Civil Engineering Market Summary
As per Market Research Future Analysis, the Global Civil Engineering Market was valued at USD 4964.4 billion in 2021 and is projected to grow from USD 5222.6 billion in 2022 to USD 7834.5 billion by 2030, with a CAGR of 5.2% from 2024 to 2030. Key drivers include rising disposable income in emerging nations and technological advancements in construction. The market is witnessing a shift towards digitalization and eco-friendly construction materials, enhancing growth opportunities.
Key Market Trends & Highlights
The Civil Engineering market is experiencing significant growth driven by technological advancements and increasing investments.
- Market Size in 2021: USD 4964.4 billion; Projected Size by 2030: USD 7834.5 billion.
- CAGR during 2024-2030: 5.2%; Major growth driven by infrastructure investments.
- Government clients account for over 41.2% of market share; Private sector is the fastest-growing segment.
- Asia-Pacific region held over 23% of global revenue in 2022; Expected highest growth rate during forecast period.
Market Size & Forecast
2021 Market Size | USD 4964.4 billion |
2022 Market Size | USD 5222.6 billion |
2030 Market Size | USD 7834.5 billion |
CAGR (2024-2030) | 5.2% |
Major Players
AECOM (US), SNC-Lavalin (Canada), Jacobs Engineering Group Inc. (US), Fluor Corporation (US), Stantec Inc. (Canada), Amec Foster Wheeler plc (UK), United States Army Corps of Engineers (US), Galfar Engineering & Contracting SAOG (UAE), HDR Inc. (US), Tetra Tech Inc. (US)