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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Spain Construction Market Size
The market for Spain construction reached USD 180.80 billion in 2023. The market is projected to grow at a CAGR of 2.7% between 2024 and 2032, reaching almost USD 229.79 billion by 2032.
| Spain Construction Market Report Summary | Description | Value |
| Base Year | USD Billion | 2023 |
| Historical period | USD Billion | 2018-2023 |
| Forecast Period | USD Billion | 2024-2032 |
| Market Size 2023 | USD Billion | 180.8 |
| Market Size 2032 | USD Billion | 229.8 |
| CAGR 2018-2023 | USD Billion | XX% |
| CAGR 2024-2032 | USD Billion | 2.7% |
| CAGR 2024-2032 - Market by Region | Madrid | 3.3% |
| CAGR 2024-2032 - Market by Region | Valencian Community | 2.9% |
| CAGR 2024-2032 - Market by Type | Commericial | 3.0% |
| CAGR 2024-2032 - Market by Application | Renovation | 3.0% |
| Market Share by Region 2023 | Madrid | 21.2% |
Spain Construction Industry Outlook
- Madrid is expected to dominate the Spain construction industry over the forecast period.
- Green construction practices are expected to emerge as a key market trend in Spain.
- Residential construction is expected to witness increasing growth in the market with technological advancements.
Spain Construction Market Report Snapshots
Spain Construction Market Size
Spain Construction Market Growth
Spain Construction Market Trends
Spain Construction Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The market was valued at nearly USD 180.80 billion in 2023.
The market is projected to grow at a CAGR of 2.7% between 2024 and 2032.
The market is assessed to witness a healthy growth in the forecast period to reach around USD 229.79 billion in 2032.
The different construction types in the market include new construction and renovations.
The major end users of construction include commercial, residential, industrial, and institutional.
The major regions in the market include Andalusia, Catalonia, Madrid, Valencian Community, and rest of Spain.
The key market players are ACS, Actividades De Construccion Y Servicios, SA, Acciona SA, Fomento de Construcciones y Contratas SA, ELECNOR, S.A., Cobra Gestion De Infraestructuras, SLU, Ferrovial S.E., Obrascon Huarte Lain S.A., SACYR S.A., Grupo Empresarial San Jose SA, and Tecnicas Reunidas SA, among others.
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