The global civil engineering market size was valued at USD 7.84 trillion in 2017 and is expected to register a CAGR of 5.6% from 2018 to 2025. The market is anticipated to be driven by an expanding residential sector in the emerging economies of Asia Pacific. Rapidly rising urban population, coupled with growing need to accommodate them is a key factor boosting this market. Ongoing infrastructural development has also favored the market, along with strict government regulations and rise in international investments in developing regions such as Asia Pacific and Middle East and Africa (MEA).
Regulations in Europe and North America regarding volatile organic compounds (VOC) emissions during construction processes is expected to boost demand for precast/prefabricated construction products in these regions. Companies involved in civil engineering all over the world are increasingly focusing on green building products thanks to growing awareness about the importance of eco-friendly products and energy efficiency. Introduction of new materials and technologies is expected to create lucrative opportunities for players over the next few years.
Various government regulatory frameworks, such as the International Building Code (IBC),are applied to new and existing buildings in order to track and register specific infrastructure w.r.t. government processes and control illegal and unethical construction practices.
The construction sector is a key segment within the market, driven largely by booming building and construction activities in Asia Pacific and MEA. This is supported by various international companies and associated service providers investing in these regions. India, China, Saudi Arabia, UAE, and other developing countries are expected to show significant growth in infrastructural development during the forecast period. Civil engineering is one of the most prominent and vital elements in regional development. Infrastructural development significantly depicts potential growth possibilities of any regions.
The planning and design segment dominated the market with a share of over 24.44% in terms of value in 2017. It is one of the initial stages and prominent component of civil engineering services and thus widely in demand. In addition, the segment is expected to register the highest CAGR of 6.3% over the forecast period.
The construction sector dominated the global civil engineering market in 2017 with a share of 27.82%. Recent advances in construction material and equipment are expected to revolutionize the industry and boost the segment’s share in the coming years.
Maintenance services are crucial for ensuring the proper functioning and condition of architectures and infrastructure in the market. Various external environmental conditions are in play and contractors need to keep these in mind and conduct periodic maintenance. The segment is slated to register a CAGR of 5.9% over the forecast period.
In terms of application, the industry has been classified into real estate, infrastructure, and industrial. The infrastructure and industrial segments are both poised to exhibit strong growth in the coming years. The real estate segment emerged dominant in 2017 owing to rise in demand for residential properties, resulting from a surge in urbanization and household income. The segment is expected to register a CAGR of 4.8% during the forecast period.
Growing focus on innovation in building materials is a recent trend within the construction sector, which is expected to shape civil engineering designs during the forecast period. Improved efficiency, greater capacity, and affordable pricing are some of the benefits of these new materials and will encourage their adoption in the sector. Moreover, availability of various banking and finance facilities is predicted to support segment growth by 2025.
Government emerged as the dominant segment on the basis of customer and accounted for a 41.6% share in 2017 owing to various favorable policies and frameworks. Need for rapid industrialization to meet needs of ever-increasing population is likely to drive the segment to reach USD 5.01 trillion by 2025 at a CAGR of 5.5% over the forecast period. Governments around the world have also been making largescale investments to improve infrastructure in their respective countries and provide affordable housing to the population.
The private sector is poised to witness the fastest growth over the forecast period, fueled by availability of large funds. On an individual level, rise in consumer disposable income and increased spending on households will drive this segment.
Asia Pacific is the largest regional market and is characterized by easy availability of land and skilled labor at low cost. Shift in global production landscape has favored emerging economies, particularly China and India, which is likely to influence market growth over the forecast period.
Most APAC countries are expected to witness high economic growth over the forecast period, despite slow growth in developed regions such as U.S. and Europe. Thriving construction sector is likely to drive the APAC market to register strong growth over the forecast period, exhibiting a CAGR of 5.2%.
Global players dominate the industry and are majorly concentrated in Asia Pacific, North America, and Europe. Key manufacturers contribute over 40.0% to the global market for civil engineering, with a substantial share emerging from China and U.S. Pricing and other strategic project initiatives are highly dependent on top players.
Manufacturers focus on formulating innovative business strategies in order to maintain their position in the market, acquisitions being a vital growth tactic. Companies have been investing heavily in research and development facilities and are introducing innovative operations and practices.
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Attribute |
Details |
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Base year for estimation |
2017 |
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Actual/Historical data |
2014 - 2016 |
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Forecast period |
2018 - 2025 |
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Market representation |
Revenue in USD Billion, and CAGR from 2018 to 2025 |
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Regional scope |
North America, Europe, Asia Pacific, South & Central America, and Middle East & Africa |
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Country scope |
U.S., Canada, U.K., Germany, Russia, China, India, Australia, Brazil, Saudi Arabia, Qatar, and UAE |
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Report coverage |
Revenue forecast, competitive landscape, growth factors, and trends |
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15% free customization scope (equivalent to 5 analyst working days) |
If you need specific information, which is not currently within the scope of the report, we will provide it to you as a part of the customization |
This report forecasts revenue growth at global, regional, and country and provides an analysis of latest industry trends and opportunities in each of the sub-segments from 2014 to 2025. For the purpose of this study, Grand View Research has segmented the global civil engineering market report based on service, application, customer, and region:
Service Outlook (Revenue, USD Billion, 2014 - 2025)
Planning & Design
Construction
Maintenance
Others
Application Outlook (Revenue, USD Billion, 2014 - 2025)
Real Estate
Infrastructure
Industrial
Customer Outlook (Revenue, USD Billion, 2014 - 2025)
Government
Private
Others
Regional Outlook (Revenue, USD Billion, 2014 - 2025)
North America
U.S.
Canada
Europe
Germany
Russia
U.K.
Asia Pacific
China
India
Australia
Central & South America
Brazil
Middle East and Africa
UAE
Saudi Arabia
Qatar
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