Construction Market in US 2025-2029

Construction Market In US 2025-2029

The construction market in us is forecasted to grow by USD 668.3 bn during 2024-2029, accelerating at a CAGR of 5.5% during the forecast period. The report on the 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 population growth and urbanization, government infrastructure spending, and economic expansion and private investment.

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 construction market in us is segmented as below:

By Type

  • Residential construction
  • Commercial construction
  • Infrastructure construction
  • Industrial construction
By Product Type
  • Buildings
  • Engineering
By Modality
  • Private
  • Public
By Geographical Landscape
  • North America
This study identifies the sustainability and green building practices as one of the prime reasons driving the construction market in us growth during the next few years. Also, integration of bim into construction sector and focus on modular and prefabricated construction will lead to sizable demand in the market.

The report on the construction market in us covers the following areas:
  • Construction Market in US sizing
  • Construction Market in US forecast
  • 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 construction market in us vendors that include AECOM, Balfour Beatty Plc, Bechtel Corp., Bouygues Construction SA, Clark Construction Group LLC, DPR Construction, Fluor Corp., Gilbane Inc., Kiewit Corp., M. A. Mortenson Co., MasTec Inc., McCarthy Building Companies Inc., McDermott International Ltd., PCL Constructors Inc., Skanska AB, STO Building Group, The Whiting Turner Contracting Co., Turner Construction Co., Tutor Perini Corp., and Vinci. Also, the 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 Type
Executive Summary - Chart on Market Segmentation by Product Type
Executive Summary - Chart on Market Segmentation by Modality
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 Construction Market in US 2019 - 2023
Historic Market Size - Data Table on Construction Market in US 2019 - 2023 ($ billion)
5.2 Type segment analysis 2019 - 2023
Historic Market Size - Type Segment 2019 - 2023 ($ billion)
5.3 Product Type segment analysis 2019 - 2023
Historic Market Size - Product Type Segment 2019 - 2023 ($ billion)
5.4 Modality segment analysis 2019 - 2023
Historic Market Size - Modality Segment 2019 - 2023 ($ billion)
6 Qualitative Analysis
6.1 AI Impact on 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 Type
8.1 Market segments
Chart on Type - Market share 2024-2029 (%)
Data Table on Type - Market share 2024-2029 (%)
8.2 Comparison by Type
Chart on Comparison by Type
Data Table on Comparison by Type
8.3 Residential construction - Market size and forecast 2024-2029
Chart on Residential construction - Market size and forecast 2024-2029 ($ billion)
Data Table on Residential construction - Market size and forecast 2024-2029 ($ billion)
Chart on Residential construction - Year-over-year growth 2024-2029 (%)
Data Table on Residential construction - Year-over-year growth 2024-2029 (%)
8.4 Commercial construction - Market size and forecast 2024-2029
Chart on Commercial construction - Market size and forecast 2024-2029 ($ billion)
Data Table on Commercial construction - Market size and forecast 2024-2029 ($ billion)
Chart on Commercial construction - Year-over-year growth 2024-2029 (%)
Data Table on Commercial construction - Year-over-year growth 2024-2029 (%)
8.5 Infrastructure construction - Market size and forecast 2024-2029
Chart on Infrastructure construction - Market size and forecast 2024-2029 ($ billion)
Data Table on Infrastructure construction - Market size and forecast 2024-2029 ($ billion)
Chart on Infrastructure construction - Year-over-year growth 2024-2029 (%)
Data Table on Infrastructure construction - Year-over-year growth 2024-2029 (%)
8.6 Industrial construction - Market size and forecast 2024-2029
Chart on Industrial construction - Market size and forecast 2024-2029 ($ billion)
Data Table on Industrial construction - Market size and forecast 2024-2029 ($ billion)
Chart on Industrial construction - Year-over-year growth 2024-2029 (%)
Data Table on Industrial construction - Year-over-year growth 2024-2029 (%)
8.7 Market opportunity by Type
Market opportunity by Type ($ billion)
Data Table on Market opportunity by Type ($ billion)
9 Market Segmentation by Product Type
9.1 Market segments
Chart on Product Type - Market share 2024-2029 (%)
Data Table on Product Type - Market share 2024-2029 (%)
9.2 Comparison by Product Type
Chart on Comparison by Product Type
Data Table on Comparison by Product Type
9.3 Buildings - Market size and forecast 2024-2029
Chart on Buildings - Market size and forecast 2024-2029 ($ billion)
Data Table on Buildings - Market size and forecast 2024-2029 ($ billion)
Chart on Buildings - Year-over-year growth 2024-2029 (%)
Data Table on Buildings - Year-over-year growth 2024-2029 (%)
9.4 Engineering - Market size and forecast 2024-2029
Chart on Engineering - Market size and forecast 2024-2029 ($ billion)
Data Table on Engineering - Market size and forecast 2024-2029 ($ billion)
Chart on Engineering - Year-over-year growth 2024-2029 (%)
Data Table on Engineering - Year-over-year growth 2024-2029 (%)
9.5 Market opportunity by Product Type
Market opportunity by Product Type ($ billion)
Data Table on Market opportunity by Product Type ($ billion)
10 Market Segmentation by Modality
10.1 Market segments
Chart on Modality - Market share 2024-2029 (%)
Data Table on Modality - Market share 2024-2029 (%)
10.2 Comparison by Modality
Chart on Comparison by Modality
Data Table on Comparison by Modality
10.3 Private - Market size and forecast 2024-2029
Chart on Private - Market size and forecast 2024-2029 ($ billion)
Data Table on Private - Market size and forecast 2024-2029 ($ billion)
Chart on Private - Year-over-year growth 2024-2029 (%)
Data Table on Private - Year-over-year growth 2024-2029 (%)
10.4 Public - Market size and forecast 2024-2029
Chart on Public - Market size and forecast 2024-2029 ($ billion)
Data Table on Public - Market size and forecast 2024-2029 ($ billion)
Chart on Public - Year-over-year growth 2024-2029 (%)
Data Table on Public - Year-over-year growth 2024-2029 (%)
10.5 Market opportunity by Modality
Market opportunity by Modality ($ billion)
Data Table on Market opportunity by Modality ($ 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 AECOM
AECOM - Overview
AECOM - Business segments
AECOM - Key news
AECOM - Key offerings
AECOM - Segment focus
SWOT
14.5 Balfour Beatty Plc
Balfour Beatty Plc - Overview
Balfour Beatty Plc - Business segments
Balfour Beatty Plc - Key offerings
Balfour Beatty Plc - 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 Bouygues Construction SA
Bouygues Construction SA - Overview
Bouygues Construction SA - Product / Service
Bouygues Construction SA - Key offerings
SWOT
14.8 Clark Construction Group LLC
Clark Construction Group LLC - Overview
Clark Construction Group LLC - Product / Service
Clark Construction Group LLC - Key offerings
SWOT
14.9 DPR Construction
DPR Construction - Overview
DPR Construction - Product / Service
DPR Construction - Key offerings
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 Kiewit Corp.
Kiewit Corp. - Overview
Kiewit Corp. - Product / Service
Kiewit Corp. - Key offerings
SWOT
14.12 MasTec Inc.
MasTec Inc. - Overview
MasTec Inc. - Business segments
MasTec Inc. - Key offerings
MasTec Inc. - Segment focus
SWOT
14.13 PCL Constructors Inc.
PCL Constructors Inc. - Overview
PCL Constructors Inc. - Product / Service
PCL Constructors Inc. - Key offerings
SWOT
14.14 Skanska AB
Skanska AB - Overview
Skanska AB - Business segments
Skanska AB - Key offerings
Skanska AB - Segment focus
SWOT
14.15 STO Building Group
STO Building Group - Overview
STO Building Group - Product / Service
STO Building Group - Key offerings
SWOT
14.16 Turner Construction Co.
Turner Construction Co. - Overview
Turner Construction Co. - Product / Service
Turner Construction Co. - Key offerings
SWOT
14.17 Tutor Perini Corp.
Tutor Perini Corp. - Overview
Tutor Perini Corp. - Business segments
Tutor Perini Corp. - Key offerings
Tutor Perini Corp. - Segment focus
SWOT
14.18 Vinci
Vinci - Overview
Vinci - Business segments
Vinci - Key offerings
Vinci - 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 Type
Exhibits5: Executive Summary - Chart on Market Segmentation by Product Type
Exhibits6: Executive Summary - Chart on Market Segmentation by Modality
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 Construction Market in US 2019 - 2023 ($ billion)
Exhibits23: Historic Market Size - Type Segment 2019 - 2023 ($ billion)
Exhibits24: Historic Market Size - Product Type Segment 2019 - 2023 ($ billion)
Exhibits25: Historic Market Size - Modality 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 Type - Market share 2024-2029 (%)
Exhibits34: Data Table on Type - Market share 2024-2029 (%)
Exhibits35: Chart on Comparison by Type
Exhibits36: Data Table on Comparison by Type
Exhibits37: Chart on Residential construction - Market size and forecast 2024-2029 ($ billion)
Exhibits38: Data Table on Residential construction - Market size and forecast 2024-2029 ($ billion)
Exhibits39: Chart on Residential construction - Year-over-year growth 2024-2029 (%)
Exhibits40: Data Table on Residential construction - Year-over-year growth 2024-2029 (%)
Exhibits41: Chart on Commercial construction - Market size and forecast 2024-2029 ($ billion)
Exhibits42: Data Table on Commercial construction - Market size and forecast 2024-2029 ($ billion)
Exhibits43: Chart on Commercial construction - Year-over-year growth 2024-2029 (%)
Exhibits44: Data Table on Commercial construction - Year-over-year growth 2024-2029 (%)
Exhibits45: Chart on Infrastructure construction - Market size and forecast 2024-2029 ($ billion)
Exhibits46: Data Table on Infrastructure construction - Market size and forecast 2024-2029 ($ billion)
Exhibits47: Chart on Infrastructure construction - Year-over-year growth 2024-2029 (%)
Exhibits48: Data Table on Infrastructure construction - Year-over-year growth 2024-2029 (%)
Exhibits49: Chart on Industrial construction - Market size and forecast 2024-2029 ($ billion)
Exhibits50: Data Table on Industrial construction - Market size and forecast 2024-2029 ($ billion)
Exhibits51: Chart on Industrial construction - Year-over-year growth 2024-2029 (%)
Exhibits52: Data Table on Industrial construction - Year-over-year growth 2024-2029 (%)
Exhibits53: Market opportunity by Type ($ billion)
Exhibits54: Data Table on Market opportunity by Type ($ billion)
Exhibits55: Chart on Product Type - Market share 2024-2029 (%)
Exhibits56: Data Table on Product Type - Market share 2024-2029 (%)
Exhibits57: Chart on Comparison by Product Type
Exhibits58: Data Table on Comparison by Product Type
Exhibits59: Chart on Buildings - Market size and forecast 2024-2029 ($ billion)
Exhibits60: Data Table on Buildings - Market size and forecast 2024-2029 ($ billion)
Exhibits61: Chart on Buildings - Year-over-year growth 2024-2029 (%)
Exhibits62: Data Table on Buildings - Year-over-year growth 2024-2029 (%)
Exhibits63: Chart on Engineering - Market size and forecast 2024-2029 ($ billion)
Exhibits64: Data Table on Engineering - Market size and forecast 2024-2029 ($ billion)
Exhibits65: Chart on Engineering - Year-over-year growth 2024-2029 (%)
Exhibits66: Data Table on Engineering - Year-over-year growth 2024-2029 (%)
Exhibits67: Market opportunity by Product Type ($ billion)
Exhibits68: Data Table on Market opportunity by Product Type ($ billion)
Exhibits69: Chart on Modality - Market share 2024-2029 (%)
Exhibits70: Data Table on Modality - Market share 2024-2029 (%)
Exhibits71: Chart on Comparison by Modality
Exhibits72: Data Table on Comparison by Modality
Exhibits73: Chart on Private - Market size and forecast 2024-2029 ($ billion)
Exhibits74: Data Table on Private - Market size and forecast 2024-2029 ($ billion)
Exhibits75: Chart on Private - Year-over-year growth 2024-2029 (%)
Exhibits76: Data Table on Private - Year-over-year growth 2024-2029 (%)
Exhibits77: Chart on Public - Market size and forecast 2024-2029 ($ billion)
Exhibits78: Data Table on Public - Market size and forecast 2024-2029 ($ billion)
Exhibits79: Chart on Public - Year-over-year growth 2024-2029 (%)
Exhibits80: Data Table on Public - Year-over-year growth 2024-2029 (%)
Exhibits81: Market opportunity by Modality ($ billion)
Exhibits82: Data Table on Market opportunity by Modality ($ billion)
Exhibits83: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits84: Impact of drivers and challenges in 2024 and 2029
Exhibits85: Overview on criticality of inputs and factors of differentiation
Exhibits86: Overview on factors of disruption
Exhibits87: Impact of key risks on business
Exhibits88: Companies covered
Exhibits89: Company ranking index
Exhibits90: Matrix on companies position and classification
Exhibits91: AECOM - Overview
Exhibits92: AECOM - Business segments
Exhibits93: AECOM - Key news
Exhibits94: AECOM - Key offerings
Exhibits95: AECOM - Segment focus
Exhibits96: SWOT
Exhibits97: Balfour Beatty Plc - Overview
Exhibits98: Balfour Beatty Plc - Business segments
Exhibits99: Balfour Beatty Plc - Key offerings
Exhibits100: Balfour Beatty Plc - Segment focus
Exhibits101: SWOT
Exhibits102: Bechtel Corp. - Overview
Exhibits103: Bechtel Corp. - Product / Service
Exhibits104: Bechtel Corp. - Key news
Exhibits105: Bechtel Corp. - Key offerings
Exhibits106: SWOT
Exhibits107: Bouygues Construction SA - Overview
Exhibits108: Bouygues Construction SA - Product / Service
Exhibits109: Bouygues Construction SA - 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: Fluor Corp. - Overview
Exhibits120: Fluor Corp. - Business segments
Exhibits121: Fluor Corp. - Key news
Exhibits122: Fluor Corp. - Key offerings
Exhibits123: Fluor Corp. - Segment focus
Exhibits124: SWOT
Exhibits125: Kiewit Corp. - Overview
Exhibits126: Kiewit Corp. - Product / Service
Exhibits127: Kiewit Corp. - Key offerings
Exhibits128: SWOT
Exhibits129: MasTec Inc. - Overview
Exhibits130: MasTec Inc. - Business segments
Exhibits131: MasTec Inc. - Key offerings
Exhibits132: MasTec Inc. - Segment focus
Exhibits133: SWOT
Exhibits134: PCL Constructors Inc. - Overview
Exhibits135: PCL Constructors Inc. - Product / Service
Exhibits136: PCL Constructors Inc. - Key offerings
Exhibits137: SWOT
Exhibits138: Skanska AB - Overview
Exhibits139: Skanska AB - Business segments
Exhibits140: Skanska AB - Key offerings
Exhibits141: Skanska AB - Segment focus
Exhibits142: SWOT
Exhibits143: STO Building Group - Overview
Exhibits144: STO Building Group - Product / Service
Exhibits145: STO Building Group - Key offerings
Exhibits146: SWOT
Exhibits147: Turner Construction Co. - Overview
Exhibits148: Turner Construction Co. - Product / Service
Exhibits149: Turner Construction Co. - Key offerings

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