Key Market Indicators
Civil engineering revenue in Lithuania is expected to reach €1.6 billion by 2026, up from €1.4 billion in 2021. This growth of 1.7% year on year is a continuation of the 7.5% year on year increase since 2010. In 2021, Lithuania ranked 25th in this sector, with Latvia overtaking with €1.4 billion. Germany, France and Italy respectively came in at numbers 2, 3 and 4.
Lithuania Civil Engineering Market Data and Forecasts
How much will Lithuania Civil Engineering Market grow to 2026?
More in Civil Engineering Industry for 2028Improve your Knowledge with the latest Indicators and Trends
-
Road Infrastructure Construction: Comprehensive Analysis and Progressive Development Outlook
The market segment related to the development and building of road infrastructure is a dynamic and ever-evolving space. On a global scale, it is driven by numerous factors, including population growth, urbanization trends, advancements in construction technology, and governmental spending policies. The market currently is characterized by both the efforts...
Discover more insights -
Rail Infrastructure Construction: Global Trends, Forecasts and Industry Dynamics
Urbanization, globalization, and the pressing demands of climate change mitigation are exerting significant pressure on rail infrastructure construction. Prioritizing sustainable and efficient transportation alternatives, many countries are upgrading and expanding their rail networks. Technological advances such as automation, digitalization, and the use of Big Data are shaping this sector, making...
Discover more insights -
Heavy Engineering and Civil Construction: Market Trends, Opportunities, and Industry Research Insights
There are several prominent trends currently influencing the heavy engineering and civil construction sector. Sustainability and environmental considerations are foremost among them, with both public and private sector actors increasingly demanding more eco-friendly construction methods and materials. This is driving innovations such as the use of bio-degradable products, improved waste...
Discover more insights -
Bridge Construction: Delving into Emerging Trends and Market Opportunities Worldwide
The architecture of bridge construction is experiencing significant changes driven by technological advancements and need for sustainable infrastructure. The adoption of Building Information Modelling (BIM) techniques, for instance, has increased efficiency and reduced costs. BIM provides a detailed 3D model of the construction project, facilitating better planning, design and construction....
Discover more insights -
Bridge and Highway Construction: Emerging Trends and Industry Analysis
The construction sector has not been alien to the technological advancement trend. Such developments have been instrumental in improving bridge and roadway construction practices. Among the key emerging trends are the use of high-performance materials, integration of smart technologies, and the adoption of Building Information Modelling (BIM). High-performance materials like...
Discover more insights