Global General/Civil Construction Services Industry Report: Country Overview; Value Chain Analysis; Production Process; Cost Structure; Market Dynamics: Drivers & Constraints, Industry Events, Innovations & Trends, SWOT Analysis, Porter’s Five Forces; Industry Best Practices: Sourcing Strategy, Procurement Model, Contract Structure, Key Factors Influencing the Quotation; Key Supplier Analysis, 2022-2027

General/Civil Construction Services Industry Report by Regional Category Spend, Price Analysis, Key Demand, Price Indicators, and Best Buying Practices


The global General/Civil Construction Services market reached a value of USD 12.89 trillion in 2021. The industry is projected to grow at a CAGR of around 2.5% in the forecast period of 2022-2027 to reach a value of USD 14.94 trillion by 2027.

The General/Civil Construction Services industry report comprehensively analyses the industry, including key segments, trends, drivers, restraints, the competitive landscape, and other essential market aspects. The international market is propelled by the progress in the developing and developed nations, increasing population, expanding urbanisation, and the increase in local or domestic production abilities. Asia is the highest category spender by region which is driving the demand for the General/Civil Construction Services industry.

Industry Definition and Segmentation

General and civil construction services comprise construction or building and allied engineering services offered including construction activities for buildings and civil engineering, fixing and fitting assemblage activities, along with completing the building and other related work. The industry provides services to build huge structures such as buildings, bridges, etc. Also, professional engineering services in this sector include all architectural and engineering facilities. The global General/Civil Construction Services industry report comprises segments based on region (North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa).

Asia is Driving the Growth of the Industry

The construction services market in Asia has been expanded by mutual trade contracts and assistance from China to boost the Chinese investments in Latin America. The growth of the Asian market is also propelled by the suggested government expenditure on infrastructure ventures. Moreover, even though the construction activities are moving sluggishly in China in terms of growth, it, however, holds a 60% share in the region and remains the major market. Furthermore, owing to the vigorous construction activities in emerging nations like China, Brazil, India, Saudi Arabia, and Indonesia, there has been an escalation in the market growth. Additionally, the rise in foreign investments and the existing production footprint in India are giving further momentum to the progress of the market.

The worldwide construction services market is primarily pushed by the growth in urbanisation, increasing population, and the rise in local production activities. The construction activities have seen a rise in both residential and non-residential segments which is improving the face of the market. In addition, there has been a huge revolution in the transportation industry, and reforming it resulted from globalisation which is further facilitating the progress of the construction services market. Besides, the growth in the infrastructural initiatives and investments made by the government in the housing industry is also driving the market.

Nevertheless, major issues connected with the growth of the industry in both the short and medium term may be listed as interruptions in the supply of electricity, heightened shortages of labour, increasing prices of oil, and challenges in the supply chain.

Best Procurement Practices

The global General/Civil Construction Services oil industry report by Procurement Resource gives an in-depth analysis of the best buying practices followed by General/Civil Construction Services providing and utilising regions across the globe, such as contract terms, engagement models, and buyer and supplier negotiation levers, among others.

Category Management Studies

The general and civil construction service market comprises the revenues and profits from sales done by organisations or partners that conduct construction activities to build buildings, bridges, and other infrastructural structures along with engineering ventures such as highways and utility systems. Businesses that arrange or set up sites for new construction activities and those that split up the land for sale as developing sites are also a part of this market. The construction services market consists of new activities, add-ons, embellishment, renovations, fixes, and upkeep, alongside building distribution lines, structures for utilities, and installation of specialised building equipment like elevators, escalators, and service station equipment.

Investment in the Residential Sector is Anticipated to Further Drive the General/Civil Construction Services Market

The sustained and lifted investment and other steps taken by the government to assist the expansion of the housebuilding projects in the residential sector are in turn leading to the growth of global construction services. Additionally, investments in the infrastructure and energy and utility divisions have been a key factor for the recuperation in the complete construction productivity. For instance, the residential housing segment in the US construction industry has been the major driver of rising in the overall construction activity.

The key zones in the industry are North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.

Key Industry Players Mentioned in the General/Civil Construction Services Industry Report

  • Skanska AB
  • Strabag SE
  • Vinci SA
  • Actividades de Construcción y Servicios, S.A
  • GS E&C Corp.

Market Landscape

The construction services firms are progressively utilising self-sufficient or automated construction vehicles and robust equipment to enhance output. These autonomous vehicles and equipment are fitted with sensors, cameras, and GPS that help in gathering real-time information that in turn supports remotely monitoring Jobsite and decreases the time for construction. Moreover, diverse technologies that are being utilised at present in the construction services industry for engineering and design are ArchiCAD, ConSteel, REVIT, NavisWroks, DataCAD, CADKEY, Nemetschek, Corel Draw, and Atlantis.

Key Initiatives by Companies

  • In 2020, a key international development and construction company, Skanska AB, declared the formal launch of the company’s business development in Los Angeles, and initially acquired a commercial development site based in Beverly Hills.

1.    Executive Summary
2.    General/Civil Construction Services Market Snapshot

    2.1.    General/Civil Construction Services Market Outlook
    2.2.    Region Overview
        2.2.1.    North America
        2.2.2.    Europe
        2.2.3.    Asia Pacific
        2.2.4.    Latin America
        2.2.5.    Middle East and Africa
3.    Impact of Recent Events 
4.    General/Civil Construction Services Value Chain Analysis 
5.    General/Civil Construction Services Production Process
6.    Trade Analysis 
7.    Major Risk Factors in Sourcing
8.    General/Civil Construction Services Cost Structure
9.    General/Civil Construction Services Price Analysis 
10.    Key Demand Indicator Analysis
11.    Key Price Indicator Analysis
12.    General/Civil Construction Services Market Dynamics

    12.1.    Drivers & Constraints
    12.2.    Industry Events 
    12.3.    Innovations & Trends
    12.4.    Swot Analysis
    12.5.    Porter’s Five Forces
        12.5.1.    Buyer Power
        12.5.2.    Supplier Power
        12.5.3.    Threat of New Entrants
        12.5.4.    Threat of Substitutes
        12.5.5.    Industry Rivalry
13.    Industry Best Practices
    13.1.    Sourcing Strategy
    13.2.    Procurement Model
    13.3.    Contract Structure
    13.4.    Negotiation Levers
    13.5.    Pricing Model
    13.6.    Key Factors Influencing the Quotation 
14.    Key Supplier Analysis
    14.1.    Skanska AB
    14.2.    Strabag SE
    14.3.    Vinci SA
    14.4.    Actividades de Construcción y Servicios, S.A
    14.5.    GS E&C Corp.

Request Sample
Key Questions Answered in the Report

In 2021, the global attained a value of USD 12.89 trillion 2021.

In the forecast period of 2022-2027, the market is projected to grow at a CAGR of 2.5%.

The global construction services market is primarily pushed by the growth in urbanisation, increasing population, and the rise in local production activities.

The major regions in the industry are North America, Europe, Asia Pacific, the Middle East and Africa, and Latin America.

Some of the leading players in the industry are Skanska AB, Strabag SE, Vinci SA, Actividades de Construcción y Servicios, S.A, and GS E&C Corp.

Analyst Review

The global General/Civil Construction Services market reached a value of USD 12.89 trillion in 2021 and is projected to grow at a CAGR of around 2.5% in the forecast period of 2022-2027. The growth of the Asian market is also propelled by the suggested government expenditure on infrastructure ventures. Moreover, China holds a 60% share in the region and remains the major market. The worldwide construction services market is primarily pushed by the growth in urbanisation, increasing population, and the rise in local production activities along with the rise in the construction activities in both residential and non-residential segments. Some of the leading players in the industry are Skanska AB, Strabag SE, Vinci SA, Actividades de Construcción y Servicios, S.A, and GS E&C Corp.

Procurement Resources’ detailed research approach explores deep into the industry, encompassing the macro and micro aspects of the industry. Its team of experts uses a combination of cutting-edge analytical tools and their expertise thus, delivering its customers with market insights that are accurate, and actionable, and help them remain ahead of their competition.

Compare & Choose the Right Report Version for You

Why Procurement Resource?

RIGHT PEOPLE

At Procurement Resource our analysts are selected after they are assessed thoroughly on having required qualities so that they can work effectively and productively and are able to execute projects based on the expectations shared by our clients. Our team is hence, technically exceptional, strategic, pragmatic, well experienced and competent.

RIGHT METHODOLOGY

We understand the cruciality of high-quality assessments that are important for our clients to take timely decisions and plan strategically. We have been continuously upgrading our tools and resources over the past years to become useful partners for our clientele. Our research methods are supported by most recent technology, our trusted and verified databases that are modified as per the needs help us serve our clients effectively every time and puts them ahead of their competitors.

RIGHT PRICE

Our team provides a detailed, high quality and deeply researched evaluations in competitive prices, that are unmatchable, and demonstrates our understanding of our client’s resource composition. These reports support our clientele make important procurement and supply chains choices that further helps them to place themselves ahead of their counterparts. We also offer attractive discounts or rebates on our forth coming reports.

RIGHT SUPPORT

Our vision is to enable our clients with superior quality market assessment and actionable evaluations to assist them with taking timely and right decisions. We are always ready to deliver our clients with maximum results by delivering them with customised suggestions to meet their exact needs within the specified timeline and help them understand the market dynamics in a better way.

NEWSLETTER

Get latest News About Procurement Resource
Subscribe for news

This site uses cookies (including third-party cookies) to record user’s preferences. See our Privacy PolicyFor more.