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Market Research Report

Construction in Sweden - Key Trends and Opportunities to 2024

Published by GlobalData Product code 270155
Published Content info 48 Pages
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Construction in Sweden - Key Trends and Opportunities to 2024
Published: October 21, 2020 Content info: 48 Pages
Description

The Swedish construction industry grew by 3.1% in real terms in 2019, supported by public and private sector investments in both building and civil engineering works, with positive developments in residential and infrastructure sectors.

The country's construction industry has fared better than those of other European countries due to the moderate Coronavirus (COVID-19) containment measures which have helped construction sites remain open during the pandemic. As the industry was already in a weak state due to sluggish economic outturn, it is expected to register a negative growth for the year.

According to Statistics Sweden, the construction industry's value-add grew by 1.1% year on year in the second quarter of 2020 (the latest data available at the time of writing) compared to year-on-year growth of 1.2% in Q1 2020. Reflecting the disruptions caused by the pandemic, coupled with the weak outlook for economic growth, GlobalData forecasts the construction industry to contract by 1.1% in 2020, but is thereafter forecast to grow at an annual average rate of 1.1% during 2021-2024. This growth is expected to be supported by public and private sector investment in the country's transport infrastructure, coupled with efforts to boost energy production. In September 2020, the Swedish government presented the 2021 budget bill to the Riksdag, injecting SEK105 billion (US$11 billion) into the economy in the next year. In addition, SEK9.7 billion (US$1 billion) is included in the bill which is aimed at fighting climate change.

This report provides detailed market analysis, information and insights into the Swedish construction industry, including -

  • The Swedish construction industry's growth prospects by market, project type and construction activity
  • Critical insight into the impact of industry trends and issues, as well as an analysis of key risks and opportunities in the Swedish construction industry
  • Analysis of the mega-project pipeline, focusing on development stages and participants, in addition to listings of major projects in the pipeline.

Scope

This report provides a comprehensive analysis of the construction industry in Sweden. It provides -

  • Historical (2015-2019) and forecast (2020-2024) 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 our 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 business strategies using GlobalData's critical and actionable insight
  • Assess business risks, including cost, regulatory and competitive pressures
  • Evaluate competitive risk and success factors
Table of Contents
Product Code: GDCN0561MR

Table of Contents

Table of Contents

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

4. Construction Outlook

  • 4.1 All Construction
  • 4.2 Commercial Construction
  • 4.3 Industrial Construction
  • 4.4 Infrastructure Construction
  • 4.5 Energy and Utilities Construction
  • 4.6 Institutional Construction
  • 4.7 Residential Construction

5. Key Industry Participants

  • 5.1 Contractors
  • 5.2 Consultants

6. Construction Market Data

7. Appendix

  • 7.1 What is this Report About?
  • 7.2 Definitions
  • 7.3 GlobalData Construction

List of Tables

List of Tables

  • Table 1: Construction Industry Key Data
  • Table 2: Sweden, Key Economic Indicators
  • Table 3: Sweden, Commercial Construction Output by Project Type (Real % Change), 2015-2024
  • Table 4: Sweden, Top Commercial Construction Projects by Value
  • Table

List of Figures

List of Figures

  • Figure 1: Western Europe, Construction Output (Real % Change), 2020
  • Figure 2: Sweden, Construction Projects Pipeline by Sector (US$ Billion)
  • Figure 3: Sweden, COVID-19 Confirmed Cases
  • Figure 4: Sweden, Construction Output Value (Real, US$ Billion, 2017 Prices and Exchange Rate), 2015-2024
  • Figure 5: Sweden, Construction Output Value, by Sector (Real, US$ Million), 2015-2024
  • Figure 6: Sweden, Construction Production Value Index (2015 Constant Prices)
  • Figure 7: Sweden, Construction Value-Add (SEK Million, 2019 Constant Prices)
  • Figure 8: Sweden, Building Permits (Numbers)
  • Figure 9: Sweden, Construction Projects Momentum Index
  • Figure 10: Sweden, Commercial Construction Output by Project Type (Real, US$ Million), 2015-2024
  • Figure 11: Sweden, Commercial Construction Projects Pipeline, Value by Stage (US$ Million)
  • Figure 12: Sweden, Wholesale and Retail Production Value Index (2015=100)
  • Figure 13: Sweden, Wholesale Turnover Index (2015=100)
  • Figure 14: Sweden, Total Number of Nights Spent in Hotels (Number, in Thousands)
  • Figure 15: Sweden, Total Revenue from Occupied Hotel Rooms (SEK, in Thousands)
  • Figure 16: Sweden, Industrial Construction Output by Project Type (Real, US$ Million), 2015-2024
  • Figure 17: Sweden, Industrial Construction Projects Pipeline, Value by Stage (US$ Million)
  • Figure 18: Sweden, Exports (SEK, Million)
  • Figure 19: Sweden, Manufacturing Production Index (2015=100)
  • Figure 20: Sweden, Manufacturing Turnover Index (2015=100)
  • Figure 21: Sweden, Infrastructure Construction Output by Project Type (Real, US$ Million), 2015-2024
  • Figure 22: Sweden, Infrastructure Construction Projects Pipeline, Value by Stage (US$ Million)
  • Figure 23: Sweden, Energy and Utilities Construction Output by Project Type (Real, US$ Million), 2015-2024
  • Figure 24: Sweden, Energy and Utilities Construction Projects Pipeline, Value by Stage (US$ Million)
  • Figure 25: Sweden, Institutional Construction Output by Project Type (Real, US$ Million), 2015-2024
  • Figure 26: Sweden, Institutional Construction Projects Pipeline, Value by Stage (US$ Million)
  • Figure 27: Sweden, Residential Construction Output by Project Type (Real, US$ Million), 2015-2024
  • Figure 28: Sweden, Residential Construction Projects Pipeline, Value by Stage (US$ Million)
  • Figure 29: Sweden, Number of Newly Constructed Dwellings (in Thousands)
  • Figure 30: Sweden, Total Floor Area of Permits Approved for Dwellings (in Million m2)
  • Figure 31: Sweden, Headquarters of Key Contractors (% of Total Project Pipeline)
  • Figure 32: Sweden, Headquarters of Key Consultants (% of Total Project Pipeline)
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