DUBLIN–(BUSINESS WIRE)–The “Hungary Construction Market Size, Trends, and Forecasts by Sector – Commercial, Industrial, Infrastructure, Energy and Utilities, Institutional and Residential Market Analysis to 2029 (H2 2025)” report has been added to ResearchAndMarkets.com’s offering.
The construction industry in Hungary is expected to contract slightly in real terms by 2% in 2025, due to a slowdown in real estate and industrial construction activity. This decline is being driven by rising political uncertainty ahead of the 2026 parliamentary elections and an increasing shortage of labour.
According to the Hungarian Central Statistical Office (KSH), the total value added of real estate activities in the country fell marginally by 0.2% year-on-year (YoY) in the first half of 2025, compared to an annual growth of 0.2% in 2024. The Hungarian construction industry is also expected to be impacted by elevated budget deficits and fluctuating economic growth in the short term.
The budget deficit is placing significant pressure on the economy and the 2026 budget, with the year-to-date deficit already reaching 70% of the full-year target by September 2025. Ongoing disputes with Brussels overrule of law issues continue to cloud access to European Union (EU) funding, a critical source of infrastructure financing.
However, the analyst expects Hungary’s construction industry to rebound, recording an average annual growth rate of 4.7% between 2026 and 2029. This recovery will be supported by increased investment in transport, renewable energy, and housing infrastructure projects. Construction began on the M1 main line motorway project in September 2025, which involves widening a 78km section of the M1 motorway between Budapest and Gyor.
The project is expected to be completed by August 2029. Growth over the forecast period will also be driven by the government’s goal of achieving a 20% share of renewables in the national energy mix by 2030, along with a one-gigawatt (GW) energy storage capacity target by the same year.
Report Scope
Reasons to Buy
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
4.2 Commercial Construction
4.3 Industrial Construction
4.4 Infrastructure Construction
4.5 Energy and Utilities Construction
4.6 Institutional Construction
4.7 Residential Construction
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/a4bqif
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