Press release
Construction Output in Germany is Expected to Reach US$581.5 Billion by 2025 | In-Depth Understanding of Construction Market Dynamics | Volume and Value Data | 40+ Market Segments and Sub-Segments
Construction Output in Germany
The construction sector recorded a fall in activity for the first time in more than a decade. This is because several construction companies in the German economy are scaling back their building activities, as a result of the coronavirus pandemic. In 2021, the demand is expected to remain sluggish.
Demand for the residential construction sector is still strong in the German market. The coronavirus crisis had an astonishing effect on the real estate market in Germany. Because the mortgage interest rates are at an all-time low, demand for residential property is stronger than ever before.
In September 2020, the construction of approximately 30,000 dwellings was permitted in the country. This represents an increase of 0.9% as compared to September 2019. Whereas, from January to September 2020, there has been a 4.2% increase in the number of permits during the same period in 2019. All of this represents the growing demand for housing property in the country.
The commercial construction sector is expected to be the most affected in Germany, especially retail, office, and entertainment is projected to record negative growth in 2020. With the coronavirus induced lockdown, and work from home measures to contain the virus spread, commercial construction activities have been severely impacted in Germany. With a massive slump in sales and profits, the demand for building work is expected to decline in 2020.
Moreover, the biggest losses are expected in the commercial construction sector, with as much as a 6-8% decline in real terms in 2020.
In their quest to make the entire network greener, efficient and reliable, the German government is doubling their annual investment in the rail infrastructure. This will support the growth of the infrastructure construction section in Germany. Moreover, the worlds' longest immersed rail and road tunnel between Germany and Denmark also got a green light. The construction of the Fehmarn belt is worth US$7.8 billion. With the construction expected to start in Mid-2022, the forecast for infrastructure construction remains positive.
In Northern Germany, ten new construction projects for logistics and industrial space have been launched. These infrastructure construction projects are expected to support the construction industry going forward.
According to ConsTrack360's Q2 2021 Global Construction Survey, construction industry in Germany is expected to grow by 14.9% to reach US$ 497861.1 million in 2021. Despite near-term challenges in certain construction sectors, medium to long term growth story in Germany remains intact. The construction industry in Germany is expected to grow steadily over the next four quarters. The growth momentum is expected to continue over the forecast period, recording a CAGR of 4.0% during 2021-2025. The construction output in the country is expected to reach US$ 581500.7 million by 2025.
This report from ConsTrack360 provides data and trend analyses on construction industry in Germany, with over 100 KPIs. This is a data-centric report and it provides trend analyses with over 140+ charts and 110+ tables. It details market size & forecast, emerging trends, market opportunities, and investment risks in over 40 segments in residential, commercial, industrial, institutional, and infrastructure construction sectors.
It provides a comprehensive understanding of construction industry sectors in both value and volume (both by activity and units) terms. The report focuses on combining industry dynamics with macro-economic scenario and changing consumer behavior to offer a 360-degree view of the opportunities and risks.
Scope
• Market Data and Insights: This report provides market size and forecast across 40+ construction segments for a period of 10 years from 2016-2025 in Germany. KPIs covered include the following:
• Market size by value
• Market size by volume of construction
• Number of units
• Germany Residential Building Construction Coverage: 10-year market size & forecast in value and volume (area and units) terms by
• Housing type (multi family, single family)
• Key cities (Tier – 1, Tier – 2, Tier – 3 segmentation)
• Price point / income level (luxury, mid-tier, affordable)
• Construction stage (new construction, re-development & maintenance)
• Germany Residential Green Building Construction Coverage: 10-year market size & forecast in value and volume (area and units) terms by
• Green building by Housing type (multi family, single family)
• Green building by Key cities (Tier – 1, Tier – 2, Tier – 3 segmentation)
• Green building by Price point / income level (luxury, mid-tier, affordable)
• Germany Commercial Building Construction Coverage: 10-year market size & forecast in value and volume (area and units) terms by
• Office (further broken down by Grade A, Grade B, and Grade C)
• Retail (further broken down by Grade A, Grade B, and Grade C)
• Hospitality (further broken down by Grade A, Grade B, and Grade C)
• Restaurant (further broken down by Grade A, Grade B, and Grade C)
• Entertainment
• Sports facility
• Construction stage (new construction, re-development & maintenance)
• Germany Commercial Green Building Construction Coverage: 10-year market size & forecast in value and volume (area and units) terms by
• Office green building construction
• Retail green building construction
• Hospitality green building construction
• Restaurant green building construction
• Entertainment green building construction
• Sports facility green building construction
• Other commercial green building construction
• Germany Industrial Green Building Construction Coverage: 10-year market size & forecast in value and volume (area and units)
• Germany Institutional Building Construction Coverage: 10-year market size & forecast in value and volume (area and units) terms by
• Healthcare construction
• Educational construction
• Public sector
• construction stage (new construction, re-development & maintenance)
• Germany Institutional Green Building Construction Coverage: 10-year market size & forecast in value and volume (area and units) terms by
• Healthcare green building construction
• Educational green building construction
• Germany Infrastructure Construction Sectors: 10- year market size & forecast in value terms by
• Marine and inland water infrastructure
• Utility system construction (oil and gas infrastructure, communication infrastructure, power infrastructure, water and sewer infrastructure)
• Transportation infrastructure (highway, street and bridge construction, railway construction, airport construction, and tunnel construction)
• Construction stage (new construction, re-development & maintenance)
• Germany Green Infrastructure Construction: 10- year market size & forecast in value terms
To get detailed insights and FREE sample report please click here @ https://www.constrack360.com/reportstore/view/Germany-Construction-Industry-Databook-Series-4028
Reasons to Purchase
• In-depth Understanding of Construction Market Dynamics: Understand market opportunity, industry dynamics, key trends and drivers across 40+ market segments and sub-segments of building and infrastructure construction industry in Germany.
• Volume and Value Data: Get detailed understanding of the market both from value and volume (both by activity and units) perspective for historical as well as forecast period
• Develop Market Specific Strategies: Identify growth segments and target specific opportunities to formulate your strategy; assess market specific key trends, drivers and risks in construction industry.
• City Level Insights: Get city level trend analyses by tier-1, tier-2, and tier-3 cities.
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ConsTrack360 is a global research and advisory firm providing comprehensive, accurate, and unbiased business intelligence platform on construction industry. Through detailed databases and insights, we offer unmatched detailed and unbiased content globally.
With over 100,000 data points and 300+ reports, we help clients gain actionable insights across 50 countries, which directly impact revenues. For more information, please visit our website www.constrack360.com or email us at info@constrack360.com
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