Insight

Reference

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Primary source

Listed engineering leaders

TEAMG, STECON

As ofFY2024·Sources2·Primary

TEAM Group (SET: TEAMG) and STECON (SET: STECON) are Thailand's two largest listed engineering consultancies; global firms Meinhardt, AECOM, WATG also operate at scale.

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Figure in context

TEAM Group (SET: TEAMG) and STECON (SET: STECON) are Thailand's two largest listed engineering consultancies; global firms Meinhardt, AECOM, WATG also operate at scale.

TEAM Group (SET: TEAMG) and STECON (SET: STECON) are Thailand's two largest listed engineering consultancies; global firms Meinhardt, AECOM, WATG also operate at scale.

Time scope

FY2024

Source basis

Primary source

Interpretation notes

What this tells you

TEAM Group (SET: TEAMG) and STECON (SET: STECON) are Thailand's two largest listed engineering consultancies; global firms Meinhardt, AECOM, WATG also operate at scale.

What not to do with it

Use the linked report for interpretation and keep basis differences explicit.

Related figures

Adjacent numbers that add context without drowning the value.

FY2024
~THB 60B

Thailand engineering, architecture market size

COET, ASA, SCB EIC

FY2024
~34%

Structural, civil engineering share

COET segmentation

FY2024
~22%

MEP engineering share

COET, ASA

FY2024
~20%

Architecture, interior design share

ASA, firm disclosures

2020-2024 (SET 56-1 One Reports)
~THB 64B (2024)

Italian-Thai Development (ITD) revenue (2020-2024)

Italian-Thai Development PLC 56-1 One Report, SET filings, Bangkok Post infrastructure coverage

2024 year-end backlog (SET filings)
ITD ~THB 240B

Thailand top EPC contractor backlog (2024)

ITD, Bangkok Post infrastructure coverage

Report context

Thailand Engineering & Architecture Services Market Intelligence

Thai engineering, architecture services ~THB 60B annually per Council of Engineers of Thailand (COET), Association of Siamese Architects (ASA), SCB EIC infrastructure triangulation. Discipline mix: structural, civil ~34%, MEP (mechanical, electrical, plumbing) ~22%, architecture, interior design ~20%, geotechnical, environmental ~10%, urban planning, landscape ~8%, project management, QS, BIM ~6%. Engineering leaders: TEAM Group (SET: TEAMG), STECON (SET: STECON), Meinhardt Thailand, AECOM Thailand, TEAM Consulting Engineering, MAA Consulting. Architecture: A49 Architecture, Palmer & Turner Bangkok, DWP, Design Qua, Habita Architects, WATG Thailand, Foster, Partners Asia. BIM, digital-twin, green-building (LEED, TREES) adoption accelerating. Demand drivers: EEC build-out, rail, HSR, high-rise, industrial estate, data center, hospital projects.

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Atlas actors in this figure's reports

Profiles covered in the report that cite this number.

CH. Karnchang

Largest-ROE Thai civil contractor; MRT Orange Line west, Xayaburi hydropower, dam-project pipeline; FY2024 revenue ~THB 35B.

Italian-Thai Development

Largest-revenue Thai civil contractor; MRT Orange Line east, Suvarnabhumi, Don Mueang; FY2024 revenue ~THB 55B; Dawei legacy watchpoint.

Sino-Thai Engineering and Construction

Third major Thai civil contractor; balanced building, infrastructure; FY2024 revenue ~THB 28B; no offshore legacy risk.

Listed engineering leaders · Insight