The Global Energy & Utilities Construction Market was valued at USD 134.6 billion in 2024 and is anticipated to reach USD 213.1 billion by 2030, registering a CAGR of 7.8%. The market is experiencing significant momentum due to the rising global energy demand driven by rapid urbanization, industrial expansion, and population growth, particularly in emerging economies. Simultaneously, the global energy transition is accelerating the construction of renewable power assets such as solar and wind farms, alongside modernization of electricity grids to accommodate decentralized and variable energy sources. Smart grid initiatives and utility digitization are enhancing operational efficiency and resilience. In developed regions, the replacement of aging infrastructure is being prioritized, particularly to mitigate the growing risks from extreme climate events. Furthermore, surging electricity consumption from digital infrastructure like data centers-spurred by cloud computing and AI technologies-is driving investment in energy and utility networks. Government support through policies, subsidies, and partnerships is enabling sustainable development, reinforcing the sector's strategic role in the global push for energy security and carbon neutrality.

Market Overview
Forecast Period	2026-2030
Market Size 2024	USD 134.6 Billion
Market Size 2030	USD 213.1 Billion
CAGR 2025-2030	7.8%
Fastest Growing Segment	Energy Construction
Largest Market	North America

Key Market Drivers

Rising Global Energy Demand and Infrastructure Modernization

A major driver of the Energy & Utilities Construction Market is the increasing global energy demand, propelled by expanding urban populations, economic growth, and industrial activity in emerging economies. As cities grow and industries modernize, existing infrastructure is becoming insufficient, leading to a surge in construction of power plants, transmission lines, substations, and water supply systems. This trend is especially prevalent in regions like Asia and Africa, where electricity demand is projected to rise sharply. Concurrently, developed economies face the challenge of upgrading aging infrastructure that no longer meets modern efficiency or climate resilience standards. Frequent climate-related disruptions highlight the need for robust and reliable energy and utility systems. Additionally, the global rise of electric vehicles and digital services is creating additional load on power grids, driving the need for smarter, high-capacity, and decentralized energy infrastructure. Governments and private investors are responding by funding large-scale utility construction projects that support economic growth, sustainability, and energy security.

Key Market Challenges

Supply Chain Disruptions and Skilled Labor Shortages

The global Energy & Utilities Construction Market is significantly impacted by ongoing supply chain disruptions and a widespread shortage of skilled labor. Material shortages-particularly of steel, copper, aluminum, and semiconductors-have caused cost spikes and delays in the delivery of key components like turbines, transformers, and electrical systems. Transportation bottlenecks and port congestion further aggravate the situation, prolonging project timelines and increasing costs. Parallel to material constraints, the industry faces a critical labor shortfall. Specialized roles such as high-voltage technicians, renewable energy engineers, and certified electricians are in short supply, especially as older workers retire and training programs fail to keep pace with demand. This is particularly evident in high-complexity projects like nuclear facilities and offshore wind installations, where strict safety and compliance standards add further recruitment challenges. Together, these issues elevate project risks and operational costs, making it difficult for construction firms to scale operations efficiently. While strategies like local sourcing, modular design, and workforce development are being explored, they require significant time and investment to yield tangible results.

Key Market Trends

Rise of Renewable Energy and Decentralized Power Infrastructure

A prominent trend shaping the Energy & Utilities Construction Market is the rapid global pivot toward renewable and decentralized energy solutions. As countries commit to carbon neutrality and clean energy goals, investment is pouring into the construction of solar farms, onshore and offshore wind projects, hydro plants, and battery energy storage systems. Offshore wind, in particular, is gaining momentum due to its scale and efficiency advantages. This shift is supported by policy frameworks like the EU Green Deal and the U.S. Inflation Reduction Act, which incentivize green infrastructure projects. At the same time, decentralized energy systems-including rooftop solar, local microgrids, and smart home technologies-are transforming energy consumption and distribution. These systems reduce transmission losses and enhance grid resilience while giving consumers more control over their energy use. Construction approaches are evolving to accommodate these new energy paradigms, with emphasis on modular, localized, and smart infrastructure that supports both centralized and distributed power networks.

Key Market Players

NPL Construction Co
Lyles Utility Construction, LLC
Lime Energy
Skanska UK Plc
Denbow Company
Alexander Hughes
Dassault Systemes
BlackEagle Energy Services

Report Scope:

In this report, the Global Energy & Utilities Construction Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Energy & Utilities Construction Market, By Type:

Energy Construction
Utilities Infrastructure Construction

Energy & Utilities Construction Market, By Application:

Civil Use
Military Use

Energy & Utilities Construction Market, By Region:

North America
- United States
- Canada
- Mexico
Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
Asia Pacific
- China
- India
- Japan
- South Korea
- Australia
South America
- Brazil
- Colombia
- Argentina
Middle East & Africa
- Saudi Arabia
- UAE
- South Africa

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Energy & Utilities Construction Market.

Available Customizations:

Global Energy & Utilities Construction Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

1. Product Overview

1.1. Market Definition
1.2. Scope of the Market
- 1.2.1. Markets Covered
- 1.2.2. Years Considered for Study
- 1.2.3. Key Market Segmentations

2. Research Methodology

2.1. Objective of the Study
2.2. Baseline Methodology
2.3. Key Industry Partners
2.4. Major Association and Secondary Sources
2.5. Forecasting Methodology
2.6. Data Triangulation & Validation
2.7. Assumptions and Limitations

3. Executive Summary

3.1. Overview of the Market
3.2. Overview of Key Market Segmentations
3.3. Overview of Key Market Players
3.4. Overview of Key Regions/Countries
3.5. Overview of Market Drivers, Challenges, and Trends

4. Voice of Customer

5. Global Energy & Utilities Construction Market Outlook

5.1. Market Size & Forecast
- 5.1.1. By Value
5.2. Market Share & Forecast
- 5.2.1. By Type (Energy Construction, Utilities Infrastructure Construction)
- 5.2.2. By Application (Civil Use, Military Use)
- 5.2.3. By Region (North America, Europe, South America, Middle East & Africa, Asia Pacific)
5.3. By Company (2024)
5.4. Market Map

6. North America Energy & Utilities Construction Market Outlook

6.1. Market Size & Forecast
- 6.1.1. By Value
6.2. Market Share & Forecast
- 6.2.1. By Type
- 6.2.2. By Application
- 6.2.3. By Country
6.3. North America: Country Analysis
- 6.3.1. United States Energy & Utilities Construction Market Outlook
  - 6.3.1.1. Market Size & Forecast
    - 6.3.1.1.1. By Value
  - 6.3.1.2. Market Share & Forecast
    - 6.3.1.2.1. By Type
    - 6.3.1.2.2. By Application
- 6.3.2. Canada Energy & Utilities Construction Market Outlook
  - 6.3.2.1. Market Size & Forecast
    - 6.3.2.1.1. By Value
  - 6.3.2.2. Market Share & Forecast
    - 6.3.2.2.1. By Type
    - 6.3.2.2.2. By Application
- 6.3.3. Mexico Energy & Utilities Construction Market Outlook
  - 6.3.3.1. Market Size & Forecast
    - 6.3.3.1.1. By Value
  - 6.3.3.2. Market Share & Forecast
    - 6.3.3.2.1. By Type
    - 6.3.3.2.2. By Application

7. Europe Energy & Utilities Construction Market Outlook

7.1. Market Size & Forecast
- 7.1.1. By Value
7.2. Market Share & Forecast
- 7.2.1. By Type
- 7.2.2. By Application
- 7.2.3. By Country
7.3. Europe: Country Analysis
- 7.3.1. Germany Energy & Utilities Construction Market Outlook
  - 7.3.1.1. Market Size & Forecast
    - 7.3.1.1.1. By Value
  - 7.3.1.2. Market Share & Forecast
    - 7.3.1.2.1. By Type
    - 7.3.1.2.2. By Application
- 7.3.2. France Energy & Utilities Construction Market Outlook
  - 7.3.2.1. Market Size & Forecast
    - 7.3.2.1.1. By Value
  - 7.3.2.2. Market Share & Forecast
    - 7.3.2.2.1. By Type
    - 7.3.2.2.2. By Application
- 7.3.3. United Kingdom Energy & Utilities Construction Market Outlook
  - 7.3.3.1. Market Size & Forecast
    - 7.3.3.1.1. By Value
  - 7.3.3.2. Market Share & Forecast
    - 7.3.3.2.1. By Type
    - 7.3.3.2.2. By Application
- 7.3.4. Italy Energy & Utilities Construction Market Outlook
  - 7.3.4.1. Market Size & Forecast
    - 7.3.4.1.1. By Value
  - 7.3.4.2. Market Share & Forecast
    - 7.3.4.2.1. By Type
    - 7.3.4.2.2. By Application
- 7.3.5. Spain Energy & Utilities Construction Market Outlook
  - 7.3.5.1. Market Size & Forecast
    - 7.3.5.1.1. By Value
  - 7.3.5.2. Market Share & Forecast
    - 7.3.5.2.1. By Type
    - 7.3.5.2.2. By Application

8. Asia Pacific Energy & Utilities Construction Market Outlook

8.1. Market Size & Forecast
- 8.1.1. By Value
8.2. Market Share & Forecast
- 8.2.1. By Type
- 8.2.2. By Application
- 8.2.3. By Country
8.3. Asia Pacific: Country Analysis
- 8.3.1. China Energy & Utilities Construction Market Outlook
  - 8.3.1.1. Market Size & Forecast
    - 8.3.1.1.1. By Value
  - 8.3.1.2. Market Share & Forecast
    - 8.3.1.2.1. By Type
    - 8.3.1.2.2. By Application
- 8.3.2. India Energy & Utilities Construction Market Outlook
  - 8.3.2.1. Market Size & Forecast
    - 8.3.2.1.1. By Value
  - 8.3.2.2. Market Share & Forecast
    - 8.3.2.2.1. By Type
    - 8.3.2.2.2. By Application
- 8.3.3. Japan Energy & Utilities Construction Market Outlook
  - 8.3.3.1. Market Size & Forecast
    - 8.3.3.1.1. By Value
  - 8.3.3.2. Market Share & Forecast
    - 8.3.3.2.1. By Type
    - 8.3.3.2.2. By Application
- 8.3.4. South Korea Energy & Utilities Construction Market Outlook
  - 8.3.4.1. Market Size & Forecast
    - 8.3.4.1.1. By Value
  - 8.3.4.2. Market Share & Forecast
    - 8.3.4.2.1. By Type
    - 8.3.4.2.2. By Application
- 8.3.5. Australia Energy & Utilities Construction Market Outlook
  - 8.3.5.1. Market Size & Forecast
    - 8.3.5.1.1. By Value
  - 8.3.5.2. Market Share & Forecast
    - 8.3.5.2.1. By Type
    - 8.3.5.2.2. By Application

9. Middle East & Africa Energy & Utilities Construction Market Outlook

9.1. Market Size & Forecast
- 9.1.1. By Value
9.2. Market Share & Forecast
- 9.2.1. By Type
- 9.2.2. By Application
- 9.2.3. By Country
9.3. Middle East & Africa: Country Analysis
- 9.3.1. Saudi Arabia Energy & Utilities Construction Market Outlook
  - 9.3.1.1. Market Size & Forecast
    - 9.3.1.1.1. By Value
  - 9.3.1.2. Market Share & Forecast
    - 9.3.1.2.1. By Type
    - 9.3.1.2.2. By Application
- 9.3.2. UAE Energy & Utilities Construction Market Outlook
  - 9.3.2.1. Market Size & Forecast
    - 9.3.2.1.1. By Value
  - 9.3.2.2. Market Share & Forecast
    - 9.3.2.2.1. By Type
    - 9.3.2.2.2. By Application
- 9.3.3. South Africa Energy & Utilities Construction Market Outlook
  - 9.3.3.1. Market Size & Forecast
    - 9.3.3.1.1. By Value
  - 9.3.3.2. Market Share & Forecast
    - 9.3.3.2.1. By Type
    - 9.3.3.2.2. By Application

10. South America Energy & Utilities Construction Market Outlook

10.1. Market Size & Forecast
- 10.1.1. By Value
10.2. Market Share & Forecast
- 10.2.1. By Type
- 10.2.2. By Application
- 10.2.3. By Country
10.3. South America: Country Analysis
- 10.3.1. Brazil Energy & Utilities Construction Market Outlook
  - 10.3.1.1. Market Size & Forecast
    - 10.3.1.1.1. By Value
  - 10.3.1.2. Market Share & Forecast
    - 10.3.1.2.1. By Type
    - 10.3.1.2.2. By Application
- 10.3.2. Colombia Energy & Utilities Construction Market Outlook
  - 10.3.2.1. Market Size & Forecast
    - 10.3.2.1.1. By Value
  - 10.3.2.2. Market Share & Forecast
    - 10.3.2.2.1. By Type
    - 10.3.2.2.2. By Application
- 10.3.3. Argentina Energy & Utilities Construction Market Outlook
  - 10.3.3.1. Market Size & Forecast
    - 10.3.3.1.1. By Value
  - 10.3.3.2. Market Share & Forecast
    - 10.3.3.2.1. By Type
    - 10.3.3.2.2. By Application

11. Market Dynamics

11.1. Drivers
11.2. Challenges

12. Market Trends and Developments

12.1. Merger & Acquisition (If Any)
12.2. Product Launches (If Any)
12.3. Recent Developments

13. Company Profiles

13.1. NPL Construction Co
- 13.1.1. Business Overview
- 13.1.2. Key Revenue and Financials
- 13.1.3. Recent Developments
- 13.1.4. Key Personnel
- 13.1.5. Key Product/Services Offered
13.2. Lyles Utility Construction, LLC
13.3. Lime Energy
13.4. Skanska UK Plc
13.5. Denbow Company
13.6. Alexander Hughes
13.7. Dassault Systemes
13.8. BlackEagle Energy Services