Construction Market is Poised to Grow a Robust CAGR of 3.31% by 2031

HTF MI recently introduced Global Construction Market study with 143+ pages in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status (2025-2031). The market Study is segmented by key regions which is accelerating the marketization. At present, the market is developing its presence.

Major companies in Construction Market are: Nesma, Arabian Bemco Contracting Co., IKK Group of Companies, Abdul Latif Jameel, AL-AYUNI Investment and Contracting, Abdullah AM AlKhodari Sons, AYTB, ABV Rock Group, Saudi Consolidated Contracting.

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According to HTF Market Intelligence, the global Construction Market size was valued at USD 30849.05 Million in 2024 and estimated to reach revenue of USD 34474.38 Million by 2031, with a CAGR of 3.31% from 2025 to 2031.

The Construction Market is Segmented by Application (Industrial, Commercial, Infrastructural, Residential) by Type (Buildings Construction, Heavy And Civil Engineering Construction, Specialty Trade Contractors, Land Planning And Development)

Definition:
The construction industry encompasses the planning, design, financing, and building of infrastructure, commercial buildings, residential properties, and industrial facilities. It includes a wide range of activities from site preparation and structural engineering to finishing and interior work. It is a critical sector driving economic growth, urbanization, and employment. With the integration of digital technologies like BIM, green building standards, and modular construction, the sector is evolving to become more efficient and sustainable.

Market Trends:
Adoption of Building Information Modeling (BIM), prefabricated and modular construction, use of drones and AI for project monitoring, and sustainable building certifications.

Market Drivers
Urbanization, population growth, public infrastructure investment, and the rise in green and smart building projects globally.

Market Opportunities:
Digital transformation through IoT and AI, smart city developments, retrofitting of old structures, and growth in affordable housing initiatives.

Market Challenges:
Labor shortages, rising raw material costs, regulatory complexities, and project delays due to political or environmental issues.

Dominating Region:
Asia-Pacific

Fastest-Growing Region:
Asia-Pacific

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The titled segments and sub-section of the market are illuminated below:
In-depth analysis of Construction market segments by Types: Buildings Construction, Heavy And Civil Engineering Construction, Specialty Trade Contractors, Land Planning And Development
Detailed analysis of Construction market segments by Applications: Industrial, Commercial, Infrastructural, Residential

Global Construction Market -Regional Analysis
• North America: United States of America (US), Canada, and Mexico.
• South & Central America: Argentina, Chile, Colombia, and Brazil.
• Middle East & Africa: Kingdom of Saudi Arabia, United Arab Emirates, Turkey, Israel, Egypt, and South Africa.
• Europe: the UK, France, Italy, Germany, Spain, Nordics, BALTIC Countries, Russia, Austria, and the Rest of Europe.
• Asia: India, China, Japan, South Korea, Taiwan, Southeast Asia (Singapore, Thailand, Malaysia, Indonesia, Philippines & Vietnam, etc) & Rest
• Oceania: Australia & New Zealand

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Construction Market Research Objectives:
- Focuses on the key manufacturers, to define, pronounce and examine the value, sales volume, market share, market competition landscape, SWOT analysis, and development plans in the next few years.
- To share comprehensive information about the key factors influencing the growth of the market (opportunities, drivers, growth potential, industry-specific challenges and risks).
- To analyze the with respect to individual future prospects, growth trends and their involvement to the total market.
- To analyze reasonable developments such as agreements, expansions new product launches, and acquisitions in the market.
- To deliberately profile the key players and systematically examine their growth strategies.

FIVE FORCES & PESTLE ANALYSIS:
In order to better understand market conditions five forces analysis is conducted that includes the Bargaining power of buyers, Bargaining power of suppliers, Threat of new entrants, Threat of substitutes, and Threat of rivalry.
• Political (Political policy and stability as well as trade, fiscal, and taxation policies)
• Economical (Interest rates, employment or unemployment rates, raw material costs, and foreign exchange rates)
• Social (Changing family demographics, education levels, cultural trends, attitude changes, and changes in lifestyles)
• Technological (Changes in digital or mobile technology, automation, research, and development)
• Legal (Employment legislation, consumer law, health, and safety, international as well as trade regulation and restrictions)
• Environmental (Climate, recycling procedures, carbon footprint, waste disposal, and sustainability)

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Points Covered in Table of Content of Global Construction Market:
Chapter 01 - Construction Executive Summary
Chapter 02 - Market Overview
Chapter 03 - Key Success Factors
Chapter 04 - Global Construction Market - Pricing Analysis
Chapter 05 - Global Construction Market Background or History
Chapter 06 - Global Construction Market Segmentation (e.g. Type, Application)
Chapter 07 - Key and Emerging Countries Analysis Worldwide Construction Market
Chapter 08 - Global Construction Market Structure & worth Analysis
Chapter 09 - Global Construction Market Competitive Analysis & Challenges
Chapter 10 - Assumptions and Acronyms
Chapter 11 - Construction Market Research Method

Thanks for reading this article; you can also get individual chapter-wise sections or region-wise report versions like North America, LATAM, Europe, Japan, Australia or Southeast Asia.

Nidhi Bhawsar (PR & Marketing Manager)
HTF Market Intelligence Consulting Private Limited
Phone: +15075562445
sales@htfmarketreport.com

About Author:
HTF Market Intelligence Consulting is uniquely positioned to empower and inspire with research and consulting services to empower businesses with growth strategies, by offering services with extraordinary depth and breadth of thought leadership, research, tools, events, and experience that assist in decision-making.

This release was published on openPR.