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Bridges And Tunnels Market 2023 : Trends, Business Growth And Major Driving Factors | China Railway Construction Corporation Limited, 3TI Progetti S.p.A., Hatch Ltd., Acciona S.A., Copasa Group
Bridges And Tunnels Market
Bridges And Tunnels Market Size, Growth Rate, And Forecast
The global bridges and tunnels market size is expected to grow from $135.99 billion in 2022 to $147.21 billion in 2023 at a compound annual growth rate (CAGR) of 8.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global bridges and tunnels market is expected to reach $191.41 billion in 2027 at a CAGR of 6.8%.
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Bridges And Tunnels Market Drivers
The increasing number of automobiles on roads is expected to propel the growth of the bridges and tunnels market going forward. An automobile is a four-wheeled vehicle powered by an internal combustion engine. It is commonly known as a car and is among the most popular modes of transportation. Automobiles are typically transported via bridges and tunnels.
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Bridges And Tunnels Market Segments
1) By Type: Tunnel, Bridge
2) By Material: Steel, Concrete, Composite Material
3) By Application: Commercial, Government
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Bridges And Tunnels market.
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Bridges And Tunnels Market Key Players
Major players in the bridges and tunnels market are China Railway Construction Corporation Limited, 3TI Progetti S.p.A., Hatch Ltd., Acciona S.A., Copasa Group, Dragados USA Inc., Aktor SA, Abertis Infrastructures S.A., Construcciones y Auxiliary de Ferrocarriles (CAF), Aecon Group Inc., AECOM Technology Corporation, Kiewit Corporation, Tutor Perini Corporation, Granite Construction Inc., Construction Partners Inc., and Larsen & Toubro Construction.
The Business Research Company's "Global Bridges And Tunnels Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Bridges And Tunnels Market Include:
1. Executive Summary
2. Bridges And Tunnels Market Characteristics
3. Bridges And Tunnels Market Trends And Strategies
4. Bridges And Tunnels Market - Macro Economic Scenario
5. Bridges And Tunnels Market Size And Growth
……
27. Bridges And Tunnels Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Bridges And Tunnels Market
29. Bridges And Tunnels Market Future Outlook and Potential Analysis
30. Appendix
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