The Construction in Spain - Key Trends and Opportunities to 2028 (Q3 2024) report provides detailed market analysis, information, and insights into the Spanish construction industry, including:
- The Spanish 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 Spanish construction industry
- Analysis of the mega-project pipeline, focusing on development stages and participants, in addition to listings of major projects in the pipeline.
Over the remainder of the forecast period, the construction industry's output is expected to grow at an annual average rate of 3% between 2025 and 2028, supported by investments in the energy, transportation, housing, and industrial sectors. The forecast period growth will be supported by National Energy and Climate Plan (NECP), under which the government aims to have 214GW of total installed capacity of electricity by 2030. This includes 76GW of photovoltaic power, 62GW of wind power, 22GW of storage capacity, 4.8GW of solar thermal power, and 1.4GW of biomass power with an estimated investment of EUR294 billion ($300.2 billion) from 2023 to 2030. The government also aims to develop up to 3GW of floating wind farms and 60MW of various types of marine energy by 2030. Moreover, in order to become carbon neutral by 2050, the government plans to reduce greenhouse gas (GHG) emissions by 90% by 2050 compared to 1990, under the Long-Term Decarbonization Strategy 2050 (ELP 2050).
Scope
This report provides a comprehensive analysis of the construction industry in Spain. It provides:
- Historical (2019-2023) and forecast (2024-2028) valuations of the construction industry in Spain, 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