The Asia Pacific Architectural Services Market would witness market growth of 4.7% CAGR during the forecast period (2021-2027). The architecture sector has witnessed advancements that capitalizing on the existing technology. A variety of services from blueprint designing to consulting can be conducted using electronic communication platforms.
The implementation of new technologies assisting these services is possible even from remote locations. Thus, it will establish new cross-border business opportunities. The demand for architectural services such as consultations is expected to rise in coming years, with specialized construction projects undertaken across the globe, subsequently augmenting the market growth.
The Asia Pacific dominated the market of Architectural services in 2020 and it has a significant market share. China and India majorly influence the economy of APAC. The government of these counties is focused to invest more in smart city construction. For example, the Government of India has planned to set up 100 smart cities by 2025. This project requires an investment of $2 trillion. Likewise, the government of China has invested more than $65 billion in smart city construction. In addition to it, the rapid growth of the real estate sector in order to provide the required infrastructure is one of the major factors that lead to growing needs in architectural services in this region. A report given by IBEF states that the Indian real estate sector is anticipated to see enormous growth in the coming 10 years with a market size of more than $1 trillion. Such large investments and projects will create new opportunities in the market of architectural services in the forecast period.
the COVID-19 outbreak has negatively impacted the market. It slowed down the market growth since it delayed many projects due to stringent measures adopted in order to stop the spread of the virus and individuals are forced to remain quarantine for a longer period of time. The supply chain also disrupted during the pandemic, and numerous auctions related to infrastructure projects were also postponed to avoid risks of virus contamination. So, the COVID-19 pandemic has created several challenges to the growth of architectural services market.
The Industrial market dominated the Malaysia Architectural Services Market by End User 2020, thereby, achieving a market value of $3,585.8 million by 2027. The Government market is exhibiting a CAGR of 6.9% during (2021 - 2027). Additionally, The Healthcare market is estimated to witness a CAGR of 9.2% during (2021 - 2027).
Based on Service Type, the market is segmented into Construction & Project Management Services, Architectural Advisory Services, Interior Design Services, Urban Planning Services, Engineering Services and Others. Based on End User, the market is segmented into Industrial, Government, Healthcare, Residential, Retail, Hospitality, Education and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Architectural Services Market is Projected to reach USD 470 Billion by 2027, at a CAGR of 4.7%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include AECOM, IBI Group, Inc., Foster + Partners Group Limited, Gensler, HKS, Inc., PCL Industrial Constructors, Inc., HDR, Inc., HOK Group, Inc., DP Architects Pte. Ltd., and Aedas.
Scope of the Study
Market Segments Covered in the Report:
By Service Type
- Construction & Project Management Services
- Architectural Advisory Services
- Interior Design Services
- Urban Planning Services
- Engineering Services
- Others
By End User
- Industrial
- Government
- Healthcare
- Residential
- Retail
- Hospitality
- Education
- Others
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- AECOM
- IBI Group, Inc.
- Foster + Partners Group Limited
- Gensler
- HKS, Inc.
- PCL Industrial Constructors, Inc.
- HDR, Inc.
- HOK Group, Inc.
- DP Architects Pte. Ltd.
- Aedas
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Architectural Services Market, by Service Type
1.4.2 Asia Pacific Architectural Services Market, by End User
1.4.3 Asia Pacific Architectural Services Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.2 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
2.2.3 Market Challenges
Chapter 3. Asia Pacific Architectural Services Market by End User
3.1 Asia Pacific Industrial Architectural Services Market by Country
3.2 Asia Pacific Government Architectural Services Market by Country
3.3 Asia Pacific Healthcare Architectural Services Market by Country
3.4 Asia Pacific Residential Architectural Services Market by Country
3.5 Asia Pacific Retail Architectural Services Market by Country
3.6 Asia Pacific Hospitality Architectural Services Market by Country
3.7 Asia Pacific Education Architectural Services Market by Country
3.8 Asia Pacific Other End User Architectural Services Market by Country
Chapter 4. Asia Pacific Architectural Services Market by Service Type
4.1 Asia Pacific Construction & Project Management Services Architectural Services Market by Country
4.2 Asia Pacific Architectural Advisory Services Architectural Services Market by Country
4.3 Asia Pacific Interior Design Services Architectural Services Market by Country
4.4 Asia Pacific Urban Planning Services Architectural Services Market by Country
4.5 Asia Pacific Engineering Services Architectural Services Market by Country
4.6 Asia Pacific Others Architectural Services Market by Country
Chapter 5. Asia Pacific Architectural Services Market by Country
5.1 China Architectural Services Market
5.1.1 China Architectural Services Market by End User
5.1.2 China Architectural Services Market by Service Type
5.2 Japan Architectural Services Market
5.2.1 Japan Architectural Services Market by End User
5.2.2 Japan Architectural Services Market by Service Type
5.3 India Architectural Services Market
5.3.1 India Architectural Services Market by End User
5.3.2 India Architectural Services Market by Service Type
5.4 South Korea Architectural Services Market
5.4.1 South Korea Architectural Services Market by End User
5.4.2 South Korea Architectural Services Market by Service Type
5.5 Singapore Architectural Services Market
5.5.1 Singapore Architectural Services Market by End User
5.5.2 Singapore Architectural Services Market by Service Type
5.6 Malaysia Architectural Services Market
5.6.1 Malaysia Architectural Services Market by End User
5.6.2 Malaysia Architectural Services Market by Service Type
5.7 Rest of Asia Pacific Architectural Services Market
5.7.1 Rest of Asia Pacific Architectural Services Market by End User
5.7.2 Rest of Asia Pacific Architectural Services Market by Service Type
Chapter 6. Company Profiles
6.1 AECOM
6.1.1 Company Overview
6.1.2 Financial Analysis
6.1.3 Regional Analysis
6.1.4 Recent strategies and developments:
6.1.4.1 Partnerships, Collaborations, and Agreements:
6.1.4.2 Acquisition and Mergers:
6.2 IBI Group, Inc.
6.2.1 Company Overview
6.2.2 Financial Analysis
6.2.3 Segmental and Regional Analysis
6.2.4 Recent strategies and developments:
6.2.4.1 Acquisition and Mergers:
6.3 Foster + Partners Group Limited
6.3.1 Company Overview
6.3.2 Recent strategies and developments:
6.3.2.1 Partnerships, Collaborations, and Agreements:
6.3.2.2 Geographical Expansions:
6.4 Gensler
6.4.1 Company Overview
6.4.2 Recent strategies and developments:
6.4.2.1 Geographical Expansions:
6.5 HKS, Inc.
6.5.1 Company Overview
6.5.2 Recent strategies and developments:
6.5.2.1 Partnerships, Collaborations, and Agreements:
6.6 PCL Industrial Constructors, Inc.
6.6.1 Company Overview
6.6.2 Recent strategies and developments:
6.6.2.1 Partnerships, Collaborations, and Agreements:
6.7 HDR, Inc.
6.7.1 Company Overview
6.7.2 Recent strategies and developments:
6.7.2.1 Acquisition and Mergers:
6.8 HOK Group, Inc.
6.8.1 Company Overview
6.8.2 Recent strategies and developments:
6.8.2.1 Partnerships, Collaborations, and Agreements:
6.9 DP Architects Pte. Ltd.
6.9.1 Company Overview
6.10. Aedas
6.10.1 Company Overview
6.10.2 Recent strategies and developments:
6.10.2.1 Partnerships, Collaborations, and Agreements:
TABLE 1 Asia Pacific Architectural Services Market, 2017 - 2020, USD Million
TABLE 2 Asia Pacific Architectural Services Market, 2021 - 2027, USD Million
TABLE 3 Asia Pacific Architectural Services Market by End User, 2017 - 2020, USD Million
TABLE 4 Asia Pacific Architectural Services Market by End User, 2021 - 2027, USD Million
TABLE 5 Asia Pacific Industrial Architectural Services Market by Country, 2017 - 2020, USD Million
TABLE 6 Asia Pacific Industrial Architectural Services Market by Country, 2021 - 2027, USD Million
TABLE 7 Asia Pacific Government Architectural Services Market by Country, 2017 - 2020, USD Million
TABLE 8 Asia Pacific Government Architectural Services Market by Country, 2021 - 2027, USD Million
TABLE 9 Asia Pacific Healthcare Architectural Services Market by Country, 2017 - 2020, USD Million
TABLE 10 Asia Pacific Healthcare Architectural Services Market by Country, 2021 - 2027, USD Million
TABLE 11 Asia Pacific Residential Architectural Services Market by Country, 2017 - 2020, USD Million
TABLE 12 Asia Pacific Residential Architectural Services Market by Country, 2021 - 2027, USD Million
TABLE 13 Asia Pacific Retail Architectural Services Market by Country, 2017 - 2020, USD Million
TABLE 14 Asia Pacific Retail Architectural Services Market by Country, 2021 - 2027, USD Million
TABLE 15 Asia Pacific Hospitality Architectural Services Market by Country, 2017 - 2020, USD Million
TABLE 16 Asia Pacific Hospitality Architectural Services Market by Country, 2021 - 2027, USD Million
TABLE 17 Asia Pacific Education Architectural Services Market by Country, 2017 - 2020, USD Million
TABLE 18 Asia Pacific Education Architectural Services Market by Country, 2021 - 2027, USD Million
TABLE 19 Asia Pacific Other End User Architectural Services Market by Country, 2017 - 2020, USD Million
TABLE 20 Asia Pacific Other End User Architectural Services Market by Country, 2021 - 2027, USD Million
TABLE 21 Asia Pacific Architectural Services Market by Service Type, 2017 - 2020, USD Million
TABLE 22 Asia Pacific Architectural Services Market by Service Type, 2021 - 2027, USD Million
TABLE 23 Asia Pacific Construction & Project Management Services Architectural Services Market by Country, 2017 - 2020, USD Million
TABLE 24 Asia Pacific Construction & Project Management Services Architectural Services Market by Country, 2021 - 2027, USD Million
TABLE 25 Asia Pacific Architectural Advisory Services Architectural Services Market by Country, 2017 - 2020, USD Million
TABLE 26 Asia Pacific Architectural Advisory Services Architectural Services Market by Country, 2021 - 2027, USD Million
TABLE 27 Asia Pacific Interior Design Services Architectural Services Market by Country, 2017 - 2020, USD Million
TABLE 28 Asia Pacific Interior Design Services Architectural Services Market by Country, 2021 - 2027, USD Million
TABLE 29 Asia Pacific Urban Planning Services Architectural Services Market by Country, 2017 - 2020, USD Million
TABLE 30 Asia Pacific Urban Planning Services Architectural Services Market by Country, 2021 - 2027, USD Million
TABLE 31 Asia Pacific Engineering Services Architectural Services Market by Country, 2017 - 2020, USD Million
TABLE 32 Asia Pacific Engineering Services Architectural Services Market by Country, 2021 - 2027, USD Million
TABLE 33 Asia Pacific Others Architectural Services Market by Country, 2017 - 2020, USD Million
TABLE 34 Asia Pacific Others Architectural Services Market by Country, 2021 - 2027, USD Million
TABLE 35 Asia Pacific Architectural Services Market by Country, 2017 - 2020, USD Million
TABLE 36 Asia Pacific Architectural Services Market by Country, 2021 - 2027, USD Million
TABLE 37 China Architectural Services Market, 2017 - 2020, USD Million
TABLE 38 China Architectural Services Market, 2021 - 2027, USD Million
TABLE 39 China Architectural Services Market by End User, 2017 - 2020, USD Million
TABLE 40 China Architectural Services Market by End User, 2021 - 2027, USD Million
TABLE 41 China Architectural Services Market by Service Type, 2017 - 2020, USD Million
TABLE 42 China Architectural Services Market by Service Type, 2021 - 2027, USD Million
TABLE 43 Japan Architectural Services Market, 2017 - 2020, USD Million
TABLE 44 Japan Architectural Services Market, 2021 - 2027, USD Million
TABLE 45 Japan Architectural Services Market by End User, 2017 - 2020, USD Million
TABLE 46 Japan Architectural Services Market by End User, 2021 - 2027, USD Million
TABLE 47 Japan Architectural Services Market by Service Type, 2017 - 2020, USD Million
TABLE 48 Japan Architectural Services Market by Service Type, 2021 - 2027, USD Million
TABLE 49 India Architectural Services Market, 2017 - 2020, USD Million
TABLE 50 India Architectural Services Market, 2021 - 2027, USD Million
TABLE 51 India Architectural Services Market by End User, 2017 - 2020, USD Million
TABLE 52 India Architectural Services Market by End User, 2021 - 2027, USD Million
TABLE 53 India Architectural Services Market by Service Type, 2017 - 2020, USD Million
TABLE 54 India Architectural Services Market by Service Type, 2021 - 2027, USD Million
TABLE 55 South Korea Architectural Services Market, 2017 - 2020, USD Million
TABLE 56 South Korea Architectural Services Market, 2021 - 2027, USD Million
TABLE 57 South Korea Architectural Services Market by End User, 2017 - 2020, USD Million
TABLE 58 South Korea Architectural Services Market by End User, 2021 - 2027, USD Million
TABLE 59 South Korea Architectural Services Market by Service Type, 2017 - 2020, USD Million
TABLE 60 South Korea Architectural Services Market by Service Type, 2021 - 2027, USD Million
TABLE 61 Singapore Architectural Services Market, 2017 - 2020, USD Million
TABLE 62 Singapore Architectural Services Market, 2021 - 2027, USD Million
TABLE 63 Singapore Architectural Services Market by End User, 2017 - 2020, USD Million
TABLE 64 Singapore Architectural Services Market by End User, 2021 - 2027, USD Million
TABLE 65 Singapore Architectural Services Market by Service Type, 2017 - 2020, USD Million
TABLE 66 Singapore Architectural Services Market by Service Type, 2021 - 2027, USD Million
TABLE 67 Malaysia Architectural Services Market, 2017 - 2020, USD Million
TABLE 68 Malaysia Architectural Services Market, 2021 - 2027, USD Million
TABLE 69 Malaysia Architectural Services Market by End User, 2017 - 2020, USD Million
TABLE 70 Malaysia Architectural Services Market by End User, 2021 - 2027, USD Million
TABLE 71 Malaysia Architectural Services Market by Service Type, 2017 - 2020, USD Million
TABLE 72 Malaysia Architectural Services Market by Service Type, 2021 - 2027, USD Million
TABLE 73 Rest of Asia Pacific Architectural Services Market, 2017 - 2020, USD Million
TABLE 74 Rest of Asia Pacific Architectural Services Market, 2021 - 2027, USD Million
TABLE 75 Rest of Asia Pacific Architectural Services Market by End User, 2017 - 2020, USD Million
TABLE 76 Rest of Asia Pacific Architectural Services Market by End User, 2021 - 2027, USD Million
TABLE 77 Rest of Asia Pacific Architectural Services Market by Service Type, 2017 - 2020, USD Million
TABLE 78 Rest of Asia Pacific Architectural Services Market by Service Type, 2021 - 2027, USD Million
TABLE 79 key information – AECOM
TABLE 80 key information – IBI Group, Inc.
TABLE 81 key information – Foster + Partners Group Limited
TABLE 82 key information – Gensler
TABLE 83 key information – HKS, Inc.
TABLE 84 key information – PCL Industrial Constructors, Inc.
TABLE 85 key information – HDR, Inc.
TABLE 86 key information – HOK Group, Inc.
TABLE 87 key information – DP Architects Pte. Ltd.
TABLE 88 key information – Aedas
List of Figures
FIG 1 Methodology for the research
FIG 2 Recent strategies and developments: AECOM
FIG 3 Recent strategies and developments: Foster + Partners Group Limited