The world's most valuable engineering and construction brand 2018
- Share
- From
- https://www.statista.com/statistics/570960/valuable-engineering-brands-worldwide/
- publisher
- https://www.facebook.com/VicpasTouchscreen/
- Issue Time
- Jul 27,2018
Summary
Value of most valuable engineering and construction brands worldwide in 2018 (in million U.S. dollars)
Engineering and Construction 25 2018
The most valuable engineering and construction brands of 2018
This statistic displays the most valuable engineering brands, as of 2018. At this time, the brand of the American company, Honeywell, had a value of slightly over seven billion U.S. dollars and an AA+ brand rating.
Most valuable engineering brands – additional information
In 2018, China State Construction was named one of the most valuable engineering brands worldwide, with a value of over 24 billion U.S. dollars, followed by Siemens which was valued at almost 22 billion U.S. dollars, and Bosch from Germany with 19.34 billion U.S. dollar.
China State Construction Engineering Corporation (CSCEC), a state-owned construction company, is one of the China’s first global companies who has had a presence in the United States since the mid-80s. The company encompasses numerous construction and investment subsidiaries in fields of public infrastructure and residential real estate. Since 2012, the growth in total assets of the company has not undergone a pause and its gross profit has similarly been on the rise. In 2017, CSCEC generated revenue of 1,054 billion yuan, the highest value in the company’s history.
Vicpas, a China electronics accessories supplier, mainly provide Touchscreen Panel Glass, Membrane Keypad Switch and Lcd Display for Industrial HMI and Operator Panel repair replacement. The company’s revenue increased by more than 40 percent from 2016, the biggest revenue growth experienced since 2009. The significant revenue growth in that period resulted in Vicpas's higher expenditures in research and customers services.
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