A key driver for the construction
market in Germany is the growing demand for housing
units. According to the Federal Office for Building and Regional
Planning, Germany requires about 350,000 new housing units per year by
2021. In 2018, the German government made an announcement regarding its
plan to construct around 1.5 million housing units by 2021.
Additionally, the high population growth in major cities and the
increase in immigrant influx will drive the increase in residential
This construction market research report also
provides an analysis of the most important trends expected to impact the
market outlook in Germany during the period 2019-2023. Technavio
classifies an emerging trend as a major factor that has the potential to
significantly impact the market and contribute to its growth or decline.
This report is available at a USD 1,000 discount for a limited time
market snapshot before purchasing
In this report, Technavio highlights the ongoing use of digital
technologies as one of the key trends in the construction market in
Construction market in Germany: Use of digital
The adoption of BIM in construction projects in Germany has resulted in
improved productivity, quality, work speed, and low cost for vendors. In
April 2013, the Federal Ministry of Transport and Digital Infrastructure
in Germany, founded the Construction of Major Projects Reform Commission
to improve public confidence in certain projects. This commission
assisted in developing solutions to enhance true-cost pricing, increase
cost transparency, augment efficiency, and facilitate timely completion
of significant projects.
“The development of standards is further assisting the adoption of
BIM in the construction industry. The Association of German Engineers
has been working on developing building standards VDI 2552 series for
BIM. VDI 2552 will become the German national BIM standard after
completion,” says a senior analyst at Technavio for research on
Construction market in Germany: Segmentation
This construction market analysis report segments the market in Germany
by end-user sectors (residential, public, and commercial) and by type
(renovation and modernization and new installations).
The residential segment held the largest construction market share in
2018, accounting for over 53% of the market. This end-user segment is
expected to dominate the market throughout the forecast period.
Of the two segments based on type, the renovation and modernization
segment held the largest construction market share in 2018, accounting
for nearly 62% of the market. This segment is anticipated to dominate
the market throughout the period 2019-2023.
Looking for more information on this market? Request
a free sample report
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.
Some of the key topics covered in the report include:
- Market ecosystem
- Market characteristics
- Market segmentation analysis
- Market definition
- Market size and forecast
Five Forces Analysis
- Regional comparison
- Key leading countries
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Competitive scenario
is a leading global technology research and advisory company. Their
research and analysis focuses 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 10,000 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.
If you are interested in more information, please contact our media team
at [email protected].
Media & Marketing Executive
+1 844 364 1100
UK: +44 203 893 3200