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)
$1,530,910.0
CAGR, 2024 - 2030
7.3%
Report Coverage
Latin America
Latin America civil engineering market, 2018-2030 (US$M)
Related Markets
Latin America civil engineering market highlights
- The Latin America civil engineering market generated a revenue of USD 936.7 billion 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 936.7 billion |
| Market revenue in 2030 | USD 1,530.9 billion |
| Growth rate | 7.3% (CAGR from 2023 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 billion |
| 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.
- North America is the fastest growing regional market and is projected to reach USD 3,021.3 billion by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Civil Engineering Market Scope
Civil engineering market segmentation & scope
Civil Engineering Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America civil engineering market size, by country, 2018-2030 (US$M)
Latin America Civil Engineering Market Outlook Share, 2023 & 2030 (US$M)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
