Top 10 Best Largest Construction Companies in the World
How the Largest Construction Companies in the World Are Building Our Towns and Workforce
Announcing the construction industry as excellent would be a gross oversimplification. As one of the most beloved industries to date, construction has skyrocketed over the end thousands of years–and it keeps growing. Indeed, the global construction market is awaited to grow to a massive $10.5 trillion by 2023. With this expected rise, today’s construction companies have their work cut out for them. Ahead of meeting our world’s most fundamental building requirements, construction companies, big and small, significantly impact our global economy. But the U.S. has one of the biggest construction industries globally, at approximately $1.4 trillion in 2020. Several of the world’s largest construction companies are based in China and Europe. Typically, these companies drive development in countries like China, Middle East, India, and the U.S.
Then, who are the top giants in the building industry encouraging economic increase and employment worldwide? To get you expected with the leading players in the industry, we’ve gathered a SlideShare of a few of the top construction companies in the world. Our list comprises rankings from the release of ENR Top 250 International Contractors, and we’ve also added knowledge on their location, year founded, revenue, and meaningful projects. Use and flip through here.
Top 10 Best Construction Companies in the World from Autodesk Construction Solutions
10 of the Biggest Construction Firms in the World
Here are the top 10 best international construction companies in the world, wrote above in our list:
1. (VINCI)
- Location: Rueil Malmaison, France
- Employees: 222,000
- Revenue: €48.05 billion
- Founded: 1899
- Important Project: Louvre Entrance
2. (China Communications Construction Group Ltd.)
- Location: Beijing, China
- Employees: 147,000
- Revenue: $79.8 billion
- Founded: 2005
- Important Project: Yangtze River Highway
3.(ACS Actividades de Construcción y Servicios S.A.)
- Locating: Spain, Madrid
- Employees: 190,500
- Revenue: €39 billion
- Founded: 1997
- Critical Project: Torre Glòries
4. (Bouygues)
- Location: Paris, France
- Employees: 130,500
- Revenue: €35.55 billion
- Founded: 1952
- Important Project: Musée d’Orsay
5. (Strabag)
- Location: Vienna, Austria
- Employees: 74,000
- Revenue: €15.7 billion
- Founded: 1835
- Important Project: Alte Weser Lighthouse
6. (Power Construction Corp. of China)
- Location: Beijing, China
- Employees: 133,000
- Revenue: ¥347.7 billion
- Founded: 2011
- Important Project: Adama Wind Farm
7. (China State Construction Engineering Corp. Ltd.)
- Location: Beijing, China
- Employees: 335,000
- Revenue: ¥203 billion
- Founded: 1957
- Essential Projects: Shanghai World Financial Center
8. (Skanska AB)
- Location: Stockholm, Sweden
- Employees: 31,000
- Revenue: KR160.3 billion
- Founded: 1887
- Important Project: MetLife Stadium
9. (Hochtief Aktiengesellschaft)
- Location: Essen, Germany
- Employees: 47,000
- Revenue: €21.1 billion
- Founded: 1874
- Important Project: Bosphorus Bridge
10: (TechnipFMC)
- Location: London, United Kingdom
- Employees: 37,000
- Revenue: $13 billion
- Founded: 2017
- Important Projects: FPSO Dalia
How Best Construction Companies Are Building Our World
Bridge by bridge, stadium by the stadium, skyscraper by a skyscraper, the largest construction companies in the world are not only remaining to become a vast industry; they’re genuinely building and developing our environment. And the demand for construction continues to rise. A robust global economy goes hand-in-hand with construction growth. Now the global construction industry is demanded to move an expected $10.5 trillion by 2023. Also it is projected to rise at a CAGR of 4.2% from 2018 to 2023.
The math is easy. Wherever there are people, there is construction. Currently, the global population is estimated to rise to 9 billion by 2050, with 2-thirds of people predicted to be living in cities. Behind just building our world, construction companies are also serving to develop careers. The industry employs more further than 180 million workers worldwide–and this number is increasing per year.
No concern how you look at it, the future of construction companies seems bright–as long as companies continue to innovate with the usage of technology, improving their productivity in the rule.
Ready to view how you stack up? Check out our Workflow Benchmarking Tool.
The Next Generation of Construction Companies
Will they be in the best top international construction companies in the next 10, 20, 30 years? Only time will say. However, one thing can be prophesied; the companies that will outshine the rest will adapt and evolve with current times. In other words, companies that include new construction markets, innovations, and a diverse and globalized workforce will appear as the future champions of the building industry.
