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Construction in Austria - Key Trends and Opportunities to 2020

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Date: 31-Mar-2016
No. of pages: 77
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Synopsis

In 2014, construction activity in Austria was weak due to a deteriorating business environment and weak economic performance. The country's construction industry consequently contracted by 1.5% in output value in 2014 measured at constant 2010 US dollar exchange rates. This was preceded by an annual growth rate of 0.3% in real terms in 2013.

However, due to recovery in economic conditions, the government increased its spending on infrastructure development under the Austrian Development Policy 2013-2015. Consequently, the industry recovered somewhat in 2015, and grew by 0.3% in real terms.

The industry's forecast-period (2016-2020) outlook is better than its review-period (2011-2015) performance, with its average annual growth in real terms set to accelerate from 0.03% during the review period to 1.17% over the forecast period.

This increase will be due to a rise in government investment, the anticipated recovery in regional and global economic conditions, and improvements in both consumer and investor confidence.

Summary

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


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

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

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

  • •Profiles of the leading operators in the Austrian construction industry

  • Data highlights of the largest construction projects in Austria


Scope

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


  • •Historical (2011-2015) and forecast (2016-2020) valuations of the construction industry in Austria 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 Austria


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


  • •With the aim of providing a better quality of life to the rural populace, the government launched the Austrian Rural Development Program (RDP) 2014-2020. Under this program, the government aims to develop agricultural, transport, energy and infrastructure for an expected investment of EUR15.4 billion (US$21.0 billion) by 2020.

  • •The residential construction market is expected to benefit from the country's rising migrant population. According to Statistics Austria, migration rose from 151,280 individuals in 2013 to 170,115 in 2014. Vienna remained the prime destination, accounting for 39.0% of international arrivals, followed by Upper Austria and Lower Austria with 13.0% and 12.3% respectively. Due to the rise in migration, the government introduced the Red-White-Red Card scheme in 2011, under which non-Europeans can settle in Austria permanently. This will increase the demand for residential units over the forecast period.

  • •With the aim of reducing travel times and increasing trade between neighboring countries, the government is planning to expand its cross-border road and rail networks. In 2014, it signed an agreement with Hungary to increase the number of cross-border roads from 29 in 2014 to 40 by 2020, and in 2015 it announced plans to modernize the country's two cross-border rail networks, connecting Hungary to Austria, for an investment of EUR216.0 million (US$295.2 million) by 2020.

  • •Under the Energy Strategy Austria policy, the government aims to increase the share of renewables in the country's total energy mix from 32.6% in 2014 to 34.0% by 2020. Under this policy, the government also aims to reduce 16.0% of greenhouse gases emissions by 2020. Accordingly, the government is planning to increase the installed capacity of wind energy by 23.1%, going from 2,095.0MW in 2014 to 2,578.0MW by 2020. The government also aims to increase the capacity of solar photovoltaic energy to 750.0MW, and hydropower to 7,707.0MW by 2020.

  • To support economic development and growth, the government launched the 100Mbps for all by 2020 strategy in 2015. Through this, the government aims to create investment opportunities, and ensure social and economic inclusion. Accordingly, the government is planning to equip all households with an internet connection speed of 100Mbps by 2020. The government allocated EUR1.0 billion (US$1.4 billion) under this program for the construction of related infrastructure by 2020. This will support construction activity in the telecommunications category.

Construction in Austria - 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: Strabag SE
5.1 Strabag SE - Company Overview
5.2 Strabag SE - Business Description
5.3 Strabag SE - Main Products and Services
5.4 Strabag SE - History
5.5 Strabag SE - Company Information
5.5.1 Strabag SE - key competitors
5.5.2 Strabag SE - key employees

6 Company Profile: Allgemeine Baugesellschaft - A. Porr AG
6.1 Allgemeine Baugesellschaft - A. Porr AG - Company Overview
6.2 Allgemeine Baugesellschaft - A. Porr AG - Business Description
6.3 Allgemeine Baugesellschaft - A. Porr AG - Main Services
6.4 Allgemeine Baugesellschaft - A. Porr AG - History
6.5 Allgemeine Baugesellschaft - A. Porr AG - Company Information
6.5.1 Allgemeine Baugesellschaft - A. Porr AG - key competitors
6.5.2 Allgemeine Baugesellschaft - A. Porr AG - key employees

7 Company Profile: Swietelsky Baugesellschaft m.b.H.
7.1 Swietelsky Baugesellschaft m.b.H. - Company Overview
7.2 Swietelsky Baugesellschaft m.b.H. - Business Description
7.3 Swietelsky Baugesellschaft m.b.H. - Main Products and Services
7.4 Swietelsky Baugesellschaft m.b.H. - History
7.5 Swietelsky Baugesellschaft m.b.H. - Company Information
7.5.1 Swietelsky Baugesellschaft m.b.H. - key competitors
7.5.2 Swietelsky Baugesellschaft m.b.H. - key employees

8 Company Profile: Waagner-Biro AG
8.1 Waagner-Biro AG - Company Overview
8.2 Waagner-Biro AG - Business Description
8.3 Waagner-Biro AG - Main Products and Services
8.4 Waagner-Biro AG - History
8.5 Waagner-Biro AG - Company Information
8.5.1 Waagner-Biro AG - key competitors
8.5.2 Waagner-Biro AG - key employees

9 Company Profile: UBM Development AG
9.1 UBM Development AG - Company Overview
9.2 UBM Development AG - Main Services
9.3 UBM Development AG - History
9.4 UBM Development AG - Company Information
9.4.1 UBM Development AG - key competitors
9.4.2 UBM Development AG - 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: Austrian Construction Output by Project Type (EUR Million), 2011-2015
Table 2: Austrian Construction Output by Project Type (EUR Million), 2015-2020
Table 3: Austrian Construction Output by Cost Type (EUR Million), 2011-2015
Table 4: Austrian Construction Output by Cost Type (EUR Million), 2015-2020
Table 5: Austrian Construction Output by Activity Type (EUR Million), 2011-2015
Table 6: Austrian Construction Output by Activity Type (EUR Million), 2015-2020
Table 7: Austrian Construction Value Add by Project Type (EUR Million), 2011-2015
Table 8: Austrian Construction Value Add by Project Type (EUR Million), 2015-2020
Table 9: Austrian Commercial Construction Output by Project Type (EUR Million), 2011-2015
Table 10: Austrian Commercial Construction Output by Project Type (EUR Million), 2015-2020
Table 11: Austrian Commercial Construction Output by Cost Type (EUR Million), 2011-2015
Table 12: Austrian Commercial Construction Output by Cost Type (EUR Million), 2015-2020
Table 13: Austrian Commercial Construction Output by Activity Type (EUR Million), 2011-2015
Table 14: Austrian Commercial Construction Output by Activity Type (EUR Million), 2015-2020
Table 15: Austrian Commercial Construction Value Add by Project Type (EUR Million), 2011-2015
Table 16: Austrian Commercial Construction Value Add by Project Type (EUR Million), 2015-2020
Table 17: Austrian Industrial Construction Output by Project Type (EUR Million), 2011-2015
Table 18: Austrian Industrial Construction Output by Project Type (EUR Million), 2015-2020
Table 19: Austrian Industrial Construction Output by Cost Type (EUR Million), 2011-2015
Table 20: Austrian Industrial Construction Output by Cost Type (EUR Million), 2015-2020
Table 21: Austrian Industrial Construction Output by Activity Type (EUR Million), 2011-2015
Table 22: Austrian Industrial Construction Output by Activity Type (EUR Million), 2015-2020
Table 23: Austrian Industrial Construction Value Add by Project Type (EUR Million), 2011-2015
Table 24: Austrian Industrial Construction Value Add by Project Type (EUR Million), 2015-2020
Table 25: Austrian Infrastructure Construction Output by Project Type (EUR Million), 2011-2015
Table 26: Austrian Infrastructure Construction Output by Project Type (EUR Million), 2015-2020
Table 27: Austrian Infrastructure Construction Output by Cost Type (EUR Million), 2011-2015
Table 28: Austrian Infrastructure Construction Output by Cost Type (EUR Million), 2015-2020
Table 29: Austrian Infrastructure Construction Output by Activity Type (EUR Million), 2011-2015
Table 30: Austrian Infrastructure Construction Output by Activity Type (EUR Million), 2015-2020
Table 31: Austrian Infrastructure Construction Value Add by Project Type (EUR Million), 2011-2015
Table 32: Austrian Infrastructure Construction Value Add by Project Type (EUR Million), 2015-2020
Table 33: Austrian Energy and utilities Construction Output by Project Type (EUR Million), 2011-2015
Table 34: Austrian Energy and utilities Construction Output by Project Type (EUR Million), 2015-2020
Table 35: Austrian Energy and utilities Construction Output by Cost Type (EUR Million), 2011-2015
Table 36: Austrian Energy and utilities Construction Output by Cost Type (EUR Million), 2015-2020
Table 37: Austrian Energy and utilities Construction Output by Activity Type (EUR Million), 2011-2015
Table 38: Austrian Energy and utilities Construction Output by Activity Type (EUR Million), 2015-2020
Table 39: Austrian Energy and utilities Construction Value Add by Project Type (EUR Million), 2011-2015
Table 40: Austrian Energy and utilities Construction Value Add by Project Type (EUR Million), 2015-2020
Table 41: Austrian Institutional Construction Output by Project Type (EUR Million), 2011-2015
Table 42: Austrian Institutional Construction Output by Project Type (EUR Million), 2015-2020
Table 43: Austrian Institutional Construction Output by Cost Type (EUR Million), 2011-2015
Table 44: Austrian Institutional Construction Output by Cost Type (EUR Million), 2015-2020
Table 45: Austrian Institutional Construction Output by Activity Type (EUR Million), 2011-2015
Table 46: Austrian Institutional Construction Output by Activity Type (EUR Million), 2015-2020
Table 47: Austrian Institutional Construction Value Add by Project Type (EUR Million), 2011-2015
Table 48: Austrian Institutional Construction Value Add by Project Type (EUR Million), 2015-2020
Table 49: Austrian Residential Construction Output by Project Type (EUR Million), 2011-2015
Table 50: Austrian Residential Construction Output by Project Type (EUR Million), 2015-2020
Table 51: Austrian Residential Construction Output by Cost Type (EUR Million), 2011-2015
Table 52: Austrian Residential Construction Output by Cost Type (EUR Million), 2015-2020
Table 53: Austrian Residential Construction Output by Activity Type (EUR Million), 2011-2015
Table 54: Austrian Residential Construction Output by Activity Type (EUR Million), 2015-2020
Table 55: Austrian Residential Construction Value Add by Project Type (EUR Million), 2011-2015
Table 56: Austrian Residential Construction Value Add by Project Type (EUR Million), 2015-2020
Table 57: Strabag SE, Key Facts
Table 58: Strabag SE, Main Products and Services
Table 59: Strabag SE, History
Table 60: Strabag SE, Key Employees
Table 61: Allgemeine Baugesellschaft - A. Porr AG, Key Facts
Table 62: Allgemeine Baugesellschaft - A. Porr AG, Main Services
Table 63: Allgemeine Baugesellschaft - A. Porr AG, History
Table 64: Allgemeine Baugesellschaft - A. Porr AG, Key Employees
Table 65: Swietelsky Baugesellschaft m.b.H., Key Facts
Table 66: Swietelsky Baugesellschaft m.b.H., Main Products and Services
Table 67: Swietelsky Baugesellschaft m.b.H., History
Table 68: Swietelsky Baugesellschaft m.b.H., Key Employees
Table 69: Waagner-Biro AG, Key Facts
Table 70: Waagner-Biro AG, Main Products and Services
Table 71: Waagner-Biro AG, History
Table 72: Waagner-Biro AG, Key Employees
Table 73: UBM Development AG, Key Facts
Table 74: UBM Development AG, Main Services
Table 75: UBM Development AG, History
Table 76: UBM Development AG, Key Employees
Table 77: Timetric Construction Market Definitions

List of Figures

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

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