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Construction in Germany – Key Trends and Opportunities to 2021

Construction in Germany – Key Trends and Opportunities to 2021

Synopsis

After contracting between 2012 and 2015, the German construction industry recovered in 2016 as a result of an improvement in economic conditions and subsequent investments in construction projects, growing by 2.1% in real terms.

This upturn follows a sluggish recovery from the eurozone crisis and weak business confidence, and continued growth is expected over the coming years, supported by a revival in investor confidence and subsequent public and private sector investments in infrastructure, residential, and energy and utilities construction projects.

The government’s focus on the development of the country’s transport infrastructure through the implementation of the Federal Transport Infrastructure Plan (FTIP) 2030 is expected to drive the industry’s growth, with construction output in real terms forecast to record a compound annual growth rate (CAGR) of 2.37% from 2017 to 2021.

Summary

Timetric’s Construction in Germany – Key Trends and Opportunities to 2021 report provides detailed market analysis, information and insights into the German construction industry, including:

  • The German construction industry's growth prospects by market, project type and construction activity
  • Critical insight into the impact of industry trends and issues, and the risks and opportunities they present to participants in the German construction industry
  • Profiles of the leading operators in the German construction industry
Scope

This report provides a comprehensive analysis of the construction industry in Germany. It provides:
  • Historical (2012-2016) and forecast (2017-2021) valuations of the construction industry in Germany using construction output and value-add methods
  • Segmentation by sector (commercial, industrial, infrastructure, energy and utilities, institutional and residential) and by sub-sector
  • Breakdown of values within each project type, by type of activity (new construction, repair and maintenance, refurbishment and demolition) and by type of cost (materials, equipment and services)
  • Detailed profiles of the leading construction companies in Germany
Reasons To Buy
  • Identify and evaluate market opportunities using Timetric'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 Timetric's critical and actionable insight.
  • Assess business risks, including cost, regulatory and competitive pressures.
  • Evaluate competitive risk and success factors.
Key Highlights
  • Efficiently developed transport infrastructure is vital for the economic growth of Germany. Accordingly, under the flagship program FTIP, the government is investing heavily in transport infrastructure projects. According to Timetric, the infrastructure construction market is expected to post a nominal forecast-period CAGR of 4.75%, as compared to 1.02% registered during the review period.
  • The ongoing urbanization in the country is expected to drive fresh demand for new housing units over the forecast period. According to Timetric, the residential construction market is expected to maintain its leading share in the industry over the forecast period, to account for 47.7% of the industry’s total value in 2021.
  • The government is focusing on transforming the country into a digital economy. Accordingly, in March 2017, the government announced plans to invest EUR100.0 billion (US$111.8 billion) until 2025 to develop internet networks across the country by 2025.
  • In support of the achievement of the 2030 renewable energy target, the Federal Ministry for Economic Affairs and Energy is developing the Merkur offshore wind farm in the German North Sea. With an estimated investment of EUR1.6 billion (US$1.8 billion), the wind farm, when completed in 2019, is expected cater to the energy needs of over 500,000 households.
  • Germany is considered one of the more favorable investment destinations in Europe, owing to its strategic location and availability of skilled workforce. In a bid to accelerate the pace of foreign investments, the government has announced attractive tax subsidies. Owing to the country’s attractive investment scenario, in November 2016, Amazon, one of the world’s largest online retailers, announced plans to construct a logistics center in Winsen. The government’s initiative is expected to provide a boost to the construction industry in the years to come.


  • Executive Summary
  • Industry Outlook
    • Commercial Construction
    • Industrial Construction
    • Infrastructure Construction
    • Energy and Utilities Construction
    • Institutional Construction
    • Residential Construction
  • Key Issues and Developments
  • Market Data Analysis
    • Construction Output and Value Add
      • Construction output by project type
        • Table German Construction Output by Project Type (EUR Million), 2012-2016
        • Table German Construction Output by Project Type (EUR Million), 2016-2021
      • Construction output by cost type
        • Table German Construction Output by Cost Type (EUR Million), 2012-2016
        • Table German Construction Output by Cost Type (EUR Million), 2016-2021
      • Construction output by activity type
        • Table German Construction Output by Activity Type (EUR Million), 2012-2016
        • Table German Construction Output by Activity Type (EUR Million), 2016-2021
      • Construction value add by project type
        • Table German Construction Value Add by Project Type (EUR Million), 2012-2016
        • Table German Construction Value Add by Project Type (EUR Million), 2016-2021
    • Commercial Construction
      • Commercial construction output by project type
        • Table German Commercial Construction Output by Project Type (EUR Million), 2012-2016
        • Table German Commercial Construction Output by Project Type (EUR Million), 2016-2021
      • Commercial construction output by cost type
        • Table German Commercial Construction Output by Cost Type (EUR Million), 2012-2016
        • Table German Commercial Construction Output by Cost Type (EUR Million), 2016-2021
      • Commercial construction output by activity type
        • Table German Commercial Construction Output by Activity Type (EUR Million), 2012-2016
        • Table German Commercial Construction Output by Activity Type (EUR Million), 2016-2021
      • Commercial construction value add by project type
        • Table German Commercial Construction Value Add by Project Type (EUR Million), 2012-2016
        • Table German Commercial Construction Value Add by Project Type (EUR Million), 2016-2021
    • Industrial Construction
      • Industrial construction output by project type
        • Table German Industrial Construction Output by Project Type (EUR Million), 2012-2016
        • Table German Industrial Construction Output by Project Type (EUR Million), 2016-2021
      • Industrial construction output by cost type
        • Table German Industrial Construction Output by Cost Type (EUR Million), 2012-2016
        • Table German Industrial Construction Output by Cost Type (EUR Million), 2016-2021
      • Industrial construction output by activity type
        • Table German Industrial Construction Output by Activity Type (EUR Million), 2012-2016
        • Table German Industrial Construction Output by Activity Type (EUR Million), 2016-2021
      • Industrial construction value add by project type
        • Table German Industrial Construction Value Add by Project Type (EUR Million), 2012-2016
        • Table German Industrial Construction Value Add by Project Type (EUR Million), 2016-2021
    • Infrastructure Construction
      • Infrastructure construction output by project type
        • Table German Infrastructure Construction Output by Project Type (EUR Million), 2012-2016
        • Table German Infrastructure Construction Output by Project Type (EUR Million), 2016-2021
      • Infrastructure construction output by cost type
        • Table German Infrastructure Construction Output by Cost Type (EUR Million), 2012-2016
        • Table German Infrastructure Construction Output by Cost Type (EUR Million), 2016-2021
      • Infrastructure construction output by activity type
        • Table German Infrastructure Construction Output by Activity Type (EUR Million), 2012-2016
        • Table German Infrastructure Construction Output by Activity Type (EUR Million), 2016-2021
      • Infrastructure construction value add by project type
        • Table German Infrastructure Construction Value Add by Project Type (EUR Million),2012-2016
        • Table German Infrastructure Construction Value Add by Project Type (EUR Million), 2016-2021
    • Energy and Utilities Construction
      • Energy and utilities construction output by project type
        • Table German Energy and Utilities Construction Output by Project Type (EUR Million), 2012-2016
        • Table German Energy and Utilities Construction Output by Project Type (EUR Million), 2016-2021
      • Energy and utilities construction output by cost type
        • Table German Energy and Utilities Construction Output by Cost Type (EUR Million), 2012-2016
        • Table German Energy and Utilities Construction Output by Cost Type (EUR Million), 2016-2021
      • Energy and utilities construction output by activity type
        • Table German Energy and Utilities Construction Output by Activity Type (EUR Million), 2012-2016
        • Table German Energy and Utilities Construction Output by Activity Type (EUR Million), 2016-2021
      • Energy and utilities construction value add by project type
        • Table German Energy and Utilities Construction Value Add by Project Type (EUR Million), 2012-2016
        • Table German Energy and Utilities Construction Value Add by Project Type (EUR Million), 2016-2021
    • Institutional Construction
      • Institutional construction output by project type
        • Table German Institutional Construction Output by Project Type (EUR Million), 2012- 2016
        • Table German Institutional Construction Output by Project Type (EUR Million), 2016-2021
      • Institutional construction output by cost type
        • Table German Institutional Construction Output by Cost Type (EUR Million), 2012-2016
        • Table German Institutional Construction Output by Cost Type (EUR Million), 2016-2021
      • Institutional construction output by activity type
        • Table German Institutional Construction Output by Activity Type (EUR Million), 2012-2016
        • Table German Institutional Construction Output by Activity Type (EUR Million), 2016-2021
      • Institutional construction value add by project type
        • Table German Institutional Construction Value Add by Project Type (EUR Million), 2012-2016
        • Table German Institutional Construction Value Add by Project Type (EUR Million), 2016-2021
    • Residential Construction
      • Residential construction output by project type
        • Table German Residential Construction Output by Project Type (EUR Million), 2012-2016
        • Table German Residential Construction Output by Project Type (EUR Million), 2016-2021
      • Residential construction output by cost type
        • Table German Residential Construction Output by Cost Type (EUR Million), 2012-2016
        • Table German Residential Construction Output by Cost Type (EUR Million), 2016-2021
      • Residential construction output by activity type
        • Table German Residential Construction Output by Activity Type (EUR Million), 2012-2016
        • Table German Residential Construction Output by Activity Type (EUR Million), 2016-2021
      • Residential construction value add by project type
        • Table German Residential Construction Value Add by Project Type (EUR Million), 2012-2016
        • Table German Residential Construction Value Add by Project Type (EUR Million), 2016-2021
  • Company Profile: HOCHTIEF Aktiengesellschaft
    • HOCHTIEF Aktiengesellschaft - Company Overview
      • Table HOCHTIEF Aktiengesellschaft, Key Facts
    • HOCHTIEF Aktiengesellschaft - Business Description
    • HOCHTIEF Aktiengesellschaft - Main Services
      • Table HOCHTIEF Aktiengesellschaft, Main Services
    • HOCHTIEF Aktiengesellschaft - History
      • Table HOCHTIEF Aktiengesellschaft, History
    • HOCHTIEF Aktiengesellschaft - Company Information
      • HOCHTIEF Aktiengesellschaft - key competitors
      • HOCHTIEF Aktiengesellschaft - key employees
        • Table HOCHTIEF Aktiengesellschaft, Key Employees
  • Company Profile: Bilfinger SE
    • Bilfinger SE - Company Overview
      • Table Bilfinger SE, Key Facts
    • Bilfinger SE - Business Description
    • Bilfinger SE - Main Services
      • Table Bilfinger SE, Main Services
    • Bilfinger SE - History
      • Table Bilfinger SE, History
    • Bilfinger SE - Company Information
      • Bilfinger SE - key competitors
      • Bilfinger SE - key employees
        • Table Bilfinger SE, Key Employees
  • Company Profile: M+W Group GmbH
    • M+W Group GmbH - Company Overview
      • Table M+W Group GmbH, Key Facts
    • M+W Group GmbH - Business Description
    • M+W Group GmbH - Main Products and Services
      • Table M+W Group GmbH, Main Products and Services
    • M+W Group GmbH - History
      • Table M+W Group GmbH, History
    • M+W Group GmbH - Company Information
      • M+W Group GmbH - key competitors
      • M+W Group GmbH - key employees
        • Table M+W Group GmbH, Key Employees
  • Company Profile: Max Bogl Bauservice GmbH & Co. KG
    • Max Bogl Bauservice GmbH & Co. KG - Company Overview
      • Table Max Bogl Bauservice GmbH & Co. KG, Key Facts
    • Max Bogl Bauservice GmbH & Co. KG - Business Description
    • Max Bogl Bauservice GmbH & Co. KG - Main Products and Services
      • Table Max Bogl Bauservice GmbH & Co. KG, Main Products and Services
    • Max Bogl Bauservice GmbH & Co. KG - History
      • Table Max Bogl Bauservice GmbH & Co. KG, History
    • Max Bogl Bauservice GmbH & Co. KG - Company Information
      • Max Bogl Bauservice GmbH & Co. KG - key competitors
      • Max Bogl Bauservice GmbH & Co. KG - key employees
        • Table Max Bogl Bauservice GmbH & Co. KG, Key Employees
  • Company Profile: Ed. Zublin AG
    • Ed. Zublin AG - Company Overview
      • Table Ed. Zublin AG, Key Facts
    • Ed. Zublin AG - Business Description
    • Ed. Zublin AG - Main Products and Services
      • Table Ed. Zublin AG, Main Products and Services
    • Ed. Zublin AG - History
      • Table Ed. Zublin AG, History
    • Ed. Zublin AG - Company Information
      • Ed. Zublin AG - key competitors
      • Ed. Zublin AG - key employees
        • Table Ed. Zublin AG, Key Employees
  • Appendix
    • What is this Report About?
    • Definitions
      • Table Timetric Construction Market Definitions
    • Methodology
    • Contact Timetric
    • About Timetric
    • Timetric's Services
    • Disclaimer

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