Market Research Report
Civil Engineering - Market Summary, Competitive Analysis and Forecast, 2017-2026
|Civil Engineering - Market Summary, Competitive Analysis and Forecast, 2017-2026|
Published: February 15, 2022
Content info: 336 Pages
Delivery time: 1-2 business days
Global Civil Engineering industry profile provides top-line qualitative and quantitative summary information including: Sector size (value 2017-21, and forecast to 2026). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the Sector.
The civil engineering industry includes construction work classified as civil engineering (i.e. non-buildings), excluding companies working in the home-building subsector. For the purposes of this report civil engineering is split into two segments: infrastructure construction and energy and utilities construction. Infrastructure construction projects include, but are not limited to, highways, bridges, tunnels, dams, dikes, subways, and other mass transit projects. Energy and utilities construction includes Energy and telecommunications-related projects, oil and gas projects including upstream and downstream exploration, and utility projects such as water and sewage infrastructure. The market value is calculated as the value of the construction of non-buildings.
All market data and forecasts are represented in nominal terms (i.e., without adjustment for inflation) and all currency conversions used in the creation of this report have been calculated using constant 2020 annual average exchange rates.
Forecast figures presented in this report are calculated using crisis scenarios for the market. The length of the pandemic and restrictions introduced by various countries are still difficult to predict. Many governments had introduced the national lockdowns and temporarily banned sales of products that are deemed "non-essential". As the length of the pandemic and its impact on this market is not certain, the data used in this report has been modeled taking forecast impacts on national economics into consideration.
The global civil engineering sector is expected to generate total revenues of $4,218.3bn in 2021, representing a compound annual growth rate (CAGR) of 6.3% between 2017 and 2021.
The infrastructure construction segment is expected to be the sector's most lucrative in 2021, with total revenues of $2,326.8bn, equivalent to 55.2% of the sector's overall value.
The Asia-Pacific region is the largest globally and is expected to account for 59.2% of its total value in 2021. It has also experienced the strongest growth historically.