Soaring Demand Set to Propel Education Buildings Market to $852.37 Billion by 2029

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What Is the Expected CAGR for the Education Buildings Market Through 2025?
The market size for education buildings has seen consistent growth over the years. From 2024 to 2025, it's projected to expand from $710.39 billion to $728.52 billion, representing a compound annual growth rate (CAGR) of 2.6%. This steady increase during the historic period can be traced back to robust economic growth in burgeoning markets, a surge in the count of private higher education institutions, and an uptick in both renovation and construction activities.

What's the Projected Size of the Global Education Buildings Market by 2029?
Over the coming years, a consistent expansion is projected for the education buildings market, with its worth estimated to reach $852.37 billion in 2029, marking a compound annual growth rate (CAGR) of 4.0%. Factors contributing to this growth in the forecasted period include the burgeoning number of schools, amplified government assistance, the globalization of education, an increasing global populace, and urbanization. The prediction period will also see several trends coming to the fore, such as the emphasis on eco-friendly construction practices involving the use of energy-efficient designs, renewable means of energy, and sustainable materials, the application of modular construction techniques, investing in top-notch infrastructure to endorse technology-facilitated learning, and a surge in investment volumes.

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Top Growth Drivers in the Education Buildings Industry: What's Accelerating the Market?
The growth of the educational buildings market is likely to be fueled by the rising number of schools. Schools, which are essentially educational facilities that provide classrooms and other learning environments and resources, need these buildings to set up physical infrastructure such as classrooms, laboratories, and equipment. As the number of schools grows, so does the need for educational buildings. For example, there are about 84,000 public schools in the United States, spread over almost 100,000 individual buildings. It is projected that total student enrollment in these institutions will reach 56.8 million by 2026. Consequently, the escalating number of schools is propelling the advancement of the educational buildings market.

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What Are the Key Trends Driving Education Buildings Market Growth?
The rise in the utilization of robotics in construction is a significant trend drawing attention in the market for educational buildings. Robotics, a field of science that involves creating, manufacturing, and employing robots to perform various straightforward and more complex tasks traditionally carried out by humans. In the construction industry, robotics is applied to accelerate work productivity, decrease human labor, lessen environmental impact, and to swiftly assemble educational buildings. For example, in March 2022, Rugged Robotics, an American construction technology firm, garnered $9.4 million in investment for the automation of construction layouts. The firm provides a 'Rugged Robotics Mark I' robot that can straightforwardly mark engineering designs onto concrete floors, and this is commercially accessible. This robot gives the workforce the knowledge of where to initiate the construction.

What Are the Main Segments in the Education Buildings Market?
The education buildings market covered in this report is segmented -

1) By Type: New Construction, Repair And Maintenance, Refurbishment, Demolition
2) By Application: Schools, Institutions
3) By End-User: Private, Public

Subsegments:
1) By New Construction: K-12 Schools, Higher Education Institutions, Vocational Training Centers
2) By Repair And Maintenance: Routine Maintenance Services, Emergency Repairs, Facility Upkeep
3) By Refurbishment: Interior Renovations, Upgrading Facilities, Energy Efficiency Improvements
4) By Demolition: Complete Demolition Of Old Structures, Selective Demolition For Renovation Projects

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Which Top Companies are Driving Growth in the Education Buildings Market?
Major companies operating in the education buildings market include Skanska AB, Hochtief AG, Balfour Beatty plc, DPR Construction, AECOM Technology, STO Building Group, McCarthy Holdings, Inc, HDR Inc, Gilbane, Inc, Gensler, Nikken Sekkei, Gold Mantis Construction Decoration Co. Ltd, China State Construction Engineering Corporation (CSCEC), Vinci SA, Bouygues Construction, Züblin, ACS Group, Ferrovial, NCC AB, Salini Impregilo, Astaldi, Kier Group, Group of Companies PIK, LSR Group, Rönesans Holding, Mosinzhproekt, S.C. PORR Construct, Budimex, STRABAG Sp. z o.o, Polimex-Mostostal, Metrostav, Turner Construction Company, PCL Construction, Mortenson, EllisDon Corporation, Aecon Group Inc, Bird Construction, Empresas ICA, Odebrecht Engenharia e Construção, Andrade Gutierrez, Camargo Corrêa, Mendes Júnior Engenharia, Techint Engineering & Construction, IECSA, SalfaCorp, Constructora Bolívar, Graña y Montero, Cosapi, Arabtec Construction LLC, Alec Engineering and Contracting, M/s Khansaheb Civil Engineering L.L.C., ASGC Construction LLC, Saudi Binladin Group (SBG), Saudi Oger Limited, Aveng Grinaker-LTA, Orascom Construction, Alexandria Construction, Stefanutti Stocks

Which Regions Will Dominate the Education Buildings Market Through 2029?
North America was the largest region in the educational buildings market in 2024. The regions covered in the education buildings market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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