Construction Market Research Report by Type of Construction (Buildings Construction, Heavy and Civil Engineering Construction, Specialty Trade Contractors, Land Planning and Development), by End-Use Sector (Private, Public), and by Type of Contractor (Large Contractor, Small Contractor) Forecast till 2035
Market Overview
The construction market was valued at USD 12,878.29 million in 2024 and is expected to grow at a CAGR of 4.23% from 2025 to 2030. Construction is the process of building or assembling infrastructure, such as homes, roads, bridges, or commercial buildings. It involves planning, designing, and executing projects using materials, labor, and technology to create functional structures.
Government investment in infrastructure and smart city projects is one of the strongest drivers of growth in the global construction industry. Significant investments are being made in areas such as transportation, energy and digital infrastructure in major economies such as the United States, China, India and countries in the EU in order to facilitate connectivity and sustainability. These important programs not only create economic growth, but also create jobs, stimulate private sector investment and provide stability and resilience to sectors in the long term.
Key Company Development
On 15 February 2025, Lennar Corporation acquired Rausch Coleman Homes, one of the largest builders of residential homes. This strategic acquisition will extend Lennar’s geographical reach to significant regions such as Arkansas, Oklahoma, Alabama, and Kansas/Missouri while improving existing operations in Texas and Florida. The acquisition will improve Lennar’s geographical presence and its long-term growth strategy in its home markets of the United States residential housing sector.
Major Players
Key players in the global construction market are Bouygues S.A., Power Construction Corporation of China, ACS Group, D.R. Horton, Inc., Lennar Corporation, Larsen & Toubro Limited, CIMIC Group Limited, CapitaLand Group Pte. Ltd, Shimizu Corporation, and Lendlease Group.
Report Attribute Details
• Market Size 2024: USD 12,878.29 Million
• CAGR (2025-2030): 4.23%
• Base Year: 2024
• Market Forecast Period: 2025-2035
Market Segmentations
• By Type of Construction: Buildings Construction - 4.27%, Heavy and Civil Engineering Construction - 4.01%.
• By End-Use Sector: Private - 4.00%, Public - 4.86%.
• By Type of Contractor: Large Contractor - 4.09%, Small Contractor - 4.56%.
Regional Insights
The North American construction market remains one of the most mature and technologically advanced construction sectors in the world and was valued at nearly USD 2 trillion in 2024. The United States dominates the market in the region thanks to large-scale federal programmes implemented by government acts such as the Infrastructure Investment and Jobs Act, stimulating activity in areas such as transportation, energy, and digital connectivity. The North American construction market is driven by strong residential and infrastructure developments in the U.S. and steady growth in Canada.
The construction industry in Europe is undergoing a structural change stimulated by sustainability, digital transformation and government-backed infrastructure projects. This market is valued at around USD 3.2 trillion in 2024 and its growth will be driven by green building mandates introduced under the European Green Deal and the Energy Performance of Buildings Directive. Europe’s market remains stable, with Germany, the UK, and France showing consistent investments in sustainable and modern building projects.
Asia-Pacific dominates the global construction landscape, contributing over half of the total market output in 2024 with a valuation exceeding USD 6.5 trillion. China’s infrastructure expansion under its 14th Five-Year Plan, coupled with India’s Smart Cities Mission and Gati Shakti initiative, is fueling unprecedented growth. The Asia-Pacific region dominates the market, led by China’s rapid urbanization and Japan’s ongoing infrastructure advancements.
The Latin American construction market, valued at USD 524.8 billion in 2024, is progressing amid political fluctuations and economic uncertainties. Brazil leads the regional activity with housing and infrastructure initiatives under the “Minha Casa Minha Vida” program, while Chile and Colombia continue to prioritize sustainable and social housing projects.
The Middle East & Africa construction sector is entering a transformative phase fueled by diversification strategies, megaprojects, and rising urbanization. Saudi Arabia’s Vision 2030, along with projects like NEOM and Qiddiya, exemplifies the region’s shift toward futuristic, sustainable cities. The UAE continues to lead in commercial, transport, and real estate development.
圖表清單 List of Tables & Figures
LIST OF TABLES
TABLE 1 QFD MODELING FOR MARKET SHARE ASSESSMENT 37
TABLE 2 GLOBAL CONSTRUCTION MARKET, BY TYPE OF CONSTRUCTION, 2019-2035 (USD MILLION) 58
TABLE 3 GLOBAL CONSTRUCTION MARKET, BY END-USE SECTOR, 2019-2035 (USD MILLION) 61
TABLE 4 GLOBAL CONSTRUCTION MARKET, BY TYPE OF CONTRACTOR, 2019-2035 (USD MILLION) 63
TABLE 5 GLOBAL CONSTRUCTION MARKET, BY REGION, 2019-2035 (USD MILLION) 66
TABLE 6 NORTH AMERICA CONSTRUCTION MARKET, BY COUNTRY, 2019-2035 (USD MILLION) 70
TABLE 7 NORTH AMERICA CONSTRUCTION MARKET, BY TYPE OF CONSTRUCTION, 2019-2035 (USD MILLION) 70
TABLE 8 NORTH AMERICA CONSTRUCTION MARKET, BY END-USE SECTOR, 2019-2035 (USD MILLION) 70
TABLE 9 NORTH AMERICA CONSTRUCTION MARKET, BY TYPE OF CONTRACTOR, 2019-2035 (USD MILLION) 70
TABLE 10 US CONSTRUCTION MARKET, BY TYPE OF CONSTRUCTION, 2019-2035 (USD MILLION) 71
TABLE 11 US CONSTRUCTION MARKET, BY END-USE SECTOR, 2019-2035 (USD MILLION) 71
TABLE 12 US CONSTRUCTION MARKET, BY TYPE OF CONTRACTOR, 2019-2035 (USD MILLION) 71
TABLE 13 CANADA CONSTRUCTION MARKET, BY TYPE OF CONSTRUCTION, 2019-2035 (USD MILLION) 72
TABLE 14 CANADA CONSTRUCTION MARKET, BY END-USE SECTOR, 2019-2035 (USD MILLION) 72
TABLE 15 CANADA CONSTRUCTION MARKET, BY TYPE OF CONTRACTOR, 2019-2035 (USD MILLION) 72
TABLE 16 EUROPE CONSTRUCTION MARKET, BY COUNTRY, 2019-2035 (USD MILLION) 75
TABLE 17 EUROPE CONSTRUCTION MARKET, BY TYPE OF CONSTRUCTION, 2019-2035 (USD MILLION) 75
TABLE 18 EUROPE CONSTRUCTION MARKET, BY END-USE SECTOR, 2019-2035 (USD MILLION) 75
TABLE 19 EUROPE CONSTRUCTION MARKET, BY TYPE OF CONTRACTOR, 2019-2035 (USD MILLION) 75
TABLE 20 GERMANY CONSTRUCTION MARKET, BY TYPE OF CONSTRUCTION, 2019-2035 (USD MILLION) 76
TABLE 21 GERMANY CONSTRUCTION MARKET, BY END-USE SECTOR, 2019-2035 (USD MILLION) 76
TABLE 22 GERMANY CONSTRUCTION MARKET, BY TYPE OF CONTRACTOR, 2019-2035 (USD MILLION) 76
TABLE 23 UK CONSTRUCTION MARKET, BY TYPE OF CONSTRUCTION, 2019-2035 (USD MILLION) 77
TABLE 24 UK CONSTRUCTION MARKET, BY END-USE SECTOR, 2019-2035 (USD MILLION) 77
TABLE 25 UK CONSTRUCTION MARKET, BY TYPE OF CONTRACTOR, 2019-2035 (USD MILLION) 77
TABLE 26 FRANCE CONSTRUCTION MARKET, BY TYPE OF CONSTRUCTION, 2019-2035 (USD MILLION) 78
TABLE 27 FRANCE CONSTRUCTION MARKET, BY END-USE SECTOR, 2019-2035 (USD MILLION) 78
TABLE 28 FRANCE CONSTRUCTION MARKET, BY TYPE OF CONTRACTOR, 2019-2035 (USD MILLION) 78
TABLE 29 RUSSIA CONSTRUCTION MARKET, BY TYPE OF CONSTRUCTION, 2019-2035 (USD MILLION) 79
TABLE 30 RUSSIA CONSTRUCTION MARKET, BY END-USE SECTOR, 2019-2035 (USD MILLION) 79
TABLE 31 RUSSIA CONSTRUCTION MARKET, BY TYPE OF CONTRACTOR, 2019-2035 (USD MILLION) 79
TABLE 32 ITALY CONSTRUCTION MARKET, BY TYPE OF CONSTRUCTION, 2019-2035 (USD MILLION) 80
TABLE 33 ITALY CONSTRUCTION MARKET, BY END-USE SECTOR, 2019-2035 (USD MILLION) 80
TABLE 34 ITALY CONSTRUCTION MARKET, BY TYPE OF CONTRACTOR, 2019-2035 (USD MILLION) 80
TABLE 35 SPAIN CONSTRUCTION MARKET, BY TYPE OF CONSTRUCTION, 2019-2035 (USD MILLION) 81
TABLE 36 SPAIN CONSTRUCTION MARKET, BY END-USE SECTOR, 2019-2035 (USD MILLION) 81
TABLE 37 SPAIN CONSTRUCTION MARKET, BY TYPE OF CONTRACTOR, 2019-2035 (USD MILLION) 81
TABLE 38 REST OF EUROPE CONSTRUCTION MARKET, BY TYPE OF CONSTRUCTION, 2019-2035 (USD MILLION) 82
TABLE 39 REST OF EUROPE CONSTRUCTION MARKET, BY END-USE SECTOR, 2019-2035 (USD MILLION) 82
TABLE 40 REST OF EUROPE CONSTRUCTION MARKET, BY TYPE OF CONTRACTOR, 2019-2035 (USD MILLION) 82
TABLE 41 ASIA PACIFIC CONSTRUCTION MARKET, BY COUNTRY, 2019-2035 (USD MILLION) 85
TABLE 42 ASIA PACIFIC CONSTRUCTION MARKET, BY TYPE OF CONSTRUCTION, 2019-2035 (USD MILLION) 85
TABLE 43 ASIA PACIFIC CONSTRUCTION MARKET, BY END-USE SECTOR, 2019-2035 (USD MILLION) 85
TABLE 44 ASIA PACIFIC CONSTRUCTION MARKET, BY TYPE OF CONTRACTOR, 2019-2035 (USD MILLION) 85
TABLE 45 CHINA CONSTRUCTION MARKET, BY TYPE OF CONSTRUCTION, 2019-2035 (USD MILLION) 86
TABLE 46 CHINA CONSTRUCTION MARKET, BY END-USE SECTOR, 2019-2035 (USD MILLION) 86
TABLE 47 CHINA CONSTRUCTION MARKET, BY TYPE OF CONTRACTOR, 2019-2035 (USD MILLION) 86
TABLE 48 INDIA CONSTRUCTION MARKET, BY TYPE OF CONSTRUCTION, 2019-2035 (USD MILLION) 87
TABLE 49 INDIA CONSTRUCTION MARKET, BY END-USE SECTOR, 2019-2035 (USD MILLION) 87
TABLE 50 INDIA CONSTRUCTION MARKET, BY TYPE OF CONTRACTOR, 2019-2035 (USD MILLION) 87
TABLE 51 JAPAN CONSTRUCTION MARKET, BY TYPE OF CONSTRUCTION, 2019-2035 (USD MILLION) 88
TABLE 52 JAPAN CONSTRUCTION MARKET, BY END-USE SECTOR, 2019-2035 (USD MILLION) 88
TABLE 53 JAPAN CONSTRUCTION MARKET, BY TYPE OF CONTRACTOR, 2019-2035 (USD MILLION) 88
TABLE 54 SOUTH KOREA CONSTRUCTION MARKET, BY TYPE OF CONSTRUCTION, 2019-2035 (USD MILLION) 89
TABLE 55 SOUTH KOREA CONSTRUCTION MARKET, BY END-USE SECTOR, 2019-2035 (USD MILLION) 89
TABLE 56 SOUTH KOREA CONSTRUCTION MARKET, BY TYPE OF CONTRACTOR, 2019-2035 (USD MILLION) 89
TABLE 57 MALAYSIA CONSTRUCTION MARKET, BY TYPE OF CONSTRUCTION, 2019-2035 (USD MILLION) 90
TABLE 58 MALAYSIA CONSTRUCTION MARKET, BY END-USE SECTOR, 2019-2035 (USD MILLION) 90
TABLE 59 MALAYSIA CONSTRUCTION MARKET, BY TYPE OF CONTRACTOR, 2019-2035 (USD MILLION) 90
TABLE 60 THAILAND CONSTRUCTION MARKET, BY TYPE OF CONSTRUCTION, 2019-2035 (USD MILLION) 91
TABLE 61 THAILAND CONSTRUCTION MARKET, BY END-USE SECTOR, 2019-2035 (USD MILLION) 91
TABLE 62 THAILAND CONSTRUCTION MARKET, BY TYPE OF CONTRACTOR, 2019-2035 (USD MILLION) 91
TABLE 63 INDONESIA CONSTRUCTION MARKET, BY TYPE OF CONSTRUCTION, 2019-2035 (USD MILLION) 92
TABLE 64 INDONESIA CONSTRUCTION MARKET, BY END-USE SECTOR, 2019-2035 (USD MILLION) 92
TABLE 65 INDONESIA CONSTRUCTION MARKET, BY TYPE OF CONTRACTOR, 2019-2035 (USD MILLION) 92
TABLE 66 REST OF ASIA-PACIFIC CONSTRUCTION MARKET, BY TYPE OF CONSTRUCTION, 2019-2035 (USD MILLION) 93
TABLE 67 REST OF ASIA-PACIFIC CONSTRUCTION MARKET, BY END-USE SECTOR, 2019-2035 (USD MILLION) 93
TABLE 68 REST OF ASIA-PACIFIC CONSTRUCTION MARKET, BY TYPE OF CONTRACTOR, 2019-2035 (USD MILLION) 93
TABLE 69 SOUTH AMERICA CONSTRUCTION MARKET, BY COUNTRY, 2019-2035 (USD MILLION) 96
TABLE 70 SOUTH AMERICA CONSTRUCTION MARKET, BY TYPE OF CONSTRUCTION, 2019-2035 (USD MILLION) 96
TABLE 71 SOUTH AMERICA CONSTRUCTION MARKET, BY END-USE SECTOR, 2019-2035 (USD MILLION) 96
TABLE 72 SOUTH AMERICA CONSTRUCTION MARKET, BY TYPE OF CONTRACTOR, 2019-2035 (USD MILLION) 97
TABLE 73 BRAZIL CONSTRUCTION MARKET, BY TYPE OF CONSTRUCTION, 2019-2035 (USD MILLION) 97
TABLE 74 BRAZIL CONSTRUCTION MARKET, BY END-USE SECTOR, 2019-2035 (USD MILLION) 97
TABLE 75 BRAZIL CONSTRUCTION MARKET, BY TYPE OF CONTRACTOR, 2019-2035 (USD MILLION) 97
TABLE 76 MEXICO CONSTRUCTION MARKET, BY TYPE OF CONSTRUCTION, 2019-2035 (USD MILLION) 98
TABLE 77 MEXICO CONSTRUCTION MARKET, BY END-USE SECTOR, 2019-2035 (USD MILLION) 98
TABLE 78 MEXICO CONSTRUCTION MARKET, BY TYPE OF CONTRACTOR, 2019-2035 (USD MILLION) 98
TABLE 79 ARGENTINA CONSTRUCTION MARKET, BY TYPE OF CONSTRUCTION, 2019-2035 (USD MILLION) 99
TABLE 80 ARGENTINA CONSTRUCTION MARKET, BY END-USE SECTOR, 2019-2035 (USD MILLION) 99
TABLE 81 ARGENTINA CONSTRUCTION MARKET, BY TYPE OF CONTRACTOR, 2019-2035 (USD MILLION) 99
TABLE 82 REST OF SOUTH AMERICA CONSTRUCTION MARKET, BY TYPE OF CONSTRUCTION, 2019-2035 (USD MILLION) 100
TABLE 83 REST OF SOUTH AMERICA CONSTRUCTION MARKET, BY END-USE SECTOR, 2019-2035 (USD MILLION) 100
TABLE 84 REST OF SOUTH AMERICA CONSTRUCTION MARKET, BY TYPE OF CONTRACTOR, 2019-2035 (USD MILLION) 100
TABLE 85 MIDDLE EAST & AFRICA CONSTRUCTION MARKET, BY COUNTRY, 2019-2035 (USD MILLION) 103
TABLE 86 MIDDLE EAST & AFRICA CONSTRUCTION MARKET, BY TYPE OF CONSTRUCTION, 2019-2035 (USD MILLION) 103
TABLE 87 MIDDLE EAST & AFRICA CONSTRUCTION MARKET, BY END-USE SECTOR, 2019-2035 (USD MILLION) 103
TABLE 88 MIDDLE EAST & AFRICA CONSTRUCTION MARKET, BY TYPE OF CONTRACTOR, 2019-2035 (USD MILLION) 104
TABLE 89 GCC COUNTRIES CONSTRUCTION MARKET, BY TYPE OF CONSTRUCTION, 2019-2035 (USD MILLION) 104
TABLE 90 GCC COUNTRIES CONSTRUCTION MARKET, BY END-USE SECTOR, 2019-2035 (USD MILLION) 104
TABLE 91 GCC COUNTRIES CONSTRUCTION MARKET, BY TYPE OF CONTRACTOR, 2019-2035 (USD MILLION) 105
TABLE 92 SOUTH AFRICA CONSTRUCTION MARKET, BY TYPE OF CONSTRUCTION, 2019-2035 (USD MILLION) 106
TABLE 93 SOUTH AFRICA CONSTRUCTION MARKET, BY END-USE SECTOR, 2019-2035 (USD MILLION) 106
TABLE 94 SOUTH AFRICA CONSTRUCTION MARKET, BY TYPE OF CONTRACTOR, 2019-2035 (USD MILLION) 106
TABLE 95 REST OF MIDDLE EAST & AFRICA CONSTRUCTION MARKET, BY TYPE OF CONSTRUCTION, 2019-2035 (USD MILLION) 107
TABLE 96 REST OF MIDDLE EAST & AFRICA CONSTRUCTION MARKET, BY END-USE SECTOR, 2019-2035 (USD MILLION) 107
TABLE 97 REST OF MIDDLE EAST & AFRICA CONSTRUCTION MARKET, BY TYPE OF CONTRACTOR, 2019-2035 (USD MILLION) 107
TABLE 98 MAJOR PLAYERS IN TERMS OF MARKET DISRUPTORS & INNOVATORS 109
TABLE 99 THE MOST ACTIVE PLAYERS IN THE GLOBAL PPF MARKET 112
TABLE 100 CONTRACTS & AGREEMENT 112
TABLE 101 PRODUCT LAUNCH/PRODUCT DEVELOPMENT 113
TABLE 102 PARTNERSHIPS/ACQUISITION 113
TABLE 103 ACS GROUP: PRODUCTS/SERVICES OFFERED 114
TABLE 104 LENNAR CORPORATION: PRODUCTS OFFERED 117
TABLE 105 LENNAR CORPORATION: KEY DEVELOPMENTS 117
TABLE 106 D.R. HORTON, INC.: PRODUCTS OFFERED 120
TABLE 107 BOUYGUES S.A.: PRODUCTS OFFERED 122
TABLE 108 POWER CONSTRUCTION CORPORATION OF CHINA: PRODUCTS/SERVICES OFFERED 124
TABLE 109 POWER CONSTRUCTION CORPORATION OF CHINA: KEY DEVELOPMENTS 124
TABLE 110 CIMIC GROUP LIMITED: PRODUCTS OFFERED 126
TABLE 111 CIMIC GROUP LIMITED: KEY DEVELOPMENTS 127
TABLE 112 SHIMIZU CORPORATION: PRODUCTS OFFERED 129
TABLE 113 SHIMIZU CORPORATION: KEY DEVELOPMENTS 130
TABLE 114 LENDLEASE GROUP: PRODUCTS OFFERED 132
TABLE 115 CAPITALAND GROUP PTE. LTD: PRODUCTS OFFERED 134
TABLE 116 LARSEN & TOUBRO LIMITED: PRODUCTS OFFERED 137
TABLE 117 LARSEN & TOUBRO LIMITED: KEY DEVELOPMENTS 137
LIST OF FIGURES
FIGURE 1 GLOBAL RISE OF URBANIZATION (1950–2050) 19
FIGURE 2 GLOBAL CONSTRUCTION MARKET SNAPSHOT, 2024 20
FIGURE 3 GLOBAL CONSTRUCTION MARKET: STRUCTURE 24
FIGURE 4 KEY BUYING CRITERIA FOR CONSTRUCTION 24
FIGURE 5 GLOBAL CONSTRUCTION MARKET: MARKET DYNAMICS 42
FIGURE 6 DRIVER IMPACT ANALYSIS (2019-2035) 44
FIGURE 7 RESTRAINT IMPACT ANALYSIS (2019-2035) 46
FIGURE 8 SUPPLY CHAIN ANALYSIS: GLOBAL CONSTRUCTION MARKET 51
FIGURE 9 PORTER’S FIVE FORCES MODEL: GLOBAL CONSTRUCTION MARKET 54
FIGURE 10 GLOBAL CONSTRUCTION MARKET, BY TYPE OF CONSTRUCTION, 2024 (% SHARE) 58
FIGURE 11 GLOBAL CONSTRUCTION MARKET, BY END-USE SECTOR, 2024 (% SHARE) 61
FIGURE 12 GLOBAL CONSTRUCTION MARKET, BY TYPE OF CONTRACTOR, 2024 (% SHARE) 63
FIGURE 13 GLOBAL MARKET: COMPARATIVE ANALYSIS 67
FIGURE 14 GLOBAL CONSTRUCTION MARKET, BY REGION, 2024 (% SHARE) 67
FIGURE 15 NORTH AMERICA MARKET: COMPARATIVE ANALYSIS 68
FIGURE 16 NORTH AMERICA CONSTRUCTION MARKET, BY COUNTRY, 2024 (% SHARE) 69
FIGURE 17 EUROPE MARKET: COMPARATIVE ANALYSIS 73
FIGURE 18 EUROPE CONSTRUCTION MARKET, BY COUNTRY, 2024 (% SHARE) 74
FIGURE 19 ASIA PACIFIC MARKET: COMPARATIVE ANALYSIS 83
FIGURE 20 ASIA PACIFIC CONSTRUCTION MARKET, BY COUNTRY, 2024 (% SHARE) 84
FIGURE 21 SOUTH AMERICA MARKET: COMPARATIVE ANALYSIS 94
FIGURE 22 SOUTH AMERICA CONSTRUCTION MARKET, BY COUNTRY, 2024 (% SHARE) 95
FIGURE 23 MIDDLE EAST & AFRICA MARKET: COMPARATIVE ANALYSIS 101
FIGURE 24 MIDDLE EAST & AFRICA CONSTRUCTION MARKET, BY COUNTRY, 2024 (% SHARE) 102
FIGURE 25 MAJOR PLAYERS IN THE GLOBAL CONSTRUCTION MARKET: MARKET SHARE 2024 108
FIGURE 26 BENCHMARKING OF MAJOR COMPETITORS 110
FIGURE 27 ACS GROUP: SWOT ANALYSIS 115
FIGURE 28 LENNAR CORPORATION: FINANCIAL OVERVIEW SNAPSHOT 116
FIGURE 29 LENNAR CORPORATION: SWOT ANALYSIS 118
FIGURE 30 D.R. HORTON, INC.: FINANCIAL OVERVIEW SNAPSHOT 119
FIGURE 31 D.R. HORTON, INC.: SWOT ANALYSIS 121
FIGURE 32 BOUYGUES S.A.: SWOT ANALYSIS 123
FIGURE 33 POWER CONSTRUCTION CORPORATION OF CHINA: SWOT ANALYSIS 125
FIGURE 34 CIMIC GROUP LIMITED: SWOT ANALYSIS 127
FIGURE 35 SHIMIZU CORPORATION: SWOT ANALYSIS 131
FIGURE 36 LENDLEASE GROUP: SWOT ANALYSIS 133
FIGURE 37 CAPITALAND GROUP PTE. LTD: SWOT ANALYSIS 135
FIGURE 38 LARSEN & TOUBRO LIMITED: FINANCIAL OVERVIEW SNAPSHOT 136
FIGURE 39 LARSEN & TOUBRO LIMITED: SWOT ANALYSIS 138
量子訊息有限公司為 Market Research Future 在台灣的授權代理,提供報告購買、樣本申請與授權諮詢。電話 +886 2 7751 5192 ・ 聯絡我們