Australia Construction Market Size, Competitors & Forecast

Australia Construction Market Size, Trends, and Forecasts by Sector - Commercial, Industrial, Infrastructure, Energy and Utilities, Institutional and Residential Market Analysis to 2030 (Q3 2026)

Summary

The analyst estimates that the Australian construction industry will expand by 4.8% in real terms in 2026, supported by strong building approvals, rising tourism activity, and increased government spending in the energy sector. According to the Australian Bureau of Statistics (ABS), the total value of buildings approved in Australia grew by 21.9% year-on-year (YoY) in the first half of 2026 (H1 2026), driven by a 25.1% YoY increase in non-residential buildings approved and a 19.6% rise in residential buildings approved during the same period. Growth is also expected to be supported by strong tourist arrivals and hotel investments ahead of the 2032 Brisbane Olympics. In early August 2026, the Logan Indoor Sports Centre received environmental approval, clearing a key hurdle for the 7,000-seat venue, which forms part of the AUD7.1 billion ($4.6 billion) Games Venues Infrastructure Program, covering 17 new and upgraded venues across Queensland.

The analyst expects the Australian construction industry to register average annual growth of 3.2% between 2027 and 2030, supported by increasing private-sector investment across industrial, housing, data center, and renewable energy projects, alongside continued government spending on transport and housing infrastructure. A key emerging driver will be the rapid expansion of data center infrastructure, with the Commonwealth Bank of Australia (CBA), or CommBank, estimating in early August 2026 that data center investment in Australia could reach around AUD150 billion ($96.7 billion) by 2030. Reflecting this growing demand, the Northern Territory Government awarded 185ha of land near Darwin to Beetaloo Digital in July 2026 for a planned 2GW data center, which could attract up to AUD40 billion ($25.8 billion) in private investment. Alongside the expansion of digital infrastructure, the transition toward renewable energy is expected to provide another significant boost to the construction industry. The government’s target of generating 82% of electricity from renewable sources by 2030, reducing emissions by 62-70% from 2005 levels by 2035, and achieving net zero by 2050 is expected to drive investment in renewable energy infrastructure over the coming years.

The analyst’s Construction in Australia - Key Trends and Opportunities by State and Territory to 2030 (Q3 2026) report provides detailed market analysis, information, and insights into the Australian construction industry, including:

The Australian construction industry's growth prospects by market, project type, and construction activity
Critical insight into the impact of industry trends and issues, as well as an analysis of key risks and opportunities in the Australian construction industry
Analysis of the mega-project pipeline, focusing on development stages and participants, in addition to listings of major projects in the pipeline.

Scope

This report provides a comprehensive analysis of the construction industry in Australia. It provides:

Historical (2021-2025) and forecast (2026-2030) valuations of the construction industry in Australia, featuring details of key growth drivers.
Segmentation by sector (commercial, industrial, infrastructure, energy and utilities, institutional and residential) and by sub-sector
Analysis of the mega-project pipeline, including breakdowns by development stage across all sectors, and projected spending on projects in the existing pipeline.
Listings of major projects, in addition to details of leading contractors and consultants

Reasons to Buy

Identify and evaluate market opportunities using our standardized valuation and forecasting methodologies
Assess market growth potential at a micro-level with over 600 time-series data forecasts
Understand the latest industry and market trends
Formulate and validate business strategies using the analyst's critical and actionable insight
Assess business risks, including cost, regulatory and competitive pressures
Evaluate competitive risk and success factors

1 Executive Summary2 Construction Industry: At-a-Glance

3 Context

3.1 Economic Performance
3.2 Political Environment and Policy
3.3 Demographics
3.4 Risk Profile

4 Construction Outlook

4.1 All Construction

Outlook
Latest news and developments
Construction Projects Momentum Index

4.2 Commercial Construction

Outlook
Project analytics
Latest news and developments

4.3 Industrial Construction

Outlook
Project analytics
Latest news and developments

4.4 Infrastructure Construction

Outlook
Project analytics
Latest news and developments

4.5 Energy and Utilities Construction

Outlook
Project analytics
Latest news and developments

4.6 Institutional Construction

Outlook
Project analytics
Latest news and developments

4.7 Residential Construction

Outlook
Project analytics
Latest news and developments

5 Construction Outlook - States and Territories

5.1 New South Wales
5.2 Victoria
5.3 Queensland
5.4 South Australia
5.5 Western Australia
5.6 Tasmania
5.7 Northern Territory
5.8 Australian Capital Territory

6 Key Industry Participants

6.1 Contractors
6.2 Consultants

7 Construction Market Data

8 Appendix

8.1 What is this Report About?
8.2 Definitions
8.3 CRI Methodology

9 About the Analyst10 Contact Us

List of Tables

Table 1: Construction Industry Key Data
Table 2: Australia, Key Economic Indicators
Table 3: Australia, Commercial Construction Output by Project Type (Real % Change), 2021-30
Table 4: Australia, Top Commercial Construction Projects by Value
Table 5: Australia, Industrial Construction Output by Project Type (Real % Change), 2021-30
Table 6: Australia, Top Industrial Construction Projects by Value
Table 7: Australia, Infrastructure Construction Output by Project Type (Real % Change), 2021-30
Table 8: Australia, Top Infrastructure Construction Projects by Value
Table 9: Australia, Energy and Utilities Construction Output by Project Type (Real % Change), 2021-30
Table 10: Australia, Top Energy and Utilities Construction Projects by Value
Table 11: Australia, Institutional Construction Output by Project Type (Real % Change), 2021-30
Table 12: Australia, Top Institutional Construction Projects by Value
Table 13: Australia, Residential Construction Output by Project Type (Real % Change), 2021-30
Table 14: Australia, Top Residential Construction Projects by Value
Table 15: Australia, Key Contractors
Table 16: Australia, Key Consultants
Table 17: Australia, Construction Output Value (Real, $ Million)
Table 18: Australia, Construction Output Value (Nominal, AUD Million)
Table 19: New South Wales, Construction Output Value (Real, $ Million)
Table 20: New South Wales, Construction Output Value (Nominal, AUD Million)
Table 21: Victoria, Construction Output Value (Real, $ Million)
Table 22: Victoria, Construction Output Value (Nominal, AUD Million)
Table 23: Queensland, Construction Output Value (Real, $ Million)
Table 24: Queensland, Construction Output Value (Nominal, AUD Million)
Table 25: South Australia, Construction Output Value (Real, $ Million)
Table 26: South Australia, Construction Output Value (Nominal, AUD Million)
Table 27: Western Australia, Construction Output Value (Real, $ Million)
Table 28: Western Australia, Construction Output Value (Nominal, AUD Million)
Table 29: Tasmania, Construction Output Value (Real, $ Million)
Table 30: Tasmania, Construction Output Value (Nominal, AUD Million)
Table 31: Northern Territory, Construction Output Value (Real, $ Million)
Table 32: Northern Territory, Construction Output Value (Nominal, AUD Million)
Table 33: Australia Capital Territory, Construction Output Value (Real, $ Million)
Table 34: Australia Capital Territory, Construction Output Value (Nominal, AUD Million)
Table 35: GlobalData Construction Market Definitions
Table 36: GlobalData Construction Market Definitions
Table 37: Ratings, Scores and Definitions

List of Figures

Figure 1: Australasia, Construction Output (Real % Change), 2024-30
Figure 2: Australia, Construction Output by Sector (Real % Change), 2024-26 and 2027-30
Figure 3: Australia, Risk Summary
Figure 4: Australia, Risk Regional Comparison
Figure 5: Australia, Construction Output Value (Real, $ Million, 2022 Prices and Exchange Rate), 2021-30
Figure 6: Australia, Construction Output Value, by Sector (Real, $ Million), 2021-30
Figure 7: Australia, Total Value of Construction Work Done, AUD Billion Chain Volume Measures
Figure 8: Australia, Total Value of Building Construction Works Done, % Change YoY
Figure 9: Australia, Construction Wage Price Index, 2008-2009 = 100, Hourly Pay (Excluding Bonuses)
Figure 10: Australia, Construction Projects Momentum Index
Figure 11: Australasia, Construction Projects Momentum Index
Figure 12: Australia, Commercial Construction Output by Project Type (Real, $ Million), 2021-30
Figure 13: Australia, Commercial Construction Projects Pipeline, Value by Stage ($ Million)
Figure 14: Australia, Nominal Value of Commercial Buildings Approved (AUD Million)
Figure 15: Australia, Short-Term Visitor Arrivals, in Thousands
Figure 16: Australia, Industrial Construction Output by Project Type (Real, $ Million), 2021-30
Figure 17: Australia, Industrial Construction Projects Pipeline, Value by Stage ($ Million)
Figure 18: Australia, Nominal Value of Buildings Approved for Factories and Other Secondary Production Buildings (AUD Million)
Figure 19: Australia, Total Exports, Current Prices, (AUD Billion)
Figure 20: Australia, Infrastructure Construction Output by Project Type (Real, $ Million), 2021-30
Figure 21: Australia, Infrastructure Construction Projects Pipeline, Value by Stage ($ Million)
Figure 22: Australia, Energy and Utilities Construction Output by Project Type (Real, $ Million), 2021-30
Figure 23: Australia, Energy and Utilities Construction Projects Pipeline, Value by Stage ($ Million)
Figure 24: Australia, Total Value of Natural Gas Exports (in AUD Million)
Figure 25: Australia, Institutional Construction Output by Project Type (Real, $ Million), 2021-30
Figure 26: Australia, Institutional Construction Projects Pipeline, Value by Stage ($ Million)
Figure 27: Australia, Institutional Building Approvals (AUD Million)
Figure 28: Australia, Residential Construction Output by Project Type (Real, $ Million), 2021-30
Figure 29: Australia, Residential Construction Projects Pipeline, Value by Stage ($ Million)
Figure 30: Australia, Australia, Total Value of Residential Building Construction Work Done, AUD Billion in Chain Volume Measures
Figure 31: Australia, Total Number of Dwelling Units Approved
Figure 32: Australia, Value of Owner Occupier First Home Buyer Loan Commitments (% Change YoY)
Figure 33: Australia, Headquarters of Key Contractors (% of Total Project Pipeline)
Figure 34: Australia, Headquarters of Key Consultants (% of Total Project Pipeline)

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Australia Construction Market Size, Trends, and Forecasts by Sector - Commercial, Industrial, Infrastructure, Energy and Utilities, Institutional and Residential Market Analysis to 2030 (Q3 2026)

Summary

Scope

This report provides a comprehensive analysis of the construction industry in Australia. It provides:

Reasons to Buy

Table of Contents

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