Market Size of Norway Transportation Infrastructure Construction Industry
| Study Period | 2020 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2020 - 2022 |
| CAGR | > 4.00 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
Norway Transportation Infrastructure Construction Market Analysis
Norway's Transportation Infrastructure Construction Market is expected to register a CAGR of more than 4% during the forecast period (2022-2027).
COVID-19 has impacted the transportation infrastructure sector. During the initial lockdown period, construction works were halted, and social distancing factors resulted in work delays in the country. Further, the industry is in the recovery stage, as the high vaccination rate in the country helped to limit the impact of COVID-19 on its population and economy.
Furthermore, the Norway government is implementing national transportation plans to achieve sustainable development goals by 2030. Also, the government has implemented several reforms to enable the transport agencies to utilize the resources allocated to the sector more efficiently. In addition, the government introduced portfolio management to change the dynamics of the Norwegian transport sector.
Norway's government will develop the national road network around 40 landslides/rockslides. Some of the initiated major projects are E18 Lysaker-Ramstadsletta, E39 Rogfast, Rv. 555 Sotrasambandet (Sotra Connection), E39 Lønset-Hjelset, E39 Betna-Vinjeøra-Stormyra, E16 Bjørum-Skaret, Rv. 4 Roa-Gran and E6 Helgeland South.
