How big is the foundation, structure, and building exterior contractors market today, and what are its future growth expectations?
The foundation, structure, and building exterior contractors market size has grown steadily in recent years. It will grow from $1317.28 billion in 2024 to $1383.09 billion in 2025 at a compound annual growth rate (CAGR) of 5.0%. The growth in the historic period can be attributed to growth in construction, infrastructure development, government policies and regulations, real estate market dynamics, environmental considerations.
The foundation, structure, and building exterior contractors market size is expected to see steady growth in the next few years. It will grow to $1630.85 billion in 2029 at a compound annual growth rate (CAGR) of 4.2%. The growth in the forecast period can be attributed to resilient and sustainable construction, renewable energy construction, infrastructure renewal initiatives, population migration patterns, adaptation to climate change. Major trends in the forecast period include digitalization in construction, smart building technologies, technological advancements in construction, prefabrication and modular construction, focus on resilient infrastructure.
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Which industry factors have accelerated the foundation, structure, and building exterior contractors market’s expansion?
A rapidly growing urban population is expected to increase the demand for new residential and commercial land during the forecast period. According to the UN World Urbanization Prospects report, globally, it is projected that more than two-thirds (60%) of the world’s population will be living in cities by 2050. For instance, large opportunities are expected to arise in Asian countries such as Indonesia, Vietnam, and the Philippines, which are becoming increasingly popular for export-oriented manufacturing. According to the World Bank, the urban population in South Asia is expected to grow by 250 million by 2030. This rapid urbanization is expected to boost the demand for new infrastructure and drive the foundation, structure, and building exterior contractors market during the forecast period.
What are the primary segments of the foundation, structure, and building exterior contractors market?
The foundation, structure, and building exterior contractors market covered in this report is segmented –
1) By Type: Excavation And Demolition, Roofing, Concrete Work, Water Well Drilling
2) By Service Provider: Large Chain Companies, Independent Contractors
3) By Mode: Online, Offline
4) By Application: Residential Building Construction, Nonresidential Building Construction, Other Applications
Subsegments:
1) By Excavation And Demolition: Site Preparation, Demolition Services, Grading And Excavation
2) By Roofing: Residential Roofing, Commercial Roofing, Roof Repairs And Maintenance
3) By Concrete Work: Foundation Pouring, Concrete Repair, Decorative Concrete Services
4) By Water Well Drilling: Residential Well Drilling, Commercial Well Drilling, Well Maintenance And Repair
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Which firms are leading the foundation, structure, and building exterior contractors market?
Major companies operating in the foundation, structure, and building exterior contractors market include Turner Construction Company, Bechtel Corporation, Whiting-Turner Contracting Company, Gilbane Building Company, Skanska USA Building Inc., McCarthy Building Companies Inc., Fluor Corporation, Jacobs Engineering Group Inc., Kiewit Corporation, DPR Construction, Clark Construction Group LLC, PCL Construction Enterprises Inc., Hensel Phelps Construction Co., Lendlease Group, AECOM, Tishman Construction Corporation, Holder Construction Company, Mortenson Construction, Balfour Beatty US, Shawmut Design and Construction, The Walsh Group Ltd., JE Dunn Construction Group Inc., Swinerton Builders, Brasfield & Gorrie LLC, Webcor Builders, Structure Tone Inc., Gray Construction, Austin Industries Inc., Layton Construction Co. LLC, STO Building Group
Which market trends are set to define the future of the foundation, structure, and building exterior contractors market?
Contractors are offering building-integrated photovoltaic (BIPV) glazing technology for the generation of electricity. A BIPV system consists of solar cells or modules that are integrated into building elements or materials as part of the building structure. Traditionally, photovoltaic systems are found on rooftops that have small surface areas. Whereas BIPV photovoltaic cells are integrated directly into cladding materials, shingles or windows, enabling almost any building component, including the roof, façade, windows, canopies, or balcony railings, to generate solar electricity. Thus, BIPV-installed buildings can self-generate a larger portion of their electricity from a free and clean energy source. AGC Inc., Avenston Group, BELECTRIC, BiPVco, and Canadian Solar are examples of companies working on building-integrated photovoltaics.
Which geographic trends are shaping the foundation, structure, and building exterior contractors market, and which region has the highest market share?
The countries covered in the foundation, structure, and building exterior contractors market report are Australia, China, India, Indonesia, Japan, South Korea, Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, USA, Canada, Mexico, Brazil, Chile, Argentina, Colombia, Peru, France, Germany, UK, Austria, Belgium, Denmark, Finland, Ireland, Italy, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, Russia, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
What Does The Foundation, Structure, And Building Exterior Contractors Market Report 2025 Offer?
The foundation, structure, and building exterior contractors market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Foundation, structure, and building exterior contractors are subcontractors that specialize in a certain component of a construction project and perform tasks that are specific to building construction such as excavation, demolition, roofing, etc. using a detailed design and plan.
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