The report also includes an assessment of the infrastructure project pipelines across all major regions. This report provides a detailed analysis of the prospects for the global infrastructure construction industry up to 2025, including an assessment of the impact of COVID-19. Thereafter, there will continue to be relatively high levels of growth, averaging 4.9% a year in 2022-2025. Infrastructure construction, which includes of roads, railways, power and electricity, water and sewerage, and other infrastructure (which mainly comprises airports and marine / inland waterways), had been growing at a relatively fast pace prior to the COVID-19 outbreak, with global output expanding by an average of 4.2% in 2018-2019, and there is expected to be a sharp acceleration in 2021, with output jumping by 6.2%. The pace of growth in real terms in infrastructure investment stood at 2.7% in 2020, pushing the total output value to US$3.4 trillion. Although heavily impacted by the disruption caused by the COVID-19 pandemic, global infrastructure construction output still expanded in 2020, as governments around the world sought to stimulate economic activity through investments in transport infrastructure and clean energy. Speak directly to the analyst to clarify any post sales queries you may have.
