United States Non-Residential Construction Market Summary, Competitive Analysis and Forecast, 2017-2026
Summary
Non-Residential Construction in the United States industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2017-21, and forecast to 2026). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The non-residential construction market is defined as the value of work put in place annually for non-residential buildings. The five included segments are commercial construction, industrial construction, infrastructure construction, energy and utilities construction and institutional construction. Market value is defined as the output value of construction activity in any given time period, including costs related to construction materials, equipment and services in new construction, refurbishment, repair and maintenance and demolition. All market data and forecasts are represented in nominal terms (i.e., without adjustment for inflation) and all currency conversions used in the creation of this report have been calculated using constant 2021 annual average exchange rates.
- The US non-residential construction sector had total revenues of $977.0 billion in 2021, representing a compound annual growth rate (CAGR) of 2.1% between 2016 and 2021.
- The commercial construction segment was the sector's most lucrative in 2021, with total revenues of $264.4 billion, equivalent to 27.1% of the sector's overall value.
- The value of the US non-residential construction sector declined by 3.2% in 2021.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the non-residential construction market in the United States
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the non-residential construction market in the United States
- Leading company profiles reveal details of key non-residential construction market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the United States non-residential construction market with five year forecasts by both value and volume
- What was the size of the United States non-residential construction market by value in 2021?
- What will be the size of the United States non-residential construction market in 2026?
- What factors are affecting the strength of competition in the United States non-residential construction market?
- How has the market performed over the last five years?
- Who are the top competitors in the United State's non-residential construction market?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Category segmentation
- 1.4. Geography segmentation
- 1.5. Market rivalry
- 1.6. Competitive Landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 5 Market Outlook
- 5.1. Market value forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Who are the leading players?
- 7.2. What are the strategies of leading players?
- 7.3. What were the most significant recent developments?
- 7.4. What is the most emerging opportunity for leading players in the US market?
- 8 Company Profiles
- 8.1. Bechtel Corp
- 8.2. Turner Construction Co
- 8.3. AECOM
- 8.4. Fluor Corporation
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: United States non-residential construction sector value: $ billion, 2017-21
- Table 2: United States non-residential construction sector category segmentation: $ billion, 2021
- Table 3: United States non-residential construction sector geography segmentation: $ billion, 2021
- Table 4: United States non-residential construction sector value forecast: $ billion, 2021-26
- Table 5: Bechtel Corp: key facts
- Table 6: Bechtel Corp: Key Employees
- Table 7: Bechtel Corp: Key Employees Continued
- Table 8: Turner Construction Co: key facts
- Table 9: Turner Construction Co: Key Employees
- Table 10: Turner Construction Co: Key Employees Continued
- Table 11: Turner Construction Co: Key Employees Continued
- Table 12: Turner Construction Co: Key Employees Continued
- Table 13: AECOM: key facts
- Table 14: AECOM: Annual Financial Ratios
- Table 15: AECOM: Key Employees
- Table 16: AECOM: Key Employees Continued
- Table 17: Fluor Corporation: key facts
- Table 18: Fluor Corporation: Annual Financial Ratios
- Table 19: Fluor Corporation: Key Employees
- Table 20: Fluor Corporation: Key Employees Continued
- Table 21: United States size of population (million), 2017-21
- Table 22: United States gdp (constant 2005 prices, $ billion), 2017-21
- Table 23: United States gdp (current prices, $ billion), 2017-21
- Table 24: United States inflation, 2017-21
- Table 25: United States consumer price index (absolute), 2017-21
- Table 26: United States exchange rate, 2017-21
- List of Figures
- Figure 1: United States non-residential construction sector value: $ billion, 2017-21
- Figure 2: United States non-residential construction sector category segmentation: % share, by value, 2021
- Figure 3: United States non-residential construction sector geography segmentation: % share, by value, 2021
- Figure 4: United States non-residential construction sector value forecast: $ billion, 2021-26
- Figure 5: Forces driving competition in the non-residential construction sector in the United States, 2021
- Figure 6: Drivers of buyer power in the non-residential construction sector in the United States, 2021
- Figure 7: Drivers of supplier power in the non-residential construction sector in the United States, 2021
- Figure 8: Factors influencing the likelihood of new entrants in the non-residential construction sector in the United States, 2021
- Figure 9: Factors influencing the threat of substitutes in the non-residential construction sector in the United States, 2021
- Figure 10: Drivers of degree of rivalry in the non-residential construction sector in the United States, 2021
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