Key Market Indicators
The revenue from the Spanish civil engineering sector is projected to surge to approximately €31 billion by 2028, up from around €26 billion in 2023. This growth represents an average annual increase of 2.9%. Since 2010, the Spanish market has expanded by an impressive 6.1% annually. In 2023, Spain held the fourth position globally, with France leading the way at €26 billion. The United Kingdom and France occupied the second and third spots, respectively. On the production front, Spanish civil engineering output is expected to climb to nearly €34 billion by 2028, up from roughly €28 billion in 2023. This translates to an average annual growth rate of 3.3%. Similar to revenue, the production sector has seen a 6.1% yearly increase since 2010. In 2023, Spain ranked fourth globally in production, again trailing France with a production value of €28 billion. Germany, France, and Spain were ranked second, third, and fourth, respectively, in this category.