PUBLISHER: GlobalData | PRODUCT CODE: 1930558
PUBLISHER: GlobalData | PRODUCT CODE: 1930558
This report provides a detailed analysis of bridge construction projects globally, based on projects tracked by GlobalData.
The global bridge construction projects pipeline, which includes bridge projects specifically and other road or rail projects with a significant bridge component, is valued at $677.2 billion. In terms of region, North America accounts for the largest share of global value, with a pipeline valued at $142.7 billion. The project pipeline in North-East Asia is the second highest, with a total of $137.2 billion, ahead of Western Europe with a pipeline value of $91.5 billion. In Eastern Europe, the pipeline currently stands at a value of $85.8 billion. The global bridge projects pipeline is skewed towards projects in the later stages of development, with the combined value of projects in the pre-execution and execution stages accounting for $462.3 billion of global pipeline value, equating to a 68.3% share. According to the available data currently in the pipeline, as tracked by GlobalData, and assuming all projects are completed as planned, a total of 2,399km of new and upgraded bridges will be built globally. By region, South-East Asia is expected to build a total of 584km, followed by South Asia, where 507.3km of bridges are expected to be built.