Despite having some of the lowest productivity gains of any industry, the construction market maintains a global annual turnover of $10 trillion.
Unsurprisingly, the majority of the world’s largest construction companies are based in Europe and China.
These long-standing companies are now driving development in emerging regions such as, India and the Middle East and the United States.
So, who are the top giants in the building industry spurring economic growth and employment around the world?
TechnipFMC is a global leader in subsea, onshore, offshore, and surface technologies.
Revenue: $18.04bn
Headquarters: London, United Kingdom
Number of Employees: 44,000
Revenue per Employee: $409,956
Austrian construction company Strabag is the largest construction company in Austria and one of the largest construction companies in Europe.
Revenue: $19.84bn
Headquarters: Vienna, Austria
Number of Employees: 76,000
Revenue per Employee: $261,077
Skanska is one of the world's leading construction and project development companies, focused on selected home markets in the Nordic region, Europe and USA.
Revenue: $25.25bn
Headquarters: Stockholm, Sweden
Number of Employees: 43,000
Revenue per Employee: $587,284
Hocktief is one of the world's leading construction groups operating for over 140 years within the construction industry.
Revenue: $31.56bn
Headquarters: Essen, Germany
Number of Employees: 70,000
Revenue per Employee: $450,951
Bechtel is an engineering, procurement, construction, and project management company. It is the largest construction company in the United States and the eighth largest privately owned American company.
Revenue: $45.09bn
Headquarters: San Francisco, USA
Number of Employees: 53,000
Revenue per Employee: $849,592
Bouygues is an industrial group headquartered in the eighth arrondissement of Paris, France. Bouygues is listed on Euronext Paris exchange and is a blue chip in the CAC 40 stock market index.
Revenue: $50.50bn
Headquarters: Paris, France
Number of Employees: 118,000
Revenue per Employee: $428,021
Actividades de Construcción y Servicios is a Spanish company dedicated to civil and engineering construction, services and telecommunications.
Revenue: $54.14bn
Headquarters: Madrid, Spain
Number of Employees: 210,000
Revenue per Employee: $257,686
Vinci is a French concessions and construction company founded in 1899. The company operates in more than 100 countries around the world.
Revenue: $59.52bn
Headquarters: Rueil-Malmaison, France
Number of Employees: 183,000
Revenue per Employee: $325,276
Power Construction Corporation of China provides engineering, procurement, and construction services for the development of hydropower, water works, thermal power, new energy, and transmission and distribution projects in China and internationally.
Revenue: $63.13bn
Headquarters: Beijing, China
Number of Employees: 135,000
Revenue per Employee: $449,614
China Communications Construction Company is a publicly-traded, multinational engineering and construction company primarily engaged in the design, construction and operation of infrastructure assets, including highways, bridges, tunnels, railways, subways, airports, and marine ports.
Revenue: $75.75bn
Headquarters: Beijing, China
Number of Employees: 100,000
Revenue per Employee: $757,598