Forecast: Turnover of Construction of Bridges and Tunnels in Austria

The turnover for the construction of bridges and tunnels in Austria has shown considerable volatility from 2013 to 2023. In 2023, the sector stood at 0.8264 billion euros, reflecting a declining trend over the past years. Year-on-year variations have been quite erratic, with notable high growth rates in 2014 (23.56%) and significant declines in 2015 (-67.48%). The sector demonstrated a negative average annual growth rate (CAGR) of -2.87% over the last five years. Forecasted data from 2024 to 2028 suggest a continued decreasing trend, with an estimated CAGR of -2.74%.

Future trends to watch for:

  • Potential government infrastructure initiatives which could reverse the downward trend.
  • Technological advancements in construction processes and materials.
  • Economic factors influencing public and private sector investment in large-scale projects.
  • Environmental regulations potentially impacting construction costs and methodologies.

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