Commercial Construction Market in US 2024-2028

Commercial Construction Market in US 2023-2027


Technavio has been monitoring the commercial construction market in US and is forecast to grow by $107.69 bn during 2022-2027, accelerating at a CAGR of 1.62% during the forecast period. Our report on the commercial construction market in US provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by an increase in the construction of green buildings, expanding manufacturing and distribution facilities in the US, and the booming real estate sector in the US.

Technavio's commercial construction market in US is segmented as below:
  • By Sector
  • Private construction
  • Public construction
  • By Type
  • Building
  • Others
This study identifies the emergence of smart cities as one of the prime reasons driving the commercial construction market growth during the next few years. Also, the ongoing use of digital technologies in construction industries and increasing focus on building earthquake-resilient buildings will lead to sizable demand in the market.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the commercial construction market in US covers the following areas:
  • Commercial construction market sizing
  • Commercial construction market forecast
  • Commercial construction market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading commercial construction market vendors that include Actividades de Construccion y Servicios SA, AECOM, Bechtel Corp., Clark Construction Group LLC, Clayco, DPR Construction, Ferrovial SA, Fluor Corp., Gilbane Inc., Hensel Phelps, HOCHTIEF AG, Holder Construction Group LLC, Kiewit Corp., Parsons Corp., PCL Constructors Inc., Skanska AB, STO Building Group, The Walsh Group, and Tutor Perini Corp. Also, the commercial construction market in US analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.


1 Executive Summary
1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Country Market Characteristics
Executive Summary - Chart on Market Segmentation by Sector
Executive Summary - Chart on Market Segmentation by Type
Executive Summary - Chart on Company Market Positioning
2 Market Landscape
2.1 Market ecosystem
Parent Market
Data Table on - Parent Market
2.2 Market characteristics
Market characteristics analysis
2.3 Value chain analysis
Value Chain Analysis
3 Market Sizing
3.1 Market definition
Offerings of companies included in the market definition
3.2 Market segment analysis
Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Chart on US - Market size and forecast 2023-2028 ($ billion)
Data Table on US - Market size and forecast 2023-2028 ($ billion)
Chart on US: Year-over-year growth 2023-2028 (%)
Data Table on US: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
4.1 Commercial Construction Market in US 2018 - 2022
Historic Market Size - Data Table on Commercial Construction Market in US 2018 - 2022 ($ billion)
4.2 Sector segment analysis 2018 - 2022
Historic Market Size - Sector Segment 2018 - 2022 ($ billion)
4.3 Type segment analysis 2018 - 2022
Historic Market Size - Type Segment 2018 - 2022 ($ billion)
5 Five Forces Analysis
5.1 Five forces summary
Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by Sector
6.1 Market segments
Chart on Sector - Market share 2023-2028 (%)
Data Table on Sector - Market share 2023-2028 (%)
6.2 Comparison by Sector
Chart on Comparison by Sector
Data Table on Comparison by Sector
6.3 Private construction - Market size and forecast 2023-2028
Chart on Private construction - Market size and forecast 2023-2028 ($ billion)
Data Table on Private construction - Market size and forecast 2023-2028 ($ billion)
Chart on Private construction - Year-over-year growth 2023-2028 (%)
Data Table on Private construction - Year-over-year growth 2023-2028 (%)
6.4 Public construction - Market size and forecast 2023-2028
Chart on Public construction - Market size and forecast 2023-2028 ($ billion)
Data Table on Public construction - Market size and forecast 2023-2028 ($ billion)
Chart on Public construction - Year-over-year growth 2023-2028 (%)
Data Table on Public construction - Year-over-year growth 2023-2028 (%)
6.5 Market opportunity by Sector
Market opportunity by Sector ($ billion)
Data Table on Market opportunity by Sector ($ billion)
7 Market Segmentation by Type
7.1 Market segments
Chart on Type - Market share 2023-2028 (%)
Data Table on Type - Market share 2023-2028 (%)
7.2 Comparison by Type
Chart on Comparison by Type
Data Table on Comparison by Type
7.3 Building - Market size and forecast 2023-2028
Chart on Building - Market size and forecast 2023-2028 ($ billion)
Data Table on Building - Market size and forecast 2023-2028 ($ billion)
Chart on Building - Year-over-year growth 2023-2028 (%)
Data Table on Building - Year-over-year growth 2023-2028 (%)
7.4 Others - Market size and forecast 2023-2028
Chart on Others - Market size and forecast 2023-2028 ($ billion)
Data Table on Others - Market size and forecast 2023-2028 ($ billion)
Chart on Others - Year-over-year growth 2023-2028 (%)
Data Table on Others - Year-over-year growth 2023-2028 (%)
7.5 Market opportunity by Type
Market opportunity by Type ($ billion)
Data Table on Market opportunity by Type ($ billion)
8 Customer Landscape
8.1 Customer landscape overview
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Drivers, Challenges, and Opportunity/Restraints
9.1 Market drivers
9.2 Market challenges
9.3 Impact of drivers and challenges
Impact of drivers and challenges in 2023 and 2028
9.4 Market opportunities/restraints
10 Competitive Landscape
10.1 Overview
10.2 Competitive Landscape
Overview on criticality of inputs and factors of differentiation
10.3 Landscape disruption
Overview on factors of disruption
10.4 Industry risks
Impact of key risks on business
11 Competitive Analysis
11.1 Companies profiled
Companies covered
11.2 Market positioning of companies
Matrix on companies position and classification
11.3 ACS Actividades de Construccion Y Servicios SA
ACS Actividades de Construccion Y Servicios SA - Overview
ACS Actividades de Construccion Y Servicios SA - Business segments
ACS Actividades de Construccion Y Servicios SA - Key offerings
ACS Actividades de Construccion Y Servicios SA - Segment focus
11.4 AECOM
AECOM - Overview
AECOM - Business segments
AECOM - Key news
AECOM - Key offerings
AECOM - Segment focus
11.5 Bechtel Corp.
Bechtel Corp. - Overview
Bechtel Corp. - Product / Service
Bechtel Corp. - Key news
Bechtel Corp. - Key offerings
11.6 Clark Construction Group LLC
Clark Construction Group LLC - Overview
Clark Construction Group LLC - Product / Service
Clark Construction Group LLC - Key offerings
11.7 DPR Construction
DPR Construction - Overview
DPR Construction - Product / Service
DPR Construction - Key offerings
11.8 Ferrovial SA
Ferrovial SA - Overview
Ferrovial SA - Business segments
Ferrovial SA - Key offerings
Ferrovial SA - Segment focus
11.9 Fluor Corp.
Fluor Corp. - Overview
Fluor Corp. - Business segments
Fluor Corp. - Key news
Fluor Corp. - Key offerings
Fluor Corp. - Segment focus
11.10 Gilbane Inc.
Gilbane Inc. - Overview
Gilbane Inc. - Product / Service
Gilbane Inc. - Key offerings
11.11 HOCHTIEF AG
HOCHTIEF AG - Overview
HOCHTIEF AG - Business segments
HOCHTIEF AG - Key offerings
HOCHTIEF AG - Segment focus
11.12 Kiewit Corp.
Kiewit Corp. - Overview
Kiewit Corp. - Product / Service
Kiewit Corp. - Key offerings
11.13 Parsons Corp.
Parsons Corp. - Overview
Parsons Corp. - Business segments
Parsons Corp. - Key offerings
Parsons Corp. - Segment focus
11.14 Skanska AB
Skanska AB - Overview
Skanska AB - Business segments
Skanska AB - Key offerings
Skanska AB - Segment focus
11.15 STO Building Group
STO Building Group - Overview
STO Building Group - Product / Service
STO Building Group - Key offerings
11.16 The Walsh Group
The Walsh Group - Overview
The Walsh Group - Product / Service
The Walsh Group - Key offerings
11.17 Tutor Perini Corp.
Tutor Perini Corp. - Overview
Tutor Perini Corp. - Business segments
Tutor Perini Corp. - Key offerings
Tutor Perini Corp. - Segment focus
12 Appendix
12.1 Scope of the report
12.2 Inclusions and exclusions checklist
Inclusions checklist
Exclusions checklist
12.3 Currency conversion rates for US$
Currency conversion rates for US$
12.4 Research methodology
Research methodology
12.5 Data procurement
Information sources
12.6 Data validation
Data validation
12.7 Validation techniques employed for market sizing
Validation techniques employed for market sizing
12.8 Data synthesis
Data synthesis
12.9 360 degree market analysis
360 degree market analysis
12.10 List of abbreviations
List of abbreviations
Exhibits:
Exhibits1: Executive Summary - Chart on Market Overview
Exhibits2: Executive Summary - Data Table on Market Overview
Exhibits3: Executive Summary - Chart on Country Market Characteristics
Exhibits4: Executive Summary - Chart on Market Segmentation by Sector
Exhibits5: Executive Summary - Chart on Market Segmentation by Type
Exhibits6: Executive Summary - Chart on Company Market Positioning
Exhibits7: Parent Market
Exhibits8: Data Table on - Parent Market
Exhibits9: Market characteristics analysis
Exhibits10: Value Chain Analysis
Exhibits11: Offerings of companies included in the market definition
Exhibits12: Market segments
Exhibits13: Chart on US - Market size and forecast 2023-2028 ($ billion)
Exhibits14: Data Table on US - Market size and forecast 2023-2028 ($ billion)
Exhibits15: Chart on US: Year-over-year growth 2023-2028 (%)
Exhibits16: Data Table on US: Year-over-year growth 2023-2028 (%)
Exhibits17: Historic Market Size - Data Table on Commercial Construction Market in US 2018 - 2022 ($ billion)
Exhibits18: Historic Market Size - Sector Segment 2018 - 2022 ($ billion)
Exhibits19: Historic Market Size - Type Segment 2018 - 2022 ($ billion)
Exhibits20: Five forces analysis - Comparison between 2023 and 2028
Exhibits21: Bargaining power of buyers - Impact of key factors 2023 and 2028
Exhibits22: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
Exhibits23: Threat of new entrants - Impact of key factors in 2023 and 2028
Exhibits24: Threat of substitutes - Impact of key factors in 2023 and 2028
Exhibits25: Threat of rivalry - Impact of key factors in 2023 and 2028
Exhibits26: Chart on Market condition - Five forces 2023 and 2028
Exhibits27: Chart on Sector - Market share 2023-2028 (%)
Exhibits28: Data Table on Sector - Market share 2023-2028 (%)
Exhibits29: Chart on Comparison by Sector
Exhibits30: Data Table on Comparison by Sector
Exhibits31: Chart on Private construction - Market size and forecast 2023-2028 ($ billion)
Exhibits32: Data Table on Private construction - Market size and forecast 2023-2028 ($ billion)
Exhibits33: Chart on Private construction - Year-over-year growth 2023-2028 (%)
Exhibits34: Data Table on Private construction - Year-over-year growth 2023-2028 (%)
Exhibits35: Chart on Public construction - Market size and forecast 2023-2028 ($ billion)
Exhibits36: Data Table on Public construction - Market size and forecast 2023-2028 ($ billion)
Exhibits37: Chart on Public construction - Year-over-year growth 2023-2028 (%)
Exhibits38: Data Table on Public construction - Year-over-year growth 2023-2028 (%)
Exhibits39: Market opportunity by Sector ($ billion)
Exhibits40: Data Table on Market opportunity by Sector ($ billion)
Exhibits41: Chart on Type - Market share 2023-2028 (%)
Exhibits42: Data Table on Type - Market share 2023-2028 (%)
Exhibits43: Chart on Comparison by Type
Exhibits44: Data Table on Comparison by Type
Exhibits45: Chart on Building - Market size and forecast 2023-2028 ($ billion)
Exhibits46: Data Table on Building - Market size and forecast 2023-2028 ($ billion)
Exhibits47: Chart on Building - Year-over-year growth 2023-2028 (%)
Exhibits48: Data Table on Building - Year-over-year growth 2023-2028 (%)
Exhibits49: Chart on Others - Market size and forecast 2023-2028 ($ billion)
Exhibits50: Data Table on Others - Market size and forecast 2023-2028 ($ billion)
Exhibits51: Chart on Others - Year-over-year growth 2023-2028 (%)
Exhibits52: Data Table on Others - Year-over-year growth 2023-2028 (%)
Exhibits53: Market opportunity by Type ($ billion)
Exhibits54: Data Table on Market opportunity by Type ($ billion)
Exhibits55: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits56: Impact of drivers and challenges in 2023 and 2028
Exhibits57: Overview on criticality of inputs and factors of differentiation
Exhibits58: Overview on factors of disruption
Exhibits59: Impact of key risks on business
Exhibits60: Companies covered
Exhibits61: Matrix on companies position and classification
Exhibits62: ACS Actividades de Construccion Y Servicios SA - Overview
Exhibits63: ACS Actividades de Construccion Y Servicios SA - Business segments
Exhibits64: ACS Actividades de Construccion Y Servicios SA - Key offerings
Exhibits65: ACS Actividades de Construccion Y Servicios SA - Segment focus
Exhibits66: AECOM - Overview
Exhibits67: AECOM - Business segments
Exhibits68: AECOM - Key news
Exhibits69: AECOM - Key offerings
Exhibits70: AECOM - Segment focus
Exhibits71: Bechtel Corp. - Overview
Exhibits72: Bechtel Corp. - Product / Service
Exhibits73: Bechtel Corp. - Key news
Exhibits74: Bechtel Corp. - Key offerings
Exhibits75: Clark Construction Group LLC - Overview
Exhibits76: Clark Construction Group LLC - Product / Service
Exhibits77: Clark Construction Group LLC - Key offerings
Exhibits78: DPR Construction - Overview
Exhibits79: DPR Construction - Product / Service
Exhibits80: DPR Construction - Key offerings
Exhibits81: Ferrovial SA - Overview
Exhibits82: Ferrovial SA - Business segments
Exhibits83: Ferrovial SA - Key offerings
Exhibits84: Ferrovial SA - Segment focus
Exhibits85: Fluor Corp. - Overview
Exhibits86: Fluor Corp. - Business segments
Exhibits87: Fluor Corp. - Key news
Exhibits88: Fluor Corp. - Key offerings
Exhibits89: Fluor Corp. - Segment focus
Exhibits90: Gilbane Inc. - Overview
Exhibits91: Gilbane Inc. - Product / Service
Exhibits92: Gilbane Inc. - Key offerings
Exhibits93: HOCHTIEF AG - Overview
Exhibits94: HOCHTIEF AG - Business segments
Exhibits95: HOCHTIEF AG - Key offerings
Exhibits96: HOCHTIEF AG - Segment focus
Exhibits97: Kiewit Corp. - Overview
Exhibits98: Kiewit Corp. - Product / Service
Exhibits99: Kiewit Corp. - Key offerings
Exhibits100: Parsons Corp. - Overview
Exhibits101: Parsons Corp. - Business segments
Exhibits102: Parsons Corp. - Key offerings
Exhibits103: Parsons Corp. - Segment focus
Exhibits104: Skanska AB - Overview
Exhibits105: Skanska AB - Business segments
Exhibits106: Skanska AB - Key offerings
Exhibits107: Skanska AB - Segment focus
Exhibits108: STO Building Group - Overview
Exhibits109: STO Building Group - Product / Service
Exhibits110: STO Building Group - Key offerings
Exhibits111: The Walsh Group - Overview
Exhibits112: The Walsh Group - Product / Service
Exhibits113: The Walsh Group - Key offerings
Exhibits114: Tutor Perini Corp. - Overview
Exhibits115: Tutor Perini Corp. - Business segments
Exhibits116: Tutor Perini Corp. - Key offerings
Exhibits117: Tutor Perini Corp. - Segment focus
Exhibits118: Inclusions checklist
Exhibits119: Exclusions checklist
Exhibits120: Currency conversion rates for US$
Exhibits121: Research methodology
Exhibits122: Information sources
Exhibits123: Data validation
Exhibits124: Validation techniques employed for market sizing
Exhibits125: Data synthesis
Exhibits126: 360 degree market analysis
Exhibits127: List of abbreviations

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