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The Switzerland Transportation Infrastructure Construction Market is expected to grow at a CAGR of more than 6.0% during the forecast period (2022 -2027).
The Swiss economy contracted by 2.9% in 2020, the worst downturn in more than 40 years as the COVID-19 pandemic battered the service sector. Smaller trade companies and large construction companies are equally affected by the corona pandemic. Even though there have only been isolated construction site closures due to the coronavirus, the companies affected are exposed to considerable additional costs. The government has mobilized a massive aid package to help the economy, spending nearly 15 billion Swiss francs (USD 16.58 billion) in the year 2020 on schemes such as support for short-time work and loss of earnings.
Compared to those of other countries, the Swiss transport infrastructure is highly developed. They occupy just over 2% of the national territory and almost a third of the housing and infrastructure areas. In 2021, the length of the road network was 84,114 km, including 1,544 km of motorways. The rail network measured 5317 km in 2020. In the field of air traffic, the three airports of Zurich, Geneva and Basel provide connections with European and world airports. The eleven regional airfields are primarily used for business flights, pleasure flights and work flights. The infrastructure is further complemented by 126 km of rack railways, 316 km of tram tracks, 1037 km of cable transport lines and 109 km of oil pipelines.
Over the next 25 years, an underground freight transport system is to be built right across Switzerland which will significantly relieve the burden on motorways and railways. Political support for the freight metro is also in place: the Federal Council decided to create the legal basis for CST in January 2020. The project schedule is ambitious: the first section from Zurich to Harkingen is due to go into operation in ten years.
Scope of the Report
The transportation infrastructure construction market includes a wide range of construction activities involving reforming the existing constructions, building new infrastructures, and extending or demolishing projects. A complete assessment of the Switzerland Transportation Infrastructure Construction Market includes an assessment of the economy market overview, market size estimation for key segments, and emerging trends in the market segments in the report. The report sheds a light on the market trends like growth factors, restraints, and opportunities in this sector. The competitive landscape of the Switzerland Transportation Infrastructure Construction Market is depicted through the profiles of active key players. The report also covers the impact of COVID – 19 on the market and the future projections.
The Switzerland Transportation Infrastructure Construction Market is segmented By Type (Roadways, Railways, Ports & Inland Waterways, Airways). For each segment, the market sizing and forecasts have been done on the basis of value (USD billion).
|Ports and Inland Waterways|
Key Market Trends
Roads and Tunnels Constructions Driving the Market
Switzerland is a country of tunnels. It is characterized by the tricky topography with a large proportion of mountains, the high degree of mobility, and the effort to provide quantitatively good infrastructures for all parts of the country. There are roughly 1300 tunnels and galleries with a total length in excess of 2000 km to be found in Switzerland and they are continuing to be built. In 2021, the Swiss Confederation invested around CHF 2.9 billion in the motorway network to finance maintenance, operation, improvement, and construction work, as per the budget approved by parliament. CHF 1.826 billion was earmarked for upgrading and maintenance work and CHF 396 million for major projects within the framework of the Strategic Motorway Development Program (PROSTRA). In addition, some CHF 439 million is earmarked for operations and 249 million for the completion of the network decreed in 1960.
The Federal Department of the Environment, Transport, Energy and Communications (DETEC) approved the 2021 Program for Motorways in Operation and the 2021 Work Program for the Completion of the Network. The 37 ft 9 in (11.5 m) width paving of the Gubrist Tunnel demanded optimal coordination and maximum efficiency. It’s one of the biggest infrastructure projects in Switzerland: The third tube of the 2 mile (3.2 km) long Gubrist Tunnel is scheduled to open in 2022 as part of the northern bypass route around the city of Zurich. With a diameter of 52 ft 6 in (16 m), it is the largest tunnel tube in the country, and is intended to ease chronic congestion on the route by providing three additional lanes toward St. Gallen and Berne. The demands on the road construction method were correspondingly high.
Construction has begun on the second Gotthard Road Tunnel between Switzerland and Italy. The project, which was supposed to be announced in the spring but delayed due to COVID-19, will be completed by 2029 at a cost of CHF 2,14 billion. The tunnel is one of the fastest ways for a vehicle to get across the Swiss mountains to Italy and vice-versa. The tunnel is 16,9 kilometers long and serves over 17.000 vehicles a day. Along with the Gotthard Train Tunnel for public transport, it cuts through the mountainside, reducing journeys times by up to 40 minutes.
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Airports Infrastructure Driving the Market
Switzerland is a landlocked country located in central Europe. Foreign tourists accounted for approximately 5.3% of the income generated by exports in Switzerland. This places tourism in the 3rd position of Swiss exports. The Alps are also among the most visited regions. About 60-80 million people visit the Alps each year as tourists. Tourism activities in the Alps generate close to EUR 50 billion in annual turnover.
The busiest airports in Switzerland are in Zurich, Geneva, and Basel. Zurich Airport had the lion's share of passengers in 2019 with more than 31.5 million passengers flying from the airport. Following Zurich, Geneva was the second-busiest Swiss airport with 17.9 million passengers in 2019.
Zurich Airport, the largest international airport in Switzerland, is undergoing a series of developments to meet future air travel demand. Operated by Flughafen Zurich, the international airport is currently carrying out the Zone West project, which mainly aims at improving aviation hangar space. The airport is also expanding the baggage sorting system, constructing a new retail and commercial space called The Circle, expanding landside passenger zones, and developing the nearby Glatt area. The works on the extension of the apron under phase 1.2 commenced in March 2020 and the new stands are expected to start operations in 2022.
In July 2021, The Zurich Airport International signed a shareholder agreement with the Uttar Pradesh government's entity NIAL in Lucknow for the development of the Noida International Airport.
Geneva Airport in Switzerland will officially inaugurate its new East Wing this spring after more than a decade of design and construction. Praised for its green credentials, the new CHF 610m (USD 666 million) East Wing hosted its first flight in December 2021 with an international departure for New York. The glass-walled rectangular facility stretches 520m in length and can accommodate nearly 2,800 passengers an hour at departures, and 3,000 at arrivals.
The Switzerland Transportation Infrastructure Construction Market is fragmented, owing to the presence of major local and international players. Implenia Schweiz AG, WALO, Induni & Cie SA, Cellere-Gruppeare and Georges Chetelat SA are among the major players in the market. In the transportation infrastructure market, demand for sustainability and technical developments has increased, and companies are investing to stay competitive. The market offers chances for upcoming businesses because of rising government investments in the industry. The market presents opportunities for growth during the forecast period, which is expected to further drive market competition.
Aug 2021: The Marti Group, one of the biggest contractors in Switzerland, has been actively promoting digitization in the construction industry for many years, from structural to civil engineering. The Gubrist tunnel project made use of a system that made it possible to actively manage job site procedures, in addition, to digitally visualizing planning. The widest tunnel in Switzerland uses Vogele for clever road construction.
Oct 2021: The reinforced concrete blocks from the walls of a building that is being restored were used to construct a footbridge prototype by researchers from Switzerland's École Polytechnique Federale de Lausanne (EPFL). At a ceremony held at the Smart Living Lab in Fribourg, Switzerland, the footbridge was officially opened.
Table of Contents
1.1 Study Assumptions
1.2 Scope of the Study
2. Research Methodology
3. Executive Summary
4. Market Insights
4.1 Market Overview
4.2 Market Dynamics
4.3 Government Regulations and Initiatives
4.4 Supply Chain/Value Chain Analysis
4.5 Porter's Five Forces Analysis
4.6 Technology Snapshot and Digital Trends
4.7 Modernization of the Transportation Infrastructure Sector
4.8 Major Infrastructure Development Projects
4.9 Impact of COVID-19 on the Market
5. Market Segmentation
5.1 By Type
5.1.4 Ports and Inland Waterways
6. Competitive Landscape
*List Not Exhaustive
6.1 Market Concentration Overview
6.2 Company Profiles
6.2.1 Implenia Schweiz AG
6.2.3 Marti Holding AG
6.2.4 Frutiger Unternehmungen AG
6.2.5 Induni & Cie SA
6.2.8 Keller-Frei Zurich
6.2.9 Georges Chetelat SA
6.2.10 Schneider Stahlbau AG*
7. Market Opportunities and Future Trends
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Frequently Asked Questions
What is the study period of this market?
The Switzerland Transportation Infrastructure Construction Market market is studied from 2018 - 2027.
What is the growth rate of Switzerland Transportation Infrastructure Construction Market?
The Switzerland Transportation Infrastructure Construction Market is growing at a CAGR of >6% over the next 5 years.
Who are the key players in Switzerland Transportation Infrastructure Construction Market?
Implenia Schweiz AG, WALO , Marti Holding AG, Frutiger Unternehmungen AG, Induni & Cie SA are the major companies operating in Switzerland Transportation Infrastructure Construction Market.