# US Engineering, Procurement, and Construction Management (EPCM) Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030) > **Industry:** Construction & Infrastructure (Real Estate & Construction) > **Source:** [https://www.mordorintelligence.com/industry-reports/us-engineering-procurement-and-construction-management-market](https://www.mordorintelligence.com/industry-reports/us-engineering-procurement-and-construction-management-market) > **Scraped Date:** 2026-09-17 ## Executive Market Summary | Market Metric | Details | | :--- | :--- | | **Base Market Size** | USD 321.77 billion | | **Projected Forecast (2031)** | USD 321.77 billion | | **Growth Rate (CAGR)** | 14.96% | | **Largest Market Region** | N/A | | **Fastest-Growing Region** | N/A | ## Market Visualizations & Infographics ![Major players in US Engineering, Procurement, And Construction Management (EPCM) industry](images/chart_2.png) ![US EPCM Market size and growth rate (CAGR) chart from 2025 to 2030](images/chart_3.png) ![US Engineering, Procurement, And Construction Management (EPCM) Market: Investment in the national infrastructure project assistance program in the United States, in USD Million, by Project, FY 2023](images/chart_4.png) ![US Engineering, Procurement, And Construction Management (EPCM) Market: Value of investments in renewable energy in the United States, in Billion USD, (2013 - 2022)](images/chart_5.png) ![Market concentration analysis of the US EPCM Market](images/chart_6.png) ![Icon](images/chart_7.png) ![footer background image](images/chart_9.png) ![Vijeron Intelligence on Facebook](images/chart_11.svg) ![Vijeron Intelligence on Pinterest](images/chart_13.svg) ![Vijeron Intelligence on Instagram](images/chart_14.svg) ![ESOMAR](images/chart_16.png) ![GPTW](images/chart_18.png) ## Comprehensive Research Analysis ### Overview Points List Flex 49 Share Feature End Study Period | 2024 - 2030 | Forecast Data Period | 2025 - 2030 | Historical Data Period | | Market Size (2025) | USD 321.77 Billion | Market Size (2030) | USD 646.08 Billion | CAGR (2025 - 2030) | 14.96% | Market Concentration | Medium | Major Players*Disclaimer: Major Players sorted in no particular order | ### Market Overview Section US Engineering, Procurement, And Construction Management (EPCM) Market Analysis by Vijeron IntelligenceThe US Engineering, Procurement, And Construction Management Market size is estimated at USD 321.77 billion in 2025, and is expected to reach USD 646.08 billion by 2030, at a CAGR of 14.96% during the forecast period (2025-2030). The engineering, procurement, and construction management (EPCM) market in the United States plays a pivotal role in the nation's infrastructure and industrial landscape. It boasts multi-billion dollar revenues and a consistent growth trajectory, primarily fueled by substantial investments in infrastructure upgrades, renewable energy ventures, and industrial expansions. Notably, government initiatives, exemplified by the Infrastructure Investment and Jobs Act, channel significant capital into transportation, utilities, and the burgeoning smart city sector. Furthermore, the nation's pivot toward sustainable energy, encompassing wind, solar, and energy storage, bolsters the project pipeline for EPC firms. This momentum is further fueled by the imperative for modernizing manufacturing plants and the expanding need for healthcare and data center infrastructure. Despite its promising outlook, the US EPC market grapples with challenges that could impede its growth. Regulatory intricacies, labor scarcities, escalating material prices, and inflationary pressures pose notable hurdles. However, amid these obstacles, the market presents a range of opportunities, especially in the realms of smart infrastructure, renewable energy, and cutting-edge manufacturing. Noteworthy industry players like Bechtel, Fluor, and Jacobs Engineering are at the forefront, harnessing technologies like building information modeling (BIM), IoT, and AI to elevate project efficiency and sustainability. Therefore, the US EPC market is poised for further expansion, buoyed by governmental backing, technological strides, and an escalating appetite for contemporary infrastructure. ### Market Trends Section Component 4 US Engineering, Procurement, And Construction Management (EPCM) Market Trends and InsightsInvestments in Infrastructure are Poised to Propel the EPCM SectorInfrastructure investment in the United States, especially in the engineering, procurement, and construction (EPC) sector, is pivotal for economic growth and modernization. The country is channeling significant funds into enhancing transportation networks, public utilities, and other crucial infrastructure to keep pace with a growing population and advancing technology. In 2023, the President and Transportation Secretary unveiled that the Biden-Harris Administration had allocated nearly USD 1.2 billion from the new National Infrastructure Project Assistance (Mega) discretionary grant program to nine national projects. These initiatives aim to bolster the economy, create well-paying jobs, fortify supply chains, enhance resident mobility, and elevate the safety of the transportation systems. The Mega grant initiative, a product of President Biden's landmark infrastructure legislation, is tailored for projects that outstrip conventional funding programs in scale or complexity. Eligible ventures include highways, bridges, ports, and public transportation. By 2026, the Mega program is expected to infuse a total of USD 5 billion into revamping the US infrastructure, with a focus on benefiting current and future generations. In the latest application round, the US Department of Transportation fielded requests totaling around USD 30 billion, far surpassing the available USD 1 billion in 2022. Notable projects include: USD 292 million for Hudson Yards Concrete Casing, Section 3 (New York): This funding will complete the final section of the concrete casing, securing the right-of-way for the new Hudson River Tunnel and setting the stage for the Gateway Project. The Hudson Tunnel initiative, upon fruition, promises improved commute times, enhanced Amtrak reliability on the Northeast Corridor (NEC), and a boost to the regional economy, which houses 17% of the US population. Amtrak anticipates the project will create 72,000 jobs during construction, with a focus on union partnerships for job training. USD 250 million for Brent Spence Bridge improvements (Cincinnati, OH, and Covington, KY): This vital freight corridor, spanning the Ohio River, witnesses over USD 400 billion in annual freight movement and is notorious for its truck bottlenecks. The Mega grant will facilitate essential upgrades to the Brent Spence Bridge and the construction of a new bridge alongside the existing one, aimed at alleviating congestion and enhancing travel time reliability, thus bolstering the regional economy. Overall, infrastructure investment in the United States, especially in the EPC sector, is pivotal in driving economic growth and modernization. The Biden-Harris Administration's commitment is evident in allocating nearly USD 1.2 billion from the National Infrastructure Project Assistance (Mega) discretionary grant program. Noteworthy projects like the Hudson River Tunnel and Brent Spence Bridge highlight the administration's focus on bolstering transportation networks, job creation, and supply chain resilience. With the Mega program eyeing a USD 5 billion investment by 2026, the nation is poised to witness enhanced mobility, safety, and economic robustness, benefiting current and future generations. Image © Vijeron Intelligence. Reuse requires attribution under CC BY 4.0. ### Market Trends Section The Power and Utilities Sector is Experiencing a Surge in DemandIn 2023, the US power and utilities sector significantly advanced its decarbonization efforts, achieving record solar and energy storage installations. This progress, bolstered by pivotal clean energy and climate legislation, continued into 2024. While the sector's fundamentals were a mixed bag, electricity sales were forecasted to dip by approximately 1.2% YoY by the end of 2023, primarily due to a mild winter. Supply chain challenges began to ease, yet persistent shortages of key materials like steel and transformers disrupted operations and drove up costs. Many regions saw a drop in wholesale electricity prices, largely attributed to a 53% YoY decrease in natural gas costs for power generation in 2023. However, since not all utilities procure electricity from wholesale markets and fuel expenses are just one component of customer bills, the correlation with price movements may not be direct. In 2023, major electric and gas utilities collectively spent nearly USD 171 billion on grid modernization and decarbonization, setting a new record. Coupled with anticipated future spending and rising interest rates, these high capital outlays could translate to increased customer bills. In 2024, electricity prices are anticipated to hold steady, while sales are projected to increase by around 2%. Supply chain disruptions are expected to resolve gradually. The momentum for clean energy initiatives, supported by various catalysts, is likely to persist. A growing number of US electric firms have accelerated their carbon reduction targets, aiming for an 80% cut by 2030, shifting from the previous "net zero by 2050" goal. By August 2023, on the first anniversary of the Inflation Reduction Act (IRA), investors had already earmarked over USD 122 billion for clean energy generation and an additional USD 110 billion for bolstering domestic clean energy manufacturing. In 2023, the Infrastructure Investment and Jobs Act (IIJA) allocated billions for enhancing grid reliability, battery supply chains, EV programs, and energy efficiency. The US Energy Information Administration (EIA) expected a significant surge in utility-scale solar installations of more than doubling to 24 gigawatts in 2023, followed by an additional 36 GW in 2024. Its projections also indicated a rise in the renewable electricity share from 22% in 2023 to nearly 25% in 2024. Overall, the US power and utilities sector made significant strides in decarbonization and clean energy adoption, supported by substantial legislative backing and record investments. Despite facing supply chain challenges and a forecasted dip in electricity sales, the sector is poised for steady electricity prices and increased sales in 2024, with continued momentum toward ambitious carbon reduction goals. Image © Vijeron Intelligence. Reuse requires attribution under CC BY 4.0. ### Industry Overview Section Component 6 Competitive LandscapeThe US EPCM market exhibits moderate market concentration, driven by the presence of several large multinational firms and significant merger and acquisition activities. The competitive landscape is dynamic, with ongoing technological advancements and government policies shaping the market structure. Prominent entities in this sector include Fluor Corporation, McDermott International Ltd, Jacobs Engineering Group, Bechtel Corporation, and Kiewit Corporation. ### Segmentation Toc Component 11 US Engineering, Procurement, And Construction Management (EPCM) Market Report ScopeThe engineering, procurement, and construction management (EPCM) market offers services encompassing diverse industries' project planning, design, procurement, construction, and management. The US engineering, procurement, and construction management (EPCM) market is segmented by service (engineering, procurement, construction, and other services) and sector (residential, commercial, industrial, infrastructure [transportation], and energy and utilities). The report offers market size forecasts for the engineering, procurement, and construction management (EPCM) market in value (USD) for all the above segments. By ServiceEngineering | Procurement | Construction | Other Services | ### Segmentation Accordion Item By SectorResidential Industrial, Infrastructure (Transportation), and Energy and Utilities | Industrial | Infrastructure (Transportation) | Energy and Utilities | ## Frequently Asked Questions #### How big is the US Engineering, Procurement, And Construction Management Market? The US Engineering, Procurement, And Construction Management Market size is expected to reach USD 321.77 billion in 2025 and grow at a CAGR of 14.96% to reach USD 646.08 billion by 2030. #### What is the current US Engineering, Procurement, And Construction Management Market size? In 2025, the US Engineering, Procurement, And Construction Management Market size is expected to reach USD 321.77 billion. #### Who are the key players in US Engineering, Procurement, And Construction Management Market? Fluor Corporation, McDermott International, Ltd,, Jacobs Engineering Group, Bechtel Corporation and Kiewit Corporation are the major companies operating in the US Engineering, Procurement, And Construction Management Market. #### What years does this US Engineering, Procurement, And Construction Management Market cover, and what was the market size in 2024? In 2024, the US Engineering, Procurement, And Construction Management Market size was estimated at USD 273.63 billion. The report covers the US Engineering, Procurement, And Construction Management Market historical market size for years: 2024. The report also forecasts the US Engineering, Procurement, And Construction Management Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.