As the world continues to deal with the consequences of COVID-19 on health and the economy, forecasters are not sure when meaningful growth is to return exactly. Economies in many countries worldwide slowed down in 2020 - or even declined. Meanwhile, demand for climate friendly solutions and decarbonization has never been higher. The same can be said for infrastructure maintenance and safety, given the collapse of public works – such as in Genoa (Italy) or in Brumadinho (Brazil) – or technological malfunctions – such as the California wildfires, believed to have been caused by badly maintained power lines. Governments, and other parties involved in infrastructure will have to address these issues in the future.
Infrastructure spending varies heavily per country, for various reasons. Some countries might have a more outdated infrastructure that needs modernization, in other countries infrastructure might not necessarily top of the priority list. Overall, investments in infrastructure were higher in upcoming countries than they were in, for instance, Western Europe.
Africa’s biggest infrastructure projectsChanges in climate can bring about either drought or floods. Structures like seawalls or dikes can be built through engineering to help protect communities from flooding. Agricultural production can also be affected, though, due to drought. Facilities and software that can convert wastewater to nitrogen and other re-usable nutrients could play a part in reducing water consumption within a circular economy.
Satisfaction with water and sewer infrastructure worldwideIncreasingly, the focus within infrastructure leans towards renewal - the maintenance and re-construction of existing assets - and sustainability. As countries increase efforts to reduce greenhouse gas emissions, investment in smart and resilient infrastructure is expected to increase. Long-term planning and investment has become increasingly challenging, in the meantime, due to geopolitical events or public budget constraints.
Airport maintenance costs in TurkeyWind ranks as one of the most commercialized renewable energy source, and companies are increasingly asked to build more wind farms. Roughly 80 percent of global onshore capacity is located in Europe, but this differs for offshore. Here, China is becoming a leading nation as it constructs more and more wind farms in its surrounding oceans.
Offshore projects, by manufacturerThe Heavy Construction on Statista revolves around infrastructure construction, industrial construction, and civil engineering - the building and maintenance of public works – and includes topics like:
Mon - Fri, 9am - 6pm (EST)
Mon - Fri, 11:30am - 10pm (IST)
Mon - Fri, 9:30am - 5:30pm (JST)
Mon - Fri, 9:30am - 5pm (GMT)
Mon - Fri, 9am - 6pm (EST)
