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Top 10 Construction Companies in the World

Saying the construction industry is large would be a gross understatement. As one of the oldest industries to date, construction has skyrocketed over the last thousands of years–and it keeps growing. Indeed, the global construction market is expected to grow to a massive $8 trillion by 2030. With this anticipated increase, today’s construction companies have their work cut out for them, to say the least. In fact, just to keep up with our world’s basic infrastructure needs, an estimated $3.3 trillion per year will need to be spent on infrastructure through 2030.  

Beyond meeting our world’s most fundamental building needs, construction companies, large and small, are making a huge impact on our global economy. Although the U.S. has one of the largest construction industries in the world, at approximately $1.32 trillion in spending 2018 alone, the majority of the world’s largest construction companies are based in Europe and China. Primarily, these companies are driving development in countries like China, India and the Middle East, in addition to the U.S.

So, who are the top giants in the building industry spurring economic growth and employment around the world? To get you familiar with the major players in the industry, we’ve compiled a SlideShare of some of the top construction companies in the world. Primarily, our list is comprised of rankings from the recent release of 2018 ENR Top 250 International Contractors and we’ve also included information on their location, revenue, year founded and notable projects.  You can also see last year’s list here. Enjoy and flip through below.   

2018 Top 10 International Construction Companies from PlanGrid

10 of the Largest Construction Companies in the World 

Here are the top 10 biggest construction companies in the world, listed above in our SlideShare:

    1. ACS Actividades de Construcción y Servicios S.A.
      • Location: Madrid, Spain
      • Employees: 210,000
      • Revenue: €34.058 billion
      • Founded: 1997
      • Notable Project: Torre Glòries
    2. Hochtief Aktiengesellschaft
      • Location: Essen, Germany
      • Employees: 54,000
      • Revenue: €22.63 billion
      • Founded: 1874
      • Notable Project: Bosphorus Bridge
    3. China Communications Construction Group Ltd.
      • Location: Beijing, China
      • Employees: 118,000
      • Revenue: $70 billion
      • Founded: 2005
      • Notable Project: Yangtze River Highway
    4. VINCI
      • Location: Rueil Malmaison, France
      • Employees: 211,000
      • Revenue: €43.52 billion
      • Founded: 1899
      • Notable Project: Louvre Entrance
    5. Strabag
      • Location: Vienna, Austria
      • Employees: 76,000
      • Revenue: €13.51 billion
      • Founded: 1835
      • Notable Project: Alte Weser Lighthouse
    6. TechnipFMC
      • Location: United Kingdom
      • Employees: 37,000
      • Revenue: $13 billion
      • Founded: 2017
      • Notable Projects: FPSO Dalia
    7. Bouygues
      • Location: Paris, France
      • Employees: 115,000
      • Revenue: €32.9 billion
      • Founded: 1952
      • Notable Project: Musée d’Orsay
    8. China State Construction Engineering Corp. Ltd.
      • Location: Beijing, China
      • Employees: 270,000
      • Revenue: $28.49 billion
      • Founded: 1957
      • Notable Projects: Shanghai World Financial Center 
    9. Skanska AB
      • Location: Stockholm, Sweden
      • Employees: 43,000
      • Revenue: $18.15 billion
      • Founded: 1887
      • Notable Project: MetLife Stadium
    10. Power Construction Corp. of China
      • Location: Beijing, China
      • Employees: 135,000
      • Revenue: $45.6 billion
      • Founded: 2011
      • Notable Project: Adama Wind Farm

How Top Construction Companies Are Building Our World

Skyscraper by skyscraper, bridge by bridge, stadium by stadium, the biggest construction companies in the world are not only continuing to grow a massive industry; they’re truly building and shaping our environment. And the demand for construction continues to grow. A strong global economy goes hand-in-hand with construction’s growth. As of now, the IMF estimates that construction’s global growth is going to increase over 2018, with its latest forecasts predicting an increase of 3.5% over the course of this year.

The math is simple. Where there are people, there is construction. Currently, the global population is estimated to grow to 9 billion by 2050, with two-thirds of people predicted to be living in cities. Beyond just building out world, construction companies are also helping to build careers. On the whole, the industry employs more than 180 million workers worldwide–and this number is increasing each year. Just in the U.S., 75% of contractors reported that they are adding to their headcounts in 2018.

No matter how you look at it, the future of construction companies looks bright–as long as companies continue to innovate with the use of technology, improving their productivity in the process.

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