Civil Engineering Market is Expected to Grow at A Rate of 5.50% During the Anticipated Period| Key Players: AECOM, Tetra Tech, Inc., Vinci Construction, Royal BAM Group

The civil engineering market size is valued at USD 13.98 trillion by 2028 and is expected to grow at a rate of 5.50% for the forecast period of 2021 to 2028.  Data Bridge Market Research report on the civil engineering market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market's growth.

The civil engineering market is anticipated to witness tremendous growth in the forecast period which is attributed to the increase in disposable income associated with technological advancements in the civil engineering projects in the overall construction industry.  Also, the huge progress in infrastructure development has favored the civil engineering market growth rate, along with strict government standards, regulations, and a rise in international investments in emerging markets are some of the key determinants favoring the growth of the market. The main factor accountable for the growth of the civil engineering market is the rising companies as the spearhead of transformation over the forecast period of 2021 to 2028. Besides this, the increasing real estate, particularly the construction of single-family dwellings and multistoried apartments in rising economies are acting as major growth drivers for the civil engineering market. The rapidly increasing urban population coupled with a growing need for its accommodation is also helping the market to grow. 

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On the other hand, the rise in disposable income coupled with the rapid increase in the middle-income population, government regulations and policies supporting civil engineering as well as the rapid expansion of smart cities across the world are highly supporting the growth of the target market. Furthermore, advancements in technology in a variety of civil engineering processes and events, also the introduction of various software and solutions will further offer a variety of growth opportunities for the civil engineering market.

One of the major obstructions to the growth of the civil engineering market is the lack of skilled labor workforce, whereas the low adoption rates of advanced solutions will challenge the growth of the market over the forecast period of 2021 to 2028.

Competitive Landscape and Civil Engineering Market Share Analysis

The civil engineering market competitive landscape provides details of competitors. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, and application dominance. The above data points provided are only related to the companies' focus related to the civil engineering market.

The major players covered in the civil engineering market report are
AECOM,
Tetra Tech, Inc., 
Vinci Construction,
Royal BAM Group,
Hochtief Aktiengesellschaft,
TechnipFMC plc,
SNC-Lavalin Group
Hyundai E&C,
Power Construction Corporation of China
HDR,
Saipem,
STRABAG SE,
Jacobs,
Fluor Corporation,
GALFAR ENGINEERING & CONTRACTING SAOG,
ACS Actividades de Construcción y Servicios, S.A,
Skanska,
Balfour Beatty,
United States Army Corps of Engineers,
Bouygues Construction SA,
Kiewit Corporation,
LAING O'ROURKE,
 Bechtel Corporation 

Learn More about the Global Civil Engineering Market Report athttps://www.databridgemarketresearch.com/reports/global-civil-engineering-market

This civil engineering market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on the civil engineering market contact Data Bridge Market Research for an Analyst Brief, our team will help you make an informed market decision to achieve market growth.

Global Civil Engineering Market Scope and Market Size

The civil engineering market is segmented on the basis of service type, customer, and application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.

On the basis of service type, the civil engineering market is segmented into planning and design, construction, maintenance, and others.
The customer type segment for the civil engineering market is segmented into government, private, and others. The government segment emerged to be the dominant segment and accounted for the larger market share in the overall civil engineering market, owing to the various government policies and frameworks in the construction industry.
On the basis of application, the civil engineering market is segmented into real estate, infrastructure, and industrial.

Civil Engineering Market Country Level Analysis

The civil engineering market is analyzed and market size and volume information are provided by country, service type, customer type, and application as referenced above.

The countries covered in the market report are the U.S., Canada, and Mexico in North America, Germany, France, the U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of the Middle East and Africa (MEA) as a part of the Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

Asia-Pacific leads the civil engineering market owing to the easy availability of land and skilled labor at low cost in this particular region. North America is expected to expand at a significant growth rate over the forecast period of 2021 to 2028 because of the increasing government initiatives to repair the aging infrastructure and the rapid penetration of advanced construction technologies in this region. 

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