Press release
Leading Growth Driver in the Civil Engineering Market in 2025: Growing Construction Boosts The Civil Engineering Market Driver's Influence
How Are the key drivers contributing to the expansion of the civil engineering market?The upswing in construction undertakings is projected to fuel the advancement of the civil engineering market in the future. Construction undertakings encompass the tangible evolution of buildings, infrastructure, and various other structures. The surge in construction and real estate endeavors is attributable to accelerated urbanization, infrastructure escalation, and an emphasis on precision and efficiency in construction projects. The role of civil engineering is paramount in these activities, contributing to design and planning, structural robustness, maintenance of infrastructure, cooperation, and ground-breaking solutions. For instance, the Australian Bureau of Statistics, an Australian government institution, reported in March 2024 that 30,992 new private housing units were established, denoting a 3.7% growth from December 2023 and a rise of 14.6% compared to March 2023. Additionally, the completion of other private new residential buildings ascended to 14,844 dwellings, evidencing a 5.6% growth relative to December 2023. As a result, the escalation of construction activities propels the civil engineering market.
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What growth opportunities are expected to drive the civil engineering market's CAGR through 2034?
The market size of civil engineering has consistently been on the rise over the past few years. The market growth is forecasted to increase from $8899.72 billion in 2024 up to $9484.24 billion in 2025, marking a Compound Annual Growth Rate (CAGR) of 6.6%. The growth experienced during the past period can be tied to the surge in manufacturing activities, expansion of the civil engineering market, growth in construction activities, enhancement in infrastructure numbers, as well as boost in private investments.
The civil engineering sector is projected to experience substantial expansion over the next several years, surging to a valuation of $12103.78 billion by 2029 with a compound annual growth rate (CAGR) of 6.3%. This growth expected in the forecast period is due to various factors such as the emphasis on sustainable construction materials, heightened governmental and private sector investments in construction, growth in purchasing power and consumer trust, rapid infrastructure development, increasing urbanization, and the evolving construction industry. Key trends emerging in the forecast period encompass 3D printing, augmented and virtual reality, solutions harnessing kinetic energy, technological progression, smart infrastructure, and the integration of Internet of Things (IoT).
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What are the emerging trends shaping the future of the civil engineering market?
Top civil engineering firms are turning their attention towards designing wireless sensor networks to elevate real-time supervision and maintenance of infrastructure, increase safety, and streamline resource supervision by providing an intensive, constant stream of data pertaining to structural state, environmental factors, and operational efficiency. Such wireless sensor networks empower constant information gathering on structural state, environmental influences, and load stresses, setting the stage for lead management and early identification of potential pitfalls. For instance, Worldsensing, a software enterprise based in Spain, unveiled a new wireless sensor, the vibration meter, in November 2023. This was created with the aim of boosting vibration supervising in civil engineering ventures. The vibration meter comes with a user-changeable battery with high energy density that can be operational for up to two years, contingent on usage. Designed to work efficiently in temperatures ranging from -40 °C to 80 °C, it can transmit over a distance of up to 15 km employing Worldsensing's Long Range (LoRa) technology.
Which growth-oriented segments of the civil engineering market are leading the industry's development?
The civil engineering market covered in this report is segmented -
1) By Service Type: Planning And Design, Construction, Maintenance, Other Service Types
2) By Customer: Government, Private, Other Customers
3) By Application Type: Real Estate, Infrastructure, Industrial
Subsegments:
1) By Planning and Design: Feasibility Studies, Structural Design, Geotechnical Engineering, Environmental Impact Assessments
2) By Construction: General Contracting, Project Management, Site Development, Infrastructure Development
3) By Maintenance: Routine Maintenance Services, Structural Rehabilitation, Asset Management, Inspection And Assessment Services
4) By Other Service Types: Consulting Services, Surveying Services, Urban Planning, Water Resource Management
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What regions are leading the charge in the civil engineering market?
North America was the largest region in the civil engineering market in 2024. The regions covered in the civil engineering market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What companies are at the forefront of innovation in the civil engineering market?
Major companies operating in the civil engineering market are Compagnie de Saint-Gobain S.A., Johnson Controls International PLC, CEMEX S.A.B. de C.V., Jacobs Solutions Inc., Fluor Corporation, AECOM, AtkinsRéalis Group Inc, Stantec Inc., Vicat SA, Tetra Tech Inc., Holcim Limited, Henningson, Durham & Richardson Inc., Boral Limited, Tarmac, GCP Applied Technologies, Galfar Engineering & Contracting SAOG, Geosyntec Consultants, HeidelbergCement AG, Hilti Corporation, The Lafarge
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What Is Covered In The Civil Engineering Global Market Report?
•Market Size Forecast: Examine the civil engineering market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the civil engineering market for a structured understanding.
•Key Players Overview: Analyze major players in the civil engineering market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the civil engineering market.
•Segment Contributions: Evaluate how different segments drive overall growth in the civil engineering market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the civil engineering market.
•Industry Challenges: Identify potential risks and obstacles affecting the civil engineering market.
•Competitive Landscape: Review strategic developments in the civil engineering market, including expansions, agreements, and new product launches.
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