The global construction market data from the Business Research Company’s latest research showed that the market is expected to grow at CAGR of 7.5% from 2021 and reach $15 trillion by 2023. The top ten players constitute about 4.7% of the market. The possible reason for this is that there are large number of small players in E&C industry who cater to customers which are closer to their locations. Despite the impacts due to pandemic, there are reasons to be optimistic for the industry. The industry has applied learnings from the 2008 recession and is positioned to make the best out of 2021.

Posted by Dean C. Durbin, PE, MBA.

Read the Entire Spring 2021 Engineering and Construction Report Here

The post Spring 2021 | M&A Report In The Engineering & Construction Industry Sector appeared first on CFA. The author is Dean Durbin.