The UK Construction Market Forecast Report Covers Industry Trends and is Segmented by Sector (Commercial Construction, Residential Construction, Industrial Construction, Infrastructure Construction, and Energy and Utility Construction) and by Key Regions (England, Northern Ireland, Scotland, and Wales). The Report Offers Market Sizes and Forecasts in Value (USD Billion) for all the Above Segments.

In 2023, the UK Construction Market reached $316.86 billion, and it is projected to surge to $439.04 billion by 2030 due to surge in infrastructure sector

The UK construction market size was valued at GBP 398.68 million in 2025 and is projected to grow at a compound annual growth rate (CAGR) of 3.19% from 2025 to 2033. The growth of the market can be attributed to the increasing demand for residential, commercial, and infrastructure projects, as well as government initiatives to support the construction industry. Key drivers of the UK construction market include the rising population, increasing urbanization, and need for new infrastructure. The government's focus on infrastructure development, such as the High Speed 2 (HS2) project, is also expected to boost market growth. Additionally, the growing adoption of sustainable construction practices and the increasing use of technology in the industry are expected to drive market growth. The market is expected to be supported by the government's initiatives to increase investment in infrastructure and the construction of new homes. However, the market is also facing some challenges, such as rising costs of materials and labor, and the impact of Brexit. Recent developments include: December 2022: The Access Group has announced that it has successfully acquired Construction Industry Solutions (COINS), enhancing its capacity to offer international software and services to businesses engaged in the construction industry., March 2023: The Department of Transport, UK, has announced over £40 billion of capital investment in transport across the next two financial years, which will drive significant improvements to rail and roads across our country.. Key drivers for this market are: Transport Infrstructure Investment. Potential restraints include: Shortage of Skilled Labor. Notable trends are: Increase in GVA of construction Industry.

The Residential Construction Market Report is Segmented by Type (Villas and Landed Houses and Condominiums and Apartments) and Key Cities (London, Birmingham, Glasgow, Liverpool, and the Rest of the UK). The Report Offers Market Size and Forecasts for UK Residential Construction Market in Value (USD) for all the Above Segments.

This statistic shows the revenue of the industry “construction of residential and non-residential buildings“ in the United Kingdom from 2012 to 2019, with a forecast to 2025. It is projected that the revenue of construction of residential and non-residential buildings in the United Kingdom will amount to approximately 138.93 billion U.S. Dollars by 2025.

This statistic shows the revenue of the industry “construction“ in the United Kingdom by segment from 2012 to 2019, with a forecast to 2025. It is projected that the revenue of construction in the United Kingdom will amount to approximately 183.99 billion U.S. Dollars by 2025.

The UK construction industry has been severely impacted due to the disruption caused by the Coronavirus (COVID-19) outbreak and the subsequent lockdown measures. Industry output declined by 13.6% in real terms in 2020, while output contracted by 2.8% year on year (YoY) in the fourth quarter of 2020, which was preceded by declines of 8.8% in Q3, 35% in Q2 and 3.4% in Q1 2020. Read More

The UK Data Center Construction Market Report is Segmented by Infrastructure (Electrical Infrastructure (Power Distribution Solution (PDU, Transfer Switches, Switchgear, Power Panels and Components, and Other Power Distribution Solutions)), Power Back-Up Solutions (UPS and Generators), Service - Design and Consulting, Integration, and Support and Maintenance, Mechanical Infrastructure (Cooling Systems (Immersion Cooling, Direct-To-Chip Cooling, Rear Door Heat Exchanger, and In-Row and In-Rack Cooling)), Racks, and Other Mechanical Infrastructure)), General Construction, Tier Type (Tier 1 and 2, Tier 3, and Tier 4), and End User (Banking, Financial Services and Insurance, IT and Telecommunications, Government and Defense, Healthcare, and Other End Users).

The United Kingdom Construction Market was USD 363.03 billion in 2024, expected to grow at a 2.9% CAGR to USD 469.55 billion by 2034.

In 2024, the value of raw building materials imported into the United Kingdom (UK) decreased by 23 million British pounds. In 2021, the import value of raw building materials reached its highest value since 2010. That was also the year with one of the largest trade deficits. The construction output in Great Britain increased in the past years.

The size of the United Kingdom Data Center Construction market was valued at USD XX Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of 5.05% during the forecast period.At present, the Data Center Construction market is growing at a very robust pace in the United Kingdom. This is primarily due to the fact that digital technologies are gaining acceptance in every sector and that the growth of cloud services is purely exponential. Data centers are specially constructed premises housing computer systems and other accompanying components. To put it briefly, they provide all the requirements for data storage, processing, and connectivity for any network. These are critically important for all types of businesses, including small, medium, and large in nature, as digital applications require high, reliable, efficient, and secure implementations. The UK Data Centre market is highly dynamic with enormous numbers of existing and new facilities. The major cloud service providers, namely AWS, Microsoft Azure, and Google Cloud Platform, are investing heavily in the UK to meet the growing demand for cloud-based solutions. Other than the above, co-location providers include Equinix, Digital Realty, and VIRTUS Data Centres, which make significant investments in the UK market through the provision of flexible data center solutions to any class of business. There are several factors driving the UK data center construction market. Demand for 5G technology continues to create a higher demand for more data centers because of the high data traffic connected with these connected devices. In addition, there have been efforts from the UK government through digitization as well as enabling the regulatory environment in the country, which is certainly calling for huge investments in the data center space. The other major demand growth driver is a growing need for safe and resilient data center facilities; above this, the rising anxiety over the data privacy and security coupled with increased volumes of data is creating a growing need for secure and resilient data center facilities. The UK data center construction market, therefore, is booming with huge growth prospects mixed with increased demand for data center services, friendlier government policies, and advanced technologies make it necessary to build more data centers throughout the country. As businesses will mostly rely on digital technologies, the importance of data centers will increase even further; hence, the UK data center construction market is an extremely promising investment opportunity. Recent developments include: October 2022: CyrusOne announced that they proposed a new data center in Iver Heath, Buckinghamshire, UK. The site will have 10 data halls supporting around 90MW of capacity, and the project would include a new on-site substation., August 2022: Colt announced to open a new data center in Hayes, West London, that would more than triple its existing footprint in the UK capital. It will deliver a new purpose-built 50MW in a 2.1-hectare data center campus known as 'London 4'.. Key drivers for this market are: 5G Developments Fuelling Data Center Investments, Growing Cloud Servce adoption; Green Data Centers rising awarness of Carbon-Neutrality leading to Infrastructure upgrades. Potential restraints include: Security Challenges Impacting Growth of Data Centers. Notable trends are: IT and Telecom to have significant market share.

Europe construction market size reached US$ 3.38 Billion in ​2023​. Looking forward, IMARC Group expects the market to reach US$ 5.42 Billion by ​2032​, exhibiting a growth rate (CAGR) of 5.10% during 2024-2032. The market is mainly driven due to rapid urbanization, along with an increasing number of infrastructure projects and green building initiatives. The rising demand in residential and commercial sector mainly in Germany, France and the United Kingdom is also driving the market toward growth across the European region.

Residential building contractors are contingent on the propensity of property developers to invest in new ventures; movements in property prices; government schemes intended to boost the housing supply; and underlying sentiment in the housing market. Industry contractors have endured turbulent operating conditions over the past five years, leading to volatile shifts in revenue and profitability. Revenue is forecast to grow at a compound annual rate of 1% over the five years through 2024-25, reaching £97.4 billion. The pandemic caused a significant drop in output in 2020-21, as restrictions placed on on-site activity and fewer enquiries for new housing units reduced revenue opportunities. Aided by government support for the housing market and the release of pent-up demand, 2021-22 was characterised by a strong rebound in activity, though materials and labour shortages maintained constraints on output. Mounting supply chain disruption and heightened economic uncertainty maintained pressure on output in the following year, though revenue growth was maintained by growth in average selling prices. Interest rate hikes and inflationary pressures led to a more subdued housing market in 2022-23, holding back the number of housing starts and completions during the year. This was followed by a slump in new residential building construction in the following year, as high borrowing costs and uncertain market conditions caused developers to scale back investment plans. Revenue is set to grow by 1.5% in 2024-25, aided by a slight improvement in new orders for residential building construction and an uptick in average selling prices. Revenue is slated to climb at a compound annual rate of 1.5% to reach £105.1 billion over the five years through 2029-30. Housebuilding activity is set to grow in the medium-term, aided by the release of pent-up demand. Nonetheless, significant uncertainty remains, with mortgage rates likely to settle well-above pre-pandemic levels and supply chains remaining fragile. The new government’s pledge to deliver 1.5 million houses during the first five years of parliament will boost demand for industry contractors, though the full impact of this on growth prospects is dependent on the nature and extent of accompanying funding plans.

Europe's Residential Construction Market Report is Segmented by Property Type (single-Family and Multi-Family), Construction Type (new Construction and Renovation), and Country (Germany, United Kingdom, France, Italy, and the Rest of Europe). The Europe Residential Construction Market Report Offers the Market Sizes and Forecasts in Value (USD) for all the Above Segments

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%

China Construction Market size was valued at USD 1.3 Trillion in 2024 and is projected to reach USD 2.2 Trillion by 2032, growing at a CAGR of 7.2% from 2025 to 2032.

China Construction Market Drivers

Population Growth and Urbanisation

The need for residential, commercial, and industrial construction is still being driven by rapid urbanisation.
Construction is fuelled by the government’s ambition to create “megacities” and urban clusters.
Development of Infrastructure

National initiatives like the Belt and Road Initiative (BRI) continue to prioritise large expenditures in infrastructure, including energy projects, water management systems, and transportation (airports, highways, and railroads).
The construction landscape is growing as a result of projects targeted at improving rural infrastructure.
Stimulus measures and economic policies

Large-scale construction projects are frequently a part of fiscal plans aimed at economic growth.
A balanced building demand is indirectly supported by the central government’s emphasis on lowering house speculation while preserving steady real estate expansion.

Construction output in the United Kingdom increased 0.20 percent in January of 2025 over the same month in the previous year. This dataset provides the latest reported value for - United Kingdom Construction Output - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

United States Commercial Construction Market size was valued at USD 104.42 Billion in 2024 and is projected to reach USD 184.57 Billion by 2031, growing at a CAGR of 7.38% during the forecast period 2024-2031.

United States Commercial Construction Market Drivers

The market drivers for the United States Commercial Construction Market can be influenced by various factors. These may include:

Economic Growth: When the economy grows, there is usually a rise in the demand for commercial real estate, which includes hotels, offices, retail stores, and industrial buildings.
Population Growth: In order to handle the growing number of residents, there is an increasing need for infrastructure and commercial areas.
Urbanisation: The need for commercial construction projects in cities, such as high-rise buildings, mixed-use developments, and infrastructure upgrades, is driven by the trend of urbanisation.
Technological Advancements: By increasing productivity, cutting costs, and satisfying regulations, developments in construction technology, such as prefabrication, Building Information Modelling (BIM), and sustainable building practices, can have an impact on the industry.
Government rules: The commercial construction industry can be greatly impacted by government rules pertaining to zoning, building codes, taxes, and environmental standards. For example, spending packages on infrastructure or incentives for green building techniques might boost construction activity.
Interest Rates and Financing Availability: Developers’ capacity and inclination to take on commercial construction projects are influenced by the cost and accessibility of financing as well as changes in interest rates.

The United Kingdom construction anchor business revenue is predicted to rise from US$ 371.2 million in 2023 to US$ 675.1 million by 2033. Over the forecast period, demand for construction anchors in the United Kingdom is anticipated to rise at a 6.2% CAGR.

Attributes	Key Insights
United Kingdom Construction Anchor Business Base Value (2022)	US$ 348.3 million
Estimated United Kingdom Construction Anchor Business Size (2023)	US$ 371.2 million
Projected United Kingdom Construction Anchor Business Revenue (2033)	US$ 675.1 million
Value-based CAGR (2023 to 2033)	6.2%
Collective Value Share: Top 2 Countries (2023E)	93.0%

2018 to 2022 Vs. Construction Anchor Sales Forecast in the United Kingdom

Historical CAGR (2018 to 2022)	2.4%
Forecast CAGR (2023 to 2033)	6.2%

Country-wise Insights

Countries	Expected Construction Anchor Revenue (2033)
England	US$ 567.6 million
Scotland	US$ 57.4 million
Wales	US$ 24.3 million
Northern Ireland	US$ 25.9 million

Countries	Projected Construction Anchor CAGR (2023 to 2033)
England	6.1%
Wales	7.1%
Scotland	5.4%
Northern Ireland	6.7%

Category-wise Insights

Top Segment (Application)	Building Construction
Predicted CAGR (2023 to 2033)	5.8%

Top Segment (Sales Channel)	Retail Sales
Projected CAGR (2023 to 2033)	5.7%

Water Infrastructure Construction Market size was valued at USD 69.9 Billion in 2023 and is projected to reach USD 107.3 Billion by 2030, growing at a CAGR of 13.8% during the forecast period 2024-2030.

Growing Global Population: As a result of the demand that population increase places on the world’s water supplies, new and improved water infrastructure, such as pipelines, treatment facilities, and distribution networks, must be invested in.

Growing Need for Clean Water and Wastewater Treatment: Infrastructure investments in water treatment are being driven by increased environmental legislation and awareness of problems related to water quality.

Water Infrastructure Aging: To avoid leaks, increase efficiency, and protect public health, a large number of water infrastructure systems worldwide need to be renovated or replaced.

Climate Change: As a result of more extreme weather occurrences brought on by climate change, there is a greater demand for water infrastructure that is resilient to disturbances like floods and droughts.

Government Initiatives: In many nations, there is an increase in government funding for water infrastructure projects, which presents prospects for market expansion.