Forecast: Turnover of Construction of Bridges and Tunnels in Sweden

The turnover in the construction of bridges and tunnels in Sweden exhibited substantial fluctuations between 2013 and 2023. The sector reached its peak in 2015, driven by specific large-scale projects. Following a drastic dip in 2016, it rebounded, maintaining a stable average growth. In 2023, the turnover stood at 650.8 million euros, highlighting moderate growth from the previous years.

The year-on-year analysis indicates robust growth from 2019 to 2023, with notable increases in 2020 (23.29%) and 2021 (27.3%). The compound annual growth rate over the last five years stood at 13.88%, demonstrating a healthy expansion in the sector.

Looking ahead, projected figures for 2024 to 2028 suggest a steady growth trajectory, although at a more modest pace, with a 5-year CAGR of 3.26%. Key trends to watch include potential impacts from sustainability initiatives, advances in construction technology, and governmental infrastructure investments.

Top Countries about Civil Engineering