Civil Engineering Market Size

SkyQuest Technology's Civil engineering market size, share and forecast Report is based on the analysis of market data and Industry trends impacting the global Civil Engineering Market and the revenue of top companies operating in it. Market Size Data and Statistics are based on the comprehensive research by our Team of Analysts and Industry experts.

Civil Engineering Market Insights

Global Civil Engineering Market size was valued at USD 9.15 Trillion in 2023 and is poised to grow from USD 9.73 Trillion in 2024 to USD 15.86 Trillion by 2032, growing at a CAGR of 6.3% during the forecast period (2025-2032).

Expansion of the construction industry, primarily due to the growing population requires facilities that directly or indirectly boost the construction industry thus as the main aspect of construction surrounded with the field of civil engineering, propels the market significantly.

Moreover, advancements in the construction industry are also a key factor that contributes to the growth of the market. As emerging tech advancements like 3D printing in Construction create a lucrative approach to invest and grow in the Civil Engineering industry, the end users are slightly shifting towards the builders with such advanced construction practices. 3D printing in construction shows several advantages like lesser labor costs, sustainability, and building desired structures.

Challenges like the effect of rising prices of building materials increase the total construction costs of any project. Additionally, geographical tensions or tariffs pose pressures that result in the high prices of these materials indirectly impacting the buying power that restricts the desire of any project.

Adoption Of Prefabrication and Modular Construction Techniques Boost the Civil Engineering Industry

Combination of prefabrication and modular construction techniques is effectively transforming the civil engineering industry, significantly advancing the work efficiency, cost-effectiveness by reducing labor costs, and sustainability. The techniques allow for reduced construction time, fewer on-site laborers, and zero impact on the environment through prefabrication of elements off-site and assembly on-site.

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Global Civil Engineering Market size was valued at USD 9.15 Trillion in 2023 and is poised to grow from USD 9.73 Trillion in 2024 to USD 15.86 Trillion by 2032, growing at a CAGR of 6.3% during the forecast period (2025-2032).

The global civil engineering market is extremely fragmented but still competitive market where multinational engineering companies and region/local contractors compete for market dominance in a large number of project sizes and markets. Tier-1 companies such as AECOM, Bechtel, Fluor Corporation, Vinci SA, and China Communications Construction Company possess extensive global reach, technical expertise, and diversified portfolios that allow them to undertake large-scale, capital-intensive infrastructure projects such as highways, airports, rail networks, and megacities. Their ability to offer integrated engineering, procurement, and construction (EPC) services, together with advanced digital solutions like BIM, digital twins, and AI-based planning tools, gives them an advantage in winning complex projects, especially government-led projects. 'Larsen & Toubro (India)', 'China State Construction Engineering Corporation (China)', 'AECOM (USA)', 'ACS Group (Spain)', 'Bechtel (USA)', 'Vinci SA (France)', 'STRABAG SE (Austria)', 'Bouygues S.A. (France)', 'Tetra Tech Inc. (USA)', 'Fluor Corporation (USA)'

55% of the world's population has shifted and lives in urban areas, the study suggests by 2050 the proportion is expected to increase to 68% or more. In many countries, population from the rural areas is moving to urban areas which pose a necessity for residential projects. Government initiatives to connect rural with urban with highways, roads, bridges, railways and airports create a sustained demand for construction tenders. As urbanization is becoming a need, the civil engineering sector will experience continuous growth.

What Makes Asia-Pacific a Leader in Civil Engineering?

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Global Civil Engineering Market
Civil Engineering Market

Report ID: SQMIG20C2115

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