The "Spain Construction Market Size, Trends, and Forecasts by Sector Commercial, Industrial, Infrastructure, Energy and Utilities, Institutional and Residential Market Analysis to 2029 (Q2 2025)" report has been added to ResearchAndMarkets.com's offering.
The Spanish construction industry is expected to grow in real terms by 3.2% in 2025, supported by a rise in Foreign Direct Investment (FDI), an easing of inflation rates, and rising building permits issued, coupled with an increase in business confidence.
According to the Spanish Directorate General for Trade and Investment, FDI in the country grew by 22% in 2024, totaling EUR40.1 billion ($43.6 billion). According to Eurostat, the construction industry's value-add grew by 2.3% year-on-year (YoY) in Q1 2025, preceded by YoY growth of 3.9% in Q4 and 0.3% in Q3 2024. In February 2025, the Ministry of Science, Innovation and Universities announced EUR240 million ($261.5 million) to promote the development of innovative and sustainable projects.
Over the remainder of the forecast period, the construction industry in Spain is expected to register an average annual growth of 3.1% from 2026 to 2029, supported by investments in the construction of renewable energy, infrastructure, and industrial projects, coupled with investment under Spain's Recovery and Resilience Plan. This plan was updated in January 2025, and now valued at EUR163 billion ($173.3 billion), including EUR80 billion ($85.1 billion) in grants and EUR83 billion ($88.3 billion) in loans.
The plan allocates EUR67 billion ($71.3 billion) for green transition projects. The plan seeks to make Spain greener, more digital, and socially inclusive by 2026. In December 2024, Spain submitted its fifth extended payment request over EUR25 billion ($26.6 billion) in grants and loans, representing around 15% of its total Recovery, Transformation, and Resilience Plan (RTRP) funds, covering 84 milestones and objectives.
The country also aims to increase the share of renewable electricity to 81% of its total energy mix by 2030, up from 60% in 2024, which will further support the growth of Spain's construction industry over the forecast period
Scope
- Historical (2020-2024) and forecast (2025-2026) valuations of the construction industry in Spain, featuring details of key growth drivers.
- Segmentation by sector (commercial, industrial, infrastructure, energy and utilities, institutional and residential) and by sub-sector
- Analysis of the mega-project pipeline, including breakdowns by development stage across all sectors, and projected spending on projects in the existing pipeline.
- Listings of major projects, in addition to details of leading contractors and consultants
Reasons to Buy
- Identify and evaluate market opportunities using our standardized valuation and forecasting methodologies
- Assess market growth potential at a micro-level with over 600 time-series data forecasts
- Understand the latest industry and market trends
- Formulate and validate business strategies using the analyst's critical and actionable insight
- Assess business risks, including cost, regulatory and competitive pressures
- Evaluate competitive risk and success factors
Key Topics Covered:
1 Executive Summary
2 Construction Industry: At-a-Glance
3 Context
3.1 Economic Performance
3.2 Political Environment and Policy
3.3 Demographics
3.4 Risk Profile
4 Construction Outlook
4.1 All Construction
- Outlook
- Latest news and developments
- Construction Projects Momentum Index
4.2 Commercial Construction
- Outlook
- Project analytics
- Latest news and developments
4.3 Industrial Construction
- Outlook
- Project analytics
- Latest news and developments
4.4 Infrastructure Construction
- Outlook
- Project analytics
- Latest news and developments
4.5 Energy and Utilities Construction
- Outlook
- Project analytics
- Latest news and developments
4.6 Institutional Construction
- Outlook
- Project analytics
- Latest news and developments
4.7 Residential Construction
- Outlook
- Project analytics
- Latest news and developments
5 Key Industry Participants
5.1 Contractors
5.2 Consultants
6 Construction Market Data
7 Appendix
For more information about this report visit https://www.researchandmarkets.com/r/lds9zm
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View source version on businesswire.com: https://www.businesswire.com/news/home/20250710390220/en/
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