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Civil Engineering Market Share

Report ID: GMI804
Published Date: Jun 2024
Report Format: PDF

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Civil Engineering Market Share

Civil Engineering Company Market Share Analysis (2023)

Key players involve in the market are ACS Group, AECOM, Bouygues S.A., STRABAG SE, and Vinci SA accounting market share of 12-15% in 2023. Innovation is a major driver of competition in civil engineering. Companies that embrace and create innovative technologies such as Building Information Modeling (BIM), new materials, and sustainable building processes have a competitive advantage. Innovation may result in cost savings, increased efficiency, and environmentally sustainable solutions.

Strong connections with customers, government agencies, suppliers, and industry partners are critical for securing contracts and remaining competitive. Networking possibilities, involvement in industry groups, and retaining a good reputation may all contribute to repeat business and recommendations. Adaptability, resilience, and the ability to predict and adapt to market trends are critical for businesses to flourish in this competitive environment.

Civil Engineering Market Companies

Major companies operating in the civil engineering industry include:

ACS Group
AECOM
Afcons Infrastructure Ltd
Bouygues S.A.
Eiffage SA
Fujita Corporation
Jacobs
Kiewit Corporation
Larsen & Toubro Limited
Royal BAM Group
Skanska AB
STRABAG SE
Tata Projects Ltd.
Tetra Tech Inc.
Vinci SA

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

Global civil engineering industry was valued at USD 12.5 trillion in 2023 and is anticipated to register 5.2% CAGR between 2024 and 2032 due to the rising urbanization along with the increasing awareness of environmental issues.

The building segment in the market accounted for USD 4.6 trillion in 2023, driven by rising emphasis on sustainable construction approaches and integration of IoT and AI technologies.

Asia Pacific civil engineering market is expected to reach USD 7.4 trillion by 2032 due to rapid urbanization and high demand for new infrastructure, including roads and utilities.

ACS Group, AECOM, Afcons Infrastructure Ltd, Bouygues S.A., Eiffage SA, Fujita Corporation, Jacobs, Kiewit Corporation, Larsen & Toubro Limited, Royal BAM Group, Skanska AB and STRABAG SE, among others.