In the past decade, the production value in Sweden's construction of roads and railways sector has shown fluctuations. The sector experienced significant growth from 2013 to 2015, reaching a peak in 2015, but saw a brief decline in 2016. Afterward, the trend stabilized, with smaller year-on-year variations. By 2023, the sector stood at 57.75 billion Swedish Kronas, marking a marginal increase over preceding years, indicating a stabilization trend.
Future forecasts suggest a steady growth trajectory, with modest increases expected each year. The projected Compound Annual Growth Rate (CAGR) of 0.43% over the next five years points to a mature and saturating market. By 2028, the sector is expected to reach 59.32 billion Swedish Kronas, signifying overall consistent but slow growth.
Future Trends to Watch For:
- Sustainable and green construction practices are likely to dominate the market as environmental concerns grow.
- Investments in smart infrastructure and technology integration could drive efficiency and future growth in the sector.