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Project Insight: Industrial Construction Projects - The Americas

Project Insight: Industrial Construction Projects - The Americas

  • March 2019
  • 26 pages
  • ID: 3839406
  • Format: PDF
  • GlobalData
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Project Insight: Industrial Construction Projects - The Americas

GlobalData’s Construction Intelligence Center (CIC) is currently tracking industrial related construction projects in the Americas with a total value of US$ 510.3 billion. Of this, US$218.4 billion is in the planning stage and US$210.4 billion is in the execution stage. The US accounts for the highest value with US$314.5 billion, followed by Brazil with projects valuing US$73.4 billion. Canada and Chile follow with industrial construction projects with a value of US$49.4 billion and US$18.5 billion respectively. The highest value industrial projects in the region are the US$16.8 billion Hanford Tank Waste Treatment and Immobilization Plant in the US and the US$14.4 billion Carajas S11D Mine Development in Brazil.

The US is the dominant economic market in the Americas, and has the highest value of investment in industrial projects.However although the US is the top global consumer market, industrial construction in the Americas represents only 40% of the value of the Asia-Pacific industrial construction projects market.

According to the Federal Reserve, both industrial production and manufacturing fell by 0.6% and 0.9% respectively in January 2019, led by a slump in the volatile motor vehicle sector, although total industrial production was 3.8% higher in January than a year previously, with manufacturing rising by 2.9% in this period. Brazil is the largest economy in Latin America, however industrial production growth decreased 2.6% year-on-year in January 2019, following a 3.6 percent decline in the prior month.

Key Highlights
- The total pipeline of projects is valued at US$510.3 trillion with US$105.9 billion being spent in 2019 and US$120.3 billion in 2020.
- The highest value of projects are at the planning stage with a total value of US$218.7 billion, followed by projects in execution with US$210.3 billion.
- Projects in the pre-planning stage amount to US$48.2 billion, while those at the pre-execution stage total US$33.3 billion.
- Assuming all projects in the current pipeline proceed as planned, spending will reach US$120.3 billion in 2020 and fall to US$16.5 billion in 2023. The highest value of project completions will be in 2021, with a value of US$112.7 billion.
- The top contractors in the region are SNC-Lavalin Group Inc based in Canada and Bechtel Corporation based in the US. The top consulting engineers are WorleyParsons Group Inc and Bechtel Corporation both based in the US.

- The report provides analysis based on CIC projects showing total project values for the Americas and analysis by stage and funding for the top ten countries.
- The top 50 projects are listed for the region giving country, stage, value of industrial construction.
- Ranked listings of the key operators for the sector are also provided showing the leading contractors, consulting engineers and project owners.
- Country profiles are provided for the top 10 countries including the US, Brazil and Canada.
- The value is also provided for six types of industrial project by stage.

Reasons to buy
- Gain insight into the development of the industrial construction sector.
- Assess all major projects by value, start date, scope and stage of development for the region and top 10 countries to support business development activities.
- Plan campaigns by country based on specific project opportunities and align resources to the most attractive markets.

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