Backed by market attractiveness analysis, total addressable market sizing, company benchmarking matrices, interactive Excel dashboards, wider supply chain intelligence, emerging startup coverage, and detailed product-level insights, The Business Research Company’s 2026 market reports are designed to offer research that is more actionable and strategically valuable than ever.
#Buildings Construction Market Value Analysis: What Growth Lies Ahead Over The Forecast Period?#_x000D_
The market for building construction has experienced consistent expansion over recent years. Projections indicate an increase from $7592.63 billion in 2025 to $7939.09 billion by 2026, demonstrating a compound annual growth rate (CAGR) of 4.6%. Historically, this growth is primarily linked to factors such as accelerating urbanization, robust demand for housing, heightened government investment in infrastructure, the broadening of commercial real estate, and enhanced access to construction technologies._x000D_
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The buildings construction market is projected for significant expansion in the coming years, with its size anticipated to reach $9992.67 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 5.9%. This growth during the forecast period is propelled by factors such as the increasing utilization of modular and prefabricated structures, a heightened emphasis on energy-efficient buildings, the greater uptake of digital tools for construction management, the spread of mixed-use developments, and the deeper integration of smart building technologies. Key developments expected in this period encompass a surging demand for extensive construction initiatives, the growing embrace of modular building techniques, the development of urban residential complexes, a sharper focus on green building certifications, and an expansion in commercial and institutional construction._x000D_
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#Buildings Construction Market Growth Drivers: What’s Behind The Acceleration?#_x000D_
The increasing need for housing developments is projected to boost the expansion of the building construction market. These developments involve various construction efforts aimed at creating residential areas, such as individual houses, multiple-unit housing complexes, and high-rise apartment structures. To illustrate, in 2024, data from the National Association of Home Builders, a US-based trade association for the home building sector, specifically the Survey of Construction (SOC) 2024, indicated that 1,009,315 new single-family housing units commenced construction throughout the United States. This marked a 7% rise compared to the figures from 2023. Consequently, the heightened demand for residential initiatives is anticipated to fuel the growth within the building construction market._x000D_
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#Buildings Construction Market Segment Analysis Spotlighting Growth Areas#_x000D_
The buildings construction market covered in this report is segmented – _x000D_
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1) By Type: Residential Building Construction, Nonresidential Building Construction _x000D_
2) By Building Type: Smart Buildings, Traditional Buildings _x000D_
3) By End User Sector: Private, Public _x000D_
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Subsegments:_x000D_
1) By Residential Building Construction: Single-Family Housing Construction, Multi-Family Housing Construction, Manufactured (Mobile) Home Construction, Other Residential Building Construction _x000D_
2) By Nonresidential Building Construction: Commercial And Institutional Building Construction, Industrial Building Construction, Agricultural Building Construction, Other Nonresidential Building Construction_x000D_
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#Buildings Construction Market Trends: What’s Defining The Industry’s Next Phase?#_x000D_
Leading firms in the building construction sector are concentrating on creating novel solutions, including building construction excavators, with the goals of boosting productivity, improving worksite safety, and lowering operational expenses. These excavators are defined as robust machinery tailored for digging and soil movement activities within construction endeavors. As an illustration, KOBELCO Construction Machinery Co., Ltd., a Japanese manufacturer of construction equipment, introduced the SK80 excavator in September 2024, intending to elevate project productivity and operational efficiency. The new model incorporates sophisticated features like a potent engine, an upgraded hydraulic system, and superior comfort for operators. The SK80 seeks to address the increasing need for compact but robust excavators within the Indian market, thus making it apt for diverse uses, such as urban development and infrastructure initiatives._x000D_
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#Buildings Construction Market Leading Companies: Who Holds The Strongest Market Presence?#_x000D_
Major companies operating in the buildings construction market are China State Construction Engineering Corporation Ltd, China Evergrande Group, Country Garden Holdings Co Ltd, Sunac China Holdings Ltd, Greenland Holding Group, Daiwa House Group, Lennar Corporation, D.R. Horton Inc, Bouygues SA, The Metallurgical Corp of China, China Railway Group Limited, Bechtel, Fluor Corporation, The Whiting-Turner Contracting Company, Emcor Group, Turner Construction, Kiewit Corporation, STO Building Group Inc., AECOM, DPR Construction, Gilbane Building Company, Tutor Perini Corporation, Clark Construction Group LLC, Skanska USA, PCL Construction Enterprises Inc., McCarthy Holdings Inc., Hensel Phelps, Ryan Companies US Inc., Swinerton, Balfour Beatty US, The Boldt Company, JE Dunn Construction Group Inc., The Walsh Group Ltd., Mortenson, The Industrial Company, Webcor Construction, TDIndustries, The Haskell Company, KCI Technologies, Crossland Construction Company, Consigli Building Group Inc. _x000D_
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#Buildings Construction Market Largest Region: Which Geography Holds The Biggest Share?#_x000D_
Asia-Pacific was the largest region in the building construction market in 2025. North America was the second-largest region in the building construction market. The regions covered in the buildings construction market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa._x000D_
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Wasay has over a decade of experience in market research, data modelling, and analytics, with prior experience at GlobalData and Decision Tree Consulting Services. At The Business Research Company , he leads research operations across syndicated studies, customized consulting engagements, and the Global Market Model platform. His professional experience includes supporting organizations such as Boston Consulting Group, KPMG, and Ernst & Young. Wasay holds a degree in Electronics and Communications Engineering, postgraduate management qualifications from International Management Institute Belgium and Indian School of Business and Entrepreneurship, and completed the Integrated Program in Business Analytics from Indian Institute of Management Indore.
