Construction Market in Germany 2019-2023
|発行||TechNavio (Infiniti Research Ltd.)||商品コード||332618|
|出版日||ページ情報||英文 110 Pages
ドイツの建設業界は、BIMなどの新しいデジタル技術を採用しています。 BIMとは、建物とその資産のデジタル画像を生成する3Dモデリングツールです。この技術の採用により、ドイツの建設会社は生産性、作業スピード、品質を向上させることができました。主要プロジェクト改革委員会の提言により、すべての輸送プロジェクトは2020年末までにBIMを使用しなければなりません。2015年2月、ドイツの建設業界でBIMの実施を合理化するためにPlanen Bauen 4.0が考案されました。建設市場におけるBIMの導入は、コスト効率の向上に役立ちます。従って、ドイツの建設市場におけるデジタル技術の継続的な使用は、予測期間中に市場の成長を促進する見通しです。 Technavioのアナリストは、ドイツの建設市場が2023年までに約5％のCAGRで成長すると予測しています。
The construction industry in Germany is increasingly adopting new digital technologies such as BIM. BIM is a 3D modeling tool that generates a digital image of a building and its assets. The adoption of this technology has allowed the construction companies in Germany to improve their productivity, work speed, and quality. As per the recommendations provided by the Construction of Major Projects Reform Commission, all transportation projects must use BIM by the end of 2020. In February 2015, Planen Bauen 4.0 was formed to streamline the implementation of BIM in the German construction industry. The implementation of BIM in the construction market will help in achieving cost efficiencies. Thus, the ongoing use of digital technologies in the construction market in Germany will drive the growth of the market during the forecast period. Technavio's analysts have predicted that the construction market in Germany will register a CAGR of almost 5% by 2023.
The residential property market in Germany has been growing rapidly. The population in large cities of Germany such as Cologne, Frankfurt, Hamburg, Berlin, and Munich have been increasing. Also, Germany is one of the healthiest economies in Europe, which have attracted several immigrants into the country. This have resulted in a housing supply demand gap. The German government intends to build 1.5 million housing units by 2021 to close this gap. This will lead to increasing construction activities during the forecast period, which will lead to growth of the construction market in Germany.
The price of raw materials used in construction such as metals, wood, lime, plaster and concrete has been increasing. The rising cost of specialized services such as metal construction work, plumbing work, and HVAC add to the increasing cost of construction. The operating costs of the construction industry in Germany is also increasing due to rising labor costs. Thus, the rising cost of construction will hamper the growth of the market in Germany during the next five years.
For the detailed list of factors that will drive and challenge the growth of the construction market in Germany during 2019-2023, view our report.
The market appears to be fragmented and with the presence of several companies including BAUER Group, and Bilfinger the competitive environment is quite intense. Factors such as the increasing demand for housing projects, will provide considerable growth opportunities to the construction companies in Germany. BAUER Group, Bilfinger, HOCHTIEF, Max Bogl Group, STRABAG, and Stumpf Group are some of the major companies covered in this report.