Civil Engineering
The Civil Engineering Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
How Big Is the Civil Engineering Market Size Expected to Be by 2034?
In recent years, the size of the civil engineering market has seen a significant increase. It is projected that the market size will expand from $8899.72 billion in 2024 to $9484.24 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 6.6%. This growth experienced in the past can be linked to factors like an uptick in manufacturing activities, expansion of the civil engineering market, a boost in construction activities, an increase in infrastructural developments and a surge in private investments.
Expectations are high for robust expansion in the civil engineering market size in the forthcoming years. Projected to reach $12103.78 billion by 2029, it will proliferate at a compound annual growth rate (CAGR) of 6.3%. The growth anticipated in the forecast period is a result of the rising emphasis on eco-friendly construction materials, escalating government and private sector investment in construction, increasing purchasing power and consumer trust, infrastructural development, soaring urbanization, and the flourishing construction industry. The forecast period will also witness significant trends like 3D printing, augmented and virtual reality, kinetic energy solutions, advancements in technology, smart infrastructure, and integration of IoT.
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What Are the Emerging Segments Within the Civil Engineering Market?
The civil engineering market covered in this report is segmented –
1) By Service Type: Planning And Design, Construction, Maintenance, Other Service Types
2) By Customer: Government, Private, Other Customers
3) By Application Type: Real Estate, Infrastructure, Industrial
Subsegments:
1) By Planning and Design: Feasibility Studies, Structural Design, Geotechnical Engineering, Environmental Impact Assessments
2) By Construction: General Contracting, Project Management, Site Development, Infrastructure Development
3) By Maintenance: Routine Maintenance Services, Structural Rehabilitation, Asset Management, Inspection And Assessment Services
4) By Other Service Types: Consulting Services, Surveying Services, Urban Planning, Water Resource Management
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What Long-Term Drivers Are Shaping Civil Engineering Market Trends?
The growth of the civil engineering market is anticipated to be driven by escalating construction activities. These activities, associated with the development of buildings, infrastructure, and other types of structures, are spurred by rapid urbanization, infrastructural advancements and a keen emphasis on the accuracy and efficiency of building projects. The significance of civil engineering cannot be underestimated in these construction activities as it provides key elements such as design, planning, structural integrity, maintenance coordination, and innovative solutions. For example, in March 2024, the Australian Bureau of Statistics, a government agency based in Australia, reported that there were 30,992 new private house dwellings, signifying a 3.7% surge from December 2023 and a 14.6% growth from March 2023. Moreover, the number of other private new residential buildings completed increased to 14,844 dwellings, indicating a 5.6% rise in comparison to December 2023. Hence, the civil engineering market is buoyed by the upsurge in construction activities.
Who Are the Top Competitors in Key Civil Engineering Market Segments?
Major companies operating in the civil engineering market are Compagnie de Saint-Gobain S.A., Johnson Controls International PLC, CEMEX S.A.B. de C.V., Jacobs Solutions Inc., Fluor Corporation, AECOM, AtkinsRéalis Group Inc, Stantec Inc., Vicat SA, Tetra Tech Inc., Holcim Limited, Henningson, Durham & Richardson Inc., Boral Limited, Tarmac, GCP Applied Technologies, Galfar Engineering & Contracting SAOG, Geosyntec Consultants, HeidelbergCement AG, Hilti Corporation, The Lafarge
What Ampoule Bottle Market Trends Are Gaining Traction Across Different Segments?
Leading firms within the civil engineering market are investing in the creation of wireless sensor networks. These networks aim to amplify real-time surveillance and upkeep of infrastructure, advance safety measures, and streamline resource administration through the provision of regular, in-depth data regarding structural states, environmental elements, and operational effectiveness. The systems facilitate incessant information acquisition on factors like structural conditions, environmental implications, and load tensions. This enables anticipatory administration and early identification of potential issues. An example of this is Worldsensing, a software company from Spain that unveiled a new wireless sensor, the vibration meter, in November 2023. The sensor, designed to boost vibration monitoring in civil engineering ventures, comes with a high-energy density battery that is user-replaceable and can last up to two years based on the usage. It can function within a temperature band of -40 °C to 80 °C and can transmit over distances reaching 15 km using the Long Range (LoRa) technology of Worldsensing.
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Which Regions Are Becoming Hubs for Civil Engineering Market Innovation?
North America was the largest region in the civil engineering market in 2024. The regions covered in the civil engineering market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Civil Engineering Market?
2. What is the CAGR expected in the Civil Engineering Market?
3. What Are the Key Innovations Transforming the Civil Engineering Industry?
4. Which Region Is Leading the Civil Engineering Market?
Why This Report Matters:
Competitive overview: This report analyzes the competitive landscape of the civil engineering market, evaluating key players on market share, revenue, and growth factors.
Informed Decisions: Understand key strategies related to products, segmentation, and industry trends.
Efficient Research: Quickly identify market growth, leading players, and major segments.
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