Project Insight - Global Bridge Construction Projects (Q4 2024)
Summary
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 $478.3 billion. In terms of region, North America accounts for the largest share of global value, with a pipeline valued at $114.9 billion. The bridge project pipeline in North-East Asia is the second highest, with a total of $93 billion, ahead of South-East Asia with a pipeline value of $67.9 billion. In Western Europe, the pipeline currently stands at a value of $54.6 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 $332.8 billion of global pipeline value, equating to a 69.6% share. Assuming all projects in the pipeline proceed according to their schedules and spending is distributed evenly across the execution stages, annual pipeline expenditure will reach $59.1 billion in 2025 and $62.1 billion in 2026
Scope
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