Learn about the global heavy and civil engineering construction market through The Business Research Company, which provides information on heavy and civil engineering construction market size, heavy and civil engineering construction market drivers and restraints, heavy and civil engineering construction market players, the COVID-19 impact on the heavy and civil engineering construction market, and more.

The global heavy and civil engineering construction market ize is expected to grow from $1742.92 billion in 2021 to $1921.67 billion in 2022 at a compound annual growth rate (CAGR) of 10.3%. The growth in the heavy and civil engineering construction market is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The heavy and civil engineering construction market is expected to reach $2733.35 billion in 2026 at a CAGR of 9.2%.

Technological development will drive the growth of heavy and civil engineering construction during the forecast period.

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The heavy and civil engineering construction market consists of sales of heavy and civil engineering construction services and related goods by entities (organizations, sole traders and partnerships) that undertake heavy and civil engineering construction projects (e.g., highways and dams), and by specialty trade contractors, whose primary activity is the production of a specific component for such projects. The work performed may include new work, additions, alterations, or maintenance and repairs. The sales revenues earned from construction projects involving water resources (e.g., dredging and land drainage) and projects involving open space improvement (e.g., parks and trails) are included in this market. Establishments whose primary activity is the subdivision of land into individual building lots usually perform various additional site-improvement activities (e.g., road building and utility line installation) and their sales revenues are included in this market.

Global Heavy And Civil Engineering Construction Market Segments Include:
By Type: Utility System Construction, Highway, Street, And Bridge Construction, Other Heavy And Civil Engineering Construction

By Organisation Size: Large Enterprises, Small and Medium Enterprises

Subsegments Covered: Water And Sewer Line And Related Structures Construction, Oil And Gas Pipeline And Related Structures Construction, Power And Communication Line And Related Structures Construction, Roads And Highways, Bridges And Tunnels, Other Highway, Street, And Bridge Construction, Marine And Ports Construction, Rail Road Construction, Sea Wall Construction, All Other Heavy And Civil Engineering Construction

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific was the largest region in the heavy and civil engineering construction market in 2021.

The offshore productivity or the productivity of marine contractors has been increasing in recent years owing to better automation and monitoring technologies. This increase in productivity is seen particularly in dredging, land reclamation and offshore construction of oil platforms, and can be attributed to mechanical technology improvements, automation and better monitoring of offshore construction projects.

TBRC’s heavy and civil engineering construction market report covers:

Major Market Players: China Railway Group Ltd; China Railway Construction Corporation Limited; China Communications Construction Croup ltd; Bechtel Corporation; Power Construction Corp Of China.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)

The Heavy And Civil Engineering Construction Global Market Report 2022:  Market Size, Trends, And Global Forecast 2022 – 2026 is one of a series of new reports from The Business Research Company that provides heavy and civil engineering construction market overviews, analyses and forecasts market size, share, heavy and civil engineering construction market players, heavy and civil engineering construction market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s heavy and civil engineering construction market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

Here Is A List Of Similar Reports From The Business Research Company:

Nonresidential Building Construction Global Market Report 2022

Utility System Construction Global Market Report 2022

Engineering Services Global Market Report 2022

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