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Construction in Sweden – Key Trends and Opportunities to 2021

Construction in Sweden – Key Trends and Opportunities to 2021

Synopsis

The Swedish construction industry grew by 4.7% in real terms in 2016, following an annual growth of 9.6% in 2015 and 2.8% in 2014. This growth can be attributed to the recovery in global economic conditions and favorable government policies for manufacturing companies. In addition, investments in infrastructure construction, healthcare, manufacturing, educational facilities and housing projects supported the growth during the review period (2012–2016).

The industry’s value is expected to continue to grow over the forecast period (2017–2021), with investments in public infrastructure, energy, commercial and industrial construction projects, and improved consumer and investor confidence. A rise in permits for the construction of residential and non-residential buildings in the country is also expected to support the industry’s growth over the forecast period.

The government also plans to invest SEK12.9 billion (US$1.5 billion) to develop a fossil fuel free transportation system and construct renewable energy power plants by 2020. Additionally, it plans to invest SEK5.9 billion (US$701.9 million) for the maintenance of railway infrastructure and SEK133.6 billion (US$15.6 billion) to develop regional railway network and tramway by the same year.

The industry’s output value in real terms is expected to record a compound annual growth rate (CAGR) of 4.85% over the forecast period – up from 3.22% during the review period.

Summary

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

  • The Swedish 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 Swedish construction industry
  • Profiles of the leading operators in the Swedish construction industry
Scope

This report provides a comprehensive analysis of the construction industry in Sweden. It provides:
  • Historical (2012-2016) and forecast (2017-2021) valuations of the construction industry in Sweden 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 Sweden
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
  • Timetric expects the residential construction market to remain the largest segment over the forecast period, driven by rising residential building permits and the government’s efforts to reduce housing shortage. In addition, urbanization, population growth, affordable housing projects and positive developments in regional economic conditions are expected to support demand for residential properties over the forecast period.
  • The Swedish government plans to invest SEK955.7 billion (US$113.0 billion) to develop Stockholm’s metro and railway infrastructure by 2030. Under this, the government plans to build Bypass link in Stockholm to connect the northern and southern parts of the country by 2025.
  • Timetric expects the energy and utilities construction market to record a forecast-period CAGR of 6.82% in nominal terms, driven by the government aims to make the country completely fossil free by 2040. The government also plans to increase efficiency of power grids across the country with an aim to reduce wastage of electricity during transmission, which in turn expected to increase investment in transmission power grids construction.
  • To support economic development and growth, the government plans to provide a broadband connection to all citizens under the National Broadband Strategy 2025. Under this, it aims to build infrastructure to provide an internet connection speed of 100Mbps to at least 95% of households by 2020.
  • Timetric expects institutional construction market output to record a forecast-period CAGR of 6.89% in nominal terms, driven by government efforts to build educational and healthcare infrastructure in the country with an aim to provide quality medical and education facilities to every citizen. In the 2017 Budget, the government announced a plan to invest SEK2.4 billion (US$265.9 million) in the education sector in 2017, as well as SEK3.5 billion (US$390.5 million) in 2018, SEK3.97 billion (US$445.5 million) in 2019 and SEK3.99 billion (US$450.3 million) in 2020.


  • 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 Swedish Construction Output by Project Type (SEK Million), 2012-2016
        • Table Swedish Construction Output by Project Type (SEK Million), 2016-2021
      • Construction output by cost type
        • Table Swedish Construction Output by Cost Type (SEK Million), 2012-2016
        • Table Swedish Construction Output by Cost Type (SEK Million), 2016-2021
      • Construction output by activity type
        • Table Swedish Construction Output by Activity Type (SEK Million), 2012-2016
        • Table Swedish Construction Output by Activity Type (SEK Million), 2016-2021
      • Construction value add by project type
        • Table Swedish Construction Value Add by Project Type (SEK Million), 2012-2016
        • Table Swedish Construction Value Add by Project Type (SEK Million), 2016-2021
    • Commercial Construction
      • Commercial construction output by project type
        • Table Swedish Commercial Construction Output by Project Type (SEK Million), 2012-2016
        • Table Swedish Commercial Construction Output by Project Type (SEK Million), 2016-2021
      • Commercial construction output by cost type
        • Table Swedish Commercial Construction Output by Cost Type (SEK Million), 2012-2016
        • Table Swedish Commercial Construction Output by Cost Type (SEK Million), 2016-2021
      • Commercial construction output by activity type
        • Table Swedish Commercial Construction Output by Activity Type (SEK Million), 2012-2016
        • Table Swedish Commercial Construction Output by Activity Type (SEK Million), 2016-2021
      • Commercial construction value add by project type
        • Table Swedish Commercial Construction Value Add by Project Type (SEK Million), 2012-2016
        • Table Swedish Commercial Construction Value Add by Project Type (SEK Million), 2016-2021
    • Industrial Construction
      • Industrial construction output by project type
        • Table Swedish Industrial Construction Output by Project Type (SEK Million), 2012-2016
        • Table Swedish Industrial Construction Output by Project Type (SEK Million), 2016-2021
      • Industrial construction output by cost type
        • Table Swedish Industrial Construction Output by Cost Type (SEK Million), 2012-2016
        • Table Swedish Industrial Construction Output by Cost Type (SEK Million), 2016-2021
      • Industrial construction output by activity type
        • Table Swedish Industrial Construction Output by Activity Type (SEK Million), 2012-2016
        • Table Swedish Industrial Construction Output by Activity Type (SEK Million), 2016-2021
      • Industrial construction value add by project type
        • Table Swedish Industrial Construction Value Add by Project Type (SEK Million), 2012-2016
        • Table Swedish Industrial Construction Value Add by Project Type (SEK Million), 2016-2021
    • Infrastructure Construction
      • Infrastructure construction output by project type
        • Table Swedish Infrastructure Construction Output by Project Type (SEK Million), 2012-2016
        • Table Swedish Infrastructure Construction Output by Project Type (SEK Million), 2016-2021
      • Infrastructure construction output by cost type
        • Table Swedish Infrastructure Construction Output by Cost Type (SEK Million), 2012-2016
        • Table Swedish Infrastructure Construction Output by Cost Type (SEK Million), 2016-2021
      • Infrastructure construction output by activity type
        • Table Swedish Infrastructure Construction Output by Activity Type (SEK Million), 2012-2016
        • Table Swedish Infrastructure Construction Output by Activity Type (SEK Million), 2016-2021
      • Infrastructure construction value add by project type
        • Table Swedish Infrastructure Construction Value Add by Project Type (SEK Million), 2012-2016
        • Table Swedish Infrastructure Construction Value Add by Project Type (SEK Million), 2016-2021
    • Energy and Utilities Construction
      • Energy and utilities construction output by project type
        • Table Swedish Energy and Utilities Construction Output by Project Type (SEK Million), 2012-2016
        • Table Swedish Energy and Utilities Construction Output by Project Type (SEK Million), 2016-2021
      • Energy and utilities construction output by cost type
        • Table Swedish Energy and Utilities Construction Output by Cost Type (SEK Million), 2012-2016
        • Table Swedish Energy and Utilities Construction Output by Cost Type (SEK Million), 2016-2021
      • Energy and utilities construction output by activity type
        • Table Swedish Energy and Utilities Construction Output by Activity Type (SEK Million),2012-2016
        • Table Swedish Energy and Utilities Construction Output by Activity Type (SEK Million),2016-2021
      • Energy and utilities construction value add by project type
        • Table Swedish Energy and Utilities Construction Value Add by Project Type (SEK Million),2012-2016
        • Table Swedish Energy and Utilities Construction Value Add by Project Type (SEK Million),2016-2021
    • Institutional Construction
      • Institutional construction output by project type
        • Table Swedish Institutional Construction Output by Project Type (SEK Million), 2012-2016
        • Table Swedish Institutional Construction Output by Project Type (SEK Million), 2016-2021
      • Institutional construction output by cost type
        • Table Swedish Institutional Construction Output by Cost Type (SEK Million), 2012-2016
        • Table Swedish Institutional Construction Output by Cost Type (SEK Million), 2016-2021
      • Institutional construction output by activity type
        • Table Swedish Institutional Construction Output by Activity Type (SEK Million), 2012-2016
        • Table Swedish Institutional Construction Output by Activity Type (SEK Million), 2016-2021
      • Institutional construction value add by project type
        • Table Swedish Institutional Construction Value Add by Project Type (SEK Million), 2012-2016
        • Table Swedish Institutional Construction Value Add by Project Type (SEK Million), 2016-2021
    • Residential Construction
      • Residential construction output by project type
        • Table Swedish Residential Construction Output by Project Type (SEK Million), 2012-2016
        • Table Swedish Residential Construction Output by Project Type (SEK Million), 2016-2021
      • Residential construction output by cost type
        • Table Swedish Residential Construction Output by Cost Type (SEK Million), 2012-2016
        • Table Swedish Residential Construction Output by Cost Type (SEK Million), 2016-2021
      • Residential construction output by activity type
        • Table Swedish Residential Construction Output by Activity Type (SEK Million), 2012-2016
        • Table Swedish Residential Construction Output by Activity Type (SEK Million), 2016-2021
      • Residential construction value add by project type
        • Table Swedish Residential Construction Value Add by Project Type (SEK Million), 2012-2016
        • Table Swedish Residential Construction Value Add by Project Type (SEK Million), 2016-2021
  • Company Profile: NCC AB
    • NCC AB - Company Overview
      • Table NCC AB, Key Facts
    • NCC AB - Business Description
    • NCC AB - Main Products and Services
      • Table NCC AB, Main Products and Services
    • NCC AB - History
      • Table NCC AB, History
    • NCC AB - Company Information
      • NCC AB - key competitors
      • NCC AB - key employees
        • Table NCC AB, Key Employees
  • Company Profile: Peab AB
    • Peab AB - Company Overview
      • Table Peab AB, Key Facts
    • Peab AB - Business Description
    • Peab AB - Main Services
      • Table Peab AB, Main Services
    • Peab AB - History
      • Table Peab AB, History
    • Peab AB - Company Information
      • Peab AB - key competitors
      • Peab AB - key employees
        • Table Peab AB, Key Employees
  • Company Profile: JM AB
    • JM AB - Company Overview
      • Table JM AB, Key Facts
    • JM AB - Business Description
    • JM AB - Main Services
      • Table JM AB, Main Services
    • JM AB - History
      • Table JM AB, History
    • JM AB - Company Information
      • JM AB - key competitors
      • JM AB - key employees
        • Table JM AB, Key Employees
  • Company Profile: SWECO AB
    • SWECO AB - Company Overview
      • Table SWECO AB, Key Facts
    • SWECO AB - Business Description
    • SWECO AB - Main Services
      • Table SWECO AB, Main Services
    • SWECO AB - History
      • Table SWECO AB, History
    • SWECO AB - Company Information
      • SWECO AB - key competitors
      • SWECO AB - key employees
        • Table SWECO AB, Key Employees
  • Company Profile: Reinhold Europe AB
    • Reinhold Europe AB - Company Overview
      • Table Reinhold Europe AB, Key Facts
    • Reinhold Europe AB - Main Services
      • Table Reinhold Europe AB, Main Services
    • Reinhold Europe AB - Company Information
      • Reinhold Europe AB - key competitors
      • Reinhold Europe AB - key employees
        • Table Reinhold Europe AB, 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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