The forecasted hours worked in the construction of bridges and tunnels in Norway show a progressive increase from 2024 to 2028. Starting at 5.3979 million hours in 2024, the hours worked are expected to rise to 6.0779 million hours by 2028. This represents a steady growth rate over the five-year period. In 2023, the hours worked stood at approximately 5.230 million hours. Comparing year-on-year variations:
• 2024: 3.2% increase
• 2025: 3.2% increase
• 2026: 3.1% increase
• 2027: 2.9% increase
• 2028: 2.8% increase
The Compound Annual Growth Rate (CAGR) over the five-year forecast period is approximately 2.8%.
Future trends to watch for include potential regulatory changes, advancements in construction technology, and shifts in governmental infrastructure investment priorities, all of which may impact the forecasted growth in this sector.
