PUBLISHER: GlobalData | PRODUCT CODE: 1772130
PUBLISHER: GlobalData | PRODUCT CODE: 1772130
This report provides a detailed analysis of industrial construction projects globally, based on projects tracked by GlobalData.
GlobalData is currently tracking industrial construction projects with a total value of $5 trillion at all stages from announcement to execution. This pipeline mostly comprises industrial buildings, manufacturing plants, mines and mineral processing, and other related facilities. In terms of the current project pipeline value, North America accounts for the largest share, with a pipeline of $1.2 trillion, accounting for 23.5% of global project value - ahead of North-East Asia with 18.9% ($940.6 billion) and Middle East and North Africa with a 10.7% share ($535 billion). The smallest share of the pipeline is attributed to Sub-Saharan Africa, which accounts for a 3.2% share ($160.2 billion). The pipeline is marginally skewed towards the early stages, with the share of projects in the pre-planning (announced and study) and planning stages accounting for 53%, while projects in pre-execution (design, tender and award) and execution stages accounting for the remaining 47% of the pipeline, by value.