How is the future in civil engineering?

Civil Engineering Marketsize is expected to reach USD 11.72 trillion by 2025; according to a new research report by Global Market Insights, Inc. Population demographics along with increasing urbanization have facilitated the need for sustainable and efficient infrastructure solutions. Development in green buildings, sensor-embedded roads & buildings, geopolymer concrete, and water management will stimulate global civil engineering industry growth. Escalating demand for sophisticated infrastructure accompanied by rising income levels along with increasing investment in smart grids, industry automation, urban mobility, and parking systems technologies and policies should drive civil engineering market growth. Global government purchases were over USD 4 trillion in 2015. Rising non-residential projects spending associated with public funding including sewage & waste disposal, transportation, education, streets & highways, and water supply are major contributors. China civil engineering market holds a huge potential owing to its positive outlook on healthcare, education, retail, and social infrastructure spending along with one-child policy discontinuation. APAC industrial infrastructure market was valued at over USD 150 billion in 2015. Surging concept design & development, industrial expansion, demand for highly developed facilities across numerous sectors will positively impact civil engineering market growth. High initial investment along with low rate of ROI are key factors impacting civil engineering market trends. Non-availability of skilled labor and longer duration of projects with traditional processes may threaten growth.

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