Turkiye Construction Market Size, Trend Analysis by Sector, Competitive Landscape and Forecast to 2030 (Q2 2026)

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The Turkish construction industry is expected to grow by 5.5% in real terms in 2026, supported by an increase in infrastructure activity, and energy infrastructure, coupled with the government allocation under the 2026 Budget. Türkiye is set to accelerate wind energy development in 2026, targeting around TRY126.1 billion ($2.5 billion) in investments and the installation of up to 2.5GW of new wind power capacity by 2035, as announced by the government in June 2026. During the first quarter of 2026 alone, the sector attracted TRY15.1 billion-TRY17.6 billion ($300–350 million) in investments and added more than 300MW of new capacity. Türkiye’s installed wind power capacity reached 15GW by March 2026, representing about 12% of the country’s total 125GW electricity capacity. Together with 26.5 GW of solar power, renewable energy sources account for 62% of installed capacity. Total solar and wind capacity reached 40 GW during the first quarter of 2026. The sector expects annual wind power installations to reach 4–5GW by 2028–2029, with ambitions to scale up to 7GW per year by 2035, if financing, industrial capacity, and investor interest remain strong.

GlobalData expects the construction industry in Turkiye to register an average annual growth of 3.7% from 2027 to 2030, supported by investments in the transport and energy infrastructure projects. Among the recent developments, in June 2026, Transport and Infrastructure Minister Abdulkadir Uraloğlu announced that Türkiye aims to expand its railway network from 14,000km in 2024 to 28,500km by 2035, more than doubling the country’s rail infrastructure. The minister stated that 4,150km of railway lines are currently under construction as of June 2026, with 3,000km expected to be completed and opened to service by 2028. The government also revealed in June 2026 that ongoing projects will increase the number of cities directly connected by high-speed rail to 27 by 2035 from 20 in 2025, while supporting a broader shift away from road transport, which currently accounts for around 91% of both freight and passenger transportation.

GlobalData’s Construction in Turkiye – Key Trends and Opportunities to 2030 (Q2 2026) report provides detailed market analysis, information, and insights into the Turkish construction industry, including:_x000D_
– The Turkish construction industry's growth prospects by market, project type and construction activity_x000D_
– Critical insight into the impact of industry trends and issues, as well as an analysis of key risks and opportunities in the Turkish construction industry_x000D_
– Analysis of the mega-project pipeline, focusing on development stages and participants, in addition to listings of major projects in the pipeline.

Scope

This report provides a comprehensive analysis of the construction industry in Turkiye. It provides:

Historical (2021–2025) and forecast (2026–2030) valuations of the construction industry in Turkiye, featuring details of key growth drivers.

Segmentation by sector (commercial, industrial, infrastructure, energy and utilities, institutional and residential) and by sub-sector

Analysis of the mega-project pipeline, including breakdowns by development stage across all sectors, and projected spending on projects in the existing pipeline.

Listings of major projects, in addition to details of leading contractors and consultants

Reasons to Buy

Identify and evaluate market opportunities using our standardized valuation and forecasting methodologies_x000D_

Assess market growth potential at a micro-level with over 600 time-series data forecasts_x000D_

Understand the latest industry and market trends_x000D_

Formulate and validate business strategies using GlobalData's critical and actionable insight_x000D_

Assess business risks, including cost, regulatory and competitive pressures_x000D_

Evaluate competitive risk and success factors

Table of Contents

1 Executive Summary

2 Construction Industry: At-a-Glance

3 Context

3.1 Economic Performance

3.2 Political Environment and Policy

3.3 Demographics

3.4 Risk Profile

4 Construction Outlook

4.1 All Construction

– Outlook

– Latest news and developments

– Construction Projects Momentum Index

4.2 Commercial Construction

– Outlook

– Project analytics

– Latest news and developments

4.3 Industrial Construction

– Outlook

– Project analytics

– Latest news and developments

4.4 Infrastructure Construction

– Outlook

– Project analytics

– Latest news and developments

4.5 Energy and Utilities Construction

– Outlook

– Project analytics

– Latest news and developments

4.6 Institutional Construction

– Outlook

– Project analytics

– Latest news and developments

4.7 Residential Construction

– Outlook

– Project analytics

– Latest news and developments

5 Key Industry Participants

5.1 Contractors

5.2 Consultants

6 Construction Market Data

7 Appendix

7.1 What is this Report About?

7.2 Definitions

7.3 CRI Methodology

About GlobalData

Contact Us

Table

Table 1: Construction Industry Key Data

Table 2: Turkiye, Key Economic Indicators

Table 3: Turkiye, Commercial Construction Output by Project Type (Real % Change), 2021–30

Table 4: Turkiye, Top Commercial Construction Projects by Value

Table 5: Turkiye, Industrial Construction Output by Project Type (Real % Change), 2021–30

Table 6: Turkiye, Top Industrial Construction Projects by Value

Table 7: Turkiye, Infrastructure Construction Output by Project Type (Real % Change), 2021–30

Table 8: Turkiye, Top Infrastructure Construction Projects by Value

Table 9: Turkiye, Energy and Utilities Construction Output by Project Type (Real % Change), 2021–30

Table 10: Turkiye, Top Energy and Utilities Construction Projects by Value

Table 11: Turkiye, Institutional Construction Output by Project Type (Real % Change), 2021–30

Table 12: Turkiye, Top Institutional Construction Projects by Value

Table 13: Turkiye, Residential Construction Output by Project Type (Real % Change), 2021–30

Table 14: Turkiye, Top Residential Construction Projects by Value

Table 15: Turkiye, Key Contractors

Table 16: Turkiye, Key Consultants

Table 17: Turkiye Construction Output Value (Real, $ Million)

Table 18: Turkiye Construction Output Value (Nominal, TRY Billion)

Table 19: GlobalData Construction Market Definitions

Table 20: GlobalData Construction Market Definitions

Table 21: Ratings, Scores and Definitions

Figures

Figure 1: Eastern Europe and Central Asia, Construction Output (Real % Change), 2024–30

Figure 2: Turkiye, Construction Output by Sector (Real % Change), 2024–26 and 2027–30

Figure 3: Turkiye, Risk Summary

Figure 4: Turkiye, Risk Regional Comparison

Figure 5: Turkiye, Construction Output Value (Real, $ Million, 2022 Prices and Exchange Rate), 2021–30

Figure 6: Turkiye, Construction Output Value, by Sector (Real, $ Million), 2021–30

Figure 7: Turkiye, Construction Value-Add (TRY Million, 2009 Chain Linked Volume Measures)

Figure 8: Turkiye, Gross Fixed Capital Formation in Construction Index (2009=100)

Figure 9: Turkiye, Construction Cost Index (2015=100), Change YoY

Figure 10: Turkiye, Construction Permits, In thousand m2

Figure 11: Turkiye, Building Activity Index and Construction Confidence Index, Seasonally Adjusted

Figure 12: Turkiye, Construction Turnover Index, Seasonal and Calendar Adjusted (2021=100)

Figure 13: Turkiye, Construction Production Index, Seasonal and Calendar Adjusted (2021=100)

Figure 14: Turkiye, Main Factors Limiting Activities in the Construction Industry (%)

Figure 15: Turkiye, Employment in Construction (In Thousands)

Figure 16: Turkiye, Hourly labor cost Index for Construction workers (2021=100)

Figure 17: Turkiye, Construction Projects Momentum Index

Figure 18: Eastern Europe and Central Asia, Construction Projects Momentum Index

Figure 19: Turkiye, Commercial Construction Output by Project Type (Real, $ Million), 2021–30

Figure 20: Turkiye, Commercial Construction Projects Pipeline, Value by Stage ($ Million)

Figure 21: Turkiye, Construction permits issued for commercial buildings, in thousand m2

Figure 22: Turkiye, Total Foreign Visitors Arrivals, In Thousands

Figure 23:  Turkiye, Retail Sales Volume Index, Seasonal and Calendar Adjusted (2021 = 100)

Figure 24: Turkiye, Industrial Construction Output by Project Type (Real, $ Million), 2021–30

Figure 25: Turkiye, Industrial Construction Projects Pipeline, Value by Stage ($ Million)

Figure 26: Turkiye, Industrial and Warehouse building (thousand m2)

Figure 27: Turkiye, Manufacturing Value-Add (TRY Million, 2009 Chain Linked Volume Measures)

Figure 28: Turkiye, Manufacturing – Capacity Utilization Rate (In%)

Figure 29: Turkiye, Industrial and Manufacturing Production Indices, 2021=100, Seasonally and Calendar Adjusted

Figure 30: Turkiye, Total Export (US$ Million)

Figure 31: Turkiye, Sales of Passenger Cars and Light Commercial Vehicles, In Number

Figure 32: Turkiye, Infrastructure Construction Output by Project Type (Real, $ Million), 2021–30

Figure 33: Turkiye, Infrastructure Construction Projects Pipeline, Value by Stage ($ Million)

Figure 34: Turkiye, Energy and Utilities Construction Output by Project Type (Real, $ Million), 2021–30

Figure 35: Turkiye, Energy and Utilities Construction Projects Pipeline, Value by Stage ($ Million)

Figure 36:  Turkiye, Information and Communication Activities Value-Add (TRY Million, 2009 Chain Linked Volume Measures)

Figure 37: Turkiye, Energy production index (2021=100)

Figure 38: Turkiye, Institutional Construction Output by Project Type (Real, $ Million), 2021–30

Figure 39: Turkiye, Institutional Construction Projects Pipeline, Value by Stage ($ Million)

Figure 40: Turkiye, Value-Add of Public Administration, Education, Human Health and Social Work Activities (TRY Million, 2009 Chain Linked Volume Measures)

Figure 41: Turkiye, Floor Area of Construction Permits Approved for Public Entertainment, Education, Hospital or Institutional Care Buildings (In Thousand m2)

Figure 42: Turkiye, Residential Construction Output by Project Type (Real, $ Million), 2021–30

Figure 43: Turkiye, Residential Construction Projects Pipeline, Value by Stage ($ Million)

Figure 44: Turkiye, Real Estate Activities Value-Add (TRY Million, 2009 Chain Linked Volume Measures)

Figure 45:  Turkiye, Floor area of residential permits, in thousand m2

Figure 46: Turkiye, Number of House Sales

Figure 47: Turkiye, Residential Property Price Index, 2023=100

Figure 48: Turkiye, Headquarters of Key Contractors (% of Total Project Pipeline)

Figure 49: Turkiye, Headquarters of Key Consultants (% of Total Project Pipeline)

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