DUBLIN--(BUSINESS WIRE)--The "Europe Construction Industry Databook Series - Market Size & Forecast (2014 - 2023) by Value and Volume across 40+ Market Segments in Residential, Commercial, Industrial, Institutional and Infrastructure Construction, - Updated in Q3, 2019" report has been added to ResearchAndMarkets.com's offering.
According to this research, the European construction industry is expected to record a CAGR of 4.4% to reach US$ 2,778.3 billion by 2023. The residential construction industry in value terms increased at a CAGR of 3.8% during 2014-2018. The commercial building construction market in value terms is expected to record a CAGR of 3.6% over the forecast period. The infrastructure construction was estimated to be US$ 604.1 billion in 2018, posting a CAGR of 1.7% during review period.
This report provides data and trend analyses on European construction industry, with over 100 KPIs. This is a data-centric report and it provides trend analyses with over 2,000+ charts and 1,750+ tables. It details market size & forecast, emerging trends, market opportunities, and investment risks in over 40 segments in residential, commercial, industrial, institutional, and infrastructure construction sectors.
Construction activity is steadily rising across all of the EU countries, supported by low interest rates and stable economic growth. Economic stability has in turn resulted in decrease in unemployment, thus boosting consumer and business confidence that the future is better. Steady growth in construction industry in Europe has recorded increased inflow of public and private investment. The European construction market is likely to also witness a shift in its growth engine from residential construction to infrastructure sector. As a result, there are medium to large scale business opportunities in the region.
Over the forecast period, residential building construction market is projected to increase at a CAGR of 5.2%. Currently, multi-family housing segment accounts for 34% of total residential construction and it is expected to increase to 39% by 2023.
Over the forecast period, growth in new residential building construction segment is expected to be and building renovation markets, and where collective housing is likely to override with 58% over 42% of individual housing by 2021.
The forecast from a structural point of view predicts that regions population will keep growing steadily. This along with policy reforms will drive residential construction sector.
Nordic countries of Europe have witnessed a 17.4% increase in the number of newly constructed houses in a year from 84,973 in 2014 to 99,744 units as of 2017. Central and East European countries will continue to increase spend on housing.
- Non-residential Construction
During the 2019-2023 period, the non-residential building construction market is expected to grow at 3.2% on an average. Commercial building construction segment is expected to reach US$ 470 billion by 2023. Nordic region is acting as growth engine for European construction industry, a trend expected to continue over the forecast period. Owing to the effects of Brexit, many public buildings and offices are reversing the non-residential market in the UK and Germany.
- Infrastructure Construction
By 2019, infrastructure construction sector is expected to rise at 3.5% - 5.5% annually. Key focus will be on roads and railways renovation.
There are major differences in the outlook of different countries across Europe in terms of growth. Construction growth during 2019-2023 will be 3.0% in Eastern European countries, while the Western Europe will see an increase of 4.8% per annum.
It provides a comprehensive understanding of construction industry sectors in both value and volume (both by activity and units) terms. The report focuses on combining industry dynamics with macro-economic scenario and changing consumer behavior to offer a 360-degree view of the opportunities and risks.
In addition to country level analysis, this report offers a detailed market opportunity assessment across top 150 cities, helping clients assess key regions to target within the city.
Key Topics Covered:
This is a bundled offering, comprising 15 reports. Detailed Table of Contents given below is for one country due to space constraint. All other countries will have same sections, charts, and tables.
The buyer will receive 15 country reports.
1 About this Report
2 Construction Industry Dynamics and Growth Prospects
3 Residential Construction Industry Market Size and Forecast
4 Analysis by Residential Construction Markets Outlook by Construction type
5 Analysis by Residential Construction Markets Outlook by Key Cities
6 Analysis by Residential Construction Markets Outlook by Price Point
7 Residential Building Construction Growth Trend Analysis by Development Stage
8 Commercial Construction Industry Market Size and Forecast
9 Outlook and Growth Dynamics by Office Building Construction
10 Retail Building Construction Outlook
11 Hospitality and Luxury Building Construction Outlook
12 Restaurant Building Construction Outlook
13 Sports Facility Building Construction Outlook
14 Entertainment Building Construction Outlook
15 Commercial Building Construction Growth Trend Analysis by Development Stage
16 Industrial Construction Industry Market Size and Forecast
17 Outlook and Growth Dynamics by Industrial Building Construction Sectors
18 Industrial Building Construction Growth Trend Analysis by Development Stage
19 Institutional Construction Industry Market Size and Forecast
20 Outlook and Growth Dynamics by Institutional Building Construction Sectors
21 Institutional Building Construction Growth Trend Analysis by Development Stage
22 Building Construction Analysis by Key Cities
23 Utility System Infrastructure Construction Industry Market Size and Forecast
24 Transport Infrastructure Construction Industry Market Size and Forecast
25 Marine and Inland Water Infrastructure Construction Industry Market Size and Forecast
26 Infrastructure Construction Growth Trend Analysis by Development Stage
For more information about this report visit https://www.researchandmarkets.com/r/htxmtw
