PUBLISHER: The Business Research Company | PRODUCT CODE: 1680410
PUBLISHER: The Business Research Company | PRODUCT CODE: 1680410
Foundation, structure, and building exterior contractors are specialized subcontractors focusing on specific components of construction projects, such as excavation, demolition, roofing, and more, adhering to detailed construction designs and plans.
Primary segments within this contractor market include excavation and demolition, roofing, concrete work, and water well drilling. Water well drilling contractors specialize in boring holes to access natural water sources, catering to irrigation, commercial, industrial, and residential needs. Service providers range from large chain companies to independent contractors, offering their services through various channels, both online and offline. These services find applications in residential and non-residential building construction, among other sectors.
The foundation, structure, and building exterior contractors market research report is one of a series of new reports from The Business Research Company that provides the foundation, structure, and building exterior contractors market statistics, including foundation, structure, and building exterior contractors industry global market size, regional shares, competitors with a foundation, structure, and building exterior contractors market share, detailed foundation, structure, and building exterior contractors market segments, market trends and opportunities, and any further data you may need to thrive in the foundation, structure, and building exterior contractors industry. This foundation, structure, and building exterior contractors market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The foundation, structure, and building exterior contractors market size has grown steadily in recent years. It will grow from $1317.28 billion in 2024 to $1383.09 billion in 2025 at a compound annual growth rate (CAGR) of 5.0%. The growth in the historic period can be attributed to growth in construction, infrastructure development, government policies and regulations, real estate market dynamics, environmental considerations.
The foundation, structure, and building exterior contractors market size is expected to see steady growth in the next few years. It will grow to $1630.85 billion in 2029 at a compound annual growth rate (CAGR) of 4.2%. The growth in the forecast period can be attributed to resilient and sustainable construction, renewable energy construction, infrastructure renewal initiatives, population migration patterns, adaptation to climate change. Major trends in the forecast period include digitalization in construction, smart building technologies, technological advancements in construction, prefabrication and modular construction, focus on resilient infrastructure.
The foundation, structure, and building exterior contractors market is anticipated to experience increased demand due to the rapidly growing urban population, particularly in the forecast period. According to the UN World Urbanization Prospects report, it is projected that over 60% of the global population will reside in cities by 2050. This surge in urbanization is expected to lead to a heightened demand for new residential and commercial land. Opportunities are particularly abundant in Asian countries such as Indonesia, Vietnam, and the Philippines, which are gaining popularity for export-oriented manufacturing. The World Bank predicts that the urban population in South Asia will grow by 250 million by 2030. The ensuing rapid urbanization is poised to drive the demand for new infrastructure, subsequently benefiting the foundation, structure, and building exterior contractors market during the forecast period.
The upward trajectory in the construction industry is expected to fuel the growth of the foundation, structure, and building exterior contractors market. The construction industry, involving the planning, design, construction, and maintenance of structures and facilities, spans residential, commercial, and civil engineering projects. Foundation, structure, and building exterior contractors play a crucial role in this industry, providing essential groundwork, structural frameworks, and exterior components necessary for constructing secure and functional buildings and infrastructure. For instance, in June 2023, data from the U.S. Census Bureau and the U.S. Department of Housing and Urban Development revealed that privately owned home starts in May 2023 were at a seasonally adjusted annual pace of 1,631,000, reflecting a 21.7% increase from the revised April 2023 prediction of 1,340,000 and a 5.7% rise from the May 2022 rate of 1,543,000. Additionally, the number of privately owned home completions in May 2023 stood at 1,518,000 on a seasonally adjusted yearly basis, showcasing a 5.0% increase over the May 2022 rate of 1,446,000 and a 9.5% uptick from the revised April 2023 estimate of 1,386,000. Consequently, the thriving growth of the construction industry is anticipated to be a driving force behind the foundation, structure, and building exterior contractor market during the forecast period.
Health and safety issues have long been a significant concern in the foundation, structure, and building exterior contractor industries. Construction activities consistently face worker safety challenges, including working at heights, in confined spaces, underground, and near falling materials, as well as manual load handling, dealing with hazardous substances, operating machinery, exposure to fire, and contact with live electrical cables. For instance, the Bureau of Labor Statistics, a division of the United States Department of Labor, reported that in 2022, there were 1,069 fatalities among construction professionals on the job, resulting in a rate of 9.6 deaths per 100,000 full-time workers. Insufficient safety and health measures adversely affect both foundation, structure, and building exterior contractors and the built environment, leading to fatalities, injuries, and illnesses.
Contractors are increasingly incorporating building-integrated photovoltaic (BIPV) glazing technology for electricity generation to address environmental concerns and promote sustainable practices. BIPV systems integrate solar cells or modules into building elements or materials as integral components of the building structure. Unlike as traditional rooftop photovoltaic systems with limited surface areas, BIPV photovoltaic cells are seamlessly integrated into various building components such as cladding materials, shingles, or windows. This integration allows almost any building element, including the roof, facade, windows, canopies, or balcony railings, to harness solar energy and generate electricity. Consequently, buildings equipped with BIPV technology can autonomously generate a substantial portion of their electricity from a clean and renewable energy source. Companies such as AGC Inc., Avenston Group, BELECTRIC, BiPVco, and Canadian Solar exemplify those actively engaged in the development and implementation of building-integrated photovoltaics.
Major companies in the foundation, structure, and building exterior contractor market are advancing ECOCycle technology to improve sustainability practices, minimize waste, and encourage the use of recycled materials in construction. ECOCycle advocates a lifecycle management approach, promoting the design of structures that account for future disassembly, reuse, and recycling of materials, thereby enhancing sustainability. For example, in April 2023, Holcim, a Switzerland-based provider of innovative and sustainable building materials, launched its ECOCycle initiative, which focuses on integrating advanced recycling techniques and digital tools to optimize material recovery processes. This initiative aims to assist contractors in constructing eco-friendly buildings by offering high-quality recycled aggregates and promoting principles of the circular economy.
Major companies operating in the foundation, structure, and building exterior contractors market include Turner Construction Company, Bechtel Corporation, Whiting-Turner Contracting Company, Gilbane Building Company, Skanska USA Building Inc., McCarthy Building Companies Inc., Fluor Corporation, Jacobs Engineering Group Inc., Kiewit Corporation, DPR Construction, Clark Construction Group LLC, PCL Construction Enterprises Inc., Hensel Phelps Construction Co., Lendlease Group, AECOM, Tishman Construction Corporation, Holder Construction Company, Mortenson Construction, Balfour Beatty US, Shawmut Design and Construction, The Walsh Group Ltd., JE Dunn Construction Group Inc., Swinerton Builders, Brasfield & Gorrie LLC, Webcor Builders, Structure Tone Inc., Gray Construction, Austin Industries Inc., Layton Construction Co. LLC, STO Building Group
Asia-Pacific was the largest region in the foundation, structure, and building exterior contractors market in 2024. North America was the second-largest region in the foundation, structure, and building exterior contractors market. The regions covered in the foundation, structure, and building exterior contractors market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the foundation, structure, and building exterior contractors market report are Australia; China; India; Indonesia; Japan; South Korea; Bangladesh; Thailand; Vietnam; Malaysia; Singapore; Philippines; Hong Kong; New Zealand; USA; Canada; Mexico; Brazil; Chile; Argentina; Colombia; Peru; France; Germany; UK; Austria; Belgium; Denmark; Finland; Ireland; Italy; Netherlands; Norway; Portugal; Spain; Sweden; Switzerland; Russia; Czech Republic; Poland; Romania; Ukraine; Saudi Arabia; Israel; Iran; Turkey; UAE; Egypt; Nigeria; South Africa.
The foundation, structure, and building exterior contractors market include revenues earned by entities by additions, alterations, maintenance, and repairs. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Foundation, Structure, And Building Exterior Contractors Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on foundation, structure, and building exterior contractors market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for foundation, structure, and building exterior contractors ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The foundation, structure, and building exterior contractors market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.