Germany Commercial Construction Market Introduction and Overview
According to SPER Market Research, the Germany Commercial Construction Market is estimated to reach USD XX billion by 2033 with a CAGR of 4.55%.
The report includes an in-depth analysis of the Germany Commercial Construction Market, including market size and trends, product mix, applications, and supplier analysis. Buildings and amenities that can be utilised for commercial purposes, such as restaurants, hotels, office buildings, retail establishments, shopping centres, and medical facilities, are referred to as commercial construction. Typically, the goal of commercial construction projects is to maximise revenues.
Market Opportunities and Challenges
Over the course of the projection period, the German commercial construction market is likely to create opportunities for expansion that will intensify market competition. Growing green building development in Germany is helping to fuel the country's commercial construction industry's expansion. To lessen the building's influence on the environment, resources are used effectively throughout the building's life cycle in green buildings. Moreover, recyclable materials make up the building's waste products that are released into the environment. Another important reason that is giving the market lucrative growth potential is the rapid digitalization of the commercial building sector. Key digitalization tools utilised in the market include the deployment of drones to monitor construction sites, monitoring systems for construction equipment, and the application of BIM (building information modelling). The acceleration of digital transformation in Germany has led to a surge in the development of smart cities, which is boosting the expansion of the market. The country's economic expansion has led to an increase in the building of office buildings and retail complexes, which has increased demand for commercial construction services.
One of the main issues preventing the construction industry's expansion is a labour shortage. There is a great need for both expert and unskilled labour in this business. Due to the inability of vendors in the construction industry to obtain a sufficient number of skilled workers, this scarcity is especially pronounced in the case of skilled workers. Because there is a shortage of experts, site managers, and plumbers, businesses must decline new orders even as the need for building grows. One of the major problems impeding the market's growth throughout the predicted period is the shortage of competent labour.
Market Competitive Landscape
The commercial construction market in Germany is characterized by intense competition, with both prominent local and international entities contributing to a robust competitive landscape. Despite the dominant presence of major players, the sector remains accessible to small and medium-sized enterprises, thanks to the continuous government investments in the industry. As the German government continues to allocate funds to the sector, there are ample opportunities for growth, further intensifying competition in the market. The absence of apparent consolidation levels indicates that large players are actively vying against each other, striving to secure a substantial share in the German construction market. Among the leading businesses are AUG. PRIEN GmbH, Dechant Hoch- Und Ingenieurbau GmbH, Ed. Zueblin AG, GOLDBECK GmbH, Gottlob Brodbeck GmbH & Co. KG, HOCHTIEF Aktiengesellschaft, Josef Pfaffinger Bauunternehmung GmbH, KLEBL GmbH, LEONHARD WEISS-Group, STRABAG International GmbH, Others.
Scope of the Report:
Report Metric | Details |
Market size available for years | 2019-2033 |
Base year considered | 2022 |
Forecast period | 2023-2033 |
Segments covered | By Sector, By End User
|
Regions covered | Central Region, Northern Region, Southern Region, Western Region
|
Companies Covered | AUG. PRIEN GmbH, Dechant Hoch- Und Ingenieurbau GmbH, Ed. Zueblin AG, GOLDBECK GmbH, Gottlob Brodbeck GmbH & Co. KG, HOCHTIEF Aktiengesellschaft, Josef Pfaffinger Bauunternehmung GmbH, KLEBL GmbH, LEONHARD WEISS-Group, STRABAG International GmbH, Others
|
COVID-19 Impact on Germany Commercial Construction Market
The COVID-19 epidemic had a major effect on the German commercial construction industry, delaying project completion dates and causing disruptions. Project delays affected both small and major businesses due to lockdown procedures, disruptions in the supply chain, and labour issues. Investment decisions were further impacted by shifting corporate goals and economic landscape uncertainty. 2020 saw a decline in the market despite government stimulus plans. In the post-pandemic picture, there are prospects for growth in the commercial construction industry as Germany navigates the recovery phase. This is due to factors such as fresh investments, digitalization trends, and a focus on sustainable infrastructure.
Key Target Audience:
- Architects and Designers
- Construction Companies
- Developers and Investors
- Facility Managers and Property Owners
- Manufacturers and suppliers of construction materials such as steel, concrete, glass, and HVAC systems.
- Real Estate Brokers and Agents
- Retailers, office tenants, healthcare providers, and other end-users of commercial buildings.
- Others
Our in-depth analysis of the Germany Commercial Construction Market includes the following segments:
By Sector: |
Public
Private
|
By End User: |
Hospitality Construction
Institutional Construction
Office Building Construction
Retail Construction
Others
|
By Region: |
Central Region
Northern Region
Southern Region
Western Region
|
Key Topics Covered in the Report:
- Germany Commercial Construction Market Size (FY’2023-FY’2033)
- Overview of Germany Commercial Construction Market
- Segmentation of Germany Commercial Construction Market By Sector (Public, Private)
- Segmentation of Germany Commercial Construction Market By End User (Hospitality Construction, Institutional Construction, Office Building Construction, Retail Construction, Others)
- Statistical Snap of Germany Commercial Construction Market
- Expansion Analysis of Germany Commercial Construction Market
- Problems and Obstacles in Germany Commercial Construction Market
- Competitive Landscape in the Germany Commercial Construction Market
- Impact of COVID-19 and Demonetization on Germany Commercial Construction Market
- Details on Current Investment in Germany Commercial Construction Market
- Competitive Analysis of Germany Commercial Construction Market
- Prominent Players in the Germany Commercial Construction Market
- SWOT Analysis of Germany Commercial Construction Market
- Germany Commercial Construction Market Future Outlook and Projections (FY’2023-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the Germany Commercial Construction Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Germany Commercial Construction Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Germany Commercial Construction Market
7. Germany Commercial Construction Market, By Sector (USD Million)
7.1. Germany Commercial Construction Market Value Share and Forecast, By Sector, 2023-2033
7.2. Public
7.3. Private
8. Germany Commercial Construction Market, By End User (USD Million)
8.1. Germany Commercial Construction Market Value Share and Forecast, By End User, 2023-2033
8.2. Hospitality Construction
8.3. Institutional Construction
8.4. Office Building Construction
8.5. Retail Construction
8.6. Others
9. Germany Commercial Construction Market Forecast, 2019-2033 (USD Million)
9.1. Germany Commercial Construction Market Size and Market Share
10. Germany Commercial Construction Market, By Sector, 2019-2033 (USD Million)
10.1. Germany Commercial Construction Market Size and Market Share By Sector (2019-2026)
10.2. Germany Commercial Construction Market Size and Market Share By Sector (2027-2033)
11. Germany Commercial Construction Market, By End User, 2019-2033 (USD Million)
11.1. Germany Commercial Construction Market Size and Market Share By End User (2019-2026)
11.2. Germany Commercial Construction Market Size and Market Share By End User (2027-2033)
12. Germany Commercial Construction Market, By Region, 2019-2033 (USD Million)
12.1. Germany Commercial Construction Market Size and Market Share By Region (2019-2026)
12.2. Germany Commercial Construction Market Size and Market Share By Region (2027-2033)
12.3. Central Region
12.4. Northern Region
12.5. Southern Region
12.6. Western Region
13. Company Profile
13.1. AUG. PRIEN GmbH
13.1.1. Company details
13.1.2. Financial outlook
13.1.3. Product summary
13.1.4. Recent developments
13.2. Dechant Hoch- Und Ingenieurbau GmbH
13.2.1. Company details
13.2.2. Financial outlook
13.2.3. Product summary
13.2.4. Recent developments
13.3. Ed. Zueblin AG
13.3.1. Company details
13.3.2. Financial outlook
13.3.3. Product summary
13.3.4. Recent developments
13.4. GOLDBECK GmbH
13.4.1. Company details
13.4.2. Financial outlook
13.4.3. Product summary
13.4.4. Recent developments
13.5. Gottlob Brodbeck GmbH & Co. KG
13.5.1. Company details
13.5.2. Financial outlook
13.5.3. Product summary
13.5.4. Recent developments
13.6. HOCHTIEF Aktiengesellschaft
13.6.1. Company details
13.6.2. Financial outlook
13.6.3. Product summary
13.6.4. Recent developments
13.7. Josef Pfaffinger Bauunternehmung GmbH
13.7.1. Company details
13.7.2. Financial outlook
13.7.3. Product summary
13.7.4. Recent developments
13.8. KLEBL GmbH
13.8.1. Company details
13.8.2. Financial outlook
13.8.3. Product summary
13.8.4. Recent developments
13.9. LEONHARD WEISS-Group
13.9.1. Company details
13.9.2. Financial outlook
13.9.3. Product summary
13.9.4. Recent developments
13.10. STRABAG International GmbH
13.10.1. Company details
13.10.2. Financial outlook
13.10.3. Product summary
13.11. Others
14. List of Abbreviations
15. Reference Links
16. Conclusion
17. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.