Institutional Buildings Global Market Report 2024

Description

“Institutional Buildings Global Market Report 2024 ” 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 institutional buildings 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.

Reasons to Purchase

Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
Assess the Russia - Ukraine war's impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
Measure the impact of high global inflation on market growth.
Create regional and country strategies on the basis of local data and analysis.
Identify growth segments for investment.
Outperform competitors using forecast data and the drivers and trends shaping the market.
Understand customers based on the latest market shares.
Benchmark performance against key competitors.
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Report will be updated with the latest data and delivered to you within 3-5 working days of order along with an Excel data sheet for easy data extraction and analysis.
All data from the report will also be delivered in an excel dashboard format.

Where is the largest and fastest growing market for institutional buildings? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? “The institutional buildings 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.

Scope

Markets Covered:

1) By Type: Residential; Non-residential
2) By Construction Type: New Construction; Renovation
3) By Building Type: Smart Buildings; Traditional Buildings
4) By Application: Owned; Rental
5) By End User: Private; Public
Companies Mentioned: China State Construction Engineering Co. Ltd.; Shanghai Construction Group Co. Ltd.; Clark Construction Group LLC; The Whiting-Turner Contracting Company; Turner Construction Company
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery format: PDF, Word and Excel Data Dashboard.

Executive Summary

An institutional building is a structure planned and built for specific purposes such as medical facilities, charitable organizations, correctional institutions, penal colonies, and others. The key defining feature of institutional buildings lies in their designated use or function.

The main categories of institutional buildings are residential and non-residential. Residential buildings involve the construction of structures intended for sleeping accommodations, with or without dining and cooking facilities. Construction activities can encompass both new construction and renovation projects. Buildings within this context can be classified as either smart buildings or traditional buildings. These structures find various applications, including ownership, rental, and utilization by both private and public end users.

The institutional buildings market research report is one of a series of new reports from The Business Research Company that provides institutional buildings market statistics, including institutional buildings industry global market size, regional shares, competitors with an institutional buildings market share, detailed institutional buildings market segments, market trends, and opportunities, and any further data you may need to thrive in the institutional buildings industry. The institutional buildings 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 institutional buildings market size has grown steadily in recent years. It will grow from $995.71 billion in 2023 to $1021.04 billion in 2024 at a compound annual growth rate (CAGR) of 2.5%. The growth observed in the historical period can be attributed to government initiatives, population growth, the demand for education and healthcare services, urbanization trends, as well as cultural and social factors.

The institutional buildings market size is expected to see steady growth in the next few years. It will grow to $1140.66 billion in 2028 at a compound annual growth rate (CAGR) of 2.8%. The anticipated growth in the forecast period can be attributed to a focus on sustainability and green building practices, increased technological integration, the renewal of aging infrastructure, a heightened emphasis on health and wellness in building design, and the adoption of flexible space design. Major trends expected in the forecast period include energy-efficient and sustainable construction methods, further technological integration, a focus on accessibility and inclusivity, the increased adoption of prefabrication and modular construction, and the incorporation of biophilic design elements.

The anticipated growth in the institutional buildings market is attributed to the increasing government expenditure. This expenditure, denoting the capital invested by governments in various goods and services, particularly benefits government buildings such as hospitals and schools, fostering infrastructural development, including institutional buildings. Eurostat's February 2023 report highlights a significant rise in EU general government spending as a percentage of GDP, reaching 51.5% in 2021 from 2019. Notably, countries such as France, Greece, Austria, Finland, Belgium, and Italy recorded the highest levels of government spending as a percentage of GDP. Consequently, the upswing in government expenditure is a driving force for the institutional buildings market.

The driving factor for the institutional building market is the escalating global population. The construction of institutional structures, such as schools and healthcare facilities, becomes imperative to meet the needs of a growing population and provide essential services. As projected by the United Nations, the world population is expected to reach 8.5 billion by 2030 and further increase to 9.7 billion by 2050. This demographic growth underscores the necessity for accommodating facilities, propelling the institutional building market forward.

A key trend in the institutional buildings market is technological advancement, with major companies introducing innovative technologies to maintain their market standing. For example, in February 2022, Black Buffalo 3D Corporation launched NEXCON 3D printers, leveraging 3D printing technology to address challenges in the construction industry. The modular gantry design optimizes structure efficiency without compromising print quality, enabling on-site versatility and the production of accurate prints for diverse 3D-modeled designs.

Major companies in the institutional buildings market are focusing on developing advanced modules utilizing technologies such as HVAC Load Reduction (HLR) for improved indoor air quality and HVAC efficiency. In February 2021, enVerid Systems introduced the HLR 100M, a compact version of its HVAC Load Reduction module, designed for new and existing buildings. The HLR 100M employs air cleaning technology to enhance indoor air quality while reducing energy consumption, carbon emissions, and HVAC equipment expenses, offering up to 40% savings on HVAC energy use.

In October 2022, Pike Construction Services' acquisition of Charles A. Gaetano Construction Corporation and C2C Construction Solutions, LLC is anticipated to strengthen Pike's position in Utica and the entire Northeast region, enhancing its value proposition for clients. Charles A. Gaetano Construction Corporation and C2C Construction Solutions LLC are recognized providers of construction services in the United States.

Major companies operating in the institutional buildings market report are China State Construction Engineering Co. Ltd., Shanghai Construction Group Co. Ltd., Clark Construction Group LLC, The Whiting-Turner Contracting Company, Turner Construction Company, Balfour Beatty plc, Greenland Holdings Corp. Ltd., Obayashi Corporation, Daiwa Real Estate Co. Ltd., HOCHTIEF Aktiengesellschaft, Vinci S.A., Bouygues SA, Kajima U.S.A. Inc., Bechtel Corporation, Skanska AB, The Metallurgical Corp of China, Actividades de Construccion y Servicios SA, Tutor Perini Corp., Parsons Corp., AECOM Inc., Jacobs Solutions Inc., WSP Global Inc., HNTB Corp., STV Group Inc., Fluor Corporation, Kiewit Corporation, PCL Construction Enterprises Inc., McCarthy Holdings Inc., The Boldt Company, The Weitz Company, Mortenson Construction, Gilbane Building Company, JE Dunn Construction Group Inc., Hensel Phelps Construction Co., Barton Malow Company, Ryan Companies US Inc., Skender Construction, The Beck Group, Sundt Construction Inc., Brasfield & Gorrie LLC, DPR Construction, Gray Construction, Hoffman Construction Company, Holder Construction Company, Messer Construction Co., Pepper Construction Group LLC, Robins & Morton LLC .

Asia-Pacific was the largest region in the institutional buildings market in 2023. The regions covered in the institutional buildings market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The countries covered in the institutional buildings market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The institutional buildings market includes revenues earned by entities by constructing convents, hospitals, and school dormitories. 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.

Product Code: r11072

1. Executive Summary

2. Institutional Buildings Market Characteristics

3. Institutional Buildings Market Trends And Strategies

4. Institutional Buildings Market - Macro Economic Scenario

4.1. Impact Of High Inflation On the Market
4.2. Ukraine-Russia War Impact On the Market
4.3. COVID-19 Impact On the Market

5. Global Institutional Buildings Market Size and Growth

5.1. Global Institutional Buildings Market Drivers and Restraints
- 5.1.1. Drivers Of The Market
- 5.1.2. Restraints Of The Market
5.2. Global Institutional Buildings Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)
5.3. Global Institutional Buildings Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Institutional Buildings Market Segmentation

6.1. Global Institutional Buildings Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Residential
Non-residential
6.2. Global Institutional Buildings Market, Segmentation By Construction Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
New Construction
Renovation
6.3. Global Institutional Buildings Market, Segmentation By Building Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Smart Buildings
Traditional Buildings
6.4. Global Institutional Buildings Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Owned
Rental
6.5. Global Institutional Buildings Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Private
Public

7. Institutional Buildings Market Regional And Country Analysis

7.1. Global Institutional Buildings Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Institutional Buildings Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Institutional Buildings Market

8.1. Asia-Pacific Institutional Buildings Market Overview
Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Institutional Buildings Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Institutional Buildings Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific Institutional Buildings Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Institutional Buildings Market

9.1. China Institutional Buildings Market Overview
9.2. China Institutional Buildings Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Institutional Buildings Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China Institutional Buildings Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Institutional Buildings Market

10.1. India Institutional Buildings Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Institutional Buildings Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Institutional Buildings Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Institutional Buildings Market

11.1. Japan Institutional Buildings Market Overview
11.2. Japan Institutional Buildings Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Institutional Buildings Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.4. Japan Institutional Buildings Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Institutional Buildings Market

12.1. Australia Institutional Buildings Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Institutional Buildings Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Institutional Buildings Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Institutional Buildings Market

13.1. Indonesia Institutional Buildings Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Institutional Buildings Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Institutional Buildings Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Institutional Buildings Market

14.1. South Korea Institutional Buildings Market Overview
14.2. South Korea Institutional Buildings Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Institutional Buildings Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.4. South Korea Institutional Buildings Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Institutional Buildings Market

15.1. Western Europe Institutional Buildings Market Overview
15.2. Western Europe Institutional Buildings Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Institutional Buildings Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe Institutional Buildings Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Institutional Buildings Market

16.1. UK Institutional Buildings Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Institutional Buildings Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Institutional Buildings Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Institutional Buildings Market

17.1. Germany Institutional Buildings Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Institutional Buildings Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Institutional Buildings Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Institutional Buildings Market

18.1. France Institutional Buildings Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.2. France Institutional Buildings Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.3. France Institutional Buildings Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Institutional Buildings Market

19.1. Italy Institutional Buildings Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.2. Italy Institutional Buildings Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.3. Italy Institutional Buildings Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Institutional Buildings Market

20.1. Spain Institutional Buildings Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.2. Spain Institutional Buildings Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.3. Spain Institutional Buildings Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Institutional Buildings Market

21.1. Eastern Europe Institutional Buildings Market Overview
21.2. Eastern Europe Institutional Buildings Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Institutional Buildings Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe Institutional Buildings Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Institutional Buildings Market

22.1. Russia Institutional Buildings Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Institutional Buildings Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Institutional Buildings Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Institutional Buildings Market

23.1. North America Institutional Buildings Market Overview
23.2. North America Institutional Buildings Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Institutional Buildings Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America Institutional Buildings Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Institutional Buildings Market

24.1. USA Institutional Buildings Market Overview
24.2. USA Institutional Buildings Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Institutional Buildings Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA Institutional Buildings Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Institutional Buildings Market

25.1. Canada Institutional Buildings Market Overview
25.2. Canada Institutional Buildings Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Institutional Buildings Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada Institutional Buildings Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Institutional Buildings Market

26.1. South America Institutional Buildings Market Overview
26.2. South America Institutional Buildings Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Institutional Buildings Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America Institutional Buildings Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Institutional Buildings Market

27.1. Brazil Institutional Buildings Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Institutional Buildings Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Institutional Buildings Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Institutional Buildings Market

28.1. Middle East Institutional Buildings Market Overview
28.2. Middle East Institutional Buildings Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Institutional Buildings Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East Institutional Buildings Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Institutional Buildings Market

29.1. Africa Institutional Buildings Market Overview
29.2. Africa Institutional Buildings Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Institutional Buildings Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa Institutional Buildings Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Institutional Buildings Market Competitive Landscape And Company Profiles

30.1. Institutional Buildings Market Competitive Landscape
30.2. Institutional Buildings Market Company Profiles
- 30.2.1. China State Construction Engineering Co. Ltd.
  - 30.2.1.1. Overview
  - 30.2.1.2. Products and Services
  - 30.2.1.3. Strategy
  - 30.2.1.4. Financial Performance
- 30.2.2. Shanghai Construction Group Co. Ltd.
  - 30.2.2.1. Overview
  - 30.2.2.2. Products and Services
  - 30.2.2.3. Strategy
  - 30.2.2.4. Financial Performance
- 30.2.3. Clark Construction Group LLC
  - 30.2.3.1. Overview
  - 30.2.3.2. Products and Services
  - 30.2.3.3. Strategy
  - 30.2.3.4. Financial Performance
- 30.2.4. The Whiting-Turner Contracting Company
  - 30.2.4.1. Overview
  - 30.2.4.2. Products and Services
  - 30.2.4.3. Strategy
  - 30.2.4.4. Financial Performance
- 30.2.5. Turner Construction Company
  - 30.2.5.1. Overview
  - 30.2.5.2. Products and Services
  - 30.2.5.3. Strategy
  - 30.2.5.4. Financial Performance

31. Global Institutional Buildings Market Competitive Benchmarking

32. Global Institutional Buildings Market Competitive Dashboard

33. Key Mergers And Acquisitions In The Institutional Buildings Market

34. Institutional Buildings Market Future Outlook and Potential Analysis

34.1 Institutional Buildings Market In 2028 - Countries Offering Most New Opportunities
34.2 Institutional Buildings Market In 2028 - Segments Offering Most New Opportunities
34.3 Institutional Buildings Market In 2028 - Growth Strategies
- 34.3.1 Market Trend Based Strategies
- 34.3.2 Competitor Strategies

35. Appendix

35.1. Abbreviations
35.2. Currencies
35.3. Historic And Forecast Inflation Rates
35.4. Research Inquiries
35.5. The Business Research Company
35.6. Copyright And Disclaimer