In 2022, the education market ranked fifth among nonresidential design & construction spending at $99 billion, accounting for 11% of total spending for the year, according to the U.S. Census Bureau. The education market plays a critical role in educating the next generation and remains one of the largest markets by investment dollars. Project delivery types for K-12 and higher education sectors are expansive and could include classrooms, laboratories, campuses, student unions, dining centers, stadiums and arenas, mixed-use facilities, utility plants and related energy projects like EV infrastructure, parking facilities, student and faculty housing and affiliated healthcare institutions.
This brief also features a business development insight on DOE’s “Renew America’s Schools” program, alternative fuel charging infrastructure opportunities, and more.