Building Consulting Service Market Size By Type, By Application, By Geographic Scope And Forecast
Published on: 2024-08-07 | No of Pages : 320 | Industry : latest updates trending Report
Publisher : MIR | Format : PDF&Excel
Building Consulting Service Market Size By Type, By Application, By Geographic Scope And Forecast
Building Consulting Service Market Size And Forecast
Building Consulting Service Market size was valued at USD 150 Billion in 2024 and is projected to reach USD 247.6 Billion by 2031, growing at a CAGR of 7.5% from 2024 to 2031.
The demand for sustainable construction techniques, growing urbanisation, and the development of infrastructure are all contributing to the market’s robust expansion for building consulting services. The increase in building activity, especially in developing nations, necessitates professional consulting for effective project management and regulatory compliance. Furthermore, the growing consciousness regarding the effects on the environment encourages the use of green building methods, which in turn promotes market growth. Innovations in technology, including BIM and smart building solutions, also improve service offerings and draw in additional customers. All things considered, the market is expected to grow substantially as it adjusts to new construction techniques and changing industry demands.
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Building Consulting Service Market Definition
The market for building consulting services includes a wide range of expert services designed to help and advise customers at different phases of construction projects. Project management, engineering and architectural design, sustainability consulting, regulatory compliance, and feasibility studies are some of these services. In this industry, consultants offer their knowledge to guarantee economical, ecologically friendly, and productive construction methods. They support clients in navigating complex regulatory environments, implementing sustainable building practices, and embracing cutting-edge technologies as they help with the planning, design, construction, and management of structures. This market provides services to a wide range of customers, including government agencies, commercial companies, developers, contractors, and architects.
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Global Building Consulting Service Market Outlook
In the report, the market outlook section mainly encompasses fundamental dynamics of the market which include drivers, restraints, opportunities and challenges faced by the industry. Drivers and Restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market.
The increase in the number of construction activities owing to urbanization and industrialization is a major growth driver for the building consulting services market. Furthermore, the shift in the focus on the utilization of resources to its maximum along with the reduction in potential wastage has also proven to drive the growth of this market.
The increasing number of specialized building consultants in Architectural elements, forensic evaluation, and repair of building components and structural systems has been the global building consulting services market trend. The rise in modular and movable walls enabled construction projects and smart infrastructure and construction of smart homes in emerging countries to offer lucrative growth opportunities for this market. However, the high cost of building construction services and the dearth of skilled workforce can hamper the growth of this market.
Market Research narrows down the available data using primary sources to validate the data and use it in compiling a full-fledged market research study. The report contains a quantitative and qualitative estimation of market elements which interests the client. The “Global Building Consulting Service Market” is mainly bifurcated into sub-segments which can provide a classified data regarding latest trends in the market.
Global Building Consulting Service Market Competitive Landscape
The “Global Building Consulting Service Market” study report will provide a valuable insight with an emphasis on global market including some of the major players such as WSP Global Inc, Black & Veatch, Ramboll Group, Atkins, Arup, Construction Market Consultants, Penstein Group, ORIEL, Cunningham Lindsey Global, and Mott MacDonald.
Our market analysis also entails a section solely dedicated for such major players wherein our analysts provide an insight to the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share and market ranking analysis of the above-mentioned players globally.
Global Building Consulting Service Market Segment Analysis
Building Consulting Service Market is segmented into Type, Application, and Geography.
Global Building Consulting Service Market, By Type
• Investment Assessment and Auditing• Permitting and Compliance• Project and Information Management• Monitoring and Testing
Global Building Consulting Service Market, By Application
• Commercial Building• Residential Building
Global Building Consulting Service Market Geographic Scope
• North Americao U.S.o Canadao Mexico• Europeo Germanyo UKo Franceo Rest of Europe• Asia Pacifico Chinao Japano Indiao Rest of Asia Pacific• Rest of the World
Report Scope
REPORT ATTRIBUTES | DETAILS |
---|---|
STUDY PERIOD | 2021-2031 |
BASE YEAR | 2024 |
FORECAST PERIOD | 2024-2031 |
HISTORICAL PERIOD | 2021-2023 |
UNIT | Value (USD Billion) |
KEY COMPANIES PROFILED | Intertek Group plc, Bureau Veritas, CSI S.p.A., Weiss Technik North America, Idneo Technologies S.L., Magna International Inc., Quality Service Group, Dragon Solutions Ltd, Element Materials Technology Ltd., Ashton Technologies and Ashton Automotive Testing |
SEGMENTS COVERED |
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CUSTOMIZATION SCOPE | Free report customization (equivalent up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope |
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Reasons to Purchase this Report
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support
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