The other heavy and civil engineering construction include establishments involved in heavy and engineering construction projects. Construction projects involving development of marine facilities, water facilities, and projects involving open space improvement are included in this industry.
The global other heavy and civil engineering construction market was valued at $1590.6 billion in 2017. Asia Pacific was the largest geographic region accounting for $1186.6 billion or 74.6% of the global market. China was the largest country accounting for $698.3 billion or 43.9% of the global other heavy and civil engineering construction market.
Increase in productivity of marine contractors is a major trend. The offshore productivity or the productivity of marine contractors has been increasing in recent years owing to better automation and monitoring technologies. This increase in productivity is seen particularly in dredging, land reclamation and offshore construction of oil platforms, and can be attributed to mechanical improvements, automation and better monitoring of offshore construction projects. Another productivity-enhancer has been modular building, which can speed up construction.
Companies Covered: Hochtief, Actividades de Construccion y Servicios SA, ROYAL BOSKALIS WESTMINSTER, Bechtel, VInci SA
Market Segments Included: Marine And Ports Construction; Rail Road Construction; Sea Wall Construction; Trenching & Underground Contractors; Dredging
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