New Zealand Infrastructure Sector Market Size (2024 - 2029)

New Zealand Infrastructure Sector Market Analysis

The infrastructure sector in New Zealand is expected to register a CAGR of over 3% during the forecast period (2023-2028).

• The COVID-19 pandemic impacted the infrastructure industry in the country. The construction activity in the infrastructure sector declined in Q2 2020. In addition, in Q2 2022, vertical infrastructure, which was majorly driven by private investment, experienced a 26% decline in activity compared to the same period in 2019. The infrastructure sector is currently recovering from the pandemic.
• Transportation is one of the major sub-sectors of the country's infrastructure sector. The sector is witnessing significant growth, majorly driven by increasing investments. For instance, in September 2021, more than USD 24 billion in investment was planned for New Zealand's land transport system for the next three years. The total fund includes USD 15.6 billion from National Land Transport Fund (NLTF) and USD 4.6 billion from the local government. In addition, the government invested USD 3.8 billion in additional Crown funding to deliver specific programs through the NLTP.
• Auckland is witnessing lucrative growth in infrastructure projects and creating huge opportunities for private capital, consultants, and developers. The city is registering significant investments in the transport infrastructure sector. In addition, in May 2022, the Auckland Light Rail (ALR) provided opportunities for professional services and consultancy services to procure the project. The project's estimated cost is NZD 14.6 billion (USD 9.3 billion), currently considered New Zealand's largest and most complex infrastructure project. Thus, the increasing investments and sustainable projects will likely drive the infrastructure sector in the country.

New Zealand Infrastructure Sector Industry Segmentation

Infrastructure is the backbone of domestic and international commerce and industrial and agricultural production. It is the fundamental organizational and physical framework necessary to operate a firm successfully. Basic infrastructure in an organization or a nation comprises communication and transportation, sewage, water, a health and education system, safe drinking water, and a monetary system. The report includes a complete background analysis of the New Zealand infrastructure sector, including the assessment of the economy and contribution of sectors in the economy, market overview, market size estimation for key segments, and emerging trends in the market segments, market dynamics, and geographical trends, and COVID-19 impact.

The infrastructure sector in New Zealand is segmented by type (social infrastructure (schools, hospitals, defense, and other infrastructure), transportation infrastructure (railways, roadways, airports, ports, and waterways), extraction infrastructure (oil and gas, other extraction (minerals, metals, and coal), utilities infrastructure (power generation, electricity transmission and distribution, water, gas, and telecoms), manufacturing infrastructure (metal and ore production, petroleum refining, chemical manufacturing, industrial parks and clusters, and other infrastructure)) and key cities (Wellington, Auckland, and Hamilton). The report offers the market sizes and forecasts in value (USD million) for all the above segments.