Find stats on top websites
The commercial building services industry is experiencing robust growth, driven by increasing demand for energy efficiency, sustainability, and smart building solutions. Regulatory pressures, rising energy costs, and corporate ESG commitments are compelling businesses to invest in infrastructure upgrades. The integration of renewable energy and advanced technologies is a key trend, with a focus on holistic solutions for optimized building performance and reduced carbon footprints. Competition is high, with established players and innovative newcomers vying for market share.
Total Assets Under Management (AUM)
Commercial and Industrial Building Construction Spending in United States
~Approximately $200 billion (Q1 2024 annualized rate for non-residential, private construction)
(5-7% (estimated for 2024) CAGR)
- Driven by strong demand for data centers and manufacturing facilities.
- Includes significant investments in energy efficiency and green building projects.
- Supported by government incentives and sustainability mandates.
Approximately 400-500 billion