Construction in Norway
Construction in Norway
Summary
Construction in Norway industry profile provides top-line qualitative and quantitative summary information including: market size (value 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
Veidekke ASA
AF Gruppen ASA
Skanska AB
Aibel AS
Summary
Construction in Norway industry profile provides top-line qualitative and quantitative summary information including: market size (value 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- Construction market includes both residential and non-residential construction. Market value refers to the total output value of construction activity in a specific year. Construction output value is defined as the total value of construction activity in any given period, including costs related to all materials, equipment, and services used.
- The Norwegian construction industry recorded revenues of $72.0 billion in 2024, representing a negative compound annual growth rate (CAGR) of 0.2% between 2019 and 2024.
- The non-residential segment accounted for the industry's largest proportion in 2024, with total revenues of $45.5 billion, equivalent to 63.2% of the industry's overall value.
- In 2024, the Norwegian construction industry recorded an annual contraction of 4.9%. The contraction is attributed to the fall in residential construction activities. The demand for new housing experienced a downturn, influenced by factors such as higher interest rates, inflation, and economic uncertainty, which deterred both developers and homebuyers.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the construction market in Norway
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the construction market in Norway
- Leading company profiles reveal details of key construction market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Norway construction market with five year forecasts
- What was the size of the Norway construction market by value in 2024?
- What will be the size of the Norway construction market in 2029?
- What factors are affecting the strength of competition in the Norway construction market?
- How has the market performed over the last five years?
- What are the main segments that make up Norway's construction market?
Veidekke ASA
AF Gruppen ASA
Skanska AB
Aibel AS
1 EXECUTIVE SUMMARY
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market rivalry
1.6. Competitive landscape
2 MARKET OVERVIEW
2.1. Market definition
2.2. Market analysis
3 MARKET DATA
3.1. Market value
4 MARKET SEGMENTATION
4.1. Category segmentation
4.2. Geography segmentation
5 MARKET OUTLOOK
5.1. Market value forecast
6 FIVE FORCES ANALYSIS
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 COMPETITIVE LANDSCAPE
7.1. Who are the leading players in the industry?
7.2. What are the strategies of the leading players?
7.3. What are the strengths of the leading players?
8 COMPANY PROFILES
8.1. Veidekke ASA
8.2. AF Gruppen ASA
8.3. Skanska AB
8.4. Aibel AS
9 MACROECONOMIC INDICATORS
9.1. Country data
10 APPENDIX
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market rivalry
1.6. Competitive landscape
2 MARKET OVERVIEW
2.1. Market definition
2.2. Market analysis
3 MARKET DATA
3.1. Market value
4 MARKET SEGMENTATION
4.1. Category segmentation
4.2. Geography segmentation
5 MARKET OUTLOOK
5.1. Market value forecast
6 FIVE FORCES ANALYSIS
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 COMPETITIVE LANDSCAPE
7.1. Who are the leading players in the industry?
7.2. What are the strategies of the leading players?
7.3. What are the strengths of the leading players?
8 COMPANY PROFILES
8.1. Veidekke ASA
8.2. AF Gruppen ASA
8.3. Skanska AB
8.4. Aibel AS
9 MACROECONOMIC INDICATORS
9.1. Country data
10 APPENDIX
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine
LIST OF TABLES
Table 1: Norway construction industry value: $ million, 2019-24
Table 2: Norway construction industry category segmentation: % share, by value, 2019-24
Table 3: Norway construction industry category segmentation: $ million, 2019-24
Table 4: Norway construction industry geography segmentation: $ million, 2024
Table 5: Norway construction industry value forecast: $ million, 2024-29
Table 6: Veidekke ASA: Key Facts
Table 7: Veidekke ASA: Annual Financial Ratios
Table 8: Veidekke ASA: Key Employees
Table 9: AF Gruppen ASA: Key Facts
Table 10: AF Gruppen ASA: Annual Financial Ratios
Table 11: AF Gruppen ASA: Key Employees
Table 12: Skanska AB: Key Facts
Table 13: Skanska AB: Annual Financial Ratios
Table 14: Skanska AB: Key Employees
Table 15: Skanska AB: Key Employees Continued
Table 16: Aibel AS: Key Facts
Table 17: Aibel AS: Key Employees
Table 18: Norway Size of Population (Million), 2020-24
Table 19: Norway Real GDP (Constant 2010 Prices, $ Billion), 2020-24
Table 20: Norway GDP (Current Prices, $ Billion), 2020-24
Table 21: Norway Inflation, 2020-24
Table 22: Norway Consumer Price Index (Absolute), 2020-24
Table 23: Norway Exchange Rate, 2019-24
Table 1: Norway construction industry value: $ million, 2019-24
Table 2: Norway construction industry category segmentation: % share, by value, 2019-24
Table 3: Norway construction industry category segmentation: $ million, 2019-24
Table 4: Norway construction industry geography segmentation: $ million, 2024
Table 5: Norway construction industry value forecast: $ million, 2024-29
Table 6: Veidekke ASA: Key Facts
Table 7: Veidekke ASA: Annual Financial Ratios
Table 8: Veidekke ASA: Key Employees
Table 9: AF Gruppen ASA: Key Facts
Table 10: AF Gruppen ASA: Annual Financial Ratios
Table 11: AF Gruppen ASA: Key Employees
Table 12: Skanska AB: Key Facts
Table 13: Skanska AB: Annual Financial Ratios
Table 14: Skanska AB: Key Employees
Table 15: Skanska AB: Key Employees Continued
Table 16: Aibel AS: Key Facts
Table 17: Aibel AS: Key Employees
Table 18: Norway Size of Population (Million), 2020-24
Table 19: Norway Real GDP (Constant 2010 Prices, $ Billion), 2020-24
Table 20: Norway GDP (Current Prices, $ Billion), 2020-24
Table 21: Norway Inflation, 2020-24
Table 22: Norway Consumer Price Index (Absolute), 2020-24
Table 23: Norway Exchange Rate, 2019-24
LIST OF FIGURES
Figure 1: Norway construction industry value: $ million, 2019-24
Figure 2: Norway construction industry category segmentation: $ million, 2019-24
Figure 3: Norway construction industry geography segmentation: % share, by value, 2024
Figure 4: Norway construction industry value forecast: $ million, 2024-29
Figure 5: Forces driving competition in the construction industry in Norway, 2024
Figure 6: Drivers of buyer power in the construction industry in Norway, 2024
Figure 7: Drivers of supplier power in the construction industry in Norway, 2024
Figure 8: Factors influencing the likelihood of new entrants in the construction industry in Norway, 2024
Figure 9: Factors influencing the threat of substitutes in the construction industry in Norway, 2024
Figure 10: Drivers of degree of rivalry in the construction industry in Norway, 2024
Figure 1: Norway construction industry value: $ million, 2019-24
Figure 2: Norway construction industry category segmentation: $ million, 2019-24
Figure 3: Norway construction industry geography segmentation: % share, by value, 2024
Figure 4: Norway construction industry value forecast: $ million, 2024-29
Figure 5: Forces driving competition in the construction industry in Norway, 2024
Figure 6: Drivers of buyer power in the construction industry in Norway, 2024
Figure 7: Drivers of supplier power in the construction industry in Norway, 2024
Figure 8: Factors influencing the likelihood of new entrants in the construction industry in Norway, 2024
Figure 9: Factors influencing the threat of substitutes in the construction industry in Norway, 2024
Figure 10: Drivers of degree of rivalry in the construction industry in Norway, 2024
