Key trends and opportunities in the German construction market to 2025 – ResearchAndMarkets.com

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DUBLIN – (COMMERCIAL THREAD)–The “Construction in Germany – Key trends and opportunities up to 2025 (Q3 2021)” report was added to ResearchAndMarkets.com offer.

The German construction industry remained resilient in 2020, despite the COVID-19 epidemic that has weakened other sectors of the economy, growing 3.8% in real terms – compared to growth of 0 , 1% in 2019. However, the industry contracted by 2.1% in the first half of the year. 2021, following a third wave of infections in the country which saw lockdown measures re-imposed in the first quarter of the year.

Despite the contraction in the first half of 2021, the construction industry is expected to recover for the rest of the year and grow by only 0.2% in 2021. Over the remainder of the forecast period, the industry is expected to expand at a steady pace. average annual rate of 1.9% between 2022 and 2025. The industry will be supported by the government’s emphasis on green infrastructure development as part of its climate change strategy. Improved consumer confidence and positive developments in regional economic conditions will also provide impetus. The government has supported the construction sector through its fiscal policy response to the coronavirus (COVID-19) outbreak, announcing an additional 3.1 billion euros ($ 3.5 billion) each year between 2021 and 2024 on public investments in infrastructure, including roads and railways. and the construction of affordable housing.

Construction of the € 7 billion ($ 7.8 billion) Fehmarn Belt Underwater Tunnel between Germany and Denmark will support activity in the transport infrastructure sector medium term. Growth will also be supported by the ten-year investment plan of 86 billion euros ($ 94.7 billion) in the maintenance and modernization of the country’s rail network between 2020 and 2030.

In June 2021, the German cabinet approved the 2022 draft budget, under which the government plans to take on new debt of 100 billion euros ($ 119 billion) to fund more COVID-19 measures. As a result, the total investment on the pandemic during the period 2020-2021 reached 470 billion euros (535.6 billion US dollars). The downside, however, is that the government’s budget for public investment will drop significantly by 12.6%, from € 59.3 billion ($ 67.6 billion) in 2021 to € 51.8 billion. euros ($ 59 billion) in 2022.

This report provides detailed market analysis, insight and insight into the German construction industry including:

  • Growth prospects of the German construction industry by market, type of project and construction activity

  • A critical overview of the impact of industry trends and issues, as well as an analysis of the main risks and opportunities in the German construction industry

  • Analysis of the mega-projects pipeline, focusing on development stages and participants, in addition to lists of major projects in the pipeline.

This report provides a comprehensive analysis of the construction industry in Germany. He offers:

  • Historical (2016-2020) and forecast (2021-2025) assessments of the construction industry in Germany, with details on the main growth drivers.

  • Segmentation by sector (commercial, industrial, infrastructure, energy and utilities, institutional and residential) and by sub-sector

  • Analysis of the mega-projects pipeline, including breakdowns by stage of development across all sectors, and planned spending for existing pipeline projects.

  • Lists of major projects, in addition to details of major contractors and consultants

For more information on this report, visit https://www.researchandmarkets.com/r/8tkbrb

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