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Industrial Building Construction in New Mexico

Author.Name IBISWorld United States Last Updated: August 2025 NAICS NM23621

Industrial Building Construction in New Mexico industry analysis

The Industrial Building Construction industry in New Mexico is expected to grow an annualized x.x% to $x.x million over the five years to 2025, while the national industry will likely grow at x.x% during the same period. Industry establishments decreased an annualized -x.x% to xx locations. Industry employment has increased an annualized x.x% to x,xxx workers, while industry wages have increased an annualized x.x% to $x.x million.

Over the five years to 2030, the industry is expected to grow an annualized x.x% to $x.x million, while the national industry is expected to grow x.x%. Industry establishments are forecast to grow x% to xx locations. Industry employment is expected to increase an annualized x.x% to x,xxx workers, while industry wages are forecast to increase x% to $x.x million.

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About the Industrial Building Construction in New Mexico Market Research Report

What’s Included in the Industrial Building Construction in New Mexico Market Research Report

Definition of the Industrial Building Construction in New Mexico?

The industry comprises contractors primarily responsible for the construction (e.g., new work, additions, alterations, maintenance and repairs) of industrial and manufacturing buildings. Establishments include general contractors, design-build companies and construction management operators.

What’s included in the Industrial Building Construction in New Mexico?

The Industrial Building Construction in New Mexico includes constructing new manufacturing and industrial buildings, performing alterations, additions or repairs to manufacturing and industrial buildings, constructing waste and garbage disposal plants, constructing factories, plants and mills and constructing industrial laboratories and testing facilities. Related terms covered in the Industrial Building Construction in New Mexico industry report includes a group of developers used to construct a building or complex, a written offer or bid to contract goods or services at a specified cost or rate and a building primarily used to accommodate capital equipment for the manufacturing, packaging or storage of products.

Industry Performance of the Industrial Building Construction industry in New Mexico

Benchmark the Industrial Building Construction in New Mexico industry performance with all NM county and national performance.

Industrial Building Construction in New Mexico

#32 in Highest Revenue 0.7% of state's GDP
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

Industrial Building Construction in the US


Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

For the full list of industry drivers, see report purchase options.

Key Drivers of the Industrial Building Construction industry in New Mexico

See how key industry drivers, such as house price index, newly issued building permits, private investment in non-residential construction, private investment in manufacturing structures, manufacturing capacity utilization and government consumption and investment are impacting Industrial Building Construction in New Mexico

New Mexico Economic Indicators

House Price Index
Newly issued building permits
Private Investment in Non-Residential Construction

View more economic information in NM State Economic profile

US Key External Drivers

Private investment in manufacturing structures
Manufacturing capacity utilization
Government consumption and investment

For the full list of industry drivers, see report purchase options.

County Data of the Industrial Building Construction industry in New Mexico

Access proprietary data on county in the Industrial Building Construction in New Mexico, such as Bernalillo County, Sandoval County and Rio Arriba County. Data includes figures on revenue, establishments, employees and wages by counties.

Key Statistics of the Industrial Building Construction industry in New Mexico

Download 18 years of historical data and 5 years of projected performance.

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Top Questions Answered in this Report

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What is the market size of the Industrial Building Construction industry in New Mexico in 2025?

The market size of the Industrial Building Construction industry in New Mexico is $301.3m in 2025.

How many businesses are there in the Industrial Building Construction industry in New Mexico in 2025?

There are 81 businesses in the Industrial Building Construction industry in New Mexico, which has been declining at an average annual rate of -1.9% from 2020 to 2025.

Has the Industrial Building Construction industry in New Mexico grown or declined over the past 5 years?

The market size of the Industrial Building Construction industry in New Mexico has been growing at an average annual rate of 4.9% from 2020 to 2025.

How many employees in the Industrial Building Construction industry in New Mexico in 2025?

There are 1,237 employees in the Industrial Building Construction industry in New Mexico, which has been growing at an average annual rate of 1.4% from 2020 to 2025.