Get a free sample of Civil Engineering Market
Thank you!
Your inquiry has been received. Our team will reach out to you with the required details via email. To ensure that you don't miss their response, kindly remember to check your spam folder as well!
Form submitted successfully!
Error submitting form. Please try again.
Get a free sample of Civil Engineering Market
Thank you!
Your inquiry has been received. Our team will reach out to you with the required details via email. To ensure that you don't miss their response, kindly remember to check your spam folder as well!
Form submitted successfully!
Error submitting form. Please try again.
Civil Engineering Market Share
Key players involve in the market are ACS Group, AECOM, Bouygues S.A., STRABAG SE, and Vinci SA accounting market share of 12-15% in 2023. Innovation is a major driver of competition in civil engineering. Companies that embrace and create innovative technologies such as Building Information Modeling (BIM), new materials, and sustainable building processes have a competitive advantage. Innovation may result in cost savings, increased efficiency, and environmentally sustainable solutions.
Strong connections with customers, government agencies, suppliers, and industry partners are critical for securing contracts and remaining competitive. Networking possibilities, involvement in industry groups, and retaining a good reputation may all contribute to repeat business and recommendations. Adaptability, resilience, and the ability to predict and adapt to market trends are critical for businesses to flourish in this competitive environment.
Civil Engineering Market Companies
Major companies operating in the civil engineering industry include:
- ACS Group
- AECOM
- Afcons Infrastructure Ltd
- Bouygues S.A.
- Eiffage SA
- Fujita Corporation
- Jacobs
- Kiewit Corporation
- Larsen & Toubro Limited
- Royal BAM Group
- Skanska AB
- STRABAG SE
- Tata Projects Ltd.
- Tetra Tech Inc.
- Vinci SA
How big is the Asia Pacific civil engineering industry?
Asia Pacific civil engineering market is expected to reach USD 7.4 trillion by 2032 due to rapid urbanization and high demand for new infrastructure, including roads and utilities.
Why is the demand for civil engineering rising through building?
The building segment in the market accounted for USD 4.6 trillion in 2023, driven by rising emphasis on sustainable construction approaches and integration of IoT and AI technologies.
What is the size of the civil engineering market?
Global civil engineering industry was valued at USD 12.5 trillion in 2023 and is anticipated to register 5.2% CAGR between 2024 and 2032 due to the rising urbanization along with the increasing awareness of environmental issues.
Who are the leading civil engineering industry players?
ACS Group, AECOM, Afcons Infrastructure Ltd, Bouygues S.A., Eiffage SA, Fujita Corporation, Jacobs, Kiewit Corporation, Larsen & Toubro Limited, Royal BAM Group, Skanska AB and STRABAG SE, among others.