Norway Construction Market Summary, Competitive Analysis and Forecast to 2027
Summary
Construction in Norway industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The construction market is defined as the value of work put in place annually for both, residential and non-residential construction.
- The Norwegian construction industry had total revenues of $83,869.6 million in 2022, representing a compound annual growth rate (CAGR) of 4% between 2017 and 2022.
- The non-residential construction segment accounted for the industry's largest proportion in 2022, with total revenues of $48,985.2 million, equivalent to 58.4% of the industry's overall value.
- The final household consumption expenditure on housing per household in Norway stood at $22,391.3 in 2021, an increase of 16.7% from the previous year, according to in-house research.
- Save time carrying out entry-level research by identifying the size, growth, and leading players in the construction market in Norway
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the construction market in Norway
- Leading company profiles reveal details of key construction market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Norway construction market with five year forecasts by both value and volume
- What was the size of the Norway construction market by value in 2022?
- What will be the size of the Norway construction market in 2027?
- What factors are affecting the strength of competition in the Norway construction market?
- How has the market performed over the last five years?
- How large is Norway’s construction market in relation to its regional counterparts?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Category segmentation
- 1.4. Geography segmentation
- 1.5. Market rivalry
- 1.6. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 5 Market Outlook
- 5.1. Market value forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Who are the key players in this sector?
- 7.2. What strategies do leading players follow?
- 7.3. How is technology shaping the construction industry in Norway?
- 7.4. Have any leading players secured important contracts this year?
- 8 Company Profiles
- 8.1. Veidekke ASA
- 8.2. AF Gruppen ASA
- 8.3. Aibel AS
- 8.4. Skanska AB
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: Norway construction industry value: $ million, 2017–22
- Table 2: Norway construction industry category segmentation: % share, by value, 2017–2022
- Table 3: Norway construction industry category segmentation: $ million, 2017-2022
- Table 4: Norway construction industry geography segmentation: $ million, 2022
- Table 5: Norway construction industry value forecast: $ million, 2022–27
- Table 6: Veidekke ASA: key facts
- Table 7: Veidekke ASA: Annual Financial Ratios
- Table 8: Veidekke ASA: Key Employees
- Table 9: AF Gruppen ASA: key facts
- Table 10: AF Gruppen ASA: Annual Financial Ratios
- Table 11: AF Gruppen ASA: Key Employees
- Table 12: Aibel AS: key facts
- Table 13: Aibel AS: Key Employees
- Table 14: Skanska AB: key facts
- Table 15: Skanska AB: Annual Financial Ratios
- Table 16: Skanska AB: Key Employees
- Table 17: Skanska AB: Key Employees Continued
- Table 18: Norway size of population (million), 2018–22
- Table 19: Norway gdp (constant 2005 prices, $ billion), 2018–22
- Table 20: Norway gdp (current prices, $ billion), 2018–22
- Table 21: Norway inflation, 2018–22
- Table 22: Norway consumer price index (absolute), 2018–22
- Table 23: Norway exchange rate, 2018–22
- List of Figures
- Figure 1: Norway construction industry value: $ million, 2017–22
- Figure 2: Norway construction industry category segmentation: $ million, 2017-2022
- Figure 3: Norway construction industry geography segmentation: % share, by value, 2022
- Figure 4: Norway construction industry value forecast: $ million, 2022–27
- Figure 5: Forces driving competition in the construction industry in Norway, 2022
- Figure 6: Drivers of buyer power in the construction industry in Norway, 2022
- Figure 7: Drivers of supplier power in the construction industry in Norway, 2022
- Figure 8: Factors influencing the likelihood of new entrants in the construction industry in Norway, 2022
- Figure 9: Factors influencing the threat of substitutes in the construction industry in Norway, 2022
- Figure 10: Drivers of degree of rivalry in the construction industry in Norway, 2022
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