CATEGORY

Civil Construction Services

Civil works are generally the execution part of the construction process. The scope of civil works includes the construction of structual components of buildings/facilities and pre construction works including excavation, foundation etc.

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Jindal Steel to set up green hydrogen plant

August 11, 2022
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Civil Construction Services Industry Benchmarks


Savings Achieved

(in %)

The average annual savings achieved in Civil Construction Services category is 8.60%

Payment Terms

(in days)

The industry average payment terms in Civil Construction Services category for the current quarter is 63.8 days

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    Civil Construction Services Suppliers


    5,969 
    Total Suppliers
    739
    Diverse Suppliers
    69
    Normalized Supplier Rating
    Civil Construction Services Supplier

    Find the right-fit civil construction services supplier for your specific business needs and filter by location, industry, category, revenue, certifications, and more on Beroe LiVE.Ai™.

    Sample Supplier
    Company
    Jacobs Engineering Group Inc.
    Location
    Jackson, Mississipi
    Duns number
    3862211

    D&B SER Rating

    dnb logo

    Up to 3 months

    1 9
    1
    Low Risk High Risk

    The Supplier Evaluation Risk (SER) Rating is Dun & Bradstreet’s proprietary scoring system used to assess the probability that a business will seek relief from creditors or cease operations within the next 12 months. SER ratings range from 1 to 9, with 9 indicating the highest risk of failure. We’ve prepared an infographic to help business owners better understand what influences their SER Rating.

    Moody`s ESG Solution
    ESG Profile

    Company and Sector Performance
    43

    100
    Limited (1)
    ESG Perfomance (/100)
    Environment
    45
    Social
    34
    Governance
    58
    6 Domains Performance (/100)
    Business behaviour
    43
    Human rights
    44
    Community Environment
    68
    Corporate governance
    57
    Human resources
    26
    Security Scorecard
    82

    Threat indicators
    B
    84
    Network Security
    Detecting insecure network settings
    A
    100
    Hacker Chatter
    Monitoring hacker sites for chatter about your company
    F
    56
    DNS Health
    Detecting DNS insecure configuration and vulnerabilities
    C
    73
    Application Security
    Detecting common website application vulnerbilities
    B
    89
    Endpoint Security
    Detecting unprotected enpoints or entry points of user tools, such as desktops, laptops mobile devices, and virtual desktops
    A
    100
    Cubic Score
    Proprietary algorithms checking for implementation of common security best practices
    A
    90
    Patching Cadence
    Out of date company assets which may contain vulnerabilities of risk
    A
    100
    Social Engineering
    Measuring company awareness to a social engineering or phising attack
    A
    97
    IP Reputation
    Detecting suspecious activity, such as malware or spam, within your company network
    A
    100
    Information Leak
    Potentially confidential company information which may have been inadvertently leaked

    Industry Comparison
    jacobs.com
    Industry average
    Adverse Media Appearances
    Environmental Issues
    14
    Workforce Health Safety Issues
    0
    Product Service Issues
    14
    Human Rights Issues
    0
    Production Supply Chain Issues
    0
    Environmental Non Compliance Flags
    28
    Corruption Issues
    0
    Regulatory Non Compliance Flags
    4
    Fraud Issues
    1
    Labor Health Safety Flags
    1
    Regulatory Issues
    3
    Workforce Disputes
    0
    Sanctions
    0
    esg energy transition
    43
    Discrimination Workforce Rights Issues
    1
    esg controversies critical severity
    No

    Civil Construction Services market report transcript


    Global Civil Construction Services Industry Outlook

    • The global construction industry is expected to grow by an average of around 0.5 percent in 2020, strongly effected by Covid-19 as US, China, and India expected to hold an approx. 50 percent of share, worth $87 trillion, in incremental construction spend over the next 15 years
    • Integrated project delivery is expected to be an emerging trend, enabling successful implementation and potential benefits ofthis outsourcing model in large-scale projects in the US
    • Reduction in lifecycle cost and time are the key factors that led to an increase in the usage of technologies like BIM (3D&4D), laser scanning, 3D printing, and smart building systems in the global construction sector

    Global Construction-Industry Overview

    The global civil construction industry is projected to grow from $5.9 trillion in 2017 to $6.79 trillion in 2021. This increase is primarily driven by the proposed government spending on infrastructure projects, primarily in Asia 
    LATAM and APAC accounted for more than half of the world's construction output in 2016 and by 2020; they will have a share of ~55 percent

    The size of the worldwide civil engineering industry, which was estimated to be worth USD 7.74 trillion in 2020, is anticipated to increase at a CAGR of 5.7% from 2021 to 2028. Growth in the market is predicted to be fueled by emerging nations' rapid industrialization and urbanization as well as the increasing global emphasis on building high-quality infrastructure.

    The growth of the construction industry is anticipated to be boosted by an increase in infrastructure and capital projects, which would in turn increase consumer demand for the products. Forecasting the construction industry's future growth prospects globally. The worldwide construction industry is expected to generate 17.5 trillion US dollars in total output in 2030, an increase of 85% from 2014 and a compound annual growth rate of 3.9%. From 2016 through 2030, the worldwide construction industry is projected to generate US$212 trillion in total production.

    According to projections, the infrastructure sector would experience the highest CAGR between 2021 and 2028.

    Over the projection period, segment expansion is anticipated to be driven by rising governmental and private investments in the development of infrastructure projects, including railways, roads, airports, canals, and others. Additionally, a growing preference for designing and creating flexible infrastructure is anticipated to fuel the development of infrastructure applications.

    Developed Regions

    • NA: Stronger infrastructure and residential will be the key determinants of the construction output in the region. The region is poised for stable growth until 2021
    • WE: European construction will grow 2.7 per cent this year – the pace will slow down clearly from last year's 3.5 per cent.Growth will continue in 2019 and 2020 but at a slower rate, and construction will no longer be the European engine of growth

    Developing Regions 

    • APAC: The percentage contribution in the global construction spend is expected to reach close to 45 percent in 2020. Though China's construction faces a slowdown in growth, it still remains the prime market, with 60 percent share in the region
    • LATAM:  The region is facing a slow growth rate, which is expected to continue for the next three years. Brazil's construction industry is shrinking in real dollar values, while Argentina and Mexico continue to be the bright spots with better growth rates
    • Due to the availability of cheap labour in countries like China, India, and others, the Asia-Pacific region led the market and accounted for over 32% of worldwide revenue in 2020.
    • The rising demand for industrial and commercial construction would cause the regional market to grow further at a consistent CAGR from 2021 to 2028. Because of its highly established industrial sector, government programs to build social infrastructure, and rising residential demand, the U.S. dominates the market in North America.
    • China pushes the "One Belt One Road (OBOR)" program and encourages the development of the infrastructure in the nations that are part of the route.
    • There is a significant need for existing urban transportation, water supply networks, electricity supply systems, and other infrastructure investments due to the ongoing expansion of urbanization in the countries along the route. The average annual market space is anticipated to exceed 3 trillion dollars, and the cumulative output value is anticipated to reach 44.6 trillion dollars.
    • The economy of the EU depends heavily on the construction sector. It contributes roughly 4.84 percent of the EU's GDP and 15 million direct jobs.

    Global Construction—Design Technology 

    3D laser scanning

    • 3D laser scanning can be used in reproducing dimensions and positions of the object digitally, further turning them into a point cloud image
    • 3D laser scanning of building structures will support offsite design recommendations, which saves time and costs
    • Big projects are handled by having multiple scans from different angles and linking them all together to get an image, which is then exported to CAD or BIM programs to get a 3D model or drawing

    BIM

    • BIM is now being incorporated at all levels on the construction projects
    • The physical building is constructed digitally by creating a virtual model, which reduces the risk of mistakes or discrepancies and also for cost saving
    • Delivers spatial coordination on construction projects
    • Tracking and monitoring construction development in the cloud reduces errors and redundancy
    • Assessing documents, work lists, punch lists, field reports electronically
    • Handling electrical systems to peak performance

    Other Design Software

    Different technologies that are currently being used in the construction industry for engineering and design are DataCAD, ArchiCAD, CADKEY, ConSteel, REVIT, NavisWroks, StruCad and Nemetschek, as well as Corel Draw and Atlantis