Construction in Austria - Key Trends and Opportunities to 2018

Published: Sep, 2014 | Pages: 74 | Publisher: Timetric
Industry: Construction | Report Format: Electronic (PDF)


Synopsis
This report provides detailed market analysis, information and insights into the Austrian construction industry, including:
The Austrian construction industry's growth prospects by market, project type, and type of construction activity
Analysis of equipment, material and service costs across each project type within Austria
Critical insight into the impact of industry trends and issues, and the risks and opportunities they present to participants in the Austrian construction industry
Profiles of the leading operators in the Austrian construction industry.
Data highlights of the largest construction projects in Austria 

Summary
The Austrian construction industry recorded a CAGR of 1.41% during the review period. Growth in the construction industry remained subdued during the review period as a result of the economic crisis. Over the forecast period, the outlook for construction is favorable due to increased investment in residential construction and the government's focus on country's infrastructure construction. Improving exports and global economic conditions and increased foreign direct investment (FDI) in the country will also help the industry to grow over the forecast period. According to national investment promotion company ABA - Invest in Austria, the total investment volume increased by 15.9% from EUR154.3 million (US$204.6 million) in the first half of 2013 to EUR180.0 million (US$242.8 million) in the first half of 2014. Consequently, the construction industry's output is expected to record a forecast-period CAGR of 3.17%. 
Scope
This report provides a comprehensive analysis of the construction industry in Austria. It provides:
Historical (2009-2013) and forecast (2014-2018) valuations of the construction industry in Austria using construction output and value-add methods
Segmentation by sector (commercial, industrial, infrastructure, institutional and residential) and by project type
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)
Analysis of key construction industry issues, including regulation, cost management, funding and pricing
Detailed profiles of the leading construction companies in Austria 
Reason 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 business strategies using Timetric's critical and actionable insight
Assess business risks, including cost, regulatory and competitive pressures
Evaluate competitive risk and success factors 
Key Highlights
 Following the global economic crisis, Austria's construction industry recorded slow growth during the review period. It contributed marginally to the country's economic growth, with an average of 0.6% increase in the national construction output index in 2013. According to Statistics Austria, the average turnover index of the construction industry increased from 74.8 in the first quarter of 2013 to 81.0 in the first quarter of 2014, whereas the average production index increased from 70.8 to 75.6 during the same period. Over the forecast period, growth in the industry will remain positive, supported by improvements in global economic conditions, low interest rates, improving investor confidence and increased FDI in the country. 
In nominal terms, the total construction value add in Austria was EUR19.5 billion (US$25.8 billion), in 2013, after registering a nominal review-period CAGR of 0.77%. Due to an increase in new orders in the construction industry, the value add is anticipated to reach EUR22.5 billion (US$31.7 billion) in 2018 and record a nominal forecast-period CAGR of 2.89%. According to Statistics Austria, the average index of new orders in the construction industry rose from 88.8 in the first quarter of 2013 to 100.7 in the first quarter of 2014. The average index of new orders for building construction increased from 87.9 in the first quarter of 2013 to 96.5 in the first quarter of 2014, whereas for civil engineering construction, it rose from 91.3 to 112.3 during the same period. The overall outlook for construction in Austria over the forecast period remains positive. 
According to the European Energy Performance of Buildings Directive, all public buildings and newly constructed buildings must be nearly zero-energy buildings (NZEB) by 2018 and 2020 respectively. NZEBs are highly energy-efficient buildings with either proper insulation or meeting most of their energy demand from renewable energy sources. This directive will support development in the energy infrastructure and energy-efficient buildings, enhancing growth in the construction industry over the forecast period. 
The Ministry of Finance along with the Ministry of Transport, Innovation and Technology approved a six-year master plan for infrastructure development for 2014-2019. Under this plan, between EUR2.0 billion (US$2.7 billion) and EUR2.4 billion (US$3.2 billion) will be invested annually to expand, improve and maintain the country's rail network, and to modernize or construct new railway stations, and other infrastructure developments. 
According to the World Economic Forum's Travel and Tourism Competitiveness Index 2013, Austria has a strong position in global tourism and was ranked the third in terms of travel and tourism competitiveness index in the world. Austria also scored top position in terms of tourism infrastructure, health and hygiene. Moreover, the country's nine world heritage cultural sites, unique central location in Europe and Austria National Tourist Office's tourism promotional activities will attract more tourists to the country. According to Statistics Austria, the number of tourist arrivals increased by 1.9% from 36.2 million in 2012 to 36.8 million in 2013, while overnights stays rose by 1.2% from 131.0 million to 132.6 million. The rising number of tourists is likely to attract investments in tourism infrastructure, supporting growth in the leisure and hospitality buildings category over the forecast period.

 1 Executive Summary
2 Market Overview
2.1 Key Trends and Issues
2.2 Benchmarking by Market Size and Growth
3 Commercial Construction
3.1 Performance Outlook
3.2 Key Trends and Issues
3.3 Data and Project Highlights
4 Industrial Construction
4.1 Performance Outlook
4.2 Key Trends and Issues
4.3 Data and Project Highlights
5 Infrastructure Construction
5.1 Performance Outlook
5.2 Key Trends and Issues
5.3 Data and Project Highlights
6 Institutiol Construction
6.1 Performance Outlook
6.2 Key Trends and Issues
6.3 Data and Project Highlights
7 Residential Construction
7.1 Performance Outlook
7.2 Key Trends and Issues
7.3 Data and Project Highlights
8 Company Profile: Strabag SE
8.1 Strabag SE - Company Overview
8.2 Strabag SE - Business Description
8.3 Strabag SE - Main Products and Services
8.4 Strabag SE - History
8.5 Strabag SE - Company Information
8.5.1 Strabag SE - key competitors
8.5.2 Strabag SE - key employees
9 Company Profile: Allgemeine Baugesellschaft - A Porr AG
9.1 Allgemeine Baugesellschaft - A Porr AG - Company Overview
9.2 Allgemeine Baugesellschaft - A Porr AG - Business Description
9.3 Allgemeine Baugesellschaft - A Porr AG - Main Services
9.4 Allgemeine Baugesellschaft - A Porr AG - History
9.5 Allgemeine Baugesellschaft - A Porr AG - Company Information
9.5.1 Allgemeine Baugesellschaft - A Porr AG - key competitors
9.5.2 Allgemeine Baugesellschaft - A Porr AG - key employees
10 Company Profile: Swietelsky Baugesellschaft mbH
10.1 Swietelsky Baugesellschaft mbH - Company Overview
10.2 Swietelsky Baugesellschaft mbH - Business Description
10.3 Swietelsky Baugesellschaft mbH - Main Products and Services
10.4 Swietelsky Baugesellschaft mbH - History
10.5 Swietelsky Baugesellschaft mbH - Company Information
10.5.1 Swietelsky Baugesellschaft mbH - key competitors
10.5.2 Swietelsky Baugesellschaft mbH - key employees
11 Company Profile: UBM Realitatenenwicklung AG
11.1 UBM Realitatenenwicklung AG - Company Overview
11.2 UBM Realitatenenwicklung AG - Main Services
11.3 UBM Realitatenenwicklung AG - History
11.4 UBM Realitatenenwicklung AG - Company Information
11.4.1 UBM Realitatenenwicklung AG - key competitors
11.4.2 UBM Realitatenenwicklung AG - key employees
12 Company Profile: Waagner-Biro AG
12.1 Waagner-Biro AG - Company Overview
12.2 Waagner-Biro AG - Business Description
12.3 Waagner-Biro AG - Main Products and Services
12.4 Waagner-Biro AG - History
12.5 Waagner-Biro AG - Company Information
12.5.1 Waagner-Biro AG - key competitors
12.5.2 Waagner-Biro AG - key employees
13 Market Data Alysis
13.1 Construction Output and Value Add
13.1.1 Construction output by project type
13.1.2 Construction output by cost type
13.1.3 Construction output by activity type
13.1.4 Construction value add by project type
13.2 Commercial Construction
13.2.1 Commercial construction output by project type
13.2.2 Commercial construction output by cost type
13.2.3 Commercial construction output by activity type
13.2.4 Commercial construction value add by project type
13.3 Industrial Construction
13.3.1 Industrial construction output by project type
13.3.2 Industrial construction output by cost type
13.3.3 Industrial construction output by activity type
13.3.4 Industrial construction value add by project type
13.4 Infrastructure Construction
13.4.1 Infrastructure construction output by project type
13.4.2 Infrastructure construction output by cost type
13.4.3 Infrastructure construction output by activity type
13.4.4 Infrastructure construction value add by project type
13.5 Institutiol Construction
13.5.1 Institutiol construction output by project type
13.5.2 Institutiol construction output by cost type
13.5.3 Institutiol construction output by activity type
13.5.4 Institutiol construction value add by project type
13.6 Residential Construction
13.6.1 Residential construction output by project type
13.6.2 Residential construction output by cost type
13.6.3 Residential construction output by activity type
13.6.4 Residential construction value add by project type
14 Appendix
14.1 What is this Report About?
14.2 Definitions
14.3 Summary Methodology
14.4 Methodology
14.5 Contact Timetric
14.6 About Timetric
14.7 Timetric's Services
14.8 Disclaimer


List of Tables
Table 1: Benchmarking with Other Major Construction Industries
Table 2: Commercial Construction Project 1 - EGBAG - Erste Campus Office Complex Development - Vien
Table 3: Commercial Construction Project 2 - PCB - Pasching Plus City Shopping Center Expansion - Upper Austria
Table 4: Commercial Construction Project 3 - OBB - Vien Cargo Center - Austria
Table 5: Industrial Construction Project 1 - BM - St. Michael ob Bleiburg Turbocharger Production Plant Expansion - Carinthian
Table 6: Industrial Construction Project 2 - Blum - Dornbirn Functiol Furniture Fittings Manufacturing Plant - Vorarlberg
Table 7: Industrial Construction Project 3 - Semperit - Wimpassing Rubber Manufacturing Plant Expansion - Lower Austria
Table 8: Infrastructure Construction Project 1 - Asfig - S1 Expressway Schwechat-Suessenbrunn Section - Vien
Table 9: Infrastructure Construction Project 2 - VTA - Subway Metro Railway Line U1 Extension - Vien
Table 10: Infrastructure Construction Project 3 - Asfig - S7 Fuerstenfelder Expressway - Styria
Table 11: Institutiol Construction Project 1 - KAV - The New North Vien Hospital - Vien
Table 12: Institutiol Construction Project 2 - KAV - Ottakring Wilhelminenspital Renovation - Vien
Table 13: Institutiol Construction Project 3 - RAPA - Vien Parliament Renovation - Austria
Table 14: Residential Construction Project 1 - VCC - Carree Atzgersdorf Residential Development - Vien
Table 15: Residential Construction Project 2 - ARE - Liesing Mitte Garden City 2.0 Residential Development - Vien
Table 16: Residential Construction Project 3 - IES - Dou Mari Tower Residential Building - Vien
Table 17: Strabag SE, Key Facts
Table 18: Strabag SE, Main Products and Services
Table 19: Strabag SE, History
Table 20: Strabag SE, Key Employees
Table 21: Allgemeine Baugesellschaft - A Porr AG, Key Facts
Table 22: Allgemeine Baugesellschaft - A Porr AG, Main Services
Table 23: Allgemeine Baugesellschaft - A Porr AG, History
Table 24: Allgemeine Baugesellschaft - A Porr AG, Key Employees
Table 25: Swietelsky Baugesellschaft mbH, Key Facts
Table 26: Swietelsky Baugesellschaft mbH, Main Products and Services
Table 27: Swietelsky Baugesellschaft mbH, History
Table 28: Swietelsky Baugesellschaft mbH, Key Employees
Table 29: UBM Realitatenenwicklung AG, Key Facts
Table 30: UBM Realitatenenwicklung AG, Main Services
Table 31: UBM Realitatenenwicklung AG, History
Table 32: UBM Realitatenenwicklung AG, Key Employees
Table 33: Waagner-Biro AG, Key Facts
Table 34: Waagner-Biro AG, Main Products and Services
Table 35: Waagner-Biro AG, History
Table 36: Waagner-Biro AG, Key Employees
Table 37: Austrian Construction Output by Project Type (EUR Million), 2009-2013
Table 38: Austrian Construction Output by Project Type (EUR Million), 2013-2018
Table 39: Austrian Construction Output by Cost Type (EUR Million), 2009-2013
Table 40: Austrian Construction Output by Cost Type (EUR Million), 2013-2018
Table 41: Austrian Construction Output by Activity Type (EUR Million), 2009-2013
Table 42: Austrian Construction Output by Activity Type (EUR Million), 2013-2018
Table 43: Austrian Construction Value Add by Project Type (EUR Million), 2009-2013
Table 44: Austrian Construction Value Add by Project Type (EUR Million), 2013-2018
Table 45: Austrian Commercial Construction Output by Project Type (EUR Million), 2009-2013
Table 46: Austrian Commercial Construction Output by Project Type (EUR Million), 2013-2018
Table 47: Austrian Commercial Construction Output by Cost Type (EUR Million), 2009-2013
Table 48: Austrian Commercial Construction Output by Cost Type (EUR Million), 2013-2018
Table 49: Austrian Commercial Construction Output by Activity Type (EUR Million), 2009-2013
Table 50: Austrian Commercial Construction Output by Activity Type (EUR Million), 2013-2018
Table 51: Austrian Commercial Construction Value Add by Project Type (EUR Million), 2009-2013
Table 52: Austrian Commercial Construction Value Add by Project Type (EUR Million), 2013-2018
Table 53: Austrian Industrial Construction Output by Project Type (EUR Million), 2009-2013
Table 54: Austrian Industrial Construction Output by Project Type (EUR Million), 2013-2018
Table 55: Austrian Industrial Construction Output by Cost Type (EUR Million), 2009-2013
Table 56: Austrian Industrial Construction Output by Cost Type (EUR Million), 2013-2018
Table 57: Austrian Industrial Construction Output by Activity Type (EUR Million), 2009-2013
Table 58: Austrian Industrial Construction Output by Activity Type (EUR Million), 2013-2018
Table 59: Austrian Industrial Construction Value Add by Project Type (EUR Million), 2009-2013
Table 60: Austrian Industrial Construction Value Add by Project Type (EUR Million), 2013-2018
Table 61: Austrian Infrastructure Construction Output by Project Type (EUR Million), 2009-2013
Table 62: Austrian Infrastructure Construction Output by Project Type (EUR Million), 2013-2018
Table 63: Austrian Infrastructure Construction Output by Cost Type (EUR Million), 2009-2013
Table 64: Austrian Infrastructure Construction Output by Cost Type (EUR Million), 2013-2018
Table 65: Austrian Infrastructure Construction Output by Activity Type (EUR Million), 2009-2013
Table 66: Austrian Infrastructure Construction Output by Activity Type (EUR Million), 2013-2018
Table 67: Austrian Infrastructure Construction Value Add by Project Type (EUR Million), 2009-2013
Table 68: Austrian Infrastructure Construction Value Add by Project Type (EUR Million), 2013-2018
Table 69: Austrian Institutiol Construction Output by Project Type (EUR Million), 2009-2013
Table 70: Austrian Institutiol Construction Output by Project Type (EUR Million), 2013-2018
Table 71: Austrian Institutiol Construction Output by Cost Type (EUR Million), 2009-2013
Table 72: Austrian Institutiol Construction Output by Cost Type (EUR Million), 2013-2018
Table 73: Austrian Institutiol Construction Output by Activity Type (EUR Million), 2009-2013
Table 74: Austrian Institutiol Construction Output by Activity Type (EUR Million), 2013-2018
Table 75: Austrian Institutiol Construction Value Add by Project Type (EUR Million), 2009-2013
Table 76: Austrian Institutiol Construction Value Add by Project Type (EUR Million), 2013-2018
Table 77: Austrian Residential Construction Output by Project Type (EUR Million), 2009-2013
Table 78: Austrian Residential Construction Output by Project Type (EUR Million), 2013-2018
Table 79: Austrian Residential Construction Output by Cost Type (EUR Million), 2009-2013
Table 80: Austrian Residential Construction Output by Cost Type (EUR Million), 2013-2018
Table 81: Austrian Residential Construction Output by Activity Type (EUR Million), 2009-2013
Table 82: Austrian Residential Construction Output by Activity Type (EUR Million), 2013-2018
Table 83: Austrian Residential Construction Value Add by Project Type (EUR Million), 2009-2013
Table 84: Austrian Residential Construction Value Add by Project Type (EUR Million), 2013-2018
Table 85: Timetric Construction Market Definitions