Market Research Logo

Construction Market in the US 2015-2019

Construction Market in the US 2015-2019

About US Construction

The US is the second largest construction market after China. Post the housing market crash and financial crisis of 2008-2009, the construction market in the US is gaining momentum. The market is witnessing rapid construction activities led by the government initiatives to strengthen the country’s infrastructure; boom in the unconventional energy market, primarily shale; change in demographics; and rise in employments among others.

TechNavio's analysts forecast the Construction Market Outlook in the US to grow at a CAGR of 4.5% over the period 2014-2019.

Covered in this Report

The report covers the current scenario and the growth prospects of the construction market outlook in the US for the period 2015-2019. The market size has been calculated on the basis of the historical contribution of construction to GDP and also considering the current and upcoming construction projects planned in the country.

TechNavio's report, the Construction Market Outlook in the US 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.

Key Vendors

  • Flour
  • NVR
  • Skanska
Other Prominent Vendors
  • CB&I
  • Bechtel
  • KBR
  • Kiewit
Market Driver
  • Boom in Unconventional Energy Market
  • For a full, detailed list, view our report
Market Challenge
  • High Transportation Costs
  • For a full, detailed list, view our report
Market Trend
  • Skilled Labor Shortage
  • For a full, detailed list, view our report
Key Questions Answered in this Report
  • What will the market size be in 2019 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Construction Outlook in the US 2015-2019

Technavio recognizes the following companies as the key players in the construction outlook in the US: Fluor Corp., NVR Inc. and Skanska USA

Other Prominent Vendors in the market are: CB&I, Bechtel, KBR and Kiewit

Commenting on the report, an analyst from Technavio’s team said: “Increased focus on green buildings is one of the key trends emerging in the market. Consumers are now inclined toward green buildings for new constructions as well as renovations. A greater focus on both conserving energy and reducing energy costs is leading to the high demand for green buildings in the US.”

According to the report, with the advent of hydraulic fracturing and horizontal drilling techniques, energy companies in the US are making huge investments to access unconventional oil and gas resources, primarily shale gas. This is expected to bring in major opportunities for the engineering and construction industry in the US for the next two decades.

Further, the report states that the construction industry in the US is recovering from a prolonged slump and is facing a shortage of skilled workers. Most workers shifted to other industries such as energy during the housing market crash and recession in 2007-2008.

Companies Mentioned

Fluor Corp., NVR Inc, Skanska USA, CB&I, Bechtel, KBR, Kiewit

  • Executive Summary
  • List of Abbreviations
  • Scope of the Report
    • Market Overview
  • Market Research Methodology
    • Market Research Process
    • Research Methodology
      • Table Market Research Methodology
  • Introduction
    • Table Consumer Confidence and Construction Spending 2002-2014
  • Economic Overview
    • Table US GDP Contribution by Industry 2012-2013
    • Table US Unemployment: National versus Construction Industry 2005-2014
    • Table Construction Backlog Indicator 2013-2014
    • Table US Construction Cost Index: October 2010-October 2014
    • Table Ease of Doing Business in US
  • Construction Sector in US
    • Table US Construction Industry Key Facts
    • Table Construction Spending 2010-2014 ($ billions)
    • Upcoming Key Construction Projects in US
  • Market Landscape
    • Market Size and Forecast
      • Table Size of Construction Market in US
      • Table Construction Market in US 2014-2019 ($ billions)
      • Table Share of US in Global Construction Market 2010 and 2019
    • Five Forces Analysis
  • Market Segmentation
    • Table Segmentation of Construction Market by Spending 2013 and 2014
    • Residential and Non-Residential Market in US 2014-2019 ($ billions)
      • Table Total Residential Construction Spending in US 2014-2019 ($ billions)
      • Table Total Non-residential Construction Spending in US 2014-2019 ($ billions)
  • Vendor Selection Criteria
  • Market Growth Drivers
  • Drivers and their Impact
  • Market Challenges
  • Impact of Drivers and Challenges
  • Market Trends
    • Table M&A in US Construction and Engineering Industry 2013-2014
  • Trends and their Impact
  • Vendor Landscape
    • Competitive Scenario
      • Key News
    • Other Prominent Vendors
  • Key Vendor Analysis
    • Fluor
      • Key Facts
      • Business Overview
      • Revenue and Net Earnings
        • Table Fluor: Revenue and Net Earnings 2012-2014
      • Revenue by Business Segments
        • Table Fluor: Revenue by Business Segments 2012-2014
      • Revenue by Geography
        • Table Fluor: Revenue by Geography 2012-2014
      • Business Strategy
      • SWOT Analysis
    • NVR
      • Key Facts
      • Business Overview
      • Revenue and Net Income
        • Table NVR: Revenue and Net Income 2012-2014 ($ billions)
      • Revenue by Business Segments
        • Table NVR: Revenue by Business Segments 2012-2014
      • Revenue by Geography
        • Table NVR: Homebuilding Segment Revenue by Geography (US) 2012-2014
      • Business Strategy
      • SWOT Analysis
    • Skanska USA
      • Key Facts
      • Business Overview
      • Revenue and Operating Profit
        • Table Skanska USA: Revenue and Operating Profit 2012-2014
      • Revenue by Business Segments
        • Table Skanska USA: Revenue by Business Segments 2012-2014
      • Business Strategy
      • SWOT Analysis
  • Market Summary
  • Other Reports in this Series

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report