-
Sector Analysis
NewThailand Construction Market Size, Trend Analysis by Sector, Competitive Landscape and Forecast to 2028
Thailand Construction Market Report Overview The Thailand construction market size was $25.3 billion in 2023. The market will achieve an AAGR of more than 4% during 2025-2028. The government’s focus on the development of tourism infrastructure, energy generation and housing projects will fuel the market growth during the forecast period. Thailand Construction Market Outlook, 2023-2028 ($ Billion) Buy the Full Report to Know More about the Thailand Construction Market Forecast Download a Free Report Sample The Thailand construction market research...
-
Sector Analysis
NewAzerbaijan Construction Market Size, Trend Analysis by Sector, Competitive Landscape and Forecast to 2028
GlobalData expects the construction industry in Azerbaijan to contract by 2.8% in real terms in 2024, following an estimated annual growth of 10.9% in 2023, with activity constrained by a decline in exports and mining activity. According to the State Statistical Committee of the Republic of Azerbaijan, the country’s exports fell by 15.6% year on year (YoY) in the first ten months of 2023, down from an annual growth of 71.8% in 2022. The value add of mining and quarrying...
-
Sector Analysis
NewChina Construction Market Size, Trend Analysis by Sector, Competitive Landscape and Forecast to 2028
The Chinese construction industry is expected to expand by 4% in real terms in 2024, driven by infrastructure and energy and utilities construction. According to the National Bureau of Statistics (NBS), the construction industry's business activity index increased to a score of 56.9 in December 2023, up from scores of 55 in November and 53.5 in October 2023, indicating robust activity in the industry as scores above 50 represent growth. In addition, 25 of 31 Chinese provinces recorded Y-o-Y growth...
-
Analyst Opinions
NewBridge Construction Project Insights and Analytics (Q1 2024)
This report provides a detailed analysis of bridge construction projects globally, based on projects tracked by GlobalData. The global bridge construction projects pipeline, which mainly comprises bridge projects specifically but also includes other road or rail projects with a significant bridge component, is valued at $375 billion – marginally higher than the pipeline value in Q4 2023. North America accounts for the largest share of global value, with a pipeline valued at $117.9 billion. The bridge project pipeline in South-East...
-
Sector Analysis
NewUnited States (US) Construction Market Size, Trend Analysis by Sector, Competitive Landscape and Forecast to 2028
GlobalData expects the US construction industry to grow by 1.5% in real terms in 2024, following an annual growth rate of 1% in 2023. Growth in the industry's output through 2024 will be driven by increased spending in the non-residential construction sectors, combined with increased investments in manufacturing and transportation projects. As of early February 2024, the White House reported that private companies had pledged to invest $642 billion as part of the "Manufacturing the Future" program, with an additional...
-
Sector Analysis
NewIndonesia Construction Market Size, Trend Analysis by Sector, Competitive Landscape and Forecast to 2028
The construction industry in Indonesia is expected to expand by 4.2% in real terms in 2024, supported by rising foreign investment and an improvement in business confidence and economic conditions. In September 2023, the government approved the 2024 budget, which includes an expenditure of IDR3.3 quadrillion ($220 billion). The major allocations within the latest budget include IDR660.8 trillion ($43.3 billion) for education, IDR422.7 trillion ($27.6 billion) for infrastructure, and IDR186.4 trillion ($12.2 billion) for health. Over the remainder of the...
-
Analyst Opinions
NewPort Construction Project Insights and Analytics (Q1 2024)
This report provides a detailed analysis of port construction projects globally, based on projects tracked by GlobalData. GlobalData is currently tracking port construction projects globally, from the early pre-planning stages (of announcement and study) through to execution, with a combined value of $497 billion – a marginal decline from the value of $501.5 billion in our Q4 2023 update. South-East Asia has the highest share of the pipeline value, standing at $84.5 billion, followed by Middle East and North Africa...
-
Sector Analysis
NewPhilippines Construction Market Size, Trend Analysis by Sector, Competitive Landscape and Forecast to 2028
GlobalData expects the construction industry in the Philippines to expand by 7% in real terms in 2024, supported by the government’s focus on infrastructure and energy development. As part of the 2024 State Budget announced in December 2023, the government allocated PHP214.3 billion ($3.8 billion) for infrastructure programs, under which, major transportation infrastructure projects such as development of the North-South Commuter Railway, the Metro Manila Subway Phase 1, the LRT-1 (Light Rail Transit) Cavite Extension, and the PNR South Long...
-
Sector Analysis
NewChile Construction Market Size, Trend Analysis by Sector, Competitive Landscape and Forecast to 2028
GlobalData expects Chile’s construction industry to record subdued growth of 0.8% in real terms in 2024 as the country continues to face the effects of elevated inflation, such as the rising cost of both materials and labour. To combat the rising inflation, the Chilean central bank (Banco Central de Chile) has used contractionary monetary policy, through the medium of increased interest rates to try and return inflation to the target range of 2%-4%. Despite disinflation throughout 2023, inflation has remained...
-
Analyst Opinions
NewLeisure and Hospitality Construction Project Insights and Analytics (Q1 2024)
This report provides a detailed analysis of leisure and hospitality construction projects globally, based on projects tracked by GlobalData. GlobalData is currently tracking leisure and hospitality buildings projects with a total value of $1.85 trillion in the pipeline, increasing marginally from $1.84 trillion in Q4 2023. This comprises hotel and resorts projects in addition to mixed-use developments that include a significant component of leisure and hospitality-related projects. The pipeline comprises projects with a minimum value of $25 million, of which...
Testimonial
“The GlobalData platform is our go-to tool for intelligence services. GlobalData provides an easy way to access comprehensive intelligence data around multiple sectors, which essentially makes it a one-for-all intelligence platform, for tendering and approaching customers.
GlobalData is very customer orientated, with a high degree of personalised services, which benefits everyday use. The highly detailed project intelligence and forecast reports can be utilised across multiple departments and workflow scopes, from operational to strategic level, and often support strategic decisions. GlobalData Analytics and visualisation solutions has contributed positively when preparing management presentations and strategic papers.”
“COVID-19 has caused significant interference to our business and the COVID-19 intelligence from GlobalData has helped us reach better decisions around strategy. These two highlights have helped enormously to understand the projections into the future concerning our business units, we also utilise the project database to source new projects for Liebherr-Werk to use as an additional source to pitch for new business.”