DUBLIN–(BUSINESS WIRE)–The «United States Construction Industry Databook Series – Market Size & Forecast by Value and Volume, Q1 2025 Update» report has been added to ResearchAndMarkets.com’s offering.
The construction market in United States is expected to grow by 5.6% on annual basis to reach USD 1.27 trillion in 2025.
The construction market in the U.S. experienced robust growth during 2020-2024, achieving a CAGR of 7.3%. This upward trajectory is expected to continue, with the market forecast to grow at a CAGR of 4.4% during 2025-2029. By the end of 2029, the construction sector is projected to expand from its 2024 value of USD 1.20 trillion to approximately USD 1.59 trillion.
This report provides a detailed data-centric analysis of the construction sector in United States, offering a comprehensive view of market opportunities in the building and infrastructure construction industry at the country level. With over 100+ KPIs covering growth dynamics in building and infrastructure construction, construction cost structure analysis, and analysis by key cities in the country, this databook provides a wealth of data-centric analysis with charts and tables, ensuring stakeholders are fully informed.
It offers a comprehensive analysis of market dynamics in the construction sector through a range of KPIs such as value, volume, and number of units. The building construction covers detailed segmentation over 30+ segments in residential, commercial, industrial, and institutional sectors.
Key Insights
The robust growth in residential construction is driven by digital innovation, sustainable design, and significant market demand, presenting ample opportunities for modernization and expansion. Strategic technological investments and workforce development yield competitive advantages, although inflation, labor shortages, and regulatory challenges persist. Effective risk management and adaptive financing are critical to maintaining project viability.
Economic factors such as rising material and labor costs, fluctuating interest rates, and supply chain disruptions are reshaping project budgets, especially in states like California and Texas. There is strong demand for sustainable, energy-efficient housing, alongside challenges posed by regulatory hurdles and potential interest rate hikes.
Large-scale residential and mixed-use developments are thriving in metropolitan areas like New York and Los Angeles, driven by strategic designs and high-density concepts. These initiatives are supported by private developers and bolstered by state-level programs and federal incentives, signaling optimistic growth prospects.
Federal and state policies are notably instrumental, with programs such as the HOME Investment Partnerships Program facilitating market activity in the residential sector. Through tax credits, low-interest loans, and streamlined permitting processes, federal and local governments align investments with regional priorities to drive sustainable growth.
Technological advancements, like Building Information Modeling (BIM) and smart home systems, are revolutionizing traditional methods, enhancing project efficiency and quality. Simultaneously, sustainability takes center stage with energy-efficient designs and renewable energy integration becoming standard practices.
In the commercial sector, the focus on flexible, technology-driven spaces creates significant growth opportunities. Despite challenges such as economic uncertainties and changes in tenant expectations, strategic investments in smart infrastructure and sustainability promise long-term benefits.
Rising material and labor costs pose financial challenges, necessitating conservative financing strategies. Yet, the demand for modern office spaces and mixed-use developments is reshaping urban landscapes, highlighting the need for adaptability amid economic fluctuations.
High-rise office modernizations in cities like Chicago and San Francisco and flexible, community-oriented suburban spaces reflect the commercial sector’s evolving dynamics. Driven primarily by private investment, these projects are supported by municipal initiatives and federal incentives, encouraging robust growth.
Federal and state programs actively support urban redevelopment, aligning with commercial construction goals through tax abatements and zoning reforms. Financial incentives for sustainable developments streamline processes and attract investment, fostering a supportive growth environment.
With advancements like IoT and digital twinning enhancing operations, and a strong focus on sustainability, the commercial sector is poised to maintain its competitive edge. Simultaneously, addressing the skills gap through targeted training ensures a workforce capable of adapting to new technologies.
This report offers a 10-year forecast across 40+ construction segments, providing a comprehensive overview of market size and dynamics. Key segments include residential, commercial, industrial, and infrastructure construction, with particular emphasis on green building initiatives amid evolving market requirements.
Market Data and Insights:
This report provides market size and forecast across 40+ construction segments for ten years from 2020 – 2029 in United States.
KPIs covered include the following:
- Market size by value
- Market size by volume of construction
- Number of units
Report Scope
- United States Economic Indicators
- United States Top Cities Construction Data
- United States Residential Building Construction Coverage
- United States Residential Green Building Construction Coverage
- United States Commercial Building Construction Coverage
- United States Commercial Green Building Construction Coverage
- United States Industrial Green Building Construction Coverage
- United States Institutional Building Construction Coverage
- United States Institutional Green Building Construction Coverage
- United States Infrastructure Construction Sectors
- United States Green Infrastructure Construction
- United States Construction Cost Structure Analysis
Reasons to buy
- Comprehensive Insight into Construction Market Dynamics: Gain a deep understanding of the construction market, including opportunities, industry trends, and key drivers across over 40+ market segments and sub-segments.
- Detailed Analysis of Construction Costs: Explore construction costs broken down by type, including material and labor costs. The report provides detailed information on costs by construction type and worker.
- Top Ten Cities Construction Value: Access valuable data on the construction market size for major cities, focusing on key city-level sectors.
- In-Depth Volume and Value Data: Obtain a thorough understanding of the market from both value and volume perspectives, covering historical data and forecasts by activity and units.
- Strategic Market-Specific Insights: Formulate targeted strategies by identifying growth segments and opportunities and assessing key trends, drivers, and risks within the construction industry.
- City-Level Trend Analysis: Get detailed trend analyses for tier-1, tier-2, and tier-3 cities, offering actionable insights for urban-focused strategies.
For more information about this report visit https://www.researchandmarkets.com/r/69ea96
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