Switzerland Construction Market Size, Trends, and Forecasts by Sector - Commercial, Industrial, Infrastructure, Energy and Utilities, Institutional and Residential Market Analysis, 2023-2027
Description
Switzerland Construction Market Size, Trends, and Forecasts by Sector - Commercial, Industrial, Infrastructure, Energy and Utilities, Institutional and Residential Market Analysis, 2023-2027
Summary
GlobalData expects Switzerland’s construction industry to shrink by 2.7% in real terms in 2023, owing to deteriorating macroeconomic conditions, weakening housing demand and a fall in government revenue, which are all expected to weigh on the industry’s performance. In October 2023, the Swiss National Bank (SNB) announced a loss of CHF12 billion ($12.7 billion) on its gold, foreign currency investments and Swiss franc positions for the third quarter of 2023, compared to loss of CHF13.2 billion ($14 billion) in Q2 2023 and an overall loss of CHF132 billion ($139.7 billion) in 2022, which is the biggest loss in the bank’s 116-year history. Previously, in 2022, the SNB lost CHF131 billion ($138.7 billion) on foreign currency positions and CNF1 billion ($1.1 billion) on Swiss franc positions, while the SNB lost CHF9.2 billion ($9.7 billion) from July to September 2023, and this was expected to weigh on the construction industry in 2024.
However, the Swiss construction is expected to pick up from 2024 by 2.4%, and is forecast to grow at an annual average growth rate of 1.6% between 2025-27, supported by government investments in transportation infrastructure. As per the 2024 Budget, the government is estimated to spend CHF29.3 billion ($31 billion) for social welfare including 32.7% of the budget, CHF11.9 billion ($12.6 billion) for the development of transportation infrastructure, CHF12.4 billion ($13.1 billion) will be allocated to leisure, health, protection of the environment, and CHF8.4 billion ($8.9 billion) into education and research. Furthermore, the government aims to reduce greenhouse gas emissions by 90%, compared to 1990 levels, by 2050, under the “Long-term climate strategy to 2050” plan. To support this target, it is focusing on increasing the capacity of renewable energy across the country. The country aims to nearly triple output from non-hydro renewable sources such as wind and solar by 2035. The government also aims to achieve an additional renewable electricity generation capacity of 17TWh by 2035.
The report provides detailed market analysis, information, and insights into Switzerland’s construction industry, including -
- Switzerland’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 Switzerland’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.
This report provides a comprehensive analysis of the construction industry in Switzerland. It provides -
- Historical (2018–2022) and forecast (2023–2027) valuations of the construction industry in Switzerland, 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
- Identify and evaluate market opportunities using GlobalData'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 GlobalData's critical and actionable insight.
- Assess business risks, including cost, regulatory and competitive pressures.
- Evaluate competitive risk and success factors.
Table of Contents
43 Pages
- 1 Executive Summary
- 2 Construction Industry: At-a-Glance
- 3 Context
- 3.1 Economic Performance
- 3.2 Political Environment and Policy
- 3.3 Demographics
- 3.4 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
- 8 About GlobalData
- 9 Contact Us
- List of Tables
- Table 1: Construction Industry Key Data
- Table 2: Switzerland, Key Economic Indicators
- Table 3: Switzerland, Commercial Construction Output by Project Type (Real % Change), 2018–27
- Table 4: Switzerland, Top Commercial Construction Projects by Value
- Table 5: Switzerland, Industrial Construction Output by Project Type (Real % Change), 2018–27
- Table 6: Switzerland, Top Industrial Construction Projects by Value
- Table 7: Switzerland, Infrastructure Construction Output by Project Type (Real % Change), 2018–27
- Table 8: Switzerland, Top Infrastructure Construction Projects by Value
- Table 9: Switzerland, Energy and Utilities Construction Output by Project Type (Real % Change), 2018–27
- Table 10: Switzerland, Top Energy and Utilities Construction Projects by Value
- Table 11: Switzerland, Institutional Construction Output by Project Type (Real % Change), 2018–27
- Table 12: Switzerland, Top Institutional Construction Projects by Value
- Table 13: Switzerland, Residential Construction Output by Project Type (Real % Change), 2018–27
- Table 14: Switzerland, Top Residential Construction Projects by Value
- Table 15: Switzerland, Key Contractors
- Table 16: Switzerland, Key Consultants
- Table 17: Switzerland, Construction Output Value (Real, $ Million)
- Table 18: Switzerland, Construction Output Value (Nominal, CHF Million)
- Table 19: GlobalData Construction Market Definitions
- Table 20: Risk Dimensions
- Table 21: Ratings, Scores and Definitions
- List of Figures
- Figure 1: Western Europe, Construction Output (Real % Change), 2021–27
- Figure 2: Switzerland, Construction Output by Sector (Real % Change), 2021–23 and 2024–27
- Figure 3: Switzerland, Risk Summary
- Figure 4: Switzerland, Risk Regional C
Pricing
Currency Rates
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