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 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

This statistic shows the projected number of firms in the construction industry in the United States in 2019 and 2026, by size of firm. By 2026, the construction industry in the U.S. is projected to have ** companies employing over 10,000 people.

The global residential construction market size reached approximately USD 4.92 Trillion in 2024. Further, the residential construction industry is further projected to grow at a CAGR of 5.00% between 2025-2034, reaching a value of USD 8.01 Trillion by 2034.

The new construction put in place in the United States in 2024 was valued at **** trillion U.S. dollars. In the coming years, the value of construction is expected to keep growing, reaching roughly **** trillion U.S. dollars in 2029. Construction spending has been growing steadily over the last couple of years. Up to 2022, residential building construction spending also increased.

The Japan construction industry, valued at $609.27 million in 2025, is projected to experience steady growth with a Compound Annual Growth Rate (CAGR) of 3.30% from 2025 to 2033. This growth is driven by several factors. Firstly, government initiatives focused on infrastructure development, particularly in transportation (high-speed rail expansion and improved road networks) and energy (renewable energy projects), are significantly boosting the sector. Secondly, a growing demand for residential properties in urban areas, coupled with ongoing commercial construction projects in major cities like Tokyo and Osaka, are fueling consistent market expansion. Finally, the ongoing need for seismic upgrades and renovations in existing buildings presents considerable opportunities for construction firms. However, the industry faces challenges like a shrinking workforce, rising material costs, and stringent environmental regulations, all potentially impacting growth trajectories. Leading players like Obayashi Corp, Kajima Corp, and Shimizu Corp, are strategically adapting to these conditions through technological advancements, efficient resource management, and diversification into sustainable construction practices. The segmentation within the Japan construction market reveals significant variations in growth potential across sectors. While residential and commercial segments are expected to maintain moderate growth, the infrastructure (transportation) and energy & utilities sectors are projected to experience higher growth rates, driven by government investment and the push toward renewable energy sources. The industrial segment will see more moderate growth reflecting overall economic conditions. The competitive landscape is dominated by established large-scale contractors, but a number of smaller firms are also active, particularly in niche segments like specialized renovations and sustainable building materials. Future success will hinge on the ability of companies to effectively manage costs, adopt innovative technologies (such as prefabrication and BIM), attract and retain skilled labor, and contribute to environmentally responsible construction practices. This in-depth report provides a comprehensive analysis of the Japan construction industry, covering the period from 2019 to 2033. With a base year of 2025 and an estimated year of 2025, this report offers valuable insights into market trends, key players, and future growth projections. The report utilizes data from the historical period (2019-2024) and forecasts market performance from 2025 to 2033. It covers major segments including residential, commercial, industrial, infrastructure (transportation), and energy & utilities, examining market size in millions of units and offering crucial data for investors, industry professionals, and strategic decision-makers. Search Keywords: Japan construction market, Japan construction industry report, Japan construction market size, Japanese construction companies, construction industry Japan, Japanese infrastructure projects, construction market forecast Japan, Shimizu Corp, Kajima Corp, Obayashi Corp. Key drivers for this market are: Growth of Education Sector, Rising Demand for Quality Accomodation. Potential restraints include: Enrolment Fluctuations. Notable trends are: Increase in Infrastructure Developments Boosting the Market.

The construction tech market is projected to witness significant growth from 2025 to 2035, driven by technological advancements, increasing demand for automation, and the integration of AI and IoT in construction processes. The market was valued at USD 7,000 million in 2025 and is expected to reach USD 30,000 million by 2035, reflecting a compound annual growth rate (CAGR) of 16.9% over the forecast period.

Metric	Value
Market Size (2025E)	USD 7,000 million
Market Value (2035F)	USD 30,000 million
CAGR (2025 to 2035)	16.9%

Country-wise Outlook - Construction Tech Market

Country	CAGR (2025 to 2035)
United States	16.8%

Country	CAGR (2025 to 2035)
United Kingdom	16.3%

Region	CAGR (2025 to 2035)
European Union	16.5%

Country	CAGR (2025 to 2035)
Japan	16.4%

Country	CAGR (2025 to 2035)
South Korea	16.6

Competitive Outlook

Company Name	Estimated Market Share (%)
Autodesk, Inc.	20-25%
Trimble Inc.	15-20%
Oracle Construction and Engineering	10-15%
Procore Technologies, Inc.	8-12%
Bentley Systems	5-10%
Other Tech Providers (Combined)	30-40%

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.

North America Data Center Construction Market is Segmented by Infrastructure (Electrical Infrastructure, Mechanical Infrastructure, IT Infrastructure, General Construction, Services), Tier Type (Tier I and II, Tier III, Tier IV), Data Center Type (Colocation, and More), End-User Industry (BFSI, IT and Telecommunications, and More), and Geography. The Market Forecasts are Provided in Terms of Value (USD).

The Construction sector has expanded over the past five years; nonresidential construction activity has been particularly strong, and a surge in materials costs has driven up contractors' rates. Contractors in the sector construct buildings and engineer projects across a wide range of industries and applications, so construction sector revenue tends to correlate with broader macroeconomic conditions. Volatile interest rates, specifically, have impacted sector activity in recent years, with high rates having cooled residential construction activity since 2022. Sector revenue has risen at a CAGR of 4.1% to reach an expected $3.7 trillion in 2025, including an estimated increase of 1.5% in 2025 alone as recent interest rate cuts encourage investment. In recent years, contractors have benefited from easing supply chain issues, with the price of construction materials having slowly fallen from its May 2022 peak (though remaining well above pre-pandemic prices). This more predictable business environment has only had a limited positive effect on the average sector profit margin, however, as the construction sector's perennial labor shortage has kept wage costs high. In 2025, the second Trump administration's policies have disrupted this previously stabilizing business environment, with ever-shifting tariff policies making it harder to plan for the future. A mounting trade war has the potential to disrupt supply chains and drive up the cost of materials, while plans for mass deportations threaten to further limit the sector's labor pool. Still, potential interest rate cuts in the coming years stand to spur increased investment in construction activity. Contractors are set to continue to benefit from increasing commercial and infrastructure construction activity, aided by the 2021 Infrastructure Investment and Jobs Act, the 2022 CHIPS and Science Act and the 2022 Inflation Reduction Act. The Trump administration has looked to disrupt some of the funding included in these bills, particularly that which targets the previous administration's climate goals, however. Basic macroeconomic drivers, including population growth, will continue to expand the construction sector. Areas of the country with lower regulatory burdens, namely the Southeast, will continue to outpace the country as a whole in both construction activity and population growth. Overall, sector revenue is set to climb at a CAGR of 2.0% to reach $4.1 trillion in 2030.

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Artificial Intelligence In Construction Market Size 2025-2029

The artificial intelligence (AI) in construction market size is forecast to increase by USD 40.04 billion, at a CAGR of 56.5% between 2024 and 2029.

The market is experiencing significant growth, driven by the increasing demand for data integration and visual analytics in the industry. Construction projects are becoming increasingly complex, and AI solutions offer the ability to automatically update and build projects, streamlining processes and improving efficiency. However, the implementation of AI in construction faces a notable challenge: the lack of a skilled workforce capable of developing and refining AI algorithms. Additionally, AI-powered design tools, structural analysis software, and building information modeling enable high-efficiency planning and collaboration.
Companies seeking to capitalize on this market's potential must focus on addressing this challenge while continuing to innovate and offer advanced AI solutions to meet the evolving needs of the construction industry. This shortage of expertise may hinder the market's growth and necessitates strategic partnerships and collaborations between industry players and educational institutions to foster talent development. Building managers use sensors, drones, and virtual reality goggles to monitor and manage facilities post-construction.

What will be the Size of the Artificial Intelligence (AI) In Construction Market during the forecast period?

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The artificial intelligence (AI) market in construction is continually evolving, with smart construction solutions gaining traction across various sectors. Autonomous robots, building information modeling, and deep learning technologies are transforming business models, addressing safety concerns, and enhancing efficiency. For instance, an early mover in the industry reported a 15% increase in productivity by implementing an AI-powered robot for pouring concrete on a large-scale project. The construction industry is expected to grow by 6% annually, driven by automation, learning algorithms, and real-time interactions between computer systems and primary participants. Machine learning models also play a crucial role in predictive analytics for project timelines and budgets.
Autonomous robots and drones are streamlining repetitive tasks such as grading plans, notifications, and change orders. Building information modeling and facial recognition systems are enabling real-time safety monitoring, risk mitigation, and problem-solving. Deep learning and machine learning algorithms are optimizing production costs, asset management, and schedule risks. However, challenges persist, including potential safety issues, labor shortages, and expensive errors. AI in construction is not without its open issues, such as the integration of AI with human workforces, safety systems, and the economic cycles. Industry growth in generative AI for construction is expected to reach 20% annually, with applications ranging from structural analysis and risk assessment to prefabrication planning, resource allocation, project scheduling, and digital twin technology.

How is this Artificial Intelligence (AI) In Construction Industry segmented?

The artificial intelligence (AI) in construction industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Component

  Software
  Services
  Hardware


End-user

  Large enterprises
  SMEs


Type

  Machine learning
  Computer vision
  NLP


Geography

  North America

    US
    Canada


  Europe

    France
    Germany
    Italy
    UK


  APAC

    China
    India
    Japan


  Rest of World (ROW)

By Component Insights

The Software segment is estimated to witness significant growth during the forecast period. The AI in construction market is experiencing significant growth, with the software segment currently dominating the global industry in terms of size. In 2024, this segment accounted for a substantial market share. Factors fueling this segment's expansion include globalization, IT integration in the construction sector for decision-making, and the adoption of machine learning platforms, text analytics, robotic process automation, image and video analysis, deep learning, and speech recognition. The increasing demand for software-based AI solutions is driven by the rise in construction activities and the implementation of advanced technologies in emerging economies like China, India, Brazil, Indonesia, and Mexico. Generative design software and building performance evaluation tools facilitate carbon footprint reduction, aligning with industry sustainability goals.

The services segment in th

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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 economic data, t

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Australia Construction Market Size 2025-2029

The australia construction market size is forecast to increase by USD 42.1 billion at a CAGR of 3.5% between 2024 and 2029.

The market is experiencing significant shifts driven by three key factors. Firstly, the mass population shift towards urban cities is fueling a surge in demand for residential and commercial construction projects. This trend is expected to continue as more people move to urban areas in search of employment opportunities and improved infrastructure. Secondly, the adoption of dry construction techniques is gaining momentum in the Australian construction industry. Dry construction methods, such as precast concrete and modular construction, offer numerous advantages, including faster construction times, reduced labor costs, and improved sustainability. As a result, many construction companies are investing in these methods to stay competitive and meet the increasing demand for efficient and cost-effective construction solutions. However, the market is not without its challenges. The rising cost of construction materials is a significant obstacle for construction companies in Australia. Raw materials, such as steel, cement, and timber, have seen significant price increases in recent years due to various factors, including supply chain disruptions and increased demand. This trend is putting pressure on construction companies to find ways to reduce material costs while maintaining quality and efficiency. Additionally, the industry is facing regulatory challenges, with stricter building codes and environmental regulations adding complexity to construction projects and increasing costs. To navigate these challenges, construction companies must focus on innovation, efficiency, and collaboration with suppliers and regulators to find solutions that meet the evolving needs of the market.

What will be the size of the Australia Construction Market during the forecast period?

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The Australian construction market is characterized by a complex regulatory environment and a focus on innovation and sustainability. Construction industry regulations ensure building codes are met, while value engineering and construction cost management help minimize expenses. Sustainable building practices, such as energy efficiency and water conservation, are increasingly prioritized. Construction innovations, including prefabricated structures, automation, drones, and 3D printing, are transforming the industry. Construction risk analysis is crucial for project completion and scheduling, with safety regulations and quality assurance essential for workforce development. Construction equipment parts and repair, as well as heavy equipment rental, are key components of project risk assessment and cost management. The skills gap in the construction workforce is a significant challenge, with AI and modular construction offering potential solutions. Construction insurance claims and project risk assessment are integral to managing unexpected events and ensuring building performance. Construction labor shortages necessitate continuous workforce development and the adoption of new technologies.

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. SectorBuilding constructionInfrastructure constructionIndustrial constructionEnd-userEngineeringResidentialNon-residentialTypeNew constructionRedevelopmentGeographyAPACAustralia

By Sector Insights

The building construction segment is estimated to witness significant growth during the forecast period.

The construction industry in Australia is marked by significant growth in both residential and commercial sectors. With an increasing population of 26.05 million people in 2022, according to World Bank Data, the demand for housing, whether single-family homes or multi-unit developments, is on the rise. Cities like Sydney and Melbourne have seen an increase in high-rise apartment projects to cater to the urban population. In commercial construction, the growing business sector fuels the demand for office and retail space. Environmental regulations play a crucial role in the industry, with a focus on sustainable practices and green building. Construction technology advances have led to innovations such as 3D modeling, construction software, and automation in heavy machinery like skid steer loaders and backhoe loaders. Construction safety is a top priority, with worksite safety regulations strictly enforced. Construction projects require substantial investment capital, from construction financing and project bidding to construction c

America's data center construction market size is projected to reach values of around $3.5 billion by 2023.The increasing focus on reducing power consumption and carbon emission is encouraging operators to construct the energy-efficient infrastructure

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

The Western Europe data center construction market is expected to reach USD 14.41 billion by 2029 from USD 9.01 billion in 2023, growing at a CAGR of 8.14%.

The China Construction Market Report is Segmented by Sector (Residential, Commercial, Infrastructure), by Construction Type (New Construction, Renovation), by Construction Method (Conventional On-Site, Modern Methods of Construction), by Investment Source (Public, Private), and by Geography (Jiangsu, Guangdong, Zhejiang, Beijing, Shanghai, Rest of China). The Market Forecasts are Provided in Terms of Value (USD).

TBRC construction market report includes buildings construction, heavy and civil engineering construction, specialty trade contractors

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Germany Construction Market Size 2025-2029

The Germany construction market size is forecast to increase by USD 66.9 billion at a CAGR of 5% between 2024 and 2029.

The construction market is experiencing significant growth due to several key factors. The increasing demand for housing units, driven by population growth and urbanization, is a major trend In the industry. Another trend is the rising popularity of modular houses, which offer cost savings and faster construction times. In addition, industrialization and digitization have led to innovative technologies, such as drones for mapping and surveying, 3D printing, smart infrastructure, and performance optimization, which help improve construction techniques and sustainability measures. However, the market is also facing challenges, including the increasing cost of construction materials and labor. These factors are putting pressure on construction companies to find innovative solutions to reduce costs and improve efficiency. The market analysis report provides a comprehensive examination of these trends and challenges, offering insights into the future growth prospects of the construction industry.

What will be the Size of the market During the Forecast Period?

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The construction market encompasses a diverse range of sectors, including commercial and residential building activities. Key sectors include hotels, office buildings, outdoor leisure facilities, retail buildings, other commercial construction, and industrial projects such as warehouses, data centers, and industrial parks. Tourism and travel business activities are significant growth drivers, leading to the development of major hotel and infrastructure projects.
Moreover, Green energy initiatives are also fueling construction activities, particularly In the industrialization sector. Participants In the construction market include contractors, suppliers, architects, engineers, and government agencies. Major projects span various development stages, from planning and design to execution and completion. Rapid urbanization, automation, and government investments in infrastructure projects further contribute to the market's growth. Population growth in developing regions is another key factor driving demand for construction services.

How is this market segmented and which is the largest segment?

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.

Type

  Buildings construction
  Heavy and civil engineering construction
  Land planning and development
  Specialty trade contractors


End-user

  Residential
  Commercial
  Public


Sector

  Private sector
  Public sector


Geography

  Germany

By Type Insights

The buildings construction segment is estimated to witness significant growth during the forecast period.

The German construction market experiences ongoing growth in building construction activities, driven by the expanding housing and infrastructure sectors. In 2024, Berlin approved over 5,100 subsidized housing units, marking a substantial increase from previous years. This increase in housing development stimulates the industry, motivating developers to undertake more projects and address housing shortages. Key sectors within building construction include commercial construction, such as office buildings, outdoor leisure facilities, retail buildings, and other commercial structures. Additionally, infrastructure projects, like transportation systems, energy grids, and communication networks, contribute significantly to the market's revenue possibilities. Industrial construction, including manufacturing plants, metal and material processing facilities, and waste processing plants, are also essential components.

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Market Dynamics

Our Germany Construction Market researchers analyzed the data with 2024 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

What are the key market drivers leading to the rise in adoption of Germany Construction Market?

Growing demand for housing units is the key driver of the market.

The construction market in Europe, specifically in Germany, is experiencing significant growth due to several key factors. Population expansion, driven by both natural increase and immigration, is a primary driver of this trend. Germany's appeal as a destination for immigrants has resulted in a growing population, leading to increased demand for housing. Additionally, urbanization is contributing to the increase in demand for housing, as more individuals move to cities in pursuit of

In 2024, the UK Construction Market reached $316.38 billion, and it is projected to surge to $439.04 billion by 2030 due to surge in infrastructure sector