Categories: Press Release

Eastern Europe Infrastructure Construction Market Size Worth $228.9 billion in 2022 with the Highest Contribution from Russia – GlobalData Plc

Eastern Europe infrastructure construction market size was evaluated at $228.9 billion in 2022, according to a new report by GlobalData Plc. Rising emphasis on the development of railway networks to connect remote areas of the region and the urban centers is projected to drive the market growth over the forecast period. Furthermore, the strong project pipeline in the electricity and power sector is expected to propel the infrastructure construction market growth in Eastern Europe.

Eastern Europe Infrastructure Construction Market Outlook 2022-2026 ($ Billion)

Eastern Europe infrastructure construction market outlook report with detailed sectors and country-wise segment analysis is available with GlobalData now! Read our free report sample

Eastern Europe Infrastructure Construction Market FAQs

  • What was the Eastern Europe infrastructure construction market size in 2022?
    The Eastern Europe infrastructure construction market size in 2022 was $228.9 billion.
  • What is the Eastern Europe infrastructure construction market growth rate during 2022-2026?
    The Eastern Europe infrastructure construction market is expected to grow at 2.2% during 2022-2026.
  • Which are the key sectors of Eastern Europe infrastructure construction market?
    The key sectors of Eastern Europe infrastructure construction market are electricity and power, railway, road, water and sewage, and others.
  • Which sector accounted for the highest Eastern Europe infrastructure construction market growth in 2021?
    The roads sector accounted for the highest share in the Eastern Europe infrastructure construction market growth in 2021.
  • Which are the key countries in the Eastern Europe infrastructure construction market?
    Czech Republic, Poland, Russia, Turkey, and the Rest of Eastern Europe are the key countries in the Eastern Europe infrastructure construction market.
  • Which country showcased the highest Eastern Europe infrastructure construction market growth in 2021?
    Russia showcased the highest share in the Eastern Europe infrastructure construction market growth in 2021.

For more queries on the Eastern Europe infrastructure construction market,

view sample report

Eastern Europe Infrastructure Construction Market Dynamics

The Eastern Europe infrastructure construction growth momentum was mainly supported by the surging construction output values in Russia during 2022. However, the outlook for Eastern European construction has significantly weakened following Russia’s invasion of Ukraine which has caused global inflation to soar, driven largely by rising energy and raw materials prices in response to sanctions imposed on Russia by Western governments. Furthermore, factors including the sharp increases in the prices of key construction materials, rise in interest rates by central banks to tame inflation, and surge in the cost of servicing current debts are likely to impact the construction industry in the region adversely.

However, despite all the challenges, few countries including Russia and Poland are projected to showcase stable growth rate in the future. Russian infrastructure construction market will be driven the government’s efforts to upgrade the country’s rail, road, and other public transport infrastructure. Similarly, infrastructure construction sector in Poland is supported by the increased investments in energy, transport, and affordable housing, thus boosting the overall market growth.

Download sample PDF for Eastern Europe infrastructure construction market dynamics

Eastern Europe Infrastructure Construction Report Highlights

  • The Eastern Europe infrastructure construction market is predicted to observe a CAGR of 2.2% from 2022 to 2026. The growing need to develop sustainable way of meeting energy demand in the region is likely to positively aid the deployment of electricity and power projects over the forecast period.
  • In 2021, the road infrastructure construction segment accounted for the largest share and is estimated to continue its dominance over the predicted timeline. Development of highways and motorways is expected to drive the segment’s growth in the short-term period.
  • The electricity and power sector is anticipated to account for the second largest share with strong project pipeline observed in Poland followed by Russia and Turkey. Poland has ambitious plans to transform the domestic energy supply, a mixture of public and private investment in renewable energy has increased largely over 2021.
  • The railways infrastructure construction segment is poised to grow at a highest compounded annual growth rate over the forecast period. The segment is well backed by strong pipeline of 309 projects across the Eastern Europe region.
  • The long-term focus on improving and developing wastewater treatment facilities in the region is projected to drive the segmental growth of water and sewage construction. However, investment in construction remained weak in 2022 owing to high construction costs, withdrawal of foreign capital, and tighter government budgets stemming from the impact of the Russia-Ukraine crisis.
  • Russia accounted for the largest share in the regional market and is expected to continue its dominance over the forecast period. However, over the short-term period owing to the imposed sanctions, growth is likely to decelerate in 2023 and 2024.
  • Poland is anticipated to emerge as the second largest market with the highest compounded annual growth rate of more than 3.0% over the forecast period. Rising emphasis by the domestic government on transportation and power sector is expected to positively augment growth over the near future.
  • Turkey’s infrastructure construction industry is estimated to remain under pressure owing to the high inflation rate, overstretched public finances, and rising debts. The country is estimated to showcase negative compounded annual growth rate over the forecast period.

Request free sample for Eastern Europe infrastructure construction market dynamics

Eastern Europe Infrastructure Construction Market Scope

GlobalData Plc has segmented the Eastern Europe infrastructure construction market report by sectors and countries:

Eastern Europe Infrastructure Construction Sectors Outlook (Value, $ Billion, 2016-2026)

  • Electricity and Power
  • Railway
  • Road
  • Water and Sewage
  • Others

Eastern Europe Infrastructure Construction Countries Outlook (Value, $ Billion, 2016-2026)

  • Russia
  • Poland
  • Turkey
  • Czech Republic
  • Rest of Eastern Europe

Looking for a more specific Eastern Europe infrastructure construction market scope coverage, grab your exclusive sample report copy!

Related Reports

Table of Contents

1 Overview

2 Sector Overviews

2.1 Railways

2.2 Roads

2.3 Electricity and Power

2.4 Water and Sewage

2.5 Others

3 Project Pipelines

3.1 All Infrastructure Projects

3.1.1 Railway Projects

3.1.2 Road Projects

3.1.3 Electricity and Power Projects

3.1.4 Water and Sewage Projects

3.1.5 Other Projects

4 Eastern Europe Infrastructure Construction Regional Trends

4.1 Eastern Europe Infrastructure Construction Market Data

4.1.1 Czech Republic Infrastructure Construction Market Data

4.1.2 Poland Infrastructure Construction Market Data

4.1.3 Russia Infrastructure Construction Market Data

4.1.4 Turkey Infrastructure Construction Market Data

4.1.5 Rest of Eastern Europe Infrastructure Construction Market Data

5 Research Methodology

5.1 Introduction

5.2 Research Methodology Steps

5.2.1 Data Collection and Consolidation

5.2.2 Modelling and Estimation

5.2.3 Forecasting and Validation

About us

GlobalData is a leading provider of data, analytics, and insights on the world’s largest industries. In an increasingly fast-moving, complex, and uncertain world, it has never been harder for organizations and decision-makers to predict and navigate the future. GlobalData’s mission is to help our clients to decode the future and profit from faster, more informed decisions. As a leading information services company, thousands of clients rely on us for trusted, timely, and actionable intelligence. Our solutions are designed to provide a daily edge to professionals within corporations, financial institutions, professional services, and government agencies.

Tags: , , , , , , , , ,

See Campaign: https://www.globaldata.com/store/report/eastern-europe-infrastructure-construction-market-analysis/

Contact Information:

Media Contacts GlobalData Mark Jephcott Head of PR EMEA mark.jephcott@globaldata.com cc: pr@globaldata.com +44 (0)207 936 6400

Tags:
Reportedtimes, iCN Internal Distribution, Extended Distribution, Research Newswire, English