DUBLIN--(BUSINESS WIRE)--The "Project Insight - Industrial Construction Projects: The Americas" report has been added to ResearchAndMarkets.com's offering.
Although the US is the dominant global consumer market, the Americas does not dominate the industrial construction projects market, with only 43% of the value of the Asia-Pacific industrial construction projects market. Year on year industrial production in the US has risen 2.9% in the 12 months up to October 2017. Brazil, the driver for the Latin American economies, posted growth in industrial production of 5.3% year-on-year in October 2017, which was above market expectations.
This report provides detailed analysis, information and insights based on 1,157 CIC projects in the Americas, including detailed metrics on the region's industrial construction projects (as tracked by CIC) split by country and value and by six types of project including manufacturing plants, metals and materials production and processing and chemical and pharmaceutical plants. Country profiles are provided for the top 10 countries including the US, Brazil and Canada.
- The highest value of projects are at the planning stage, with US$243.3 billion, followed by projects at the execution stage with US$167.1 billion.
- Projects in the pre-execution stage amount to US$40.7 billion, while projects in the pre-planning stage account for US$35.9 billion.
- The US accounts for highest value of industrial projects with US$305.9 billion.
- Private investment is responsible for funding the highest proportion of projects, with 90%, with joint public/private funding at 6% and only 4% of projects financed by public funding.
- Assuming all projects tracked go ahead as planned, annual spending on the projects would reach US$123.2 billion in 2019.
- The top contractor in the region is Tecnicas Reunidas SA based in Spain followed by Technip SA based in France.
For more information about this report visit https://www.researchandmarkets.com/research/5njhhs/the_americas?w=4