Global Civil Engineering Market Trends and Forecast: Revenue is Projected to Touch $12.71 Trillion by 2029

Global Civil Engineering Market Overview

According to Global Market Monitor, the global civil engineering market size is $10.38 trillion in 2024 and is expected to grow to $12.71 trillion by 2029.Civil engineering involves the engineering aspects of planning, design, construction, and maintenance of the building environment. The civil engineering industry conducts business in transportation systems and other fields, including railways, ports, airports, motorways and bridges, and urban planning.

China Civil Engineering Market Status

With the rapid development of China's political economy, the infrastructure construction industry has achieved unprecedented development, which is reflected in the construction of highways, railways, and bridges. After entering the 21st century, the world's high-speed railway construction has developed rapidly. Although China's high-speed railway started late, it has developed rapidly. Although China's high-speed rail started late, but rapid development. By the end of 2023, China's railway mileage reached 159,000 kilometers, including 45,000 kilometers of high-speed rail, ranking first in the world. The layout and structural functions of the road network have been continuously optimized and improved, and solid steps have been taken to build a modern railway infrastructure system. According to the plan, by 2025, the country's railway operation length will reach about 170,000 km, including 50,000 km of high-speed rail. On the external front, China is actively pursuing the Belt and Road Initiative and cooperating with Asian, African, and Latin American countries. Therefore, China's development trend in infrastructure is relatively good, which also provides a good market survival for the application of Civil Engineering in China space.

With the rapid development of society and economy, the urbanization process is accelerating. More than 80% of people in high-income countries live in urban areas, while in middle-and high-income countries, the number is between 50% and 80%. The engineering structure is becoming more and more large and complicated, and high-rise buildings, large bridges, giant dams, and complex subway systems are constantly emerging to meet people's living needs. Civil engineering designs, builds, and maintains these projects. These factors will promote the development of the civil engineering industry.

Market Drivers

Great opportunities can be gained by applying new technologies, materials, and tools. For example, new technologies in digital space will not only increase productivity and reduce project delay but also improve building quality, safety, working conditions, and environmental compatibility. Building Information Modeling (BIM) plays a key role here because it is the key promoter and promoter of many other technologies: for example, the combination of robotics and 3D printing through the parametric design of 3D models can greatly promote the construction of bridges. Skilled deployment of information technology services in the form of digitalization of construction permits and flexible regulations for complex building standards greatly help to reduce the time of approval process and start-up of the construction process.

China State Construction is one of the major players operating in the Civil Engineering market, holding a share of 2.56% in 2023.established in 1982, China State Construction is one of the largest investment and construction groups in the world with the longest professional development, the earliest market-oriented operation, and the highest degree of integration. China State Construction's business performance covers more than 100 countries and regions at home and abroad, and its business layout covers investment and development (real estate development, construction financing, holding, and operation), engineering construction (housing construction, infrastructure construction), survey and design, and new business (green construction, energy conservation, and environmental protection, e-commerce).

Company Name	China State Construction
Website	www.cscec.com
Established Time	1982
Headquarters	China
Business Distribution	Worldwide