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Non-Residential Construction in the United States

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    Report

  • 50 Pages
  • May 2024
  • Region: United States
  • MarketLine
  • ID: 5992522
Non-Residential Construction in the United States industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

  • Non-residential construction refers to the process of building structures that are not intended for residential purposes.
  • The US non-residential construction sector recorded revenues of $1.27 trillion in 2023, representing a compound annual growth rate (CAGR) of 5.9% between 2018 and 2023.
  • The energy and utilities construction segment accounted for the sector's largest proportion in 2023, with total revenues of $334.3 billion, equivalent to 26.2% of the sector's overall value.
  • In 2023, the US non-residential construction sector witnessed an annual growth of 20.3%. The growth is attributed to the expanding construction activities and initiatives to minimize carbon emissions from building construction.

Scope

  • 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

Reasons to Buy

  • What was the size of the United States non-residential construction market by value in 2023?
  • What will be the size of the United States non-residential construction market in 2028?
  • 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 States's non-residential construction market?

Table of Contents

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 in the market?
7.2. What have been the recent developments in the non-residential sector?
7.3. What are the strategies of leading players?
8 Company Profiles
8.1. Bechtel Corp
8.2. Turner Construction Co
8.3. Fluor Corporation
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related research
10.4. About the Publisher
List of Tables
Table 1: United States non-residential construction sector value: $ million, 2018-23
Table 2: United States non-residential construction sector category segmentation: % share, by value, 2018-2023
Table 3: United States non-residential construction sector category segmentation: $ million, 2018-2023
Table 4: United States non-residential construction sector geography segmentation: $ million, 2023
Table 5: United States non-residential construction sector value forecast: $ million, 2023-28
Table 6: Bechtel Corp: key facts
Table 7: Bechtel Corp: Key Employees
Table 8: Bechtel Corp: Key Employees Continued
Table 9: Turner Construction Co: key facts
Table 10: Turner Construction Co: Key Employees
Table 11: Turner Construction Co: Key Employees Continued
Table 12: Turner Construction Co: Key Employees Continued
Table 13: Turner Construction Co: Key Employees Continued
Table 14: Fluor Corporation: key facts
Table 15: Fluor Corporation: Annual Financial Ratios
Table 16: Fluor Corporation: Key Employees
Table 17: United States size of population (million), 2019-23
Table 18: United States gdp (constant 2005 prices, $ billion), 2019-23
Table 19: United States gdp (current prices, $ billion), 2019-23
Table 20: United States inflation, 2019-23
Table 21: United States consumer price index (absolute), 2019-23
Table 22: United States exchange rate, 2019-23
List of Figures
Figure 1: United States non-residential construction sector value: $ million, 2018-23
Figure 2: United States non-residential construction sector category segmentation: $ million, 2018-2023
Figure 3: United States non-residential construction sector geography segmentation: % share, by value, 2023
Figure 4: United States non-residential construction sector value forecast: $ million, 2023-28
Figure 5: Forces driving competition in the non-residential construction sector in the United States, 2023
Figure 6: Drivers of buyer power in the non-residential construction sector in the United States, 2023
Figure 7: Drivers of supplier power in the non-residential construction sector in the United States, 2023
Figure 8: Factors influencing the likelihood of new entrants in the non-residential construction sector in the United States, 2023
Figure 9: Factors influencing the threat of substitutes in the non-residential construction sector in the United States, 2023
Figure 10: Drivers of degree of rivalry in the non-residential construction sector in the United States, 2023

Companies Mentioned (Partial List)

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

  • Bechtel Corp
  • Turner Construction Co
  • Fluor Corporation