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Sector Analysis
South Korea Construction Market Size, Trend Analysis by Sector, Competitive Landscape and Forecast to 2030 (Q3 2026)
GlobalData has revised down its growth forecast for the South Korean construction industry for 2026, with the industry now expected to shrink by 2.1% in real terms this year—down from a previous growth forecast of 0.2%. This downward revision is attributed to continued weakness in building construction activity and a decline in construction permits. According to preliminary data released by the Korean Statistical Information Service (KOSIS), the total number of construction permits issued fell by 1.9% year-on-year (YoY) in the...
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Sector Analysis
Project Insight: Global Stadium and Arena Construction Projects - Special Report 2026
This report provides a detailed analysis of stadium and arena construction projects globally, based on projects tracked by GlobalData. GlobalData is currently tracking global Stadium and Arena construction projects with a total value of $357 billion (including all projects from announced to execution stage). The Americas region accounts for the highest share, with a combined project pipeline valued at $139 billion, ahead of Asia-Pacific ($117 billion). Europe accounts for $64.7 billion of projects and Middle East and Africa (MEA) accounts...
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Sector Analysis
Bahrain Construction Market Size, Trend Analysis by Sector, Competitive Landscape and Forecast to 2030 (H2 2026)
GlobalData has revised down its growth for Bahrain’s construction industry in 2026 from its previous estimate of 4.4% to 1.8%, owing to the anticipated impact on construction activities, due to supply chain disruptions and rise in energy costs, arising from the regional conflict following the US and Israeli attacks on Iran in February 2026. Devastating drone and missile strikes between February and March 2026 by Iran damaged Bahrain’s energy infrastructure, by destroying the Bapco Sitra Refinery, Saudi oil pipeline, Awali...
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Sector Analysis
Portugal Construction Market Size, Trend Analysis by Sector, Competitive Landscape and Forecast to 2030 (H2 2026)
The Portuguese construction industry’s growth is expected to slow in real terms from 3.2% in 2025 to 2.3% in 2026 due to project delays primarily caused by an acute construction labor shortage stemming from strict immigration curbs, high material costs, falling building permits issued, and severe public procurement bottlenecks. According to AICCOPN (Association of Construction and Public Works Companies) and Bank of Portugal (Banco de Portugal), strict immigration rules enacted in mid-2024 by the government of Portugal, which banned tourists...
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Sector Analysis
The Philippines Construction Market Size, Trend Analysis by Sector, Competitive Landscape and Forecast to 2030 (Q3 2026)
GlobalData expects the Philippine construction industry to decline further by 8.8% in real terms in 2026, after registering a marginal real-term decline of 0.8% in 2025, owing to increased debt, high energy prices, supply chain bottlenecks, delays in securing permits for projects due to regulatory issues, and a fall in construction loans. Weaker public investment is primarily constraining the growth of the Philippine construction industry, following the flood-control scandal that surfaced in mid-2025. Subsequently, the government intensified scrutiny of public...
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Sector Analysis
Spain Construction Market Size, Trend Analysis by Sector, Competitive Landscape and Forecast to 2030 (Q3 2026)
The Spanish construction industry is expected to grow in real terms by 4.5% in 2026, supported by rising public and private sector investments in transport and energy infrastructure projects, coupled with rising manufacturing and export activities. According to Eurostat, the gross fixed capital formation in construction sector grew by 3.8% year-on-year (YoY) in the first half of 2026, following an overall annual growth of 5.2% in 2025. Construction output in 2026 will also be driven by rising tourism activity and...
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Sector Analysis
France Construction Market Size, Trend Analysis by Sector, Competitive Landscape and Forecast to 2030 (Q3 2026)
GlobalData downgraded its forecast for France in its Q3 2026 update, compared to a marginal real terms growth of 0.9% for 2026 forecasted in Q2 2026, to register a real terms marginal decline of 0.9% in 2026. This downward revision is attributed to lower consumer confidence stemming from falling non-residential building permits, rising inflation rates along with higher construction material costs amid higher energy prices and rising construction bankruptcy in the country. According to the Institut national de la statistique...
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Sector Analysis
Singapore Construction Market Size, Trend Analysis by Sector, Competitive Landscape and Forecast to 2030 (Q3 2026)
The construction industry in Singapore is estimated to grow by 6.2% in real terms in 2026, supported by an increase in export activities, along with investments in datacenter buildings and the manufacturing sector, in line with rising demand for artificial intelligence (AI). According to the Ministry of Trade and Industry, Singapore's benchmark non-oil domestic exports (NODX) grew by 27.4% year-on-year (YoY) in real terms in Q2 2026, following a 9.6% YoY increase in Q1 2026. The growth in the second...
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Sector Analysis
Malaysia Construction Market Size, Trend Analysis by Sector, Competitive Landscape and Forecast to 2030 (Q3 2026)
The Malaysian construction industry is expected to grow by 6.5% in real terms in 2026, supported by rising investments in commercial and transport infrastructure projects, coupled with rapid growth in data center and energy projects. According to Bank Negara Malaysia (BNM), the total value of loans disbursed for the construction industry rose by 11.4% year-on-year (YoY) in the first six months of 2026, following annual growth of 14.5% in 2025. Furthermore, according to the Department of Statistics Malaysia (DOSM), the...
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Sector Analysis
Project Insight: Global Tunnels Construction Projects (Q3 2026)
This report provides a detailed analysis of tunnel construction projects globally, based on projects tracked by GlobalData. The global tunnel construction projects pipeline, as tracked by GlobalData, currently stands at $1.25 trillion, comprising projects at all stages of development from announcement to execution. This reflects an increase of 6.2% quarter-on-quarter (QoQ) in the project pipeline, compared to $1.18 trillion in Q2 2026 update. The total pipeline value reflects the overall value of projects that are either solely tunnel based projects...