Spain Construction Market Size, Trends, and Forecasts by Sector - Commercial, Industrial, Infrastructure, Energy and Utilities, Institutional and Residential Market Analysis, 2024-2028
Summary
GlobalData’s Construction in Spain - Key Trends and Opportunities to 2028 (Q2 2024) report provides detailed market analysis, information, and insights into Spain’s construction industry, including-
- Spain’s 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 Spain’s 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 Spanish construction industry is expected to register an average annual growth rate of 3% during 2025-28, supported by investments in the development of the transport, renewable energy, and manufacturing sectors. The government plans to produce five million electric vehicles (EVs) in Spain by 2030 through its National Energy and Climate Plan 2021-2030 (NECP), which was announced in 2021. Thus, to achieve this target in December 2023, Volkswagen a German automobile company announced an investment of EUR3 billion ($3.2 billion) for the construction of a battery factory in Sagunrt by 2026. Growth over the forecasted period will be also supported by the revised National Energy and Climate Plan (NECP), in which the government aims to have 214GW of total installed capacity in the electricity sector by 2030, with 160GW derived from renewable energy sources and 22GW from storage.
Scope
This report provides a comprehensive analysis of the construction industry in Spain. It provides-
- Historical (2019-2023) and forecast (2024-2028) valuations of the construction industry in Spain, 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
- Identify and evaluate market opportunities using GlobalData's 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 strategy using GlobalData's critical and actionable insight.
- Assess business risks, including cost, regulatory and competitive pressures.
- Evaluate competitive risk and success factors.
- 1 Executive Summary
- 2 Construction Industry: At-a-Glance
- 3 Context
- 3.1 Economic Performance
- 3.2 Political Environment and Policy
- 3.3 Demographics
- 3.4 Risk Profile
- 4 Construction Outlook
- 4.1 All Construction
- Outlook
- Latest n
- List of Tables
- Table 1: Construction Industry Key Data
- Table 2: Spain, Key Economic Indicators
- Table 3: Spain, Commercial Construction Output by Project Type (Real % Change), 2019-28
- Table 4: Spain, Top Commercial Construction Projects by Value
- Table 5: S
- List of Figures
- Figure 1: Western Europe, Construction Output (Real % Change), 2022-28
- Figure 2: Spain, Construction Output by Sector (Real % Change), 2022-24 and 2025-28
- Figure 3: Spain, Risk Summary
- Figure 4: Spain, Risk Regional Comparison
- Figure 5: Spain, Construction Output Value (Real, $ Million, 2022 Prices and Exchange Rate), 2019-28
- Figure 6: Spain, Construction Output Value, by Sector (Real, $ Million), 2019-28
- Figure 7: Spain, Constructions Value Add (EUR Million, 2015 Chain Linked Volume Prices)
- Figure 8: Spain, Construction Production Index, 2015=100
- Figure 9: Spain, Gross Fixed Capital Formation in Construction Sector, 2015 Chain Linked Volume Measures (EUR Million)
- Figure 10: Spain, Employment in the Construction Industry (In Thousands)
- Figure 11: Spain, Construction Projects Momentum Index
- Figure 12: Western Europe, Construction Projects Momentum Index
- Figure 13: Spain, Commercial Construction Output by Project Type (Real, $ Million), 2019-28
- Figure 14: Spain, Commercial Construction Projects Pipeline, Value by Stage ($ Million)
- Figure 15: Spain, International Tourist Arrivals (In Thousands) and Spending by International Tourists (EUR Million)
- Figure 16: Spain, Wholesale and Retail Trade Value Add (EUR Million, 2015 Chain Linked Volume Prices)
- Figure 17: Spain, Employment in the wholesale and retail sector (In Thousands)
- Figure 18: Spain, Employment in the hospitality sector (In Thousands)
- Figure 19: Spain, Retail Turnover Index, Constant Prices, 2015=100
- Figure 20: Spain, Industrial Construction Output by Project Type (Real, $ Million), 2019-28
- Figure 21: Spain, Industrial Construction Projects Pipeline, Value by Stage ($ Million)
- Figure 22: Spain, Manufacturing Value Add (EUR Million, 2015 Chain Linked Volume Prices)
- Figure 23: Spain, Production Index, 2015=100
- Figure 24: Spain, Vehicle Production and Exports, In Thousands
- Figure 25: Spain, Industrial New Orders, % Change YoY
- Figure 26: Spain, Infrastructure Construction Output by Project Type (Real, $ Million), 2019-28
- Figure 27: Spain, Infrastructure Construction Projects Pipeline, Value by Stage ($ Million)
- Figure 28: Spain, Energy and Utilities Construction Output by Project Type (Real, $ Million), 2019-28
- Figure 29: Spain, Energy and Utilities Construction Projects Pipeline, Value by Stage ($ Million)
- Figure 30: Spain, Information and Communication Value Add (EUR Million, 2015 Chain Linked Volume Prices)
- Figure 31: Spain, Institutional Construction Output by Project Type (Real, $ Million), 2019-28
- Figure 32: Spain, Institutional Construction Projects Pipeline, Value by Stage ($ Million)
- Figure 33: Spain, Public Administration, Defense, Education, Human Health and Social Work Activities Value Add (EUR Million, 2015 Chain Linked Volume Prices)
- Figure 34: Spain, Residential Construction Output by Project Type (Real, $ Million), 2019-28
- Figure 35: Spain, Residential Construction Projects Pipeline, Value by Stage ($ Million)
- Figure 36: Spain, Real Estate Value Add (EUR Million, 2015 Chain Linked Volume Prices)
- Figure 37: Spain, Gross Fixed Capital Formation for Dwellings (EUR Million, 2015 Chain Linked Volume Prices)
- Figure 38: Spain, House Price Index, 2015=100
- Figure 39: Spain, Housing Sales (in Number)
- Figure 40: Spain, Headquarters of Key Contractors (% of Total Project Pipeline)
- Figure 41: Spain, Headquarters of Key Consultants (% of Total Project Pipeline)
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