Construction Market in Poland 2015-2019
About Construction Market in Poland
The construction market in Poland is expanding rapidly a result of increased investments in various infrastructures such as transport and commercial properties. The construction outlook of Poland looks promising ahead of EU structural funds 2014-2020. Massive investments are being planned by the government particularly in the transport and energy sector.
Technavio's analysts forecast the construction market in Poland to grow at a CAGR of 4.52% over the period 2014-2019.
Covered in this Report
This report covers the present scenario and growth prospects of the construction market in Poland for 2014-2019. To calculate the market size, the report considers the GDP of Poland and construction investments in the country. It provides a detailed segmentation of the construction market in Poland by sector. The report forecasts the investments in the residential and non-residential and civil engineering construction sectors in the country for 2015-2019.
Technavio's report, Construction Market in Poland 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Technavio Announces the Publication of its Research Report – Construction Market in Poland 2015-2019
Technavio recognizes the following companies as the key players in the Construction Market in Poland: Budimex Group, Skanska, STRABAG and Trakcja Group
Other Prominent Vendors in the market are: Mostostal Warszawa, Mota-Engil Central Europe and PBG Group
Commenting on the report, an analyst from Technavio’s team said: “The government of Poland is encouraging construction contractors for the development of energy-efficient buildings. Energy-efficient buildings are gaining prominence not only in Poland but also in other European countries. In 2014, the total energy consumed by the buildings was 41%. The EU government is planning to reduce energy consumption by 20% by the end 2020. Energy-efficient buildings are eco-friendly buildings constructed using green building materials. These buildings reduce energy consumption by using renewable energy. Therefore, over the next few years, the demand for energy-efficient buildings is expected to increase in Poland.”
According to the report, the real estate market in Poland is expanding significantly, leading to the growth of building construction. The increase in the urban population, followed by a strong macroeconomic environment, is driving investment by both foreign and domestic investors in the real estate market. The revival of the economy of Poland is attracting companies to open new offices in the country. According to the Jones Lang LaSalle real estate report, as of January 2015, over 600,000 square meters of office space is under construction in Poland.
Further, the report states that emissions during the construction and operation of these power plants is a major challenge faced by the market.
Budimex Group, Skanska, STRABAG, Trakcja Group, Mostostal Warszawa, Mota-Engil Central Europe, PBG Group