© 2017 Global Market Insights, Inc. USA. All Rights Reserved Civil Engineering Market Outlook, Regional Growth & Industry Share by

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© 2017 Global Market Insights, Inc. USA. All Rights Reserved Civil Engineering Market Outlook, Regional Growth & Industry Share by

 The rapid emergence of sustainable urban infrastructure development owing to the explosive population growth globally will provide a strong outlook for the civil engineering market size.  Steady improvements and developments in unique architectural designs owing to increasing renovation trends among consumers will propel the industry share over the forecast timeframe.  The rising prominence of robots in the construction industry for taking up mundane tasks will enhance worker safety, overall productivity, and lower operating costs, thereby boosting the industry share.  The rapid eminence of automated machine guidance systems for keeping a track on benefits of high ROI will eliminate the requirement for dedicated on-site staff, thereby promulgating the civil engineering market size. © 2017 Global Market Insights, Inc. USA. All Rights Reserved  Civil Engineering Market Growth Scenario:

 Continuously updating building codes & standards in various countries showcasing appropriate societal, technological, and economic changes will escalate the civil engineering market growth. Increasing adoption of performance-based building codes is supporting efficient innovation in construction materials & techniques, further providing potential growth prospects.  Rapid & convenient approval processes for numerous civil engineering projects across the globe will provide a strong outlook for industry expansion. Specific building plans are checked by multiple agencies & firms for the final approval, which delays the overall completion time for the project. Better & effective coordination coupled with increased convenience for permit seekers and regulations providing less associated bureaucracy will augment the civil engineering market share over the projected timeline.  Residential buildings will observe the fastest growth with 4.5% CAGR in the overall civil engineering market. This can be credited to the increasing consumer inclination toward sustainable green buildings over the study timeframe. Favorable government regulations & policies toward the adoption of sustainable building methods & techniques will significantly enhance the segment growth. Continue :- © 2017 Global Market Insights, Inc. USA. All Rights Reserved

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© 2017 Global Market Insights, Inc. USA. All Rights Reserved Make An Inquiry To Purchase This  Competitive Analysis:  The major industry players are AECOM, HILL Companies Ltd., Hochtief Ag, Technip, Galfar Engineering & Contracting SAOG, HDR, Vinci Construction, Royal BAM Group NV, Jacobs Engineering Group, Hyundai Engineering & Construction Co., Ltd., and Fluor Corporation. The other notable participants are ACS Actividades de Construcción y Servicios S.A., Skanska, Balfour Beatty PLC, Bouygues Construction SA, and Construtora Norberto Odebrecht S.A.  Regional Analysis:  Increasing government spending on the major infrastructure projects in developing regions including Asia Pacific and the Middle East & Africa will augment the civil engineering market growth. For instance, Australia’s budget committed a funding of USD 700 million for the development of METRONET rail project.  Asia Pacific will observe the fastest growth at over 5% CAGR in the overall civil engineering market due to the growing population along with the expansion in construction sector.

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