From 2013 to 2023, the turnover of the construction of bridges and tunnels in Germany exhibited varying growth patterns with periods of expansion and contraction. The turnover stood at 3.7 billion Euros in 2023. Significant growth occurred in 2018 and 2019 with spikes of 59.17% and 28.39% respectively, while contractions were noted in 2016 and 2020 with downturns of -7.72% and -11.19%. The CAGR over the past five years averaged at 16.67%. Forecasts indicate continued growth with a forecasted turnover of 6.13 billion Euros by 2028, representing a five-year CAGR of 7.92% and an overall growth rate of 46.38%.
Future trends to watch for include:
- Increased infrastructure investments from the German government
- Technological advancements leading to more efficient construction methods
- Potential economic disruptions impacting funding and project timelines
- Environmental regulations driving sustainable construction practices
