iCrowd Newswire
21 Mar 2023, 14:32 GMT+10
Latin America infrastructure construction market size was evaluated at $222 billion in 2022, according to a new report by GlobalData Plc. The infrastructure development will be supported by improving economic conditions, the restart of major infrastructure projects, and fiscal stimulus aimed at improving connectivity across the region.
Latin America Infrastructure Construction Market Outlook 2022-2026 ($ Billion)
Latin America infrastructure construction market outlook report with detailed sectors and country-wise segment analysis is available with GlobalData! Read our free sample
Latin America Infrastructure Construction Market FAQs
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Latin America Infrastructure Construction Market Dynamics
The Latin America infrastructure construction market will grow at a CAGR of 3.8% during the projected period, mainly due to over 20% construction projects undergoing the execution stage, while over 60% in the pre-planning and planning stages, respectively. Growing government spending on infrastructure projects supported by the inflow of FDI in the revenue-generating economies of the region will further propel the infrastructure construction market growth in Latin America.
For instance, the Brazilian government plans to continue its spending on infrastructure projects, with a focus on improving regional connectivity through the development of transport infrastructure especially rail infrastructure to transport cargo. The government has set a target to increase the share of rail to 35% of the total freight transported by 2035. Similarly, the infrastructure construction sector in Mexico is supported by public and private sector investment in rail and road infrastructure projects. The government in other economies including Columbia, Argentina, and rest of Latin America are working on strengthening the infrastructure development across sectors including the railways, roads, and electricity and power sectors.
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Latin America Infrastructure Construction Report Highlights
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Latin America Infrastructure Construction Report Scope
GlobalData Plc has segmented the Latin America infrastructure construction market report by sectors and countries:
Latin America Infrastructure Construction Sectors Outlook (Value, $ Billion, 2016-2026)
Latin America Infrastructure Construction Countries Outlook (Value, $ Billion, 2016-2026)
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Related Reports
Table of Contents
1 Overview
2 Sector Overviews
2.1 Railways
2.2 Roads
2.3 Electricity and Power
2.4 Water and Sewage
2.5 Others
3 Project Pipelines
3.1 All Infrastructure Projects
3.1.1 Railway Projects
3.1.2 Road Projects
3.1.3 Electricity and Power Projects
3.1.4 Water and Sewage Projects
3.1.5 Other Projects
4 Latin America Infrastructure Construction Regional Trends
4.1 Latin America Infrastructure Construction Market Data
4.1.1 Argentina Infrastructure Construction Market Data
4.1.2 Brazil Infrastructure Construction Market Data
4.1.3 Colombia Infrastructure Construction Market Data
4.1.4 Mexico Infrastructure Construction Market Data
4.1.5 Rest of Latin America Infrastructure Construction Market Data
5 Research Methodology
5.1 Introduction
5.2 Research Methodology Steps
5.2.1 Data Collection and Consolidation
5.2.2 Modelling and Estimation
5.2.3 Forecasting and Validation
About us
GlobalData is a leading provider of data, analytics, and insights on the world's largest industries. In an increasingly fast-moving, complex, and uncertain world, it has never been harder for organizations and decision-makers to predict and navigate the future. GlobalData's mission is to help our clients to decode the future and profit from faster, more informed decisions. As a leading information services company, thousands of clients rely on us for trusted, timely, and actionable intelligence. Our solutions are designed to provide a daily edge to professionals within corporations, financial institutions, professional services, and government agencies.
Tags: Latin America Infrastructure Construction Market Trends, Latin America Infrastructure Construction Market Key Players, Latin America Infrastructure Construction Market Insights, Latin America Infrastructure Construction Market Research, Latin America Infrastructure Construction Market Forecast, Latin America Infrastructure Construction Market Growth, Latin America Infrastructure Construction Market Analysis, Latin America Infrastructure Construction Market Size, Latin America Infrastructure Construction Market Share
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