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Commercial Construction Market in US 2024-2028

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    Report

  • 124 Pages
  • September 2024
  • Region: United States
  • TechNavio
  • ID: 5712832
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The commercial construction market in US is forecast to grow by $107.69 billion during 2022-2027, accelerating at a CAGR of 1.62% 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 an increase in the construction of green buildings, expanding manufacturing and distribution facilities in the US, and the booming real estate sector in the US.

The commercial construction market in US is segmented as below:

By Sector

  • Private construction
  • Public construction

By Type

  • Building
  • Others
This study identifies the emergence of smart cities as one of the prime reasons driving the commercial construction market growth during the next few years. Also, the 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 sizing
  • Commercial construction market forecast
  • Commercial construction market industry analysis
A robust vendor analysis within the report 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 vendors that include 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 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 and vendor landscape in addition to an analysis of the key vendors.

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 research - both primary and secondary. 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.

Table of Contents

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 Company Market Positioning
2 Market Landscape
2.1 Market ecosystem
  • Parent Market
  • Data Table on - Parent Market
2.2 Market characteristics
  • Market characteristics analysis
2.3 Value chain analysis
  • Value Chain Analysis
3 Market Sizing
3.1 Market definition
  • Offerings of companies included in the market definition
3.2 Market segment analysis
  • Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
  • Chart on US - Market size and forecast 2023-2028 ($ billion)
  • Data Table on US - Market size and forecast 2023-2028 ($ billion)
  • Chart on US: Year-over-year growth 2023-2028 (%)
  • Data Table on US: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
4.1 Commercial Construction Market in US 2018 - 2022
  • Historic Market Size - Data Table on Commercial Construction Market in US 2018 - 2022 ($ billion)
4.2 Sector segment analysis 2018 - 2022
  • Historic Market Size - Sector Segment 2018 - 2022 ($ billion)
4.3 Type segment analysis 2018 - 2022
  • Historic Market Size - Type Segment 2018 - 2022 ($ billion)
5 Five Forces Analysis
5.1 Five forces summary
  • Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
  • Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
  • Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
  • Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
  • Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
  • Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
  • Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by Sector
6.1 Market segments
  • Chart on Sector - Market share 2023-2028 (%)
  • Data Table on Sector - Market share 2023-2028 (%)
6.2 Comparison by Sector
  • Chart on Comparison by Sector
  • Data Table on Comparison by Sector
6.3 Private construction - Market size and forecast 2023-2028
  • Chart on Private construction - Market size and forecast 2023-2028 ($ billion)
  • Data Table on Private construction - Market size and forecast 2023-2028 ($ billion)
  • Chart on Private construction - Year-over-year growth 2023-2028 (%)
  • Data Table on Private construction - Year-over-year growth 2023-2028 (%)
6.4 Public construction - Market size and forecast 2023-2028
  • Chart on Public construction - Market size and forecast 2023-2028 ($ billion)
  • Data Table on Public construction - Market size and forecast 2023-2028 ($ billion)
  • Chart on Public construction - Year-over-year growth 2023-2028 (%)
  • Data Table on Public construction - Year-over-year growth 2023-2028 (%)
6.5 Market opportunity by Sector
  • Market opportunity by Sector ($ billion)
  • Data Table on Market opportunity by Sector ($ billion)
7 Market Segmentation by Type
7.1 Market segments
  • Chart on Type - Market share 2023-2028 (%)
  • Data Table on Type - Market share 2023-2028 (%)
7.2 Comparison by Type
  • Chart on Comparison by Type
  • Data Table on Comparison by Type
7.3 Building - Market size and forecast 2023-2028
  • Chart on Building - Market size and forecast 2023-2028 ($ billion)
  • Data Table on Building - Market size and forecast 2023-2028 ($ billion)
  • Chart on Building - Year-over-year growth 2023-2028 (%)
  • Data Table on Building - Year-over-year growth 2023-2028 (%)
7.4 Others - Market size and forecast 2023-2028
  • Chart on Others - Market size and forecast 2023-2028 ($ billion)
  • Data Table on Others - Market size and forecast 2023-2028 ($ billion)
  • Chart on Others - Year-over-year growth 2023-2028 (%)
  • Data Table on Others - Year-over-year growth 2023-2028 (%)
7.5 Market opportunity by Type
  • Market opportunity by Type ($ billion)
  • Data Table on Market opportunity by Type ($ billion)
8 Customer Landscape
8.1 Customer landscape overview
  • Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Drivers, Challenges, and Opportunity/Restraints
9.1 Market drivers
9.2 Market challenges
9.3 Impact of drivers and challenges
  • Impact of drivers and challenges in 2023 and 2028
9.4 Market opportunities/restraints
10 Competitive Landscape
10.1 Overview
10.2 Competitive Landscape
  • Overview on criticality of inputs and factors of differentiation
10.3 Landscape disruption
  • Overview on factors of disruption
10.4 Industry risks
  • Impact of key risks on business
11 Competitive Analysis
11.1 Companies profiled
  • Companies covered
11.2 Market positioning of companies
  • Matrix on companies position and classification
11.3 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
11.4 AECOM
  • AECOM - Overview
  • AECOM - Business segments
  • AECOM - Key news
  • AECOM - Key offerings
  • AECOM - Segment focus
11.5 Bechtel Corp.
  • Bechtel Corp. - Overview
  • Bechtel Corp. - Product / Service
  • Bechtel Corp. - Key news
  • Bechtel Corp. - Key offerings
11.6 Clark Construction Group LLC
  • Clark Construction Group LLC - Overview
  • Clark Construction Group LLC - Product / Service
  • Clark Construction Group LLC - Key offerings
11.7 DPR Construction
  • DPR Construction - Overview
  • DPR Construction - Product / Service
  • DPR Construction - Key offerings
11.8 Ferrovial SA
  • Ferrovial SA - Overview
  • Ferrovial SA - Business segments
  • Ferrovial SA - Key offerings
  • Ferrovial SA - Segment focus
11.9 Fluor Corp.
  • Fluor Corp. - Overview
  • Fluor Corp. - Business segments
  • Fluor Corp. - Key news
  • Fluor Corp. - Key offerings
  • Fluor Corp. - Segment focus
11.10 Gilbane Inc.
  • Gilbane Inc. - Overview
  • Gilbane Inc. - Product / Service
  • Gilbane Inc. - Key offerings
11.11 HOCHTIEF AG
  • HOCHTIEF AG - Overview
  • HOCHTIEF AG - Business segments
  • HOCHTIEF AG - Key offerings
  • HOCHTIEF AG - Segment focus
11.12 Kiewit Corp.
  • Kiewit Corp. - Overview
  • Kiewit Corp. - Product / Service
  • Kiewit Corp. - Key offerings
11.13 Parsons Corp.
  • Parsons Corp. - Overview
  • Parsons Corp. - Business segments
  • Parsons Corp. - Key offerings
  • Parsons Corp. - Segment focus
11.14 Skanska AB
  • Skanska AB - Overview
  • Skanska AB - Business segments
  • Skanska AB - Key offerings
  • Skanska AB - Segment focus
11.15 STO Building Group
  • STO Building Group - Overview
  • STO Building Group - Product / Service
  • STO Building Group - Key offerings
11.16 The Walsh Group
  • The Walsh Group - Overview
  • The Walsh Group - Product / Service
  • The Walsh Group - Key offerings
11.17 Tutor Perini Corp.
  • Tutor Perini Corp. - Overview
  • Tutor Perini Corp. - Business segments
  • Tutor Perini Corp. - Key offerings
  • Tutor Perini Corp. - Segment focus
12 Appendix
12.1 Scope of the report
12.2 Inclusions and exclusions checklist
  • Inclusions checklist
  • Exclusions checklist
12.3 Currency conversion rates for US$
  • Currency conversion rates for US$
12.4 Research methodology
  • Research methodology
12.5 Data procurement
  • Information sources
12.6 Data validation
  • Data validation
12.7 Validation techniques employed for market sizing
  • Validation techniques employed for market sizing
12.8 Data synthesis
  • Data synthesis
12.9 360 degree market analysis
  • 360 degree market analysis
12.10 List of abbreviations
  • List of abbreviations
List of Exhibits
Exhibits 1: Executive Summary - Chart on Market Overview
Exhibits 2: Executive Summary - Data Table on Market Overview
Exhibits 3: Executive Summary - Chart on Country Market Characteristics
Exhibits 4: Executive Summary - Chart on Market Segmentation by Sector
Exhibits 5: Executive Summary - Chart on Market Segmentation by Type
Exhibits 6: Executive Summary - Chart on Company Market Positioning
Exhibits 7: Parent Market
Exhibits 8: Data Table on - Parent Market
Exhibits 9: Market characteristics analysis
Exhibits 10: Value Chain Analysis
Exhibits 11: Offerings of companies included in the market definition
Exhibits 12: Market segments
Exhibits 13: Chart on US - Market size and forecast 2023-2028 ($ billion)
Exhibits 14: Data Table on US - Market size and forecast 2023-2028 ($ billion)
Exhibits 15: Chart on US: Year-over-year growth 2023-2028 (%)
Exhibits 16: Data Table on US: Year-over-year growth 2023-2028 (%)
Exhibits 17: Historic Market Size - Data Table on Commercial Construction Market in US 2018 - 2022 ($ billion)
Exhibits 18: Historic Market Size - Sector Segment 2018 - 2022 ($ billion)
Exhibits 19: Historic Market Size - Type Segment 2018 - 2022 ($ billion)
Exhibits 20: Five forces analysis - Comparison between 2023 and 2028
Exhibits 21: Bargaining power of buyers - Impact of key factors 2023 and 2028
Exhibits 22: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
Exhibits 23: Threat of new entrants - Impact of key factors in 2023 and 2028
Exhibits 24: Threat of substitutes - Impact of key factors in 2023 and 2028
Exhibits 25: Threat of rivalry - Impact of key factors in 2023 and 2028
Exhibits 26: Chart on Market condition - Five forces 2023 and 2028
Exhibits 27: Chart on Sector - Market share 2023-2028 (%)
Exhibits 28: Data Table on Sector - Market share 2023-2028 (%)
Exhibits 29: Chart on Comparison by Sector
Exhibits 30: Data Table on Comparison by Sector
Exhibits 31: Chart on Private construction - Market size and forecast 2023-2028 ($ billion)
Exhibits 32: Data Table on Private construction - Market size and forecast 2023-2028 ($ billion)
Exhibits 33: Chart on Private construction - Year-over-year growth 2023-2028 (%)
Exhibits 34: Data Table on Private construction - Year-over-year growth 2023-2028 (%)
Exhibits 35: Chart on Public construction - Market size and forecast 2023-2028 ($ billion)
Exhibits 36: Data Table on Public construction - Market size and forecast 2023-2028 ($ billion)
Exhibits 37: Chart on Public construction - Year-over-year growth 2023-2028 (%)
Exhibits 38: Data Table on Public construction - Year-over-year growth 2023-2028 (%)
Exhibits 39: Market opportunity by Sector ($ billion)
Exhibits 40: Data Table on Market opportunity by Sector ($ billion)
Exhibits 41: Chart on Type - Market share 2023-2028 (%)
Exhibits 42: Data Table on Type - Market share 2023-2028 (%)
Exhibits 43: Chart on Comparison by Type
Exhibits 44: Data Table on Comparison by Type
Exhibits 45: Chart on Building - Market size and forecast 2023-2028 ($ billion)
Exhibits 46: Data Table on Building - Market size and forecast 2023-2028 ($ billion)
Exhibits 47: Chart on Building - Year-over-year growth 2023-2028 (%)
Exhibits 48: Data Table on Building - Year-over-year growth 2023-2028 (%)
Exhibits 49: Chart on Others - Market size and forecast 2023-2028 ($ billion)
Exhibits 50: Data Table on Others - Market size and forecast 2023-2028 ($ billion)
Exhibits 51: Chart on Others - Year-over-year growth 2023-2028 (%)
Exhibits 52: Data Table on Others - Year-over-year growth 2023-2028 (%)
Exhibits 53: Market opportunity by Type ($ billion)
Exhibits 54: Data Table on Market opportunity by Type ($ billion)
Exhibits 55: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 56: Impact of drivers and challenges in 2023 and 2028
Exhibits 57: Overview on criticality of inputs and factors of differentiation
Exhibits 58: Overview on factors of disruption
Exhibits 59: Impact of key risks on business
Exhibits 60: Companies covered
Exhibits 61: Matrix on companies position and classification
Exhibits 62: ACS Actividades de Construccion Y Servicios SA - Overview
Exhibits 63: ACS Actividades de Construccion Y Servicios SA - Business segments
Exhibits 64: ACS Actividades de Construccion Y Servicios SA - Key offerings
Exhibits 65: ACS Actividades de Construccion Y Servicios SA - Segment focus
Exhibits 66: AECOM - Overview
Exhibits 67: AECOM - Business segments
Exhibits 68: AECOM - Key news
Exhibits 69: AECOM - Key offerings
Exhibits 70: AECOM - Segment focus
Exhibits 71: Bechtel Corp. - Overview
Exhibits 72: Bechtel Corp. - Product / Service
Exhibits 73: Bechtel Corp. - Key news
Exhibits 74: Bechtel Corp. - Key offerings
Exhibits 75: Clark Construction Group LLC - Overview
Exhibits 76: Clark Construction Group LLC - Product / Service
Exhibits 77: Clark Construction Group LLC - Key offerings
Exhibits 78: DPR Construction - Overview
Exhibits 79: DPR Construction - Product / Service
Exhibits 80: DPR Construction - Key offerings
Exhibits 81: Ferrovial SA - Overview
Exhibits 82: Ferrovial SA - Business segments
Exhibits 83: Ferrovial SA - Key offerings
Exhibits 84: Ferrovial SA - Segment focus
Exhibits 85: Fluor Corp. - Overview
Exhibits 86: Fluor Corp. - Business segments
Exhibits 87: Fluor Corp. - Key news
Exhibits 88: Fluor Corp. - Key offerings
Exhibits 89: Fluor Corp. - Segment focus
Exhibits 90: Gilbane Inc. - Overview
Exhibits 91: Gilbane Inc. - Product / Service
Exhibits 92: Gilbane Inc. - Key offerings
Exhibits 93: HOCHTIEF AG - Overview
Exhibits 94: HOCHTIEF AG - Business segments
Exhibits 95: HOCHTIEF AG - Key offerings
Exhibits 96: HOCHTIEF AG - Segment focus
Exhibits 97: Kiewit Corp. - Overview
Exhibits 98: Kiewit Corp. - Product / Service
Exhibits 99: Kiewit Corp. - Key offerings
Exhibits 100: Parsons Corp. - Overview
Exhibits 101: Parsons Corp. - Business segments
Exhibits 102: Parsons Corp. - Key offerings
Exhibits 103: Parsons Corp. - Segment focus
Exhibits 104: Skanska AB - Overview
Exhibits 105: Skanska AB - Business segments
Exhibits 106: Skanska AB - Key offerings
Exhibits 107: Skanska AB - Segment focus
Exhibits 108: STO Building Group - Overview
Exhibits 109: STO Building Group - Product / Service
Exhibits 110: STO Building Group - Key offerings
Exhibits 111: The Walsh Group - Overview
Exhibits 112: The Walsh Group - Product / Service
Exhibits 113: The Walsh Group - Key offerings
Exhibits 114: Tutor Perini Corp. - Overview
Exhibits 115: Tutor Perini Corp. - Business segments
Exhibits 116: Tutor Perini Corp. - Key offerings
Exhibits 117: Tutor Perini Corp. - Segment focus
Exhibits 118: Inclusions checklist
Exhibits 119: Exclusions checklist
Exhibits 120: Currency conversion rates for US$
Exhibits 121: Research methodology
Exhibits 122: Information sources
Exhibits 123: Data validation
Exhibits 124: Validation techniques employed for market sizing
Exhibits 125: Data synthesis
Exhibits 126: 360 degree market analysis
Exhibits 127: List of abbreviations

Executive Summary

The following companies are recognized as the key players in the commercial construction market in US: 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.

Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is the emergence of smart cities."

According to the report, one of the major drivers for this market is the increase in the construction of green buildings.

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 and vendor landscape in addition to a SWOT analysis of the key vendors.

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • 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
  • Tutor Perini Corp.