Commercial Construction Market in US 2025-2029

Commercial Construction Market In US 2025-2029

The commercial construction market in US is forecasted to grow by USD 191 billion during 2024-2029, accelerating at a CAGR of 2.7% during the forecast period. The 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 increase in construction of green buildings, expanding manufacturing and distribution facilities in US, and booming real estate sector in US.

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 size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.

Technavio's commercial construction market in US is segmented as below:

By Sector

  • Private construction
  • Public construction
By Type
  • Building
  • Others
By End-user
  • Office buildings
  • Retail spaces
  • Hotels and hospitality
  • Healthcare facilities
  • Others
By Geographical Landscape
  • North America
This study identifies the emergence of smart cities as one of the prime reasons driving the commercial construction market in US growth during the next few years. Also, ongoing use of digital technologies in construction industries and increasing focus on building earthquake-resilient buildings will lead to sizable demand in the market.

The report on the commercial construction market in US covers the following areas:
  • Commercial Construction Market in US sizing
  • Commercial Construction Market in US forecast
  • Commercial Construction Market in US industry analysis
The 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 in US vendors that include ACS 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 publisher 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 primary and secondary research. The 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 Market Segmentation by End-user
Executive Summary - Chart on Company Market Positioning
2 Technavio Analysis
2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
2.2 Criticality of inputs and Factors of differentiation
Overview on criticality of inputs and factors of differentiation
2.3 Factors of disruption
Overview on factors of disruption
2.4 Impact of drivers and challenges
Impact of drivers and challenges in 2024 and 2029
3 Market Landscape
3.1 Market ecosystem
Parent Market
Data Table on - Parent Market
3.2 Market characteristics
Market characteristics analysis
3.3 Value chain analysis
Value chain analysis
4 Market Sizing
4.1 Market definition
Offerings of companies included in the market definition
4.2 Market segment analysis
Market segments
4.3 Market size 2024
4.4 Market outlook: Forecast for 2024-2029
Chart on US - Market size and forecast 2024-2029 ($ billion)
Data Table on US - Market size and forecast 2024-2029 ($ billion)
Chart on US: Year-over-year growth 2024-2029 (%)
Data Table on US: Year-over-year growth 2024-2029 (%)
5 Historic Market Size
5.1 Commercial Construction Market in US 2019 - 2023
Historic Market Size - Data Table on Commercial Construction Market in US 2019 - 2023 ($ billion)
5.2 Sector segment analysis 2019 - 2023
Historic Market Size - Sector Segment 2019 - 2023 ($ billion)
5.3 Type segment analysis 2019 - 2023
Historic Market Size - Type Segment 2019 - 2023 ($ billion)
5.4 End-user segment analysis 2019 - 2023
Historic Market Size - End-user Segment 2019 - 2023 ($ billion)
6 Qualitative Analysis
6.1 Impact of AI in the commercial construction market in US
7 Five Forces Analysis
7.1 Five forces summary
Five forces analysis - Comparison between 2024 and 2029
7.2 Bargaining power of buyers
Bargaining power of buyers - Impact of key factors 2024 and 2029
7.3 Bargaining power of suppliers
Bargaining power of suppliers - Impact of key factors in 2024 and 2029
7.4 Threat of new entrants
Threat of new entrants - Impact of key factors in 2024 and 2029
7.5 Threat of substitutes
Threat of substitutes - Impact of key factors in 2024 and 2029
7.6 Threat of rivalry
Threat of rivalry - Impact of key factors in 2024 and 2029
7.7 Market condition
Chart on Market condition - Five forces 2024 and 2029
8 Market Segmentation by Sector
8.1 Market segments
Chart on Sector - Market share 2024-2029 (%)
Data Table on Sector - Market share 2024-2029 (%)
8.2 Comparison by Sector
Chart on Comparison by Sector
Data Table on Comparison by Sector
8.3 Private construction - Market size and forecast 2024-2029
Chart on Private construction - Market size and forecast 2024-2029 ($ billion)
Data Table on Private construction - Market size and forecast 2024-2029 ($ billion)
Chart on Private construction - Year-over-year growth 2024-2029 (%)
Data Table on Private construction - Year-over-year growth 2024-2029 (%)
8.4 Public construction - Market size and forecast 2024-2029
Chart on Public construction - Market size and forecast 2024-2029 ($ billion)
Data Table on Public construction - Market size and forecast 2024-2029 ($ billion)
Chart on Public construction - Year-over-year growth 2024-2029 (%)
Data Table on Public construction - Year-over-year growth 2024-2029 (%)
8.5 Market opportunity by Sector
Market opportunity by Sector ($ billion)
Data Table on Market opportunity by Sector ($ billion)
9 Market Segmentation by Type
9.1 Market segments
Chart on Type - Market share 2024-2029 (%)
Data Table on Type - Market share 2024-2029 (%)
9.2 Comparison by Type
Chart on Comparison by Type
Data Table on Comparison by Type
9.3 Building - Market size and forecast 2024-2029
Chart on Building - Market size and forecast 2024-2029 ($ billion)
Data Table on Building - Market size and forecast 2024-2029 ($ billion)
Chart on Building - Year-over-year growth 2024-2029 (%)
Data Table on Building - Year-over-year growth 2024-2029 (%)
9.4 Others - Market size and forecast 2024-2029
Chart on Others - Market size and forecast 2024-2029 ($ billion)
Data Table on Others - Market size and forecast 2024-2029 ($ billion)
Chart on Others - Year-over-year growth 2024-2029 (%)
Data Table on Others - Year-over-year growth 2024-2029 (%)
9.5 Market opportunity by Type
Market opportunity by Type ($ billion)
Data Table on Market opportunity by Type ($ billion)
10 Market Segmentation by End-user
10.1 Market segments
Chart on End-user - Market share 2024-2029 (%)
Data Table on End-user - Market share 2024-2029 (%)
10.2 Comparison by End-user
Chart on Comparison by End-user
Data Table on Comparison by End-user
10.3 Office buildings - Market size and forecast 2024-2029
Chart on Office buildings - Market size and forecast 2024-2029 ($ billion)
Data Table on Office buildings - Market size and forecast 2024-2029 ($ billion)
Chart on Office buildings - Year-over-year growth 2024-2029 (%)
Data Table on Office buildings - Year-over-year growth 2024-2029 (%)
10.4 Retail spaces - Market size and forecast 2024-2029
Chart on Retail spaces - Market size and forecast 2024-2029 ($ billion)
Data Table on Retail spaces - Market size and forecast 2024-2029 ($ billion)
Chart on Retail spaces - Year-over-year growth 2024-2029 (%)
Data Table on Retail spaces - Year-over-year growth 2024-2029 (%)
10.5 Hotels and hospitality - Market size and forecast 2024-2029
Chart on Hotels and hospitality - Market size and forecast 2024-2029 ($ billion)
Data Table on Hotels and hospitality - Market size and forecast 2024-2029 ($ billion)
Chart on Hotels and hospitality - Year-over-year growth 2024-2029 (%)
Data Table on Hotels and hospitality - Year-over-year growth 2024-2029 (%)
10.6 Healthcare facilities - Market size and forecast 2024-2029
Chart on Healthcare facilities - Market size and forecast 2024-2029 ($ billion)
Data Table on Healthcare facilities - Market size and forecast 2024-2029 ($ billion)
Chart on Healthcare facilities - Year-over-year growth 2024-2029 (%)
Data Table on Healthcare facilities - Year-over-year growth 2024-2029 (%)
10.7 Others - Market size and forecast 2024-2029
Chart on Others - Market size and forecast 2024-2029 ($ billion)
Data Table on Others - Market size and forecast 2024-2029 ($ billion)
Chart on Others - Year-over-year growth 2024-2029 (%)
Data Table on Others - Year-over-year growth 2024-2029 (%)
10.8 Market opportunity by End-user
Market opportunity by End-user ($ billion)
Data Table on Market opportunity by End-user ($ billion)
11 Customer Landscape
11.1 Customer landscape overview
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
12 Drivers, Challenges, and Opportunity/Restraints
12.1 Market drivers
12.2 Market challenges
12.3 Impact of drivers and challenges
Impact of drivers and challenges in 2024 and 2029
12.4 Market opportunities/restraints
13 Competitive Landscape
13.1 Overview
13.2 Competitive Landscape
Overview on criticality of inputs and factors of differentiation
13.3 Landscape disruption
Overview on factors of disruption
13.4 Industry risks
Impact of key risks on business
14 Competitive Analysis
14.1 Companies profiled
Companies covered
14.2 Company ranking index
Company ranking index
14.3 Market positioning of companies
Matrix on companies position and classification
14.4 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
SWOT
14.5 AECOM
AECOM - Overview
AECOM - Business segments
AECOM - Key news
AECOM - Key offerings
AECOM - Segment focus
SWOT
14.6 Bechtel Corp.
Bechtel Corp. - Overview
Bechtel Corp. - Product / Service
Bechtel Corp. - Key news
Bechtel Corp. - Key offerings
SWOT
14.7 Clark Construction Group LLC
Clark Construction Group LLC - Overview
Clark Construction Group LLC - Product / Service
Clark Construction Group LLC - Key offerings
SWOT
14.8 DPR Construction
DPR Construction - Overview
DPR Construction - Product / Service
DPR Construction - Key offerings
SWOT
14.9 Ferrovial SA
Ferrovial SA - Overview
Ferrovial SA - Business segments
Ferrovial SA - Key offerings
Ferrovial SA - Segment focus
SWOT
14.10 Fluor Corp.
Fluor Corp. - Overview
Fluor Corp. - Business segments
Fluor Corp. - Key news
Fluor Corp. - Key offerings
Fluor Corp. - Segment focus
SWOT
14.11 Gilbane Inc.
Gilbane Inc. - Overview
Gilbane Inc. - Product / Service
Gilbane Inc. - Key offerings
SWOT
14.12 HOCHTIEF AG
HOCHTIEF AG - Overview
HOCHTIEF AG - Business segments
HOCHTIEF AG - Key offerings
HOCHTIEF AG - Segment focus
SWOT
14.13 Kiewit Corp.
Kiewit Corp. - Overview
Kiewit Corp. - Product / Service
Kiewit Corp. - Key offerings
SWOT
14.14 Parsons Corp.
Parsons Corp. - Overview
Parsons Corp. - Business segments
Parsons Corp. - Key offerings
Parsons Corp. - Segment focus
SWOT
14.15 Skanska AB
Skanska AB - Overview
Skanska AB - Business segments
Skanska AB - Key offerings
Skanska AB - Segment focus
SWOT
14.16 STO Building Group
STO Building Group - Overview
STO Building Group - Product / Service
STO Building Group - Key offerings
SWOT
14.17 The Walsh Group
The Walsh Group - Overview
The Walsh Group - Product / Service
The Walsh Group - Key offerings
SWOT
14.18 Tutor Perini Corp.
Tutor Perini Corp. - Overview
Tutor Perini Corp. - Business segments
Tutor Perini Corp. - Key offerings
Tutor Perini Corp. - Segment focus
SWOT
15 Appendix
15.1 Scope of the report
15.2 Inclusions and exclusions checklist
Inclusions checklist
Exclusions checklist
15.3 Currency conversion rates for US$
Currency conversion rates for US$
15.4 Research methodology
Research methodology
15.5 Data procurement
Information sources
15.6 Data validation
Data validation
15.7 Validation techniques employed for market sizing
Validation techniques employed for market sizing
15.8 Data synthesis
Data synthesis
15.9 360 degree market analysis
360 degree market analysis
15.10 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 Market Segmentation by End-user
Exhibits7: Executive Summary - Chart on Company Market Positioning
Exhibits8: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits9: Overview on criticality of inputs and factors of differentiation
Exhibits10: Overview on factors of disruption
Exhibits11: Impact of drivers and challenges in 2024 and 2029
Exhibits12: Parent Market
Exhibits13: Data Table on - Parent Market
Exhibits14: Market characteristics analysis
Exhibits15: Value chain analysis
Exhibits16: Offerings of companies included in the market definition
Exhibits17: Market segments
Exhibits18: Chart on US - Market size and forecast 2024-2029 ($ billion)
Exhibits19: Data Table on US - Market size and forecast 2024-2029 ($ billion)
Exhibits20: Chart on US: Year-over-year growth 2024-2029 (%)
Exhibits21: Data Table on US: Year-over-year growth 2024-2029 (%)
Exhibits22: Historic Market Size - Data Table on Commercial Construction Market in US 2019 - 2023 ($ billion)
Exhibits23: Historic Market Size - Sector Segment 2019 - 2023 ($ billion)
Exhibits24: Historic Market Size - Type Segment 2019 - 2023 ($ billion)
Exhibits25: Historic Market Size - End-user Segment 2019 - 2023 ($ billion)
Exhibits26: Five forces analysis - Comparison between 2024 and 2029
Exhibits27: Bargaining power of buyers - Impact of key factors 2024 and 2029
Exhibits28: Bargaining power of suppliers - Impact of key factors in 2024 and 2029
Exhibits29: Threat of new entrants - Impact of key factors in 2024 and 2029
Exhibits30: Threat of substitutes - Impact of key factors in 2024 and 2029
Exhibits31: Threat of rivalry - Impact of key factors in 2024 and 2029
Exhibits32: Chart on Market condition - Five forces 2024 and 2029
Exhibits33: Chart on Sector - Market share 2024-2029 (%)
Exhibits34: Data Table on Sector - Market share 2024-2029 (%)
Exhibits35: Chart on Comparison by Sector
Exhibits36: Data Table on Comparison by Sector
Exhibits37: Chart on Private construction - Market size and forecast 2024-2029 ($ billion)
Exhibits38: Data Table on Private construction - Market size and forecast 2024-2029 ($ billion)
Exhibits39: Chart on Private construction - Year-over-year growth 2024-2029 (%)
Exhibits40: Data Table on Private construction - Year-over-year growth 2024-2029 (%)
Exhibits41: Chart on Public construction - Market size and forecast 2024-2029 ($ billion)
Exhibits42: Data Table on Public construction - Market size and forecast 2024-2029 ($ billion)
Exhibits43: Chart on Public construction - Year-over-year growth 2024-2029 (%)
Exhibits44: Data Table on Public construction - Year-over-year growth 2024-2029 (%)
Exhibits45: Market opportunity by Sector ($ billion)
Exhibits46: Data Table on Market opportunity by Sector ($ billion)
Exhibits47: Chart on Type - Market share 2024-2029 (%)
Exhibits48: Data Table on Type - Market share 2024-2029 (%)
Exhibits49: Chart on Comparison by Type
Exhibits50: Data Table on Comparison by Type
Exhibits51: Chart on Building - Market size and forecast 2024-2029 ($ billion)
Exhibits52: Data Table on Building - Market size and forecast 2024-2029 ($ billion)
Exhibits53: Chart on Building - Year-over-year growth 2024-2029 (%)
Exhibits54: Data Table on Building - Year-over-year growth 2024-2029 (%)
Exhibits55: Chart on Others - Market size and forecast 2024-2029 ($ billion)
Exhibits56: Data Table on Others - Market size and forecast 2024-2029 ($ billion)
Exhibits57: Chart on Others - Year-over-year growth 2024-2029 (%)
Exhibits58: Data Table on Others - Year-over-year growth 2024-2029 (%)
Exhibits59: Market opportunity by Type ($ billion)
Exhibits60: Data Table on Market opportunity by Type ($ billion)
Exhibits61: Chart on End-user - Market share 2024-2029 (%)
Exhibits62: Data Table on End-user - Market share 2024-2029 (%)
Exhibits63: Chart on Comparison by End-user
Exhibits64: Data Table on Comparison by End-user
Exhibits65: Chart on Office buildings - Market size and forecast 2024-2029 ($ billion)
Exhibits66: Data Table on Office buildings - Market size and forecast 2024-2029 ($ billion)
Exhibits67: Chart on Office buildings - Year-over-year growth 2024-2029 (%)
Exhibits68: Data Table on Office buildings - Year-over-year growth 2024-2029 (%)
Exhibits69: Chart on Retail spaces - Market size and forecast 2024-2029 ($ billion)
Exhibits70: Data Table on Retail spaces - Market size and forecast 2024-2029 ($ billion)
Exhibits71: Chart on Retail spaces - Year-over-year growth 2024-2029 (%)
Exhibits72: Data Table on Retail spaces - Year-over-year growth 2024-2029 (%)
Exhibits73: Chart on Hotels and hospitality - Market size and forecast 2024-2029 ($ billion)
Exhibits74: Data Table on Hotels and hospitality - Market size and forecast 2024-2029 ($ billion)
Exhibits75: Chart on Hotels and hospitality - Year-over-year growth 2024-2029 (%)
Exhibits76: Data Table on Hotels and hospitality - Year-over-year growth 2024-2029 (%)
Exhibits77: Chart on Healthcare facilities - Market size and forecast 2024-2029 ($ billion)
Exhibits78: Data Table on Healthcare facilities - Market size and forecast 2024-2029 ($ billion)
Exhibits79: Chart on Healthcare facilities - Year-over-year growth 2024-2029 (%)
Exhibits80: Data Table on Healthcare facilities - Year-over-year growth 2024-2029 (%)
Exhibits81: Chart on Others - Market size and forecast 2024-2029 ($ billion)
Exhibits82: Data Table on Others - Market size and forecast 2024-2029 ($ billion)
Exhibits83: Chart on Others - Year-over-year growth 2024-2029 (%)
Exhibits84: Data Table on Others - Year-over-year growth 2024-2029 (%)
Exhibits85: Market opportunity by End-user ($ billion)
Exhibits86: Data Table on Market opportunity by End-user ($ billion)
Exhibits87: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits88: Impact of drivers and challenges in 2024 and 2029
Exhibits89: Overview on criticality of inputs and factors of differentiation
Exhibits90: Overview on factors of disruption
Exhibits91: Impact of key risks on business
Exhibits92: Companies covered
Exhibits93: Company ranking index
Exhibits94: Matrix on companies position and classification
Exhibits95: ACS Actividades de Construccion Y Servicios SA - Overview
Exhibits96: ACS Actividades de Construccion Y Servicios SA - Business segments
Exhibits97: ACS Actividades de Construccion Y Servicios SA - Key offerings
Exhibits98: ACS Actividades de Construccion Y Servicios SA - Segment focus
Exhibits99: SWOT
Exhibits100: AECOM - Overview
Exhibits101: AECOM - Business segments
Exhibits102: AECOM - Key news
Exhibits103: AECOM - Key offerings
Exhibits104: AECOM - Segment focus
Exhibits105: SWOT
Exhibits106: Bechtel Corp. - Overview
Exhibits107: Bechtel Corp. - Product / Service
Exhibits108: Bechtel Corp. - Key news
Exhibits109: Bechtel Corp. - Key offerings
Exhibits110: SWOT
Exhibits111: Clark Construction Group LLC - Overview
Exhibits112: Clark Construction Group LLC - Product / Service
Exhibits113: Clark Construction Group LLC - Key offerings
Exhibits114: SWOT
Exhibits115: DPR Construction - Overview
Exhibits116: DPR Construction - Product / Service
Exhibits117: DPR Construction - Key offerings
Exhibits118: SWOT
Exhibits119: Ferrovial SA - Overview
Exhibits120: Ferrovial SA - Business segments
Exhibits121: Ferrovial SA - Key offerings
Exhibits122: Ferrovial SA - Segment focus
Exhibits123: SWOT
Exhibits124: Fluor Corp. - Overview
Exhibits125: Fluor Corp. - Business segments
Exhibits126: Fluor Corp. - Key news
Exhibits127: Fluor Corp. - Key offerings
Exhibits128: Fluor Corp. - Segment focus
Exhibits129: SWOT
Exhibits130: Gilbane Inc. - Overview
Exhibits131: Gilbane Inc. - Product / Service
Exhibits132: Gilbane Inc. - Key offerings
Exhibits133: SWOT
Exhibits134: HOCHTIEF AG - Overview
Exhibits135: HOCHTIEF AG - Business segments
Exhibits136: HOCHTIEF AG - Key offerings
Exhibits137: HOCHTIEF AG - Segment focus
Exhibits138: SWOT
Exhibits139: Kiewit Corp. - Overview
Exhibits140: Kiewit Corp. - Product / Service
Exhibits141: Kiewit Corp. - Key offerings
Exhibits142: SWOT
Exhibits143: Parsons Corp. - Overview
Exhibits144: Parsons Corp. - Business segments
Exhibits145: Parsons Corp. - Key offerings
Exhibits146: Parsons Corp. - Segment focus
Exhibits147: SWOT
Exhibits148: Skanska AB - Overview
Exhibits149: Skanska AB - Business segments
Exhibits150: Skanska AB - Key offerings
Exhibits151: Skanska AB - Segment focus
Exhibits152: SWOT
Exhibits153: STO Building Group - Overview
Exhibits154: STO Building Group - Product / Service
Exhibits155: STO Building Group - Key offerings
Exhibits156: SWOT
Exhibits157: The Walsh Group - Overview
Exhibits158: The Walsh Group - Product / Service
Exhibits159: The Walsh Group - Key offerings
Exhibits160: SWOT
Exhibits161: Tutor Perini Corp. - Overview
Exhibits162: Tutor Perini Corp. - Business segments
Exhibits163: Tutor Perini Corp. - Key offerings
Exhibits164: Tutor Perini Corp. - Segment focus
Exhibits165: SWOT
Exhibits166: Inclusions checklist
Exhibits167: Exclusions checklist
Exhibits168: Currency conversion rates for US$
Exhibits169: Research methodology
Exhibits170: Information sources
Exhibits171: Data validation
Exhibits172: Validation techniques employed for market sizing
Exhibits173: Data synthesis
Exhibits174: 360 degree market analysis
Exhibits175: List of abbreviations

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook
Cookie Settings