Sweden’s construction industry managed to record marginal growth in 2020 - a relatively positive outturn considering the widespread downturn in the industry across Europe amid the disruption caused by the Coronavirus (COVID-19) pandemic. The publisher expects the Swedish construction industry to grow by 1.8% this year, and register an annual average growth of 2.1% between 2022-2025. The outlook for positive growth mainly reflects the ongoing expansion in the residential and infrastructure sectors, offsetting the weakness in the commercial sector. The Swedish construction industry grew by 3.1% in the third quarter of 2021, in year-on-year (Y-o-Y) terms, preceded by Y-o-Y growth of 2.2% in Q2 and a decline of 4.2% in Q1 2021, according to the data released by StatistiskaCentralbyrån (SCB).
In March 2021, the government announced plans to spend SEK3 billion (US$357.9 million) on transport infrastructure. Additionally, under the government’s 10-year plan, it emphasizes urban mobility development, particularly in large cities like Stockholm. With an investment of SEK12 billion (US$1.4 billion), the government identified three main metropolitan regions - the cities of Stockholm, Gothenburg and Malmö - where it will develop the transport network in a more extended and modern way. To achieve this goal, the government will develop light metro, rapid transit buses and traditional metro lines, as well as new pedestrian and cycling paths. The pre-COVID-19 government’s plan to develop the country infrastructure is also expected to support the sector growth over the forecast period. Under the National Plan for infrastructure, the government plans to spend SEK700 billion (US$83.5 billion) on infrastructure development during the period of 2018-2029.
Moreover, the government is set to receive SEK34 billion (US$3.7 billion) fund in total under the EU Recovery and Resilience Facility (RRF), which is part of the NextGenerationEU plan. Through this fund, the Swedish government plans to implement its ‘Swedish recovery plan’, involving projects that cover the entire period of the RRF until 2026.
The publisher’s Construction in Sweden - Key Trends and Opportunities to 2025 (H2 2021) report provides detailed market analysis, information and insights into the Sweden’s construction industry, including:
In March 2021, the government announced plans to spend SEK3 billion (US$357.9 million) on transport infrastructure. Additionally, under the government’s 10-year plan, it emphasizes urban mobility development, particularly in large cities like Stockholm. With an investment of SEK12 billion (US$1.4 billion), the government identified three main metropolitan regions - the cities of Stockholm, Gothenburg and Malmö - where it will develop the transport network in a more extended and modern way. To achieve this goal, the government will develop light metro, rapid transit buses and traditional metro lines, as well as new pedestrian and cycling paths. The pre-COVID-19 government’s plan to develop the country infrastructure is also expected to support the sector growth over the forecast period. Under the National Plan for infrastructure, the government plans to spend SEK700 billion (US$83.5 billion) on infrastructure development during the period of 2018-2029.
Moreover, the government is set to receive SEK34 billion (US$3.7 billion) fund in total under the EU Recovery and Resilience Facility (RRF), which is part of the NextGenerationEU plan. Through this fund, the Swedish government plans to implement its ‘Swedish recovery plan’, involving projects that cover the entire period of the RRF until 2026.
The publisher’s Construction in Sweden - Key Trends and Opportunities to 2025 (H2 2021) report provides detailed market analysis, information and insights into the Sweden’s construction industry, including:
- Sweden’s 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 Sweden’s 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 Sweden. It provides:
- Historical (2016-2020) and forecast (2021-2025) valuations of the construction industry in Sweden, 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 the publisher'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 the publisher's critical and actionable insight.
- Assess business risks, including cost, regulatory and competitive pressures.
- Evaluate competitive risk and success factors.
Table of Contents
1 Executive Summary2 Construction Industry: At-a-Glance6 Construction Market Data
3 Context
4 Construction Outlook
5 Key Industry Participants
7 Appendix
List of Tables
List of Figures
