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 Chinese Construction Industry Report is Segmented by Sector (Residential, Commercial, Industrial, Infrastructure (transportation), Energy, and Utilities). The Report Offers Market Size and Forecasts in Value (USD) for all the Above Segments.

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

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.

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 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.

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

Global Construction Waste Recycling Market was valued at $28.97Bn in 2022, and is projected to $41.88Bn by 2030, CAGR of 5.40% from 2023 to 2030.

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 North America Construction Market size is valued at USD 2,350 billion in 2023, driven by market opportunities, sector trends, and player analysis. Explore market revenue, strategic insights, and industry challenges.

Heavy engineering contractors complete projects such as constructing oceanic navigational channels, beach dredging, mass transit support construction, tunnels, hydroelectric power plants and conservation development. Most of these projects are carried out by state and local governments independently or in conjunction with the federal government, so industry revenue tracks most closely with movements in public funding. Over the past five years, heavy engineering construction revenue has expanded at a CAGR of 5.2% to reach $49.2 billion in 2025, when revenue is set to climb 2.0%. While revenue has expanded, average industry profit has remained relatively level as contractors have been able to adjust to a surge in purchase and wage costs that occurred midway through the past five years. Industry revenue has recently benefited from growing federal funding, particularly as funding from the 2021 Infrastructure Investment and Jobs Act (IIJA) and the 2022 Inflation Reduction Act (IRA) has recently begun translating into shovels in the ground. These projects have included upgrades to the nation's ports, as supply chain issues earlier in the current period highlighted their issues. Growth has been countervailed by heightened interest rates, which have particularly served to discourage private sector heavy engineering construction projects, which account for a minority of the industry's revenue. Rate cuts, which began in 2024 and have continued into 2025, will benefit the industry. Moving forward, the industry will exhibit growth if federal funding and state investments remain steady. Already in 2025, however, the second Trump administration has moved to hamper spending on certain programs included in the IIJA and the IRA. A reduction in federal infrastructure spending would have a negative effect on industry revenue. Still, industry revenue is projected to rise at a CAGR of 1.7% to reach $53.5 billion in 2030. Continued interest rate cuts will benefit the industry, as will increased spending on conservation and development infrastructure and other infrastructure projects meant to deal with the growing impact of climate change.

The construction industry in Great Britain, including value of output and type of work, new orders by sector, number of firms and total employment.

Construction materials, such as cement, concrete, and steel, are the major products used in the construction industry. These materials are used in the construction of buildings, roads, bridges, and other infrastructure. The demand for these materials is expected to grow in line with the growth of the construction industry. Recent developments include: March 2023: L&T has inked an MoU with Odisha-based non-profit SLS Trust for setting up a Skill Training Hub at Badampahar in Odisha's Mayurbanj district. This facility will comprise classrooms, state-of-the-art simulators, yards for practical training, and residential accommodation for the trainees., November 2022: MEIL is building Mongolia's first greenfield oil refinery in Telangana. Megha Engineering & Infrastructures Limited (MEIL) has received a Letter of Award (LOA) for the Mongolia Refinery Project, which includes the construction of Mongolia's first oil refinery. MEIL will build EPC-2 (Open Art Units, Utilities & Offsites, Plant Buildings) and his EPC-3 (Captive Power Plants) in Mongolia at a cost of US$790 million. Engineers India Limited is the project management consultant for this G2G partnership project. The project is part of the 'Development Partnership Management' initiative of the Ministry of External Affairs, Government of India.. Notable trends are: Increase in population requires more housing, schools, hospitals, and other facilities, fueling construction projects Anticipated in the market growth.

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.

Dive deep into the dynamics of India Construction Challenges, Opportunities and Future trends size at USD 890 billion in 2023, showcasing trends and opportunities.

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.

The Global Construction Services market size was USD 8248.9 billion in 2022. Construction Services Industry's Compound Annual Growth Rate will be 6.20% from 2023 to 2030. Market Dynamics of Construction Services Market

Key Drivers of Construction Services Market

Increase in Disposable Income: The global rise in disposable income has led to a heightened demand for housing and infrastructure, thereby driving growth in civil construction services. As more individuals invest in residential properties and urban facilities, construction initiatives are on the rise. Furthermore, there is an increasing emphasis on environmentally friendly, energy-efficient materials, positioning sustainable construction as a key factor in the market's upward trend.

Expansion of Public-Private Partnerships: Public-private partnerships (PPPs) are facilitating infrastructure advancement by attracting private investments into roads, railways, and urban utilities. These collaborations enhance project efficiency, alleviate the burden on government resources, and generate employment opportunities, ultimately fostering economic development. The rise in PPPs also encourages innovation and contemporary construction methodologies, thereby increasing the demand for specialized civil construction services on a global scale.

Key Restraints in Construction Services Market

Regulatory Complexities and Permitting Delays: Strict regulations and protracted permitting processes hinder construction projects, leading to increased expenses and schedule delays. Navigating intricate local and national compliance requirements demands expertise and time, often deterring investment. These bureaucratic obstacles diminish project efficiency, particularly in large-scale developments, thereby constraining the market’s potential for growth.

COVID-19 Pandemic Disruptions: The COVID-19 pandemic caused significant disruptions in labor, supply chains, and financing within the construction industry. Lockdowns and health regulations postponed projects and diminished workforce availability. The uncertainty in the global economy also influenced investment choices, decelerating civil construction activities and diminishing overall market momentum during and following the pandemic.

Key Trends of Construction Services Market

Adoption of Digital Technologies: The incorporation of technologies such as Building Information Modeling (BIM), drones, artificial intelligence (AI), and the Internet of Things (IoT) is transforming the civil construction industry. These innovations improve project planning, minimize mistakes, and boost productivity. Digital transformation facilitates real-time monitoring and more intelligent resource distribution, promoting more efficient and sustainable construction practices in urban and infrastructure projects.

Sustainable and Green Construction Practices: Sustainability is increasingly becoming a primary focus, driven by the growing demand for environmentally friendly materials, energy-efficient structures, and low-emission construction techniques. Both governments and corporations are aligning their efforts with environmental objectives, which is spurring innovation in green engineering solutions. This movement is redefining the industry, enhancing long-term resilience, and fostering investment in sustainable civil infrastructure.

Impact Of COVID-19 on the Civil Construction Services Market

The global outbreak of COVID-19 has had a significant impact on the trade relations of major players in various industries worldwide. The growth of the global civil engineering industry, specifically in the structural design sector, can be largely attributed to increased investment and advancements in development projects. However, implementing lockdown measures in different countries has resulted in suspending development activities and halted infrastructure progress, particularly in emerging economies such as India, China, and other Southeast Asian nations. Introduction of Construction Services

Civil Engineering is a field of engineering that involves the construction, design, and upkeep of the physical and natural built environment. It applies scientific principles to address society's physical and scientific challenges. The market for civil engineering is primarily driven by the growing population and increased income among the middle-class population. Civil engineering projects encompass in...

The Global Offsite Construction Market Size Was Worth USD 155.24 Billion in 2023 and Is Expected To Reach USD 262.28 Billion by 2032, CAGR of 6.00%.

Snapshot img { margin: 10px !important; } The dry construction market share is expected to increase by USD 22.56 billion from 2020 to 2025, and the market’s growth momentum will accelerate at a CAGR of 4.75%.

This dry construction market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers dry construction market segmentation by end-user (residential building and commercial building) and geography (North America, Europe, APAC, MEA, and South America). The dry construction market report also offers information on several market vendors, including Armstrong World Industries Inc., Boral Ltd., Compagnie de Saint-Gobain SA, CSR Ltd., Etex NV, Fletcher Building Ltd., Grupo Promax, Knauf Gips KG, Pacific Coast Building Products Inc., and Xella International GmbH among others.

What will the Dry Construction Market Size be During the Forecast Period?

Download the Free Report Sample to Unlock the Dry Construction Market Size for the Forecast Period and Other Important Statistics

Dry Construction Market: Key Drivers, Trends, and Challenges

Based on our research output, there has been a negative impact on the market growth during and post COVID-19 era. The rise in global construction and infrastructure development activities is notably driving the dry construction market growth, although factors such as higher cost of dry construction than conventional constructions methods in developing regions may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the dry construction industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Dry Construction Market Driver

The rise in global construction and infrastructure development activities is one of the key factors driving the global dry construction market growth. The growing demand for public infrastructure in emerging economies, such as India and China, is contributing to the growth of the construction industry in these economies. Many new hospitals, educational institutions, stadiums, indoor sports complexes, malls, and mega shopping centers have been built in the past few years because of the growing population and the increasing per capita income of individuals. Government initiatives and major investments in new projects have further boosted the growth of the construction industry. Under this mission, the government is also expected to build new water storage facilities, power infrastructure, and social infrastructures, such as indoor sports complexes, livelihood centers, and community centers. Hence, there is a wide scope for utilizing dry construction techniques in these newly constructed buildings owing to their cost-effectiveness and flexibility. Thus, the above construction and infrastructure development activities are expected to raise the demand exponentially for dry construction during the forecast period.

Key Dry Construction Market Trend

The rising demand for luxury vinyl tile (LVT) flooring will fuel the global dry construction markets growth. LVT is produced by fusing several layers of vinyl and composites, and then the required design is printed on it using advanced printing and embossing technology. The production method of LVTs grants it greater durability than VCT, SVT, or mosaic tiles. This also allows manufacturers to produce high-quality floor tiles in various designs, such as natural hardwood, stone, and other non-conventional shapes and geometric designs. LVT flooring is currently available in tile and plank form factors. The tiles come in either self-adhesive type or locking type, which does not require additional flooring adhesive for installing the tiles. The ease of installation of LVT has made it very popular among builders, professional installers, and even do-it-yourself (DIY) enthusiasts. Most of the major dry flooring product companies have already introduced a wide variety of LVT products in the market, and other companies are expected to follow this trend, as the demand for LVT flooring is growing among the customers. Some of the major brands of LVT available in the market are Adura by Mannington Mills, Alterna by Armstrong, and Allura by Forbo Flooring Systems.

Key Dry Construction Market Challenge

The higher cost of dry construction than conventional construction methods in developing regions is a major challenge for the global dry construction market growth. Dry constructions require prefabricated panels and structures that are made in factories using advanced techniques. Moreover, the wood or gypsum used as a base in wallboards and partitions may not be available in abundance in all countries. This makes the raw materials for