Industry revenue of “engineering activities, related technical consultancy“ in Denmark 2012-2024

The revenues generated from engineering activities and related technical consultancy have been growing steadily in Denmark, owing to the rise in construction related activities along with infrastructural projects. The sector was valued at 6.2 billion U.S. dollars in 2010 and is projected to grow over 50 percent by 2022. In fact, in most of the Nordic countries such as Sweden and Finland, industry revenues have been growing steadily, owing to the aforementioned reasons. Unsurprisingly, the number of employees working in the construction and related industries have also been rising.

EU approves construction of the Fehmarn Belt

Recently, the EU has given its approval for the construction of the Fehmarn Belt, an 18km long immersed tube tunnel between Denmark and Germany. It is said to be the world’s longest immersed tunnel and will include a double track rail link and four lane motorway. Companies involved in this project include the Vinci Group, BAM International, and Per Aarsleff to name a few. Construction is estimated to be completed in eight years and will reduce the travel time from Denmark to Germany to just ten minutes by car and seven minutes by train.

Industry revenue of “engineering activities, related technical consultancy“ in Denmark from 2012 to 2024

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Supplementary notes

* Estimate - This also applies for past years as data provided by statistical institutions often is not available for more recent years.

Currency conversion factor: (EUR -> USD) = 1.120

The industry classification is based on the NACE Rev.2 - system in Denmark. The industry “engineering activities and related technical consultancy“ has the code “M7112“.

Details on the methodology can be found here.

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