Italy Construction Market by Type (Renovation and New Construction), and by Sector (Real Estate, Infrastructure, and Industrial)–Opportunity Analysis and Industry Forecast, 2024–2030
The Italy Construction Market size was valued at USD 305.18 billion in 2023, and is predicted to reach USD 354.32 billion by 2030, at a CAGR of 3.5% from 2024 to 2030.
The construction market in Italy is currently witnessing noteworthy growth, propelled by heightened infrastructure investments and proactive governmental measures. As reported by the National Association of Building Contractors (ANCE), construction investments surged by an impressive 17.6% in 2022, reaching a substantial total of USD 173.75 billion compared to the preceding year. This surge in investment signifies a promising trajectory for stability and expansion within Italy's construction sector. Such robust growth underscores the pivotal role of infrastructure development and governmental support in driving economic progress and fostering opportunities within the construction industry.
Nonetheless, the construction industry encounters significant hurdles stemming from the complex network of government regulations and permitting procedures, that often necessitate an array of approvals from local, regional, and national authorities. These regulatory requirements encompass zoning regulations, environmental assessments, building code adherence, safety standards, and other prerequisites. Permit delays, bureaucratic inefficiencies, and regulatory disparities across jurisdictions can substantially prolong project timelines and escalate costs. Moreover, fluctuations in regulations or unexpected policy changes can disrupt ongoing projects and discourage future investments. For example, the United States Environmental Protection Agency (EPA) oversees various facets of the construction sector, including air quality, lead management, waste disposal, and water regulations. The EPA's compliance assistance centers offer resources to manage environmental responsibilities during demolition, material recycling, and the disposal of refrigeration and air-conditioning equipment.
In contrast, digital transformation and the adoption of Building Information Modeling (BIM) are reshaping the construction sector by integrating advanced technologies to enhance efficiency, precision, and collaboration across diverse projects. BIM, a sophisticated 3D modeling tool, empowers stakeholders to generate and manage digital representations of structures and infrastructure, thereby improving coordination and communication among project teams. For example, in September 2022, the National Institute of Building Sciences (NIBS) launched the U.S. National Building Information Management (BIM) Program to revolutionize the construction industry and achieve unprecedented levels of industrial efficiency through digitalization. This initiative aims to address the insufficient digitalization in the U.S. construction industry, hindering the optimization of lifecycle work processes to achieve heightened efficiency, cost-effectiveness, resilience, and safety in construction and maintenance endeavors.
KEY BENEFITS
The Italy construction industry is segmented based on type, and sector.
Based on type, the market is segmented renovation and new construction.
Based on sector, the market is divided into real estate, infrastructure, and industrial.
Key Market Players
Leading players operating in the Italy construction industry include:
• China State Construction Engineering Corp. Ltd. (CSCEC)
• China Railway Group Ltd. (CREC)
• China Railway Construction Corp. Ltd. (CRCC)
• China Communications Construction Group Ltd. (CCCC)
• Metallurgical Corporation of China Ltd. (MCC)
• Power Construction Corp. of China
• Vinci SA
• China Energy Engineering Corp. (CEEC)
• Shanghai Construction Group (SCG)
• Bouygues Group
KEY BENEFITS
• The Italy construction market report provides a quantitative analysis of the current market and estimations through 2024-2030 that assists in identifying the prevailing market opportunities to capitalize on.
• The study comprises a deep dive analysis of the market trend including the current and future trends for depicting the prevalent investment pockets in the market.
• The information related to key drivers, restraints, and opportunities and their impact on the market is provided in the report.
• The competitive analysis of the market players along with their market share in the Italy construction market.
• The SWOT analysis and Porter’s Five Forces model are elaborated in the study.
• Value chain analysis in the market study provides a clear picture of the stakeholders’ roles.
- 1 Introduction
- 1.1 Report Description
- 1.2 Research Methodology
- 1.2.1 Secondary Research
- 1.2.2 Data Analysis Framework
- 1.2.3 Market Size Estimation
- 1.2.4 Forecasting
- 1.2.5 Primary Research And Data Validation
- 2 Italy Construction Market By Type
- 2.1 Overview
- 2.2 Renovation Market
- 2.3 New Construction Market
- 3 Italy Construction Market By Sector
- 3.1 Overview
- 3.2 Real Estate Market
- 3.2.1 Residential
- 3.2.1.1 Affordable
- 3.2.1.2 Luxury
- 3.2.2 Commercial
- 3.2.2 Retail Buildings
- 3.2.2 Office Buildings
- 3.2.2 Hospitality
- 3.2.2 Healthcare Facilities
- 3.2.2 Educational Institutes
- 3.2.2 Entertainment Ventures
- 3.3 Infrastructure Market
- 3.3.1 Transportation
- 3.3.1 Airport
- 3.3.1 Port
- 3.3.1 Rail
- 3.3.1 Road
- 3.3.2 Water And Wastewater
- 3.3.3 Energy
- 3.3.4 Telecommunication
- 3.4 Industrial Market
- 3.4.1 Manufacturing Plant
- 3.4.2 Warehouses
- 3.4.3 Power Plants
- 3.4.4 Oil Refineries
- 3.4.5 Chemical Plants
- 4 Company Profiles
- 4.1 China State Construction Engineering Corp. Ltd. (Cscec)
- 4.1.1 Company Overview
- 4.1.2 Company Snapshot
- 4.1.3 Operating Business Segments
- 4.1.4 Product Portfolio
- 4.1.5 Business Performance
- 4.1.6 Business Segments
- 4.1.7 Geographic Segments
- 4.1.8 Key Strategic Moves And Development
- 4.1.9 Primary Market Competitors
- 4.2 China Railway Group Ltd. (Crec)
- 4.2.1 Company Overview
- 4.2.2 Company Snapshot
- 4.2.3 Operating Business Segments
- 4.2.4 Product Portfolio
- 4.2.5 Business Performance
- 4.2.6 Business Segments
- 4.2.7 Geographic Segments
- 4.2.8 Key Strategic Moves And Development
- 4.2.9 Primary Market Competitors
- 4.3 China Railway Construction Corp. Ltd. (Crcc)
- 4.3.1 Company Overview
- 4.3.2 Company Snapshot
- 4.3.3 Operating Business Segments
- 4.3.4 Product Portfolio
- 4.3.5 Business Performance
- 4.3.6 Business Segments
- 4.3.7 Geographic Segments
- 4.3.8 Key Strategic Moves And Development
- 4.3.9 Primary Market Competitors
- 4.4 China Communications Construction Group Ltd. (Cccc)
- 4.4.1 Company Overview
- 4.4.2 Company Snapshot
- 4.4.3 Operating Business Segments
- 4.4.4 Product Portfolio
- 4.4.5 Business Performance
- 4.4.6 Business Segments
- 4.4.7 Geographic Segments
- 4.4.8 Key Strategic Moves And Development
- 4.4.9 Primary Market Competitors
- 4.5 Metallurgical Corporation Of China Ltd. (Mcc)
- 4.5.1 Company Overview
- 4.5.2 Company Snapshot
- 4.5.3 Operating Business Segments
- 4.5.4 Product Portfolio
- 4.5.5 Business Performance
- 4.5.6 Business Segments
- 4.5.7 Geographic Segments
- 4.5.8 Key Strategic Moves And Development
- 4.5.9 Primary Market Competitors
- 4.6 Power Construction Corp. Of China
- 4.6.1 Company Overview
- 4.6.2 Company Snapshot
- 4.6.3 Operating Business Segments
- 4.6.4 Product Portfolio
- 4.6.5 Business Performance
- 4.6.6 Business Segments
- 4.6.7 Geographic Segments
- 4.6.8 Key Strategic Moves And Development
- 4.6.9 Primary Market Competitors
- 4.7 Vinci Sa
- 4.7.1 Company Overview
- 4.7.2 Company Snapshot
- 4.7.3 Operating Business Segments
- 4.7.4 Product Portfolio
- 4.7.5 Business Performance
- 4.7.6 Business Segments
- 4.7.7 Geographic Segments
- 4.7.8 Key Strategic Moves And Development
- 4.7.9 Primary Market Competitors
- 4.8 China Energy Engineering Corp. (Ceec)
- 4.8.1 Company Overview
- 4.8.2 Company Snapshot
- 4.8.3 Operating Business Segments
- 4.8.4 Product Portfolio
- 4.8.5 Business Performance
- 4.8.6 Business Segments
- 4.8.7 Geographic Segments
- 4.8.8 Key Strategic Moves And Development
- 4.8.9 Primary Market Competitors
- 4.9 Shanghai Construction Group (Scg)
- 4.9.1 Company Overview
- 4.9.2 Company Snapshot
- 4.9.3 Operating Business Segments
- 4.9.4 Product Portfolio
- 4.9.5 Business Performance
- 4.9.6 Business Segments
- 4.9.7 Geographic Segments
- 4.9.8 Key Strategic Moves And Development
- 4.9.9 Primary Market Competitors
- 4.10 Bouygues Group
- 4.10.1 Company Overview
- 4.10.2 Company Snapshot
- 4.10.3 Operating Business Segments
- 4.10.4 Product Portfolio
- 4.10.5 Business Performance
- 4.10.6 Business Segments
- 4.10.7 Geographic Segments
- 4.10.8 Key Strategic Moves And Development
- 4.10.9 Primary Market Competitors
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