U.S. Construction Market is Expected to Reach USD 2.52 Trillion by 2030

Surge in investments in large-scale projects in the region is driving the U.S. construction market growth during the forecast period.

The U.S. Construction Market size was valued USD 1.77 trillion in 2024, and is projected to grow to USD 2.12 trillion by 2025. Additionally, the industry is expected to continue its growth trajectory, reaching USD 2.52 trillion by 2030, with a CAGR of 2.6% from 2025 to 2030, according to new research by Next Move Strategy Consulting.

The market is witnessing strong growth, largely driven by increased investments in large-scale infrastructure projects. Among the key developments in 2024 and 2025 are the Hudson Tunnel Project in New York City, a USD 16 billion initiative under the Gateway Program aimed at improving Northeast Corridor connectivity through new rail tunnels under the Hudson River; the Brightline West High-Speed Rail project, valued at USD 10 billion, connecting Las Vegas to Southern California with completion expected by 2028; and the Gordie Howe International Bridge in Detroit, a USD 6.4 billion project that will become North America's longest cable-stayed bridge when completed in September 2025.

Backed by both the U.S. Department of Transportation and private sector investment, these projects are contributing to the expansion of infrastructure capacity and stimulating economic activity, thereby increasing the overall market share.

However, the construction industry in the U.S. faces challenges stemming from a complex regulatory landscape. Infrastructure projects are often delayed due to the time-consuming process of obtaining multiple approvals across local, regional, and federal levels. These include compliance with zoning laws, environmental regulations, building codes, and safety standards.

The process can be further hampered by bureaucratic inefficiencies and regulatory inconsistencies between jurisdictions, which not only prolong timelines but also escalate costs. Regulatory changes or policy shifts may further complicate project execution and deter investors. Environmental oversight bodies are also heavily involved, monitoring air quality, waste disposal, and water management to ensure regulatory compliance, especially during demolition, recycling, and disposal phases.

On the contrary, the digital transformation of the construction industry presents valuable opportunities for growth. The adoption of Building Information Modeling is enhancing design precision, facilitating real-time collaboration, and streamlining project management. Supporting this trend, ALLPLAN introduced Allplan 2024-1 in April 2024, advancing BIM functionalities and optimizing cloud-based operations. 

Alongside BIM, the integration of AI, IoT, and cloud technologies is revolutionizing construction workflows by enabling predictive maintenance, improving facility oversight, and increasing operational efficiency. These advancements are paving the way for more agile, data-driven infrastructure development across the U.S. construction sector.

Request for a Free Sample on U.S. Construction Market  

Several key players operating in the U.S. construction industry include Lennar Corp., D.R. Horton, Inc., PulteGroup, Inc., Doss & Horky Inc., Fluor Corporation, AECOM, NVR, Inc., Toll Brothers, KBR, Primoris Services Corporation, McCarthy Building Companies, Inc., Balfour Beatty, Inc, Skanska USA Inc, Holder Construction Group, LLC, STO Building Group Inc., and others.

Key Insights from the U.S. Construction Market Report:

•    The information related to key drivers, restraints, and opportunities and their impact on the U.S. 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 players in the U.S. construction market is provided in the report along with their competitive analysis.