Austria Construction Market Size, Trend Analysis by Sector, Competitive Landscape and Forecast to 2028
Powered by
All the vital news, analysis, and commentary curated by our industry experts.
Austria Construction Market Report Overview
The Austria construction market size was $79.3 billion in 2023. The market is projected to achieve an AAGR of more than 2% during 2025-2028. The growth is attributed to the increase in investments in transport and renewable energy infrastructure, with improvements in the electric vehicle market.
Austria Construction Market Outlook, 2023-2028 ($ Billion)
Buy the Full Report to Know More about the Austria Construction Market Forecast
The Austria construction market research report offers a comprehensive understanding of project types and construction activities in the country. It analyzes the mega-project pipeline, focusing on development stages, participants, and listings of major projects in the pipeline. The market report further discusses the key sectors in the construction market and their growth drivers. Along with reviewing the details of the construction projects, our analysts have elaborated on emerging trends and assessed key risks and opportunities that will influence Austria’s construction market growth in the coming years.
Market Size (2023) | $79.3 billion |
AAGR (2025-2028) | >2% |
Forecast Period | 2023-2028 |
Historical Period | 2019-2022 |
Key Sectors | · Commercial Construction
· Industrial Construction · Infrastructure Construction · Energy and Utilities Construction · Institutional Construction · Residential Construction |
Key Contractors | · PORR AG
· Swietelsky Baugesellschaft mbH · STRABAG SE · Marti Holding AG · Implenia AG |
Key Consultants | · ILF Group Holding GmbH
· Geoconsult Holding ZT GmbH · Amberg Group Ltd · IGT Geotechnik und Tunnelbau Ziviltechniker GmbH · Pro Iter Srl |
Enquire & Decide | Discover the perfect solution for your business needs. Enquire now and let us help you make an informed decision before making a purchase. |
Austria Construction Market Segmentation by Sectors
Residential construction accounted for the highest share of the Austria construction market in 2023
The key sectors in the Austria construction market are commercial construction, industrial construction, infrastructure construction, energy and utilities construction, institutional construction, and residential construction. In 2023, the residential construction sector was followed by infrastructure construction.
Infrastructure construction: The project types in this sector include rail infrastructure, road infrastructure, and other infrastructure projects. The government’s investment in developing transport infrastructure during the forecast period will support the sector’s growth.
Residential construction: The project types in this sector include single-family housing and multi-family housing. The residential construction industry will recover over the forecast period owing to public and private sector investments in the housing sector.
Energy and utilities construction: The project types in this sector include electricity and power, oil and gas, telecommunications, sewage infrastructure, and water infrastructure. The government’s focus on the government’s target of achieving climate neutrality by 2040 and improvement in information and communication construction activities will drive the sector growth between 2025 and 2028.
Commercial construction: The project types in this sector include leisure and hospitality buildings, office buildings, outdoor leisure facilities, retail buildings, and other commercial construction. The increase in investments in the tourism sector and retail sector will drive the commercial sector’s growth over the forecast period.
Industrial construction: The project types in this sector include chemical and pharmaceutical plants, manufacturing plants, metal and material production and processing plants, and waste processing plants. The improvement in public and private sector investments in the manufacturing and industrial sectors will drive the sector’s growth during the forecast period.
Institutional construction: The project types in this sector include educational buildings, healthcare buildings, institutional buildings, research facilities, and religious buildings. Factors such as investments in healthcare projects as well as education and research projects will fuel the growth of this sector in the coming years.
Austria Construction Market Analysis by Sectors, 2023 (%)
Buy the Full Report for more Sector Insights into the Austria Construction Market
Austria Construction Market - Competitive Landscape
PORR AG emerged as the leading contractor and ILF Group Holding GmbH as the leading consultant in the Austria construction market in 2023
A few of the leading contractors in the Austria construction market are:
- PORR AG
- Swietelsky Baugesellschaft mbH
- STRABAG SE
- Marti Holding AG
- Implenia AG
Foreign contractors account for most of the project pipeline in the Austria construction market. Firms based in Italy and Russia dominate the market.
Austria Construction Market Analysis by Contractors, 2023 (%)
Buy the Full Report to Know More about the Contractors in the Austria Construction Market
A few of the leading consultants in the Austria construction market are:
- ILF Group Holding GmbH
- Geoconsult Holding ZT GmbH
- Amberg Group Ltd
- IGT Geotechnik und Tunnelbau Ziviltechniker GmbH
- Pro Iter Srl
Domestic consultants account for a majority share of the project pipeline for which a contract has been awarded.
Austria Construction Market Analysis by Consultants, 2023 (%)
Buy the Full Report to Know More about Consultants in the Austria Construction Market
Austria Construction Market - Latest Developments
- Under the European Chips Act, in October 2023, the Austrian government announced its plans to invest heavily in the growth of chip research and manufacturing in the country between 2024 and 2031. Furthermore, it is expected that this investment in the semiconductor sector will draw in a total of more than $7 billion in investment.
- In October 2023, the draft budget of the Federal Finance Act 2024 was released, which states that more than $64 million will be set aside for the expansion of the tourism industry in 2024.
Segments Covered in the Report
Austria Construction Sectors Outlook (Value, $ Billion, 2018-2028)
- Commercial Construction
- Industrial Construction
- Infrastructure Construction
- Energy and Utilities Construction
- Institutional Construction
- Residential Construction
Scope
This report provides:
- A comprehensive analysis of the construction industry in Austria.
- Historical and forecast valuations of the construction industry in Austria, featuring details of key growth drivers.
- Segmentation by sector and by sub-sector.
- Analysis of the mega-project pipeline, including breakdowns by development stage across all sectors and projected spending on projects in the existing pipeline.
- Listings of major projects, in addition to details of leading contractors and consultants.
Reasons to Buy
- Identify and evaluate market opportunities using GlobalData’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 GlobalData’s critical and actionable insight.
- Assess business risks, including cost, regulatory, and competitive pressures.
- Evaluate competitive risk and success factors.
Table of Contents
Table
Figures
Frequently asked questions
-
What was the Austria construction market size in 2023?
The construction market size in Austria was $79.3 billion in 2023.
-
What will the Austria construction market growth rate be during the forecast period?
The construction market in Austria is projected to achieve an AAGR of more than 2% during 2025-2028.
-
Which was the leading sector in the Austria construction market in 2023?
Residential construction accounted for the highest share of the Austria construction market in 2023.
-
Which are the leading contractors in the Austria construction market?
The leading contractors in the Austria construction market are PORR AG, Swietelsky Baugesellschaft mbH, STRABAG SE, Marti Holding AG, and Implenia AG among others.
-
Which are the leading consultants in the Austria construction market?
The leading consultants in the Austria construction market are ILF Group Holding GmbH, Geoconsult Holding ZT GmbH, Amberg Group Ltd, IGT Geotechnik und Tunnelbau Ziviltechniker GmbH, and Pro Iter Srl among others.
Get in touch to find out about multi-purchase discounts
reportstore@globaldata.com
Tel +44 20 7947 2745
Every customer’s requirement is unique. With over 220,000 construction projects tracked, we can create a tailored dataset for you based on the types of projects you are looking for. Please get in touch with your specific requirements and we can send you a quote.