Key Market Indicators
The Austrian civil engineering sector is poised for significant growth, with revenue projected to hit €10.4 billion by 2028. This marks an increase from approximately €9.8 billion in 2023, reflecting a compound annual growth rate (CAGR) of 1.1%. Since 2010, the Austrian market has seen a steady annual rise of 1.9%. In 2023, Austria ranked ninth globally, with Belgium slightly ahead, posting the same revenue figure. The United Kingdom, France, and Spain held the second, third, and fourth positions, respectively. In terms of civil engineering production, Austria is expected to reach €9.8 billion by 2028, up from around €9.6 billion in 2023. This represents an average annual growth rate of 0.4% since 2010, during which the country's supply has grown by 1.2% each year. In 2023, Austria was eleventh in global rankings for civil engineering production, with the Czech Republic surpassing it at the same €9.6 billion mark. Germany, France, and Spain secured the second, third, and fourth spots in this category.
