The analysis of the European number of high-growth enterprises in civil engineering for 2024 shows Hungary leading with 951 enterprises, indicating robust growth in this sector. Italy and Portugal follow with 601 and 337 enterprises respectively, showcasing substantial industrial activity. The Czech Republic, Lithuania, and Romania also show strong figures, with significant year-on-year variations noted: Romania at 48.44%, Hungary at 32.03%, and Latvia at 27.7%. In contrast, Nordic countries like Norway and Iceland have fewer high-growth enterprises, with only 33 and 8 respectively in 2024.
Future trends to watch in Europe's civil engineering sector include:
- The continuing expansion in Hungary and Romania, driven by favorable economic conditions and investments.
- The growth potential in smaller markets like Latvia and Lithuania, as their increased variations indicate a rising trend.
- Potential challenges in Nordic regions, where growth remains limited, potentially due to market saturation or economic factors.
Top countries in Number of High Growth Enterprises in Civil Engineering by Country
| # | 10 Countries | Units (Enterprises) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Hungary | 951 | 2023 | +16.54% | +32.03% | View data |
| 2 | 2 Italy | 601 | 2023 | +6.56% | +10.92% | View data |
| 3 | 3 Portugal | 337 | 2023 | +15.81% | +7.94% | View data |
| 4 | 4 Czech Republic | 272 | 2023 | +2.65% | +10.04% | View data |
| 5 | 5 Lithuania | 237 | 2023 | +24.74% | +20.57% | View data |
| 6 | 6 Romania | 209 | 2023 | +13.59% | +48.44% | View data |
| 7 | 7 Latvia | 180 | 2023 | +20% | +27.7% | View data |
| 8 | 8 Slovakia | 78 | 2023 | +6.85% | +7.63% | View data |
| 9 | 9 Norway | 33 | 2023 | +6.45% | +1.92% | View data |
| 10 | 10 Iceland | 8 | 2023 | 0% | +5.92% | View data |
