Civil Engineering Market Projected to Grow at a CAGR of 5.2%, Reaching USD 7834.5 billion During Forecast Period 2022 and 2030 – Report by Market Research Future (MRFR)

New York (US), May 26, 2023 (GLOBE NEWSWIRE) — Civil Engineering Market Overview

The MRFR study reports imply that the “Civil Engineering Market Research Report Information by Customer Group, Region, Service, and Application – Forecast Till 2030″, the global Civil Engineering market research predicts that the market is likely to bolster substantially during the review era from 2022 to 2030 at a substantial growth rate of around 5.20%. The reports further predict that the Civil Engineering market size will be nearly USD 7834.5 billion by the end of 2030. As per these study reports, the market was worth nearly USD 4964.4 billion in the year 2021.

Market Scope:

The global Civil Engineering industry has lately demonstrated immense development. The primary parameter causing a surge in the performance of the market is the growing disposable income in emerging nations in order to boost infrastructure segment growth throughout the projection period. Furthermore, technological advancements in the construction sector worldwide are also believed to be one of the crucial parameters enhancing market performance.

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Competitive Analysis

The listing of the prominent leaders across the global market for Civil Engineering includes players such as:

AECOM (U.S.)
Tetra Tech Inc. (U.S.)
SNC-Lavalin (Canada Jacobs Engineering Group Inc. (U.S.)
HDR Inc. (U.S.)
Fluor Corporation (U.S.)
Galfar Engineering & Contracting SAOG (UAE)
Stantec Inc. (Canada)
United States Army Corps of Engineers (U.S.)
Amec Foster Wheeler plc (U.K.)
Among others.

Report Scope:

Report Attribute
Details

Market Size
USD 7834.5 billion

CAGR
5.20%

Base Year
2021

Forecast Period
2022 to 2030

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