LATAM Urban Infrastructure Modernization Market Size & Outlook, 2025-2033

LATAM Urban Infrastructure Modernization Market Highlights

Based on Market Strides findings, the LATAM Urban Infrastructure Modernization Market size reached USD 12000 Million in 2024 and is expected to grow to USD 18,537.63 Million by 2033.
During 2025–2033, the market is forecasted to advance at a CAGR of 4.97%.
Transport represented the largest share of the By Project Type market in terms of size in 2024.
Among the By Project Type segments, Urban Development is forecasted to achieve the highest growth and remain the most lucrative through the forecast period.

LATAM Urban Infrastructure Modernization Market Overview

Source: MS Analysis Company Publications, Primary Interviews.

Other Key Findings

In 2024, LATAM contributed 10% to the overall global Urban Infrastructure Modernization Market size.
By 2033, United States is anticipated to dominate the global market based on market size.
Argentina is expected to witness the fastest growth within LATAM, attaining USD 1063.95 Million by 2033.

Report Summary

Report Scope	Details
Base Year for Study	2024
Study Period	2021-2033
Historical Period	2021-2023
Forecast Period	2025-2033
Market Size In 2024	USD 12000 Million
Market Size In 2033	USD 18,537.63 Million
Largest segment	Transport
Units	Revenue in USD Million
CAGR	4.97% (2025-2033)
Segmnetation Covered
LATAM	Brazil Mexico Argentina Colombia Chile
By Project Type	Transport Water Urban Development
By Funding	Public Private PPP
Report Coverage	Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends

LATAM Urban Infrastructure Modernization Market Country 2025-2033 (USD Million)

LATAM	2021	2022	2023	2024	2025	2026	2027	2028	2029	2030	2031	2032	2033
Brazil	XX.x	XX.x	XX.x	4964.4	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Mexico	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Argentina	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Colombia	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Chile	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Total	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x

Source: MS Analysis Company Publications, Primary Interviews.

LATAM Urban Infrastructure Modernization Market By Project Type 2025-2033 (USD Million)

By Project Type	2021	2022	2023	2024	2025	2026	2027	2028	2029	2030	2031	2032	2033
Transport	XX.x	XX.x	XX.x	5432.4	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Water	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Urban Development	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Total	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x

Source: MS Analysis Company Publications, Primary Interviews.

LATAM Urban Infrastructure Modernization Market By Funding 2025-2033 (USD Million)

By Funding	2021	2022	2023	2024	2025	2026	2027	2028	2029	2030	2031	2032	2033
Public	XX.x	XX.x	XX.x	5496	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Private	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
PPP	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Total	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x

Source: MS Analysis Company Publications, Primary Interviews.

Author :

Market Strides Research Team

The Market Strides Research Team delivers concise, data-driven insights across Construction & Manufacturing, Energy & Power, and Machinery & Equipment markets. With expertise covering materials, machinery, automation, infrastructure, power systems, renewables, and industrial technologies, the team provides reliable research and clear market intelligence for global businesses and decision-makers.