Construction in Sweden - Key Trends and Opportunities to 2021

Published: Nov, 2017 | Pages: 90 | Publisher: Timetric
Industry: Construction | Report Format: Electronic (PDF)

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.

 Table of Contents

1 Executive Summary
2 Industry Outlook
2.1 Commercial Construction
2.2 Industrial Construction
2.3 Infrastructure Construction
2.4 Energy and Utilities Construction
2.5 Institutional Construction
2.6 Residential Construction
3 Key Issues and Developments
4 Market Data Analysis
4.1 Construction Output and Value Add
4.1.1 Construction output by project type
4.1.2 Construction output by cost type
4.1.3 Construction output by activity type
4.1.4 Construction value add by project type
4.2 Commercial Construction
4.2.1 Commercial construction output by project type
4.2.2 Commercial construction output by cost type
4.2.3 Commercial construction output by activity type
4.2.4 Commercial construction value add by project type
4.3 Industrial Construction
4.3.1 Industrial construction output by project type
4.3.2 Industrial construction output by cost type
4.3.3 Industrial construction output by activity type
4.3.4 Industrial construction value add by project type
4.4 Infrastructure Construction
4.4.1 Infrastructure construction output by project type
4.4.2 Infrastructure construction output by cost type
4.4.3 Infrastructure construction output by activity type
4.4.4 Infrastructure construction value add by project type
4.5 Energy and Utilities Construction
4.5.1 Energy and utilities construction output by project type
4.5.2 Energy and utilities construction output by cost type
4.5.3 Energy and utilities construction output by activity type
4.5.4 Energy and utilities construction value add by project type
4.6 Institutional Construction
4.6.1 Institutional construction output by project type
4.6.2 Institutional construction output by cost type
4.6.3 Institutional construction output by activity type
4.6.4 Institutional construction value add by project type
4.7 Residential Construction
4.7.1 Residential construction output by project type
4.7.2 Residential construction output by cost type
4.7.3 Residential construction output by activity type
4.7.4 Residential construction value add by project type
5 Company Profile: NCC AB
5.1 NCC AB - Company Overview
5.2 NCC AB - Business Description
5.3 NCC AB - Main Products and Services
5.4 NCC AB - History
5.5 NCC AB - Company Information
5.5.1 NCC AB - key competitors
5.5.2 NCC AB - key employees
6 Company Profile: Peab AB
6.1 Peab AB - Company Overview
6.2 Peab AB - Business Description
6.3 Peab AB - Main Services
6.4 Peab AB - History
6.5 Peab AB - Company Information
6.5.1 Peab AB - key competitors
6.5.2 Peab AB - key employees
7 Company Profile: JM AB
7.1 JM AB - Company Overview
7.2 JM AB - Business Description
7.3 JM AB - Main Services
7.4 JM AB - History
7.5 JM AB - Company Information
7.5.1 JM AB - key competitors
7.5.2 JM AB - key employees
8 Company Profile: SWECO AB
8.1 SWECO AB - Company Overview
8.2 SWECO AB - Business Description
8.3 SWECO AB - Main Services
8.4 SWECO AB - History
8.5 SWECO AB - Company Information
8.5.1 SWECO AB - key competitors
8.5.2 SWECO AB - key employees
9 Company Profile: Reinhold Europe AB
9.1 Reinhold Europe AB - Company Overview
9.2 Reinhold Europe AB - Main Services
9.3 Reinhold Europe AB - Company Information
9.3.1 Reinhold Europe AB - key competitors
9.3.2 Reinhold Europe AB - key employees
10 Appendix
10.1 What is this Report About?
10.2 Definitions
10.3 Methodology
10.4 Contact Timetric
10.5 About Timetric
10.6 Timetric's Services
10.7 Disclaimer

List of Tables

Table 1: Swedish Construction Output by Project Type (SEK Million), 2012-2016
Table 2: Swedish Construction Output by Project Type (SEK Million), 2016-2021
Table 3: Swedish Construction Output by Cost Type (SEK Million), 2012-2016
Table 4: Swedish Construction Output by Cost Type (SEK Million), 2016-2021
Table 5: Swedish Construction Output by Activity Type (SEK Million), 2012-2016
Table 6: Swedish Construction Output by Activity Type (SEK Million), 2016-2021
Table 7: Swedish Construction Value Add by Project Type (SEK Million), 2012-2016
Table 8: Swedish Construction Value Add by Project Type (SEK Million), 2016-2021
Table 9: Swedish Commercial Construction Output by Project Type (SEK Million), 2012-2016
Table 10: Swedish Commercial Construction Output by Project Type (SEK Million), 2016-2021
Table 11: Swedish Commercial Construction Output by Cost Type (SEK Million), 2012-2016
Table 12: Swedish Commercial Construction Output by Cost Type (SEK Million), 2016-2021
Table 13: Swedish Commercial Construction Output by Activity Type (SEK Million), 2012-2016
Table 14: Swedish Commercial Construction Output by Activity Type (SEK Million), 2016-2021
Table 15: Swedish Commercial Construction Value Add by Project Type (SEK Million), 2012-2016
Table 16: Swedish Commercial Construction Value Add by Project Type (SEK Million), 2016-2021
Table 17: Swedish Industrial Construction Output by Project Type (SEK Million), 2012-2016
Table 18: Swedish Industrial Construction Output by Project Type (SEK Million), 2016-2021
Table 19: Swedish Industrial Construction Output by Cost Type (SEK Million), 2012-2016
Table 20: Swedish Industrial Construction Output by Cost Type (SEK Million), 2016-2021
Table 21: Swedish Industrial Construction Output by Activity Type (SEK Million), 2012-2016
Table 22: Swedish Industrial Construction Output by Activity Type (SEK Million), 2016-2021
Table 23: Swedish Industrial Construction Value Add by Project Type (SEK Million), 2012-2016
Table 24: Swedish Industrial Construction Value Add by Project Type (SEK Million), 2016-2021
Table 25: Swedish Infrastructure Construction Output by Project Type (SEK Million), 2012-2016
Table 26: Swedish Infrastructure Construction Output by Project Type (SEK Million), 2016-2021
Table 27: Swedish Infrastructure Construction Output by Cost Type (SEK Million), 2012-2016
Table 28: Swedish Infrastructure Construction Output by Cost Type (SEK Million), 2016-2021
Table 29: Swedish Infrastructure Construction Output by Activity Type (SEK Million), 2012-2016
Table 30: Swedish Infrastructure Construction Output by Activity Type (SEK Million), 2016-2021
Table 31: Swedish Infrastructure Construction Value Add by Project Type (SEK Million), 2012-2016
Table 32: Swedish Infrastructure Construction Value Add by Project Type (SEK Million), 2016-2021
Table 33: Swedish Energy and Utilities Construction Output by Project Type (SEK Million), 2012-2016
Table 34: Swedish Energy and Utilities Construction Output by Project Type (SEK Million), 2016-2021
Table 35: Swedish Energy and Utilities Construction Output by Cost Type (SEK Million), 2012-2016
Table 36: Swedish Energy and Utilities Construction Output by Cost Type (SEK Million), 2016-2021
Table 37: Swedish Energy and Utilities Construction Output by Activity Type (SEK Million), 2012-2016
Table 38: Swedish Energy and Utilities Construction Output by Activity Type (SEK Million), 2016-2021
Table 39: Swedish Energy and Utilities Construction Value Add by Project Type (SEK Million), 2012-2016
Table 40: Swedish Energy and Utilities Construction Value Add by Project Type (SEK Million), 2016-2021
Table 41: Swedish Institutional Construction Output by Project Type (SEK Million), 2012-2016
Table 42: Swedish Institutional Construction Output by Project Type (SEK Million), 2016-2021
Table 43: Swedish Institutional Construction Output by Cost Type (SEK Million), 2012-2016
Table 44: Swedish Institutional Construction Output by Cost Type (SEK Million), 2016-2021
Table 45: Swedish Institutional Construction Output by Activity Type (SEK Million), 2012-2016
Table 46: Swedish Institutional Construction Output by Activity Type (SEK Million), 2016-2021
Table 47: Swedish Institutional Construction Value Add by Project Type (SEK Million), 2012-2016
Table 48: Swedish Institutional Construction Value Add by Project Type (SEK Million), 2016-2021
Table 49: Swedish Residential Construction Output by Project Type (SEK Million), 2012-2016
Table 50: Swedish Residential Construction Output by Project Type (SEK Million), 2016-2021
Table 51: Swedish Residential Construction Output by Cost Type (SEK Million), 2012-2016
Table 52: Swedish Residential Construction Output by Cost Type (SEK Million), 2016-2021
Table 53: Swedish Residential Construction Output by Activity Type (SEK Million), 2012-2016
Table 54: Swedish Residential Construction Output by Activity Type (SEK Million), 2016-2021
Table 55: Swedish Residential Construction Value Add by Project Type (SEK Million), 2012-2016
Table 56: Swedish Residential Construction Value Add by Project Type (SEK Million), 2016-2021
Table 57: NCC AB, Key Facts
Table 58: NCC AB, Main Products and Services
Table 59: NCC AB, History
Table 60: NCC AB, Key Employees
Table 61: Peab AB, Key Facts
Table 62: Peab AB, Main Services
Table 63: Peab AB, History
Table 64: Peab AB, Key Employees
Table 65: JM AB, Key Facts
Table 66: JM AB, Main Services
Table 67: JM AB, History
Table 68: JM AB, Key Employees
Table 69: SWECO AB, Key Facts
Table 70: SWECO AB, Main Services
Table 71: SWECO AB, History
Table 72: SWECO AB, Key Employees
Table 73: Reinhold Europe AB, Key Facts
Table 74: Reinhold Europe AB, Main Services
Table 75: Reinhold Europe AB, Key Employees
Table 76: Timetric Construction Market Definitions