Mobile Menu

Utility Infrastructure Construction in Europe - Market Size, Industry Analysis, Trends and Forecasts (2024-2029)

ISIC 422 March 2024 Spotlight Report

Revenue

€124.6bn

2019-2024 0.3 %
2024-2029 X.X %

Employees

777k

2019-2024 6.4 %
2024-2029 X.X %

Businesses

56,873

2019-2024 4.6 %
2024-2029 X.X %

Wages

€XX.Xbn

2019-2024 X.X %
2024-2029 X.X %

Utility Infrastructure Construction in Europe industry analysis

Utility infrastructure construction contractors rely on public investment in maintaining and expanding European electricity and telecommunications networks. European governments are funnelling billions into upgrading ageing electricity infrastructure, while efforts to slash carbon emissions have racked up a significant bill. Utility infrastructure contractors have been among the biggest beneficiaries of this investment, with ample tender opportunities being created by European governments looking to transition to a clean energy system. Revenue is forecast to fall at a compound annual rate of 0.3% over the five years through 2024, reaching €124.6 billion.

European coverage with a localised twist

  • Market estimates from 2014-2029
  • Detailed reports analysing industry performance, market dynamics and company data, compared across countries
  • PDF report or online database with Word, Excel and PowerPoint export options
  • 100% money back guarantee
Purchase options Download sample

About Spotlight Reports

Industry Statistics and Trends

Utility Infrastructure Construction in Europe key trends

Europe’s ageing electricity network ensures a wealth of tender opportunities.

 

Much of Europe’s electricity grid is reaching the end of its lifespan, creating a need for maintenance and upgrades to meet rising electricity demand and decarbonisation objectives.

Investment in energy networks climbs to help meet emissions reduction targets.

 

Despite plans to continue to scale up investment in renewables, Europe needs to do more if it’s to meet binding decarbonisation targets.

Access all insights and trends with purchase. View purchase options.

Utility Infrastructure Construction in Europe

Industry Revenue

Total value and annual change from 2011-2029. Includes 5-year outlook.

Access the 5-year outlook with purchase. View purchase options

Utility Infrastructure Construction in Europe market size (2019-2024)

Industry revenue has declined at a CAGR of 0.3 % over the past five years, to reach an estimated €124.6bn in 2024.

Trends and Insights

Investment in maintaining and upgrading Europe’s ageing electricity infrastructure keeps construction demand strong

  • The European Council on Foreign Relations clams that around 40% of the European electricity grid is more than 40 years old – this means it’s just 10 years off its typical lifespan.

Access all 10 market size insights and trends with purchase. View purchase options.

Utility Infrastructure Construction in Europe outlook (2024-2029)

Market size is projected to grow over the next five years.

Reaching emissions reduction targets brings about greater investment in energy networks

  • The EU currently plans to increase the length of transmission lines by 20% and the distribution grid by 6.7% by 2030. The European Commission estimates that this will take €584 billion of investment between now and 2030.

Access all 6 forward-looking insights and industry data forecasts with purchase. View purchase options.

Revenue

€124.6bn

2019-2024 0.3 %
2024-2029 X.X %

Employees

777k

2019-2024 6.4 %
2024-2029 X.X %

Wages

€XX.Xbn

2019-2024 X.X %
2024-2029 X.X %

European Leaders & Laggards

Europe Job Growth CAGR: 6.4 % *
  • Job Growth

Top 5 Countries

  1. Bulgaria +19.5%
  2. Romania +16.8%
  3. United Kingdom +14.6%
  4. Poland +9.7%
  5. Russia +9.1%

Bottom 5 Countries

  1. Cyprus -10.2%
  2. Serbia -8.6%
  3. Denmark -4.2%
  4. Malta -2.5%
  5. Sweden -1.5%

* CAGR values are for the years 2019-2024.

Explore all 37 country performance rankings and data sheets with your membership purchase.

Biggest companies in the Utility Infrastructure Construction in Europe

Company
Market Share (%)
2024
Revenue (€m)
2024
Profit (€m)
2024
Profit Margin (%)
2024
Bouygeous SA
49,261.3
2,080.6
4.2
Vinci SA
70,248.0
7,586.8
10.8
Eiffage SA
22,494.0
2,284.6
10.2

Access statistics and analysis on all 10 companies with purchase. View purchase options.

Utility Infrastructure Construction in Europe

Products & Services Segmentation

Industry revenue broken down by key product and services lines.

Access all segmentation data and analysis with purchase. View purchase options.

Top Questions Answered in this Report

Unlock comprehensive answers and precise data upon purchase. View purchase options.

What is the market size of the Utility Infrastructure Construction industry in Europe in 2024?

The market size of the Utility Infrastructure Construction industry in Europe is €124.6bn in 2024.

How many businesses are there in the Utility Infrastructure Construction in Europe industry in 2024?

There are 56,873 businesses in the Utility Infrastructure Construction industry in Europe, which has grown at a CAGR of 4.6 % between 2019 and 2024.

Has the Utility Infrastructure Construction industry in Europe grown or declined over the past 5 years?

The market size of the Utility Infrastructure Construction industry in Europe has been declining at a CAGR of 0.3 % between 2019 and 2024.

What is the forecast growth of the Utility Infrastructure Construction industry in Europe over the next 5 years?

Over the next five years, the Utility Infrastructure Construction industry in Europe is expected to grow.

What does the Utility Infrastructure Construction in Europe include?

Electricity infrastructure construction and Water infrastructure construction are part of the Utility Infrastructure Construction industry.

Which countries have the most businesses in the Utility Infrastructure Construction industry in Europe?

The European country with the most businesses in the Utility Infrastructure Construction industry is Russia.

How competitive is the Utility Infrastructure Construction industry in Europe?

The level of competition is high and steady in the Utility Infrastructure Construction industry in Europe.

Related Industries

This industry is covered in 37 countries

Explore full Europe Collection

Unlock Holistic European coverage

Members get access to 450+ industries across Europe, including comparative data for 37 countries.

View purchase options

Or contact us for multi-user and corporate license options

Table of Contents

About this industry

Industry definition

Companies in this industry build and maintain distribution lines for electricity and telecommunications providers, as well as the buildings and structures that are integral parts of these systems. The industry covers the construction and maintenance of civil engineering infrastructure for long-distance and urban communication and power lines.

Related Terms

INTERCONNECTOR PUBLIC-PRIVATE PARTNERSHIP DECARBONISATION

What's included in this industry?

Electricity infrastructure construction Water infrastructure construction Telecommunications infrastructure construction

Companies

Bouygeous SAVinci SAEiffage SA

Industry Code

ISIC 2006

422 - Construction of utility projects in Europe

View up to 10 companies with purchase. View purchase options.

Performance

Key Takeaways

Investment in maintaining and upgrading Europe’s ageing electricity infrastructure keeps construction demand strong

View more insights with purchase. View purchase options.

Revenue Highlights

Trends
  • Revenue
  • 2024 Revenue Growth
  • Revenue Volatility

Employment Highlights

Trends
  • Employees
  • Employees per Business
  • Revenue per Employee

Business Highlights

Trends
  • Businesses
  • Employees per Business
  • Revenue per Business

Profit Highlights

Trends
  • Total Profit
  • Profit Margin
  • Profit per Business

Current Performance

Charts
  • Revenue in the Utility Infrastructure Construction in Europe industry (2011 -2029)
  • Employees in the Utility Infrastructure Construction in Europe industry (2011 -2029)
  • Business in the Utility Infrastructure Construction in Europe industry (2011 -2029)
  • Profit in the Utility Infrastructure Construction in Europe industry (2011 -2029)
Analysis

What's driving current industry performance in the Utility Infrastructure Construction in Europe industry?


Outlook

Analysis

What's driving the Utility Infrastructure Construction in Europe industry outlook?


Volatility

Analysis

What influences volatility in the Utility Infrastructure Construction in Europe industry?

Charts
  • Industry Volatility vs. Revenue Growth Matrix

Life Cycle

Analysis

What determines the industry life cycle stage in the Utility Infrastructure Construction in Europe industry?

Charts
  • Industry Life Cycle Matrix

Products and Markets

Highlights

Trends
  • Largest Market
  • Product Innovation

Key Takeaways

Europe's push for decarbonisation fuels power infrastructure construction. Growing efforts to up ramp renewable assets mean Europe is making large investments in extending its electricity transmission and distribution networks, fuelling construction demand.

View more insights with purchase. View purchase options.

Products and Services

Charts
  • Products and Services Segmentation
Analysis

How are the Utility Infrastructure Construction in Europe industry's products and services performing?

Analysis

What are innovations in the Utility Infrastructure Construction in Europe industry's products and services?


Major Markets

Charts
  • Major Market Segmentation
Analysis

What influences demand in the Utility Infrastructure Construction in Europe industry?


International Trade

Highlights

  • Largest Importer
  • Smallest Importer
  • Total Imports into Europe
  • Largest Exporter
  • Smallest Exporter
  • Total Exports into Europe
Heat maps
  • Industry Concentration of Imports by Country
  • Industry Concentration of Exports by Country
Data Tables

Value and annual change (%) included

  • Number of Imports and Exports by European Country (2024)

Geographic Breakdown

Business Locations

Heat maps
  • Share of Total Industry Revenue by Region (2024)
  • Share of Total Industry Enterprises by Region (2024)
  • Share of Total Industry Employment by Region (2024)
  • Share of Total Industry Wages by Region (2024)

Industry Geographic Breakdown

Data Tables

Values and annual change provided for 37 European countries:

  • Revenue (2024)
  • IVA (2024)
  • Enterprises (2024)
  • Employment (2024)
  • Exports (2024)
  • Imports (2024)

Competitive Forces

Highlights

Trends
  • Concentration
  • Competition
  • Barriers to Entry
  • Substitutes
  • Buyer Power
  • Supplier Power

Key Takeaways

Infrastructure giants account for the bulk of major public works contracts. Government agencies typically reserve large-scale contracts for major multidisciplined contractors.

View more insights with purchase. View purchase options.

Supply Chain

Charts

Buyer and supply industries

Companies

Market Share

Charts
  • Industry Market Share by Company (2019-2024)

Companies

Data Tables

Top 10 companies by market share:

  • Market share (2024)
  • Revenue (2024)
  • Profit (2024)
  • Profit Margin (2024)

Data Tables
  • Countries of operation for Bouygeous SA
  • Countries of operation for Vinci SA
  • Countries of operation for Eiffage SA
  • Countries of operation for SPIE SA
  • Countries of operation for Acciona SA
  • Countries of operation for Royal Boskalis Westminster NV
  • Countries of operation for Nexans SA
  • Countries of operation for DEME NV
  • Countries of operation for SNEF SA
  • Countries of operation for ACS Actividades de Construcción y Servicios SA

External Environment

Highlights

Trends
  • Regulation & Policy
  • Assistance

Key Takeaways

Energy efficiency directives drive up construction activity. Governments across Europe have mandated stringent decarbonisation targets, necessitating significant investment in electricity networks.

View more insights with purchase. View purchase options.

External Drivers

Analysis

What demographic and macroeconomic factors impact the Utility Infrastructure Construction in Europe industry?

Financial Benchmarks

Highlights

Trends
  • Profit Margin
  • Average Wage
  • Largest Cost

Key Takeaways

Profit remains tied to investment cycles. Work on contracts tendered through public spending packages typically peaks towards the end of investment periods before tailing off in the following year, with profitability following the same trend.

View more insights with purchase. View purchase options.

Cost Structure

Charts
  • Share of Economy vs. Investment Matrix
  • Industry Cost Structure Benchmarks:
    • Marketing
    • Depreciation
    • Profit
    • Purchases
    • Wages
    • Rent
    • Utilities
    • Other
Analysis

What trends impact cost in the Utility Infrastructure Construction in Europe industry?


Key Ratios

Data tables
  • IVA/Revenue (2014-2029)
  • Imports/Demand (2014-2029)
  • Exports/Revenue (2014-2029)
  • Revenue per Employee (2014-2029)
  • Wages/Revenue (2014-2029)
  • Employees per Establishment (2014-2029)
  • Average Wage (2014-2029)

Country Benchmarks

European Leaders & Laggards

Data Tables

Top and boottom five countries listed for each:

  • Revenue Growth (2024)
  • Business Growth (2024)
  • Job Growth (2024)

European Country Performance

Data Tables

Rankings available for 37 countries. Statistics ranked include:

  • IVA/Revenue (2024)
  • Imports/Demand (2024)
  • Exports/Revenue (2024)
  • Revenue per Employee (2024)
  • Wages/Revenue (2024)
  • Employees per Establishment (2024)
  • Average Wage (2024)

Structural Comparison

Data Tables

Trends in 37 countries benchmarked against trends in Europe

  • Concentration
  • Competition
  • Barriers to Entry
  • Buyer Power
  • Supplier Power
  • Volatility
  • Capital Intensity
  • Innovation
  • Life Cycle

Key Statistics

Industry Data

Data Tables

Including values and annual change:

  • Revenue (2014-2029)
  • IVA (2014-2029)
  • Establishments (2014-2029)
  • Enterprises (2014-2029)
  • Employment (2014-2029)
  • Exports (2014-2029)
  • Imports (2014-2029)
  • Wages (2014-2029)

Methodology

Where does IBISWorld source its data?

IBISWorld is a world-leading provider of business information, with reports on 5,000+ industries in Australia, New Zealand, North America, Europe and China. Our expert industry analysts start with official, verified and publicly available sources of data to build an accurate picture of each industry.

Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and IBISWorld's proprietary database of statistics and analysis to provide balanced, independent and accurate insights. 

IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools.

To learn more about specific data sources used by IBISWorld's analysts globally, including how industry data forecasts are produced, visit our Help Center.