Austria Construction Market Size, Trends, and Forecasts by Sector - Commercial, Industrial, Infrastructure, Energy and Utilities, Institutional and Residential Market Analysis to 2029 (H1 2025)

Austria Construction Market Size, Trends, and Forecasts by Sector - Commercial, Industrial, Infrastructure, Energy and Utilities, Institutional and Residential Market Analysis to 2029 (H1 2025)

Summary

GlobalData’s Construction in Austria - Key Trends and Opportunities to 2029 (H1 2025) report provides detailed market analysis, information and insights into the Austrian construction industry, including -

• The Austrian construction industry's growth prospects by market, project type and construction activity
• Critical insight into the impact of industry trends and issues, as well as an analysis of key risks and opportunities in the Austrian construction industry
• Analysis of the mega-project pipeline, focusing on development stages and participants, in addition to listings of major projects in the pipeline

The construction industry in Austria is expected to grow in real terms by 2.5% in 2025, supported by an increase in new orders for construction and civil engineering, a rise in housing loans, a decline in inflation rate, coupled with investment in infrastructure and energy projects. According to the latest data released by Statistics Austria, the country’s construction new orders index grew by 1.4% year on year (YoY) in the first eleven months of 2024, while civil engineering new orders grew by 10.6% YoY during the same period. According to the Oesterreichische Nationalbank (OeNB), new loans for housing purposes grew by 6.6% YoY in the first eleven months of 2024. According to Statics Austria, the inflation rate stood at 2% in Austria, which is within the target range of 2% set by the European Central Bank. However, a rising budget deficit, a fall in construction turnover and production, and a weak industrial market are likely to weigh on the growth of the construction industry over the short to medium term. According to Statistics Austria, the average construction production index fell by 1% YoY in the first nine months of 2024, while the average industrial and manufacturing production index fell by 3.9% and 4.2% respectively during the same period. According to the OeNB Central Bank, the Austrian government's budget deficit is expected to increase from 3.9% of GDP in 2024 to 4.1% in 2025.

Over the remainder of the forecast period, the Austrian construction industry is expected to register an annual average growth rate of 2.5% between 2026 and 2029, supported by public and private sector investments to develop the transport and renewable energy infrastructure, coupled with the government’s aim to produce 100% of the country’s electricity through renewable energy sources by 2030

Scope

This report provides a comprehensive analysis of the construction industry in Austria.It provides -

• Historical (2020-2024) and forecast (2025-2029) valuations of the construction industry in Austria, featuring details of key growth drivers.
• Segmentation by sector (commercial, industrial, infrastructure, energy and utilities, institutional and residential) and by sub-sector
• Analysis of the mega-project pipeline, including breakdowns by development stage across all sectors, and projected spending on projects in the existing pipeline.
• Listings of major projects, in addition to details of leading contractors and consultants

Reasons to Buy

• Identify and evaluate market opportunities using our standardized valuation and forecasting methodologies
• Assess market growth potential at a micro-level with over 600 time-series data forecasts
• Understand the latest industry and market trends
• Formulate and validate business strategies using GlobalData's critical and actionable insight
• Assess business risks, including cost, regulatory and competitive pressures
• Evaluate competitive risk and success factors