Highway, Street and Bridge Construction Market To Witness High Exponential Growth By 2020 Ð 2026

This Highway, Street and Bridge Construction Market research report is focused at providing its reader with all the necessary details that can help them make necessary business decisions. It provides wholesome information that is necessary to understand the market inside-out.

ReportsnReports has recently added a new research report to its expanding repository. The research report, titled "Highway, Street and Bridge Construction Market," mainly includes a detailed segmentation of this sector, which is expected to generate massive returns by the end of the forecast period, thus showing an appreciable rate of growth over the coming years on an annual basis. The research study also looks specifically at the need for Highway, Street and Bridge Construction Market.

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Report Scope

This research report categorizes the highway, street and bridge construction by type. Product types include roads and highways, bridges and other.

Report Includes

- 94 data tables
- An overview of highway, street and bridge construction markets within the industry
- Analyses of global market trends with data from 2016 and 2017, and projections of compound annual growth rates (CAGRs) through 2022
- PESTLE Analysis of highway, street and bridge construction industry, and identification of growth driving factors, restraints, and market trends and strategies
- Evaluation of increased use of sophisticated technologies such as autonomous vehicles, digital technologies and how they led to improve road safety in highway, street and bridge construction industry
- Company profiles of major players in the industry,‘?including China Communications Construction Company, China Railway Construction Corporation Limited (CRCC), China Railway Group Ltd. (CREC), Grupo ACS and Vinci SA

Summary

The global highway, street and bridge construction market is registering strong growth due to increasing investments, government initiatives, and economic growth in developing and developed economies. At the same time, emerging market growth, low interest rate environment, rapid urbanization, rising population, improving technology, and growth in construction industry and is driving the demand for highway, street and bridge construction.

The market for highway, street and bridge construction reached a value of nearly $1,464.6 billion in 2017 and is expected to grow at a compound annual growth rate (CAGR) of 8.4% to nearly $2,191.5 billion by 2022.

The market for highway, street and bridge construction is fairly concentrated with a few large players dominating the market. Major players in the market are China Railway Group Ltd, China Railway Construction Corporation Limited, Groupo ACS, VINCI and others.

Roads and highways accounted for the largest share of the market for highway, street and bridge construction in 2017 at REDACTED. The highest growth is also projected to come from Bridges, which isforecasted to grow at a CAGR of REDACTED. Major factors included economic growth, increasing investmentsand high demand for enhanced connectivity from nations across the world.

Asia Pacific is the largest market for highway, street and bridge, accounting for REDACTED of the global market.North America, and Middle East followed it. Going forward, Eastern Europe is expected to witness thefastest growth in the highway, street and bridge market, estimated to grow at a CAGR of REDACTED, followedby Africa, which is expected to grow at a CAGR of REDACTED.

China is the largest market in terms of value and in the highway, street and bridge construction market.Russia and India are forecasted to have the fastest growth, growing at a CAGR of REDACTED and REDACTED,respectively.

The market is challenged by restraints such as decline in stringent regulations, uncertain market conditions, decrease in productivity and shortage of workforce.

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Recent Industry Trend:

The report contains the profiles of various prominent players in the Global Highway, Street and Bridge Construction Market. Different strategies implemented by these vendors have been analyzed and studied in order to gain a competitive edge, create unique product portfolios and increase their market share. The study also sheds light on major global industry vendors. Such essential vendors consist of both new and well-known players. In addition, the business report contains important data relating to the launch of new products on the market, specific licenses, domestic scenarios and the strategies of the organization implemented on the market.

Scope of the Report:

Through following the Highway, Street and Bridge Construction Market through depth, the readers should find this study very helpful. The aspects and details are depicted by charts, bar graphs, pie diagrams, and other visual representations in theHighway, Street and Bridge Construction Market study. This intensifies the representation of the pictures and also helps to improve the facts of the Highway, Street and Bridge Construction Market industry. At a substantial CAGR, the Highway, Street and Bridge Construction Market is likely to grow. Highway, Street and Bridge Construction Market report's main objective is to guide the user to understand the market in terms of its definition, classification, industry potential, the latest trends, and the challenges facing the Highway, Street and Bridge Construction Market.

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