The average number of employees working in the construction industry in Sweden was higher in the first three quarters of 2023 than in 2022. The number of people working in the construction sector has increased nearly every year. The only major exception to that was 2020, when the number of construction employees decreased, most likely due to the effects of measures to contain the start of the COVID-19 pandemic.

Although the revenue of Peab decreased from 2019 to 2021, it is still the construction firm with the highest turnover in Sweden. Meanwhile, the turnover of Skanska also decreased during that period, while NCC reached its pre-pandemic revenue levels. However, in general, the turnover of the Swedish construction and building industry suffered the impact of the COVID-19 pandemic. Swedish construction companies worldwideIn 2020, there were four Swedish companies among the 100 biggest construction firms worldwide. Skanska, with a revenue of 18 billion U.S. dollars, was the first Swedish company in that ranking, followed by Peab, NCC, and JM AB. The industry’s employeesDuring the last decade, the number of people working in the construction and building industry in Sweden has been growing steadily. Due to this increase, the personnel costs in which the building industry incurs in Sweden also grew in the last couple of years.

In 2023, the Sweden Construction Market reached $52.43 billion, and is projected to surge to $77.80 billion by 2030 due to growth of infrastructure sector

In 2023, the value added of the construction industry in Sweden increased by 27.3 billion Swedish kronor. The construction industry in the Nordic country was valued at 250.2 billion Swedish kronor during the three first quarters of 2022. The Swedish construction industry has been increasing every year since 2005.

The Sweden Data Center Construction Market report segments the industry into By Infrastructure (By Electrical Infrastructure, By Mechanical Infrastructure, General Construction), By Tier Type (Tier I and II, Tier III, Tier IV), and By End User (Banking, Financial Services, and Insurance, IT and Telecommunications, Government and Defense, Healthcare, Other End Users).

The Sweden Construction Equipment Market report segments the industry into By Equipment Type (Earthmoving Equipment, Road Construction Equipment, Material Handling Equipment, Other Construction Equipment) and By Drive Type (Hydraulic, Electric/Hybrid). We provide five years of historical data along with five-year market forecasts.

The size of the Sweden Data Center Construction market was valued at USD XX Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of 5.89% during the forecast period.A data center is an organization having particular facilities which may accommodate the computer system and parts related to it, which includes telecommunication hardware and storage systems. These centers have taken an incredibly significant position in helping businesses with the processes of storing, processing, and the transmission of data more efficiently. Data center construction includes planning, designing, and the construction of facilities, with specific demands in the aspect of reliability, security, and energy efficiency. With the rapid pressure and demand of digital change and support, the data center has emerged as an influential machine. It grants various kinds of applications ranging from cloud computing to e-commerce, from online gaming to artificial intelligence, and more business companies shifting towards data-driven technologies. In the conclusion, this growing demand for the capacity of data centers is on an increase. The construction market of the data center in Sweden is coming up very strongly for various reasons. In addition to this great geographical location, Sweden has fantastic renewable sources of energy and a stable political climate. It is for this reason that there are so many operators attracted to Sweden to host their data centers. Besides, rapid development and penetration of cloud computing services, as well as the digitalization unfolding in a number of industries, contribute significantly to the demand for data center infrastructure in Sweden. Recent developments include: October 2022: Conapto and the real estate firm Fastpartner signed an agreement to construct a 10,000-square-meter data center building in southern Stockholm. This land can accommodate an 8000 square meter data center and 20 MW of power when fully built., February 2022: To complete the data center's power supply, EcoDataCenter invested about SEK 50 million (4.79 USD million) in a collaborative initiative with Ellevio and Falu Energi & Vatten. The facility's growth to its maximum capacity is made possible by secure access to 80 MW of renewable electricity.. Key drivers for this market are: 5G Developments Fuelling Data Center Investments, Growing Cloud Servce adoption; Green Data Centers rising awarness of Carbon-Neutrality leading to Infrastructure upgrades. Potential restraints include: Security Challenges Impacting Growth of Data Centers. Notable trends are: IT and Telecom to have significant market share.

Graph and download economic data for Production: Industry: Total Industry Excluding Construction for Sweden (SWEPRINTO01GYSAM) from Jan 1960 to Feb 2025 about Sweden, construction, and production.

The turnover of the construction of buildings industry in Sweden increased by 826.9 million euros (+2.16 percent) since the previous year. With 39.1 billion euros, the turnover thereby reached its highest value in the observed period. Turnover is defined by Eurostat as the total of all sales (excluding VAT) of goods and services carried out by the enterprises of a given sector during the reference period.Find more statistics on the construction of buildings industry in Sweden with key insights such as number of enterprises, production value, personnel costs, and number of employees.

The Swedish construction industry registered growth of 6.8% in real terms in 2017, preceded by an annual average growth of 4.3% during 2014-2016. Growth during the review period (2013-2017) was driven by improvements in business confidence and consumer demand, and public and private sector investment in institutional, residential and infrastructure construction projects, leading to an increase in demand for the Swedish construction industry. Read More

Graph and download economic data for Infra-Annual Labor Statistics: Employment: Economic Activity: Industry (Except Construction): Total for Sweden (LFEAINTTSEQ647S) from Q1 2001 to Q4 2024 about Sweden, construction, employment, and industry.

Sweden Construction: Avg Purchase Price: Manufacturer Industries data was reported at 5,657.000 SEK th in Mar 2018. This records an increase from the previous number of 4,549.000 SEK th for Dec 2017. Sweden Construction: Avg Purchase Price: Manufacturer Industries data is updated quarterly, averaging 4,807.000 SEK th from Mar 1994 (Median) to Mar 2018, with 97 observations. The data reached an all-time high of 10,214.000 SEK th in Dec 2006 and a record low of 2,959.000 SEK th in Dec 1995. Sweden Construction: Avg Purchase Price: Manufacturer Industries data remains active status in CEIC and is reported by Statistics Sweden. The data is categorized under Global Database’s Sweden – Table SE.P002: Construction: Average Purchase Price.

Sweden Construction: Avg Assessed Value: Manufacturer Industries data was reported at 3,940.000 SEK th in Mar 2018. This records an increase from the previous number of 3,036.000 SEK th for Dec 2017. Sweden Construction: Avg Assessed Value: Manufacturer Industries data is updated quarterly, averaging 3,053.000 SEK th from Mar 1994 (Median) to Mar 2018, with 97 observations. The data reached an all-time high of 6,395.000 SEK th in Mar 2008 and a record low of 2,011.000 SEK th in Dec 2012. Sweden Construction: Avg Assessed Value: Manufacturer Industries data remains active status in CEIC and is reported by Statistics Sweden. The data is categorized under Global Database’s Sweden – Table SE.EA003: Construction: Average Assessed Value.

Graph and download economic data for Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Industry (Except Construction) for Sweden (SWEPROINDAISMEI) from 1955 to 2023 about Sweden, IP, and indexes.

The Sweden data center construction market is experiencing robust growth, driven by increasing digitalization, cloud adoption, and the expanding need for robust IT infrastructure to support businesses and government services. The market's Compound Annual Growth Rate (CAGR) of 5.89% from 2019 to 2024 indicates a significant upward trajectory. This growth is fueled by several key factors. The burgeoning IT and telecommunication sector, coupled with the increasing data storage and processing demands from the BFSI (Banking, Financial Services, and Insurance) and government sectors, are primary drivers. The expansion of 5G networks and the growth of edge computing are further accelerating the need for modern data center facilities across various tiers (Tier 1-3) and sizes (small to massive). Investment in cooling infrastructure, power infrastructure, and advanced security systems are critical components of this expanding market, leading to significant opportunities for construction companies, technology providers, and consulting firms. While the market faces challenges, such as the high initial investment costs associated with data center construction and potential regulatory hurdles, the long-term outlook remains positive. The strategic focus on digital transformation by Swedish businesses and the government's initiatives to promote technological advancement are mitigating these constraints. The market segmentation by infrastructure components (cooling, power, racks, servers, etc.), end-user sectors (IT, BFSI, Government, Healthcare), data center tier, and size provides a granular understanding of the market's dynamics. This detailed segmentation allows for targeted investments and strategic partnerships across various stakeholders, contributing to the market's sustained growth. Companies such as Per Aarsleff A/S, Johnson Controls International PLC, and others are well-positioned to benefit from this expanding market in Sweden. Considering the provided CAGR and market trends, a reasonable projection for the 2025 market size, assuming a 2024 market size of approximately 150 million based on the given growth rate, would place the 2025 market size above 160 million USD. This figure serves as a reasonable estimate, not a precise calculation. This detailed report provides a comprehensive analysis of the Sweden Data Center Construction Market, covering the period 2019-2033. It offers invaluable insights into market trends, competitive dynamics, and growth opportunities, equipping stakeholders with actionable intelligence for strategic decision-making. The report utilizes a robust methodology, incorporating extensive primary and secondary research, to deliver accurate and reliable market sizing and forecasting. The base year for this report is 2025, with an estimated year of 2025 and a forecast period spanning 2025-2033. The historical period analyzed is 2019-2024. Recent developments include: October 2022: Conapto and the real estate firm Fastpartner signed an agreement to construct a 10,000-square-meter data center building in southern Stockholm. This land can accommodate an 8000 square meter data center and 20 MW of power when fully built., February 2022: To complete the data center's power supply, EcoDataCenter invested about SEK 50 million (4.79 USD million) in a collaborative initiative with Ellevio and Falu Energi & Vatten. The facility's growth to its maximum capacity is made possible by secure access to 80 MW of renewable electricity.. Key drivers for this market are: 5G Developments Fuelling Data Center Investments, Growing Cloud Servce adoption; Green Data Centers rising awarness of Carbon-Neutrality leading to Infrastructure upgrades. Potential restraints include: Security Challenges Impacting Growth of Data Centers. Notable trends are: IT and Telecom to have significant market share.

Graph and download economic data for Infra-Annual Labor Statistics: Employment: Economic Activity: Industry (Except Construction): Total for Sweden (LFEAINTTSEA647S) from 2001 to 2024 about Sweden, construction, employment, and industry.

The Sweden data center construction market presents a robust growth opportunity, exhibiting a Compound Annual Growth Rate (CAGR) of 10.70% from 2019 to 2033. With a market size of €840 million in 2025 (assuming "0.84" refers to €0.84 billion), the sector is driven by increasing digitalization, the expanding cloud computing landscape, and heightened demand for reliable IT infrastructure within various sectors like banking, finance, telecommunications, and government. The market is segmented by infrastructure type (electrical and mechanical), tier level (I-IV), and end-user industry, indicating diverse investment opportunities. Growth is further fueled by advancements in cooling technologies (immersion, direct-to-chip) and the adoption of efficient power distribution solutions (PDUs, ATS, switchgear). While specific restraints are not detailed, potential challenges could include regulatory hurdles, skilled labor shortages within the construction sector, and potential fluctuations in energy costs, impacting overall project viability. Looking ahead to 2033, the market is projected to experience substantial expansion, driven by continued digital transformation initiatives and investments in high-availability data center facilities. This growth will likely be concentrated in Tier III and Tier IV data centers, catering to the escalating requirements for resilience, security, and scalability in critical IT operations. Key players in the Swedish market, such as DPR Construction, Skanska Sverige AB, and Kirby Group Engineering, are well-positioned to capitalize on these trends, although competition is expected to intensify as new entrants seek to benefit from the market's upward trajectory. Furthermore, strategic partnerships and acquisitions will likely play a significant role in shaping the market landscape over the forecast period. Recent developments include: June 2023: Swedish startup Evroc announced plans to secure EUR 3 billion in funding for the construction of two hyperscale data centers.April 2023: EcoDataCenter announced plans for constructing a new sustainable data center, EcoDataCenter 2, in Östersund, Sweden. The campus, boasting a total capacity of 150 MW, will be developed in stages, with the first phase of 20 MW set to be operational by 2026.. Key drivers for this market are: 4., Government Support for Digitization and 5G Deployment to Drive Market Growth4.; Rising Demand for Cloud-based Services to Drive Market Growth. Potential restraints include: 4., Government Support for Digitization and 5G Deployment to Drive Market Growth4.; Rising Demand for Cloud-based Services to Drive Market Growth. Notable trends are: IT and Telecom to Hold a Significant Market Share.

Forecast: Gross Investment in Specialized Construction Activities Sector in Sweden 2024 - 2028 Discover more data with ReportLinker!

Denmark Imports: Sweden: IG: Construction Industry (CI) data was reported at 568.600 DKK mn in May 2018. This records an increase from the previous number of 531.500 DKK mn for Apr 2018. Denmark Imports: Sweden: IG: Construction Industry (CI) data is updated monthly, averaging 460.300 DKK mn from Jan 1988 (Median) to May 2018, with 365 observations. The data reached an all-time high of 796.000 DKK mn in Oct 2007 and a record low of 172.700 DKK mn in Jan 1988. Denmark Imports: Sweden: IG: Construction Industry (CI) data remains active status in CEIC and is reported by Statistics Denmark. The data is categorized under Global Database’s Denmark – Table DK.JA020: Imports: by Broad Economic Category 2-Digit: Sweden.

Sweden EM: Construction Industry data was reported at 303,562.000 Person in 2016. This records an increase from the previous number of 291,531.000 Person for 2015. Sweden EM: Construction Industry data is updated yearly, averaging 275,886.000 Person from Dec 2008 (Median) to 2016, with 9 observations. The data reached an all-time high of 303,562.000 Person in 2016 and a record low of 249,975.000 Person in 2009. Sweden EM: Construction Industry data remains active status in CEIC and is reported by Statistics Sweden. The data is categorized under Global Database’s Sweden – Table SE.G017: Employment: Swedish Standard Industrial Classification 2007: by Industry.