DUBLIN--(BUSINESS WIRE)--The "Sweden Construction Market Size, Trends and Forecasts by Sector - Commercial, Industrial, Infrastructure, Energy and Utilities, Institutional and Residential Market Analysis, 2022-2026" report has been added to ResearchAndMarkets.com's offering.
The Swedish construction industry is expected to grow by 1.5% in real terms in 2022, following marginal growth of 0.4% in 2021 and 0.9% in 2020.
With a rebound in economic activities amid progress in the country's vaccination drive and a positive growth trend in building permits, the construction industry is expected to register positive growth this year. According to StatistiskaCentralbyran (SCB), the total number of approved building permits rose by 17.8% year on year (YoY) in 2021, with residential building permits up by 18%, while that of non-residential buildings rose by 17.2%.
The publisher expects the Swedish construction industry to register an annual average growth of 2.5% from 2023 to 2026, supported by government's investment in transport and energy infrastructure. The construction of the first electric road (a road which supplies electric power to vehicles travelling on it) by 2025 in Orebro by the Swedish Transport Administration Agency, Trafikverket, will help in meeting the government's aim to transform the country into the world's first fossil-free welfare state.
In addition to this, the Swedish government announced plans in February 2022 to develop offshore windfarms in Gulf of Bothnia, Baltic, and North Sea areas to generate 20-30TWh of electricity every year. The development areas were identified by the Swedish Energy Agency, whose detailed analysis will be made by the Swedish Maritime Administration by December 2024.
In March 2022, the European Commission approved a fund of SEK27.9 billion ($3.3 billion) under the EU Recovery and Resilience Facility (RRF), which is part of the NextGenerationEU plan. Through this fund, the Swedish government plans to implement its Swedish recovery plan, involving projects that cover the entire period of the RRF until 2026.
Scope
- Historical (2017-2021) and forecast (2022-2026) valuations of the construction industry in Sweden, 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
Reasons to Buy
- Identify and evaluate market opportunities using the publisher'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 the publisher's critical and actionable insight.
- Assess business risks, including cost, regulatory and competitive pressures.
- Evaluate competitive risk and success factors.
Key Topics Covered:
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 COVID-19 Status
3.5 Risk Profile
4 Construction Outlook
4.1 All Construction
- Outlook
- Latest news and developments
- Construction Projects Momentum Index
4.2 Commercial Construction
- Outlook
- Project analytics
- Latest news and developments
4.3 Industrial Construction
- Outlook
- Project analytics
- Latest news and developments
4.4 Infrastructure Construction
- Outlook
- Project analytics
- Latest news and developments
4.5 Energy and Utilities Construction
- Outlook
- Project analytics
- Latest news and developments
4.6 Institutional Construction
- Outlook
- Project analytics
- Latest news and developments
4.7 Residential Construction
- Outlook
- Project analytics
- Latest news and developments
5 Key Industry Participants
5.1 Contractors
5.2 Consultants
6 Construction Market Data
7 Appendix
For more information about this report visit https://www.researchandmarkets.com/r/djbuu1