Global Engineering, Procurement and Construction (EPC) Services Market Growth (Status and Outlook) 2025-2031

The global Engineering, Procurement and Construction (EPC) Services market size is predicted to grow from US$ 842100 million in 2025 to US$ 994510 million in 2031; it is expected to grow at a CAGR of 2.8% from 2025 to 2031.

Engineering, Procurement, and Construction (EPC) service is a project delivery model in which the contractor is fully responsible for the design, equipment and material procurement, construction and final completion and delivery of the project to ensure that the project is completed as required by the contract. Under the EPC model, the owner only needs to propose the overall demand and investment target, and the contractor will carry out overall planning, organization and implementation according to the contract, thereby optimizing resource allocation and improving project execution efficiency. The core feature of this model is "integrated management". The contractor uses systematic engineering management methods to achieve full process control from design optimization, cost control, progress management to quality assurance, reduce the uncertainty caused by multi-party coordination, help reduce the owner's management risk, control engineering investment, and improve the reliability and controllability of project implementation. In addition, the EPC general contracting model can also shorten the construction period and avoid project delays caused by design changes or procurement delays. It is particularly suitable for large-scale infrastructure construction, industrial engineering, energy development and public buildings. It is widely used in the domestic and foreign engineering construction market and is one of the important ways of modern engineering project management.

United States market for Engineering, Procurement and Construction (EPC) Services is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

China market for Engineering, Procurement and Construction (EPC) Services is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Europe market for Engineering, Procurement and Construction (EPC) Services is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Global key Engineering, Procurement and Construction (EPC) Services players cover China State Construction Engineering Corporation, China Communications Construction Group, Power Construction Corporation of China, CRCC, CREC, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.

LPI (LP Information)' newest research report, the “Engineering, Procurement and Construction (EPC) Services Industry Forecast” looks at past sales and reviews total world Engineering, Procurement and Construction (EPC) Services sales in 2024, providing a comprehensive analysis by region and market sector of projected Engineering, Procurement and Construction (EPC) Services sales for 2025 through 2031. With Engineering, Procurement and Construction (EPC) Services sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Engineering, Procurement and Construction (EPC) Services industry.

This Insight Report provides a comprehensive analysis of the global Engineering, Procurement and Construction (EPC) Services landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Engineering, Procurement and Construction (EPC) Services portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Engineering, Procurement and Construction (EPC) Services market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Engineering, Procurement and Construction (EPC) Services and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Engineering, Procurement and Construction (EPC) Services.

This report presents a comprehensive overview, market shares, and growth opportunities of Engineering, Procurement and Construction (EPC) Services market by product type, application, key players and key regions and countries.

Segmentation by Type:
International EPC
Domestic EPC

Segmentation by Application:
Transportation Facilities
Housing Construction
Petrochemical Industry
Electric Power Engineering
Other

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
China State Construction Engineering Corporation
China Communications Construction Group
Power Construction Corporation of China
CRCC
CREC
CEEC
CNCEC
CRBC
MCC
Fluor Corporation
Tekfen Holding
Maire Tecnimont
Swinerton
SAIPEM
VINCI
Grupo ACS/Hochtief
Bouygues
STRABAG
Skanska AB
Exyte GmbH
Ferrovial
Hyundai Engineering & Construction
Eiffage
webuild
Samsung C&T
Shanghai Construction Group
Larsen & Toubro
Shanxi Construction Investment
ACS
ACCIONA

Please note: The report will take approximately 2 business days to prepare and deliver.