Premium statistics

Industry-specific and extensively researched technical data (partially from exclusive partnerships).

A paid subscription is required for full access.

Global construction market output by region 2015

Market size of the construction sector worldwide in 2015, by region (in trillion U.S. dollars)

by T. Wang, last edited Aug 26, 2019
Global construction market output by region 2015 Trillions are spent every year on the buildings, infrastructure, and industrial installations by the global construction sector. In 2015, China’s construction market reached 3.3 trillion U.S. dollars, while North America’s construction sector had a market size of 1.9 trillion U.S. dollars. The construction market in Asia is expected to account for almost half of global construction spending by 2020.

Construction productivity

However, in the past decades, the industry has lost a large amount in value due to low labor productivity. The productivity growth of the construction sector has been comparatively lower than that of the total global economy and the manufacturing industry. Low productivity may be attributable to several reasons, including a highly regulated industry and dependency on public sector demand. The difficulties of the market can bring poor project management and execution, a lack of skill, and inadequate design processes. There are known ways to overcome these barriers, however, it is difficult for individual entities, despite high revenues, to change a traditional system.
Show more

Market size of the construction sector worldwide in 2015, by region (in trillion U.S. dollars)

Statista Accounts: Access All Statistics. Starting from $588 / Year
Basic Account
Get to know the platform

You only have access to basic statistics.
This statistic is not included in your account!

Premium Account
Your perfect start with Statista
  • Instant access to 1m statistics
  • Download in XLS, PDF & PNG format
  • Detailed references

$49 / Month *

Corporate Account
Full access

Corporate solution including all features.

* All products require an annual contract.
   Prices do not include sales tax.
Leading companies trust Statista:
Statista has been my savior on several occasions. The site is easy to maneuver and the data is in a format that can go right into a report or presentation.
Marlene Greenfield

Marlene Greenfield
Vice President, Hearst Magazines

Statistics on "Fluor Corporation"
  • Key figures
  • Current state of the company
  • How Fluor compares
  • Fluor's competitors
Discover Statista
Need help with using Statista for your research? Tutorials and first steps
Further Content: Statistics, Studies, and Topic Pages
Learn more about how Statista can support your business.
Do you have any questions about our business solutions?

We provide you with detailed information about our Corporate Account.