The United States Commercial Construction Market Report is Segmented by Commercial Sector Type (Office, Industrial & Logistics, and More), by Construction Type (New Construction and Renovation), by Investment Source (Private and Public), and by States (Texas, Florida, California, and More). The Report Offers Market Size and Forecasts in Value (USD) for all the Above Segments.

In 2023, the construction of non-building projects increased by nearly ** billion U.S. dollars. This segment refers to power facilities, highways, sewage, water supply, and conservation work. The market size of the non-building segment was significantly smaller than that of residential and non-residential construction. New residential construction in the United States increased considerably in the past years.

In 2024, the China Construction Market reached $2.99 trillion, and is projected to surge to $4.11 trillion by 2030 due to government-backed initiatives

The value of new transportation buildings construction put in place in the United States is expected to keep increasing until 2028. Construction spending for transportation construction projects is projected to reach nearly ** billion U.S. dollars in 2027. The last actual figures were for 2023, when they amounted to **** billion U.S. dollars.

Residential Construction Market Outlook

The global residential construction market size was valued at $XX billion in 2023 and is projected to reach $XX billion by 2032, growing at a compound annual growth rate (CAGR) of XX% during the forecast period. This considerable growth is driven by several factors, including increasing urbanization, rising disposable incomes, and government initiatives focused on housing development. The expanding population, especially in emerging economies, and the growing trend toward nuclear families are also crucial drivers bolstering the market's growth.

One of the primary growth factors for the residential construction market is the rapid urbanization observed worldwide. As more people move from rural areas to urban centers in search of better employment opportunities and improved living standards, the demand for residential units in cities has skyrocketed. Urbanization not only increases the demand for new housing but also necessitates the renovation and upgrading of existing infrastructure to accommodate the growing population. Additionally, governments around the world are implementing policies and offering incentives to stimulate the housing sector, thus directly contributing to market growth.

Another significant driver is the rise in disposable incomes, especially in developing nations. Higher disposable incomes enable individuals and families to invest in better housing, resulting in increased demand for residential construction. Economic growth in various regions has led to a higher standard of living, with more people aspiring to own homes that offer enhanced comfort and amenities. This trend is complemented by the availability of favorable financing options and mortgage rates, which make home buying more accessible to a larger segment of the population.

Technological advancements in construction techniques and materials are also playing a pivotal role in the market's growth. Innovations such as prefabrication, 3D printing, and green building materials are not only making construction quicker and more cost-efficient but are also aligning with the growing demand for sustainable and energy-efficient homes. These technological improvements are attracting both homeowners and real estate developers, eager to reduce costs and enhance the quality of construction. Consequently, technology is evolving into a critical enabler of the marketÂ’s expansion.

Regionally, Asia Pacific is expected to dominate the residential construction market during the forecast period. Rapid economic development, substantial urban migration, and supportive governmental policies are driving the market in this region. Countries like China and India, with their massive populations and expanding middle classes, present immense opportunities for residential construction. However, North America and Europe are also experiencing steady growth, driven by urban renewal projects and an increasing focus on sustainable living spaces. The Middle East & Africa and Latin America, while smaller in market share, are anticipated to witness moderate growth fueled by urbanization and infrastructural investments.

Construction Spending plays a pivotal role in shaping the dynamics of the residential construction market. The allocation of funds towards building new homes and renovating existing structures directly influences the pace and scale of market growth. Governments and private investors are increasingly recognizing the importance of strategic construction spending to address housing shortages and improve living conditions. By channeling resources into construction projects, stakeholders can stimulate economic activity, create jobs, and enhance infrastructure. This financial commitment not only supports the development of new residential units but also ensures the modernization and sustainability of existing housing stock, aligning with broader urban development goals.

Type Analysis

The residential construction market can be segmented by type into single-family housing and multi-family housing. Single-family housing remains a dominant segment, driven by the growing preference for privacy and individual living spaces. This trend is particularly prominent in North America and Europe, where suburban living is highly popular. Single-family homes offer the luxury of private outdoor spaces, better control over living conditions, and more room for customization, making them highly desirable among homeowners. The financial incentives provided by g

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Construction Market in EMEA Size 2024-2028

The construction market in emea size is forecast to increase by USD 382.8 billion at a CAGR of 5.34% between 2023 and 2028. The market (Europe, Middle East, and Africa) is experiencing significant changes, driven by various factors. One key trend is the increasing adoption of green buildings, which are in the Innovator's stage in some regions and the Early Majority in others, leading to varying adoption rates and penetration levels. Another trend is the implementation of new technologies and materials, such as Building Information Modeling (BIM) and precast concrete, which are altering purchase criteria for construction projects. The market also faces challenges, including the rising cost of construction, particularly in heavy & civil engineering and specialty trade contracting sectors. These trends and challenges are shaping the future of the construction industry in EMEA, with a focus on sustainability, efficiency, and cost-effectiveness.

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The construction industry in Europe, the Middle East, and Africa (EMEA) is experiencing a significant rebound, fueled by the real GDP recovery and increased economic activity. This resurgence is evident in various sectors, including residential and non-residential building construction. Construction sheets, such as flooring, walls & ceilings, roofing, and HVAC systems, are in high demand as the end-user industry continues to recover. The urban population growth and immigration trends are driving the demand for new residential buildings, leading to a surge in residential building permits. Infrastructure building is another sector witnessing a resurgence, with public investments in roads, electricity and power, water and sewage, ports, and airports contributing to the growth.

Concrete machinery and other construction equipment sales are experiencing a corresponding increase due to the heightened infrastructure development activities. The construction industry's recovery is also influenced by energy prices and material prices. While lower energy prices have reduced production costs, material prices have been on the rise due to increased demand and supply chain disruptions. The EU-backed investment in green initiatives, such as carbon neutrality and reducing greenhouse gas emissions, is also impacting the construction market. This trend is leading to an increased focus on sustainable building materials and energy-efficient HVAC systems. Commercial and industrial construction sectors are also experiencing growth, driven by the economic recovery and the need for new facilities to accommodate expanding businesses.

The demand for new offices, warehouses, and factories is expected to continue, leading to increased sales of construction equipment and materials. In conclusion, the market is experiencing a robust recovery, driven by the real GDP growth, increased economic activity, and public investments in infrastructure. The demand for construction sheets, concrete machinery, and other equipment is expected to remain strong, with flooring, walls & ceilings, roofing, HVAC, and infrastructure building sectors leading the growth. The focus on sustainability and carbon neutrality is also influencing the market trends, with a growing emphasis on green building materials and energy-efficient systems.

Market Segmentation

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

End-user

  Private sector
  Public sector


Type

  Commercial
  Residential


Geography

  EMEA

By End-user Insights

The private sector segment is estimated to witness significant growth during the forecast period.In the EMEA region, the construction industry has witnessed significant activity in the private sector, with a focus on residential and commercial projects. The need for maintaining and renovating existing buildings is on the rise due to the increasing population and the presence of aging structures. This trend is particularly noticeable in the residential sector, where the demand for energy-efficient and modernized homes is driving the need for retrofitting and renovation. Government regulations have also played a role in this trend, with stricter policies being implemented to ensure that building contractors and property owners adhere to energy-efficient building norms.

As a result, there is a growing emphasis on optimizing heating and cooling systems, as well as other energy-saving measures, within buildings. Construction sheets and equipment sales are expected to benefit from this increased demand for renovation and retrofitting activities. End-user industries, including the residential and commercial sectors, are expected to drive the growth in this market. According to recent e

Construction output in Argentina increased 8.60 percent in May of 2025 over the same month in the previous year. This dataset provides - Argentina Construction Output- actual values, historical data, forecast, chart, statistics, economic calendar and news.

In 2024, global Construction market size was valued at $11.39 Tn, and it is expected to reach $16.11 Tn by 2030 with a CAGR of 5.5% from 2025 to 2030

Europe Data Center Construction Market Report Segments the Industry Into Infrastructure (By Electrical Infrastructure, by Mechanical Infrastructure, General Construction), by Tier Type (Tier 1 and 2, Tier 3, Tier 4), by Data Center Type (Colocation, Self-Built Hyperscalers (CSPs) and More). The Market Sizes and Forecasts are Provided in Terms of Value (USD Million) for all the Above Segments.

The GCC construction market, valued at $169.30 million in 2025, is projected to experience robust growth with a Compound Annual Growth Rate (CAGR) exceeding 5.00% from 2025 to 2033. This expansion is driven by several key factors. Significant government investments in infrastructure projects, particularly within transportation networks (roads, airports, and railways) and large-scale energy and utility developments are fueling demand. Furthermore, a burgeoning population and increasing urbanization across the GCC nations necessitate substantial residential and commercial construction, contributing to the market's upward trajectory. The sector is witnessing a shift towards sustainable building practices and the adoption of advanced construction technologies, enhancing efficiency and minimizing environmental impact. While rising material costs and potential labor shortages could present challenges, the overall positive economic outlook and sustained government spending on infrastructure projects are expected to mitigate these restraints. The market is segmented into Commercial, Residential, Industrial, Infrastructure (Transportation), and Energy & Utilities Construction, with Infrastructure and Residential sectors expected to be the largest contributors to growth during the forecast period. Key players, including Almabani General Contractors, Khansaheb, Arabian Construction Company, ASGC Construction, and others, are actively competing for market share, leading to innovation and improved service offerings. The forecast period (2025-2033) promises significant opportunities for companies specializing in sustainable construction methods, prefabricated buildings, and project management software. The continued focus on mega-projects, coupled with the region's commitment to diversifying its economy, will further stimulate growth. While geopolitical factors and global economic conditions can impact the construction market, the long-term outlook for the GCC region remains optimistic, suggesting sustained growth in the construction sector well beyond the forecast period. The healthy pipeline of projects and ongoing government initiatives to improve infrastructure and housing indicate a strong future for the GCC construction market. Recent developments include: April 2023: ALEC Engineering and Contracting (ALEC), part of the Investment Corporation of Dubai (ICD), has won the main contract for constructing Wynn Resort, an integrated resort development on the man-made Al Marjan Island. The contract was awarded by Ras Al Khaimah-based master developer Marjan, along with RAK Hospitality Holding and Wynn Resorts Limited., February 2023: ASGC successfully completed Grand Creek Harbour at Dubai Creek Harbour. This 2 million sq. ft. development comprises two slender towers, offering a luxury 5-star hotel with 220 keys and 790 serviced apartments. The development features a stunning glass facade and is designed with sustainability in mind, including solar panels, energy-efficient fixtures, green materials, and water-friendly landscaping.. Key drivers for this market are: Green And Sustainable Buildings Initiatives, Urbanisation and Tousrism Growth. Potential restraints include: Decliing Crude Oil Prices. Notable trends are: Rising Investments in the Infrastructure Construction Market.

The construction industry grew to a spending value of close to ** trillion U.S. dollars before the coronavirus pandemic, and is expected to grow by ***** percent per annum. This includes building projects in real estate - either residential or commercial - but also in infrastructure or industrial structures. Construction spending data includes cost of labor and materials, architectural and engineering work, and taxes.The United States has one of the largest construction industries in the world, with their total value of new construction having grown since the global Recession. Between 2019 and 2020, Buenos Aires is expected to the have one of the largest growths in the city’s constructions costs. In 2021, Asia Pacific is expected to have the highest construction industry output in the world.

Construction output in Latvia increased 9 percent in March of 2025 over the same month in the previous year. This dataset provides - Latvia Construction Output- actual values, historical data, forecast, chart, statistics, economic calendar and news.

In 2024, the North America Construction Market reached $2.58 trillion, and is projected to surge to $3.53 trillion by 2030 due to rising government investment

3D Printing Construction Market Report is Segmented by Method (Extrusion, Powder Bonding, and More), Material Type (Concrete, Metal, and Composite), End-Use Sectors (Commercial, Residential, and Industrial), Construction Setting (On-Site Printing, Off-Site / Prefabrication, Hybrid), and Geography. The Market Forecasts are Provided in Terms of Value (USD).

Data Center Construction Market is Segmented by Tier Type (Tier 1 and 2, Tier 3 and Tier 4), Data Center Type(Colocation, Self-Built Hyperscalers (CSPs), Enterprise, and Edge), and Infrastructure (Electrical Infrastructure, Mechanical Infrastructure), and by Geography. The Market Forecasts are Provided in Terms of Value (USD).

Construction output in Albania increased 7.60 percent in March of 2025 over the same month in the previous year. This dataset provides - Albania Construction Output- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Construction Spending Market Outlook

The global construction spending market size was valued at USD 11.2 trillion in 2023 and is projected to reach USD 20.3 trillion by 2032, registering a robust CAGR of 6.2% during the forecast period. The market growth is driven by rapid urbanization, increasing infrastructure development, and rising investments in residential and non-residential construction globally.

One of the primary growth factors for the construction spending market is the rapid urbanization across both developed and developing countries. As more people migrate to urban areas in search of better job opportunities and living standards, the demand for residential buildings, commercial spaces, and infrastructure such as roads and bridges increases significantly. This urban migration places immense pressure on existing infrastructure and drives the need for new construction projects, thereby fueling market growth. Additionally, government initiatives aimed at improving urban infrastructure and housing facilities further contribute to the surge in construction spending.

Technological advancements in construction methods and materials also play a crucial role in driving the market. Innovations such as Building Information Modeling (BIM), prefabricated construction, and the use of sustainable and energy-efficient materials have revolutionized the construction industry. These technologies not only enhance the efficiency and speed of construction projects but also reduce costs and environmental impact. As a result, construction companies are more inclined to invest in new projects, boosting overall construction spending. Furthermore, the integration of digital tools and automation in construction processes is expected to continue propelling market growth throughout the forecast period.

The increasing focus on sustainable and green construction practices is another significant factor contributing to the market's growth. With growing awareness about environmental issues and the need for sustainable development, both governments and private entities are prioritizing eco-friendly construction projects. The adoption of green building standards and certifications, such as LEED (Leadership in Energy and Environmental Design), encourages investment in energy-efficient and environmentally responsible construction. This trend is anticipated to drive substantial growth in the construction spending market, as more stakeholders recognize the long-term benefits of sustainable construction.

Regionally, the Asia Pacific region is expected to witness the highest growth in construction spending, driven by the rapid economic development and urbanization in countries like China, India, and Southeast Asian nations. Government initiatives to improve infrastructure, coupled with rising disposable incomes and population growth, are key factors fuelling the market in this region. North America and Europe are also significant contributors to the market, with substantial investments in both residential and non-residential construction projects. Moreover, the Middle East & Africa region is projected to experience considerable growth due to increasing infrastructure development and urbanization.

The residential construction sector is a cornerstone of the construction spending market, driven by the increasing demand for housing in urban areas. As cities expand and populations grow, the need for new residential developments becomes more pressing. This demand is not only for traditional housing but also for modern living spaces that incorporate smart technologies and sustainable practices. The integration of energy-efficient systems and eco-friendly materials in residential construction is becoming increasingly popular, as homeowners and developers alike seek to reduce environmental impact and enhance living standards. Furthermore, government policies promoting affordable housing and urban renewal projects are providing significant impetus to the residential construction sector, ensuring its continued growth and relevance in the broader construction market.

Type Analysis

The construction spending market by type is segmented into residential, non-residential, and infrastructure. The residential segment encompasses expenditures on housing projects such as single-family homes, multi-family residential buildings, and apartment complexes. This segment is driven by increasing urbanization, population growth, and government policies promoting affordable housing. The

The Report Covers Investment Analysis of Construction Industry in GCC Countries and the Market is Segmented by Sector (Commercial Construction, Residential Construction, Industrial Construction, Infrastructure (Transportation) Construction, and Energy and Utilities Construction) and Country (Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates).

The North America Transportation Infrastructure Construction Market Report is Segmented by Type (Roadways, Railways, Airways and Ports and Inland Waterways), by Construction Type (New Construction and Renovation), by Investment Source (Public and Private) and by Country (United States, Canada and Mexico). The Report Offers Market Size and Forecasts in Value (USD) for all the Above Segments.

The United States home construction market is projected to grow from $XX million in 2025 to $XX million by 2033, at a CAGR of 3.00% during the forecast period. Key drivers of this growth include increasing population, rising incomes, and low interest rates. Additionally, the growing popularity of smart homes and green building technologies is creating new opportunities for home builders. The market is segmented by type (apartments & condominiums, villas, and other types), construction type (new construction and renovation), and city (New York City, Los Angeles, San Francisco, Washington DC, and Miami). The new construction segment is expected to hold the largest market share during the forecast period, driven by the increasing demand for new homes from growing families and millennials. The multi-family home builders segment is projected to grow at a higher CAGR than the single-family home builders segment during the forecast period, due to the increasing popularity of urban living and the rising demand for affordable housing. Recent developments include: June 2022 - Pulte Homes - a national brand of PulteGroup, Inc. - announced the opening of its newest Boston-area community, Woodland Hill. Offering 46 new construction single-family homes in the charming town of Grafton, the community is conveniently located near schools, dining, and entertainment, with the Massachusetts Bay Transportation Authority commuter rail less than a mile away. The collection of home designs at Woodland Hill includes three two-story floor plans, ranging in size from 3,013 to 4,019 sq. ft. with four to six bedrooms, 2.5-3.5 baths, and 2-3 car garages. These spacious home designs feature flexible living spaces, plenty of natural light, gas fireplaces, and the signature Pulte Planning Center®, a unique multi-use workstation perfect for homework or a family office., December 2022 - D.R. Horton, Inc. announced the acquisition of Riggins Custom Homes, one of the largest builders in Northwest Arkansas. The homebuilding assets of Riggins Custom Homes and related entities (Riggins) acquired include approximately 3,000 lots, 170 homes in inventory, and 173 homes in the sales order backlog. For the trailing twelve months ended November 30, 2022, Riggins closed 153 homes (USD 48 million in revenue) with an average home size of approximately 1,925 square feet and an average sales price of USD 313,600. D.R. Horton expects to pay approximately USD 107 million in cash for the purchase, and the Company plans to combine the Riggins operations with the current D.R. Horton platform in Northwest Arkansas.. Key drivers for this market are: Indonesia's Hospitality Market Shifting Preference for Local and Authentic Experiences. Potential restraints include: Difficulties in Implementing Tourism Policies. Notable trends are: High-interest Rates are Negatively Impacting the Market.