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Report Overview

The North America construction market size reached nearly USD 2.31 Trillion in 2025. The market is projected to grow at a CAGR of 4.90% between 2026 and 2035 to reach a value of around USD 3.73 Trillion by 2035.

2025

Base Year

2019-2025

Historical Period

2026-2035

Forecast Period

Compound Annual Growth Rate

4.9%

Value in USD Trillion

2026-2035


*this image is indicative*

Key Trends in the Market

Construction refers to a process of developing, repairing, remodelling, demolishing, altering, or improving buildings and infrastructures. It requires skilled labour, specialised equipment, and building materials, among others. The construction sector is a significant determinant of the social and economic growth of a country.

  • The surge in residential construction activities amid the rising housing demand in countries like the United States is driving the North America construction market growth. Increasing infrastructural investments, the robust growth of sectors like transportation, education, and healthcare, the surging development of data centres and manufacturing facilities, and growing spending on commercial development are also favouring the market demand.
  • Technological advancements and innovations are improving the dynamics of the market. Advanced technologies such as robotics, building information modelling (BIM), blockchain, and AI, among others, are expected to reduce the burden of construction workers while boosting the productivity of construction operations in the forecast period.
  • The growth of the construction sector significantly contributes to the economic growth of a country while providing employment to a considerable section of the population. Hence, governments of the United States and Canada are introducing favourable initiatives and investments aimed at boosting construction activities as well as maintaining, renovating, and developing infrastructure, which is a crucial North America construction market trend.

Market Segmentation

The EMR’s report titled “North America Construction Market Report and Forecast 2026-2035" offers a detailed analysis of the market based on the following segments:

Market Breakup by Construction Type

  • Renovations
  • Demolition and New Constructions

Market Breakup by End Use

  • Commercial
  • Residential
  • Industrial
  • Education and Research
  • Medical and Healthcare
  • Others

Market Breakup by Region

  • United States of America 
  • Canada

Market Share by End Use

The residential sector accounts for a significant portion of the North America construction market share. The rising population across the region is propelling the demand for housing. Increasing investments towards home renovation and maintenance activities owing to the growing standards of living are also escalating the segment’s growth. Moreover, the surging immigrant population across countries like the United States and Canada is further boosting the segment’s growth.

Market Share by Application

As per the North America construction market analysis, the United States of America is likely to witness fast-paced growth in the forecast period. The residential construction sector is one of the biggest contributors fuelling the growth of the market. A steady rise in single-family households in the country has been further bolstering the market for construction in the United States.

Furthermore, with increasing government incentives to boost domestic manufacturing in the United States, the surging construction of industrial facilities and factories is likely to support the overall North America construction market demand in the coming years.

Competitive Landscape

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the key players in the North America construction market, covering their competitive landscape and latest developments like mergers, acquisitions, investments and expansion plans.

Turner Construction Company

Turner Construction Company is a leading construction management company which offers expertise in offsite construction, risk management, and self-performance operations, among others. It was founded in 1902 and is headquartered in New York, the United States.

Bechtel Corporation

Bechtel Corporation is an engineering company that offers services and products related to sectors like defence and nuclear, environmental cleanup, and construction, among others. It was established in 1898 and is headquartered in Virginia, the United States.

Kiewit Corporation

Kiewit Corporation is one of the largest engineering and construction companies which has been innovating commercial building projects while contributing to the development of transportation infrastructure. The company was established in 1884 and is headquartered in Nebraska, the United States.

*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*

Other North America construction market players include STO Building Group, Fluor Corporation, DPR Construction, Skanska AB, Clark Construction Group, LLC, PCL Constructors Inc., EllisDon Corporation, Aecon Group Inc., and Graham Construction & Engineering Inc, among others.

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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

The market reached a value of nearly USD 2.31 Trillion in 2025.

The market is estimated to grow at a CAGR of 4.90% between 2026 and 2035.

The market is estimated to witness a healthy growth in the forecast period of 2026-2035 to reach a value of around USD 3.73 Trillion by 2035.

The surge in the residential construction activities across the region, growing expansion of IT players, and increasing government investments aimed at boosting infrastructure development are the major drivers of the market.

The key trends in the market include technological advancements in the construction sector and increasing investments towards escalating industrial construction.

Renovations and demolition and new constructions are the different construction types included in the market report.

Commercial, residential, industrial, education and research, and medical and healthcare, among others, are the major end uses of construction.

Turner Construction Company, Bechtel Corporation, Kiewit Corporation, STO Building Group, Fluor Corporation, DPR Construction, Skanska AB, Clark Construction Group, LLC, PCL Constructors Inc., EllisDon Corporation, and Aecon Group Inc., Graham Construction & Engineering Inc, among others, are the key market players.

Report Summary

Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.

Key Highlights of the Report

Please note that the figures mentioned in the description serve as estimates and may vary from the actual figures presented in the final report.

REPORT FEATURES DETAILS
Base Year 2025
Historical Period 2019-2025
Forecast Period 2026-2035
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Construction Type
  • End Use
  • Region
Breakup by Construction Type
  • Renovations
  • Demolition and New Constructions
Breakup by End Use
  • Commercial
  • Residential
  • Industrial
  • Education and Research
  • Medical and Healthcare
  • Others
Breakup by Region
  • United States of America 
  • Canada
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Turner Construction Company
  • Bechtel Corporation
  • Kiewit Corporation
  • STO Building Group
  • Fluor Corporation
  • DPR Construction
  • Skanska AB
  • Clark Construction Group, LLC
  • PCL Constructors Inc.
  • EllisDon Corporation
  • Aecon Group Inc.
  • Graham Construction & Engineering Inc
  • Others

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