(MENAFN- GlobeNewsWire - Nasdaq) Growing demand for sustainable energy, increased adoption of smart grid systems, and expanding government investments drive opportunities in energy and utilities construction. Key trends include strategic partnerships, smart grid tech, and IoT solutions, amidst evolving trade and tariff challenges impacting the sector.

Dublin, Oct. 16, 2025 (GLOBE NEWSWIRE) -- The "Energy and Utilities Construction Market Report 2025" report has been added to ResearchAndMarkets's offering.
The energy and utilities construction market size has grown strongly in recent years. It will grow from $121.67 billion in 2024 to $132.37 billion in 2025 at a compound annual growth rate (CAGR) of 8.8%. The growth during the historic period can be attributed to the increasing demand for electricity, a rise in the construction of natural gas pipelines, expansion in solar power plant construction, progress in hydrogen infrastructure development, and the growing installation of floating solar power plants.

The energy and utilities construction market size is expected to see strong growth in the next few years. It will grow to $182.79 billion in 2029 at a compound annual growth rate (CAGR) of 8.4%. The growth in the forecast period can be attributed to the rising demand for sustainable and clean energy alternatives, increasing adoption of smart grid systems, growing need for disaster-resilient infrastructure, rapid urbanization, and expanding government investments. Major trends expected during this period include the formation of strategic partnerships, advancement in smart grid technologies, increased use of energy storage systems, integration of digital twin technologies, and the adoption of Internet of Things (IoT) solutions.
The increasing demand for sustainable and clean energy alternatives is expected to propel the growth of the energy and utilities construction market going forward. Sustainable and clean energy alternatives are environmentally friendly energy sources that utilize natural processes and produce minimal or no harmful emissions. The demand for these alternatives is rising as fossil fuel reserves continue to deplete, creating a stronger shift toward long-term renewable energy solutions.

Energy and utility construction supports this shift by developing and upgrading infrastructure that efficiently harnesses renewable energy sources. For example, in January 2024, the International Energy Agency (IEA), a France-based intergovernmental organization, reported that global renewable energy capacity increased by 50% in 2023 compared to 2022, reaching nearly 510 gigawatts (GW), with solar PV accounting for approximately 75% of the new capacity. Therefore, the increasing demand for sustainable and clean energy alternatives is driving the growth of the energy and utilities construction market.
Major companies operating in the energy and utilities construction market are forming strategic partnerships to deliver essential energy and construction services to individuals, businesses, and governments. Strategic partnerships involve companies combining their strengths and resources to achieve shared goals and benefits. For example, in July 2022, Matterport, Inc., a US-based spatial data company, partnered with Burns & McDonnell, a US-based construction firm, to provide digital twin technology for the energy, utilities, and manufacturing sectors.

Through Matterport's platform, Burns & McDonnell clients can generate 3D digital models of their facilities to enhance construction, maintenance, and documentation efforts. This collaboration improves efficiency, safety, and collaboration while reducing the need for site visits, lowering travel expenses, and shortening project timelines. Notable results include Central Lincoln People's Utility District eliminating 250 site visits and completing projects under budget, and other clients reducing timelines by 30% and facility travel by up to 80%.
In March 2025, Willdan Group Inc., a US-based consulting services firm, acquired Alternative Power Generation, Inc. for an undisclosed amount. This acquisition is intended to expand Willdan Group Inc.'s electrical engineering and construction management capabilities, helping it better support the evolving energy landscape and the rising demand for resilient power solutions. Alternative Power Generation, Inc. is a US-based company specializing in engineering and construction services.
Major players in the energy and utilities construction market are BASF SE, Fluor Corporation, AECOM, Sika AG, TechnipFMC plc, McDermott International Ltd., KBR Inc., Dassault Systemes SE, Huntsman Corporation, NPL Construction Co., Ashland Inc., GCP Applied Technologies Inc., Master Builders Solutions Deutschland GmbH, BlackEagle Energy Services LLC, Denbow Company Inc., Mapei SpA, PAC Technologies LLC, Skanska UK Plc, Jacobs Engineering Group Inc., Larsen & Toubro Limited, John Wood Group PLC, Bechtel Corporation.
North America was the largest region in the energy and utilities construction market in 2024. The regions covered in energy and utilities construction report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the energy and utilities construction market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
Key Attributes:

Report Attribute	Details
No. of Pages	250
Forecast Period	2025 - 2029
Estimated Market Value (USD) in 2025	$132.37 Billion
Forecasted Market Value (USD) by 2029	$182.79 Billion
Compound Annual Growth Rate	8.4%
Regions Covered	Global

Key Topics Covered:
1. Executive Summary
2. Energy and Utilities Construction Market Characteristics
3. Energy and Utilities Construction Market Trends and Strategies
4. Energy and Utilities Construction Market - Macro Economic Scenario Including the Impact of Interest Rates, Inflation, Geopolitics, Trade Wars and Tariffs, and Covid and Recovery on the Market
4.1. Supply Chain Impact from Tariff War & Trade Protectionism
5. Global Energy and Utilities Construction Growth Analysis and Strategic Analysis Framework
5.1. Global Energy and Utilities Construction PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)
5.2. Analysis of End Use Industries
5.3. Global Energy and Utilities Construction Market Growth Rate Analysis
5.4. Global Energy and Utilities Construction Historic Market Size and Growth, 2019-2024, Value ($ Billion)
5.5. Global Energy and Utilities Construction Forecast Market Size and Growth, 2024-2029, 2034F, Value ($ Billion)
5.6. Global Energy and Utilities Construction Total Addressable Market (TAM)
6. Energy and Utilities Construction Market Segmentation
6.1. Global Energy and Utilities Construction Market, Segmentation by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

• Energy Construction
• Utilities Infrastructure Construction

6.2. Global Energy and Utilities Construction Market, Segmentation by Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

• Conventional Technologies
• Renewable Energy Technologies
• Smart Grid Technologies
• Advanced Metering Infrastructure

6.3. Global Energy and Utilities Construction Market, Segmentation by Scale of Project, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

• Small-Scale Projects
• Medium-Scale Projects
• Large-Scale Projects

6.4. Global Energy and Utilities Construction Market, Segmentation by Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

• Civil Use
• Military Use

6.5. Global Energy and Utilities Construction Market, Segmentation by End-Users, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

• Residential
• Commercial and Industrial
• Public Sector and Infrastructure

6.6. Global Energy and Utilities Construction Market, Sub-Segmentation of Energy Construction, by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

• Power Plant Construction
• Renewable Energy Facility Construction
• Transmission Line Construction
• Electrical Substation Construction
• Battery Energy Storage System Installation
• Microgrid Development
• Electric Vehicle Charging Infrastructure

6.7. Global Energy and Utilities Construction Market, Sub-Segmentation of Utilities Infrastructure Construction, by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

• Water Supply Network Construction
• Sewage and Wastewater System Construction
• Natural Gas Pipeline Construction
• Electrical Grid Infrastructure
• District Heating and Cooling Systems
• Telecommunications Utility Lines
• Stormwater Drainage Systems

7. Energy and Utilities Construction Market Regional and Country Analysis
7.1. Global Energy and Utilities Construction Market, Split by Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
7.2. Global Energy and Utilities Construction Market, Split by Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Companies Featured

• BASF SE
• Fluor Corporation
• AECOM
• Sika AG
• TechnipFMC plc
• McDermott International Ltd.
• KBR Inc.
• Dassault Systemes SE
• Huntsman Corporation
• NPL Construction Co.
• Ashland Inc.
• GCP Applied Technologies Inc.
• Master Builders Solutions Deutschland GmbH
• BlackEagle Energy Services LLC
• Denbow Company Inc.
• Mapei SpA
• PAC Technologies LLC
• Skanska UK Plc
• Jacobs Engineering Group Inc.
• Larsen & Toubro Limited
• John Wood Group PLC
• Bechtel Corporation

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• Energy and Utilities Construction Market

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