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Germany Construction Market Trends

Report ID: GMI6309
Published Date: Jul 2023
Report Format: PDF

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Germany Construction Market Trends

The Germany construction industry is witnessing an increasing focus on sustainable and green building practices. As environmental awareness grows, construction companies are adopting eco-friendly materials, energy-efficient designs, and renewable energy solutions. Green building certifications and regulations encourage sustainable construction projects, reflecting the industry's commitment to environmental responsibility and meeting the demand for eco-friendly structures.

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The market size for construction in Germany reached USD 244.2 billion in 2022 and is set record over 5.5% CAGR from 2023 to 2032, due to the higher adoption of advanced technologies and digital solutions to transform traditional construction practices in the country.

The residential construction segment held approximately 15% of the Germany construction market share in 2022 and will surpass USD 80 billion by 2032, owing to the strong demand for housing.

The private end use segment held 69.24% of the market share in 2022, due to the high demand for commercial and industrial spaces.

Acciona, ACS, allkauf Haus, CRH Plc, GOLDBECK GmbH, Ronesans Holding, TRAPP Construction International GmbH, WOLFF, and Müller Ltd. & Co. KG are some of the major participants in the market.