Civil Engineering Market to grow by USD 2658.03 Bn by 2026, Rise in construction activities in developing countries to boost market growth

NEW YORK, Oct. 7, 2022 /PRNewswire/ — Technavio has been monitoring the civil engineering market, operating under the industrial industry. The report registers an incremental growth of USD 2658.03 billion, at a CAGR of 3.97% during the forecast period.

Technavio has announced its latest market research report titled Global Civil Engineering Market 2022-2026

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Competitors have to focus on differentiating their product offerings with unique value propositions to strengthen their foothold in the market. Market vendors also have to leverage the existing growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

AECOM, Balfour Beatty Plc, Fluor Corp., Galfar Engineering and Contracting SAOG, Hyundai Motor Group, Jacobs Engineering Group Inc., John Wood Group Plc, SNC-Lavalin Group Inc., Stantec Inc., and Tetra Tech Inc. are among some of the major market participants.

The rise in construction activities in developing countries has been instrumental in driving the growth of the market. However, the decline in civil engineering might hamper the market growth. Request Free Sample Report.

Civil Engineering Market Segmentation

Based on geographic segmentation, 37% of the market’s originated from APAC during the forecast period. In addition, the Real Estate category led the growth under the application segment  This report provides an accurate prediction of the contribution of all the segments to the growth of the superfood powders market size.

APAC will account for 37% of market growth. The two major civil engineering markets in APAC are China and India. The research provides a current review of the market’s geographic distribution. Due to its rapid growth, APAC is anticipated to present a number of chances for market suppliers throughout the forecast period. Over the projection period, an increase in building renovation activities would support market expansion in APAC for civil engineering. Buy Sample Report.

Civil Engineering Market Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The civil engineering market report covers the following areas:

  • Civil Engineering Market Size

  • Civil Engineering Market Trends

  • Civil Engineering Market Industry Analysis

This study identifies the rise in construction activities in developing countries as one of the prime reasons driving the Civil Engineering Market growth during the next few years. Download Free Sample Report.

Civil Engineering Market Key Highlights

  • CAGR of the market during the forecast period

  • Detailed information on factors that will assist civil engineering market growth during the next five years

  • Estimation of the civil engineering market size and its contribution to the parent market

  • Predictions on upcoming trends and changes in consumer behavior

  • The growth of the civil engineering market

  • Analysis of the market’s competitive landscape and detailed information on vendors

  • Comprehensive details of factors that will challenge the growth of civil engineering market, vendors

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Civil Engineering Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 3.97%

Market growth 2022-2026

$2658.03 billion

Market structure

Fragmented

YoY growth (%)

3.88

Regional analysis

APAC, North America, Europe, MEA, and South America

Performing market contribution

APAC at 37%

Key consumer countries

China, US, India, Germany, and Canada

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

AECOM, Balfour Beatty Plc, Fluor Corp., Galfar Engineering and Contracting SAOG, Hyundai Motor Group, Jacobs Engineering Group Inc., John Wood Group Plc, SNC-Lavalin Group Inc., Stantec Inc., and Tetra Tech Inc.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table of Contents:

Executive Summary

Market Landscape

Market Sizing

Five Forces Analysis

Market Segmentation by Application

  • Market segments

  • Comparison by Application

  • Real estate – Market size and forecast 2021-2026

  • Infrastructure – Market size and forecast 2021-2026

  • Industrial – Market size and forecast 2021-2026

  • Market opportunity by Application

Customer landscape

Geographic Landscape

  • Geographic segmentation

  • Geographic comparison

  • APAC – Market size and forecast 2021-2026

  • North America – Market size and forecast 2021-2026

  • Europe – Market size and forecast 2021-2026

  • MEA – Market size and forecast 2021-2026

  • South America – Market size and forecast 2021-2026

  • Key leading countries

  • Market opportunity by geography

  • Market drivers

  • Market challenges

  • Market trends

Vendor Landscape

  • Vendor landscape

  • Landscape disruption

Vendor Analysis

  • Vendors covered

  • Market positioning of vendors

  • AECOM

  • Balfour Beatty Plc

  • Fluor Corp.

  • Galfar Engineering and Contracting SAOG

  • Hyundai Motor Group

  • Jacobs Engineering Group Inc.

  • John Wood Group Plc

  • SNC-Lavalin Group Inc.

  • Stantec Inc.

  • Tetra Tech Inc.

Appendix

  • Scope of the report

  • Research methodology

  • List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

Global Civil Engineering Market 2022-2026

Global Civil Engineering Market 2022-2026

Cision

Cision

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SOURCE Technavio

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