Middle East Construction Market by Type (Renovation and New Construction), and by Sector (Real Estate, Infrastructure, and Industrial)–Opportunity Analysis and Industry Forecast, 2024–2030

Middle East Construction Market

Industry:  Construction & Manufacturing | Publish Date: Jun 2024 | No of Pages:  111 | No. Tables:  78 | No. Figures:  43

Middle East Construction Market Overview

The Middle East Construction Market size was valued at USD 298.00 billion in 2023, and is predicted to reach USD 401.17 billion by 2030, at a CAGR of 2.9% from 2024 to 2030. The construction market, known interchangeably as infrastructure market, plays a crucial role in the economy, overseeing the entire lifecycle of diverse physical structures, encompassing infrastructure, buildings, and facilities. This industry undertakes a broad spectrum of projects, spanning from residential, commercial, and industrial developments to civil engineering and institutional infrastructure ventures.

Collaboration among numerous stakeholders, including architects, engineers, contractors, suppliers, developers, investors, and government agencies, is indispensable for its functioning. Positioned for growth, the industry is being propelled by an increased focus on environmentally sustainable practices, such as the incorporation of green building materials and energy-efficient designs. Additionally, factors such as the rising per capita income in emerging economies and low-interest rates in developed nations are expected to further drive the expansion of the Middle East Construction market trends.

Numerous Infrastructure Developments Drives the Middle East Construction Market Growth

The Middle East region, including countries such as Oman, Saudi Arabia, and Kuwait, is experiencing numerous infrastructure developments aimed at boosting overall market growth. In Oman, the infrastructure market is expanding significantly due to increased investments in large infrastructure projects. Notable megaprojects in 2023 include Rathath (Drizzle) Boulevard in Dhofar, Rimal Park in South Al Batinah, and Aames Bay Development in Musandam. These substantial projects are driving the growth of the infrastructure industry within Oman.

 

Significant Investments is Fueling the Growth of the Middle East Construction Market

The expansion of the construction market in Saudi Arabia is attributed to a substantial increase in investments towards infrastructure activities. In 2023, the infrastructure sector's investment reached a significant USD 18 billion, as reported by the Global Infrastructure Hub.

The energy sector led the way with a notable USD 7.6 billion investment, followed by the road transport sector with USD 5.6 billion. This investment trend is expected to continue, likely fueling the ongoing growth and development of the infrastructure market in Saudi Arabia.

 

Regulatory Complexities Hindering the Middle East Construction Market Growth

Navigating regulatory complexities presents a significant challenge in the construction market. Infrastructure projects often face hurdles due to the intricate network of government regulations and permitting procedures. Infrastructure initiatives require numerous permits and approvals from governmental bodies at local, regional, and national levels. 

These mandates include adherence to zoning regulations, environmental assessments, compliance with building codes, safety standards, and various other regulatory requirements. Lengthy permit acquisition processes, bureaucratic inefficiencies, and regulatory disparities among different jurisdictions can significantly prolong project timelines and inflate costs. Moreover, fluctuations in regulations or unexpected policy changes can disrupt ongoing projects and deter potential investments.

Integration of Digitalization and BIM Presents Lucrative Opportunity for the Middle East Construction Market Expansion

The construction market in Middle East is undergoing digital transformation with the integration of the adoption of Building Information Modeling (BIM). Advanced technologies such as BIM are enhancing efficiency, accuracy, and collaboration across diverse projects.

BIM, a sophisticated 3D modeling tool, enables stakeholders to generate and manage digital representations of structures and infrastructure, facilitating improved coordination and communication among project teams. 
By addressing the inadequacy of digitalization within the Thai infrastructure sector, the program seeks to streamline lifecycle work processes, enhancing efficiency, cost-effectiveness, resilience, and safety for infrastructure and maintenance projects.

 

Competitive Landscape

The key market players operating in the Austria construction industry include China State Construction Engineering Corp. Ltd. (CSCEC), China Railway Group Ltd. (CREC), China Railway Construction Corp. Ltd. (CRCC), China Communications Construction Group Ltd. (CCCC), Metallurgical Corporation of China Ltd. (MCC), Power Construction Corp. of China, Vinci SA, China Energy Engineering Corp. (CEEC), Shanghai Construction Group (SCG), Bouygues Group, and others.

Austria Construction Market Key Segments

By Type

  • Renovation

  • New Construction

By Sector

  • Real Estate

    • Residential

      • Affordable

      • Luxury

    • Commercial

      • Retail Buildings

      • Office Buildings

      • Hospitality

      • Healthcare Facilities

      • Educational Institutes

      • Entertainment Ventures

  • Infrastructure

    • Transportation

      • Airport

      • Port

      • Rail

      • Road

    • Water and Wastewater

    • Energy

    • Telecommunication

  • Industrial

    • Manufacturing Plant

    • Warehouses

    • Power Plants

    • Oil Refineries

    • Chemical Plants

REPORT SCOPE AND SEGMENTATION:

Parameters

Details

Market Size in 2023

USD 298.00 Billion

Revenue Forecast in 2030

USD 401.17 Billion

Growth Rate

CAGR of 2.9% from 2024 to 2030

Analysis Period

2023–2030

Base Year Considered

2023

Forecast Period

2024–2030

Market Size Estimation

Billion (USD)

Growth Factors

  • Numerous infrastructure developments boost the market growth.

  • Significant investments drive the growth of industry.

Companies Profiled

10

Market Share

Available for 10 companies

Customization Scope

Free customization (equivalent up to 80 working hours of analysts) after purchase. Addition or alteration to country, regional, and segment scope.

Pricing and Purchase Options

Avail customized purchase options to meet your exact research needs.

Test

1      INTRODUCTION

           1.1      REPORT DESCRIPTION

           1.2      RESEARCH METHODOLOGY

                         1.2.1      SECONDARY RESEARCH

                         1.2.2      DATA ANALYSIS FRAMEWORK

                         1.2.3      MARKET SIZE ESTIMATION

                         1.2.4      FORECASTING

                         1.2.5      PRIMARY RESEARCH AND DATA VALIDATION

2      MIDDLE EAST CONSTRUCTION MARKET – EXECUTIVE SUMMARY

           2.1.      MARKET SNAPSHOT, 2023 - 2030, MILLION USD

3      PORTER’S FIVE FORCE MODEL ANALYSIS

           3.1      BARGAINING POWER OF SUPPLIERS

           3.2      BARGAINING POWER OF BUYERS

           3.3      DEGREE OF COMPETITION

           3.4      THREAT OF SUBSTITUTE

           3.5      THREAT OF NEW ENTRANTS

4      MARKET SHARE ANALYSIS

           4.1      MARKET SHARE ANALYSIS OF TOP PROVIDERS, 2023

5      MARKET DYNAMICS

           5.1      GROWTH DRIVERS

                         5.1.1      DRIVER 1

                         5.1.2      DRIVER 2

                         5.1.3      DRIVER 3

                         5.1.4      DRIVER 4

           5.2      CHALLENGES

                         5.2.1      CHALLENGE 1

                         5.2.2      CHALLENGE 2

                         5.2.3      CHALLENGE 3

                         5.2.4      CHALLENGE 4

           5.3      OPPORTUNITIES

                         5.3.1      OPPORTUNITY 1

                         5.3.2      OPPORTUNITY 2

6       MIDDLE EAST CONSTRUCTION MARKET BY TYPE

           6.1      OVERVIEW

           6.2      RENOVATION MARKET

           6.3      NEW CONSTRUCTION MARKET

7       MIDDLE EAST CONSTRUCTION MARKET BY SECTOR

           7.1      OVERVIEW

           7.2      REAL ESTATE MARKET

                         7.2.1      RESIDENTIAL

                                7.2.1.1      AFFORDABLE

                        7.2.1.2      LUXURY

                         7.2.2      COMMERCIAL

                                7.2.2      RETAIL BUILDINGS

                                7.2.2      OFFICE BUILDINGS

                                7.2.2      HOSPITALITY

                                7.2.2      HEALTHCARE FACILITIES

                                7.2.2      EDUCATIONAL INSTITUTES

                                7.2.2      ENTERTAINMENT VENTURES

           7.3      INFRASTRUCTURE MARKET

                         7.3.1      TRANSPORTATION

                                7.3.1      AIRPORT

                                7.3.1      PORT

                                7.3.1      RAIL

                                7.3.1      ROAD

                         7.3.2      WATER AND WASTEWATER

                         7.3.3      ENERGY

                         7.3.4      TELECOMMUNICATION

           7.4      INDUSTRIAL MARKET

                         7.4.1      MANUFACTURING PLANT

                         7.4.2      WAREHOUSES

                         7.4.3      POWER PLANTS

                         7.4.4      OIL REFINERIES

                         7.4.5      CHEMICAL PLANTS

8     COMPANY PROFILES

           8.1     CHINA STATE CONSTRUCTION ENGINEERING CORP. LTD. (CSCEC)

                         8.1.1     COMPANY OVERVIEW

                         8.1.2     COMPANY SNAPSHOT

                         8.1.3     OPERATING BUSINESS SEGMENTS

                         8.1.4     PRODUCT PORTFOLIO

                         8.1.5     BUSINESS PERFORMANCE

                         8.1.6     BUSINESS SEGMENTS

                         8.1.7     GEOGRAPHIC SEGMENTS

                         8.1.8     KEY STRATEGIC MOVES AND DEVELOPMENT

                         8.1.9     PRIMARY MARKET COMPETITORS

           8.2     CHINA RAILWAY GROUP LTD. (CREC)

                         8.2.1     COMPANY OVERVIEW

                         8.2.2     COMPANY SNAPSHOT

                         8.2.3     OPERATING BUSINESS SEGMENTS

                         8.2.4     PRODUCT PORTFOLIO

                         8.2.5     BUSINESS PERFORMANCE

                         8.2.6     BUSINESS SEGMENTS

                         8.2.7     GEOGRAPHIC SEGMENTS

                         8.2.8     KEY STRATEGIC MOVES AND DEVELOPMENT

                         8.2.9     PRIMARY MARKET COMPETITORS

           8.3     CHINA RAILWAY CONSTRUCTION CORP. LTD. (CRCC)

                         8.3.1     COMPANY OVERVIEW

                         8.3.2     COMPANY SNAPSHOT

                         8.3.3     OPERATING BUSINESS SEGMENTS

                         8.3.4     PRODUCT PORTFOLIO

                         8.3.5     BUSINESS PERFORMANCE

                         8.3.6     BUSINESS SEGMENTS

                         8.3.7     GEOGRAPHIC SEGMENTS

                         8.3.8     KEY STRATEGIC MOVES AND DEVELOPMENT

                         8.3.9     PRIMARY MARKET COMPETITORS

           8.4     CHINA COMMUNICATIONS CONSTRUCTION GROUP LTD. (CCCC)

                         8.4.1     COMPANY OVERVIEW

                         8.4.2     COMPANY SNAPSHOT

                         8.4.3     OPERATING BUSINESS SEGMENTS

                         8.4.4     PRODUCT PORTFOLIO

                         8.4.5     BUSINESS PERFORMANCE

                         8.4.6     BUSINESS SEGMENTS

                         8.4.7     GEOGRAPHIC SEGMENTS

                         8.4.8     KEY STRATEGIC MOVES AND DEVELOPMENT

                         8.4.9     PRIMARY MARKET COMPETITORS

           8.5     METALLURGICAL CORPORATION OF CHINA LTD. (MCC)

                         8.5.1     COMPANY OVERVIEW

                         8.5.2     COMPANY SNAPSHOT

                         8.5.3     OPERATING BUSINESS SEGMENTS

                         8.5.4     PRODUCT PORTFOLIO

                         8.5.5     BUSINESS PERFORMANCE

                         8.5.6     BUSINESS SEGMENTS

                         8.5.7     GEOGRAPHIC SEGMENTS

                         8.5.8     KEY STRATEGIC MOVES AND DEVELOPMENT

                         8.5.9     PRIMARY MARKET COMPETITORS

           8.6     POWER CONSTRUCTION CORP. OF CHINA

                         8.6.1     COMPANY OVERVIEW

                         8.6.2     COMPANY SNAPSHOT

                         8.6.3     OPERATING BUSINESS SEGMENTS

                         8.6.4     PRODUCT PORTFOLIO

                         8.6.5     BUSINESS PERFORMANCE

                         8.6.6     BUSINESS SEGMENTS

                         8.6.7     GEOGRAPHIC SEGMENTS

                         8.6.8     KEY STRATEGIC MOVES AND DEVELOPMENT

                         8.6.9     PRIMARY MARKET COMPETITORS

           8.7     VINCI SA

                         8.7.1     COMPANY OVERVIEW

                         8.7.2     COMPANY SNAPSHOT

                         8.7.3     OPERATING BUSINESS SEGMENTS

                         8.7.4     PRODUCT PORTFOLIO

                         8.7.5     BUSINESS PERFORMANCE

                         8.7.6     BUSINESS SEGMENTS

                         8.7.7     GEOGRAPHIC SEGMENTS

                         8.7.8     KEY STRATEGIC MOVES AND DEVELOPMENT

                         8.7.9     PRIMARY MARKET COMPETITORS

           8.8     CHINA ENERGY ENGINEERING CORP. (CEEC)

                         8.8.1     COMPANY OVERVIEW

                         8.8.2     COMPANY SNAPSHOT

                         8.8.3     OPERATING BUSINESS SEGMENTS

                         8.8.4     PRODUCT PORTFOLIO

                         8.8.5     BUSINESS PERFORMANCE

                         8.8.6     BUSINESS SEGMENTS

                         8.8.7     GEOGRAPHIC SEGMENTS

                         8.8.8     KEY STRATEGIC MOVES AND DEVELOPMENT

                         8.8.9     PRIMARY MARKET COMPETITORS

           8.9     SHANGHAI CONSTRUCTION GROUP (SCG)

                         8.9.1     COMPANY OVERVIEW

                         8.9.2     COMPANY SNAPSHOT

                         8.9.3     OPERATING BUSINESS SEGMENTS

                         8.9.4     PRODUCT PORTFOLIO

                         8.9.5     BUSINESS PERFORMANCE

                         8.9.6     BUSINESS SEGMENTS

                         8.9.7     GEOGRAPHIC SEGMENTS

                         8.9.8     KEY STRATEGIC MOVES AND DEVELOPMENT

                         8.9.9     PRIMARY MARKET COMPETITORS

           8.10     BOUYGUES GROUP

                         8.10.1     COMPANY OVERVIEW

                         8.10.2     COMPANY SNAPSHOT

                         8.10.3     OPERATING BUSINESS SEGMENTS

                         8.10.4     PRODUCT PORTFOLIO

                         8.10.5     BUSINESS PERFORMANCE

                         8.10.6     BUSINESS SEGMENTS

                         8.10.7     GEOGRAPHIC SEGMENTS

                         8.10.8     KEY STRATEGIC MOVES AND DEVELOPMENT

                         8.10.9     PRIMARY MARKET COMPETITORS

LIST OF TABLES

TABLE 1. MIDDLE EAST CONSTRUCTION MARKET VALUE, BY TYPE, 2023-2030, (MILLION USD)

TABLE 2. RENOVATION, MARKET VALUE, 2023-2030, (MILLION USD)

TABLE 3. NEW CONSTRUCTION, MARKET VALUE, 2023-2030, (MILLION USD)

TABLE 4. MIDDLE EAST CONSTRUCTION MARKET VALUE, BY SECTOR, 2023-2030, (MILLION USD)

TABLE 5. REAL ESTATE, MARKET VALUE, 2023-2030, (MILLION USD)

TABLE 6. RESIDENTIAL, MARKET VALUE, 2023-2030, (MILLION USD)

TABLE 7. COMMERCIAL, MARKET VALUE, 2023-2030, (MILLION USD)

TABLE 8. INFRASTRUCTURE, MARKET VALUE, 2023-2030, (MILLION USD)

TABLE 9. TRANSPORTATION, MARKET VALUE, 2023-2030, (MILLION USD)

TABLE 10. WATER AND WASTEWATER, MARKET VALUE, 2023-2030, (MILLION USD)

TABLE 11. ENERGY, MARKET VALUE, 2023-2030, (MILLION USD)

TABLE 12. TELECOMMUNICATION, MARKET VALUE, 2023-2030, (MILLION USD)

TABLE 13. INDUSTRIAL, MARKET VALUE, 2023-2030, (MILLION USD)

TABLE 14. MANUFACTURING PLANT, MARKET VALUE, 2023-2030, (MILLION USD)

TABLE 15. WAREHOUSES, MARKET VALUE, 2023-2030, (MILLION USD)

TABLE 16. POWER PLANTS, MARKET VALUE, 2023-2030, (MILLION USD)

TABLE 17. OIL REFINERIES, MARKET VALUE, 2023-2030, (MILLION USD)

TABLE 18. CHEMICAL PLANTS, MARKET VALUE, 2023-2030, (MILLION USD)

TABLE 19. CHINA STATE CONSTRUCTION ENGINEERING CORP. LTD. (CSCEC): COMPANY SNAPSHOT

TABLE 20. CHINA STATE CONSTRUCTION ENGINEERING CORP. LTD. (CSCEC): OPERATING BUSINESS SEGMENTS

TABLE 21. CHINA STATE CONSTRUCTION ENGINEERING CORP. LTD. (CSCEC): PRODUCT PORTFOLIO

TABLE 22. CHINA STATE CONSTRUCTION ENGINEERING CORP. LTD. (CSCEC): SALES BY BUSINESS SEGMENTS (2021-2023)

TABLE 23. CHINA STATE CONSTRUCTION ENGINEERING CORP. LTD. (CSCEC): SALES BY GEOGRAPHIC SEGMENTS (2021-2023)

TABLE 24. CHINA STATE CONSTRUCTION ENGINEERING CORP. LTD. (CSCEC): KEY STRATERGY

TABLE 25. CHINA RAILWAY GROUP LTD. (CREC): COMPANY SNAPSHOT

TABLE 26. CHINA RAILWAY GROUP LTD. (CREC): OPERATING BUSINESS SEGMENTS

TABLE 27. CHINA RAILWAY GROUP LTD. (CREC): PRODUCT PORTFOLIO

TABLE 28. CHINA RAILWAY GROUP LTD. (CREC): SALES BY BUSINESS SEGMENTS (2021-2023)

TABLE 29. CHINA RAILWAY GROUP LTD. (CREC): SALES BY GEOGRAPHIC SEGMENTS (2021-2023)

TABLE 30. CHINA RAILWAY GROUP LTD. (CREC): KEY STRATERGY

TABLE 31. CHINA RAILWAY CONSTRUCTION CORP. LTD. (CRCC): COMPANY SNAPSHOT

TABLE 32. CHINA RAILWAY CONSTRUCTION CORP. LTD. (CRCC): OPERATING BUSINESS SEGMENTS

TABLE 33. CHINA RAILWAY CONSTRUCTION CORP. LTD. (CRCC): PRODUCT PORTFOLIO

TABLE 34. CHINA RAILWAY CONSTRUCTION CORP. LTD. (CRCC): SALES BY BUSINESS SEGMENTS (2021-2023)

TABLE 35. CHINA RAILWAY CONSTRUCTION CORP. LTD. (CRCC): SALES BY GEOGRAPHIC SEGMENTS (2021-2023)

TABLE 36. CHINA RAILWAY CONSTRUCTION CORP. LTD. (CRCC): KEY STRATERGY

TABLE 37. CHINA COMMUNICATIONS CONSTRUCTION GROUP LTD. (CCCC): COMPANY SNAPSHOT

TABLE 38. CHINA COMMUNICATIONS CONSTRUCTION GROUP LTD. (CCCC): OPERATING BUSINESS SEGMENTS

TABLE 39. CHINA COMMUNICATIONS CONSTRUCTION GROUP LTD. (CCCC): PRODUCT PORTFOLIO

TABLE 40. CHINA COMMUNICATIONS CONSTRUCTION GROUP LTD. (CCCC): SALES BY BUSINESS SEGMENTS (2021-2023)

TABLE 41. CHINA COMMUNICATIONS CONSTRUCTION GROUP LTD. (CCCC): SALES BY GEOGRAPHIC SEGMENTS (2021-2023)

TABLE 42. CHINA COMMUNICATIONS CONSTRUCTION GROUP LTD. (CCCC): KEY STRATERGY

TABLE 43. METALLURGICAL CORPORATION OF CHINA LTD. (MCC): COMPANY SNAPSHOT

TABLE 44. METALLURGICAL CORPORATION OF CHINA LTD. (MCC): OPERATING BUSINESS SEGMENTS

TABLE 45. METALLURGICAL CORPORATION OF CHINA LTD. (MCC): PRODUCT PORTFOLIO

TABLE 46. METALLURGICAL CORPORATION OF CHINA LTD. (MCC): SALES BY BUSINESS SEGMENTS (2021-2023)

TABLE 47. METALLURGICAL CORPORATION OF CHINA LTD. (MCC): SALES BY GEOGRAPHIC SEGMENTS (2021-2023)

TABLE 48. METALLURGICAL CORPORATION OF CHINA LTD. (MCC): KEY STRATERGY

TABLE 49. POWER CONSTRUCTION CORP. OF CHINA: COMPANY SNAPSHOT

TABLE 50. POWER CONSTRUCTION CORP. OF CHINA: OPERATING BUSINESS SEGMENTS

TABLE 51. POWER CONSTRUCTION CORP. OF CHINA: PRODUCT PORTFOLIO

TABLE 52. POWER CONSTRUCTION CORP. OF CHINA: SALES BY BUSINESS SEGMENTS (2021-2023)

TABLE 53. POWER CONSTRUCTION CORP. OF CHINA: SALES BY GEOGRAPHIC SEGMENTS (2021-2023)

TABLE 54. POWER CONSTRUCTION CORP. OF CHINA: KEY STRATERGY

TABLE 55. VINCI SA: COMPANY SNAPSHOT

TABLE 56. VINCI SA: OPERATING BUSINESS SEGMENTS

TABLE 57. VINCI SA: PRODUCT PORTFOLIO

TABLE 58. VINCI SA: SALES BY BUSINESS SEGMENTS (2021-2023)

TABLE 59. VINCI SA: SALES BY GEOGRAPHIC SEGMENTS (2021-2023)

TABLE 60. VINCI SA: KEY STRATERGY

TABLE 61. CHINA ENERGY ENGINEERING CORP. (CEEC): COMPANY SNAPSHOT

TABLE 62. CHINA ENERGY ENGINEERING CORP. (CEEC): OPERATING BUSINESS SEGMENTS

TABLE 63. CHINA ENERGY ENGINEERING CORP. (CEEC): PRODUCT PORTFOLIO

TABLE 64. CHINA ENERGY ENGINEERING CORP. (CEEC): SALES BY BUSINESS SEGMENTS (2021-2023)

TABLE 65. CHINA ENERGY ENGINEERING CORP. (CEEC): SALES BY GEOGRAPHIC SEGMENTS (2021-2023)

TABLE 66. CHINA ENERGY ENGINEERING CORP. (CEEC): KEY STRATERGY

TABLE 67. SHANGHAI CONSTRUCTION GROUP (SCG): COMPANY SNAPSHOT

TABLE 68. SHANGHAI CONSTRUCTION GROUP (SCG): OPERATING BUSINESS SEGMENTS

TABLE 69. SHANGHAI CONSTRUCTION GROUP (SCG): PRODUCT PORTFOLIO

TABLE 70. SHANGHAI CONSTRUCTION GROUP (SCG): SALES BY BUSINESS SEGMENTS (2021-2023)

TABLE 71. SHANGHAI CONSTRUCTION GROUP (SCG): SALES BY GEOGRAPHIC SEGMENTS (2021-2023)

TABLE 72. SHANGHAI CONSTRUCTION GROUP (SCG): KEY STRATERGY

TABLE 73. BOUYGUES GROUP: COMPANY SNAPSHOT

TABLE 74. BOUYGUES GROUP: OPERATING BUSINESS SEGMENTS

TABLE 75. BOUYGUES GROUP: PRODUCT PORTFOLIO

TABLE 76. BOUYGUES GROUP: SALES BY BUSINESS SEGMENTS (2021-2023)

TABLE 77. BOUYGUES GROUP: SALES BY GEOGRAPHIC SEGMENTS (2021-2023)

TABLE 78. BOUYGUES GROUP: KEY STRATERGY

LIST OF FIGURES

FIGURE 1. BARGAINING POWER OF SUPPLIERS

FIGURE 2. BARGAINING POWER OF BUYERS

FIGURE 3. DEGREE OF COMPETITION

FIGURE 4. THREAT OF SUBSTITUTE

FIGURE 5. THREAT OF NEW ENTRANTS

FIGURE 6. MIDDLE EAST CONSTRUCTION MARKET VALUE, BY TYPE, 2023-2030, (MILLION USD)

FIGURE 7. RENOVATION, MARKET VALUE, 2023-2030, (MILLION USD)

FIGURE 8. NEW CONSTRUCTION, MARKET VALUE, 2023-2030, (MILLION USD)

FIGURE 9. MIDDLE EAST CONSTRUCTION MARKET VALUE, BY SECTOR, 2023-2030, (MILLION USD)

FIGURE 10. REAL ESTATE, MARKET VALUE, 2023-2030, (MILLION USD)

FIGURE 11. RESIDENTIAL, MARKET VALUE, 2023-2030, (MILLION USD)

FIGURE 12. COMMERCIAL, MARKET VALUE, 2023-2030, (MILLION USD)

FIGURE 13. INFRASTRUCTURE, MARKET VALUE, 2023-2030, (MILLION USD)

FIGURE 14. TRANSPORTATION, MARKET VALUE, 2023-2030, (MILLION USD)

FIGURE 15. WATER AND WASTEWATER, MARKET VALUE, 2023-2030, (MILLION USD)

FIGURE 16. ENERGY, MARKET VALUE, 2023-2030, (MILLION USD)

FIGURE 17. TELECOMMUNICATION, MARKET VALUE, 2023-2030, (MILLION USD)

FIGURE 18. INDUSTRIAL, MARKET VALUE, 2023-2030, (MILLION USD)

FIGURE 19. MANUFACTURING PLANT, MARKET VALUE, 2023-2030, (MILLION USD)

FIGURE 20. WAREHOUSES, MARKET VALUE, 2023-2030, (MILLION USD)

FIGURE 21. POWER PLANTS, MARKET VALUE, 2023-2030, (MILLION USD)

FIGURE 22. OIL REFINERIES, MARKET VALUE, 2023-2030, (MILLION USD)

FIGURE 23. CHEMICAL PLANTS, MARKET VALUE, 2023-2030, (MILLION USD)

FIGURE 24. CHINA STATE CONSTRUCTION ENGINEERING CORP. LTD. (CSCEC): NET SALES, (2021-2023)

FIGURE 25. CHINA STATE CONSTRUCTION ENGINEERING CORP. LTD. (CSCEC): PRIMARY MARKET COMPETITORS

FIGURE 26. CHINA RAILWAY GROUP LTD. (CREC): NET SALES, (2021-2023)

FIGURE 27. CHINA RAILWAY GROUP LTD. (CREC): PRIMARY MARKET COMPETITORS

FIGURE 28. CHINA RAILWAY CONSTRUCTION CORP. LTD. (CRCC): NET SALES, (2021-2023)

FIGURE 29. CHINA RAILWAY CONSTRUCTION CORP. LTD. (CRCC): PRIMARY MARKET COMPETITORS

FIGURE 30. CHINA COMMUNICATIONS CONSTRUCTION GROUP LTD. (CCCC): NET SALES, (2021-2023)

FIGURE 31. CHINA COMMUNICATIONS CONSTRUCTION GROUP LTD. (CCCC): PRIMARY MARKET COMPETITORS

FIGURE 32. METALLURGICAL CORPORATION OF CHINA LTD. (MCC): NET SALES, (2021-2023)

FIGURE 33. METALLURGICAL CORPORATION OF CHINA LTD. (MCC): PRIMARY MARKET COMPETITORS

FIGURE 34. POWER CONSTRUCTION CORP. OF CHINA: NET SALES, (2021-2023)

FIGURE 35. POWER CONSTRUCTION CORP. OF CHINA: PRIMARY MARKET COMPETITORS

FIGURE 36. VINCI SA: NET SALES, (2021-2023)

FIGURE 37. VINCI SA: PRIMARY MARKET COMPETITORS

FIGURE 38. CHINA ENERGY ENGINEERING CORP. (CEEC): NET SALES, (2021-2023)

FIGURE 39. CHINA ENERGY ENGINEERING CORP. (CEEC): PRIMARY MARKET COMPETITORS

FIGURE 40. SHANGHAI CONSTRUCTION GROUP (SCG): NET SALES, (2021-2023)

FIGURE 41. SHANGHAI CONSTRUCTION GROUP (SCG): PRIMARY MARKET COMPETITORS

FIGURE 42. BOUYGUES GROUP: NET SALES, (2021-2023)

FIGURE 43. BOUYGUES GROUP: PRIMARY MARKET COMPETITOR

KEY PLAYERS

  • China State Construction Engineering Corp. Ltd. (CSCEC)

  • China Railway Group Ltd. (CREC)

  • China Railway Construction Corp. Ltd. (CRCC)

  • China Communications Construction Group Ltd. (CCCC)

  • Metallurgical Corporation of China Ltd. (MCC)

  • Power Construction Corp. of China

  • Vinci SA

  • China Energy Engineering Corp. (CEEC)

  • Shanghai Construction Group (SCG)

  • Bouygues Group


Frequently Asked Questions
Which are the key players operating in the Middle East infrastructure market?

The key market players operating in the Middle East infrastructure market are CSCEC, China Railway Group Ltd. (CREC), CRCC, CCCC, Metallurgical Corporation of China Ltd. (MCC), Power Construction Corp. of China, Vinci SA, China Energy Engineering Corp. (CEEC), SCG, Bouygues Group, and others.

What was the size of the Middle East construction market in 2023?

According to the Next Move Strategy Consulting, the size of the Middle East infrastructure market was estimated at USD 298.00 billion in 2023.

What are the future opportunities in the Middle East construction market?

The integration of building information modeling (BIM) to boost efficiency, precision, and collaboration across various projects is expected to create ample market opportunities for the infrastructure market.

What are the restraining factors which affect the growth of Middle East construction market?

The strict regulatory complexities associated with infrastructure projects is majorly hindering the growth of the infrastructure market.

What will be the size of the Middle East construction market in 2030?

According to the Next Move Strategy Consulting, the size of the Middle East construction market is estimated to be at USD 401.17 billion in 2030.