Global Market Insights has released a new research study on Civil Engineering market Analysis 2019-2024 inclusive of one or more factors covering regional opportunities, application landscape, product demand trends, and end-use portfolio of the industry over the forecast timeframe. The report also outlines the competitive framework of the Civil Engineering industry detailing the SWOT analysis and market share dominance of the prominent players.
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Shifting consumer trends toward zero-energy housing coupled with the development of insulating homes equipped with double skin facade and the integration of PV panels will provide a positive scope for business expansion. The rapid emergence of sustainable urban infrastructure development owing to the explosive population growth globally will provide a strong outlook for the civil engineering market size.
In addition, steady improvements and developments in unique architectural designs owing to increasing renovation trends among consumers will propel the industry share over the forecast timeframe.
The incorporation of new & sustainable solutions along with rapid innovations to meet the efficiency, durability, and environmental requirements will provide a strong outlook for business expansion.
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Significant financial benefits provided by government bodies in several developing economies including India and Saudi Arabia for encouraging regional developments via construction and infrastructural growth will boost the civil engineering market size. Favorable government policies & regulations pertaining to the reduction of carbon and VOC emissions in several construction processes will boost the market share over the projected timeframe.
Significant R&D investments made by the leading market players owing to intense competition in the industry will provide a strong business outlook. The rising prominence of robots in the construction industry for taking up mundane tasks will enhance worker safety, overall productivity, and lower operating costs, thereby boosting the industry share.
Furthermore, the rapid eminence of automated machine guidance systems for keeping a track on benefits of high ROI will eliminate the requirement for dedicated on-site staff, thereby promulgating the civil engineering market size.
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Increasing government spending on the major infrastructure projects in developing regions including Asia Pacific and the Middle East & Africa will augment the civil engineering market growth. For instance, Australia’s budget 2017-2018 committed a funding of USD 700 million for the development of METRONET rail project.
Increasing demand for new public construction projects including airports & seaports, oil & gas facilities, and power plants will drive the segment growth.
Asia Pacific will observe the fastest growth at over 5% CAGR in the overall civil engineering market due to the growing population along with the expansion in construction sector. Favorable government initiatives & spending on mega projects in the major metropolitan cities across the region will enhance the industry landscape.
Increasing demand for construction activities accompanied by low-cost labor, vigorous disposable income growth, and constant policy support will provide a strong outlook for business expansion.
The major players in Civil Engineering Market are AECOM, HILL Companies Ltd., Hochtief Ag, Technip, Galfar Engineering & Contracting SAOG, HDR, Vinci Construction, Royal BAM Group NV, Jacobs Engineering Group, Hyundai Engineering & Construction Co., Ltd., and Fluor Corporation. The other notable participants are ACS Actividades de Construcción y Servicios S.A., Skanska, Balfour Beatty PLC, Bouygues Construction SA, and Construtora Norberto Odebrecht S.A.
The industry participants are entering into strategic partnerships and joint ventures for increasing their revenue generation opportunities. For instance, in February 2019, AECOM announced a joint venture with Canyon Partners for developing large-scale commercial real estate projects.
Partial Chapter of the Table of Content
Chapter 2. Executive Summary
2.1. Civil engineering industry 3600 synopsis, 2013 - 2025
2.1.1. Business trends
2.1.2. Customer group trends
2.1.3. Application trends
2.1.4. Regional trends
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Chapter 3. Civil Engineering Industry Insights
3.1. Industry segmentation
3.2. Industry landscape, 2013 - 2025
3.3. Industry ecosystem analysis
3.3.1. Services provided by the key companies
188.8.131.52. CAD conversion
184.108.40.206. Construction drawing solutions
220.127.116.11. HVAC design
18.104.22.168. Geospatial solutions
3.3.2. Materials and components
22.214.171.124. Construction equipment manufacturing
126.96.36.199. Construction equipment repair/rentals
188.8.131.52. Construction material wholesale
3.3.3. Construction & installation
184.108.40.206. Heavy & civil engineering contractors
220.127.116.11. Specialty trade contractors
3.3.4. End user
3.3.5. Vendor matrix
3.4. Technology Landscape
3.5. Regulatory landscape
3.5.1. North America
3.5.3. Asia Pacific
3.5.4. Latin America
3.6. Pricing analysis
3.6.1. By region
18.104.22.168. North America
22.214.171.124. Asia Pacific
126.96.36.199. Latin America
3.6.2. Cost structure analysis
3.7. Industry impact forces
3.7.1. Growth drivers
188.8.131.52. Companies as the spearhead of transformation
184.108.40.206. Government regulations & policies supporting civil engineering market growth
220.127.116.11. Rapid expansion of smart cities across the globe
3.7.2. Industry pitfalls & challenges
18.104.22.168. Low adoption rates of the advanced solutions
3.8. Innovation & sustainability
3.9. Growth potential analysis, 2018
3.10. Competitive landscape, 2018
3.10.1. Top players overview
3.10.2. Key stakeholders
3.10.3. Strategy dashboard
3.11. Porter's analysis
3.12. PESTEL analysis
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