The turnover in the Specialized Construction Activities sector in Austria is forecasted to increase steadily from €30.46 billion in 2024 to €32.94 billion in 2028. In 2023, the turnover stood at €29.85 billion, which indicates a consistent upward trend. The year-on-year increases are as follows: 2.09% in 2024, 2.07% in 2025, 2.00% in 2026, 1.96% in 2027, and 1.88% in 2028. The Compound Annual Growth Rate (CAGR) from 2024 to 2028 is approximately 2.00%, showcasing a stable market performance over the forecast period.
Future trends to watch for in this sector include:
- Technological advancements improving efficiencies.
- Increased investment in sustainable construction practices.
- Growth in residential and non-residential building projects.
