Bridge Construction Global Market Report 2022

“Bridge Construction Global Market Report 2022 ” from The Business Research Company provides the strategists, marketers and senior management with the critical information they need to assess the global bridge construction market.

This report focuses on bridge construction market which is experiencing strong growth. The report gives a guide to the bridge construction market which will be shaping and changing our lives over the next ten years and beyond, including the markets response to the challenge of the global pandemic.

Reasons to Purchase

• Gain a truly global perspective with the most comprehensive report available on this market covering 12+ geographies.

• Understand how the market is being affected by the coronavirus and how it is likely to emerge and grow as the impact of the virus abates.

• Create regional and country strategies on the basis of local data and analysis.

• Identify growth segments for investment.

• Outperform competitors using forecast data and the drivers and trends shaping the market.

• Understand customers based on the latest market research findings.

• Benchmark performance against key competitors.

• Utilize the relationships between key data sets for superior strategizing.

• Suitable for supporting your internal and external presentations with reliable high quality data and analysis

• Report will be updated with the latest data and delivered to you within 3-5 working days of order.

Where is the largest and fastest growing market for the bridge construction? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? “The Bridge Construction market global report ” from The Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography. It places the market within the context of the wider bridge construction market, and compares it with other markets.

• The market characteristics section of the report defines and explains the market.

• The market size section gives the market size ($b) covering both the historic growth of the market, the influence of the COVID-19 virus and forecasting its growth.

• Market segmentations break down market into sub markets.

• The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.

• Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.

• The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

• The bridge construction market section of the report gives context. It compares the bridge construction market with other segments of the bridge construction market by size and growth, historic and forecast. It analyses GDP proportion, expenditure per capita, bridge construction indicators comparison.

Scope

Markets Covered:

• 1) By Type: Beam Bridge; Truss Bridge; Arch Bridge; Suspension Bridge; Cable-Stayed Bridge

• 2) By Material: Steel; Concrete; Composite Material

• 3) By Application: Road And Highway; Railway

• Companies Mentioned: ACS Group; AECOM; Balfour Beatty; China Communications Construction Company Limited; China Railway Group Ltd.

• Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA

• Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

• Time series: Five years historic and ten years forecast.

• Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,

• Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.

• Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

Executive Summary

Major players in the bridge construction market are: 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.

The global bridge construction market 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%.

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.

The main types of bridge construction include beam bridge, truss bridge, arch bridge, suspension bridge, and cable-stayed bridge. The beam bridge consists of the sales of beam bridge construction by entities (organizations, partnerships, and sole proprietors) that refers to horizontal structure that rests on two-end supports, and carries traffic by acting as a beam. The beam possesses the strength to bear the dynamic and static loads acted on it. The materials used in bridge construction include steel, concrete and composite material. The applications of bridge construction include roads and highways and railways.

Asia-Pacific was the largest region in the bridge construction market in 2021. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the bridge construction market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The bridge construction market research report is one of a series of new reports from The Business Research Company that provides bridge construction market statistics, including bridge construction industry global market size, regional shares, competitors with a bridge construction market share, detailed bridge construction market segments, market trends and opportunities, and any further data you may need to thrive in the bridge construction industry. This bridge construction market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

An increase in infrastructure developments across the globe is expected to propel the growth of the bridge construction market. Infrastructure refers to physical and organizational structures and facilities that are needed for the operations of enterprises and society. This infrastructure consists of constructions such as buildings, roads, power supplies, and bridges and helps to promote the long-term viability of households and businesses. Bridges come under hard infrastructure which makes up the physical systems that help to manage growing traffic. For instance, in February 2021, according to Financial express-news, according to the study published by the Department for Promotion of Industry and Internal Trade (DPIIT), FDI investments in construction and development infrastructure were $17.22 billion in 2020, which is expected to increase to $1.4 trillion by end of 2023. Thus, the increase in investments in the development of infrastructure will support the growth of bridge construction going forward.

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. For instance, the new under-construction arch steel bridge in Bangladesh is constructed with advanced technology in bridge maintenance and management to improve the structural performance of the bridges.

In September 2020, Southland Holding is a US-based construction company acquired by American Bridge Company for an undisclosed amount. With this acquisition, American Bridge Company will become part of Southland Holding and operates under Southland Holding. This acquisition helps Southland Holdings' to diversify its business in the construction of tunneling, facilities and pipelines, heavy highway, bridge, and marine construction. American Bridge Company is a US-based company that constructs buildings roads and bridges.

The countries covered in the bridge construction market report are: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.