Construction Market in Spain 2024-2028

The construction market in Spain is forecasted to grow by USD 31.03 bn during 2023-2028, accelerating at a CAGR of 5.15% during the forecast period. The report on the construction market in Spain provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising construction of smart city projects, growing demand for modular houses, and increasing focus on building earthquake-resilient buildings.

Market Scope
Base Year	2023
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	4.73%
CAGR	5.15%
Incremental Value	$31.03bn

Technavio's construction market in Spain is segmented as below:

By Application

Commercial
Residential

By End-user

Large contractor
Small contractor

By Type

Rehabilitation
maintenance
New projects

This study identifies the increase in government public infrastructure spending as one of the prime reasons driving the construction market in Spain growth during the next few years. Also, adoption of advanced technologies and materials and development of energy-efficient buildings will lead to sizable demand in the market.

The report on the construction market in Spain covers the following areas:

Construction market in Spain sizing
Construction market in Spain forecast
Construction market in Spain industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading construction market in Spain vendors that include Acciona SA, ACS Actividades de Construccion Y Servicios SA, ADIF, AECOM, Elecnor SA, FCC SA, Ferrovial SA, Fluor Corp., Isolux Corsan, Obrascon Huarte Lain SA, Rover Grupo, Sacyr SA, Site and Field Global Solutions SLU, Skanska AB, Tecnicas Reunidas SA, Tsk Electronica Y Electricidad SA, Vinci, and Grupo Carso SAB de CV. Also, the construction market in Spain analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Product Code: IRTNTR73178

1 Executive Summary

1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Country Market Characteristics
Exhibit 04: Executive Summary - Chart on Market Segmentation by Application
Exhibit 05: Executive Summary - Chart on Market Segmentation by End-user
Exhibit 06: Executive Summary - Chart on Market Segmentation by Type
Exhibit 07: Executive Summary - Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
Exhibit 08: Parent market
Exhibit 09: Market Characteristics

3 Market Sizing

3.1 Market definition
Exhibit 10: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 11: Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Exhibit 12: Chart on Spain - Market size and forecast 2023-2028 ($ billion)
Exhibit 13: Data Table on Spain - Market size and forecast 2023-2028 ($ billion)
Exhibit 14: Chart on Spain: Year-over-year growth 2023-2028 (%)
Exhibit 15: Data Table on Spain: Year-over-year growth 2023-2028 (%)

4 Historic Market Size

4.1 Construction market in Spain 2018 - 2022
Exhibit 16: Historic Market Size - Data Table on construction market in Spain 2018 - 2022 ($ billion)
4.2 Application Segment Analysis 2018 - 2022
Exhibit 17: Historic Market Size - Application Segment 2018 - 2022 ($ billion)
4.3 End-user Segment Analysis 2018 - 2022
Exhibit 18: Historic Market Size - End-user Segment 2018 - 2022 ($ billion)
4.4 Type Segment Analysis 2018 - 2022
Exhibit 19: Historic Market Size - Type Segment 2018 - 2022 ($ billion)

5 Five Forces Analysis

5.1 Five forces summary
Exhibit 20: Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Exhibit 21: Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Exhibit 22: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Exhibit 23: Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Exhibit 24: Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Exhibit 25: Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Exhibit 26: Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by Application

6.1 Market segments
Exhibit 27: Chart on Application - Market share 2023-2028 (%)
Exhibit 28: Data Table on Application - Market share 2023-2028 (%)
6.2 Comparison by Application
Exhibit 29: Chart on Comparison by Application
Exhibit 30: Data Table on Comparison by Application
6.3 Commercial - Market size and forecast 2023-2028
Exhibit 31: Chart on Commercial - Market size and forecast 2023-2028 ($ billion)
Exhibit 32: Data Table on Commercial - Market size and forecast 2023-2028 ($ billion)
Exhibit 33: Chart on Commercial - Year-over-year growth 2023-2028 (%)
Exhibit 34: Data Table on Commercial - Year-over-year growth 2023-2028 (%)
6.4 Residential - Market size and forecast 2023-2028
Exhibit 35: Chart on Residential - Market size and forecast 2023-2028 ($ billion)
Exhibit 36: Data Table on Residential - Market size and forecast 2023-2028 ($ billion)
Exhibit 37: Chart on Residential - Year-over-year growth 2023-2028 (%)
Exhibit 38: Data Table on Residential - Year-over-year growth 2023-2028 (%)
6.5 Market opportunity by Application
Exhibit 39: Market opportunity by Application ($ billion)
Exhibit 40: Data Table on Market opportunity by Application ($ billion)

7 Market Segmentation by End-user

7.1 Market segments
Exhibit 41: Chart on End-user - Market share 2023-2028 (%)
Exhibit 42: Data Table on End-user - Market share 2023-2028 (%)
7.2 Comparison by End-user
Exhibit 43: Chart on Comparison by End-user
Exhibit 44: Data Table on Comparison by End-user
7.3 Large contractor - Market size and forecast 2023-2028
Exhibit 45: Chart on Large contractor - Market size and forecast 2023-2028 ($ billion)
Exhibit 46: Data Table on Large contractor - Market size and forecast 2023-2028 ($ billion)
Exhibit 47: Chart on Large contractor - Year-over-year growth 2023-2028 (%)
Exhibit 48: Data Table on Large contractor - Year-over-year growth 2023-2028 (%)
7.4 Small contractor - Market size and forecast 2023-2028
Exhibit 49: Chart on Small contractor - Market size and forecast 2023-2028 ($ billion)
Exhibit 50: Data Table on Small contractor - Market size and forecast 2023-2028 ($ billion)
Exhibit 51: Chart on Small contractor - Year-over-year growth 2023-2028 (%)
Exhibit 52: Data Table on Small contractor - Year-over-year growth 2023-2028 (%)
7.5 Market opportunity by End-user
Exhibit 53: Market opportunity by End-user ($ billion)
Exhibit 54: Data Table on Market opportunity by End-user ($ billion)

8 Market Segmentation by Type

8.1 Market segments
Exhibit 55: Chart on Type - Market share 2023-2028 (%)
Exhibit 56: Data Table on Type - Market share 2023-2028 (%)
8.2 Comparison by Type
Exhibit 57: Chart on Comparison by Type
Exhibit 58: Data Table on Comparison by Type
8.3 Rehabilitation and maintenance - Market size and forecast 2023-2028
Exhibit 59: Chart on Rehabilitation and maintenance - Market size and forecast 2023-2028 ($ billion)
Exhibit 60: Data Table on Rehabilitation and maintenance - Market size and forecast 2023-2028 ($ billion)
Exhibit 61: Chart on Rehabilitation and maintenance - Year-over-year growth 2023-2028 (%)
Exhibit 62: Data Table on Rehabilitation and maintenance - Year-over-year growth 2023-2028 (%)
8.4 New projects - Market size and forecast 2023-2028
Exhibit 63: Chart on New projects - Market size and forecast 2023-2028 ($ billion)
Exhibit 64: Data Table on New projects - Market size and forecast 2023-2028 ($ billion)
Exhibit 65: Chart on New projects - Year-over-year growth 2023-2028 (%)
Exhibit 66: Data Table on New projects - Year-over-year growth 2023-2028 (%)
8.5 Market opportunity by Type
Exhibit 67: Market opportunity by Type ($ billion)
Exhibit 68: Data Table on Market opportunity by Type ($ billion)

9 Customer Landscape

9.1 Customer landscape overview
Exhibit 69: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 70: Impact of drivers and challenges in 2023 and 2028
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
Exhibit 71: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 72: Overview on factors of disruption
11.4 Industry risks
Exhibit 73: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
Exhibit 74: Vendors covered
12.2 Market positioning of vendors
Exhibit 75: Matrix on vendor position and classification
12.3 Acciona SA
Exhibit 76: Acciona SA - Overview
Exhibit 77: Acciona SA - Business segments
Exhibit 78: Acciona SA - Key news
Exhibit 79: Acciona SA - Key offerings
Exhibit 80: Acciona SA - Segment focus
12.4 ACS Actividades de Construccion Y Servicios SA
Exhibit 81: ACS Actividades de Construccion Y Servicios SA - Overview
Exhibit 82: ACS Actividades de Construccion Y Servicios SA - Business segments
Exhibit 83: ACS Actividades de Construccion Y Servicios SA - Key offerings
Exhibit 84: ACS Actividades de Construccion Y Servicios SA - Segment focus
12.5 ADIF
Exhibit 85: ADIF - Overview
Exhibit 86: ADIF - Product / Service
Exhibit 87: ADIF - Key offerings
12.6 AECOM
Exhibit 88: AECOM - Overview
Exhibit 89: AECOM - Business segments
Exhibit 90: AECOM - Key news
Exhibit 91: AECOM - Key offerings
Exhibit 92: AECOM - Segment focus
12.7 Elecnor SA
Exhibit 93: Elecnor SA - Overview
Exhibit 94: Elecnor SA - Product / Service
Exhibit 95: Elecnor SA - Key offerings
12.8 FCC SA
Exhibit 96: FCC SA - Overview
Exhibit 97: FCC SA - Business segments
Exhibit 98: FCC SA - Key news
Exhibit 99: FCC SA - Key offerings
Exhibit 100: FCC SA - Segment focus
12.9 Ferrovial SA
Exhibit 101: Ferrovial SA - Overview
Exhibit 102: Ferrovial SA - Business segments
Exhibit 103: Ferrovial SA - Key offerings
Exhibit 104: Ferrovial SA - Segment focus
12.10 Fluor Corp.
Exhibit 105: Fluor Corp. - Overview
Exhibit 106: Fluor Corp. - Business segments
Exhibit 107: Fluor Corp. - Key offerings
Exhibit 108: Fluor Corp. - Segment focus
12.11 Isolux Corsan
Exhibit 109: Isolux Corsan - Overview
Exhibit 110: Isolux Corsan - Product / Service
Exhibit 111: Isolux Corsan - Key offerings
12.12 Obrascon Huarte Lain SA
Exhibit 112: Obrascon Huarte Lain SA - Overview
Exhibit 113: Obrascon Huarte Lain SA - Product / Service
Exhibit 114: Obrascon Huarte Lain SA - Key offerings
12.13 Sacyr SA
Exhibit 115: Sacyr SA - Overview
Exhibit 116: Sacyr SA - Product / Service
Exhibit 117: Sacyr SA - Key offerings
12.14 Site and Field Global Solutions SLU
Exhibit 118: Site and Field Global Solutions SLU - Overview
Exhibit 119: Site and Field Global Solutions SLU - Product / Service
Exhibit 120: Site and Field Global Solutions SLU - Key offerings
12.15 Tecnicas Reunidas SA
Exhibit 121: Tecnicas Reunidas SA - Overview
Exhibit 122: Tecnicas Reunidas SA - Key offerings
12.16 Tsk Electronica Y Electricidad SA
Exhibit 123: Tsk Electronica Y Electricidad SA - Overview
Exhibit 124: Tsk Electronica Y Electricidad SA - Product / Service
Exhibit 125: Tsk Electronica Y Electricidad SA - Key offerings
12.17 Vinci
Exhibit 126: Vinci - Overview
Exhibit 127: Vinci - Business segments
Exhibit 128: Vinci - Key offerings
Exhibit 129: Vinci - Segment focus

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 130: Inclusions checklist
Exhibit 131: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 132: Currency conversion rates for US$
13.4 Research methodology
Exhibit 133: Research methodology
Exhibit 134: Validation techniques employed for market sizing
Exhibit 135: Information sources
13.5 List of abbreviations
Exhibit 136: List of abbreviations