Construction Market In Germany 2024-2028
The construction market in Germany is forecasted to grow by USD 156.9 bn during 2023-2028, accelerating at a CAGR of 6.78% during the forecast period. The report on the construction market in Germany provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing demand for housing units, increase in public infrastructure spending by the government, and rising regulatory efforts to increase consumer spending on housing.
Technavio's construction market in Germany is segmented as below:
By Type
- Buildings construction
- Heavy and civil engineering construction
- Land planning and development
- Specialty trade contractors
By End-user
- Residential
- Commercial
- Public
By Geographical Landscape
This study identifies the growing demand for modular houses as one of the prime reasons driving the construction market in Germany growth during the next few years. Also, use of digital technologies and rising investments in renewables will lead to sizable demand in the market.
The report on the construction market in Germany covers the following areas:
- Construction market in Germany sizing
- Construction market in Germany forecast
- Construction market in Germany industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading construction market in Germany vendors that include allkaufhaus GmbH, ARGON Hausbau GmbH and Co. KG, BASF SE, BAUER AG, Bilfinger SE, Building Radar GmbH, CRH PLC, GOLDBECK GmbH, HOCHTIEF AG, Lechner Massivhaus GmbH, LEONHARD WEISS GmbH and Co. KG, Max Bogl Bauservice GmbH and Co. KG, PERI SE, PORR AG, Ronesans Holding, RRI GmbH Rhein Ruhr International, SchworerHaus KG, STRABAG SE, TRAPP Construction International GmbH, and WOLFF and MULLER Holding GmbH and Co. KG. Also, the construction market in Germany analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.