Methodology

Linesight’s in-house team tracks construction activity, material prices and commodity prices. The team employs both primary and secondary research to collect material pricing and other indicators.

Methodology

Primary research is conducted quarterly with stakeholders across the value chain to gather information on recent prices, as well as projections for price changes in the coming quarter and the remainder of the year. The supply chain chapter is also informed by primary research with key suppliers across the globe.

Linesight’s global Subject Matter Experts also provided insight. All surveys were conducted in line with applicable privacy and data protection requirements.

Market analysis also includes a thorough assessment of secondary sources of data on materials and labour prices, as well as underlying supply and demand trends which will impact market prices.

Sources include GlobalData’s Construction Intelligence Center (CIC), MEPS International, the World Bank, the IMF and the OECD, as well as country-specific national statistics offices, such as the US Bureau of Economic Analysis, Bureau of Labor Statistics. Industry-specific associations and publications also inform the analysis.

Definitions

  • All commodities are raw materials.  Commodity price trends are tracked in local currency.
  • The percentage change in construction output is based on conversion to US$.
  • Real data series keep prices constant and are therefore also referred to as constant price series. They show changes in activity without the effect of price inflation. By contrast, growth rates in nominal terms can overstate the pace of growth in construction activity when input prices are rising
  • High-tech industrial projects are focused on advanced manufacturing in semiconductors and batteries. They include semiconductor fabrication, assembly, testing, packaging (OSAT), and lithium-ion battery production for EVs and energy storage. These projects cover fabs, chip design, battery cell manufacturing, and cleanroom environments linked to chip and battery production.
  • Section 232: Section 232 of the Trade Expansion Act of 1962, as amended, allows the President of the United States to restrict imports or negotiate agreements with trading partners if the Secretary of Commerce finds, after an investigation, that imports threaten to impair US national security.
  • Section 301: Section 301 of the Trade Act of 1974 gives the Office of the United States Trade Representative authority to investigate and respond to certain foreign trade practices. This includes action to enforce US rights under trade agreements or respond to acts, policies, or practices that burden or restrict US commerce. Possible responses include tariffs and other trade measures.

Abbreviations

Units
kW
Kilowatt
MW
Megawatt
GW
Gigawatt
km
Kilometre
m
Million
bn
Billion
tn
Trillion
ha
Hectare
Acronym
ASEAN
Association of Southeast Asian Nations
BLS
US Bureau of Labor Statistics
CDMO
Contract Development and Manufacturing Organisation
CDU
Central Distribution Unit
CPI
Consumer Price Index (wherever not specified)
CPPA
Corporate Power Purchase Agreement
CRAC
Computer Room Air Conditioner
DCT
Dual-Clutch Transmission (or Data Center Technology - context specific)
EDF
Environmental Defense Fund
FY
Financial Year
GDP
Gross Domestic Product
GPU
Graphics Processing Unit
GST
Goods and Services Tax
HV / MV / LV
High Voltage / Medium Voltage / Low Voltage
HVAC
Heating, Ventilation, and Air Conditioning
LME
London Metal Exchange
LNG
Liquefied Natural Gas
OECD

Organisation for Economic Co-operation and Development

OEM
Original Equipment Manufacturer
PDU
Power Distribution Unit
STS
Static Transfer Switch
UPS
Uninterruptible Power Supply

Acknowledgments

Linesight wishes to thank all who took the time to contribute to this report, including, but not limited to:

Advisory team leads

  • Kai John - Senior Procurement and Supply Chain Manager
  • Padraig Leahy - Vice President, Americas
  • Joe Little - Vice President, Americas

Contributors

  • Damian Conway - Director
  • Andre Cassanti - Associate Director
  • Simon Jones Davies - Associate Director
  • Marcus Kanner - Associate Director
  • Rafael Laurindo - Director
  • Dean McDonagh - Director
  • Jonathan Scully-Lane - Director

Supply chain contributors

  • Carl Chapman - Associate Director, Procurement and Supply Chain Management
  • Alan Dolan - Associate, Procurement and Supply Chain Management
  • Jayesh Jogesh - Senior Procurement Business Analyst
  • Neil L. Doyle - Director, Procurement and Supply Chain Management
  • Yashwanth Nanduri - Senior Cost Manager

Research team

  • Md Zamiruddin Ansari - Research Analyst
  • Gunjan Chawla - Associate Director, Global Research
  • Vinod Jain - Senior Researcher
  • Mahesh Prasad - Research Analyst
  • Pinky Rome - Research Manager
  • Atharva Watulkar - Research Analyst

Production team

  • Christine Bernard - Senior Marketing Manager, Americas
  • Tushna Bhumgar - Marketing Specialist, Americas
  • Alison Brookbanks - Senior Marketing Manager, APAC and the GCC
  • Cormac Byrne - Digital Manager
  • Brian Donnellan - Associate Director, Brand Implementation
  • Eddie Gardner - Associate Director, Digital
  • Niamh Moore - Chief Marketing Officer
  • Caoimhe Mulhall - Head of Marketing, Europe
  • Pratik Patkar - Graphic Design Manager
  • Mary van Dijk - Senior Content and External Communications Manager

External contributors

We would like to thank the external organizations and industry contacts who contributed their time and expertise to inform this report.

Disclaimer

This report contains information, data, and analysis related to the construction industry. While we strive to provide accurate and up-to-date information, it is important to note that the market is subject to various factors, uncertainties, and changes that may impact the accuracy or reliability of the report's contents. By using the report, the user acknowledges and agree that Linesight assumes no responsibility or liability for any inaccuracies, errors, omissions, or losses that may arise from their reliance on the information presented in the report.

This report has been developed by Linesight’s research team using internal expertise, market research, and third-party sources where referenced. AI tools may have been used to support aspects of the editorial process, including copy refinement, consistency checks and readability improvements. All analysis, conclusions and final content have been reviewed and approved by Linesight prior to publication.

It is essential that users exercise their independent judgment, conduct their own research, and seek professional advice before making any decisions based on the information contained within the report.

Any user of this report, by their acceptance or use of this report, releases Linesight, its parent corporation, and its and their affiliates from any liability for direct, indirect, consequential or special loss or damage whether arising in contract, warranty, express or implied, tort or otherwise, and irrespective of fault, negligence and strict liability.

No section or element of this report produced by Linesight may be removed, reproduced, electronically stored or transmitted in any form by parties other than those for whom the report has been prepared, without the written permission of Linesight.

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