Forecast: Production in Construction of Roads and Railways Sector in Sweden

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.

Top Countries about Heavy Construction