REGIONAL REPORT Ӏ EUROPE
steel projects they account
for no fewer than nine of the remaining top 20 projects. Thus the Bantry Bay Green Energy Plant in Ireland is at the pre-planning stage and valued at $M 9,000. The Megaton 4000 MW Energy Park planned for Denmark is almost as large, at $M 8,700. In the UK, the Swansea Energy and Transport Hub Development is planned to cost $M7,972. The UK’s only other entry in the top 20 is the Woodsmith Potash Mine Infrastructure Development project, valued by the GD report at $M 4,170.
Among the top contractors
Residential
construction is projected to make up 43.4% of the region's total construction output in 2025
on such projects are STRABAG, Eiffage Construction, Exyte, Wastbygg Gruppen, Actividades de Construccion y Servicios, Vinci, John Paul Construction, Winvic Construction, and Denys.
RESIDENTIAL CONSTRUCTION Look at the construction forecast by sectors, residential construction is projected to make up 43.4% of the region's total construction output in 2025. “This plays a key role in shaping the industry,” says Hopgood. “While for infrastructure construction and commercial construction we now expect account for 21.5% and 15.7%
respectively. Declining building permits signal a slowdown in the residential construction sector, which is partly offset by non- residential construction projects.” The UK is expected to
account for 18.6% of Western Europe's construction output, and is expected to grow by 0.5% in 2025. Germany and France have 16.7% and 15.2% market share respectively of the region’s construction output. Countries like France, Norway, Sweden, Austria, Germany, Spain Ireland, and Finland are yet to return to their 2019 [i.e. pre-Covid] construction output levels.”
This article was compiled using select information from Global Data’s ‘Construction Market Size, Trends and Growth Forecasts by Regions and Countries to 2028, Q4 Update’ report, plus information from Global Data’s ‘Global Construction Outlook Update with a Focus on Europe, Middle East and Africa - 28/01/25’ webinar. The full report and access to the webinars can be purchased at:
www.globaldata.com
34 CRANES TODAY
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36 |
Page 37 |
Page 38 |
Page 39 |
Page 40 |
Page 41 |
Page 42 |
Page 43 |
Page 44 |
Page 45 |
Page 46 |
Page 47 |
Page 48 |
Page 49 |
Page 50 |
Page 51 |
Page 52 |
Page 53 |
Page 54 |
Page 55
