Industry: Construction & Manufacturing | Publish Date: 25-Jun-2024 | No of Pages: 111 | No. of Tables: 78 | No. of Figures: 43 | Format: PDF | Report Code : N/A
The Poland Construction Market size was valued at USD 100.75 billion in 2023, and is predicted to reach USD 130.88 billion by 2030, at a CAGR of 2.9% from 2024 to 2030. The construction market, known interchangeably as infrastructure market, plays a crucial role in the economy, overseeing the entire lifecycle of diverse physical structures, encompassing infrastructure, buildings, and facilities. This industry undertakes a broad spectrum of projects, spanning from residential, commercial, and industrial developments to civil engineering and institutional infrastructure ventures. Collaboration among numerous stakeholders, including architects, engineers, contractors, suppliers, developers, investors, and government agencies, is indispensable for its functioning.
Positioned for growth, the industry is being propelled by an increased focus on environmentally sustainable practices, such as the incorporation of green building materials and energy-efficient designs. Additionally, factors such as the rising per capita income in emerging economies and low-interest rates in developed nations are expected to further drive the expansion of the Poland constructionmarket trend.
The construction market in this nation is currently witnessing significant market expansion, primarily fueled by a notable surge in investments in large-scale projects and infrastructure development. Notable examples from 2023 include the Rybnik Gas Fired Power Plant (882 MW), A2 Motorway: Sidelle to Biala Podlaska, DK-8 Road Upgrade: Bialystok-Augustow, Wroclaw Oncology Hospital, and Ogrody Geyera Apartment Complex. These flagship projects play a pivotal role in driving the growth of the market within the country, signalling a prosperous outlook for the industry.
The construction market in this region is experiencing a surge in investments, serving as a key driver propelling its growth trajectory. According to data from the Global Infrastructure Hub, infrastructure investments in the infrastructure sector surged to USD 20 billion in 2023.
Notably, the energy sector claimed the largest share with USD 6.7 billion, followed by the telecommunications sector with USD 3.7 billion. This upward trend in investments is expected to persist, fostering continued expansion and advancement in the infrastructure market, setting the stage for further growth opportunities.
In the construction market, overcoming regulatory complexities poses a significant challenge. Infrastructure projects often encounter obstacles due to the intricate web of government regulations and permitting procedures. Infrastructure endeavours demand numerous permits and approvals from governmental bodies at local, regional, and national levels.
These mandates encompass adherence to zoning regulations, environmental assessments, compliance with building codes, safety standards, and various regulatory stipulations. The lengthy process of acquiring permits, bureaucratic inefficiencies, and disparities in regulations among different jurisdictions can substantially prolong project timelines and inflate costs. Furthermore, fluctuations in regulations or unexpected policy changes can disrupt ongoing projects and deter potential investments.
The construction market is undergoing a phase with the integration of digital transformation and the adoption of Building Information Modeling (BIM). By leveraging advanced technologies such as BIM, efficiency, accuracy, and collaboration across diverse projects are enhanced.
BIM, a sophisticated 3D modeling tool, empowers stakeholders to generate and manage digital representations of structures and infrastructure, facilitating improved coordination and communication among project teams.
By addressing the inadequacy of digitalization within the Poland infrastructure sector, the initiative seeks to streamline lifecycle work processes, making them more efficient, cost-effective, resilient, and safer for infrastructure and maintenance.
The key market players operating in the Poland construction industry include China State Construction Engineering Corp. Ltd. (CSCEC), China Railway Group Ltd. (CREC), China Railway Construction Corp. Ltd. (CRCC), China Communications Construction Group Ltd. (CCCC), Metallurgical Corporation of China Ltd. (MCC), Power Construction Corp. of China, Vinci SA, China Energy Engineering Corp. (CEEC), Shanghai Construction Group (SCG), Bouygues Group, and others.
Renovation
New Construction
Real Estate
Residential
Affordable
Luxury
Commercial
Retail Buildings
Office Buildings
Hospitality
Healthcare Facilities
Educational Institutes
Entertainment Ventures
Infrastructure
Transportation
Airport
Port
Rail
Road
Water and Wastewater
Energy
Telecommunication
Manufacturing Plant
Warehouses
Power Plants
Oil Refineries
Chemical Plants
REPORT SCOPE AND SEGMENTATION:
Parameters |
Details |
Market Size in 2023 |
USD 100.75 Billion |
Revenue Forecast in 2030 |
USD 130.88 Billion |
Growth Rate |
CAGR of 2.9% from 2024 to 2030 |
Analysis Period |
2023–2030 |
Base Year Considered |
2023 |
Forecast Period |
2024–2030 |
Market Size Estimation |
Billion (USD) |
Growth Factors |
|
Companies Profiled |
10 |
Market Share |
Available for 10 companies |
Customization Scope |
Free customization (equivalent up to 80 working hours of analysts) after purchase. Addition or alteration to country, regional, and segment scope. |
Pricing and Purchase Options |
Avail customized purchase options to meet your exact research needs. |
China State Construction Engineering Corp. Ltd. (CSCEC)
China Railway Group Ltd. (CREC)
China Railway Construction Corp. Ltd. (CRCC)
China Communications Construction Group Ltd. (CCCC)
Metallurgical Corporation of China Ltd. (MCC)
Power Construction Corp. of China
Vinci SA
China Energy Engineering Corp. (CEEC)
Shanghai Construction Group (SCG)
Bouygues Group