UK Construction Market is Expected to Reach USD 439.04 Billion by 2030

Emergence of large-scale infrastructure projects across the region is driving the UK construction market growth during the forecast period.

The UK Construction Market size was valued at USD 316.38 billion in 2024, and is projected to grow to USD 356.19 billion by 2025. Additionally, the industry is expected to continue its growth trajectory, reaching USD 439.04 billion by 2030, with a CAGR of 4.3% from 2025 to 2030, according to new research by Next Move Strategy Consulting.

The construction market in the United Kingdom is witnessing robust growth, primarily driven by the rollout of major infrastructure projects in 2024 and 2025. Key undertakings include HS2 Phase 1, a USD 70 billion high-speed rail line connecting London and Birmingham, with tunneling completed in 2024 and track installation continuing in 2025; the USD 40 billion Hinkley Point C Nuclear Power Station, which is set to deliver 3.2 GW of clean energy by 2027; and the Lower Thames Crossing, a USD 11 billion project initiated in 2024 to construct a 23-km tunnel beneath the River Thames, improving connectivity between Kent and Essex by 2030. 

Backed by the UK Infrastructure and Projects Authority, these ventures are significantly enhancing national connectivity and energy infrastructure, driving momentum within the construction sector.

However, growth in the UK construction market demand is tempered by the challenges posed by complex regulatory environments. Infrastructure projects often face delays due to the need to secure numerous approvals at local, regional, and national levels. These include compliance with zoning laws, environmental impact assessments, building codes, and safety regulations. 

The permitting process can be lengthy and inconsistent, resulting in increased project costs and extended timelines. Regulatory fluctuations and unexpected policy shifts can further complicate project execution and discourage investment. 

Agencies focused on environmental protection also play a key role in ensuring compliance with regulations related to air quality, waste management, and water safety, especially during demolition and material disposal phases.

On the other hand, the growing adoption of digital technologies, especially Building Information Modeling (BIM) offers a promising path forward for the market. BIM enhances design accuracy, enables real-time collaboration, and optimizes resource allocation through digital simulations and project oversight. 

In April 2024, ALLPLAN launched Allplan 2024-1 to advance BIM capabilities and support seamless cloud-based workflows, illustrating the sector’s shift toward fully digital project execution. Combined with AI, IoT, and cloud integration, these innovations are transforming construction practices, enabling predictive maintenance and more efficient facility management, and paving the way for further market expansion.

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Several key players operating in the UK construction industry include China State Construction Engineering Corp. Ltd. (CSCEC), China Railway Group Ltd. (CREC), China Railway Construction Corp. Ltd. (CRCC), China Communications Construction Group Ltd. (CCCC), Metallurgical Corporation of China Ltd. (MCC), Power Construction Corp. of China, Vinci SA, China Energy Engineering Corp. (CEEC), Shanghai Construction Group (SCG), Bouygues Group, and others.

Key Insights from the UK Construction Market Report:

•    The information related to key drivers, restraints, and opportunities and their impact on the UK construction market share is provided in the report.

•    The value chain analysis in the market study provides a clear picture of the roles of each stakeholder.

•    The market share of key players in the construction market of the UK is provided in the report along with their competitive analysis.