Projected to Reach $21.73 Trillion by 2030, Growing by $4.5 Trillion During 2026-2030

Key opportunities include the growth in digital construction, sustainable building materials, smart infrastructure projects, and automation technologies

Construction Market

Dublin, Jan. 28, 2026 (GLOBE NEWSWIRE) — The “Construction Market Report 2026” has been added to ResearchAndMarkets.com’s offering.

The global construction market is poised for robust expansion, with its size projected to rise from $16.45 trillion in 2025 to $17.26 trillion in 2026 at a CAGR of 4.9%. This surge, fueled by urbanization and increased demand for infrastructure, anticipates reaching $21.73 trillion by 2030, registering a CAGR of 5.9%. Key drivers include digital construction adoption, automation, and sustainable building practices, as well as the integration of modular and 3D construction technologies.

Government investment in infrastructure is a significant catalyst, with spending on transport, energy, and telecommunications infrastructure rising to facilitate economic recovery and future growth. Notably, the UK’s infrastructure investment reached $24.8 billion in 2024, reflecting a 16.9% increase from the previous year, supporting the demand for construction services across sectors.

Leading construction companies are leveraging innovative technologies, focusing on automation to enhance project efficacy and reduce costs. For instance, Tata Steel has launched a fully automated construction service center in Odisha aimed at transforming the construction sector with sustainability and precision. Similarly, Webuild S.p.A.’s acquisition of Clough Group emphasizes strategic expansion in the Asia-Pacific region, boosting project pipeline and competitive standing.

The construction market faces an evolving global landscape, challenged by changing trade relations and tariffs that increase costs and delay material supplies. These tariffs influence the construction of buildings and civil engineering projects, particularly in regions dependent on imported materials like Asia-Pacific and Europe. However, this has spurred shifts toward local manufacturing and alternative technologies, yielding some competitive advantages.

Major industry players include China State Construction Engineering Co., Ltd, Vinci S.A., and Grupo ACS among others. Their strategies embrace modular, prefabricated, and sustainable methods to keep pace with market demands. Asia-Pacific stands as the largest regional player in this market, followed by North America.

The report covers several aspects of the market:

• Market characteristics, size, growth, segmentation, and geographical distribution.

• Supply chain analysis, encompassing key resources and competitive landscapes.

• Updated trends focusing on digital transformations, automation, sustainability, and AI innovations.

• Regulatory frameworks, investment flows, and policy influences shaping growth and innovation.

• Detailed market size analysis, including historical data and forecasts.

• Factors influencing forecasts, like technological advancements and geopolitical events.

• Total addressable market analysis offering strategic insights based on market potential.

• Market attractiveness scoring to provide actionable insights for decision-makers.

• Market segmentation and regional analyses covering historical and forecast growth data.

• Competitive landscape evaluations of market shares, key financial transactions, and leading companies.

Scope

Markets Covered: Includes buildings construction, heavy and civil engineering, specialty trade contractors, and land planning and development. Covers large and small contractors, applicable to both public and private sectors.

Subsegments:

• Buildings: Residential, Commercial, Institutional, Industrial

• Heavy and Civil Engineering: Highways, Roads, Bridges, Railways, Utilities, Infrastructure

• Specialty Contractors: Electrical, Plumbing, HVAC, Roofing, Flooring

• Land Planning: Site Development, Subdivision, Urban, Environmental Planning

Leading Companies: China State Construction, Vinci S.A., Grupo ACS, Lennar Corp., Bouygues S.A., Lendlease Group, and many more from around the globe.

Countries & Regions: Coverage spans across Asia-Pacific, Southeast Asia, Western and Eastern Europe, North and South America, and the Middle East and Africa.

Time Series: Analysis includes five years of historical data and forecasts for the next ten years.

Key Attributes

The companies featured in this Construction market report include:

• China State Construction Engineering Co., Ltd

• China Railway Group Ltd

• China Railway Construction Corporation Limited

• China Communications Construction Group Ltd

• Vinci S.A.

• Grupo ACS

• Lennar Corporation

• D.R. Horton, Inc.

• Bouygues S.A.

• Power Construction Corp. Of China

• CIMIC Group

• Shimizu Corporation

• Lendlease Group

• CapitaLand Limited

• L&T Engineering & Construction Division

• Tata Projects Ltd

• Hindustan Construction Company

• Yunnan Zhiling Construction Engineering Co., Ltd.

• Zhejiang Yijian Construction Group Co.

• Interconstruct

• Anker Hansen & Co. A/S

• Christiansen & Essenbak A/S

• C.C. Contractor A/S

• EKE-Construction Ltd

• Colas Group

• Eiffage Construction

• Bauer Group

• Bennett Construction Limited

• Collen Construction Limited

• Casais Group

• Balfour Beatty

• Laing O’Rourke

• Interserve

• Morgan Sindall

• Kier

• Altaca Group

• Renaissance Construction

• ALFA Engineering & Construction Co

• Budimex Group

• STRABAG International GmbH

• Octagon Contracting & Engineering SA

• PCL Construction

• EllisDon Corporation

• Aecon Group Incorporated

• Ledcor Group of Companies

• Graham Construction

• Pomerleau Incorporated

• Bird Construction Incorporated

• Empresas ICA

• Bechtel

• Fluor Corporation

• Turner Corporation

• Skanska USA

• Kiewit Corporation

• Jacobs Engineering Group

• Oderbrecht

• Camargo Correa

• Andrade Gutierrez

• Queiroz Galvao

• MRV Engenharia

• SalfaCorp

• Mourik General Contractors

• McCrory Construction Company

• Al Habtoor Group LLC

• Al-Naboodah Constructing

• Arabian Construction Company

• Dutco Balfour Beatty LLC

• SHIKUN & BINUI LTD

• Mekorot Water Company Ltd

• DANYA CEBUS LTD

• ASHTROM GROUP LTD

• Saudi Bin Ladin Group

• Al-Rashid Trading & Contracting Co

• Al Ayuni Investment & Contracting Co

• Al Harbi Trading & Contracting Co

• Arabian Bemco Contracting Co

• Redcon Construction Company

• Estim Construction Co. Ltd

• TSAI Design Studio

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