Germany Construction Industry Databook Series – Market Size & Forecast by Value and Volume (area and units), 40+ Market Segments Across Residential, Commercial, Industrial, Institutional, Infrastructure Construction, City Level Construction by Value and C

Germany Construction Industry Databook Series – Market Size & Forecast by Value and Volume (area and units), 40+ Market Segments Across Residential, Commercial, Industrial, Institutional, Infrastructure Construction, City Level Construction by Value and Construction Cost Structure, Q2 2024 Update

According to ConsTrack360, the construction industry in Germany is expected to grow by 2.6% to reach EUR 241,352 million in 2024.

Despite near-term challenges in certain construction sectors, Germany's construction industry is poised for significant growth. The industry is expected to grow steadily over the next four quarters, with the growth momentum continuing over the forecast period. A CAGR of 2.5% is projected during 2024-2028, with the country's construction output expected to reach EUR 266,084.1 million by 2028, indicating substantial growth potential.

The construction industry in Germany is facing a challenging period characterized by projected declines in 2024 due to economic conditions and rising material costs. However, the sector also presents growth opportunities, particularly in infrastructure development, renewable energy projects, and affordable housing initiatives. Senior executives should leverage these opportunities while adapting to the evolving market dynamics. By embracing innovative practices, fostering public-private partnerships, and aligning with government initiatives, stakeholders can successfully navigate the complexities of Germany's construction landscape and contribute to the country's long-term development. In summary, the construction industry in Germany stands at a crossroads where sustainability, technological advancement, and strategic investment will dictate its future trajectory. Executives must prioritize agility and adaptability to thrive in this dynamic environment.

The construction industry in Germany is currently navigating a challenging landscape marked by economic fluctuations, rising material costs, and evolving regulatory frameworks. The sector is poised for challenges and opportunities as the country seeks to address pressing infrastructure needs and housing shortages.

Residential Construction: Addressing Housing Shortages

• Significant Decline in Housing Permits: This decline is indicates of a broader trend in the housing market, where demand continues to outpace supply, exacerbating the housing crisis.
• Government Initiatives for Affordable Housing: The German government has committed to substantial investments in infrastructure, with plans to allocate EUR 15 billion to EUR 20 billion in subsidies for energy projects, including the construction of natural gas power plants that will transition to hydrogen. This investment is part of a broader strategy to enhance energy security and promote sustainable development.

Commercial Construction: Adapting to Market Dynamics

• Investment in Mixed-Use Developments: Commercial construction is shifting towards mixed-use developments integrating residential, commercial, and recreational spaces. This trend reflects changing consumer preferences and the need for more vibrant urban environments.
• Focus on Sustainable Commercial Spaces: Developers are increasingly adopting sustainable practices in commercial construction, incorporating energy-efficient designs and green building certifications. This shift aligns with regulatory requirements and growing consumer demand for environmentally responsible projects.

Institutional Construction: Enhancing Public Services

• Increased Spending on Education and Healthcare: The government is allocating substantial funds to develop educational and healthcare institutions, aiming to improve public services and address the needs of a growing population. Investments in these sectors are vital for supporting the country's long-term social and economic development.
• Focus on Disaster Resilience: Given Germany's vulnerability to natural disasters, institutional projects increasingly incorporate resilience measures into their designs. This focus on disaster preparedness ensures the continuity of essential public services and enhances community safety.

Industrial Construction: Supporting Economic Growth

• Expansion of Manufacturing Facilities: The industrial construction sector is experiencing growth driven by increased manufacturing and logistics facilities demand. The government's initiatives to boost local production capabilities and reduce reliance on imports fuel investments in this area.
• Investment in Renewable Energy Infrastructure: Germany is investing significantly in renewable energy projects, particularly solar and wind energy. The government aims to achieve 70 GW of offshore wind power by 2045, necessitating extensive industrial construction efforts.

Infrastructure Construction: Building for the Future

• Major Infrastructure Projects Underway: Infrastructure construction remains a cornerstone of Germany's development strategy. Projects such as the expansion of the railway network and improvements to transportation systems are ongoing. These projects are crucial for enhancing connectivity and supporting economic activities.
• Focus on Transportation Networks: The government is prioritizing the development of transportation infrastructure, including roads, railways, and ports, to facilitate trade and improve logistics. Investments in transportation networks are essential for boosting the country's economic competitiveness and regional integration.
• Government Investment in Infrastructure
The German government has committed to substantial investments in infrastructure, with plans to allocate EUR 15 billion to EUR 20 billion in subsidies for energy projects, including the construction of natural gas power plants that will transition to hydrogen. This investment is part of a broader strategy to enhance energy security and promote sustainable development.

This market intelligence report from ConsTrack360 offers a comprehensive view of market opportunities in the building and infrastructure construction industry at the country level. With over 100+ KPIs covering growth dynamics in building and infrastructure construction, construction cost structure analysis, and analysis by key cities in Germany, this databook provides a wealth of data-centric analysis with charts and tables, ensuring stakeholders are fully informed.

• Market Dynamics by Value, Volume, and Number of Units: This report provides a comprehensive data-centric view of size and structure, industry dynamics, and end market opportunities in Germany's building and infrastructure construction industry.

• The report provides a detailed analysis of the residential construction market, covering various types of construction, development stages, price points, and key cities. KPIs include value, volume, and number of units, offering a comprehensive view of this sector.

• Commercial Construction Outlook: Provides construction outlook by value and volume across office buildings, retail buildings, hospitality buildings, restaurant buildings, and sports facilities.

• Institutional Construction Outlook: Provides construction outlook by value and volume across manufacturing plant buildings, metal & material processing buildings, and chemical & pharmaceutical buildings.

• Industrial Construction Outlook: Provides construction outlook by value and volume across manufacturing plants and educational buildings.

• Infrastructure Construction Outlook: This report provides growth dynamics and market analysis for three key sections: marine and inland, utility system and transport infrastructure construction.

• City Level Analysis: Provides outlook of the top 10 cities in Germany by construction value.

• The Construction Cost Structure Analysis module in this report provides a detailed outlook on construction costs by construction value, such as material, labor, equipment, and others. At a granular level, it offers a comprehensive material cost analysis by type of materials and labor cost by type of work, ensuring stakeholders deeply understand the cost structure.

Scope

• Market Data and Insights: This report provides market size and forecast across 40+ construction segments for ten years from 2019 – 2028 in Germany. KPIs covered include the following:
• Market size by value
• Market size by volume of construction
• Number of units

• Germany Economic Indicators

• Germany Top Cities Construction Data

• Germany Residential Building Construction Coverage: 10-year market size & forecast in value and volume (area and units) terms by
• Housing type (multi family, single family)
• Key cities (Tier – 1, Tier – 2, Tier – 3 segmentation)
• Price point/income level (luxury, mid-tier, affordable)
• Construction stage (new construction, re-development & maintenance)

• Germany Residential Green Building Construction Coverage: 10-year market size & forecast in value and volume (area and units) terms by
• Green building by Housing type (multi family, single family)
• Green building by Key cities (Tier – 1, Tier – 2, Tier – 3 segmentation)
• Green building by Price point/income level (luxury, mid-tier, affordable)

• Germany Commercial Building Construction Coverage: 10-year market size & forecast in value and volume (area and units) terms by
• Office (further broken down by Grade A, Grade B, and Grade C)
• Retail (further broken down by Grade A, Grade B, and Grade C)
• Hospitality (further broken down by Grade A, Grade B, and Grade C)
• Restaurant (further broken down by Grade A, Grade B, and Grade C)
• Entertainment
• Sports facility
• Other commercial building construction
• Construction stage (new construction, re-development & maintenance)

• Germany Commercial Green Building Construction Coverage: 10-year market size & forecast in value and volume (area and units) terms by
• Office green building construction
• Retail green building construction
• Hospitality green building construction
• Restaurant green building construction
• Entertainment green building construction
• Sports facility green building construction
• Other commercial green building construction

• Germany Industrial Green Building Construction Coverage: 10-year market size & forecast in value and volume (area and units)
• Manufacturing Plants building construction
• Chemical & Pharmaceutical building construction
• Metal & Material Processing building construction
• Construction stage (new construction, re-development & maintenance)

• Germany Institutional Building Construction Coverage: 10-year market size & forecast in value and volume (area and units) terms by
• Healthcare construction
• Educational construction
• Other building construction
• Construction stage (new construction, re-development & maintenance)

• Germany Institutional Green Building Construction Coverage: 10-year market size & forecast in value and volume (area and units) terms by
• Healthcare green building construction
• Educational green building construction

• Germany Infrastructure Construction Sectors: 10-year market size & forecast in value terms by
• Marine and inland water infrastructure
• Utility system construction (oil and gas infrastructure, communication infrastructure, power infrastructure, water and sewer infrastructure)
• Transportation infrastructure (highway, street and bridge construction, railway construction, airport construction, and tunnel construction)
• Construction stage (new construction, re-development & maintenance)

• Germany Green Infrastructure Construction: 10-year market size & forecast in value terms

• Germany Construction Cost Structure Analysis: 10-year market size & forecast in value terms
• Cost Analysis by Type (Material, Labour, Equipment, Others)
• By Material & Work Cost: It provides the cost outlook of material costs by type of materials used in construction (Cement, Steel, Sand, Aggregates, Bricks, Wood, Windows Glazing, Flooring, Plumbing, Electrical, Painting, Other Materials)
• By Labour Cost: It provides the cost outlook of labour costs (RCC Construction Work, Masonry and Plastering Work, Plumbing Work, Water Proofing Work, Carpentry Work, Electrical Work, Tile Fixing Work, CATV Antenna Points, Painting Work, Departmental Labour)
• By Type of Construction (New, Re-Development)
• By Material Cost: It provides the cost outlook of material costs by type of materials used in construction (Concreting Sand, Stone Aggregate, Ordinary Portland Cement, Reinforced Concrete (Grade 30 MPA), Reinforced Concrete (Grade 40 MPA), High Tensile Steel bars, Mild Steel Round Bars, Structural Steelwork, Plywood Formwork (1800*900*12mm), Clay Bricks)
• Type of Labour (Skilled vs. unskilled)

Reasons to buy

• Comprehensive Insight into Construction Market Dynamics: Gain a deep understanding of the construction market, including opportunities, industry trends, and key drivers across over 40+ market segments and sub-segments.

• Detailed Analysis of Construction Costs: Explore construction costs broken down by type, including material and labor costs. The report provides detailed information on costs by construction type and worker.

• Top Ten Cities Construction Value: Access valuable data on the construction market size for major cities, focusing on key city-level sectors.

• In-Depth Volume and Value Data: Obtain a thorough understanding of the market from both value and volume perspectives, covering historical data and forecasts by activity and units.

• Strategic Market-Specific Insights: Formulate targeted strategies by identifying growth segments and opportunities and assessing key trends, drivers, and risks within the construction industry.

• City-Level Trend Analysis: Get detailed trend analyses for tier-1, tier-2, and tier-3 cities, offering actionable insights for urban-focused strategies.