Hungary Construction Market

Customize Now
Hungary Construction Market

Hungary Construction Market by Type (Renovation, and New Construction), by Sector (Real Estate, Infrastructure, and Industrial), by Construction Method (Traditional Construction, Prefabricated/Modular Construction, 3D Printed Construction, and Green/Sustainable Construction), and by Type of Contractor (Small Contractor, Medium Contractor, and Large Contractor) – Industry Trends and Forecast, 2025–2030

Industry: Construction & Manufacturing | Publish Date: 20-Sep-2025 | No of Pages: 81 | No. of Tables: 99 | No. of Figures: 56 | Format: PDF | Report Code : CM2210

Hungary Construction Industry Overview

The Hungary Construction Market size was valued at USD 12.97 billion in 2024, and is projected to grow to USD 14.76 billion by 2025. Additionally, the industry is expected to continue its growth trajectory, reaching USD 19.73 billion by 2030, with a CAGR of 6% from 2025 to 2030.

Hungary construction market is expanding steadily, bolstered by robust government spending and EU funding focused on power, energy, and transportation infrastructure. Major initiatives such as the Paks II Nuclear Power Plant and projects under the REPowerEU Plan highlight the country’s commitment to green energy and sustainable mobility, with investments in solar power, smart grids, and zero-emission public transport. 

However, the market faces challenges from complex regulatory procedures, which can delay project timelines and increase costs. Despite these barriers, the growing adoption of digital technologies, including Building Information Modeling (BIM), AI, and IoT, presents significant opportunities to improve project efficiency, collaboration, and overall infrastructure development.

Government Spending Drives Hungary Construction Market Trends

 

Hungary’s construction market is experiencing strong growth, largely supported by increased public investment and funding from European institutions. Government-led infrastructure initiatives are driving momentum across key segments, with renewed focus on energy systems, utilities, and transport networks. These investments are stimulating activity in both urban and regional areas, reinforcing the sector’s role in national development.

Strategic funding allocations are also aimed at accelerating the green and digital transition of the construction landscape. Public resources are being directed toward energy-efficient infrastructure and modern utility systems. These developments are positioning the construction sector as a key instrument in delivering long-term economic and environmental objectives.

 

Sustainable Transportation Initiatives Propel Hungary Construction Market Growth

 

The construction market in Hungary is increasingly driven by the government’s focus on sustainable transport. Infrastructure development strategies prioritize projects that improve mobility, reduce environmental impact, and support long-term regional connectivity. Public policies are aligning construction objectives with broader climate and emission reduction targets.

National and cross-border transportation improvements are being implemented with support from both domestic and EU-backed programs. Investments in low-emission transport infrastructure and modernized mobility systems are enhancing demand for advanced construction solutions. This trend is reshaping market dynamics and contributing to the sector’s resilience.

 

Regulatory Complexities Pose a Barrier to Hungary Construction Market Expansion

 

The construction sector in Hungary faces structural challenges arising from regulatory complexities. Infrastructure and real estate projects must navigate multiple layers of permitting, compliance requirements, and legal frameworks. These regulatory obligations can result in extended timelines and increased administrative burdens.

Variability in interpretation and application of rules across jurisdictions creates uncertainty for developers and investors. Shifts in policy or procedural changes can disrupt project planning and impact financial feasibility. Addressing these inefficiencies remains critical to unlocking the full potential of the construction market.

Integration of Digitalization and BIM Presents Lucrative Opportunity for Market Expansion

 

Digital transformation is creating new growth opportunities in Hungary’s construction sector. The adoption of digital tools, particularly Building Information Modeling (BIM), is improving design accuracy, resource efficiency, and project coordination. These innovations are becoming central to modern construction workflows and compliance processes.

As digital infrastructure and smart technologies gain traction, stakeholders are increasingly prioritizing data-driven construction solutions. The integration of cloud platforms, AI, and automation is enhancing productivity, reducing delays, and enabling more effective asset management. These advancements are accelerating the sector’s transition to a more innovative and efficient operating model.

 

Competitive Landscape  

The key players operating in the Hungary construction industry include Strabag SE, Magyar Epito, Swietelsky AG, Colas Hungary Zrt., Duna Asphalt Ltd., EUROASZFALT, KEZS Group, Betonutepito, Hidepito, Utiber, DVM Group, Hunep, and others.

Hungary Construction Market Key Segments

By Type 

  • Renovation

  • New Construction       

By Sector

  • 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

  • Industrial

    • Manufacturing Plant

    • Warehouses

    • Power Plants

    • Oil Refineries

    • Chemical Plants

​​​​​By Construction Method

  • Traditional Construction    

  • Prefabricated/Modular Construction    

  • 3D-Printed Construction    

  • Green/Sustainable Construction

By Type of Contractor        

  • Large Contractor

  • Medium Contractor    

  • Small Contractor 

Key Players

  • Strabag SE

  • Magyar Epito

  • Swietelsky AG

  • Colas Hungary Zrt. 

  • Duna Asphalt Ltd.

  • EUROASZFALT

  • KEZS Group

  • Betonutepito

  • Hidepito

  • Utiber

  • DVM Group

  • Hunep

Report Scope and Segmentation

Parameters

Details

Market Size in 2024

USD 12.97 Billion

Revenue Forecast in 2030

USD 19.73 Billion

Growth Rate

CAGR of 6% from 2025 to 2030

Analysis Period

2024–2030

Base Year Considered

2024

Forecast Period

2025–2030

Market Size Estimation

Billion (USD)

Growth Factors

  • Government Spending Drives Hungary Construction Market Trends.

  • Sustainable Transportation Initiatives Propel Hungary Construction Market Growth.

Companies Profiled

12

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.

Hungary Construction Market Revenue by 2030 (Billion USD) Hungary Construction Market Segmentation Hungary Construction Market Major Regions

About the Author

Jayanta Das is an industry analyst and writer with a keen focus on emerging technologies and sustainable business practices. With a background in engineering and market research, he brings analytical depth to topics like renewable energy, green manufacturing, and industrial transformation. Jayanta is passionate about translating complex data into actionable insights for businesses navigating the shift toward eco-conscious operations.

About the Reviewer

Supradip Baul is an accomplished business consultant and strategist with over a decade of rich experience in market intelligence, strategy, technology and business transformation. His work has included rigorous qualitative and quantitative analysis across multiple industries, helping clients shape investment decisions and long-term roadmaps. Earlier in his career, he was associated with Gartner, where he contributed to industry-leading reports and market share analyses. He has worked with leading global companies and holds an MBA with a dual specialization in Marketing and Finance.

Frequently Asked Questions

The industry is increasingly investing in automation and workforce training to mitigate the impact of labor shortages on project timelines.

According to Next Move Strategy Consulting, the size of the Hungary construction market was estimated at USD 12.97 billion in 2024.

Construction firms are adopting digital tools like Building Information Modeling (BIM) to enhance project planning and execution efficiency.

Evolving regulations are influencing project planning and execution, requiring companies to adapt to new compliance standards.

According to Next Move Strategy Consulting, the size of the Hungary construction market is estimated to be at USD 19.73 billion in 2030.

Download Free Sample

Please Enter Full Name

Please Enter Valid Email ID

Please enter Country Code and Phone No

Please enter message

$2,575
$1,574
$3,875
$1,975
Share with Peers

  • Facebook
  • Twitter
  • Linkedin
  • Whatsapp
  • Mail

This website uses cookies to ensure you get the best experience on our website. Learn more