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Bridge Construction Market by Type, Material, Application, Forecast- 2020–2027 | Key Drivers, Restraints and Opportunities

03-17-2021 10:30 AM CET | Industry, Real Estate & Construction

Press release from: Allied Market Research

/ PR Agency: Allied Market Research
Bridge Construction Market

Bridge Construction Market

The global bridge construction market size was valued at $908.0 billion in 2019, and is projected to reach $1,212.6 billion by 2027, registering a CAGR of 4.6% from 2020 to 2027.

A bridge is a super-structure that spans horizontally between supports. The major function of a bridge is to carry vertical loads. It provides a way over an obstacle without closing the way under the bridge. These obstacles include a valley river, a railway, or a road. The bridge design depends upon the type of bridge being constructed. It is a huge project that requires the skills related to engineering disciplines.

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These engineering disciplines include civil, mechanical, geology, electrical, and computer sciences; therefore, all engineering disciplines must work together for the success of the project. Most funding for bridge construction projects comes from government sources and industry performance can be tied to government spending. For example, the Government of India in 2019-2020 has allocated US$63.20 billion for the infrastructure sector. Bridges are mainly used for transportation.

Key Players

ACS Group
AECOM
Balfour Beatty
China Communications Construction Company Limited
China Railway Group Ltd
Fluor
HOCHTIEF AG
Kiewit Corporation
SAMSUNG C&T
VINCI

Key Benefits For Stakeholders

The report provides an extensive analysis of the current and emerging bridge construction market trends and dynamics.

In-depth bridge construction market analysis is conducted by constructing estimations for the key segments between 2019 and 2027.

Extensive analysis of the bridge construction market is conducted by following key product positioning and monitoring of the top competitors within the market framework.

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A comprehensive analysis of all the regions is provided to determine the prevailing opportunities.

The global bridge construction market forecast analysis from 2020 to 2027 is included in the report.

The key players operating in the bridge construction market are profiled in this report, and their strategies are analyzed thoroughly, which help understand the competitive outlook of the bridge construction industry.

Scope of The Report

By Type

Beam Bridge
Truss Bridge
Arch Bridge
Suspension Bridge
Cable-stayed Bridge
Others

By Material

Steel
Concrete
Composite Materials

By Application

Road & Highway
Railway

By Region

North America
Europe
Asia-Pacific
LAMEA

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Contact:
David Correa
Portland, OR, United States
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Fax: +1(855)550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com
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About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of Market Research Reports and Business Intelligence Solutions. AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains.

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