PUBLISHER: GlobalData | PRODUCT CODE: 1861091
PUBLISHER: GlobalData | PRODUCT CODE: 1861091
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 $671.1 billion. In terms of region, North-East Asia accounts for the largest share of global value, with a pipeline valued at $142.8 billion. The project pipeline in North America is the second highest, with a total of $136.7 billion, ahead of South-East Asia with a pipeline value of $107 billion. In Eastern Europe, the pipeline currently stands at a value of $80.4 billion. North-East Asia being one of the major regions for bridge construction growth, is being driven by ongoing investment in expanding the region's transportation infrastructure. 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 $444.9 billion of global pipeline value, equating to a 66.3% 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 2,186.8km of new and upgraded bridges will be built globally. By region, South-East Asia is expected to build a total of 573.5km, followed by South Asia, where 464.4km of bridges are expected to be built