Taiwan Construction Market by Type (Renovation, and New Construction), by Construction Method (Traditional, Prefabricated/Modular, 3D-Printed, and Green/Sustainable), by Contractor Type (Large Contractor, Medium Contractor, and Small Contractor), and Sector (Real Estate, Commercial, Infrastructure, Industrial) – Industry Trends and Forecast, 2025–2030
Industry: Construction & Manufacturing | Publish Date: 09-Jun-2025 | No of Pages: 85 | No. of Tables: 118 | No. of Figures: 63 | Format: PDF | Report Code : CM2223
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Taiwan Construction Industry Overview
The Taiwan Construction Market size was valued at USD 60.88 billion in 2024, and is projected to grow to USD 64.32 billion by 2025. Additionally, the industry is expected to continue its growth trajectory, reaching USD 74.35 billion till 2030, with a CAGR of 2.9% from 2025 to 2030.
The market is experiencing steady growth driven by extensive government-funded infrastructure projects, particularly in the railway and metro systems, which are enhancing national connectivity and urban mobility.
The rapid pace of urbanization is also fueling demand for residential, commercial, and transportation infrastructure, with smart city initiatives playing a pivotal role in shaping sustainable urban environments. However, the market continues to face challenges from complex regulatory frameworks, including time-consuming permit processes and inconsistent standards across jurisdictions, which can hinder project progress.
At the same time, the growing adoption of digital technologies such as Building Information Modeling (BIM), along with AI, IoT, and cloud-based solutions, is opening up new opportunities for improved project execution
Government-Funded Infrastructure Projects Drives the Taiwan Construction Market Growth
The construction market in Taiwan is witnessing robust growth, largely propelled by increased government investment in major infrastructure developments, particularly in the railway and transportation sectors.
In 2024, the Ministry of Transportation and Communications advanced the USD 5.05 billion Taichung Blue Line metro project a 24-kilometer line with 20 stations connecting eastern and western Taichung funded through a combination of USD 2.1 billion from the central government and USD 2.93 billion from local Taichung authorities. Construction began in 2024, with completion anticipated by 2034.
Similarly, the USD 1.2 billion Taipei Circular Line North Section, also under construction in 2024, is progressing with Alstom and CTCI delivering an integrated metro system, set for completion in 2029.
Further supporting southern Taiwan’s infrastructure, the government launched the USD 3.8 billion Kaohsiung Red Line extension in 2025, a 13.2-kilometer metro expansion with 10 new stations scheduled for completion by 2032. These large-scale, government-backed projects highlight the administration’s commitment to strengthening the construction sector and enhancing nationwide connectivity.
Rapid Urbanization Boosts the Taiwan Construction Market Demand
Rapid urbanization continues to be a key driver of Taiwan construction market trends, increasing the demand for residential, commercial, and transportation infrastructure. By 2024, urban dwellers accounted for 80.2% of the population, with Greater Taipei and Kaohsiung housing 9.2 million and 2.7 million residents, respectively, according to the National Development Council.
This urban growth has catalyzed smart city investments totaling USD 2 billion in 2024, particularly in New Taipei and Taoyuan, where IoT integration and green building technologies are being implemented to support sustainable urban living. These developments, combined with favorable interest rates, are accelerating construction activity and aligning with Taiwan’s broader goals of smart, sustainable urban development.
Regulatory Complexities Hinders the Taiwan Construction Market Expansion
Navigating regulatory complexities poses a significant challenge in the construction market. Infrastructure projects often encounter hurdles due to the intricate network of government regulations and permitting procedures. Infrastructure initiatives require numerous permits and approvals from governmental bodies at local, regional, and national levels. These mandates encompass adherence to zoning regulations, environmental assessments, compliance with building codes, safety standards, and various other regulatory requirements.
Lengthy permit acquisition processes, bureaucratic inefficiencies, and regulatory disparities among different jurisdictions can significantly prolong project timelines and inflate costs.
Moreover, fluctuations in regulations or unexpected policy changes can disrupt ongoing projects and deter potential investments in the market.
Integration of Digitalization and BIM Presents Lucrative Opportunity for the Market Expansion
The construction sector is undergoing a profound digital transformation, fueled by the growing use of Building Information Modeling (BIM), which is unlocking new growth prospects. BIM enables advanced digital design, simulation, and infrastructure management, enhancing accuracy, collaboration, and resource utilization. In alignment with this digital shift, ALLPLAN released Allplan 2024-1 in April 2024, aimed at advancing BIM functionalities and optimizing cloud-based workflows, emphasizing the industry's move toward fully digital project execution. Additionally, the integration of AI, IoT, and cloud technologies is further supporting real-time collaboration, predictive maintenance, and streamlined facility management.
Competitive Landscape
The key players operating in the Taiwan construction industry include Chung-Lu Construction Co., Ltd., RSEA Engineering Corporation, Chong Hong Construction Co., Ltd., Ruentex Construction & Development Co., Ltd., Farglory Group, Continental Engineering Corp., Radium Life Tech Co., Ltd., Kung Sing Engineering Corporation, JEN YI CONSTRUCTION CO., LTD., Guanglihong Construction Co., Ltd., TAISEI CORPORATION, Ting Tai Construction Co., Ltd., Continental Development Corporation, KONG CHOU CONSTRUCTION, Shin Kong Group, and others.
Taiwan Construction Market Key Segments
By Type
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Renovation
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New Construction
By Construction Method
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Traditional Construction
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Prefabricated/Modular Construction
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3D-Printed Construction
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Green/Sustainable Construction
By Type of Contractor
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Large Contractor
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Medium Contractor
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Small Contractor
By Sector
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Real Estate
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Residential
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Affordable
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Luxury
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Commercial
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Retail Buildings
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Office Buildings
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Hospitality
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Healthcare Facilities
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Educational Institutes
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Entertainment Ventures
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-
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Infrastructure
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Transportation
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Airport
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Port
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Rail
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Road
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Water and Wastewater
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Energy
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Telecommunication
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Industrial
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Manufacturing Plant
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Warehouses
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Power Plants
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Oil Refineries
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Chemical Plants
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Key Players
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Chung-Lu Construction Co., Ltd.
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RSEA Engineering Corporation
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Chong Hong Construction Co., Ltd.
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Ruentex Construction & Development Co., Ltd.
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Farglory Group
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Continental Engineering Corp.
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Radium Life Tech Co., Ltd.
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Kung Sing Engineering Corporation
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JEN YI CONSTRUCTION CO., LTD.
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Guanglihong Construction Co., Ltd.
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TAISEI CORPORATION
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Ting Tai Construction Co., Ltd.
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Continental Development Corporation
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KONG CHOU CONSTRUCTION
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Shin Kong Group​​​​​​​
REPORT SCOPE AND SEGMENTATION:
|
Parameters |
Details |
|
Market Size in 2024 |
USD 60.88 Billion |
|
Revenue Forecast in 2030 |
USD 74.35 Billion |
|
Growth Rate |
CAGR of 2.9% from 2025 to 2030 |
|
Analysis Period |
2024–2030 |
|
Base Year Considered |
2024 |
|
Forecast Period |
2025–2030 |
|
Market Size Estimation |
Billion (USD) |
|
Growth Factors |
|
|
Companies Profiled |
15 |
|
Market Share |
Available for 10 companies |
|
Customization Scope |
Free customization (equivalent up to 80 working hours of analysts) after purchase. Addition or alteration to country, regional, and segment scope. |
|
Pricing and Purchase Options |
Avail customized purchase options to meet your exact research needs. |
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