Key Market Indicators
The revenue from Norway's civil engineering sector is projected to climb to €7.4 billion by 2028, up from €6.6 billion in 2023. This represents an average annual growth rate of 2%. Over the past decade, the market has grown by 0.7% each year. In 2023, Norway ranked 14th in the global civil engineering market, with Serbia just ahead at €6.6 billion. The United Kingdom, France, and Spain held the second, third, and fourth spots, respectively. Norwegian civil engineering production is also on the rise, expected to reach €7.4 billion by 2028 from €6.5 billion in 2023. This growth is at an average annual rate of 1.9%. Since 2010, the supply in the sector has increased by 0.6% each year. In the production ranking for 2023, Norway was positioned 13th, with Romania slightly ahead at €6.5 billion. Germany, France, and Spain occupied the second, third, and fourth positions, respectively.
