Global Bridge Construction Market Growth (Status and Outlook) 2023-2029
Bridges are structures erected over rivers, lakes and seas to enable the smooth passage of vehicles and pedestrians. In order to adapt to the modern high-speed development of the transportation industry, bridges are also extended to cross mountain and streams, poor geology or to meet other transportation needs and erected to make the passage more convenient buildings.
Bridges are generally composed of superstructure, substructure, bearings and appurtenant structures, superstructure is also called bridge span structure, is the main structure across the barrier; substructure includes abutments, piers and foundations; bearings for the bridge span structure and piers or abutments at the support set by the force transfer device; appurtenant structures refer to the bridge head lap, tapered berm, bank protection, diversion works, etc.
According to the structure:
There are Beam Bridge, arch bridge, truss bridge, suspension bridge, combined system bridge (cable-stayed bridge) five basic types
According to the length of:
Special bridge (L>1000m); bridge (100m≤L≤1000m); bridge (30m
Statistical classification of this report: by structure
LPI (LP Information)' newest research report, the “Bridge Construction Industry Forecast” looks at past sales and reviews total world Bridge Construction sales in 2022, providing a comprehensive analysis by region and market sector of projected Bridge Construction sales for 2023 through 2029. With Bridge Construction sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Bridge Construction industry.
This Insight Report provides a comprehensive analysis of the global Bridge Construction landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Bridge Construction portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Bridge Construction market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Bridge Construction and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Bridge Construction.
The global Bridge Construction market size is projected to grow from US$ 904980 million in 2022 to US$ 1202920 million in 2029; it is expected to grow at a CAGR of 4.1% from 2023 to 2029.
Global key players of Bridge Construction include China Railway Group Ltd, China State Construction Engineering, China Communications Construction Company Limited, VINCI, Strabag and ACS GROUP, etc. Top five players occupy for a share about 17%. Asia-Pacific is the largest market, with a share about 37%, followed by North America and Europe. In terms of product, Beam Bridge is the largest segment, with a share over 31%. In terms of application, Road & Highway is the largest market, with a share over 55%.
This report presents a comprehensive overview, market shares, and growth opportunities of Bridge Construction market by product type, application, key players and key regions and countries.
Market Segmentation:
Segmentation by type
Beam Bridge
Truss Bridge
Arch Bridge
Suspension Bridge
Cable-stayed Bridge
Others
Segmentation by application
Road & Highway
Railway
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
China Railway Group Ltd
China State Construction Engineering
China Communications Construction Company Limited
VINCI
Strabag
ACS GROUP
Bouygues Travaux Publics S.A.S.
Wagman Heavy Civil
Fluor
Kiewit Corporation
SAMSUNG C&T
Balfour Beatty
Precon Smith Construction
Sanford Contractors
Brennan
Larson Construction
Milbocker & Sons
Please note: The report will take approximately 2 business days to prepare and deliver.
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