Construction 4.0 Sector: Growth Drivers and Challenges
Growth Drivers
- Growing Urban Population Worldwide
- Increasing Number of Construction and Residential Activities
Challenges
- Requirement of High Capital Investment
- Lack of Skilled Labor
Construction 4.0 Market: Key Insights
|
Base Year |
2024 |
|
Forecast Year |
2025-2037 |
|
CAGR |
17.7% |
|
Base Year Market Size (2024) |
USD 17.2 billion |
|
Forecast Year Market Size (2037) |
USD 143.09 billion |
|
Regional Scope |
|
Browse key industry insights with market data tables & charts from the report:
Frequently Asked Questions (FAQ)
In the year 2025, the industry size of construction 4.0 is assessed at USD 19.79 billion.
Construction 4.0 Market size was valued at USD 17.2 billion in 2024 and is expected to reach USD 143.09 billion by 2037, expanding at around 17.7% CAGR during the forecast period i.e., between 2025-2037.
Asia Pacific industry is poised to dominate majority revenue share by 2037, on the back of increasing demand for construction 4.0 in emerging economies such as India, Vietnam and Indonesia, and rising government expenditure on infrastructural activities.
The major players in the market are ABB Ltd., Advanced Opto-Mechanical Systems and Technologies Inc., Hexagon AB, Autodesk Inc., and others.
