The turnover in the Construction of Roads and Railways sector in Germany is forecasted to grow steadily from 2024 onwards. Starting from 31.92 Billion Euros in 2024, it is projected to reach 38.25 Billion Euros by 2028. This represents a compound annual growth rate (CAGR) of approximately 4.5% over the five-year period. Year-on-year growth rates from 2024 to 2028 show a consistent upward trend, with an average annual increase of around 4.5% per year.
In 2023, the turnover was recorded at 30.47 Billion Euros, denoting a significant rise in 2024, which suggests a robust market recovery or increased investment in infrastructure development.
Future trends to watch for:
Increased government investment in infrastructure projects such as the digitalization of road and railway construction.
Adoption of sustainable and green construction practices driven by regulatory changes and environmental conservation efforts.
Integration of advanced technologies like AI and IoT in construction processes to improve efficiency and safety.
Potential impacts of geopolitical events and economic uncertainties on project funding and timelines.
