEY DEVELOPMENTS
- 11.10.5 SWOT ANALYSIS
- 11.10.6 KEY STRATEGIES