Global Bridge Construction Market Growth Analysis And Indications – Includes Bridge Construction Market Size
The Business Research Company’s report goes into great detail on the bridge construction market size and growth, bridge construction market regional analysis, bridge construction market competitive landscape, and other critical information needed to excel in the bridge construction industry.
Major players in the bridge construction market include ACS Group, AECOM, Balfour Beatty, China Communications Construction Company Limited, China Railway Group Ltd, Fluor, Hochtief AG, Kiewit Corporation, Samsung CAndT, VINCI, Sanford Contractors, Precon Smith Construction, Brennan, Milbocker and Sons, and WSP.
TBRC’s comprehensive market report based on extensive research will assist you in seamlessly devising your approaches in order to match key market player strategies.
The global bridge construction market size is expected to grow from $846.44 billion in 2021 to $887.11 billion in 2022 at a compound annual growth rate (CAGR) of 4.8%. The bridge construction market is expected to grow to $1,095.61 billion in 2026 at a CAGR of 5.4%.
Asia-Pacific was the largest region in the bridge construction market in 2021.
The bridge construction market consists of sales of bridge construction by entities (organizations, sole traders, and partnerships) that refer to the construction of a structure over a physical obstacle such as water bodies, valleys, and roads, to provide crossing over that obstacle. The common materials used in the construction of bridges include structural steel, reinforced concrete, pre-stressed concrete, or post-tensioned concrete, depending on the structural behavior of the bridge.
An increase in infrastructure developments across the globe is expected to propel the growth of the bridge construction market.
Introducing new technologies in construction is shaping the bridge construction market. Major companies operating in the bridge construction market are focused on implementing new technologies in bridge construction, to build bridges better and faster and contribute to longer bridge life. New Technologies like road-rail cable-stayed are used in the construction of new bridges especially bridges constructed on rivers. Further, advanced technologies such as robots, virtual reality and augmented reality technologies are being used to construct bridges at reduced operational cost and reduce the lead time of the projects.
TBRC’s Global Bridge Construction Market Report Is Segmented:
By Type: Beam Bridge, Truss Bridge, Arch Bridge, Suspension Bridge, Cable-Stayed Bridge
By Material: Steel, Concrete, Composite Material
By Application: Road and Highway, Railway
By Geography: North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
The Bridge Construction Global Market Report 2022 is one of a series of new reports from The Business Research Company that provides an overview of the bridge construction market globally and regionally, analyzes and forecasts market size, share, bridge construction market players, bridge construction market segments, leading competitor revenues, profiles and market shares.
Here Is A List Of Similar Reports From The Business Research Company:
Interested To Know More About The Business Research Company?
The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets.
Read more about us at https://www.thebusinessresearchcompany.com/about-the-business-research-company.aspx
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 8897263534
Americas: +1 315 623 0293
Follow us on LinkedIn: https://in.linkedin.com/company/the-business-research-company
Follow us on Twitter: https://twitter.com/tbrc_info
Check out our Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Found this article helpful? Share it on: