Market Share of Australia Construction Industry
The Australian construction market is partially consolidated and highly competitive, with a few players occupying the major share. In terms of private companies, the Lendlease Group and CIMIC Group are two of the biggest names in Australia's construction industry. Major players in the market are moving toward innovation and digitalization. Explore, a new global technology company of the CIMIC Group, is jointly undertaking a series of research projects, partnering with MIT and IBM, contributing to the research and development of artificial and augmented intelligence related to the construction industry. Australia has numerous home-grown EPC (engineering, procurement, creation) groups that are mainly well set up within the mining-associated engineering creation sector. However, a number of them additionally have massive distant places undertaking experience.
Australia Construction Market Leaders
-
Laing O’Rourke
-
Hutchinson Builders
-
CPB Contractors
-
Lendlease Corporation
-
CIMIC Group
*Disclaimer: Major Players sorted in no particular order