Growth of Construction in Sweden Industry : Analysis and Status 2016

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 Synopsis
Following three years of contraction, the Swedish construction industry recovered in 2014, and registered a growth rate of 12.1% in real terms. The recovery continued through 2015, and is expected to remain in place over the forecast period (20162020), with investments in infrastructure construction, healthcare, manufacturing, educational facilities and housing projects continuing to drive growth. Economic recovery will also be a driver, and should increase the demand for residential and commercial buildings.

The governments focus to develop the countrys infrastructure under the National Reform Program 2016 is also expected to drive forecast period growth. Under this program, the government introduced the Active Industrial Policy, the Long-Term Energy Policy, the Investment to Build Sweden Plan, and a policy of knowledge-based education for all.

Under the Active Industrial Policy, the government aims to reduce unemployment, strengthen Swedish competitiveness in the manufacturing sector, and increase exports by attracting foreign manufacturing companies. Under the Long-Term Energy policy, the government will focus on the development of renewable energy infrastructure, with the aim of becoming 100% fossil fuel free by 2040. The government is also planning to invest SEK8.3 billion (US$987.4 million) into a knowledge-based education plan to develop educational infrastructure and facilities.

In real terms, the industrys output value is forecast to rise at a compound annual growth rate (CAGR) of 3.67% over the forecast period; up from -0.05% during the review period (20112015).

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Summary
Timetrics Construction in Sweden Key Trends and Opportunities to 2020 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

Analysis of equipment, material and service costs for each project type in Sweden

Critical insight into the impact of industry trends and issues, and the risks and opportunities they present to participants in the Swedish construction industry

Profiles of the leading operators in the Swedish construction industry

Data highlights of the largest construction projects in Sweden

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