Latin America Civil Engineering Market Size & Outlook
The civil engineering market in Latin America is expected to reach a projected revenue of US$ 1,530,910.0 million by 2030. A compound annual growth rate of 7.3% is expected of Latin America civil engineering market from 2024 to 2030.
Revenue, 2023 (US$M)
$936,720.0
Forecast, 2030 (US$M)
$1,530,910.0
CAGR, 2024 - 2030
7.3%
Report Coverage
Latin America
Related Markets
Latin America civil engineering market highlights
- The Latin America civil engineering market generated a revenue of USD 936,720.0 million in 2023.
- The market is expected to grow at a CAGR of 7.3% from 2024 to 2030.
- In terms of segment, construction was the largest revenue generating services in 2023.
- Maintenance is the most lucrative services segment registering the fastest growth during the forecast period.
- Country-wise, Brazil is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 936,720.0 million |
| Market revenue in 2030 | USD 1,530,910.0 million |
| Growth rate | 7.3% (CAGR from 2024 to 2030) |
| Largest segment | Construction |
| Fastest growing segment | Maintenance |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Planning & Design, Construction, Maintenance |
| Key market players worldwide | AECOM, Jacobs Solutions Inc, Tetra Tech Inc, Stantec Inc, Amec Foster Wheeler, AtkinsRéalis, Galfar Engineering and Construction SAOG, Fluor Corp, HDR Inc. |
Other key industry trends
- In terms of revenue, Latin America region accounted for 10.3% of the global civil engineering market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- MEA is the fastest growing regional market and is projected to reach USD 1,435,640.0 million by 2030.
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Civil Engineering Market Scope
Civil engineering market segmentation & scope
Civil Engineering Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| HDR Inc. | View profile | 5001-10000 | Omaha, Nebraska, United States, North America | http://www.hdrinc.com |
| Fluor Corp | View profile | 30187 | 6700 Las Colinas Boulevard, Irving, TX, United States, 75039 | https://www.fluor.com |
| Galfar Engineering and Construction SAOG | View profile | 10001+ | Abu Dhabi, Abu Dhabi, United Arab Emirates, Asia | http://www.galfar.com/ |
| AtkinsRéalis | View profile | 10001+ | Montréal, Quebec, Canada, North America | https://www.atkinsrealis.com/ |
| Amec Foster Wheeler | View profile | 10001+ | London, England, United Kingdom, Europe | http://www.amecfw.com/ |
| Stantec Inc | View profile | 28000 | 10220 - 103 Avenue NW, Suite 400, Edmonton, AB, Canada, T5J 0K4 | http://www.stantec.com |
| Jacobs Solutions Inc | View profile | 60000 | 1999 Bryan Street, Suite 1200, Dallas, TX, United States, 75201 | https://www.jacobs.com |
| AECOM | View profile | 52000 | 13355 Noel Road, Suite 400, Dallas, TX, United States, 75240 | https://www.aecom.com |
| Tetra Tech Inc | View profile | 27000 | 3475 East Foothill Boulevard, Pasadena, CA, United States, 91107 | https://www.tetratech.com |
Latin America civil engineering market size, by country, 2018-2030 (US$M)
Latin America Civil Engineering Market Outlook Share, 2023 & 2030 (US$M)
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