Private Equity Sector Brief: Nonresidential Architecture
The U.S. nonresidential architecture market is approaching $76 billion by 2030, yet remains spread across more than 68,000 firms. FMI's sector brief breaks down the market sizing, demand drivers, and M&A activity shaping the next wave of private equity consolidation.
Key Takeaways
- The U.S. nonresidential architecture market is approximately $60 billion and projected to reach roughly $76 billion by 2030, representing a 6.2% CAGR over the forecast period.
- Demand is concentrated in commercial/office (29%); institutional, including education and healthcare (26%); manufacturing (21%); and transportation infrastructure (10%).
- Institutional end markets are most attractive: Demand is supported by stable end markets, complex project requirements and recurring renovation needs that create consistent project flow and nurture long-term client relationships.
Demand for architectural services is driven by a combination of structural factors tied to demographic growth, infrastructure needs and regulatory requirements, along with secondary factors that influence project starts, funding visibility and service delivery. These dynamics support both new construction and reoccurring renovation activity across nonresidential end markets.
Access the full report to understand the market drivers, opportunities and ways private equity can invest in the space.
