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The North America Construction Market report segments the industry into By Country (Canada, United States), By Sector (Commercial Construction, Residential Construction, Industrial Construction, Infrastructure (Transportation) Construction, Energy and Utilities Construction), and By Construction Type (Additions, Demolition and New Constructions). Five-year historical trends and forecasts are included.
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The North American Residential Construction Market Report is Segmented by Property Type (single Family and Multi-Family), Construction Type (new Construction and Renovation), and Region (United States, Canada, and Mexico). The Report Offers Size and Forecasts for the North American Residential Construction Market in Terms of Value (USD Billion) for all the Above Segments.
In 2023, CICSA was the leading construction company in Mexico based on net sales, followed by Coconal. The sales volume of CICSA that year amounted to 45 billion Mexican pesos. Most of the largest construction companies were of Mexican origin, except for Techint Ingeniería y Construcción. The Mexican construction industry's revenue increased a lot in 2023.
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Graph and download economic data for Public Construction for United States (A02193USA398NNBR) from 1915 to 1963 about public, construction, and USA.
In 2023, the construction industry in Mexico was the largest in Latin America and the Caribbean, amounting to over 121 billion U.S. dollars. Brazil came in second, followed by Argentina, Chile, and Peru. The most populated countries in Latin America were the ones with the largest construction GDP figures.
The value of overall construction output in the United States grew by over *** trillion U.S. dollars in 2024. That refers to all construction activities, including the construction of buildings and infrastructure, as well as other specialized activities, such as roofing, HVAC, and plumbing installation, among others. The construction sector during recessions The strength of the construction industry generally tends to parallel that of the nation’s economy. After the Great Recession in 2008, there was a noticeable decrease in the value of new construction put in place in the United States, as it can be observed in this statistic. Nevertheless, both public and private construction spending in the U.S. kept increasing in 2020 despite the effects of the start of the COVID-19 pandemic in the economy. Construction worker shortage To sustain growth, there are several challenges that the construction industry in the U.S. has faced in the past years. The shortage if skilled labor in the construction industry has been one of the most notable barriers to growth in the industry in the past couple of years. The industry is facing that challenge at a time in which there is also a high demand for new buildings, as there was a significant housing shortage in metropolitan areas all throughout the United States.
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the Report Covers Latin American Construction Market Companies, Segmented by Sector (residential, Commercial, Industrial, Infrastructure (transportation), Energy, and Utilities). the Market Size and Forecast are Provided in Values (USD) for all the Above Segments.
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The North America Data Center Construction Market report segments the industry into Infrastructure (Electrical Infrastructure, Mechanical Infrastructure, General Construction), Electrical Infrastructure (Power Distribution Solution, and more), Mechanical Infrastructure (Cooling Systems, and more), Tier Type (Tier-I and II, Tier-III, and more), End User (Banking, Financial Services, and Insurance, and more), and Geography.
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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
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South America 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). The Market Forecasts are Provided in Terms of Value (USD).
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Construction Spending in the United States decreased 0.30 percent in May of 2025 over the previous month. This dataset provides the latest reported value for - United States Construction Spending - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
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In 2024, the Latin America Construction Market reached $464.50 billion, and is projected to surge to $514.29 billion by 2030 at a CAGR of 0.9% from 2025 to 2030
In the U.S., the types of infrastructure with the biggest market size in the construction industry in 2024 were power installations, as well as highways and streets. These segments made up more than half of the spending in infrastructure construction that year. Transportation infrastructure occupied the third position in the list, with approximately 68 billion U.S. dollars' worth of construction put in place. Power also was the type of private infrastructure construction in the U.S. with the biggest market size.
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This dataset provides values for CONSTRUCTION OUTPUT reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.
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Graph and download economic data for All Employees, Construction (USCONS) from Jan 1939 to Jun 2025 about establishment survey, construction, employment, and USA.
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Graph and download economic data for Total Construction Spending: Total Construction in the United States (TTLCON) from Jan 1993 to May 2025 about expenditures, construction, and USA.
US Commercial Construction Market Size 2025-2029
The us commercial construction market size is forecast to increase by USD 191 billion at a CAGR of 2.7% between 2024 and 2029.
The Commercial Construction Market in the US is experiencing significant growth driven by the increasing trend towards sustainable building design and the emergence of smart cities. Green buildings, which incorporate energy-efficient designs and renewable energy sources, are gaining popularity due to their environmental benefits and cost savings over time. This trend is expected to continue, with the US Green Building Council reporting that nearly half of all new commercial construction projects in the US are now green certified. However, the market is not without challenges. One of the most pressing issues is the lack of skilled labor in the construction industry. According to the Associated General Contractors of America, over 80% of contractors report difficulty in filling hourly craft positions. This labor shortage is driving up costs and delaying project timelines, making effective workforce management a critical challenge for construction companies. To capitalize on the growth opportunities in the market, companies must focus on innovative solutions to address the labor shortage, such as training programs and partnerships with vocational schools. Additionally, leveraging technology, such as automation and modular construction, can help improve efficiency and reduce reliance on manual labor. Overall, the Commercial Construction Market in the US presents significant opportunities for companies that can effectively navigate these challenges and stay ahead of the trend towards sustainable and smart building design.
What will be the size of the US Commercial Construction Market during the forecast period?
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The commercial construction market in the US is experiencing significant dynamics and trends. Labor force shrinkage and escalating costs are major challenges for office building construction, repair and maintenance, water infrastructure projects, and mixed-use developments. Infrastructure development programs and urban regeneration are driving the need for energy-saving designs, outdoor leisure facilities, and renovation and retrofitting. Product lead times and fluctuating material prices add complexity to retail building projects in the non-residential building market. Labor shortages and rising building material prices are also impacting infrastructure projects and refurbishment and demolition activities. These factors necessitate innovative solutions and strategic planning for US businesses in the construction sector. Market research firms like FMI, Grand View Research, and Juniper Research provide valuable insights into these trends and dynamics.
How is this market segmented?
The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments. SectorPrivate constructionPublic constructionTypeBuildingOthersEnd-userOffice buildingsRetail spacesHotels and hospitalityHealthcare facilitiesOthersGeographyNorth AmericaUSEuropeMiddle East and AfricaAPACSouth AmericaRest of World (ROW)
By Sector Insights
The private construction segment is estimated to witness significant growth during the forecast period.
The commercial construction market in the US encompasses the development of various structures, including restaurants, grocery stores, shopping centers, office facilities, hospitals, and educational institutions. Notable projects, such as the El Paso VA Health Care Center in Fort Bliss, which had its groundbreaking on August 28, 2024, and Skymark Reston Town Center, the tallest residential tower in the Capital Region, which reached its topping out point in October 2023, contribute significantly to this sector's expansion. Infrastructure development programs, such as electric grid reconstruction and water infrastructure projects, are also driving the commercial construction market. For instance, the infrastructure bill, which includes funding for infrastructure projects, is expected to boost the market's growth. Additionally, the non-residential building market is experiencing a surge due to urban regeneration and renovation and retrofitting initiatives. However, the market faces challenges, including labor shortages, cost escalation, and fluctuating material prices. The construction industry's labor shortage is a significant concern, with an estimated 200,000 unfilled jobs in 2023. Furthermore, infrastructure projects often face delays due to labor shortages and rising material prices. The non-residential segment, including office buildings and retail buildings, is experiencing increased demand due to the shift towards energy-saving designs and the need for better communic
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North America Buildings and Construction Sheets Market report is segmented by material (bitumen, rubber, metal, and polymer), end user (residential, commercial, and industrial), and country (United States and Canada). The report offers size and forecasts for all the above segments in value (USD).
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GDP from Construction in the United States decreased to 872.50 USD Billion in the first quarter of 2025 from 873.80 USD Billion in the fourth quarter of 2024. This dataset provides - United States Gdp From Construction- actual values, historical data, forecast, chart, statistics, economic calendar and news.
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The North America transportation infrastructure construction market size was valued at USD XX million in 2025 and is projected to reach USD XX million by 2033, exhibiting a CAGR of 5.00% during the forecast period. The growth of the market is primarily driven by increasing government investments in infrastructure development, rising demand for efficient transportation networks, and the need for sustainable transportation solutions. Additionally, the growing population and urbanization in the region are fueling the demand for improved transportation infrastructure. Governments are prioritizing the development of smart cities and investing heavily in infrastructure projects to enhance mobility and connectivity. The focus on reducing carbon emissions and promoting green transportation is also expected to drive the adoption of sustainable construction practices in the market. Key trends in the market include the growing adoption of advanced technologies such as Building Information Modeling (BIM) and 3D printing, which enhance project efficiency and reduce construction time. The increasing use of alternative materials and sustainable practices is also shaping the market, as governments and construction companies prioritize environmental consciousness. Partnerships between public and private sectors are becoming more common, with governments seeking private investment and expertise to support infrastructure development. The evolving regulatory landscape, with stricter safety and environmental regulations, is also influencing market dynamics. Major companies operating in the market include L&T Construction, Kraemer North America, Bechtel Corporation, CK Hutchison Holdings Limited, and ACS Actividades de Construccin y Servicios SA. These companies are involved in various projects across the region, providing a wide range of construction services. Recent developments include: August 2021: The Ministry of Transportation and Infrastructure announced a USD 837 million Trans-Canada highway widening project between Alberta and B.C. This project involves the construction of bridges and the widening of two lanes highways to four lanes, creating more than 1,200 direct jobs and 700 indirect jobs., February 2021: The United States and Canada planned to invest in transport infrastructure development to offer pipeline projects in the pre-construction or construction stages in the next five years.. Key drivers for this market are: 4., Rapid Urbanization and Rising Disposable Income4.; Government Initiatives and Expanding Economy. Potential restraints include: 4., Limited Land Availability4.; Economic Uncertainties. Notable trends are: Increasing Infrastructure Activities in the United States.
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The North America Construction Market report segments the industry into By Country (Canada, United States), By Sector (Commercial Construction, Residential Construction, Industrial Construction, Infrastructure (Transportation) Construction, Energy and Utilities Construction), and By Construction Type (Additions, Demolition and New Constructions). Five-year historical trends and forecasts are included.