PUBLISHER: GlobalData | PRODUCT CODE: 2094953
PUBLISHER: GlobalData | PRODUCT CODE: 2094953
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 $6.2 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-East Asia accounts for the largest share, with a pipeline of $1.5 trillion, accounting for 25.1% of global project value - ahead of North America with 18.8% ($1.2 trillion) and South Asia with a 11.9% share ($733.8 billion). The smallest share of the pipeline is attributed to Sub-Saharan Africa, which accounts for a 2.6% share ($160.5 billion). The pipeline is relatively well balanced, with the share of projects in the pre-planning (announced and study) and planning stages accounting for 51.8% of the pipeline, while projects in the pre-execution (design, tender and award) and execution stages accounting for the remaining 48.2% of the pipeline, by value. Assuming all projects in the pipeline proceed according to their schedules and spending is distributed evenly across the execution stages, annual pipeline expenditure will reach $1.3 trillion in 2027.