Comprehensive Nonresidential Building Construction Market Forecast 2025-2034: Growth Trends and Strategic Shifts

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Nonresidential Building Construction Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The size of the nonresidential building construction market has consistently expanded over the past few years. It is forecasted to increase from $3016.2 billion in 2024 to $3087.58 billion in 2025, with a compound annual growth rate (CAGR) of 2.4%. This expansion during the historic period can be linked to powerful economic advancement in emerging markets, a low-interest-rate scenario, and the swift rise in the elderly populace.

Nonresidential Building Construction Market Size Forecast: What's the Projected Valuation by 2029?
The market size for nonresidential building construction is projected to undergo consistent growth in the ensuing years. The market is expected to expand to $3589.99 billion by 2029, with a compound annual growth rate (CAGR) of 3.8%. Factors that contribute to this anticipated growth during the forecast period include a swiftly rising urban populace, escalating population growth, elevated disposable earnings, enhanced government spending on infrastructure development, and the recommencement of office-based operations following the COVID-19 pandemic. Key trends predicted for the forecast period encompass eco-friendly construction initiatives, the use of self-operating construction vehicles, a growing interest in modular construction, the application of innovative building materials to enhance construction, construction robotics, and an increase in 3D construction printing.

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What Are the Drivers Transforming the Nonresidential Building Construction Market?
The forecast period is likely to see an increase in demand for new residential and commercial structures, driven by a rapidly expanding urban population. As per a report from UN World Urbanization Prospects, it is presumed that cities will be home to over two-thirds (60%) of the planet's population by the year 2050. Emerging countries in Asia such as Indonesia, Vietnam, and the Philippines, which are becoming hotspots for export-oriented manufacturing, are poised to present significant opportunities. Further, the World Bank estimates that the urban population of South Asia could surge by 250 million by 2030. This brisk move towards urbanization is predicted to catalyze the need for new infrastructure, thereby propelling the non-residential building construction market in the projected period.

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What Are the Key Trends Driving Nonresidential Building Construction Market Growth?
Construction firms involved in the building industry are gradually adopting eco-friendly construction methods to develop buildings that are energy efficient and lower building expenses. The term 'green construction' is used to denote the employment of building materials and practices that are sustainable and lead to the creation of buildings that are energy optimized and have a minimal impact on the environment. As per the data from the World Green Building Trends Survey, around 60% of the construction companies worldwide are engaged in green building projects. Certifications like Leadership in Energy and Environmental Design (LEED) guide these companies in constructing high-performance, eco-friendly residential and commercial structures. These certifications also provide an array of profits, ranging from tax benefits to promotional prospects. Construction materials that promote sustainability, like organic paints and steel beams produced from recycled materials, are extensively used in the UK. Aside from these, the industry is also utilizing other green building methods such as cross-ventilation for creating a more organic environment, green building software like Construction Suite to ensure green compliance, and the Green Globes management tool.

Which Segments in the Nonresidential Building Construction Market Offer the Most Profit Potential?
The nonresidential building construction market covered in this report is segmented -

1) By Type: Institutional Buildings, Commercial Buildings
2) By Building Type: Non-Residential Smart Buildings, Traditional Buildings
3) By End-User Sector: Private, Public

Subsegments:
1) By Institutional Buildings: Educational Institutions (Schools, Universities), Healthcare Facilities (Hospitals, Clinics), Government Buildings (Courthouses, Municipal Buildings), Religious Buildings (Churches, Temples)
2) By Commercial Buildings: Office Buildings, Retail Stores And Shopping Centers, Hotels And Hospitality Facilities, Warehouses And Distribution Centers

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Which Firms Dominate the Nonresidential Building Construction Market by Market Share and Revenue in 2025?
Major companies operating in the nonresidential building construction market include China State Construction Engineering Co., Ltd., Shanghai Construction Group Co., Ltd., Hochtief AG, Vinci S.A., Bouygues SA, Greenland Holding Group, Skanska Group, Obayashi Corporation, AECOM, Bechtel Corporation, Ramky Infrastructure Limited, Rain City Industries Pty. Ltd., J.M. Industries Pty. Ltd., Jeshy Building Concepts Pty Ltd, Dixon Construction Limited, F J Ventures Limited, Operateur de Reseaux d'Energies, Deme Offshore Be, CAJOT LORRAINE, SAS AGENCE LORRAINE DE VIABILITE, PJ Hegarty & Sons U.C., Ballast Nedam Groep N.V., Voorbij Funderingstechniek B.V., Vroom Funderingstechnieken B.V., Van Wijnen Arnhem B.V., Dana Holdings, Swietelsky, Habau, Castagner Immobiliare S.R.L., V & R Edilcons Srl, Blueair Instal Srl, Dalmata Business Srl, Quanta Ten Estate Developments Srl, Zentec Construct Srl, Turner Corp, Clark Group, Swinerton, Hensel Phelps, Lendlease, Gilbane Building Co, Battle Lake Design Group, Alberta, Renewed Materials, Inc., Eco Caminhos, Construcciones Planificadas, WTorre Empreendimentos, Line Investments & Property LLC (LIP), Emaar, AF construction, La' Ala Al-Kuwait Real Estate Co., Gav Yam Land Corporation Ltd., Al Sraiya Holding Group, Al Futtaim Colas, Kharafi National, Baran Group, Redcon Construction Company, Estim Construction Co. Ltd, Eco-Beam, Ecomo, TSAI design studio

Which Regions Offer the Highest Growth Potential in the Nonresidential Building Construction Market?
Asia-Pacific was the largest region in the non-residential building construction market in 2024. North America was the second-largest region in the non-residential building construction market. The regions covered in the nonresidential building construction market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

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