The Construction in Portugal - Key Trends and Opportunities to 2028 (H2 2024) report provides detailed market analysis, information, and insights into the Portuguese construction industry, including :
- The Portuguese construction industry's growth prospects by market, project type and construction activity
- Critical insight into the impact of industry trends and issues, as well as an analysis of key risks and opportunities in the Portuguese construction industry
- Analysis of the mega-project pipeline, focusing on development stages and participants, in addition to listings of major projects in the pipeline.
However, over the forecast period, the construction industry’s output is expected to recover and register an annual average growth of 2% between 2025 and 2028, supported by government investments in transport and energy infrastructure projects, coupled with private investments in commercial and housing projects. Growth will also be supported by the country’s transition to a net-zero economy, by accelerating the green transition efforts and reducing fuel dependencies. In March 2024, the European Commission (EC) has approved a EUR350 million ($371 million) funding to support manufacturing companies in Portugal that produce solar panels, batteries, heat pumps, and other renewable energy equipment. The funds released will be granted before the end of 2025 and will be financed through EC’s Recovery and Resilience Facility (RRF). Furthermore, the European Investment Bank (EIB) approved a funding of EUR3 billion ($3.2 billion) in June 2024 for the development of the high-speed line between Porto and Lisbon, which has a total estimated cost of EUR6.1 billion ($6.5 billion) and will be developed in two different phases by 2034. Growth in the long term will be supported by investments in hydrogen production plants. In April 2024, the EC has awarded EUR245 million ($259.7 million) to the MadoquaPower2X (MP2X), a green hydrogen plant in Sines, as a part of its first round of subsidies from its European Hydrogen Bank. The project which is scheduled for completion in 2028 in two different phases, is estimated to cost EUR3 billion ($3.2 billion).
Scope
This report provides a comprehensive analysis of the construction industry in Portugal. It provides :
- Historical (2019-2023) and forecast (2024-2028) valuations of the construction industry in Portugal, featuring details of key growth drivers.
- Segmentation by sector (commercial, industrial, infrastructure, energy and utilities, institutional and residential) and by sub-sector
- Analysis of the mega-project pipeline, including breakdowns by development stage across all sectors, and projected spending on projects in the existing pipeline.
- Listings of major projects, in addition to details of leading contractors and consultants
Reasons to Buy
- Identify and evaluate market opportunities using the analyst's standardized valuation and forecasting methodologies.
- Assess market growth potential at a micro-level with over 600 time-series data forecasts.
- Understand the latest industry and market trends.
- Formulate and validate strategy using the analyst's critical and actionable insight.
- Assess business risks, including cost, regulatory and competitive pressures.
- Evaluate competitive risk and success factors.
Table of Contents
1 Executive Summary2 Construction Industry: At-a-Glance6 Construction Market Data
3 Context
4 Construction Outlook
5 Key Industry Participants
7 Appendix
List of Tables
List of Figures
