摘要: |
The Latin America infrastructure construction market size was valued at $230.6bn in 2023 and is estimated to grow at a compound annual growth rate (CAGR) of 3.8% between 2022 and 2026, according to GlobalData. The project pipelines from countries including Brazil, Mexico, Colombia, and Argentina strongly support regional growth and offer great potential sales for off-highway equipment manufacturers. GlobalData states that the aforementioned four countries, in terms of construction output value, accounted for more than 70% of the overall regional share in 2023. In addition, these countries are estimated to dominate the regional project pipeline with an approximate share of 69%. Brazil is anticipated to remain the front-runner with a share of more than 42% of the overall regional project pipeline. |