In 2024, the Mexico Construction Market reached $341.44 billion, and is projected to surge to $604.58 billion by 2030, at a CAGR of 9.0% from 2025 to 2030.

The Mexico construction market attained a value of USD 133.03 Billion in 2024. The industry is expected to grow at a CAGR of 5.20% during the forecast period of 2025-2034 to reach USD 220.85 Billion by 2034.

Between 2021 and 2023, the relative size of the construction industry in Mexico as a share of its gross domestic product (GDP) rose significantly. Mexico's construction sector amounted to **** percent of its GDP in 2023. The revenue of Mexico's construction sector also rose during that period in overall terms.

The construction industry in Mexico reached a value of approximately 93 billion U.S. dollars in 2018. The industry's value is forecasted to increase annually until 2021, amounting to almost 121 billion dollars that year. The Brazilian construction sector is also set to grow in the next few years.

The Mexico Data Center Construction Market report segments the industry into By Infrastructure (By Electrical Infrastructure, By Mechanical Infrastructure, General Construction), By Electrical Infrastructure (Power Distribution Solution, Power Backup Solutions, and more), By Mechanical Infrastructure, By Tier Type (Tier-I and II, Tier-III, Tier-IV), and By End User.

Mexico Construction Market growth is driven by increasing infrastructure investments, urbanization, and technological advancements in construction methods.

The value of building construction projects in Mexico amounted to *** billion Mexican pesos in 2024. That year, the infrastructure for transport and urbanization construction was valued at *** billion Mexican pesos, making it the second largest segment of the industry. CICSA, a subsidiary of Grupo Carso, was the largest construction and infrastructure firm in Mexico, by net sales.

Ciudad de Mexico was the state with most of the construction work in Mexico in 2024. Meanwhile, the value of construction works amounted to ***** billion Mexican pesos in Nuevo León and *** billion Mexican pesos in Jalisco. The segments with the most construction put in place were for buildings, as well as transport infrastructure and urbanization.

In 2024, the revenue of building construction in Mexico amounted to *** billion Mexican pesos, which was higher than for any other construction segment. Specialty contractors’ share of the industry revenue is significantly smaller than for the other two segments.

The Latin American construction market, valued at $675.99 million in 2025, is projected to experience robust growth, driven by significant infrastructure development initiatives across the region. Governments in countries like Brazil, Mexico, and Colombia are investing heavily in transportation networks, energy projects, and housing programs, fueling demand for construction services. Furthermore, a burgeoning middle class in several Latin American nations is driving residential construction, particularly in urban areas. The market is segmented into residential, commercial, industrial, infrastructure, and energy & utilities sectors, with infrastructure and residential segments expected to be the key growth drivers over the forecast period. While economic volatility and fluctuating commodity prices pose challenges, the overall positive outlook for economic growth across several key Latin American economies supports a continued expansion of the construction sector. The forecast period (2025-2033) anticipates a compound annual growth rate (CAGR) of 5%, indicating a steady and sustained market expansion. Key players like Sigdo Koppers, Echeverria Izquierdo, Mota-Engil, and others are well-positioned to capitalize on these growth opportunities. However, competition is intensifying, and companies will need to focus on innovation, cost efficiency, and sustainable building practices to maintain a competitive edge. The market's performance will also be significantly influenced by government policies, investment in sustainable infrastructure, and the overall macroeconomic climate in each specific country within Latin America. Brazil, Mexico, and Colombia are expected to remain the largest markets within the region, due to their large populations, ongoing urbanization, and substantial government spending on infrastructure projects. This in-depth report provides a comprehensive analysis of the Latin America construction market, covering the period 2019-2033. It offers invaluable insights for investors, industry professionals, and anyone seeking to understand the dynamics of this rapidly evolving sector. With a focus on key market trends, leading players, and future growth projections, this report is essential for strategic decision-making. The base year for this analysis is 2025, with estimations for 2025 and forecasts extending to 2033, built upon historical data from 2019-2024. Recent developments include: May 2023: Holcim acquires PASA®, a leading roofing and waterproofing solutions producer in Mexico and Central America, with pro forma net sales of USD 38 million. As a leader in innovation, sustainability, and quality, PASA® expands Holcim’s roofing and waterproofing offer and strengthens its regional business footprint. By integrating the existing PASA® distribution network with waterproofing solutions from its GacoFlex product range, Holcim will deliver more customer value with an enhanced supply chain., May 2023: Sika has acquired the MBCC Group, a leading global supplier of construction chemicals. With a focus on innovation and sustainability, MBCC Group has been at the forefront of driving positive change in the construction industry. By joining forces, Sika and MBCC Group have created a workforce of 33,000 experts and achieved net sales of more than CHF 12 billion (USD 13.21 billion).. Key drivers for this market are: Increase in residential construction driving the market, Development of hospitality infrastructure driving the market. Potential restraints include: Limited access to financing, Shortage of skilled labor. Notable trends are: Increase in residential construction driving the market.

In Mexico 3D Printing Construction Market is projected to grow from USD 1.2 billion in 2025 to USD 5.4 billion by 2031, at a CAGR of 28.7%

Mexico Building Construction Market is expected to grow during 2025-2031

The Latin American construction market, valued at $675.99 million in 2025, exhibits robust growth potential, projected to expand at a 5% CAGR from 2025 to 2033. This expansion is driven by several factors. Significant investments in infrastructure development across the region, fueled by government initiatives aimed at improving transportation networks, energy grids, and water management systems, are key contributors. Furthermore, a burgeoning population and rapid urbanization in major cities like São Paulo, Mexico City, and Buenos Aires are driving demand for residential and commercial construction. The increasing adoption of sustainable building practices and the use of innovative construction technologies further contribute to market growth. However, economic volatility in some Latin American countries, along with potential labor shortages and supply chain disruptions, pose challenges to sustained expansion. The market segmentation reveals significant opportunities across various sectors, with infrastructure projects potentially experiencing the highest growth due to large-scale government investments. The competitive landscape is characterized by a mix of large multinational firms and regional players, indicating a dynamic market with both established players and emerging opportunities. The diverse nature of the Latin American construction market presents both challenges and opportunities. Brazil, Mexico, and Argentina dominate the regional market, accounting for a substantial portion of the total value. However, countries like Colombia, Peru, and Chile also present significant growth potential due to expanding economies and infrastructure development plans. Understanding the specific regulatory environments, economic conditions, and infrastructure priorities within each country is crucial for successful market entry and penetration. The residential segment is expected to remain a significant driver, particularly in rapidly urbanizing areas, while the industrial and energy sectors are likely to benefit from increased investment in manufacturing and renewable energy projects. Careful consideration of risk factors, including political stability, inflation, and currency fluctuations, is necessary for investors and businesses operating within this dynamic market. Recent developments include: May 2023: Holcim acquires PASA®, a leading roofing and waterproofing solutions producer in Mexico and Central America, with pro forma net sales of USD 38 million. As a leader in innovation, sustainability, and quality, PASA® expands Holcim’s roofing and waterproofing offer and strengthens its regional business footprint. By integrating the existing PASA® distribution network with waterproofing solutions from its GacoFlex product range, Holcim will deliver more customer value with an enhanced supply chain., May 2023: Sika has acquired the MBCC Group, a leading global supplier of construction chemicals. With a focus on innovation and sustainability, MBCC Group has been at the forefront of driving positive change in the construction industry. By joining forces, Sika and MBCC Group have created a workforce of 33,000 experts and achieved net sales of more than CHF 12 billion (USD 13.21 billion).. Key drivers for this market are: Increase in residential construction driving the market, Development of hospitality infrastructure driving the market. Potential restraints include: Increase in residential construction driving the market, Development of hospitality infrastructure driving the market. Notable trends are: Increase in residential construction driving the market.

The report on Mexico Data Center Construction covers a summarized study of several factors supporting market growth, such as market size, market type, major regions, and end-user applications. The report enables customers to recognize key drivers that influence and govern the market.

In Mexico Composites in Construction Market , was valued at approximately USD 10.11 billion in 2022 and is projected to reach USD 12.45 billion by 2029,

The Mexico construction equipment market size by volume was valued at 29,323 units in 2023 and is expected to reach 36,183 units by 2029, growing at a CAGR of 3.57%

Graph and download economic data for Production: Industry: Total Industry Excluding Construction for Mexico (MEXPRINTO01GPSAM) from Jan 1980 to Jun 2025 about Mexico, construction, and production.

The North American construction market, valued at $2.46 trillion in 2025, is projected to experience robust growth, driven by a compound annual growth rate (CAGR) of 4.82% from 2025 to 2033. This expansion is fueled by several key factors. Firstly, increasing urbanization and population growth across the United States, Canada, and Mexico are creating significant demand for new residential and commercial buildings. Secondly, substantial investments in infrastructure projects, particularly in transportation networks and energy infrastructure upgrades, are stimulating considerable growth within the infrastructure construction segment. Furthermore, government initiatives promoting sustainable building practices and resilient infrastructure are further accelerating market expansion. The residential sector, encompassing new construction, additions, and renovations, constitutes a significant portion of the market, driven by strong housing demand and mortgage availability. Conversely, the commercial sector is experiencing growth fueled by expansion of existing businesses and the rise of e-commerce, necessitating more warehouse and logistics spaces. The industrial construction segment is also experiencing growth due to reshoring and near-shoring trends. However, the market is not without challenges. Rising material costs, labor shortages, and supply chain disruptions pose significant constraints on construction activity and project timelines. These factors contribute to increased project costs and potential delays. Furthermore, regulatory hurdles and permitting processes can impede project development. Despite these headwinds, the long-term outlook for the North American construction market remains positive, driven by sustained demand and ongoing investments in infrastructure and housing. Key players like Lennar Corporation, D.R. Horton, and Kiewit Corporation are well-positioned to capitalize on these opportunities while navigating the challenges. The market segmentation by construction type (additions, demolition, and new constructions) offers valuable insights into specific growth areas within this expansive sector. Recent developments include: June 2023: AXA XL's North American construction insurance business launched the Sustainability Circle. It is a network comprising 21 leaders in the sustainable construction industry. The goal of the initiative is to assist clients achieve their sustainability goals and enhance their construction risk management efforts., April 2023: Greystar Real Estate Partners LLC (“Greystar”) opened its flagship manufacturing facility for its modular construction business, Modern Living Solutions (“MLS”), which focuses on attainable and sustainable housing. The milestone was met with a ribbon-cutting ceremony at the western Pennsylvania site where MLS employed 170 full-time employees to execute the ramp-up and operations of its first modular factory.. Key drivers for this market are: Population Growth and Disposable Income, Demand from Office Sector Returning Post COVID-; Non-residential Construction on Upward Trend. Potential restraints include: Population Growth and Disposable Income, Demand from Office Sector Returning Post COVID-; Non-residential Construction on Upward Trend. Notable trends are: Residential Construction Segment Holds the Major Share in the Market.

Graph and download economic data for Production: Industry: Total Industry Including Construction for Mexico (MEXPRINTO02IXOBSAM) from Jan 1980 to Oct 2023 about Mexico, construction, and production.

Mexico Data Center Construction Market size was valued at USD 2.00 Billion in 2024 and is expected to reach USD 6.50 Billion by 2032, growing at a CAGR of 15.8% from 2026 to 2032.Mexico Data Center Construction Market: Definition/ OverviewData center construction refers to the process of designing, building, and equipping facilities that house an organization’s IT infrastructure, including servers, storage systems, and networking hardware. These facilities are designed to store, process, and manage vast amounts of data, ensuring continuous availability, security, and high performance. Data centers are critical to supporting cloud computing, big data analytics, enterprise IT systems, and internet services.The growing demand for digital transformation, cloud computing, AI, and IoT applications is accelerating data center construction across the globe. In the future, as data traffic and the need for high-performance computing continue to rise, data centers will evolve to incorporate advanced technologies like edge computing, renewable energy sources, and greater automation, positioning them as the backbone of digital economies worldwide.