Czech Republic Construction Market Size, Trend Analysis by Sector, Competitive Landscape and Forecast to 2027
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Czech Republic Construction Market Report Overview
The Czech Republic construction market size was $51.2 billion in 2022. The market is projected to achieve an AAGR of more than 3% during 2024-2027. The industry’s growth over the forecast period will be supported by developments in the area of transportation, housing and energy sectors.
Czech Republic Construction Market Outlook, 2022-2027
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The Czech Republic construction market research report provides detailed market analysis, information, and insights into the Czech Republic construction industry, including the growth prospects of the industry by market, project type, and construction activity. The report also delivers critical insight into the impact of industry trends and issues, as well as an analysis of key risks and opportunities in the Czech Republic construction industry. The report also provides an analysis of the mega-project pipeline, focusing on development stages and participants, in addition to listings of major projects in the pipeline.
Market Size (2022) | $51.2 billion |
AAGR (2024-2027) | >3% |
Forecast Period | 2023-2027 |
Historical Period | 2018-2022 |
Key Sectors | Commercial Construction, Industrial Construction, Infrastructure Construction, Energy and Utilities Construction, Institutional Construction, and Residential Construction |
Leading Contractors | STRABAG SE, Metrostav AS, Vinci SA, Actividades de Construccion y Servicios SA, DDM Holding AG, Webuild SpA, Swietelsky Baugesellschaft mbH, Skanska AB, M – Silnice AS, and Bouygues SA |
Leading Consultants | Kuwait Petroleum Corporation, Mott MacDonald Group Ltd, AFRY AB, Egis Group, Valbek Sro, Metroproekt Prague, Iberdrola SA, ILF Consulting Engineers, PUDIS AS, and Actividades de Construccion y Servicios SA |
Czech Republic Construction Market Segmentation by Sectors
The key sectors in the Czech Republic construction market are commercial construction, industrial construction, infrastructure construction, energy and utilities construction, institutional construction, and residential construction. Infrastructure construction has the highest share in 2022.
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 commercial construction growth over the forecast period will be supported by the expected recovery in tourism activities, coupled with an anticipated rise in demand for office buildings, retail and leisure activities.
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 growth of the sector will be aided by increase in manufacturing output and a rise in new industrial orders.
Infrastructure construction: The project types in this sector include rail infrastructure, road infrastructure, and other infrastructure projects. The sector’s growth will be supported by public and private sector investments in road, rail, and airport infrastructure projects. Moreover, in March 2023, the Austrian Federal Minister for Climate Protection and Transport, Leonore Gewessler and Czech Minister of Transport, Martin Kupka signed a joint declaration to support the development of the cross-border railway line by 2028.
Energy and utilities construction: The project types in this sector include electricity and power, oil and gas, telecommunications, sewage infrastructure, and water infrastructure. The energy and utilities sector’s growth will be supported by government’s plan to increase the share of renewable energy in its total energy consumption mix by 2030, along with plans to have 1.9GW of new solar capacity by 2030.
Institutional construction: The project types in this sector include educational buildings, healthcare buildings, institutional buildings, research facilities, and religious buildings. The sector’s expansion will be supported by public and private-sector investments in healthcare and educational infrastructure.
Residential construction: The project types in this sector include single-family housing and multi-family housing. The growth of the residential sector will be supported by a recovery in real estate activities, coupled with the government’s focus on housing development. The construction of the Alfred residential building project was commenced by Skanska AB, Swedish-based construction and development company, in December 2022.
Czech Republic Construction Market Analysis by Sectors, 2022 (%)
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Czech Republic Construction Market - Competitive Landscape
The leading contractors in the Czech Republic construction market are STRABAG SE, Metrostav AS, Vinci SA, Actividades de Construccion y Servicios SA, DDM Holding AG, Webuild SpA, Swietelsky Baugesellschaft mbH, Skanska AB, M – Silnice AS, and Bouygues SA. STRABAG SE led the Czech Republic construction market.
Czech Republic Construction Market by Contractors, 2022 (%)
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The leading consultants in the Czech Republic construction market are Kuwait Petroleum Corporation, Mott MacDonald Group Ltd, AFRY AB, Egis Group, Valbek Sro, Metroproekt Prague, Iberdrola SA, ILF Consulting Engineers, PUDIS AS, and Actividades de Construccion y Servicios SA. Kuwait Petroleum Corporation led the Czech Republic construction market.
Czech Republic Construction Market by Consultants, 2022 (%)To know more about the Czech Republic construction market consultants, download a free report sample
Segments Covered in the Report
Czech Republic Construction Sectors Outlook (Value, US$ Billion, 2018-2027)
- 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 Czech Republic. It provides
- Historical and forecast valuations of the construction industry in Czech Republic, featuring details of key growth drivers.
- Segmentation by sector (commercial, industrial, infrastructure, energy and utilities, institutional and residential) 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
Frequently asked questions
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What was the Czech Republic construction market size in 2022?
The construction market size in Czech Republic was $51.2 billion in 2022.
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What is the Czech Republic construction market growth rate?
The construction market in Czech Republic is projected to achieve an AAGR of more than 3% during 2024-2027.
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Which was the leading sectors in the Czech Republic construction market?
Infrastructure construction was the leading sector in the Czech Republic construction market in 2022.
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Who was the leading contractor in the Czech Republic construction market?
The leading contractor in the Czech Republic construction market in 2022 was STRABAG SE.
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Who was the leading consultant in the Czech Republic construction market?
The leading consultant in the Czech Republic construction market was Kuwait Petroleum Corporation.
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