Government Spending North America (NAFTA) Industry Guide 2021-2030
The NAFTA Government Spending industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume , and forecast to 2030). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
Key Highlights
- The North American Free Trade Agreement (NAFTA) is a trade agreement between the countries in North America: the US, Canada and Mexico. The government spending industry within the NAFTA countries had a total market value of $13,205.8 billion in 2025.The Mexico was the fastest growing country, with a CAGR of 9.9% over the 2021-25 period.
- Within the government spending industry, the US is the leading country among the NAFTA bloc, with market revenues of $11,739.8 billion in 2025. This was followed by Canada and Mexico, with a value of $951.3 and $514.7 billion, respectively.
- The US is expected to lead the government spending industry in the NAFTA bloc, with a value of $14,410.0 billion in 2030, followed by Canada and Mexico with expected values of $1,188.5 and $648.7 billion, respectively.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the NAFTA government spending market
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the NAFTA government spending market
- Leading company profiles reveal details of key government spending market players’ NAFTA operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the NAFTA government spending market with five year forecasts by both value and volume
- Compares data from the US, Canada and Mexico, alongside individual chapters on each country
- What was the size of the NAFTA government spending market by value in 2025?
- What will be the size of the NAFTA government spending market in 2030?
- What factors are affecting the strength of competition in the NAFTA government spending market?
- How has the market performed over the last five years?
- Who are the top competitors in the NAFTA government spending market?
1 INTRODUCTION
1.1. What is this report about?
1.2. Who is the target reader?
1.3. How to use this report
1.4. Definitions
2 NAFTA GOVERNMENT SPENDING
2.1. Industry Outlook
3 GOVERNMENT SPENDING IN CANADA
3.1. Market Overview
3.2. Market Data
3.3. Market Segmentation
3.4. Market outlook
3.5. Five forces analysis
4 MACROECONOMIC INDICATORS
4.1. Country data
5 GOVERNMENT SPENDING IN MEXICO
5.1. Market Overview
5.2. Market Data
5.3. Market Segmentation
5.4. Market outlook
5.5. Five forces analysis
6 MACROECONOMIC INDICATORS
6.1. Country data
7 GOVERNMENT SPENDING IN THE UNITED STATES
7.1. Market Overview
7.2. Market Data
7.3. Market Segmentation
7.4. Market outlook
7.5. Five forces analysis
8 MACROECONOMIC INDICATORS
8.1. Country data
9 COMPANY PROFILES
9.1. China State Construction Engineering Corp Ltd
9.2. General Dynamics Corp
9.3. Actividades de Construccion y Servicios SA
9.4. Lockheed Martin Corp
9.5. Aviation Industry Corp of China Ltd
9.6. Mitsubishi Heavy Industries Ltd
9.7. GS Engineering & Construction Corp
9.8. Larsen & Toubro Ltd
9.9. BAE Systems Plc
9.10. Dassault Aviation SA
9.11. Vinci SA
9.12. SNCF Group
9.13. Thales SA
9.14. Deutsche Bahn AG
9.15. Deutsche Telekom AG
9.16. Rheinmetall AG
9.17. HOCHTIEF AG
9.18. Australian Rail Track Corporation Ltd
9.19. BAE Systems Australia Ltd
9.20. ASC Pty Ltd
9.21. Decmil Group Ltd
9.22. MOVER Participacoes SA
9.23. Embraer SA
9.24. Companhia de Saneamento Basico do Estado de Sao Paulo
9.25. JD Irving Ltd
9.26. Extendicare Inc
9.27. Honeywell International Inc
9.28. China National Petroleum Corporation No.6 Construction Co Ltd
9.29. China South Industries Group Corp
9.30. Bharat Electronics Ltd
9.31. Bharat Heavy Electricals Ltd
9.32. Hindustan Aeronautics Ltd
9.33. Housing and Urban Development Corporation Ltd
9.34. PT PLN (Persero)
9.35. PT PAL Indonesia
9.36. PT Pertamina (Persero)
9.37. PT Astra International Tbk
9.38. Gestore dei Servizi Energetici - GSE SpA
9.39. Webuild SpA
9.40. Leonardo SpA
9.41. Kajima Corp
9.42. Obayashi Corp
9.43. NTT Inc
9.44. Comision Nacional del Agua
9.45. Empresas ICA SAB de CV
9.46. Comision Federal de Electricidad
9.47. Grupo Carso SA de CV
9.48. Airbus SE
9.49. Royal Volker Wessels Stevin NV
9.50. Royal BAM Group NV
9.51. Almaz-Antey Concern
9.52. Rossiiskie Zheleznye Dorogi
9.53. United Aircraft Corp
9.54. Gazprom
9.55. Skanska AB
9.56. Peab AB
9.57. Kongsberg Gruppen ASA
9.58. Saab AB
9.59. SMRT Corp Ltd
9.60. Public Utilities Board
9.61. Singapore Technologies Engineering Ltd
9.62. Hyundai Engineering & Construction Co Ltd
9.63. Passenger Rail Agency of South Africa
9.64. Aveng Ltd
9.65. Paramount Group
9.66. Eskom Holdings SOC Ltd
9.67. Samsung C&T Corp
9.68. Hanwha Group
9.69. Korea Aerospace Industries Ltd
9.70. Indra Sistemas SA
9.71. General Dynamics European Land Systems Group
9.72. Ferrovial SE
9.73. Havelsan Hava Elektronik Sanayi Ve Ticaret AS
9.74. Elektrik Uretim AS
9.75. Aselsan Elektronik Sanayi Ve Ticaret AS
9.76. ENKA Insaat ve Sanayi AS
9.77. Balfour Beatty Plc
9.78. Network Rail Ltd
9.79. Capita Plc
9.80. RTX Corp
9.81. McKesson Corp
10 APPENDIX
10.1. Methodology
10.2. About MarketLine
1.1. What is this report about?
1.2. Who is the target reader?
1.3. How to use this report
1.4. Definitions
2 NAFTA GOVERNMENT SPENDING
2.1. Industry Outlook
3 GOVERNMENT SPENDING IN CANADA
3.1. Market Overview
3.2. Market Data
3.3. Market Segmentation
3.4. Market outlook
3.5. Five forces analysis
4 MACROECONOMIC INDICATORS
4.1. Country data
5 GOVERNMENT SPENDING IN MEXICO
5.1. Market Overview
5.2. Market Data
5.3. Market Segmentation
5.4. Market outlook
5.5. Five forces analysis
6 MACROECONOMIC INDICATORS
6.1. Country data
7 GOVERNMENT SPENDING IN THE UNITED STATES
7.1. Market Overview
7.2. Market Data
7.3. Market Segmentation
7.4. Market outlook
7.5. Five forces analysis
8 MACROECONOMIC INDICATORS
8.1. Country data
9 COMPANY PROFILES
9.1. China State Construction Engineering Corp Ltd
9.2. General Dynamics Corp
9.3. Actividades de Construccion y Servicios SA
9.4. Lockheed Martin Corp
9.5. Aviation Industry Corp of China Ltd
9.6. Mitsubishi Heavy Industries Ltd
9.7. GS Engineering & Construction Corp
9.8. Larsen & Toubro Ltd
9.9. BAE Systems Plc
9.10. Dassault Aviation SA
9.11. Vinci SA
9.12. SNCF Group
9.13. Thales SA
9.14. Deutsche Bahn AG
9.15. Deutsche Telekom AG
9.16. Rheinmetall AG
9.17. HOCHTIEF AG
9.18. Australian Rail Track Corporation Ltd
9.19. BAE Systems Australia Ltd
9.20. ASC Pty Ltd
9.21. Decmil Group Ltd
9.22. MOVER Participacoes SA
9.23. Embraer SA
9.24. Companhia de Saneamento Basico do Estado de Sao Paulo
9.25. JD Irving Ltd
9.26. Extendicare Inc
9.27. Honeywell International Inc
9.28. China National Petroleum Corporation No.6 Construction Co Ltd
9.29. China South Industries Group Corp
9.30. Bharat Electronics Ltd
9.31. Bharat Heavy Electricals Ltd
9.32. Hindustan Aeronautics Ltd
9.33. Housing and Urban Development Corporation Ltd
9.34. PT PLN (Persero)
9.35. PT PAL Indonesia
9.36. PT Pertamina (Persero)
9.37. PT Astra International Tbk
9.38. Gestore dei Servizi Energetici - GSE SpA
9.39. Webuild SpA
9.40. Leonardo SpA
9.41. Kajima Corp
9.42. Obayashi Corp
9.43. NTT Inc
9.44. Comision Nacional del Agua
9.45. Empresas ICA SAB de CV
9.46. Comision Federal de Electricidad
9.47. Grupo Carso SA de CV
9.48. Airbus SE
9.49. Royal Volker Wessels Stevin NV
9.50. Royal BAM Group NV
9.51. Almaz-Antey Concern
9.52. Rossiiskie Zheleznye Dorogi
9.53. United Aircraft Corp
9.54. Gazprom
9.55. Skanska AB
9.56. Peab AB
9.57. Kongsberg Gruppen ASA
9.58. Saab AB
9.59. SMRT Corp Ltd
9.60. Public Utilities Board
9.61. Singapore Technologies Engineering Ltd
9.62. Hyundai Engineering & Construction Co Ltd
9.63. Passenger Rail Agency of South Africa
9.64. Aveng Ltd
9.65. Paramount Group
9.66. Eskom Holdings SOC Ltd
9.67. Samsung C&T Corp
9.68. Hanwha Group
9.69. Korea Aerospace Industries Ltd
9.70. Indra Sistemas SA
9.71. General Dynamics European Land Systems Group
9.72. Ferrovial SE
9.73. Havelsan Hava Elektronik Sanayi Ve Ticaret AS
9.74. Elektrik Uretim AS
9.75. Aselsan Elektronik Sanayi Ve Ticaret AS
9.76. ENKA Insaat ve Sanayi AS
9.77. Balfour Beatty Plc
9.78. Network Rail Ltd
9.79. Capita Plc
9.80. RTX Corp
9.81. McKesson Corp
10 APPENDIX
10.1. Methodology
10.2. About MarketLine
LIST OF TABLES
Table 1: NAFTA countries government spending industry, revenue ($bn), 2021-30
Table 2: NAFTA countries government spending industry, revenue ($bn), 2021-25
Table 3: NAFTA countries government spending industry forecast, revenue ($bn), 2025-30
Table 4: Canada government spending sector value: $ billion, 2020-25
Table 5: Canada government spending sector category segmentation: % share, by value, 2020-25
Table 6: Canada government spending sector category segmentation: $ billion, 2020-25
Table 7: Canada government spending sector geography segmentation: $ billion, 2025
Table 8: Canada government spending sector value forecast: $ billion, 2025-30
Table 9: Canada Size of Population (Million), 2021-25
Table 10: Canada Real GDP (Constant 2010 Prices, $ Billion), 2021-25
Table 11: Canada GDP (Current Prices, $ Billion), 2021-25
Table 12: Canada Inflation, 2021-25
Table 13: Canada Consumer Price Index (Absolute), 2021-25
Table 14: Canada Exchange Rate, 2020-25
Table 15: Mexico government spending sector value: $ billion, 2020-25
Table 16: Mexico government spending sector category segmentation: % share, by value, 2020-25
Table 17: Mexico government spending sector category segmentation: $ billion, 2020-25
Table 18: Mexico government spending sector geography segmentation: $ billion, 2025
Table 19: Mexico government spending sector value forecast: $ billion, 2025-30
Table 20: Mexico Size of Population (Million), 2021-25
Table 21: Mexico Real GDP (Constant 2010 Prices, $ Billion), 2021-25
Table 22: Mexico GDP (Current Prices, $ Billion), 2021-25
Table 23: Mexico Inflation, 2021-25
Table 24: Mexico Consumer Price Index (Absolute), 2021-25
Table 25: Mexico Exchange Rate, 2020-25
Table 26: United States government spending sector value: $ billion, 2020-25
Table 27: United States government spending sector category segmentation: % share, by value, 2020-25
Table 28: United States government spending sector category segmentation: $ billion, 2020-25
Table 29: United States government spending sector geography segmentation: $ billion, 2025
Table 30: United States government spending sector value forecast: $ billion, 2025-30
Table 31: United States Size of Population (Million), 2021-25
Table 32: United States Real GDP (Constant 2010 Prices, $ Billion), 2021-25
Table 33: United States GDP (Current Prices, $ Billion), 2021-25
Table 34: United States Inflation, 2021-25
Table 35: United States Consumer Price Index (Absolute), 2021-25
Table 36: United States Exchange Rate, 2020-25
Table 1: NAFTA countries government spending industry, revenue ($bn), 2021-30
Table 2: NAFTA countries government spending industry, revenue ($bn), 2021-25
Table 3: NAFTA countries government spending industry forecast, revenue ($bn), 2025-30
Table 4: Canada government spending sector value: $ billion, 2020-25
Table 5: Canada government spending sector category segmentation: % share, by value, 2020-25
Table 6: Canada government spending sector category segmentation: $ billion, 2020-25
Table 7: Canada government spending sector geography segmentation: $ billion, 2025
Table 8: Canada government spending sector value forecast: $ billion, 2025-30
Table 9: Canada Size of Population (Million), 2021-25
Table 10: Canada Real GDP (Constant 2010 Prices, $ Billion), 2021-25
Table 11: Canada GDP (Current Prices, $ Billion), 2021-25
Table 12: Canada Inflation, 2021-25
Table 13: Canada Consumer Price Index (Absolute), 2021-25
Table 14: Canada Exchange Rate, 2020-25
Table 15: Mexico government spending sector value: $ billion, 2020-25
Table 16: Mexico government spending sector category segmentation: % share, by value, 2020-25
Table 17: Mexico government spending sector category segmentation: $ billion, 2020-25
Table 18: Mexico government spending sector geography segmentation: $ billion, 2025
Table 19: Mexico government spending sector value forecast: $ billion, 2025-30
Table 20: Mexico Size of Population (Million), 2021-25
Table 21: Mexico Real GDP (Constant 2010 Prices, $ Billion), 2021-25
Table 22: Mexico GDP (Current Prices, $ Billion), 2021-25
Table 23: Mexico Inflation, 2021-25
Table 24: Mexico Consumer Price Index (Absolute), 2021-25
Table 25: Mexico Exchange Rate, 2020-25
Table 26: United States government spending sector value: $ billion, 2020-25
Table 27: United States government spending sector category segmentation: % share, by value, 2020-25
Table 28: United States government spending sector category segmentation: $ billion, 2020-25
Table 29: United States government spending sector geography segmentation: $ billion, 2025
Table 30: United States government spending sector value forecast: $ billion, 2025-30
Table 31: United States Size of Population (Million), 2021-25
Table 32: United States Real GDP (Constant 2010 Prices, $ Billion), 2021-25
Table 33: United States GDP (Current Prices, $ Billion), 2021-25
Table 34: United States Inflation, 2021-25
Table 35: United States Consumer Price Index (Absolute), 2021-25
Table 36: United States Exchange Rate, 2020-25
LIST OF FIGURES
Figure 1: NAFTA countries government spending industry, revenue ($bn), 2021-30
Figure 2: NAFTA countries government spending industry, revenue ($bn), 2021-25
Figure 3: NAFTA countries government spending industry forecast, revenue ($bn), 2025-30
Figure 4: Canada government spending sector value: $ billion, 2020-25
Figure 5: Canada government spending sector category segmentation: $ billion, 2020-25
Figure 6: Canada government spending sector geography segmentation: % share, by value, 2025
Figure 7: Canada government spending sector value forecast: $ billion, 2025-30
Figure 8: Forces driving competition in the government spending sector in Canada, 2025
Figure 9: Drivers of buyer power in the government spending sector in Canada, 2025
Figure 10: Drivers of supplier power in the government spending sector in Canada, 2025
Figure 11: Factors influencing the likelihood of new entrants in the government spending sector in Canada, 2025
Figure 12: Factors influencing the threat of substitutes in the government spending sector in Canada, 2025
Figure 13: Drivers of degree of rivalry in the government spending sector in Canada, 2025
Figure 14: Mexico government spending sector value: $ billion, 2020-25
Figure 15: Mexico government spending sector category segmentation: $ billion, 2020-25
Figure 16: Mexico government spending sector geography segmentation: % share, by value, 2025
Figure 17: Mexico government spending sector value forecast: $ billion, 2025-30
Figure 18: Forces driving competition in the government spending sector in Mexico, 2025
Figure 19: Drivers of buyer power in the government spending sector in Mexico, 2025
Figure 20: Drivers of supplier power in the government spending sector in Mexico, 2025
Figure 21: Factors influencing the likelihood of new entrants in the government spending sector in Mexico, 2025
Figure 22: Factors influencing the threat of substitutes in the government spending sector in Mexico, 2025
Figure 23: Drivers of degree of rivalry in the government spending sector in Mexico, 2025
Figure 24: United States government spending sector value: $ billion, 2020-25
Figure 25: United States government spending sector category segmentation: $ billion, 2020-25
Figure 26: United States government spending sector geography segmentation: % share, by value, 2025
Figure 27: United States government spending sector value forecast: $ billion, 2025-30
Figure 28: Forces driving competition in the government spending sector in the United States, 2025
Figure 29: Drivers of buyer power in the government spending sector in the United States, 2025
Figure 30: Drivers of supplier power in the government spending sector in the United States, 2025
Figure 31: Factors influencing the likelihood of new entrants in the government spending sector in the United States, 2025
Figure 32: Factors influencing the threat of substitutes in the government spending sector in the United States, 2025
Figure 33: Drivers of degree of rivalry in the government spending sector in the United States, 2025
Figure 1: NAFTA countries government spending industry, revenue ($bn), 2021-30
Figure 2: NAFTA countries government spending industry, revenue ($bn), 2021-25
Figure 3: NAFTA countries government spending industry forecast, revenue ($bn), 2025-30
Figure 4: Canada government spending sector value: $ billion, 2020-25
Figure 5: Canada government spending sector category segmentation: $ billion, 2020-25
Figure 6: Canada government spending sector geography segmentation: % share, by value, 2025
Figure 7: Canada government spending sector value forecast: $ billion, 2025-30
Figure 8: Forces driving competition in the government spending sector in Canada, 2025
Figure 9: Drivers of buyer power in the government spending sector in Canada, 2025
Figure 10: Drivers of supplier power in the government spending sector in Canada, 2025
Figure 11: Factors influencing the likelihood of new entrants in the government spending sector in Canada, 2025
Figure 12: Factors influencing the threat of substitutes in the government spending sector in Canada, 2025
Figure 13: Drivers of degree of rivalry in the government spending sector in Canada, 2025
Figure 14: Mexico government spending sector value: $ billion, 2020-25
Figure 15: Mexico government spending sector category segmentation: $ billion, 2020-25
Figure 16: Mexico government spending sector geography segmentation: % share, by value, 2025
Figure 17: Mexico government spending sector value forecast: $ billion, 2025-30
Figure 18: Forces driving competition in the government spending sector in Mexico, 2025
Figure 19: Drivers of buyer power in the government spending sector in Mexico, 2025
Figure 20: Drivers of supplier power in the government spending sector in Mexico, 2025
Figure 21: Factors influencing the likelihood of new entrants in the government spending sector in Mexico, 2025
Figure 22: Factors influencing the threat of substitutes in the government spending sector in Mexico, 2025
Figure 23: Drivers of degree of rivalry in the government spending sector in Mexico, 2025
Figure 24: United States government spending sector value: $ billion, 2020-25
Figure 25: United States government spending sector category segmentation: $ billion, 2020-25
Figure 26: United States government spending sector geography segmentation: % share, by value, 2025
Figure 27: United States government spending sector value forecast: $ billion, 2025-30
Figure 28: Forces driving competition in the government spending sector in the United States, 2025
Figure 29: Drivers of buyer power in the government spending sector in the United States, 2025
Figure 30: Drivers of supplier power in the government spending sector in the United States, 2025
Figure 31: Factors influencing the likelihood of new entrants in the government spending sector in the United States, 2025
Figure 32: Factors influencing the threat of substitutes in the government spending sector in the United States, 2025
Figure 33: Drivers of degree of rivalry in the government spending sector in the United States, 2025