Forecast: Production in Civil Engineering Sector in Sweden

Over the period from 2013 to 2023, the production in the civil engineering sector in Sweden has shown a robust growth trajectory, increasing from 57.38 billion Swedish Kronas in 2013 to standing at 102.43 billion Swedish Kronas in 2023. This growth, despite occasional fluctuations, shows a compound annual growth rate (CAGR) of 5.56% over the last five years. Year-on-year variations indicate a steady upward trend with notable spikes in certain years driven by economic incentives and infrastructural investments.

Looking ahead from 2024 to 2028, the forecasted data suggest the sector will continue to grow albeit at a slower pace, with a forecasted 5-year CAGR of 3.09% and a total growth rate of 16.43%. Key factors to monitor include government infrastructure policies, technological advancements, and potential economic challenges that could impact the overall production rate.

Future trends to watch for:

• Increasing investment in sustainable and innovative construction techniques.
• Potential impact of regulatory changes on project timelines and costs.
• Market adaptations to digitalization and automation in civil engineering processes.
• Economic volatility and its potential impact on funding and resource availability.