$62.4bn
$X.Xbn
167k
16,803
$XX.Xbn
Water and sewer line construction has picked up over the past five years as more water mains, sewer systems and water treatment plants have been constructed, repaired and renovated to carry potable water to and wastewater away from residential and nonresidential buildings. Industry revenue is expected to grow at a CAGR of 1.6% to $62.4 billion over the five years to 2023, including a 0.1% increase in 2023 alone. This growth is notably spurred on by historically low interest rates that incentivized capital investment early in the current period. Nevertheless, with rising interest rates and economic uncertainties post COVID-19, a shift towards revenue earned from repair and maintenance projects can be observed as larger construction projects become financially unviable.
Industry revenue has grown at a CAGR of 1.6 % over the past five years, to reach an estimated $62.4bn in 2023.
Market size is projected to grow over the next five years.
Company | Market Share (%)
2023 | Revenue ($m)
2023 | Profit ($m)
2023 | Profit Margin (%)
2023 |
---|---|---|---|---|
CDM Smith Inc. | 871.9 | 48.8 | 5.6 | |
Aecom | 606.4 | 26.3 | 4.3 | |
McCarthy Holdings Inc. | 400.0 | 22.4 | 5.6 |
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Industry revenue is measured across several distinct product and services lines, including Sewer lines and other sewer infrastructure , Water mains and other water supply infrastructure and Sewage and water treatment plants . Sewer lines and other sewer infrastructure is the largest segment of the Water & Sewer Line Construction in the US.
Investment in water mains, storage and wells is flowing at a steady rate
This industry comprises contractors that are responsible for the construction, reconstruction and repair of water mains, sewers, drains, aqueducts, pumping stations, treatment plants and storage tanks. It also includes construction management companies and special trade contractors that are involved in water and sewer line construction. All structures that are integral parts of water and sewer networks are included in this industry.
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NAICS 23711 - Water & Sewer Line Construction in the US
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
The water and sewer line construction industry's primary source of growth has been low interest rates, which made investing in these capital-intensive infrastructure projects ...
Learn about an industry's products and services, markets and trends in international trade.
The water and sewer line construction industry has shifted from new construction to optimizing and maintaining existing facilities. Also, less investment going toward sewer a...
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Water and sewer line contractors locate near downstream markets, making the Southeast the most popular choice to set up establishments. This region also has one-quarter of th...
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Competitive pricing is key to attracting customers in a relatively low-margin industry. Water and sewer line contractors must also be able to deliver a wide range of services...
Learn about the performance of the top companies in the industry.
The industry is highly fragmented. Still, CDM Smith is a strong player with a higher-than-average amount of employees.
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Water and sewer line contractors are subject to many installation standards and building codes. Contractors are required to maintain quality certification under ISO 9002.
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Purchases are the largest cost for water and sewer line contractors. Primary purchase costs include materials, components, supplies and subcontracted labor.
Including values and annual change:
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Key data sources in the US include:
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These sources include:
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The market size of the Water & Sewer Line Construction in the US industry in United States is $62.4bn in 2024.
There are 16,803 businesses in the Water & Sewer Line Construction in the US industry in United States, which has grown at a CAGR of 1.3 % between 2018 and 2023.
The market size of the Water & Sewer Line Construction in the US industry in United States has been growing at a CAGR of 1.6 % between 2018 and 2023.
Over the next five years, the Water & Sewer Line Construction in the US industry in United States is expected to grow.
The biggest companies operating in the Water & Sewer Line Construction market in United States are CDM Smith Inc., Aecom and McCarthy Holdings Inc.
Water main construction and Sewer construction are part of the Water & Sewer Line Construction in the US industry.
The company holding the most market share in United States is CDM Smith Inc..
The level of competition is moderate and steady in the Water & Sewer Line Construction in the US industry in United States.