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Sector Analysis
Indonesia Construction Market Size, Trend Analysis by Sector, Competitive Landscape and Forecast to 2030 (Q2 2026)
The construction industry in Indonesia is expected to expand by 5.4% in real terms in 2026, supported by investments in energy and industrial projects, along with government’s reforms and policies to boost overall economic output. According to the Badan Pusat Statistik (BPS), the construction industry’s value-add grew by 5.5% year on year (YoY) in Q1 2026, preceded by YoY growths of 3.9% in Q4 and 4.2% in Q3 2025. In April 2026, the Indonesian government announced that construction work on...
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Sector Analysis
Norway Construction Market Size, Trend Analysis by Sector, Competitive Landscape and Forecast to 2030 (H1 2026)
GlobalData forecasts that the Norwegian construction industry to expand in real terms by 1.6% in 2026, driven by investments in infrastructure and energy construction projects. The government in late June 2026, announced funding of NOK1.3 billion ($130 million) for the construction of ten zero-emission vessels, increasing the total to 22 such vessels already under construction as of late June 2026. In addition, the local government of Vestland approved the Atløysambandet project in mid-June 2026, involving an investment of NOK2 billion...
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Sector Analysis
Panama Construction Market Size, Trend Analysis by Sector, Competitive Landscape and Forecast to 2030 (H1 2026)
The construction industry in Panama is expected to grow by 5% in real terms in 2026, supported by rising investments in transport and energy sector projects, coupled with funding from major international funding institutions, such as the World Bank and the Inter-American Development Bank (IDB). According to the National Institute of Statistics and Census (INEC), Panama’s construction industry’s value-add grew by 2.7% in 2025, preceded by an annual growth of 4.6% in 2024. In April 2026, a government agency responsible...
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Sector Analysis
Russia Construction Market Size, Trend Analysis by Sector, Competitive Landscape and Forecast to 2030 (Q2 2026)
The Russian construction industry is expected to shrink in real terms by 5.2% in 2026 and 1.8% in 2027, owing to the ongoing economic uncertainty in the country caused by the Ukraine-Russia war and Middle Eastern conflict, increasing labor shortages, rising construction material costs, spending cuts to fund the war and a sluggish residential building activity. According to the Federal State Statistics Service (Rosstat), Russia’s average construction activity volume index fell by 14.5% year-on-year (YoY) in the first four months...
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Sector Analysis
Oman Construction Market Size, Trend Analysis by Sector, Competitive Landscape and Forecast to 2030 (H1 2026)
GlobalData expects the Omani construction industry to grow by 2.5% in real terms in 2026, supported by increase in foreign direct investment (FDI) in the country’s manufacturing and oil sector, coupled with rising investments in construction projects, particularly in non-oil and renewable sectors, amid a diversifying oil economy. In February 2026, during the Government Projects Forum 2026, Oman unveiled a massive OMR1.5 billion ($3.9 billion) development pipeline for 2026, including OMR475 million ($1.2 billion) in approved schemes and over OMR1...
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Sector Analysis
Sweden Construction Market Size, Trend Analysis by Sector, Competitive Landscape and Forecast to 2030 (H1 2026)
Following a decline of 1.5% YoY in 2025, the Swedish construction industry is expected to recover and register an annual real terms growth of 3.4% in 2026, supported by increase in investments in transport infrastructure, growth in construction production, and the government’s allocation under the latest 2026 Budget.In September 2025, the Swedish government announced its Budget for 2026. The budget is set at SEK1.5 trillion ($146.1 billion) as expenditure, marking an increase of 8.1% compared to the 2025 Budget, with...
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Sector Analysis
Romania Construction Market Size, Trend Analysis by Sector, Competitive Landscape and Forecast to 2030 (H1 2026)
The construction industry in Romania is expected to expand in real terms by 5.5% in 2026, supported by an increase in investments in civil engineering works and residential construction projects. According to the National Institute of Statistics (NIS), the average construction work index grew by 11.7% year on year (YoY) in the first four months of 2026, preceded by an annual growth of 8% in 2025. By segments, the average civil engineering work index grew by 14.4% YoY, while the...
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Sector Analysis
US Construction Market Size, Trend Analysis by Sector, Competitive Landscape and Forecast to 2030 (Q2 2026)
GlobalData forecasts that the US construction industry will return to growth in 2026, expanding by 0.6% in real terms after a 1.3% contraction in 2025. The headline figure masks an increasingly two-speed market with growth concentrated in infrastructure and energy and utilities sectors, while industrial construction enters an outright contraction, and residential output stabilizes from decline to flatline growth. For market participants, the defining challenge in 2026 is no longer the availability of demand but the cost of capital, but...
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Sector Analysis
Uruguay Construction Market Size, Trend Analysis by Sector, Competitive Landscape and Forecast to 2030 (H1 2026)
GlobalData expects the construction industry in Uruguay to expand by 1.4% in real terms in 2026 before registering an annual average growth rate of 3.8% from 2027 to 2020, supported by investments in transport infrastructure, renewable energy, housing, and manufacturing sectors. In mid-June 2026, the Inter-American Development Bank Group (IDB Group) approved the Country Strategy for Uruguay for 2026–2030. The plan, which was developed jointly with the Government of Uruguay, envisages investments of UYU175.3 billion ($4.2 billion) and seeks to...
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Sector Analysis
Tunisia Construction Market Size, Trend Analysis by Sector, Competitive Landscape and Forecast to 2030 (H1 2026)
Following an annual growth of 3.7% in real terms in 2025, the growth in Tunisia’s construction industry is expected to decelerate marginally to 0.6% in 2026, owing to weak real estate activity and delay in projects execution due to bureaucratic bottlenecks. As of June 2026, major projects such as the 350km Tunis-Sfax High-Speed Rail and expansions at Tunis-Carthage International Airport are delayed due to bureaucratic hurdles, prolonged feasibility studies, and complex financing. Furthermore, financing constraints, subdued investment activity, and limited...
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