Tunnel Construction in the UK - Industry Market Research Report

Tunnel Construction in the UK - Industry Market Research Report

Tunnel Construction in the UK

Contractors in the tunnel construction industry construct, maintain and repair roads, railways, underground railways and pedestrian tunnels and may also provide services for utility networks, like telecommunications transmission cable routes and sewerage system courses. In the years leading up to the pandemic, tunnelling contractors benefitted from the government, placing the development of critical infrastructure at the forefront of policy. Projects involving extensive tunnelling works like Crossrail, Thames Tideway and High Speed 2 (HS2) drove revenue growth. Over the five years through 2023-24, the tunnel construction industry is expected to expand at a compound annual rate of 3.3% to just over £1 billion.

The Tunnel Construction industry includes civil engineering companies contracted to design, construct and maintain tunnels in the UK. Industry projects can consist of new work, reconstruction and repairs. This industry’s specialism is limited to tunnels and does not include road and highway construction or related activities.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.