Global Civil Engineering Market Size, Share, Forecast Report, 2020-2027

The report provides rational insights along with historical and forecast data to aid in better understanding of the Global Civil Engineering Market. The report provides a comprehensive analysis of key factors that are expected to drive the growth of the Civil Engineering market. This study also provides a detailed overview of the opportunities along with the current trends observed in the target market.

The global civil engineering market size was estimated at USD 8.73 trillion in 2019 and is expected to expand at a CAGR of 5.4 % from 2020 to 2027. The expanding real estate, especially the construction of single-family dwellings and the multi storied apartments in emerging economies of Asia Pacific is anticipated to drive the growth.

Rapidly rising urban population coupled with growing need for its accommodation is one of the major factors driving the market. In addition, rising infrastructural development backed by the public-private partnerships in emerging economies from Asia Pacific and Middle East is expected to bolster the market growth.

Implication of stringent emission standards during construction activities in Europe and North America is expected to boost the demand for civil engineering services for successful execution of projects as per the required standards. In addition, rapid shift of construction sector from conventional construction materials to green building materials is also expected to positively influence the market growth in the forthcoming years.

Players operating in the market for civil engineering services market are increasingly focusing on the use of green building materials owing to emerging concept of sustainable building structures and energy efficiency. In addition, continuous introduction of new and innovative building materials and technologies is also expected to create lucrative opportunities for the market players in near future.

The market is highly reliant on the growth of construction industry, which in turn depends on the microeconomic and macroeconomic factors. Thus, the market is extremely vulnerable to cyclic fluctuations in the construction industry caused due to the factors such as economic downturns

Rising adoption of digitalization and innovative technologies is expected to positively influence the growth of civil engineering value chain across the globe. Thus, the development of advanced tools and software are expected to lead the timely and cost-efficient execution of construction projects, thereby offering lucrative growth opportunities to market

The report covers major players operating in the market along with the key strategies implemented to achieve a competitive edge against a majority of the vendors which provides a competitive outlook of the industry. The competitive landscape further includes details about different players and their position on a global and a local level is also explained in detail in this compiled study. These insights were prepared through mapping business strategies and products that offer high revenue generation capacities. Key players of the global Civil Engineering market are included as given below:

Key market players include AECOM; Amec Foster Wheeler plc; United States Army Corps of Engineers; SNC-Lavalin; Galfar Engineering & Contracting SAOG; and Jacobs Engineering Group, Inc. Most players are continuously introducing advanced technologies including materials and equipment to construct sustainable buildings. Major companies focus on achieving optimal operational costs, enhancing the building quality, and maximizing production output. Moreover, high investments in R&D for developing cost and energy efficient building designs is also a factor considered by the companies to remain competitive.

The global Civil Engineering market has been segmented as below:

• Service 

  • Planning & Design

  • Construction

  • Maintenance

  • Others

• Application 

  • Real Estate

  • Infrastructure

  • Industrial

• Customer 

  • Government

  • Private

  • Others

• Global Civil Engineering Market by Region
• North America
• Europe
• Asia Pacific
• Rest of the World

Reasons to Purchase this Report:

Estimates Civil Engineering development trends with SWOT analysis

• Detailed business profiles including product offerings, recent developments, key financial information, and strategies employed by main market players
• Analysis of various regions and countries that includes the demand and supply based actions, which consequently have a major influence on the market’s expansion
• Market dynamics scenario, along with growth opportunities for players in the years to come
• Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the mentioned forecast period
• Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects