Austria Construction Market is predicted to reach USD 67.52 Billion by 2030

According to the study by Next Move Strategy Consulting, the Austria Construction Market size is predicted to reach USD 67.52 billion, at a CAGR of 6.3% by 2030.

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Austria's construction industry is witnessing a surge in growth propelled by increased government investment in infrastructure projects, particularly in renewable energy industries and power grids.

The significant growth in Austria's construction market can be attributed to the remarkable expansion of the infrastructure industry, which holds a substantial portion of the GDP.

The market players operating in the Austria infrastructure industry include STRABAG SE, PORR AG, Swietelsky Baugesellschaft m.b.H., Habau Group, i+R Gruppe, Leyrer + Graf Baugesellschaft m.b.H., Doka GmbH, Unger Stahlbau Ges.m.b.H., Vinci SA, Hochtief AG, and others.