Market Share of Asia Pacific Architectural Services Industry
The Asia Pacific architectural services market is moderately competitive and is growing in competition with the entry of an increased number of players. The market consists of a significant number of local and global players. The players focus on expanding their client base across the region and adopting organic and inorganic growth strategies. Some major players operating in the market include IBI Group Inc., AECOM Ltd., Aedas Architects Ltd, and HDR Architecture Inc., among others.
In December 2022, Zaha Hadid Architects and Architects 61 unveiled the design for the new Science Center in Jurong Lake District, Singapore. The 52,460 square meters complex aims to make science, technology, engineering, and mathematics (STEM) more accessible through educational programs, specialized amenities, and interactive experiences. According to the company, the building is expected to open in 2027.
In November 2022, the Department of Architecture, under the National University of Singapore College of Design and Engineering (NUS CDE), opened the new Architectural Conservation Laboratory (ArClab). It is a unique living laboratory housed in a conserved building. It will serve as a site for researchers, built heritage professionals, and graduate students to conduct a wide range of teaching and research activities on sustainable development of the built environment.
Asia Pacific Architectural Services Market Leaders
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IBI Group Inc.
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Aedas Architects Ltd
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AECOM Ltd.
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HDR Architecture Inc.
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Arup Group Limited
*Disclaimer: Major Players sorted in no particular order
