Buildings Construction Market Report 2026

Buildings Construction Market Overview

• Buildings Construction market size has reached to $7592.63 billion in 2025 • Expected to grow to $9992.67 billion in 2030 at a compound annual growth rate (CAGR) of 5.9% • Growth Driver: Surging Demand For Residential Projects Set To Fuel Building Construction Market Growth • Market Trend: Innovative Excavators Enhancing Productivity in Building Construction • Asia-Pacific was the largest region in 2025 and North America is the fastest growing region.

What Is Covered Under Buildings Construction Market?

Buildings construction is the process of building, altering, repairing, improving, or demolishing residential and non-residential buildings or structures using a detailed design and plan. The main types of building construction are residential building construction and non-residential building construction. Non-residential structures comprise non-residential structures as well as fixtures, facilities, and equipment that are integral to the structures as well as site clearance and preparation costs. The different types of buildings include smart buildings, traditional buildings, and those used by private and public industries.

What Is The Buildings Construction Market Growth Forecast?

The buildings construction market size is expected to see strong growth in the next few years. It will grow to $9992.67 billion in 2030 at a compound annual growth rate (CAGR) of 5.9%. The growth in the forecast period can be attributed to growing use of modular and prefabricated structures, rising focus on energy-efficient buildings, increased adoption of digital construction management tools, expansion of mixed-use developments, stronger penetration of smart building technologies. Major trends in the forecast period include increasing demand for large-scale construction projects, rising adoption of modular construction methods, expansion of urban residential complexes, increasing focus on green building certification, growth in commercial and institutional development.

Global Buildings Construction Market Segmentation

1) By Type: Residential Building Construction, Nonresidential Building Construction 2) By Building Type: Smart Buildings, Traditional Buildings 3) By End User Sector: Private, Public Subsegments: 1) By Residential Building Construction: Single-Family Housing Construction, Multi-Family Housing Construction, Manufactured (Mobile) Home Construction, Other Residential Building Construction 2) By Nonresidential Building Construction: Commercial And Institutional Building Construction, Industrial Building Construction, Agricultural Building Construction, Other Nonresidential Building Construction

What Is The Driver Of The Buildings Construction Market?

The rising demand for residential projects is expected to propel the growth of the building construction market. Residential projects encompass a wide range of construction endeavors focused on developing living spaces. Residential construction endeavors encompass the creation of habitable structures, including but not limited to individual homes, multi-unit housing complexes, and tall apartment buildings. For instance, in 2024, according to the National Association of Home Builders, a US-based trade association representing the home building industry, the Survey of Construction (SOC) 2024 reported that a total of 1,009,315 new single-family housing units began construction across the United States, representing a 7% increase compared to 2023. Therefore, the rising demand for residential projects will drive the growth of the building construction market.

Key Players In The Global Buildings Construction Market

Major companies operating in the buildings construction market are China State Construction Engineering Corporation Ltd, China Evergrande Group, Country Garden Holdings Co Ltd, Sunac China Holdings Ltd, Greenland Holding Group, Daiwa House Group, Lennar Corporation, D.R. Horton Inc, Bouygues SA, The Metallurgical Corp of China, China Railway Group Limited, Bechtel, Fluor Corporation, The Whiting-Turner Contracting Company, Emcor Group, Turner Construction, Kiewit Corporation, STO Building Group Inc., AECOM, DPR Construction, Gilbane Building Company, Tutor Perini Corporation, Clark Construction Group LLC, Skanska USA, PCL Construction Enterprises Inc., McCarthy Holdings Inc., Hensel Phelps, Ryan Companies US Inc., Swinerton, Balfour Beatty US, The Boldt Company, JE Dunn Construction Group Inc., The Walsh Group Ltd., Mortenson, The Industrial Company, Webcor Construction, TDIndustries, The Haskell Company, KCI Technologies, Crossland Construction Company, Consigli Building Group Inc.

Global Buildings Construction Market Trends and Insights

Major companies operating in the building construction market are focusing on developing innovative solutions, such as building construction excavators, to improve productivity, enhance site safety, and reduce operational costs. Building construction excavators refer to heavy machinery specifically designed for excavation and earthmoving tasks in construction projects. For instance, in September 2024, KOBELCO Construction Machinery Co., Ltd., a Japan-based construction machinery manufacturer, launched the SK80 excavator, designed to enhance productivity and efficiency in construction projects. This new model is equipped with advanced features such as a powerful engine, an improved hydraulic system, and enhanced operator comfort. The SK80 aims to meet the growing demand for compact yet powerful excavators in the Indian market, making it suitable for various applications, including urban construction and infrastructure development.

What Are Latest Mergers And Acquisitions In The Buildings Construction Market?

In October 2024, Barratt Developments Plc, a UK-based residential property development company, announced the acquisition of Redrow Plc for US$3.3 billion (£2.5 billion). This acquisition aligns with Barratt’s strategy to strengthen its position in the UK housing market, enhance its development portfolio, and increase operational efficiency through scale and shared resources. Redrow Plc is a UK-based housebuilding company specializing in the construction of residential homes and communities across England and Wales.

Regional Insights

Asia-Pacific was the largest region in the building construction market in 2025. North America was the second-largest region in the building construction market. The regions covered in this market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in this market report are China, India, Japan, Australia, Indonesia, South Korea, Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, Taiwan, New Zealand, UK, Germany, France, Italy, Spain, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Russia, Czech Republic, Poland, Romania, Ukraine, USA, Canada, Mexico, Brazil, Chile, Argentina, Colombia, Peru, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa

What Defines the Buildings Construction Market?

The building construction market includes revenues earned by entities by constructing buildings such as hotels, houses, apartments, restaurants, schools, sports, offices, hospitals, governments, and other buildings. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

How is Market Value Defined and Measured?

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

What Key Data and Analysis Are Included in theBuildings Construction Market Report 2026?

The buildings construction market research report is one of a series of new reports from The Business Research Company that provides market statistics, including industry global market size, regional shares, competitors with the market share, detailed market segments, market trends and opportunities, and any further data you may need to thrive in the buildings construction industry. The market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the industry.