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AECOM is Global Civil Engineering Market Growth Leader Challenging Top Manufacturers like URS Corporation, Georgia-Pacific, Costina, Swedish Wood, Joel E Wood & Assoc, US Army Corps of Engineers

01-25-2019 07:55 PM CET | Industry, Real Estate & Construction

Press release from: Worldwide Market Reports

Civil Engineering

Civil Engineering

Civil Engineering Market holds a huge potential owing to its positive outlook on healthcare, education, retail, and social infrastructure spending along with one-child policy discontinuation. APAC industrial infrastructure market was valued at over USD 150 billion in 2015. Surging concept design & development, industrial expansion, demand for highly developed facilities across numerous sectors will positively impact civil engineering market growth.

Global civil engineering market share is inclined to offer services which helps in improving project delivery speed and to keep a check on project efficiency. Major industry players include URS Corporation, Georgia-Pacific, Costina, McShan Lumber, Pentarch Forestry, Timber Industry, Wood Patel, Swedish Wood, Joel E Wood & Assoc, US Army Corps of Engineers, Foster Wheeler, and HDR.

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U.S. Civil Engineering Market size is set to witness attractive gains; forecast to be worth over USD 1.80 trillion by 2025. Policy developments by American Society of Civil Engineers (ASCE) pertaining to better infrastructure solutions have encouraged regional industry growth.

EU, driven by France, UK, and Germany residential civil engineering market size is foreseen to generate over USD 1 trillion business by 2025. Regulatory codes for access, pools, safety laws, sustainable housing, plumbing, industrial fire safety, agricultural construction, and workshops will be pivotal factors for the construction industry.

Escalating demand for sophisticated infrastructure accompanied by rising income levels along with increasing investment in smart grids, industry automation, urban mobility, and parking systems technologies and policies should drive civil engineering market growth. Global government purchases were over USD 4 trillion in 2015. Rising non-residential projects spending associated with public funding including sewage & waste disposal, transportation, education, streets & highways, and water supply are major contributors.

The On the basis of product, the Civil Engineering(CE) Woods market is primarily split into
OSB & Plywood
Lumber
Composite Panels

On the basis on the end users/applications, this report covers
Buildings
Interior & furniture

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Civil Engineering Market size is expected to reach USD 11.72 trillion by 2025. Population demographics along with increasing urbanization have facilitated the need for sustainable and efficient infrastructure solutions. Development in green buildings, sensor-embedded roads & buildings, geopolymer concrete, and water management will stimulate global civil engineering industry growth.

High initial investment along with low rate of ROI are key factors impacting civil engineering market trends. Non-availability of skilled labor and longer duration of projects with traditional processes may threaten growth.
Increased FDI influx towards smart cities project in emerging regions will lead to favorable market climate for contractors. Growing prominence of public private partnerships or alternative financing and procurement (AFP) projects owing to various benefits offered by government including one-time grants, revenue subsidies including tax breaks and by guaranteed revenues for a fixed timespan.

Russia residential applications generated over USD 135 billion in valuation for 2015. The government programmes to modernize the country’s energy, transport, and social infrastructure are key factors stimulating regional demand

Middle East led by increasing construction spending generated over USD 275 billion revenue from private business. Presence of large scale manufacturers owing to huge infrastructure potential particularly in Qatar, Saudi Arabia, and Dubai have encouraged regional industry growth visit: https://www.openpr.com/wiki/overview-market-in-china

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Worldwide Market Reports is your one-stop repository of detailed and in-depth market research reports compiled by an extensive list of publishers from across the globe. We offer reports across virtually all domains and an exhaustive list of sub-domains under the sun. The in-depth market analysis by some of the most vastly experienced analysts provide our diverse range of clients from across all industries with vital decision making insights to plan and align their market strategies in line with current market trends. Worldwide Market Research’s well-researched inputs that encompass domains ranging from IT to healthcare enable our prized clients to capitalize upon key growth opportunities and shield against credible threats prevalent in the market in the current scenario and those expected in the near future.

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