Press release
Europe steel bridge market is expected to reach USD 131.1 Billion by the end of 2025 from USD 101.5 Billion in 2017 : Top keyplayers are VINCI, Bechtel Corporation, Hochtief AG, Skanska, Balfour Beatty, Bouygues Construction, Ferrovial, Fluor Corporation
Market Trends in Europe Steel Bridge MarketFeb 16, 2018: The A14 integrated delivery team comprised of Balfour Beatty, Costain and Skanska has successfully completed the second of 34 bridges and main structures on the UK’s biggest road project.
March 21, 2018: The Institution of Civil Engineers (ICE) in partnership with AECOM, unveiled the world’s longest span bridge built with LEGO bricks, at elements in West Kowloon, Hong Kong.
Request For Free Sample@ https://www.kennethresearch.com/sample-request-10076347
Market Overview & Growth Highlights
Steel bridges are designed to complement many other materials, notably HPC and other advanced composite materials and to provide structures with superior durability and extended life span. Increasing investment in various construction related research and development activities is anticipated to drive the demand for steel bridges. Apart from this, enhancement of new technologies in construction sector due to the continuous research and development activities is likely to embark the growth of Europe steel bridge market in the upcoming years. Factors such as increasing construction solutions provided by steel makers for bridges is expected to drive the market of steel bridge in Europe at a CAGR of 3.4% across the forecast period i.e. 2018-2025. Further, Europe steel bridge market is expected to reach USD 131.1 Billion by the end of 2025 from USD 101.5 Billion in 2017. Germany is the prominent country in the region that is expected to cross USD 30.0 Billion by the end of 2025.
Market Segmentation Synopsis
By Type
The Europe steel bridge market has been segmented by type into through truss bridge, half through truss bridge, deck truss, bow-string trusses and others, out of which, the through truss bridge segment garnered the highest share of around 44% in the region during 2017 and is believed to grow at a CAGR of 3.7% over the forecast period. The second largest share was held by half through truss bridge segment with a total market share of 33.0% in 2017 and is further predicted for the positive growth by the end of 2025.
Buy Now@ https://www.kennethresearch.com/report-purchase-id-10076347
Market Drivers & Challenges
Growth Indicators
The Europe steel bridge market is riding on the back of mechanical properties of steel as steel does not warp, split, crack or creep and is an isotropic material, which means it has the same dimensional properties in all directions. Since there is no "grain," the strength of steel is the same in all loading directions. Along with that, steel is light in weight and require less costly equipment to lift the material which can be used on construction sites. Such factors make it highly preferred construction material for bridges over conventionally used material such as concrete. Additionally, steel offers cost effectiveness over a long span of time as they need low maintenance, have longer life as compared to other types of bridges and they do not need to be replaced as frequently.
The construction of the steel bridges takes less time in comparison to concrete bridges which results into economic and safety benefits along with the less time consuming duration of steel bridge construction that minimizes the disruption of public mobility.
Additionally, steel from a dismantle bridge can be used again for another project because steel is fully recyclable and does not lose its properties upon being recycled. These factors are also believed to aid the Europe steel bridge market to grow in the near future.
Barriers
Presence of cheaper alternatives with less initial manufacturing cost, presence of various alternatives in the market such as concrete are expected to slow down the growth of the steel bridge market in Europe region. Further, the cost constraints attached to the manufacturing and construction along with the need for high skilled labor might result in decreased demand for the steel bridges in the future.
Competitive Landscape
Some of the affluent industry leaders in the Europe steel bridge market are VINCI, Bechtel Corporation, Hochtief AG, Skanska, Balfour Beatty, Bouygues Construction, Ferrovial, Fluor Corporation and AECOM.
WWF France and Bouygues Construction are now renewing their partnership for the period 2017-2020 to pursue the development of sustainable urban projects in France at neighborhood level and committing to more responsible timber supply in order to reduce the footprint on forests.
Moreover, other key and niche players are working towards the expansion of product portfolio along with investing in research and development activities to provide innovative and advanced technologies to address the changing industry demands in order to gain competitive edge in the Europe steel bridge market.
Read More@ https://www.kennethresearch.com/report-details/europe-steel-bridge-market/10076347
About Kenneth Research
Kenneth Research is a reselling agency providing market research solutions in different verticals such as Automotive and Transportation, Chemicals and Materials, Healthcare, Food & Beverage and Consumer Packaged Goods, Semiconductors, Electronics & ICT, Packaging, and Others. Our portfolio includes set of market research insights such as market sizing and market forecasting, market share analysis and key positioning of the players (manufacturers, deals and distributors, etc), understanding the competitive landscape and their business at a ground level and many more. Our research experts deliver the offerings efficiently and effectively within a stipulated time. The market study provided by Kenneth Research helps the Industry veterans/investors to think and to act wisely in their overall strategy formulation
Contact Us
1412 Broadway,
21st Floor Suite MA111,
New York, NY 10018
Name:David
Email:sales@kennethresearch.com
Phone: +1 313 462 0609
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Europe steel bridge market is expected to reach USD 131.1 Billion by the end of 2025 from USD 101.5 Billion in 2017 : Top keyplayers are VINCI, Bechtel Corporation, Hochtief AG, Skanska, Balfour Beatty, Bouygues Construction, Ferrovial, Fluor Corporation here
News-ID: 1608344 • Views: …
More Releases from Kenneth Research

Global Cardiovascular Pharmaceuticals Market to be Propelled by Growing Investme …
Kenneth Research published a report titled "Cardiovascular Pharmaceuticals Market: Global Demand Analysis & Opportunity Outlook 2033" which delivers detailed overview of the global cardiovascular pharmaceuticals market in terms of market segmentation by drug class, distribution channel, indication and by region.
Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with…

Global Family Office Market to be Propelled by Surging Number of New Businesses …
Kenneth Research published a report titled "Family Office Market: Global Demand Analysis & Opportunity Outlook 2031" which delivers detailed overview of the global family office market in terms of market segmentation by services, type, net worth managed, and by region.
Access Full Description: https://www.kennethresearch.com/report-details/family-office-market/10346745
Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that…
Photomask Market Growth Analysis by Revenue, Size, Share, Scenario on Latest Tre …
Kenneth Research provides an extensive study by our analysts which offers forecast assessment by correlating the historical data with key market dynamics. The Photomask Market further includes trends and opportunities that are highlighted, along with the market valuation. The market is segmented by segments and portrays the industry overview along with elaborate description of the market for the forecast period 2020-2025. The report also constitutes future growth statistics which is…
Embedded Systems Market 2020 New Innovations Trends, Research, Global Share and …
Kenneth Research provides an extensive study by our analysts which offers forecast assessment by correlating the historical data with key market dynamics. The Embedded Systems Market further includes trends and opportunities that are highlighted, along with the market valuation. The market is segmented by segments and portrays the industry overview along with elaborate description of the market for the forecast period 2020-2025. The report also constitutes future growth statistics which…
More Releases for Europe
2019 Strategy Consulting Market Analysis | McKinsey, The Boston Consulting Group …
Strategy Consulting Market reports also offer important insights which help the industry experts, product managers, CEOs, and business executives to draft their policies on various parameters including expansion, acquisition, and new product launch as well as analyzing and understanding the market trends
Need for strategic planning in highly competitive environment and to develop business capabilities to meet & exceed the emerging requirements are the major drivers which help in surging…
Strategy Consulting Market 2025 | Analysis By Top Key Players: Booz & Co. , Rola …
Global Strategy Consulting Market 2019-2025, has been prepared based on an in-depth market analysis with inputs from industry experts. This report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
The key players covered in this study
McKinsey , The Boston Consulting Group , Bain & Company , Booz & Co. , Roland Berger Europe…
Digital Strategy Consulting Market is Thriving Worldwide with Deloitte, McKinsey …
A Digital Strategy is a form of strategic management and a business answer or response to a digital question, often best addressed as part of an overall business strategy. A digital strategy is often characterized by the application of new technologies to existing business activity and focus on the enablement of new digital capabilities to their business.
A new report as a Digital Strategy Consulting market that includes a comprehensive analysis…
Strategy Consulting Market 2019: By McKinsey, The Boston Consulting Group, Bain …
This report studies the global Strategy Consulting market, analyzes and researches the Strategy Consulting development status and forecast in United States, EU, Japan, China, India and Southeast Asia. This report focuses on the top players in global market, like
• McKinsey
• The Boston Consulting Group
• Bain & Company
• Booz & Co.
• Roland Berger Europe
• Oliver Wyman Europe
• A.T. Kearney Europe
• Deloitte
• Accenture Europe
Get Sample Report@ https://www.reporthive.com/enquiry.php?id=1247388&req_type=smpl&utm_source=AB
Market segment by Type, the product can be split into
• Operations Consultants
• Business Strategy Consultants
• Investment Consultants
• Sales and…
Strategy Consulting Market Analysis 2018: McKinsey, The Boston Consulting Group, …
Orbis Research Present’s “Global Strategy Consulting Market” magnify the decision making potentiality and helps to create an effective counter strategies to gain competitive advantage.
The global Strategy Consulting status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Strategy Consulting development in United States, Europe and China.
In 2017, the global Strategy Consulting market size was million US$ and it is expected to reach million…
Influenza Vaccination Market Global Forecast 2018-25 Estimated with Top Key Play …
UpMarketResearch published an exclusive report on “Influenza Vaccination market” delivering key insights and providing a competitive advantage to clients through a detailed report. The report contains 115 pages which highly exhibits on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability. This report focuses on the Influenza Vaccination market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This…