Austria Construction Market is Expected to Reach USD 67.52 Billion by 2030

Substantial government investment in infrastructure projects in Austria is driving the construction market growth during the forecast period.

The Austria Construction Market size was valued at USD 46.69 billion in 2024, and is predicted to reach USD 50.87 billion by the end of 2025. The industry is predicted to reach USD 67.52 billion by the end of 2030, at a CAGR of 5.8% from 2024 to 2030, according to new research by Next Move Strategy Consulting.

Austria's construction market continues to experience strong growth in 2024, driven by sustained government investment in infrastructure, particularly in renewable energy and power grid modernization. Under the Renewables Expansion Law actively implemented through 2024 the Austrian government is advancing its ambitious goal of achieving 100% renewable electricity production by 2030. 

To support this transition, the government has introduced a range of investment grants and subsidies aimed at accelerating the development of solar, wind, and biomass projects. These ongoing financial incentives are expected to generate significant investment across the sector throughout the decade, reinforcing Austria’s commitment to sustainable energy and infrastructure development.

Moreover, the construction industry in Austria continues to face significant challenges due to regulatory complexity. Projects experience delays because of intricate permitting processes at municipal, provincial, and national levels. These processes include strict adherence to zoning regulations, environmental assessments, building codes, and safety standards. For example, several major rail infrastructure projects have been postponed due to extended planning and approval phases. 

The requirement for environmental impact assessments in certain developments also adds time and cost to the process. Although initiatives such as Vienna's fully digitalized building permit application platform aim to streamline procedures, bureaucratic inefficiencies and inconsistent regulations across jurisdictions continue to hinder progress. These factors extend project timelines, increase costs, and limit the attractiveness of investments in the Austrian construction sector.

On the other hand, digital transformation is playing a key role in driving growth in Austria's construction industry, particularly through the widespread adoption of Building Information Modeling. BIM enables digital design, management, and simulation of infrastructure projects, improving precision, reducing errors, and strengthening collaboration among teams. This technology has become a vital component in enhancing productivity, avoiding delays, and using resources more efficiently. 

An important development in this area is the release of Allplan 2024 by ALLPLAN in April 2024, which expands BIM capabilities and supports cloud-based workflows. The combination of BIM with advanced technologies such as artificial intelligence, the Internet of Things, and cloud computing improves real-time data exchange, predictive maintenance, and facility management, reinforcing the industry's shift toward digitalization.

Request for a FREE Sample on Austria Construction Market

Several market players operating in the Austria construction industry include Strabag Se, Porr AG, Swietelsky AG, Habau Group, Leyrer + Graf Baugesellschaft m.b.H., Doka GmbH, Vasko + Partner Ingenieure, Webuild S.p.A., iC consulenten ZT GmbH, Bernard Gruppe, Pittel+Brausewetter GmbH, Felbermayr Holding GmbH, Alpen-Bau GmbH, Waagner-Biro, and Mischek Systembau GmbH, and others.

Key Insights from the Austria Construction Market Report:

• The information related to key drivers, restraints, and opportunities and their impact on the Austria construction market trends is provided in the report.

• The value chain analysis in the market study provides a clear picture of the roles of each stakeholder.

• The report provides the Austria construction market share of key players, along with a detailed competitive analysis.