The North America 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 (United States, Canada, Mexico). 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.

The US Residential Construction Market Report is Segmented by Type (Apartment & Condominiums, Villas and Landed Houses), by Construction Type (New Construction and Renovation), by Construction Method (Conventional On-Site, and More), by Investment Source (Public and Private), and by Region (Northeast, Midwest, Southeast, West, and Southwest). The Market Forecasts are Provided in Terms of Value (USD).

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

Snapshot img

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?

Request Free Sample

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 communication linkages and operatio

Snapshot img

Turkey Construction Market Size 2024-2028

The turkey construction market size is forecast to increase by USD 68.3 billion, at a CAGR of 5.96% between 2023 and 2028.

The market is experiencing significant growth, driven by the increasing demand for real estate properties. This trend is fueled by both domestic and foreign investors seeking opportunities in Turkey's thriving economy. Another key driver is the government's focus on building earthquake-resilient structures, which is leading to increased investment in advanced construction technologies and materials. However, the market faces challenges as well. The rising cost of construction materials, particularly steel and cement, poses a significant obstacle for construction firms, potentially increasing project costs and impacting profitability. To capitalize on market opportunities and navigate these challenges effectively, companies must stay informed of the latest construction trends and technologies, while also exploring cost-effective solutions for sourcing construction materials. Additionally, collaborating with local partners and suppliers can help mitigate risks and ensure regulatory compliance, ultimately positioning firms for long-term success in Turkey's dynamic construction market.

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

Explore in-depth regional segment analysis with market size data - historical 2018-2022 and forecasts 2024-2028 - in the full report.
Request Free Sample

The construction industry in Turkey is experiencing dynamic changes, driven by various factors. Research indicates that maintenance and supervision are critical challenges, necessitating innovative solutions. Construction technology adoption, including data analytics and testing, is transforming project management and inspection processes. Building retrofit and adaptive reuse are gaining traction, contributing to the industry's future growth. Sustainable construction practices, green building design, and infrastructure maintenance are key trends, driven by policy and regulatory requirements. Specialty contracting and consulting services are essential for addressing complex projects. Construction economic outlook remains positive, with opportunities in general contracting, repair, and demolition. The industry's future hinges on workforce development, innovation, and compliance with regulations. Construction services, from project management to inspection, are evolving to meet these challenges and opportunities.

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 2024-2028, as well as historical data from 2018-2022 for the following segments. SectorPrivatePublicEnd-userResidentialInfrastructureCommercialGeographyMiddle East and AfricaTurkey

By Sector Insights

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

The Turkish construction market witnesses dynamic activity and trends, driven largely by the private sector. This segment plays a pivotal role in shaping the industry's landscape, offering various services and projects throughout the country. Employment generation and economic growth are significant outcomes of this sector's growth. High-rise buildings, a notable contribution, are increasingly popular in major cities like Istanbul, Ankara, and Izmir. Sustainable and energy-efficient practices, such as LEED certification and green building, are gaining traction in residential and commercial construction. Construction automation, project management, and digital transformation are key trends, with the adoption of construction management software, building information modeling, and robotics in construction. Real estate development, infrastructure projects, and industrial construction are other thriving sectors, with safety regulations, building codes, and quality control ensuring the highest standards. Construction audits, waste management, and recycling initiatives contribute to cost savings and sustainability. Construction financing, permits, and contracts are streamlined through innovative methods, enabling efficient and effective project execution. The market is characterized by continuous innovation, with precast concrete, structural steel, and 3D modeling being widely used. Skilled labor and workforce management are essential components of the industry, with quality assurance and safety regulations ensuring the delivery of top-notch projects. Infrastructure development, including bridge construction and highway construction, is ongoing, driving the demand for heavy equipment and construction machinery. Environmental regulations and sustainability are increasingly important, with the use of sustainable construction materials and a focus on energy efficiency. Construction risk management and safety standards

The remote construction market is estimated to be worth USD 1.45 billion in 2025 and anticipated to reach a value of USD 6 billion by 2035. Sales are projected to rise at a CAGR of 15.2% over the forecast period between 2025 and 2035. The industry is experiencing a profound change that could be attributed to technological progress, labor shortages, and the necessity of cost-efficient and effective construction solutions.

Metrics	Values
Industry Size (2025E)	USD 1.45 billion
Industry Value (2035F)	USD 6 billion
CAGR (2025 to 2035)	15.2%

Trend Analysis and Purchasing Criteria across Different End-Use Segments

Organization	Investment Value (USD Million)
Australian Government	USD 54 Million
UK Cabinet Office	USD 103,136 Million
Commonwealth Bank of Australia (CBA)	Not specified
Queensland Government	USD 530 Million

Segment-wise Analysis

Component	Share (2025)
Remote Construction Solutions	65.3%

Application	CAGR (2025 to 2035)
Remote Management	16.6%

Country-wise Analysis (2025 to 2035)

Country	CAGR (2025 to 2035)
USA	8.2%
UK	7.5%
France	6.8%
Germany	7%
Italy	6.3%
South Korea	8%
Japan	7.2%
China	9.5%
Australia	7.8%
New Zealand	6.5%

The India Construction Market Report is Segmented by Sector (Residential, Commercial and Infrastructure), by Construction Type (New Construction and Renovation), by Construction Method (Conventional On-Site, and More), by Investment Source (Public and Private), and by Region (North India, South India, West India, East India and Central India). The Market Forecasts are Provided in Terms of Value (USD).

Snapshot img

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.

Request Free Sample

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

The global construction market is booming, projected to reach $2000 billion by 2033, driven by infrastructure development and urbanization. Explore market trends, leading companies, and regional growth in this comprehensive analysis of the construction industry. Discover key drivers, restraints, and segmentation data for informed decision-making.

In 2024, the U.S. Construction Market reached $1.77 trillion, and is projected to surge to $2.52 trillion by 2030 due to surge in government investment

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 India Commercial Construction Market Report is Segmented by Commercial Sector Type (Office, Retail, Industrial and Logistics, and Others), by Construction Type (New Construction and Renovation), by Investment Source (Public and Private), and by Region (North India, South India, West India, East India, and Central India). The Market Forecasts are Provided in Terms of Value (USD).

The data center construction market is expected to grow from USD 240.67 billion in 2024 to USD 469.86 billion by 2032, registering a 7.8% CAGR during 2025-2032.

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 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.

The global construction services market is experiencing robust growth, projected to expand from $6,822.71 billion in 2021 to $14,519.7 billion by 2033. This expansion is driven by increasing global population, rapid urbanization, and significant government investments in infrastructure development. Technological advancements, such as Building Information Modeling (BIM) and modular construction, are enhancing efficiency and productivity. The market is also witnessing a strong shift towards sustainable and green building practices, responding to environmental concerns and stringent regulations. While North America and Europe remain substantial markets, the Asia-Pacific and African regions are emerging as high-growth hotspots, fueled by economic development and a rising need for residential, commercial, and industrial infrastructure. However, the industry faces challenges, including skilled labor shortages and volatile raw material prices, which could temper growth potential.

Key strategic insights from our comprehensive analysis reveal:

The market is dominated by North America and Europe in terms of revenue, but the Asia-Pacific region is poised for the fastest growth, driven by massive infrastructure projects in countries like China and India.
Sustainability and digitalization are paramount trends. Companies integrating green building materials, energy-efficient designs, and technologies like BIM and drones are gaining a significant competitive edge.
Emerging economies in Africa and South America present untapped opportunities. Government initiatives to improve infrastructure and housing are creating a fertile ground for market expansion.

Global Market Overview & Dynamics of Construction Services Market Analysis The global construction services market is on a steady growth trajectory, characterized by a compound annual growth rate (CAGR) of 6.496% from 2021 to 2033. This growth is underpinned by a confluence of factors including government-led infrastructure spending, the rising demand for residential and commercial buildings due to urbanization, and the adoption of innovative technologies to improve project outcomes. The industry is evolving from traditional methods to more sophisticated, technology-driven processes, with a growing emphasis on sustainability and efficiency to meet modern demands and regulatory standards.

Global Construction Services Market Drivers

Increased Infrastructure Investment: Governments worldwide are heavily investing in public infrastructure projects, including transportation networks, public utilities, and smart cities, which directly fuels demand for construction services.
Rapid Urbanization and Population Growth: The continuous migration of populations to urban centers, particularly in developing nations, creates a persistent demand for new residential, commercial, and institutional buildings.
Technological Advancements: The adoption of technologies like Building Information Modeling (BIM), drones, 3D printing, and project management software is enhancing efficiency, reducing costs, and improving the quality of construction projects.

Global Construction Services Market Trends

Focus on Green and Sustainable Construction: There is a growing trend towards using sustainable materials and energy-efficient designs, driven by stricter environmental regulations and increasing consumer awareness about climate change.
Rise of Modular and Prefabricated Construction: Off-site construction methods are gaining popularity as they offer faster project completion times, reduced labor costs, and improved quality control compared to traditional building techniques.
Digital Transformation and Data Integration: The industry is moving towards digitalization, utilizing data analytics and IoT devices to monitor project progress, manage resources effectively, and enable predictive maintenance.

Global Construction Services Market Restraints

Skilled Labor Shortage: The construction industry faces a significant shortage of skilled labor, from architects and engineers to on-site workers, leading to increased labor costs and project delays.
Volatility in Raw Material Prices: Fluctuations in the prices of key construction materials like steel, cement, and copper can significantly impact project budgets and profitability.
Stringent Regulations and Permitting Processes: Complex and time-consuming regulatory hurdles, including zoning laws, environmental permits,...

Discover the booming US residential construction market! This in-depth analysis reveals key trends, growth drivers, and challenges shaping the $986.67 million (2025) industry, projected to grow at a 4.5% CAGR through 2033. Learn about market segmentation, leading companies, and future opportunities.

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.

Industry operators construct complete residential and non-residential buildings, either on their own account for sale, or on a fee or contract basis for external clients and property developers. Firms may outsource discrete segments of the construction phase to specialist tradespeople classified elsewhere, including electricians, mechanical engineers and scaffolders. Maintenance and repair solutions for residential and non-residential property also fall under the scope of the industry.