The Brazil construction market size reached USD 150.0 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 211.4 Billion by 2033, expanding at a CAGR of 4% during 2025-2033. The industry is being driven by rapid urbanization, infrastructure modernization, increasing residential and commercial construction, government initiatives, and the adoption of advanced construction technologies.
Brazil Construction Market Overview:
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Brazil construction market
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infrastructure development Brazil
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residential construction Brazil
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commercial real estate Brazil
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industrial construction Brazil
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smart construction technologies Brazil
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construction sector growth Brazil
Key Highlights:
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Market size reached USD 150.0 Billion in 2024.
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Projected to hit USD 211.4 Billion by 2033, at a CAGR of 4%.
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Strong demand from residential and commercial property segments.
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Ongoing infrastructure (transportation) and utility projects.
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Rising adoption of technology-driven construction methods.
The Role of Artificial Intelligence in Brazil Construction Market Growth
Artificial Intelligence (AI) is playing a transformative role in Brazil’s construction market by streamlining project planning, resource allocation, and safety management. AI-driven predictive analytics help developers optimize budgets, forecast material requirements, and minimize delays. Similarly, AI-powered drones and IoT devices are enhancing site monitoring, risk detection, and structural inspections, improving efficiency across projects.
In residential and commercial construction, AI solutions are being used to design sustainable and energy-efficient buildings, aligning with Brazil’s increasing focus on green construction. Moreover, in infrastructure and industrial projects, AI-based simulations assist engineers in developing robust, cost-effective, and durable designs.
Reports such as “Global Smart Construction Market Report 2023-2028” and “Artificial Intelligence in Infrastructure Report 2024-2029” highlight how AI is reshaping construction processes worldwide. For Brazil, the convergence of AI, IoT, and automation technologies is expected to further accelerate the pace of large-scale projects while ensuring compliance with sustainability and safety standards.
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Brazil Construction Market Key Trends and Drivers
1. Expanding Infrastructure Development and Urbanization
Brazil is undergoing significant infrastructure modernization, particularly in transportation, housing, and energy projects. Rapid urbanization is increasing the demand for roads, bridges, public transport networks, and affordable housing, which in turn is boosting the construction sector. Government-led smart city projects are further supporting infrastructure development.
Key Drivers:
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Rising demand for urban housing and transport systems.
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Expansion of energy and utility construction projects.
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Government-led smart city and modernization programs.
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Private investments in commercial infrastructure.
2. Rising Demand for Residential and Commercial Properties
The growing middle-class population and urban migration are fueling the demand for residential complexes, apartments, and mixed-use properties. On the commercial side, the expansion of retail, corporate offices, and hospitality projects is strengthening the market. Developers are also increasingly focusing on sustainable building materials and eco-friendly practices.
Key Drivers:
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Urban migration boosting housing demand.
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Rising foreign investment in Brazilian real estate.
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Growth of hospitality and retail construction projects.
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Shift toward green building and sustainable construction materials.
3. Technological Advancements in Construction Processes
The adoption of digital construction technologies is revolutionizing Brazil’s market. Building Information Modeling (BIM), AI, IoT, robotics, and modular construction techniques are enabling developers to reduce costs, improve efficiency, and minimize delays. Energy-efficient designs and smart construction practices are also aligning with global sustainability trends.
Key Drivers:
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Integration of BIM and AI-driven project management.
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Use of robotics and modular construction methods.
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Growing trend of sustainable and energy-efficient designs.
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Government incentives for technology-driven construction projects.
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Brazil Construction Market Segmentation
Sector Insights:
- Commercial Construction
- Residential Construction
- Industrial Construction
- Infrastructure (Transportation) Construction
- Energy and Utility Construction
Regional Insights:
- Southeast
- South
- Northeast
- North
- Central-West
Leading Construction Companies in Brazil:
The market research report has also provided a comprehensive analysis of the competitive landscape in the market. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided. Some of the key players include:
- Andrade Gutierrez
- Constran Internacional
- Grupo Agis
- Mendes Júnior Engenharia SA
- MRV
- Polimix Concreto
- Teixeira Duarte
Latest Development in the Industry
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In July 2024, Andrade Gutierrez Engenharia secured a major contract for a transportation infrastructure project in São Paulo.
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In August 2024, MRV Engenharia announced plans to expand its portfolio of sustainable residential complexes across key urban centers.
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In September 2024, Gafisa S.A. launched a partnership with a global tech firm to integrate AI-driven construction management systems.
- June 2025: Brazil launched a USD 10 Billion plan funding over 120 roads, ports, and waterways to connect South America and the Caribbean. This boosted the construction market by driving new contracts, improving trade routes, and attracting private and foreign investment partnerships.
- May 2025: Brazil confirmed plans with Russia’s Rosatom to build small modular nuclear reactors. This project strengthened Brazil’s energy infrastructure, supported cleaner power in the Amazon, replaced fuel oil plants, and opened new opportunities for specialized construction and engineering firms nationwide.
- March 2025: Gerdau opened a new hot-rolled steel line in Ouro Branco, Minas Gerais, adding 230,000 Tons of capacity annually. The USD 260 Million project modernized facilities, strengthened local steel supply for the automotive and machinery sectors, and supported Brazil’s construction material availability.
- September 2024: Entrevias began building a 2.4 km Tiete River bridge under the SP-333 expansion in São Paulo. This project doubled crossing capacity, created over 500 jobs, boosted regional transport for agriculture and tourism, and strengthened Brazil’s construction market.
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