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PUBLISHER: IMARC | PRODUCT CODE: 1287534
PUBLISHER: IMARC | PRODUCT CODE: 1287534
Bridge Construction Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
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PAGES: 143 Pages
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The global bridge construction market size reached US$ 921.8 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 1,243.7 Billion by 2028, exhibiting a growth rate (CAGR) of 4.89% during 2023-2028.
Bridge construction refers to the process of building solid structures that span between supports and are designed to carry the loads. Some of the commonly used bridge construction methods include cast-in-situ, precast, balanced cantilever, span by span casting, incremental launching, arch, cable-stayed, and advanced shoring methods. The construction method employed depends on numerous factors, such as the scale of the bridge, the time allowed for construction, site accessibility, material costs, regularity of the span lengths, environmental factors, and engineering constraints. Nowadays, the demand for bridge construction is rapidly escalating across the globe since bridges are widely utilized for transportation purposes.
Bridge Construction Market Trends:
The rising road traffic and the increasing number of vehicles represent the primary factors driving the market growth. Besides this, the growing need for railway bridges due to the expansion of railway networks and the improving focus on public-private partnerships for transport infrastructure development are catalyzing the demand for bridge construction. Additionally, several favorable initiatives undertaken by the governing and non-governing agencies of various nations are positively influencing the market growth. For instance, the Global Infrastructure Hub initiative launched by G20 aims to enhance the delivery of resilient, sustainable, and inclusive infrastructure by collaborating with the public and private sectors. Furthermore, with recent technological advancements, the leading players are focusing on the development of innovative equipment and systems to facilitate faster and cost-efficient bridge construction. Along with this, the introduction of Geosynthetic Reinforced Soil-Integrated Bridge System (GRS-IBS) technology to minimize the bridge construction time and costs is propelling the market growth. Moreover, the expanding construction industry, rapid urbanization, strong economic growth, increasing investments in infrastructure development projects, and growing usage of precast concrete panels are some of the other factors creating a favorable market outlook.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global bridge construction market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on type, material and application.
Breakup by Type:
Beam Bridge
Truss Bridge
Arch Bridge
Suspension Bridge
Cable-stayed Bridge
Others
Breakup by Material:
Steel
Concrete
Composite Materials
Breakup by Application:
Road and Highway
Railway
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being ACS Group (Grupo ACS), AECOM, Balfour Beatty plc, Bouygues S.A., China Communications Construction Company Limited, China State Construction Engineering Corporation, Fluor Corporation, Kiewit Corporation, Samsung C&T Corporation, Strabag SE and Vinci SA.
Key Questions Answered in This Report:
- How has the global bridge construction market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global bridge construction market?
- What are the key regional markets?
- What is the breakup of the market based on the type?
- What is the breakup of the market based on the material?
- What is the breakup of the market based on the application?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global bridge construction market and who are the key players?
- What is the degree of competition in the industry?
Product Code: SR1623A291_Report
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Bridge Construction Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Type
- 6.1 Beam Bridge
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Truss Bridge
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 Arch Bridge
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
- 6.4 Suspension Bridge
- 6.4.1 Market Trends
- 6.4.2 Market Forecast
- 6.5 Cable-stayed Bridge
- 6.5.1 Market Trends
- 6.5.2 Market Forecast
- 6.6 Others
- 6.6.1 Market Trends
- 6.6.2 Market Forecast
7 Market Breakup by Material
- 7.1 Steel
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Concrete
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Composite Materials
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
8 Market Breakup by Application
- 8.1 Road and Highway
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Railway
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
9 Market Breakup by Region
- 9.1 North America
- 9.1.1 United States
- 9.1.1.1 Market Trends
- 9.1.1.2 Market Forecast
- 9.1.2 Canada
- 9.1.2.1 Market Trends
- 9.1.2.2 Market Forecast
- 9.1.1 United States
- 9.2 Asia-Pacific
- 9.2.1 China
- 9.2.1.1 Market Trends
- 9.2.1.2 Market Forecast
- 9.2.2 Japan
- 9.2.2.1 Market Trends
- 9.2.2.2 Market Forecast
- 9.2.3 India
- 9.2.3.1 Market Trends
- 9.2.3.2 Market Forecast
- 9.2.4 South Korea
- 9.2.4.1 Market Trends
- 9.2.4.2 Market Forecast
- 9.2.5 Australia
- 9.2.5.1 Market Trends
- 9.2.5.2 Market Forecast
- 9.2.6 Indonesia
- 9.2.6.1 Market Trends
- 9.2.6.2 Market Forecast
- 9.2.7 Others
- 9.2.7.1 Market Trends
- 9.2.7.2 Market Forecast
- 9.2.1 China
- 9.3 Europe
- 9.3.1 Germany
- 9.3.1.1 Market Trends
- 9.3.1.2 Market Forecast
- 9.3.2 France
- 9.3.2.1 Market Trends
- 9.3.2.2 Market Forecast
- 9.3.3 United Kingdom
- 9.3.3.1 Market Trends
- 9.3.3.2 Market Forecast
- 9.3.4 Italy
- 9.3.4.1 Market Trends
- 9.3.4.2 Market Forecast
- 9.3.5 Spain
- 9.3.5.1 Market Trends
- 9.3.5.2 Market Forecast
- 9.3.6 Russia
- 9.3.6.1 Market Trends
- 9.3.6.2 Market Forecast
- 9.3.7 Others
- 9.3.7.1 Market Trends
- 9.3.7.2 Market Forecast
- 9.3.1 Germany
- 9.4 Latin America
- 9.4.1 Brazil
- 9.4.1.1 Market Trends
- 9.4.1.2 Market Forecast
- 9.4.2 Mexico
- 9.4.2.1 Market Trends
- 9.4.2.2 Market Forecast
- 9.4.3 Others
- 9.4.3.1 Market Trends
- 9.4.3.2 Market Forecast
- 9.4.1 Brazil
- 9.5 Middle East and Africa
- 9.5.1 Market Trends
- 9.5.2 Market Breakup by Country
- 9.5.3 Market Forecast
10 SWOT Analysis
- 10.1 Overview
- 10.2 Strengths
- 10.3 Weaknesses
- 10.4 Opportunities
- 10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
- 12.1 Overview
- 12.2 Bargaining Power of Buyers
- 12.3 Bargaining Power of Suppliers
- 12.4 Degree of Competition
- 12.5 Threat of New Entrants
- 12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
- 14.1 Market Structure
- 14.2 Key Players
- 14.3 Profiles of Key Players
- 14.3.1 ACS Group (Grupo ACS)
- 14.3.1.1 Company Overview
- 14.3.1.2 Product Portfolio
- 14.3.2 AECOM
- 14.3.2.1 Company Overview
- 14.3.2.2 Product Portfolio
- 14.3.2.3 Financials
- 14.3.2.4 SWOT Analysis
- 14.3.3 Balfour Beatty plc
- 14.3.3.1 Company Overview
- 14.3.3.2 Product Portfolio
- 14.3.3.3 Financials
- 14.3.3.4 SWOT Analysis
- 14.3.4 Bouygues S.A.
- 14.3.4.1 Company Overview
- 14.3.4.2 Product Portfolio
- 14.3.4.3 Financials
- 14.3.4.4 SWOT Analysis
- 14.3.5 China Communications Construction Company Limited
- 14.3.5.1 Company Overview
- 14.3.5.2 Product Portfolio
- 14.3.5.3 Financials
- 14.3.5.4 SWOT Analysis
- 14.3.6 China State Construction Engineering Corporation
- 14.3.6.1 Company Overview
- 14.3.6.2 Product Portfolio
- 14.3.6.3 Financials
- 14.3.6.4 SWOT Analysis
- 14.3.7 Fluor Corporation
- 14.3.7.1 Company Overview
- 14.3.7.2 Product Portfolio
- 14.3.7.3 Financials
- 14.3.7.4 SWOT Analysis
- 14.3.8 Kiewit Corporation
- 14.3.8.1 Company Overview
- 14.3.8.2 Product Portfolio
- 14.3.9 Samsung C&T Corporation
- 14.3.9.1 Company Overview
- 14.3.9.2 Product Portfolio
- 14.3.9.3 Financials
- 14.3.10 Strabag SE
- 14.3.10.1 Company Overview
- 14.3.10.2 Product Portfolio
- 14.3.10.3 Financials
- 14.3.10.4 SWOT Analysis
- 14.3.11 Vinci SA
- 14.3.11.1 Company Overview
- 14.3.11.2 Product Portfolio
- 14.3.11.3 Financials
- 14.3.11.4 SWOT Analysis
- 14.3.1 ACS Group (Grupo ACS)
Product Code: SR1623A291_Report
List of Figures
- Figure 1: Global: Bridge Construction Market: Major Drivers and Challenges
- Figure 2: Global: Bridge Construction Market: Sales Value (in Billion US$), 2017-2022
- Figure 3: Global: Bridge Construction Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 4: Global: Bridge Construction Market: Breakup by Type (in %), 2022
- Figure 5: Global: Bridge Construction Market: Breakup by Material (in %), 2022
- Figure 6: Global: Bridge Construction Market: Breakup by Application (in %), 2022
- Figure 7: Global: Bridge Construction Market: Breakup by Region (in %), 2022
- Figure 8: Global: Bridge Construction (Beam Bridge) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 9: Global: Bridge Construction (Beam Bridge) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 10: Global: Bridge Construction (Truss Bridge) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 11: Global: Bridge Construction (Truss Bridge) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 12: Global: Bridge Construction (Arch Bridge) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 13: Global: Bridge Construction (Arch Bridge) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 14: Global: Bridge Construction (Suspension Bridge) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 15: Global: Bridge Construction (Suspension Bridge) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 16: Global: Bridge Construction (Cable-stayed Bridge) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 17: Global: Bridge Construction (Cable-stayed Bridge) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 18: Global: Bridge Construction (Other Types) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 19: Global: Bridge Construction (Other Types) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 20: Global: Bridge Construction (Steel) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 21: Global: Bridge Construction (Steel) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 22: Global: Bridge Construction (Concrete) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 23: Global: Bridge Construction (Concrete) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 24: Global: Bridge Construction (Composite Materials) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 25: Global: Bridge Construction (Composite Materials) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 26: Global: Bridge Construction (Road and Highway) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 27: Global: Bridge Construction (Road and Highway) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 28: Global: Bridge Construction (Railway) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 29: Global: Bridge Construction (Railway) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 30: North America: Bridge Construction Market: Sales Value (in Million US$), 2017 & 2022
- Figure 31: North America: Bridge Construction Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 32: United States: Bridge Construction Market: Sales Value (in Million US$), 2017 & 2022
- Figure 33: United States: Bridge Construction Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 34: Canada: Bridge Construction Market: Sales Value (in Million US$), 2017 & 2022
- Figure 35: Canada: Bridge Construction Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 36: Asia-Pacific: Bridge Construction Market: Sales Value (in Million US$), 2017 & 2022
- Figure 37: Asia-Pacific: Bridge Construction Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 38: China: Bridge Construction Market: Sales Value (in Million US$), 2017 & 2022
- Figure 39: China: Bridge Construction Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 40: Japan: Bridge Construction Market: Sales Value (in Million US$), 2017 & 2022
- Figure 41: Japan: Bridge Construction Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 42: India: Bridge Construction Market: Sales Value (in Million US$), 2017 & 2022
- Figure 43: India: Bridge Construction Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 44: South Korea: Bridge Construction Market: Sales Value (in Million US$), 2017 & 2022
- Figure 45: South Korea: Bridge Construction Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 46: Australia: Bridge Construction Market: Sales Value (in Million US$), 2017 & 2022
- Figure 47: Australia: Bridge Construction Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 48: Indonesia: Bridge Construction Market: Sales Value (in Million US$), 2017 & 2022
- Figure 49: Indonesia: Bridge Construction Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 50: Others: Bridge Construction Market: Sales Value (in Million US$), 2017 & 2022
- Figure 51: Others: Bridge Construction Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 52: Europe: Bridge Construction Market: Sales Value (in Million US$), 2017 & 2022
- Figure 53: Europe: Bridge Construction Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 54: Germany: Bridge Construction Market: Sales Value (in Million US$), 2017 & 2022
- Figure 55: Germany: Bridge Construction Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 56: France: Bridge Construction Market: Sales Value (in Million US$), 2017 & 2022
- Figure 57: France: Bridge Construction Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 58: United Kingdom: Bridge Construction Market: Sales Value (in Million US$), 2017 & 2022
- Figure 59: United Kingdom: Bridge Construction Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 60: Italy: Bridge Construction Market: Sales Value (in Million US$), 2017 & 2022
- Figure 61: Italy: Bridge Construction Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 62: Spain: Bridge Construction Market: Sales Value (in Million US$), 2017 & 2022
- Figure 63: Spain: Bridge Construction Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 64: Russia: Bridge Construction Market: Sales Value (in Million US$), 2017 & 2022
- Figure 65: Russia: Bridge Construction Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 66: Others: Bridge Construction Market: Sales Value (in Million US$), 2017 & 2022
- Figure 67: Others: Bridge Construction Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 68: Latin America: Bridge Construction Market: Sales Value (in Million US$), 2017 & 2022
- Figure 69: Latin America: Bridge Construction Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 70: Brazil: Bridge Construction Market: Sales Value (in Million US$), 2017 & 2022
- Figure 71: Brazil: Bridge Construction Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 72: Mexico: Bridge Construction Market: Sales Value (in Million US$), 2017 & 2022
- Figure 73: Mexico: Bridge Construction Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 74: Others: Bridge Construction Market: Sales Value (in Million US$), 2017 & 2022
- Figure 75: Others: Bridge Construction Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 76: Middle East and Africa: Bridge Construction Market: Sales Value (in Million US$), 2017 & 2022
- Figure 77: Middle East and Africa: Bridge Construction Market: Breakup by Country (in %), 2022
- Figure 78: Middle East and Africa: Bridge Construction Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 79: Global: Bridge Construction Industry: SWOT Analysis
- Figure 80: Global: Bridge Construction Industry: Value Chain Analysis
- Figure 81: Global: Bridge Construction Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Bridge Construction Market: Key Industry Highlights, 2022 and 2028
- Table 2: Global: Bridge Construction Market Forecast: Breakup by Type (in Million US$), 2023-2028
- Table 3: Global: Bridge Construction Market Forecast: Breakup by Material (in Million US$), 2023-2028
- Table 4: Global: Bridge Construction Market Forecast: Breakup by Application (in Million US$), 2023-2028
- Table 5: Global: Bridge Construction Market Forecast: Breakup by Region (in Million US$), 2023-2028
- Table 6: Global: Bridge Construction Market: Competitive Structure
- Table 7: Global: Bridge Construction Market: Key Players
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