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Denmark Construction Market Size, Trends and Forecasts by Sector - Commercial, Industrial, Infrastructure, Energy and Utilities, Institutional and Residential Market Analysis, 2022-2026

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    Report

  • 55 Pages
  • May 2022
  • Region: Denmark
  • GlobalData
  • ID: 5625044
1h Free Analyst Time
1h Free Analyst Time

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The construction industry in Denmark registered an annual growth of 5.2% in real terms in 2021, following an expansion of 4.1% in 2020. The industry’s growth in 2021 is attributed to a rebound in consumer and investor confidence amid a fall in Coronavirus (COVID-19) cases and progress in the country’s vaccination drive, coupled with the government’s focus on infrastructure investments. According to Statistics Denmark, the construction production index (in nominal terms) rose by 6.7% in 2021, supported by a growth in both civil engineering (6.8%) and building construction (6.7%) activities.

The industry is expected to maintain its growth momentum and expand by 2.1% this year, supported by an anticipated pick-up in economic activities, given that the country had relaxed all of its COVID-19 restrictions in early February 2022. The industry’s growth in 2022 will also be supported by investments on transport, renewable energy, and housing infrastructure projects. In December 2021, the government unveiled the 2022 Budget, with a focus on economic recovery, as well as the development in education, health, and green projects.

The publisher expects the industry to register an annual average growth of 2.5% from 2023 to 2026, supported by investments as part of the DKK160 billion ($25.7 billion) Infrastructure Plan 2035, which was approved last year. The plan aims to reduce traffic congestion, strengthen public transport, and facilitate green transition. Forecast-period growth in the Danish construction industry will also be supported by the government’s plan to produce 55% of its total energy from renewable energy sources by 2030, To achieve this target, it announced a target in mid-April 2022 to quadruple its energy production from solar and wind sources by 2030.

The report provides detailed market analysis, information, and insights into Denmark’s construction industry, including:
  • Denmark’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 Denmark’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 Denmark. It provides:
  • Historical (2017-2021) and forecast (2022-2026) valuations of the construction industry in Denmark, 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-Glance
3 Context
3.1 Economic Performance
3.2 Political Environment and Policy
3.3 Demographics
3.4 COVID-19 Status
3.5 Risk Profile
4 Construction Outlook
4.1 All Construction
  • Outlook
  • Latest news and developments
  • Construction Projects Momentum Index
4.2 Commercial Construction
  • Outlook
  • Project analytics
  • Latest news and developments
4.3 Industrial Construction
  • Outlook
  • Project analytics
  • Latest news and developments
4.4 Infrastructure Construction
  • Outlook
  • Project analytics
  • Latest news and developments
4.5 Energy and Utilities Construction
  • Outlook
  • Project analytics
  • Latest news and developments
4.6 Institutional Construction
  • Outlook
  • Project analytics
  • Latest news and developments
4.7 Residential Construction
  • Outlook
  • Project analytics
  • Latest news and developments

5 Key Industry Participants
5.1 Contractors
5.2 Consultants
6 Construction Market Data
7 Appendix
7.1 What is this Report About?
7.2 Definitions
7.3 CRI Methodology
7.4 Publisher Construction
  • Contact the Publisher

List of Tables
Table 1: Construction Industry Key Data
Table 2: Denmark, Key Economic Indicators
Table 3: Denmark, Commercial Construction Output by Project Type (Real % Change), 2017-26
Table 4: Denmark, Top Commercial Construction Projects by Value
Table 5: Denmark, Industrial Construction Output by Project Type (Real % Change), 2017-26
Table 6: Denmark, Top Industrial Construction Projects by Value
Table 7: Denmark, Infrastructure Construction Output by Project Type (Real % Change), 2017-26
Table 8: Denmark, Top Infrastructure Construction Projects by Value
Table 9: Denmark, Energy and Utilities Construction Output by Project Type (Real % Change), 2017-26
Table 10: Denmark, Top Energy and Utilities Construction Projects by Value
Table 11: Denmark, Institutional Construction Output by Project Type (Real % Change), 2017-26
Table 12: Denmark, Top Institutional Construction Projects by Value
Table 13: Denmark, Residential Construction Output by Project Type (Real % Change), 2017-26
Table 14: Denmark, Top Residential Construction Projects by Value
Table 15: Denmark, Key Contractors
Table 16: Denmark, Key Consultants
Table 17: Denmark, Construction Output Value (Real, $ Million)
Table 18: Denmark, Construction Output Value (Nominal, DKK Million)
Table 19: Publisher Construction Market Definitions
Table 20: Risk Dimensions
Table 21: Ratings, Scores and Definitions
List of Figures
Figure 1: Western Europe, Construction Output (Real % Change), 2020-26
Figure 2: Denmark, Construction Output by Sector (Real % Change), 2020-22 and 2023-26
Figure 3: Denmark, COVID-19 Confirmed Cases
Figure 4: Denmark, Risk Summary
Figure 5: Denmark, Risk Regional Comparison
Figure 6: Denmark, Construction Output Value (Real, $ Billion, 2017 Prices and Exchange Rate), 2017-26
Figure 7: Denmark, Construction Output Value, by Sector (Real, $ Million), 2017-26
Figure 8: Denmark, Construction Value Add (DKK Billion, 2010 Chained Prices)
Figure 9: Denmark, Construction Production Index (2015=100, % Change YoY)
Figure 10: Denmark, Total Outstanding Domestic Mortgage Loans for the Construction Sector (in DKK Billion)
Figure 11: Denmark, Gross capital formation (DKK Billion, 2010 Chained Prices)
Figure 12: Denmark, Total Number of People Employed in the Construction Industry, In Thousands
Figure 13: Denmark, Construction Projects Momentum Index
Figure 14: Western Europe, Construction Projects Momentum Index
Figure 15: Denmark, Commercial Construction Output by Project Type (Real, $ Million), 2017-26
Figure 16: Denmark, Commercial Construction Projects Pipeline, Value by Stage ($ Million)
Figure 17: Denmark, Floor Area of Permits Issued for Hotel, Restaurant, Hairdresser and Other Services, in m2
Figure 18: Denmark, Total Number of Overnight Stay (in Thousands)
Figure 19: Denmark, Retail Trade Value Index (2015=100, % Change YoY)
Figure 20: Denmark, Industrial Construction Output by Project Type (Real, $ Million), 2017-26
Figure 21: Denmark, Industrial Construction Projects Pipeline, Value by Stage ($ Million)
Figure 22: Denmark, Manufacturing Value Add (DKK Million, 2010 Constant Prices)
Figure 23: Denmark, Industrial and manufacturing production index (2015=100)
Figure 24: Denmark, Total exports (DKK Million)
Figure 25: Denmark, Total floor area of factory/workshops completed (in thousands)
Figure 26: Denmark, Total floor area of factory/workshops permits (in thousands)
Figure 27: Denmark, Infrastructure Construction Output by Project Type (Real, $ Million), 2017-26
Figure 28: Denmark, Infrastructure Construction Projects Pipeline, Value by Stage ($ Million)
Figure 29: Denmark, Construction Cost Index for Road Projects, 2015=100
Figure 30: Denmark, Energy and Utilities Construction Output by Project Type (Real, $ Million), 2017-26
Figure 31: Denmark, Energy and Utilities Construction Projects Pipeline, Value by Stage ($ Million)
Figure 32: Denmark, Utility services Value Add (DKK Million, 2010 Constant Prices)
Figure 33: Denmark, Institutional Construction Output by Project Type (Real, $ Million), 2017-26
Figure 34: Denmark, Institutional Construction Projects Pipeline, Value by Stage ($ Million)
Figure 35: Denmark, Total Floor Area of Institutional Building Permits (in m2)
Figure 36: Denmark, Public Administration, Health and Education Value Add (DKK Billion, 2010 Chained Prices)
Figure 37: Denmark, Residential Construction Output by Project Type (Real, $ Million), 2017-26
Figure 38: Denmark, Residential Construction Projects Pipeline, Value by Stage ($ Million)
Figure 39: Denmark, Total Floor Area of Residential Building Permits (in Thousands m2)
Figure 40: Denmark, Total Floor Area of Residential Buildings Completed (in Thousands m2)
Figure 41: Denmark, Sales of One-Family Houses and Owner-Occupied Flats, % Change YoY
Figure 42: Denmark, Construction cost index for residential buildings, 2015=100, % Change YoY
Figure 43: Denmark, House Price Index (2015=100)
Figure 44: Denmark, Dwellings Value Add (DKK Million, 2010 Constant Prices)
Figure 45: Denmark, Headquarters of Key Contractors (% of Total Project Pipeline)
Figure 46: Denmark, Headquarters of Key Consultants (% of Total Project Pipeline)