Key Insights into the Civil Engineering Market: Trends, Growth Rate, and Opportunities Through 2034
2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!
How Are Key Drivers in the Industry Acting as Catalysts for the Growth of theCivil Engineering Market?
The civil engineering market is anticipated to grow due to escalating construction activities. Building activities involve the physical creation of infrastructure, buildings, and other structures. The rise in real estate and construction activities can be attributed to quick urbanization, infrastructure evolution, and a focus on accuracy and efficiency in building projects. Civil engineering plays a pivotal role in these activities for designing, planning, ensuring structural stability, maintaining infrastructure, cooperation, and novelty solutions. For example, based on data from the Australian Bureau of Statistics, a government agency in Australia, there were 30,992 new private housing units in March 2024, showing a 3.7% climb from December 2023 and a 14.6% surge from March 2023. Furthermore, completions of other new private residential buildings recorded an increase to 14,844 dwellings, indicating a 5.6% growth in comparison to December 2023. Consequently, the rise in construction activities propels the growth of the civil engineering market.
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How Will the Growth Rate of theCivil Engineering Market Impact Industry Trends by 2034?
The civil engineering market has experienced significant growth in recent years. Its size is projected to rise from $8899.72 billion in 2024 to $9484.24 billion in 2025, with a Compound Annual Growth Rate (CAGR) of 6.6%. Factors contributing to this historic growth include a surge in manufacturing activities, expansion of the civil engineering market, heightened construction activities, an increase in infrastructure development, and a rise in private investments.
In the upcoming years, the civil engineering market is anticipated to experience substantial expansion. The market value is projected to escalate to $12103.78 billion by 2029, growing at a compound annual growth rate (CAGR) of 6.3%. The anticipated surge during the forecast period can be credited to factors such as the rising emphasis on eco-friendly construction materials, amplified government and private sector construction investments, increasing purchasing power and consumer confidence, expanding infrastructure, growing urbanization, and a flourishing construction industry. Major trends that will be discernible during this period will include 3D printing, advanced and immersive reality, kinetic energy solutions, breakthroughs in technology, intelligent infrastructure, and the incorporation of IoT.
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What Are the Current Market Growth and Trends in theCivil Engineering Market That Industry Players Should Watch?
Focusing on implementing wireless sensor networks is a growing trend among leading corporations in the civil engineering market. These networks can bolster real-time surveillance and upkeep of infrastructure, heighten safety, and streamline resource administration by offering consistent, detailed data on structural health, environmental impacts, and operational ingenuity. These systems allow for constant information gathering on structural health, environmental impacts, and load tensions, enabling preemptive administration and early discovery of prospective challenges. For example, in November 2023, a software company from Spain called Worldsensing, rolled out a new wireless sensor called the vibration meter, developed to boost vibration monitoring in civil engineering initiatives. The vibration meter comes fitted with a high-energy density, changeable battery that has a lifespan of up to two years, contingent on usage. The meter can function effectively between temperatures of -40 °C and 80 °C, and can connect across distances of up to 15 km utilizing Worldsensing’s Long Range (LoRa) technology.
What Are the Major Market Players Making an Impact on theCivil Engineering Market Growth?
Major companies operating in the civil engineering market are Compagnie de Saint-Gobain S.A., Johnson Controls International PLC, CEMEX S.A.B. de C.V., Jacobs Solutions Inc., Fluor Corporation, AECOM, AtkinsRéalis Group Inc, Stantec Inc., Vicat SA, Tetra Tech Inc., Holcim Limited, Henningson, Durham & Richardson Inc., Boral Limited, Tarmac, GCP Applied Technologies, Galfar Engineering & Contracting SAOG, Geosyntec Consultants, HeidelbergCement AG, Hilti Corporation, The Lafarge
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How Are the Key Segments of the Civil Engineering Market Driving Opportunities and Innovations?
The civil engineering market covered in this report is segmented –
1) By Service Type: Planning And Design, Construction, Maintenance, Other Service Types
2) By Customer: Government, Private, Other Customers
3) By Application Type: Real Estate, Infrastructure, Industrial
Subsegments:
1) By Planning and Design: Feasibility Studies, Structural Design, Geotechnical Engineering, Environmental Impact Assessments
2) By Construction: General Contracting, Project Management, Site Development, Infrastructure Development
3) By Maintenance: Routine Maintenance Services, Structural Rehabilitation, Asset Management, Inspection And Assessment Services
4) By Other Service Types: Consulting Services, Surveying Services, Urban Planning, Water Resource Management
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What Regions Are At the Forefront of #How Are Key Drivers in the Industry Acting as Catalysts for the Growth of theCivil Engineering Market?# Market Expansion?
North America was the largest region in the civil engineering market in 2024. The regions covered in the civil engineering market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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