- Market Growth:
The global construction industry is expected to experience steady growth by 2025. The recovery from the pandemic and the increased focus on infrastructure projects will play significant roles in driving this growth.
Market Value: The global construction industry is projected to reach approximately 12 trillion dollars by 2025. This growth will be supported primarily by infrastructure investments in emerging economies and the rising number of construction projects worldwide.
- Infrastructure and Commercial Construction Projects:
Infrastructure projects, particularly in developing countries like China, India, and Brazil, will be a significant contributor to industry growth. Large-scale projects in transportation, energy, and water infrastructure will be developed in these countries.
Commercial construction will continue to grow as well. Projects such as data centers, office buildings, and logistics hubs will see increasing demand, further driving growth in the sector.
- Sustainability and Green Construction:
By 2025, there will be a rising demand for sustainable construction solutions. Environmentally friendly materials, energy-efficient building systems, and sustainable construction techniques will become more preferred. This trend will contribute to the industry's focus on green construction and reducing carbon emissions.
- Technology and Digitalization:
The digitalization of the construction industry will accelerate, with the adoption of tools such as Building Information Modeling (BIM), 3D printing, and drone technology, all of which will make construction processes more efficient. Additionally, AI and robotic technologies will be used to optimize the workforce in construction.
Construction Industry Expectations in Turkey (2025)
- Growth in the Turkish Construction Sector:
The Turkish construction industry is expected to grow by 4-5% by 2025. According to reports by Turkey’s Construction Materials Association (Türkiye İMSAD), growth will be driven by increasing demand in construction materials.
- Public Infrastructure Projects:
Public infrastructure projects in Turkey will continue to play a central role in the sector’s growth in 2025. Major projects, including city hospitals, bridges, highways, and rail systems, will contribute significantly to the industry’s expansion. Additionally, domestic production and export strategies will further accelerate growth in the sector.
- Housing and Urban Transformation:
The housing sector in Turkey is expected to grow significantly through urban transformation projects. Demand for housing will increase by 2025, with the renovation of old buildings and the development of new housing projects providing significant support for the sector.
- Sustainable Construction:
Sustainability is becoming a more prominent focus in Turkey’s construction industry. Green buildings, energy-efficient projects, and environmentally friendly construction practices will be more common. This trend will be supported by the growing adoption of green certifications and the use of renewable energy.
- Technology and Digitalization:
The Turkish construction industry is increasingly embracing digitalization. Construction firms are using more digital tools for project management and design. Major construction companies in Turkey are expected to invest more in BIM and AI-supported projects by 2025.
Conclusion:
The construction industry worldwide will continue to experience growth through 2025, and Turkey will share in this expansion. Infrastructure projects, sustainable construction, technological innovations, and digitalization will be the key growth drivers. In Turkey, urban transformation and public sector projects will play a major role in shaping the sector. Overall, both globally and within Turkey, the construction industry is projected to recover strongly and see significant growth by 2025.
