Construction in Germany - Key Trends and Opportunities to 2025

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	Market Research Report Construction in Germany - Key Trends and Opportunities to 2025
Published by	GlobalData			Product code	961673
Published	February 2, 2021	Content info	46 Pages Delivery time: 1-2 business days
Price	PDF (Single User License) USD 1495 PDF (Site License) USD 2990 PDF (Global License) USD 4485

Description

The German construction industry fared relatively well compared to its peers in Western Europe. Although the industry's value-add in real terms contracted by 2.6% year on year (YoY) in Q3 2020, it was preceded by a Y-o-Y growth of 2.7% in Q2 and 7% in Q1 2020; this helped the industry to register a cumulative growth of 2% YoY during the first nine months of 2020.

Construction activities held up relatively well in the first three quarters of 2020, as the construction sector was exempted from lockdown restrictions imposed in 2020. Although the residential sector registered growth during this period, the commercial sector witnessed lower levels of activity. In 2021, the construction industry's output growth is expected to pick up, driven by the government's focus on the development of the country's transport and energy infrastructure.

GlobalData expects the German construction industry to grow by 2.8% this year and grow at a rate of 2.3% between 2022 and 2025. Growth in the industry will be supported by the government's focus on improving regional connectivity through the development of the country's rail and road transport infrastructure, coupled with efforts to boost energy production. The construction of the Fehmarn belt underwater tunnel between Germany and Denmark, which is worth EUR7 billion (US$7.8 billion), will underpin activity in the transport infrastructure sector over the medium term. Growth will also be supported by the 10-year plan to invest EUR86 billion (US$94.7 billion) on the maintenance and modernization of the country's rail network between 2020 and 2030.

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

The German 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 German 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 Germany. It provides -

Historical (2016-2020) and forecast (2021-2025) valuations of the construction industry in Germany, 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 GlobalData'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 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: GDCN0615MR

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

Table 1: Construction Industry Key Data
Table 2: Germany, Key Economic Indicators
Table 3: Germany, Commercial Construction Output by Project Type (Real % Change), 2016-2025
Table 4: Germany, Top Commercial Construction Projects by Value
Ta

List of Figures

Figure 1: Western Europe, Construction Output (Real % Change), 2020 and 2021
Figure 2: Germany, Construction Projects Pipeline by Sector (US$ Billion)
Figure 3: Germany, COVID-19 Confirmed Cases
Figure 4: Germany, Construction Output Value (Real, US$ Billion, 2017 Prices and Exchange Rate), 2016-2025
Figure 5: Germany, Construction Output Value, by Sector (Real, US$ Million), 2016-2025
Figure 6: Germany, New Orders Value Index for Building Construction and Civil Engineering Works, % Change, YoY
Figure 7: Germany, Total Number of Building Permits Approved, % Change, YoY
Figure 8: Germany, Construction Projects Momentum Index
Figure 9: Germany, Commercial Construction Output by Project Type (Real, US$ Million), 2016-2025
Figure 10: Germany, Commercial Construction Projects Pipeline, Value by Stage (US$ Million)
Figure 11: Germany, Commercial Construction Orders Value Index (2015=100)
Figure 12: Germany, Tourist Arrivals and Overnight Stays, % Change YoY
Figure 13: Germany, Turnover Index of Accommodation and Food Service Activities in Constant Terms, 2015=100, % Change, YoY
Figure 14: Germany, Retail Sales Index in Constant Terms, 2015=100, % Change, YoY
Figure 15: Germany, Wholesale Turnover Index in Constant Terms, 2015=100, % Change, YoY
Figure 16: Germany, Number of Permits Approved for Office and Administrative Buildings, % Change, YoY
Figure 17: Germany, Industrial Construction Output by Project Type (Real, US$ Million), 2016-2025
Figure 18: Germany, Industrial Construction Projects Pipeline, Value by Stage (US$ Million)
Figure 19: Germany, Manufacturing Production and Turnover Indices, 2015=100, % Change, YoY
Figure 20: Germany, Total Exports, % Change, YoY
Figure 21: Germany, Number of New Passenger Car Registrations, in Thousands, % Change, YoY
Figure 22: Germany, Infrastructure Construction Output by Project Type (Real, US$ Million), 2016-2025
Figure 23: Germany, Infrastructure Construction Projects Pipeline, Value by Stage (US$ Million)
Figure 24: Germany, New Orders Value and Volume Indices for Road Construction, 2015=100
Figure 25: Germany, Energy and Utilities Construction Output by Project Type (Real, US$ Million), 2016-2025
Figure 26: Germany, Energy and Utilities Construction Projects Pipeline, Value by Stage (US$ Million)
Figure 27: Germany, Power Generation from Renewable Energy Sources, in TWh
Figure 28: Germany, Institutional Construction Output by Project Type (Real, US$ Million), 2016-2025
Figure 29: Germany, Institutional Construction Projects Pipeline, Value by Stage (US$ Million)
Figure 30: Germany, Total Number of Institutional Building Permits
Figure 31: Germany, Residential Construction Output by Project Type (Real, US$ Million), 2016-2025
Figure 32: Germany, Residential Construction Projects Pipeline, Value by Stage (US$ Million)
Figure 33: Germany, Total Number of Residential Building Permits Issued
Figure 34: Germany, New Orders Value and Volume Indices for Housing Construction, 2015=100, % Change, YoY
Figure 35: Germany, House Price Index for Residential Real Estate, 2015=100, % Change, YoY
Figure 36: Germany, Headquarters of Key Contractors (% of Total Project Pipeline)
Figure 37: Germany, Headquarters of Key Consultants (% of Total Project Pipeline)
Figure 1: Western Europe, Construction Output (Real % Change), 2020 and 2021
Figure 2: Germany, Construction Projects Pipeline by Sector (US$ Billion)
Figure 3: Germany, COVID-19 Confirmed Cases
Figure 4: Germany, Construction Output Value (Real, US$ Billion, 2017 Prices and Exchange Rate), 2016-2025
Figure 5: Germany, Construction Output Value, by Sector (Real, US$ Million), 2016-2025
Figure 6: Germany, New Orders Value Index for Building Construction and Civil Engineering Works, % Change, YoY
Figure 7: Germany, Total Number of Building Permits Approved, % Change, YoY
Figure 8: Germany, Construction Projects Momentum Index
Figure 9: Germany, Commercial Construction Output by Project Type (Real, US$ Million), 2016-2025
Figure 10: Germany, Commercial Construction Projects Pipeline, Value by Stage (US$ Million)
Figure 11: Germany, Commercial Construction Orders Value Index (2015=100)
Figure 12: Germany, Tourist Arrivals and Overnight Stays, % Change YoY
Figure 13: Germany, Turnover Index of Accommodation and Food Service Activities in Constant Terms, 2015=100, % Change, YoY
Figure 14: Germany, Retail Sales Index in Constant Terms, 2015=100, % Change, YoY
Figure 15: Germany, Wholesale Turnover Index in Constant Terms, 2015=100, % Change, YoY
Figure 16: Germany, Number of Permits Approved for Office and Administrative Buildings, % Change, YoY
Figure 17: Germany, Industrial Construction Output by Project Type (Real, US$ Million), 2016-2025
Figure 18: Germany, Industrial Construction Projects Pipeline, Value by Stage (US$ Million)
Figure 19: Germany, Manufacturing Production and Turnover Indices, 2015=100, % Change, YoY
Figure 20: Germany, Total Exports, % Change, YoY
Figure 21: Germany, Number of New Passenger Car Registrations, in Thousands, % Change, YoY
Figure 22: Germany, Infrastructure Construction Output by Project Type (Real, US$ Million), 2016-2025
Figure 23: Germany, Infrastructure Construction Projects Pipeline, Value by Stage (US$ Million)
Figure 24: Germany, New Orders Value and Volume Indices for Road Construction, 2015=100
Figure 25: Germany, Energy and Utilities Construction Output by Project Type (Real, US$ Million), 2016-2025
Figure 26: Germany, Energy and Utilities Construction Projects Pipeline, Value by Stage (US$ Million)
Figure 27: Germany, Power Generation from Renewable Energy Sources, in TWh
Figure 28: Germany, Institutional Construction Output by Project Type (Real, US$ Million), 2016-2025
Figure 29: Germany, Institutional Construction Projects Pipeline, Value by Stage (US$ Million)
Figure 30: Germany, Total Number of Institutional Building Permits
Figure 31: Germany, Residential Construction Output by Project Type (Real, US$ Million), 2016-2025
Figure 32: Germany, Residential Construction Projects Pipeline, Value by Stage (US$ Million)
Figure 33: Germany, Total Number of Residential Building Permits Issued
Figure 34: Germany, New Orders Value and Volume Indices for Housing Construction, 2015=100, % Change, YoY
Figure 35: Germany, House Price Index for Residential Real Estate, 2015=100, % Change, YoY
Figure 36: Germany, Headquarters of Key Contractors (% of Total Project Pipeline)
Figure 37: Germany, Headquarters of Key Consultants (% of Total Project Pipeline)