Construction Spending Market in the BRIC Countries 2016-2020

Outlook of the construction spending market in the BRIC countries

Technavio’s market research analyst predicts the construction spending market in the BRIC countries to grow at a CAGR of around 13% during the forecast period. Large-scale investments in the construction industry by the governments of the BRIC countries drive the prospects for growth in this market. The Indian and Chinese governments are expected to invest heavily in the residential construction, followed by transport infrastructure development during the forecast period. The commissioning of large urban infrastructure projects such as the development of high-rise structures and apartments, commercial buildings, airports, new roads, and highways is expected to aid the growth of this market in the next four years.

Competitive landscape and key vendors

The growing demand for infrastructure development, which arises from rapid urbanization, will spur spending in the construction sector during the forecast period. Additionally, future international sporting events, such as the 2016 Olympics Games in Brazil and the 2018 FIFA World Cup in Russia, are expected to spur growth in the construction spending market in the BRIC countries over the next two years.

The top vendors in the market are -

• Camargo Correa
• China Communications Construction
• China State Construction Engineering
• DLF
• GMR Infrastructure
• LSR Group
• Mostotrest
• Odebrecht

Other prominent vendors in the market include AFI Development, Andrade Gutierrez, Chengdu Road & Bridge Engineering, Galvao Engenharia, Guangsha Construction Group, Hindustan Construction, Jaypee Infratech, Keda Group, Larsen & Toubro, MRV Engenharia, Nagarjuna Construction, OAS, OJSC ST Group Region, PIK Group, Punj Lloyd, Queiroz Galvao, RGI International, Shanghai Construction Group, Shanghai Pudong Road & Bridge Construction, Shapoorji Pallonji, SU-155 Group, and Zhongtian Construction Group.

Segmentation by sector and analysis of the construction spending market in BRIC countries

• Residential
• Infrastructure

The infrastructure sector constituted 61% of the total market share during 2015. Growing urbanization and rising standards of living in the BRIC countries are expected to boost the demand for new and efficient infrastructure, which in turn is expected to boost construction spending during the forecast period.

Key questions answered in the report include

• What will the market size and the growth rate be in 2020?
• What are the key factors driving the construction spending market in BRIC countries?
• What are the key market trends impacting the growth of the construction spending market in BRIC countries?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the vendors in the construction spending market in BRIC countries?
• What are the key outcomes of the five forces analysis of the construction spending market in BRIC countries?

Related reports

• Construction Market in Brazil 2015-2019
• Railway Infrastructure Spending Market in Brazil 2015-2019
• Construction Market in China 2015-2019
• Airport Construction Market in China 2015-2019
• Railway Infrastructure Spending Market in China 2015-2019