Construction in Denmark - Key Trends and Opportunities to 2020

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Date: 11-Oct-2016
No. of pages: 73
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Synopsis

In real terms, the Danish construction industry registered limited growth during the review period (2011-2015), due to the financial crisis which affected investments in construction projects, particularly during 2012-2013.

The industry recovered somewhat in 2014, however, as a result of a gradual recovery in the economy and improving business confidence; the country's construction industry posted 2.6% of growth in real terms that year.

The industry is expected to expand over the forecast period (2016-2020), driven by improvements in investor confidence and subsequent public and private sector investments in residential, infrastructure, and energy and utilities construction projects.

The industry's growth over the forecast period will be supported by government efforts to balance supply and demand for housing. Additionally, government's focus on the development of the country's transport infrastructure is also expected to drive industry growth.

Summary

Timetric's Construction in Denmark - Key Trends and Opportunities to 2020 report provides detailed market analysis, information and insights into the Danish construction industry, including:


  • The Danish construction industry's growth prospects by market, project type and construction activity

  • Analysis of equipment, material and service costs for each project type in Denmark

  • Critical insight into the impact of industry trends and issues, and the risks and opportunities they present to participants in the Danish construction industry

  • Profiles of the leading operators in the Danish construction industry

  • Data highlights of the largest construction projects in Denmark


Scope

This report provides a comprehensive analysis of the construction industry in Denmark. It provides:


  • Historical (2011-2015) and forecast (2016-2020) valuations of the construction industry in Denmark using construction output and value-add methods

  • Segmentation by sector (commercial, industrial, infrastructure, energy and utilities, institutional and residential) and by project type

  • Breakdown of values within each project type, by type of activity (new construction, repair and maintenance, refurbishment and demolition) and by type of cost (materials, equipment and services)

  • Analysis of key construction industry issues, including regulation, cost management, funding and pricing

  • Detailed profiles of the leading construction companies in Denmark


Reasons To Buy


  • Identify and evaluate market opportunities using Timetric'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 Timetric's critical and actionable insight.

  • Assess business risks, including cost, regulatory and competitive pressures.

  • Evaluate competitive risk and success factors.


Key Highlights


  • The Municipality of Aarhus (MOA) announced plans to develop a residential project in Lisbjerg. The project involves a total investment of DKK6.7 billion (US$997.9 million), and includes the construction of 10,000 housing units, parking facilities, walkways and other related facilities.

  • To support investments in large-scale energy infrastructure projects, particularly biomass and offshore wind, Copenhagen Infrastructure Partners (CIP), an infrastructure fund management company, accumulated DKK14.9 billion (US$2.7 billion) under the Copenhagen Infrastructure II fund in 2015.

  • With an aim to meet rising demand for healthcare services in the country, in 2015 the government announced investments worth DKK49.8 billion (US$7.4 billion) for the implementation of healthcare infrastructure projects until 2020.

  • In a bid to support research and development activities in the country, the European Union (EU) provides financial assistance under the Europe Horizon 2020 program. Accordingly, in the first quarter of 2015, the EU allocated DKK592.0 billion (US$106.2 billion) to implement 300 research and innovation programs across the country.

  • According to the World Bank's Doing Business 2016 report, Denmark ranked third among 189 countries as one of the favorable places for doing business. This is attributed to factors such as the country's highly developed infrastructural facilities and availability of skilled labor. This is expected to further drive foreign investments into the country's construction industry over the forecast period.

Construction in Denmark - Key Trends and Opportunities to 2020

Table of Contents

1 Executive Summary

2 Industry Outlook
2.1 Commercial Construction
2.2 Industrial Construction
2.3 Infrastructure Construction
2.4 Energy and Utilities Construction
2.5 Institutional Construction
2.6 Residential Construction

3 Key Issues and Developments

4 Market Data Analysis
4.1 Construction Output and Value Add
4.1.1 Construction output by project type
4.1.2 Construction output by cost type
4.1.3 Construction output by activity type
4.1.4 Construction value add by project type
4.2 Commercial Construction
4.2.1 Commercial construction output by project type
4.2.2 Commercial construction output by cost type
4.2.3 Commercial construction output by activity type
4.2.4 Commercial construction value add by project type
4.3 Industrial Construction
4.3.1 Industrial construction output by project type
4.3.2 Industrial construction output by cost type
4.3.3 Industrial construction output by activity type
4.3.4 Industrial construction value add by project type
4.4 Infrastructure Construction
4.4.1 Infrastructure construction output by project type
4.4.2 Infrastructure construction output by cost type
4.4.3 Infrastructure construction output by activity type
4.4.4 Infrastructure construction value add by project type
4.5 Energy and Utilities Construction
4.5.1 Energy and utilities construction output by project type
4.5.2 Energy and utilities construction output by cost type
4.5.3 Energy and utilities construction output by activity type
4.5.4 Energy and utilities construction value add by project type
4.6 Institutional Construction
4.6.1 Institutional construction output by project type
4.6.2 Institutional construction output by cost type
4.6.3 Institutional construction output by activity type
4.6.4 Institutional construction value add by project type
4.7 Residential Construction
4.7.1 Residential construction output by project type
4.7.2 Residential construction output by cost type
4.7.3 Residential construction output by activity type
4.7.4 Residential construction value add by project type

5 Company Profile: MT Hojgaard AS
5.1 MT Hojgaard AS - Company Overview
5.2 MT Hojgaard AS - Main Services
5.3 MT Hojgaard AS - History
5.4 MT Hojgaard AS - Company Information
5.4.1 MT Hojgaard AS - key competitors
5.4.2 MT Hojgaard AS - key employees

6 Company Profile: Per Aarsleff AS
6.1 Per Aarsleff AS - Company Overview
6.2 Per Aarsleff AS - Business Description
6.3 Per Aarsleff AS - Main Services
6.4 Per Aarsleff AS - History
6.5 Per Aarsleff AS - Company Information
6.5.1 Per Aarsleff AS - key competitors
6.5.2 Per Aarsleff AS - key employees

7 Company Profile: Monberg & Thorsen AS
7.1 Monberg & Thorsen AS - Company Overview
7.2 Monberg & Thorsen AS - Main Products and Services
7.3 Monberg & Thorsen AS - History
7.4 Monberg & Thorsen AS - Company Information
7.4.1 Monberg & Thorsen AS - key competitors
7.4.2 Monberg & Thorsen AS - key employees

8 Company Profile: Hoejgaard Holding AS
8.1 Hoejgaard Holding AS - Company Overview
8.2 Hoejgaard Holding AS - Business Description
8.3 Hoejgaard Holding AS - Main Services
8.4 Hoejgaard Holding AS - History
8.5 Hoejgaard Holding AS - Company Information
8.5.1 Hoejgaard Holding AS - key competitors
8.5.2 Hoejgaard Holding AS - key employees

9 Company Profile: NCC Construction Denmark AS
9.1 NCC Construction Denmark AS - Company Overview
9.2 NCC Construction Denmark AS - Main Products and Services
9.3 NCC Construction Denmark AS - History
9.4 NCC Construction Denmark AS - Company Information
9.4.1 NCC Construction Denmark AS - key competitors
9.4.2 NCC Construction Denmark AS - key employees

10 Appendix
10.1 What is this Report About?
10.2 Definitions
10.3 Methodology
10.4 Contact Timetric
10.5 About Timetric
10.6 Timetric's Services
10.7 Disclaimer

List of Tables

Table 1: Danish Construction Output by Project Type (DKK Million), 2011-2015
Table 2: Danish Construction Output by Project Type (DKK Million), 2015-2020
Table 3: Danish Construction Output by Cost Type (DKK Million), 2011-2015
Table 4: Danish Construction Output by Cost Type (DKK Million), 2015-2020
Table 5: Danish Construction Output by Activity Type (DKK Million), 2011-2015
Table 6: Danish Construction Output by Activity Type (DKK Million), 2015-2020
Table 7: Danish Construction Value Add by Project Type (DKK Million), 2011-2015
Table 8: Danish Construction Value Add by Project Type (DKK Million), 2015-2020
Table 9: Danish Commercial Construction Output by Project Type (DKK Million), 2011-2015
Table 10: Danish Commercial Construction Output by Project Type (DKK Million), 2015-2020
Table 11: Danish Commercial Construction Output by Cost Type (DKK Million), 2011-2015
Table 12: Danish Commercial Construction Output by Cost Type (DKK Million), 2015-2020
Table 13: Danish Commercial Construction Output by Activity Type (DKK Million), 2011-2015
Table 14: Danish Commercial Construction Output by Activity Type (DKK Million), 2015-2020
Table 15: Danish Commercial Construction Value Add by Project Type (DKK Million), 2011-2015
Table 16: Danish Commercial Construction Value Add by Project Type (DKK Million), 2015-2020
Table 17: Danish Industrial Construction Output by Project Type (DKK Million), 2011-2015
Table 18: Danish Industrial Construction Output by Project Type (DKK Million), 2015-2020
Table 19: Danish Industrial Construction Output by Cost Type (DKK Million), 2011-2015
Table 20: Danish Industrial Construction Output by Cost Type (DKK Million), 2015-2020
Table 21: Danish Industrial Construction Output by Activity Type (DKK Million), 2011-2015
Table 22: Danish Industrial Construction Output by Activity Type (DKK Million), 2015-2020
Table 23: Danish Industrial Construction Value Add by Project Type (DKK Million), 2011-2015
Table 24: Danish Industrial Construction Value Add by Project Type (DKK Million), 2015-2020
Table 25: Danish Infrastructure Construction Output by Project Type (DKK Million), 2011-2015
Table 26: Danish Infrastructure Construction Output by Project Type (DKK Million), 2015-2020
Table 27: Danish Infrastructure Construction Output by Cost Type (DKK Million), 2011-2015
Table 28: Danish Infrastructure Construction Output by Cost Type (DKK Million), 2015-2020
Table 29: Danish Infrastructure Construction Output by Activity Type (DKK Million), 2011-2015
Table 30: Danish Infrastructure Construction Output by Activity Type (DKK Million), 2015-2020
Table 31: Danish Infrastructure Construction Value Add by Project Type (DKK Million), 2011-2015
Table 32: Danish Infrastructure Construction Value Add by Project Type (DKK Million), 2015-2020
Table 33: Danish Energy and Utilities Construction Output by Project Type (DKK Million), 2011-2015
Table 34: Danish Energy and Utilities Construction Output by Project Type (DKK Million), 2015-2020
Table 35: Danish Energy and Utilities Construction Output by Cost Type (DKK Million), 2011-2015
Table 36: Danish Energy and Utilities Construction Output by Cost Type (DKK Million), 2015-2020
Table 37: Danish Energy and Utilities Construction Output by Activity Type (DKK Million), 2011-2015
Table 38: Danish Energy and Utilities Construction Output by Activity Type (DKK Million), 2015-2020
Table 39: Danish Energy and Utilities Construction Value Add by Project Type (DKK Million), 2011-2015
Table 40: Danish Energy and Utilities Construction Value Add by Project Type (DKK Million), 2015-2020
Table 41: Danish Institutional Construction Output by Project Type (DKK Million), 2011-2015
Table 42: Danish Institutional Construction Output by Project Type (DKK Million), 2015-2020
Table 43: Danish Institutional Construction Output by Cost Type (DKK Million), 2011-2015
Table 44: Danish Institutional Construction Output by Cost Type (DKK Million), 2015-2020
Table 45: Danish Institutional Construction Output by Activity Type (DKK Million), 2011-2015
Table 46: Danish Institutional Construction Output by Activity Type (DKK Million), 2015-2020
Table 47: Danish Institutional Construction Value Add by Project Type (DKK Million), 2011-2015
Table 48: Danish Institutional Construction Value Add by Project Type (DKK Million), 2015-2020
Table 49: Danish Residential Construction Output by Project Type (DKK Million), 2011-2015
Table 50: Danish Residential Construction Output by Project Type (DKK Million), 2015-2020
Table 51: Danish Residential Construction Output by Cost Type (DKK Million), 2011-2015
Table 52: Danish Residential Construction Output by Cost Type (DKK Million), 2015-2020
Table 53: Danish Residential Construction Output by Activity Type (DKK Million), 2011-2015
Table 54: Danish Residential Construction Output by Activity Type (DKK Million), 2015-2020
Table 55: Danish Residential Construction Value Add by Project Type (DKK Million), 2011-2015
Table 56: Danish Residential Construction Value Add by Project Type (DKK Million), 2015-2020
Table 57: MT Hojgaard AS, Key Facts
Table 58: MT Hojgaard AS, Main Services
Table 59: MT Hojgaard AS, History
Table 60: MT Hojgaard AS, Key Employees
Table 61: Per Aarsleff AS, Key Facts
Table 62: Per Aarsleff AS, Main Services
Table 63: Per Aarsleff AS, History
Table 64: Per Aarsleff AS, Key Employees
Table 65: Monberg & Thorsen AS, Key Facts
Table 66: Monberg & Thorsen AS, Main Products and Services
Table 67: Monberg & Thorsen AS, History
Table 68: Monberg & Thorsen AS, Key Employees
Table 69: Hoejgaard Holding AS, Key Facts
Table 70: Hoejgaard Holding AS, Main Services
Table 71: Hoejgaard Holding AS, History
Table 72: Hoejgaard Holding AS, Key Employees
Table 73: NCC Construction Denmark AS, Key Facts
Table 74: NCC Construction Denmark AS, Main Products and Services
Table 75: NCC Construction Denmark AS, History
Table 76: NCC Construction Denmark AS, Key Employees
Table 77: Timetric Construction Market Definitions

List of Figures

Figure 1: Danish Construction Output (Real US$ 2010, Million), 2011-2020
Figure 2: Growth Matrix for Construction Output in Denmark (US$ Million), 2011-2020
Figure 3: Danish Construction Output by Project Type (DKK Million), 2011-2020
Figure 4: Danish Construction Output by Cost Type (DKK Million), 2011-2020
Figure 5: Danish Construction Output by Activity Type (DKK Million), 2011-2020
Figure 6: Danish Construction Value Add by Project Type (DKK Million), 2011-2020
Figure 7: Danish Commercial Construction Output by Project Type (DKK Million), 2011-2020
Figure 8: Danish Commercial Construction Output by Cost Type (DKK Million), 2011-2020
Figure 9: Danish Commercial Construction Output by Activity Type (DKK Million), 2011-2020
Figure 10: Danish Commercial Construction Value Add by Project Type (DKK Million), 2011-2020
Figure 11: Danish Industrial Construction Output by Project Type (DKK Million), 2011-2020
Figure 12: Danish Industrial Construction Output by Cost Type (DKK Million), 2011-2020
Figure 13: Danish Industrial Construction Output by Activity Type (DKK Million), 2011-2020
Figure 14: Danish Industrial Construction Value Add by Project Type (DKK Million), 2011-2020
Figure 15: Danish Infrastructure Construction Output by Project Type (DKK Million), 2011-2020
Figure 16: Danish Infrastructure Construction Output by Cost Type (DKK Million), 2011-2020
Figure 17: Danish Infrastructure Construction Output by Activity Type (DKK Million), 2011-2020
Figure 18: Danish Infrastructure Construction Value Add by Project Type (DKK Million), 2011-2020
Figure 19: Danish Energy and Utilities Construction Output by Project Type (DKK Million), 2011-2020
Figure 20: Danish Energy and Utilities Construction Output by Cost Type (DKK Million), 2011-2020
Figure 21: Danish Energy and Utilities Construction Output by Activity Type (DKK Million), 2011-2020
Figure 22: Danish Energy and Utilities Construction Value Add by Project Type (DKK Million), 2011-2020
Figure 23: Danish Institutional Construction Output by Project Type (DKK Million), 2011-2020
Figure 24: Danish Institutional Construction Output by Cost Type (DKK Million), 2011-2020
Figure 25: Danish Institutional Construction Output by Activity Type (DKK Million), 2011-2020
Figure 26: Danish Institutional Construction Value Add by Project Type (DKK Million), 2011-2020
Figure 27: Danish Residential Construction Output by Project Type (DKK Million), 2011-2020
Figure 28: Danish Residential Construction Output by Cost Type (DKK Million), 2011-2020
Figure 29: Danish Residential Construction Output by Activity Type (DKK Million), 2011-2020
Figure 30: Danish Residential Construction Value Add by Project Type (DKK Million), 2011-2020

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