Construction in Sweden - Key Trends and Opportunities to 2018

Published: Jun, 2014 | Pages: 79 | Publisher: Timetric
Industry: Construction | Report Format: Electronic (PDF)


Synopsis
This 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 type of construction activity
Analysis of equipment, material and service costs across each project type within Sweden
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.
Data highlights of the largest construction projects in Sweden 

Summary
The Swedish construction industry posted a compound annual growth rate (CAGR) of 4.21% during the review period (2009?2013), supported by private and public investments in infrastructural, residential, industrial and commercial construction projects. Despite the challenging environment, the outlook for the country's construction industry is favorable due to the government's commitment to improving the country's infrastructure, meeting rising demand for residential units. Consequently, the construction industry's output is expected to record a CAGR of 4.80% over the forecast period. 
Scope
This report provides a comprehensive analysis of the construction industry in Sweden. It provides:
Historical (2009-2013) and forecast (2014-2018) valuations of the construction industry in Sweden 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 Sweden 
Reason To Buy
 Identify and evaluate market opportunities using our 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
 After rebounding from the downturn in 2009, gross value-added growth in the Swedish construction industry peaked at an annual rate of 9.5% in 2010. The pace of expansion returned to normal levels during 2011-2013, with the construction industry recording value-added growth rates of 3.4%, 4.3% and 4.6% annually in 2011, 2012 and 2013 respectively. Industry growth slowed in 2012, however, during the fourth quarter of 2013, production and investment in the construction industry started to show signs of recovery, resulting in the construction of more shopping malls, residential properties and transport infrastructure.
According to Statistics Sweden (SCB), the construction of new buildings in 2013 increased by 46.0%, from 21,294 units in 2012 to 31,000 units in 2013, while the number of buildings completed increased by only 12.0%, from 25,993 units in 2012 to 29,225 units in 2013. The country faces a housing shortage and this, together with better access to credit, has fueled the rise in housing prices. The government is planning to implement measures to control household debt, which are among the highest in Europe. It is also supporting efforts to increase the housing supply.
According to the SCB, household consumption increased by 1.1% during the first quarter of 2014, compared with the fourth quarter of 2013, and is expected to increase further due to an expansion in salaries. According to the SCB, during the first-quarter of 2014, the number of employed persons rose by 1.4% and gross pay by 3.4% compared with the fourth quarter of 2013. This led Unibail-Rodamco Se ? Europe's largest listed commercial property company ? to undertake the construction of two shopping malls in Stockholm.
Sweden's population grew from 9.3 million in 2008 to 9.6 million in 2013, representing an increase of 3.1%, and the country's employment rate increased from 4.5% in 2010 to 4.7% in 2013. According to the SCB, the population is expected to reach 11.8 million by 2060. This, coupled with a rise in employment figures, will result in a strong demand for new housing.

 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: Peab AB
8.1 Peab AB - Company Overview
8.2 Peab AB - Business Description
8.3 Peab AB - Main Services
8.4 Peab AB - History
8.5 Peab AB - Company Information
8.5.1 Peab AB - key competitors
8.5.2 Peab AB - key employees
9 Company Profile: JM AB
9.1 JM AB - Company Overview
9.2 JM AB - Business Description
9.3 JM AB - Main Services
9.4 JM AB - History
9.5 JM AB - Company Information
9.5.1 JM AB - key competitors
9.5.2 JM AB - key employees
10 Company Profile: Skanska AB
10.1 Skanska AB - Company Overview
10.2 Skanska AB - Business Description
10.3 Skanska AB - Main Services
10.4 Skanska AB - History
10.5 Skanska AB - Company Information
10.5.1 Skanska AB - key competitors
10.5.2 Skanska AB - key employees
11 Company Profile: NCC AB
11.1 NCC AB - Company Overview
11.2 NCC AB - Business Description
11.3 NCC AB - Main Products and Services
11.4 NCC AB - History
11.5 NCC AB - Company Information
11.5.1 NCC AB - key competitors
11.5.2 NCC AB - key employees
12 Company Profile: NCC Property Development AB
12.1 NCC Property Development AB - Company Overview
12.2 NCC Property Development AB - Main Services
12.3 NCC Property Development AB - Company Information
12.3.1 NCC Property Development AB - key competitors
12.3.2 NCC Property Development AB - 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 - UL - Sol Mall of Scandivia - Stockholm
Table 3: Commercial Construction Project 2 - VMC/HE - Southern Cross Logistics Park - Sweden
Table 4: Commercial Construction Project 3 - SL - Norsborg Metro Depot - Sweden
Table 5: Industrial Construction Project 1 - Sodra - Varo Pulp Mill Expansion - Sweden
Table 6: Industrial Construction Project 2 - ABB - Karlskro Cables Manufacturing Facility Expansion - Blekinge
Table 7: Industrial Construction Project 3 - Perstorp - Stenungsund Butene Production Facility - Vastra Gotaland
Table 8: Infrastructure Construction Project 1 - SRA - Trelleborg-Stralsund Tunnel Development - Sweden
Table 9: Infrastructure Construction Project 2 - SCC - Stockholm Metro Expansion - Sweden
Table 10: Infrastructure Construction Project 3 - Trafikverket - Gothenburg Western Link Rail Line - Sweden
Table 11: Institutiol Construction Project 1 - SCC - New Karolinska Sol University Hospital - Stockholm
Table 12: Institutiol Construction Project 2 - CoS/NF - Nobel Center Development - Stockholm
Table 13: Institutiol Construction Project 3 - Vastfastigheter - New Angered Local Hospital - Vastra Gotaland
Table 14: Residential Construction Project 1 - SCC - Tellus Tower - Sweden
Table 15: Residential Construction Project 2 - GCC - Lindholmen Residential Tower - Sweden
Table 16: Residential Construction Project 3 - Husherren - orebro Residential Development - Sweden
Table 17: Peab AB, Key Facts
Table 18: Peab AB, Main Services
Table 19: Peab AB, History
Table 20: Peab AB, Key Employees
Table 21: JM AB, Key Facts
Table 22: JM AB, Main Services
Table 23: JM AB, History
Table 24: JM AB, Key Employees
Table 25: Skanska AB, Key Facts
Table 26: Skanska AB, Main Services
Table 27: Skanska AB, History
Table 28: Skanska AB, Key Employees
Table 29: NCC AB, Key Facts
Table 30: NCC AB, Main Products and Services
Table 31: NCC AB - History
Table 32: NCC AB, Key Employees
Table 33: NCC Property Development AB, Key Facts
Table 34: NCC Property Development AB, Main Services
Table 35: NCC Property Development AB, Key Employees
Table 36: Swedish Construction Output by Project Type (SEK Million), 2009-2013
Table 37: Swedish Construction Output by Project Type (SEK Million), 2013-2018
Table 38: Swedish Construction Output by Cost Type (SEK Million), 2009-2013
Table 39: Swedish Construction Output by Cost Type (SEK Million), 2013-2018
Table 40: Swedish Construction Output by Activity Type (SEK Million), 2009-2013
Table 41: Swedish Construction Output by Activity Type (SEK Million), 2013-2018
Table 42: Swedish Construction Value Add by Project Type (SEK Million), 2009-2013
Table 43: Swedish Construction Value Add by Project Type (SEK Million), 2013-2018
Table 44: Swedish Commercial Construction Output by Project Type (SEK Million), 2009-2013
Table 45: Swedish Commercial Construction Output by Project Type (SEK Million), 2013-2018
Table 46: Swedish Commercial Construction Output by Cost Type (SEK Million), 2009-2013
Table 47: Swedish Commercial Construction Output by Cost Type (SEK Million), 2013-2018
Table 48: Swedish Commercial Construction Output by Activity Type (SEK Million), 2009-2013
Table 49: Swedish Commercial Construction Output by Activity Type (SEK Million), 2013-2018
Table 50: Swedish Commercial Construction Value Add by Project Type (SEK Million), 2009-2013
Table 51: Swedish Commercial Construction Value Add by Project Type (SEK Million), 2013-2018
Table 52: Swedish Industrial Construction Output by Project Type (SEK Million), 2009-2013
Table 53: Swedish Industrial Construction Output by Project Type (SEK Million), 2013-2018
Table 54: Swedish Industrial Construction Output by Cost Type (SEK Million), 2009-2013
Table 55: Swedish Industrial Construction Output by Cost Type (SEK Million), 2013-2018
Table 56: Swedish Industrial Construction Output by Activity Type (SEK Million), 2009-2013
Table 57: Swedish Industrial Construction Output by Activity Type (SEK Million), 2013-2018
Table 58: Swedish Industrial Construction Value Add by Project Type (SEK Million), 2009-2013
Table 59: Swedish Industrial Construction Value Add by Project Type (SEK Million), 2013-2018
Table 60: Swedish Infrastructure Construction Output by Project Type (SEK Million), 2009-2013
Table 61: Swedish Infrastructure Construction Output by Project Type (SEK Million), 2013-2018
Table 62: Swedish Infrastructure Construction Output by Cost Type (SEK Million), 2009-2013
Table 63: Swedish Infrastructure Construction Output by Cost Type (SEK Million), 2013-2018
Table 64: Swedish Infrastructure Construction Output by Activity Type (SEK Million), 2009-2013
Table 65: Swedish Infrastructure Construction Output by Activity Type (SEK Million), 2013-2018
Table 66: Swedish Infrastructure Construction Value Add by Project Type (SEK Million), 2009-2013
Table 67: Swedish Infrastructure Construction Value Add by Project Type (SEK Million), 2013-2018
Table 68: Swedish Institutiol Construction Output by Project Type (SEK Million), 2009-2013
Table 69: Swedish Institutiol Construction Output by Project Type (SEK Million), 2013-2018
Table 70: Swedish Institutiol Construction Output by Cost Type (SEK Million), 2009-2013
Table 71: Swedish Institutiol Construction Output by Cost Type (SEK Million), 2013-2018
Table 72: Swedish Institutiol Construction Output by Activity Type (SEK Million), 2009-2013
Table 73: Swedish Institutiol Construction Output by Activity Type (SEK Million), 2013-2018
Table 74: Swedish Institutiol Construction Value Add by Project Type (SEK Million), 2009-2013
Table 75: Swedish Institutiol Construction Value Add by Project Type (SEK Million), 2013-2018
Table 76: Swedish Residential Construction Output by Project Type (SEK Million), 2009-2013
Table 77: Swedish Residential Construction Output by Project Type (SEK Million), 2013-2018
Table 78: Swedish Residential Construction Output by Cost Type (SEK Million), 2009-2013
Table 79: Swedish Residential Construction Output by Cost Type (SEK Million), 2013-2018
Table 80: Swedish Residential Construction Output by Activity Type (SEK Million), 2009-2013
Table 81: Swedish Residential Construction Output by Activity Type (SEK Million), 2013-2018
Table 82: Swedish Residential Construction Value Add by Project Type (SEK Million), 2009-2013
Table 83: Swedish Residential Construction Value Add by Project Type (SEK Million), 2013-2018
Table 84: Timetric Construction Market Definitions