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Sweden Transportation Infrastructure Construction Market Size (2024 - 2029)

The Sweden Transportation Infrastructure Construction Market is projected to experience significant growth, driven by increased economic activity and supportive government funding. The Swedish Government's commitment to upgrading transportation infrastructure is reflected in its substantial financial allocations, as outlined in its strategic infrastructure plans. These plans emphasize the development and maintenance of railways and road networks, with a notable increase in appropriations compared to previous plans. Despite the ambitious financial framework, the Swedish Transport Administration is exploring options for cost savings and prioritizing investments, indicating a careful approach to managing the market's expansion.

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Market Size of Sweden Transportation Infrastructure Construction Industry

Sweden Transportation Infrastructure Construction Market Summary
Study Period 2019-2029
Base Year For Estimation 2023
Market Size (2024) USD 16.86 Billion
Market Size (2029) USD 22.05 Billion
CAGR (2024 - 2029) 5.64 %
Market Concentration Medium

Major Players

Sweden Transportation Infrastructure Construction Market Major Players

*Disclaimer: Major Players sorted in no particular order

Sweden Transportation Infrastructure Construction Market Analysis

The Sweden Transportation Infrastructure Construction Market size is estimated at USD 16.86 billion in 2024, and is expected to reach USD 22.05 billion by 2029, growing at a CAGR of 5.64% during the forecast period (2024-2029).

  • The transportation infrastructure construction industry in Sweden is expected to exhibit positive growth in 2024 due to growing economic activity and optimistic growth trends in building permits. Moreover, the Swedish Government has allocated huge funds towards transportation infrastructure in the country to upgrade the construction plans.
  • The financial framework for the infrastructure plan is stated in the Government bill Infrastructure for the Future: Sustainable investment throughout Sweden. Directions for this work are also included in a government directive of 23 June 2021 to the Swedish Transport Administration to prepare a proposal for an intermodal national plan for transport infrastructure development from 2022 to 2033.
  • The transport infrastructure planning framework estimates SEK 799 billion (USD 94 billion) from 2022 to 2033, where the funds are to be issued as follows:
  1. Operation, renewal, and maintenance of state-owned railways: SEK 165 billion (USD 19.41 billion)
  2. Renewal and maintenance of the state-owned road network, including frost-proofing and ensuring load-bearing capacity: SEK 197 billion (USD 23.18 billion)
  3. Transportation system development: A total of SEK 437 billion (USD 51.41 billion), within which SEK 107 billion (USD 12.59 billion) is to be allocated to new mainlines of high-speed rail and SEK 42 billion (USD 4.94 billion) to county plans.
  • Compared to the infrastructure plan for 2018–2029, appropriations for the maintenance of roads and railways have increased by 13 and 25 percent, respectively. The appropriation for the development of the transport system represents a 25 percent increase on the current plan.
  • The total cost of the continuation of the current plan and the additional costs amounts to SEK 460 billion (USD 54.12 billion) over the course of the planning period, exceeding the stated financial framework for the development of SEK 437 billion (USD 51.41 billion).
  • The Swedish Transport Administration has also analysed whether cost savings can be implemented; and whether it is feasible to postpone or divide into sections certain objects in the current plan. In the assessment of the Swedish Transport Administration, the scope for new investment in the plan over and above the continued expansion of ERTMS and the Government’s preference for bringing forward the construction of the North Bothnia Line is extremely limited.

Sweden Transportation Infrastructure Construction Industry Segmentation

Transportation infrastructure construction refers to a wide range of construction activities involving reforming existing constructions, building new infrastructures, and extending or demolishing projects. 

Sweden's transportation infrastructure construction market is segmented by mode (roadways, railways, airports, ports, and inland waterways) and key cities (Stockholm, Gothenburg, and Malmö). 

The report offers market size and forecasts for Sweden's transportation infrastructure construction market in value (USD) for all the above segments.

By Mode
Roadways
Railways
Airports
Ports and Inland Waterways
By Key Cities
Stockholm
Gothenburg
Malmo
Other Cities
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Sweden Transportation Infrastructure Construction Market Size Summary

The transportation infrastructure construction market in Sweden is poised for significant growth over the forecast period, driven by increased economic activity and favorable trends in building permits. The Swedish Government's substantial financial commitment to upgrading transportation infrastructure, as outlined in the government bill "Infrastructure for the Future," underscores the strategic importance of this sector. The plan, which includes a comprehensive intermodal national plan for transport infrastructure development, focuses on enhancing the railway network and developing new high-speed rail mainlines. This initiative is part of a broader effort to modernize the transportation system, incorporating advanced technologies such as the European Train Control System (ERTMS) and the Future Railway Mobile Communications System (FRMCS). The government's directive also emphasizes the need for timely maintenance and renewal of state-owned railways and roads to reduce long-term costs and improve service reliability.

The market landscape is characterized by a mix of domestic and international players, with companies like Skanska, NCC, and Ramboll Group holding significant market shares. These firms are actively involved in various projects, including the Stockholm Bypass, which aims to alleviate congestion in one of Europe's fastest-growing cities. The bypass project, along with other infrastructure developments, reflects the government's focus on enhancing transportation capacity to support population growth and economic expansion. Additionally, collaborations such as the one between Umeå Energi AB and Liquid Wind for e-methanol production highlight the integration of sustainable practices within infrastructure projects. As the market continues to evolve, these strategic investments and partnerships are expected to play a crucial role in shaping Sweden's transportation infrastructure landscape.

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Sweden Transportation Infrastructure Construction Market Size - Table of Contents

  1. 1. MARKET INSIGHTS

    1. 1.1 Market Overview

    2. 1.2 Government Regulations and Initiatives

    3. 1.3 Technology Snapshot and Digital Trends

    4. 1.4 Insights on Modernization of the Transportation Infrastructure Sector

    5. 1.5 Insights on Major Infrastructure Development Projects

    6. 1.6 Impact of COVID-19 on the Market

  2. 2. MARKET SEGMENTATION

    1. 2.1 By Mode

      1. 2.1.1 Roadways

      2. 2.1.2 Railways

      3. 2.1.3 Airports

      4. 2.1.4 Ports and Inland Waterways

    2. 2.2 By Key Cities

      1. 2.2.1 Stockholm

      2. 2.2.2 Gothenburg

      3. 2.2.3 Malmo

      4. 2.2.4 Other Cities

Sweden Transportation Infrastructure Construction Market Size FAQs

The Sweden Transportation Infrastructure Construction Market size is expected to reach USD 16.86 billion in 2024 and grow at a CAGR of 5.64% to reach USD 22.05 billion by 2029.

In 2024, the Sweden Transportation Infrastructure Construction Market size is expected to reach USD 16.86 billion.

Sweden Transportation Infrastructure Construction Market Report Snapshots

Sweden Transportation Infrastructure Construction Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)