Market Size of Switzerland Transportation Infrastructure Construction Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 19.00 Billion |
| Market Size (2029) | USD 24.98 Billion |
| CAGR (2024 - 2029) | 5.63 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Switzerland Transportation Infrastructure Construction Market Analysis
The Switzerland Transportation Infrastructure Construction Market size is estimated at USD 19 billion in 2024, and is expected to reach USD 24.98 billion by 2029, growing at a CAGR of 5.63% during the forecast period (2024-2029).
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 were also equally affected by the pandemic. Even though there were only isolated construction site closures due to the coronavirus, the companies affected were exposed to considerable additional costs. The government mobilized a massive aid package to help the economy, spending nearly 15 billion Swiss francs (USD 16.58 billion) in 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 2022, the length of the road network was 84,600 km, including 1,544 km of motorways and about 17,200 km of cantonal roads. Compared with the road network, the Swiss rail network "only" covers about 5,300 km. 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 Harlingen is due to go into operation in ten years.
