Civil Engineering Market Worth $12.05 Trillion By 2028 | CAGR: 5.7%
Civil Engineering Industry Overview The global civil engineering market size is expected to reach USD 12.05 trillion by 2028 registering a CAGR of 5.7% over the forecast period, according to a new report by Grand View Research, Inc. The rapidly growing residential construction sector on account of the rising population across the globe is expected to drive the growth of this market during the forecast period. Civil Engineering Market Segmentation Grand View Research has segmented the global civil engineering market on the basis of services, application, customers, and region: Based on the Services Insights, the market is segmented into Planning & Design, Construction, Maintenance, Others. The construction services segment led the market and accounted for more than 27% share of the global revenue in 2020. Increasing demand for various rail structures, tunnels, bridges, and other civil works on account of the growing population and traffic issues across the glo...