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Construction in Denmark - Key Trends and Opportunities to 2019

  • September 2015
  • 74 pages
  • Timetric
Report ID: 1136235


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The Danish construction industry suffered greatly during the global financial crisis and the performance was undermined by a large budget deficit, weak business confidence and consumer demand, a high unemployment rate and depressed economic conditions across the eurozone. The industry will recover over the forecast period (2015–2019), supported by government investment in infrastructure, energy and housing projects. The government aims to develop its energy sector, transport infrastructure and housing market, and energy efficiency will be achieved by increasing the use of renewable sources. In real terms, the industry’s growth is expected to accelerate marginally from a review-period (2010–2014) compound annual growth rate (CAGR) of 1.65% to 2.21% over the forecast period.

Timetric’s Construction in Denmark – Key Trends and Opportunities to 2019 report provides detailed market analysis, information and insights into the Danish construction industry including:

- The Danish 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 Denmark

- Critical insight into the impact of industry trends and issues, and the risks and opportunities they present to participants in the Danish construction industry

- Profiles of the leading operators in the Danish construction industry

- Data highlights of the largest construction projects in Denmark

This report provides a comprehensive analysis of the construction industry in Denmark. It provides:

- Historical (2010-2014) and forecast (2015-2019) valuations of the construction industry in Denmark using construction output and value-add methods

- Segmentation by sector (commercial, industrial, infrastructure, energy and utilities, 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 Denmark

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 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
- To reduce the amount of public spending on healthcare, improve the quality of patient services and support the growing population, in 2013 the government announced plans to construct 16 new hospitals by 2025. This will include the renovation of existing healthcare facilities and the construction of eight super hospitals.

- According to the World Bank’s Doing Business 2015 report, Denmark ranked fourth out of 189 countries as the best place for doing business in the world owing to its highly skilled workforce, well developed infrastructure, high purchasing power, attractive tax incentives, low tax rates, flexible labor market, and stable political environment. According to the Danish central bank, foreign investments increased in 2014 compared to 2013 and is anticipated to increase due to government’s initiatives to further reduce corporate taxes from 23.5% in 2015 to 22.0% in 2016.

- In order to develop the renewable sources of energy, Denmark-based Copenhagen Infrastructure Partners (CIP), raised DKK14.7 billion (US$2.6 billion) to establish a new infrastructure investment fund: Copenhagen Infrastructure II. The fund is supported by the EIB, PensionDanmark and SEB Pensionsforsikring. Investments are expected to support green energy projects, such as biomass power plants, electricity transmission grids and on and offshore wind installations.

- According to the World Travel and Tourism Council (WTTC), investments in the tourism sector declined in 2014. However, over the forecast period, government initiatives such as NRP and the National Tourism Initiative will support growth. According to the WTTC, the sector is expected to attract investments by 2025. This will help to support growth in the leisure and hospitality buildings category over the forecast period.

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