Construction Market in Germany 2019-2023 | Evolving Opportunities with BAUER Group and Bilfinger | Technavio

LONDON–(BUSINESS WIRE)–#CapitalGoods–Technavio has been monitoring the construction market in Germany since 2015 and the market is poised to grow by USD 91.28 billion during 2019-2023, progressing at a CAGR of almost 5% during the forecast period. Request Free Sample Pages

Read the 109-page research report with TOC on “Construction Market in Germany Analysis Report by End-user (Residential, Commercial, and Public), by Type (Renovation and modernization, and New installations), and Segment Forecasts, 2019 – 2023”.

The growing demand for housing units and ongoing use of digital technologies is anticipated to boost the growth of the market.

In 2018, the German government made an announcement regarding its plan to construct around 1.5 million housing units by 2021. This is because Germany would require about 350,000 new housing units per year by 2021 as per the Federal Office for Building and Regional Planning. The rise in population in major cities and increase in the number of immigrants is propelling the need for new residential infrastructure. In addition, the German residential property market appears highly attractive to investors because it is less volatile in comparison to the commercial property market. This is further driving the number of residential construction projects and demand for construction of new infrastructure. Thus, the growing demand for housing units is expected to drive market growth during the forecast period.

Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free.

View market snapshot before purchasing

Major Five Construction Market Companies in Germany:


BAUER Group is headquartered in Germany and operates the business under various segments such as Construction, Equipment, and Resources. The company offers civil engineering, environmental construction, and project development services.


Bilfinger is headquartered in Germany and offers products through the following business units: Engineering & Technologies, Maintenance, Modifications & Operations, and Other Operations. The company offers consulting, engineering, manufacturing, assembly, maintenance, and plant expansion services.


HOCHTIEF is headquartered in Germany and operates under various business segments, namely HOCHTIEF Americas, HOCHTIEF Asia Pacific, and HOCHTIEF Europe. The company offers design, financing, planning, insurance, and consulting services.


STRABAG is headquartered in Austria and offers products through the following business segments: NORTH + WEST, SOUTH + EAST, INTERNATIONAL + SPECIAL DIVISIONS, and OTHER. The company offers construction services for transportation infrastructures, building construction, and civil engineering.

Stumpf Group

Stumpf Group is headquartered in Austria and offers design, engineering and construction services under its brands, M+W Group and Exyte.

Register for a free trial today and gain instant access to 17,000+ market research reports. Technavio’s SUBSCRIPTION platform

Construction Market in Germany End-user Outlook (Revenue, USD Million, 2019 – 2023)

  • Residential
  • Commercial
  • Public

Construction Market in Germany Type Outlook (Revenue, USD Million, 2019 – 2023)

  • Renovation and modernization
  • New installations

Technavio’s sample reports are free of charge and contain multiple sections of the report, such as the market size and forecast, drivers, challenges, trends, and more. Request a free sample report

Related Reports on Industrials include:

Construction Machinery Market – Global Construction Machinery Market by geography (APAC, Europe, MEA, North America, and South America) and product (earthmoving machinery, material handling machinery, concrete and road construction machinery, and other machinery).

Construction Equipment Market in Europe – Construction Equipment Market in Europe by geography (Germany, France, the UK, and the Rest of Europe) and product (earthmovers, road equipment, concrete equipment, and cranes).

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.


Technavio Research

Jesse Maida

Media & Marketing Executive

US: +1 844 364 1100

UK: +44 203 893 3200