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Bridge Construction Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The global bridge construction market reached a value of US$ 870.4 Million in 2021. Looking forward, IMARC Group expects the market to reach US$ 1193.3 Million by 2027, exhibiting at a CAGR of 5.10% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.

Bridge construction refers to the process of building solid structures that span between supports and are designed to carry the loads. Some of the commonly used bridge construction methods include cast-in-situ, precast, balanced cantilever, span by span casting, incremental launching, arch, cable-stayed, and advanced shoring methods. The construction method employed depends on numerous factors, such as the scale of the bridge, the time allowed for construction, site accessibility, material costs, regularity of the span lengths, environmental factors, and engineering constraints. Nowadays, the demand for bridge construction is rapidly escalating across the globe since bridges are widely utilized for transportation purposes.

Bridge Construction Market Trends:

The rising road traffic and the increasing number of vehicles represent the primary factors driving the market growth. Besides this, the growing need for railway bridges due to the expansion of railway networks and the improving focus on public-private partnerships for transport infrastructure development are catalyzing the demand for bridge construction. Additionally, several favorable initiatives undertaken by the governing and non-governing agencies of various nations are positively influencing the market growth. For instance, the Global Infrastructure Hub initiative launched by G20 aims to enhance the delivery of resilient, sustainable, and inclusive infrastructure by collaborating with the public and private sectors. Furthermore, with recent technological advancements, the leading players are focusing on the development of innovative equipment and systems to facilitate faster and cost-efficient bridge construction. Along with this, the introduction of Geosynthetic Reinforced Soil–Integrated Bridge System (GRS–IBS) technology to minimize the bridge construction time and costs is propelling the market growth. Moreover, the expanding construction industry, rapid urbanization, strong economic growth, increasing investments in infrastructure development projects, and growing usage of precast concrete panels are some of the other factors creating a favorable market outlook.    

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global bridge construction market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on type, material and application.

Breakup by Type:

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

Breakup by Material:

  • Steel
  • Concrete
  • Composite Materials
     

Breakup by Application:

  • Road and Highway
  • Railway
     

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being ACS Group (Grupo ACS), AECOM, Balfour Beatty plc, Bouygues S.A., China Communications Construction Company Limited, China State Construction Engineering Corporation, Fluor Corporation, Kiewit Corporation, Samsung C&T Corporation, Strabag SE and Vinci SA.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
    Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Million
Segment Coverage Type, Material, Application, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered ACS Group (Grupo ACS), AECOM, Balfour Beatty plc, Bouygues S.A., China Communications Construction Company Limited, China State Construction Engineering Corporation, Fluor Corporation, Kiewit Corporation, Samsung C&T Corporation, Strabag SE and Vinci SA.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2299
Five User License: US$ 3399
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Key Questions Answered in This Report:

  • How has the global bridge construction market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global bridge construction market?
  • What are the key regional markets?
  • What is the breakup of the market based on the type?
  • What is the breakup of the market based on the material?
  • What is the breakup of the market based on the application?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global bridge construction market and who are the key players?
  • What is the degree of competition in the industry?

1    Preface
2    Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction

    4.1    Overview
    4.2    Key Industry Trends
5    Global Bridge Construction Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Type
    6.1    Beam Bridge
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Truss Bridge
        6.2.1 Market Trends
        6.2.2 Market Forecast
    6.3    Arch Bridge
        6.3.1 Market Trends
        6.3.2 Market Forecast
    6.4    Suspension Bridge
        6.4.1 Market Trends
        6.4.2 Market Forecast
    6.5    Cable-stayed Bridge
        6.5.1 Market Trends
        6.5.2 Market Forecast
    6.6    Others
        6.6.1 Market Trends
        6.6.2 Market Forecast
7    Market Breakup by Material
    7.1    Steel
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Concrete
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    Composite Materials
        7.3.1 Market Trends
        7.3.2 Market Forecast
8    Market Breakup by Application
    8.1    Road and Highway
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Railway
        8.2.1 Market Trends
        8.2.2 Market Forecast
9    Market Breakup by Region
    9.1    North America
        9.1.1 United States
           9.1.1.1 Market Trends
           9.1.1.2 Market Forecast
        9.1.2 Canada
           9.1.2.1 Market Trends
           9.1.2.2 Market Forecast
    9.2    Asia-Pacific
        9.2.1 China
           9.2.1.1 Market Trends
           9.2.1.2 Market Forecast
        9.2.2 Japan
           9.2.2.1 Market Trends
           9.2.2.2 Market Forecast
        9.2.3 India
           9.2.3.1 Market Trends
           9.2.3.2 Market Forecast
        9.2.4 South Korea
           9.2.4.1 Market Trends
           9.2.4.2 Market Forecast
        9.2.5 Australia
           9.2.5.1 Market Trends
           9.2.5.2 Market Forecast
        9.2.6 Indonesia
           9.2.6.1 Market Trends
           9.2.6.2 Market Forecast
        9.2.7 Others
           9.2.7.1 Market Trends
           9.2.7.2 Market Forecast
    9.3    Europe
        9.3.1 Germany
           9.3.1.1 Market Trends
           9.3.1.2 Market Forecast
        9.3.2 France
           9.3.2.1 Market Trends
           9.3.2.2 Market Forecast
        9.3.3 United Kingdom
           9.3.3.1 Market Trends
           9.3.3.2 Market Forecast
        9.3.4 Italy
           9.3.4.1 Market Trends
           9.3.4.2 Market Forecast
        9.3.5 Spain
           9.3.5.1 Market Trends
           9.3.5.2 Market Forecast
        9.3.6 Russia
           9.3.6.1 Market Trends
           9.3.6.2 Market Forecast
        9.3.7 Others
           9.3.7.1 Market Trends
           9.3.7.2 Market Forecast
    9.4    Latin America
        9.4.1 Brazil
           9.4.1.1 Market Trends
           9.4.1.2 Market Forecast
        9.4.2 Mexico
           9.4.2.1 Market Trends
           9.4.2.2 Market Forecast
        9.4.3 Others
           9.4.3.1 Market Trends
           9.4.3.2 Market Forecast
    9.5    Middle East and Africa
        9.5.1 Market Trends
        9.5.2 Market Breakup by Country
        9.5.3 Market Forecast
10    SWOT Analysis
    10.1    Overview
    10.2    Strengths
    10.3    Weaknesses
    10.4    Opportunities
    10.5    Threats
11    Value Chain Analysis
12    Porters Five Forces Analysis

    12.1    Overview
    12.2    Bargaining Power of Buyers
    12.3    Bargaining Power of Suppliers
    12.4    Degree of Competition
    12.5    Threat of New Entrants
    12.6    Threat of Substitutes
13    Price Analysis
14    Competitive Landscape

    14.1    Market Structure
    14.2    Key Players
    14.3    Profiles of Key Players
        14.3.1    ACS Group (Grupo ACS)
           14.3.1.1 Company Overview
           14.3.1.2 Product Portfolio
        14.3.2    AECOM
           14.3.2.1 Company Overview
           14.3.2.2 Product Portfolio
           14.3.2.3 Financials
           14.3.2.4 SWOT Analysis
        14.3.3    Balfour Beatty plc
           14.3.3.1 Company Overview
           14.3.3.2 Product Portfolio
           14.3.3.3 Financials
           14.3.3.4 SWOT Analysis
        14.3.4    Bouygues S.A.
           14.3.4.1 Company Overview
           14.3.4.2 Product Portfolio
           14.3.4.3 Financials
           14.3.4.4 SWOT Analysis
        14.3.5    China Communications Construction Company Limited
           14.3.5.1 Company Overview
           14.3.5.2 Product Portfolio
           14.3.5.3 Financials
           14.3.5.4 SWOT Analysis
        14.3.6    China State Construction Engineering Corporation
           14.3.6.1 Company Overview
           14.3.6.2 Product Portfolio
           14.3.6.3 Financials
           14.3.6.4 SWOT Analysis
        14.3.7    Fluor Corporation
           14.3.7.1 Company Overview
           14.3.7.2 Product Portfolio
           14.3.7.3 Financials
           14.3.7.4 SWOT Analysis
        14.3.8    Kiewit Corporation
           14.3.8.1 Company Overview
           14.3.8.2 Product Portfolio
        14.3.9    Samsung C&T Corporation
           14.3.9.1 Company Overview
           14.3.9.2 Product Portfolio
           14.3.9.3 Financials
        14.3.10    Strabag SE
           14.3.10.1 Company Overview
           14.3.10.2 Product Portfolio
           14.3.10.3 Financials
           14.3.10.4 SWOT Analysis
        14.3.11    Vinci SA
           14.3.11.1 Company Overview
           14.3.11.2 Product Portfolio
           14.3.11.3 Financials
           14.3.11.4 SWOT Analysis

List of Figures

Figure 1: Global: Bridge Construction Market: Major Drivers and Challenges
Figure 2: Global: Bridge Construction Market: Sales Value (in Million US$), 2016-2021
Figure 3: Global: Bridge Construction Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 4: Global: Bridge Construction Market: Breakup by Type (in %), 2021
Figure 5: Global: Bridge Construction Market: Breakup by Material (in %), 2021
Figure 6: Global: Bridge Construction Market: Breakup by Application (in %), 2021
Figure 7: Global: Bridge Construction Market: Breakup by Region (in %), 2021
Figure 8: Global: Bridge Construction (Beam Bridge) Market: Sales Value (in Million US$), 2016 & 2021
Figure 9: Global: Bridge Construction (Beam Bridge) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 10: Global: Bridge Construction (Truss Bridge) Market: Sales Value (in Million US$), 2016 & 2021
Figure 11: Global: Bridge Construction (Truss Bridge) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 12: Global: Bridge Construction (Arch Bridge) Market: Sales Value (in Million US$), 2016 & 2021
Figure 13: Global: Bridge Construction (Arch Bridge) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: Global: Bridge Construction (Suspension Bridge) Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: Global: Bridge Construction (Suspension Bridge) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: Global: Bridge Construction (Cable-stayed Bridge) Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: Global: Bridge Construction (Cable-stayed Bridge) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: Global: Bridge Construction (Other Types) Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: Global: Bridge Construction (Other Types) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: Global: Bridge Construction (Steel) Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: Global: Bridge Construction (Steel) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: Global: Bridge Construction (Concrete) Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: Global: Bridge Construction (Concrete) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: Global: Bridge Construction (Composite Materials) Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: Global: Bridge Construction (Composite Materials) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: Global: Bridge Construction (Road and Highway) Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: Global: Bridge Construction (Road and Highway) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: Global: Bridge Construction (Railway) Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: Global: Bridge Construction (Railway) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: North America: Bridge Construction Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: North America: Bridge Construction Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: United States: Bridge Construction Market: Sales Value (in Million US$), 2016 & 2021
Figure 33: United States: Bridge Construction Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 34: Canada: Bridge Construction Market: Sales Value (in Million US$), 2016 & 2021
Figure 35: Canada: Bridge Construction Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 36: Asia-Pacific: Bridge Construction Market: Sales Value (in Million US$), 2016 & 2021
Figure 37: Asia-Pacific: Bridge Construction Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 38: China: Bridge Construction Market: Sales Value (in Million US$), 2016 & 2021
Figure 39: China: Bridge Construction Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 40: Japan: Bridge Construction Market: Sales Value (in Million US$), 2016 & 2021
Figure 41: Japan: Bridge Construction Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 42: India: Bridge Construction Market: Sales Value (in Million US$), 2016 & 2021
Figure 43: India: Bridge Construction Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 44: South Korea: Bridge Construction Market: Sales Value (in Million US$), 2016 & 2021
Figure 45: South Korea: Bridge Construction Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 46: Australia: Bridge Construction Market: Sales Value (in Million US$), 2016 & 2021
Figure 47: Australia: Bridge Construction Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 48: Indonesia: Bridge Construction Market: Sales Value (in Million US$), 2016 & 2021
Figure 49: Indonesia: Bridge Construction Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 50: Others: Bridge Construction Market: Sales Value (in Million US$), 2016 & 2021
Figure 51: Others: Bridge Construction Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 52: Europe: Bridge Construction Market: Sales Value (in Million US$), 2016 & 2021
Figure 53: Europe: Bridge Construction Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 54: Germany: Bridge Construction Market: Sales Value (in Million US$), 2016 & 2021
Figure 55: Germany: Bridge Construction Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 56: France: Bridge Construction Market: Sales Value (in Million US$), 2016 & 2021
Figure 57: France: Bridge Construction Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 58: United Kingdom: Bridge Construction Market: Sales Value (in Million US$), 2016 & 2021
Figure 59: United Kingdom: Bridge Construction Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 60: Italy: Bridge Construction Market: Sales Value (in Million US$), 2016 & 2021
Figure 61: Italy: Bridge Construction Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 62: Spain: Bridge Construction Market: Sales Value (in Million US$), 2016 & 2021
Figure 63: Spain: Bridge Construction Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 64: Russia: Bridge Construction Market: Sales Value (in Million US$), 2016 & 2021
Figure 65: Russia: Bridge Construction Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 66: Others: Bridge Construction Market: Sales Value (in Million US$), 2016 & 2021
Figure 67: Others: Bridge Construction Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 68: Latin America: Bridge Construction Market: Sales Value (in Million US$), 2016 & 2021
Figure 69: Latin America: Bridge Construction Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 70: Brazil: Bridge Construction Market: Sales Value (in Million US$), 2016 & 2021
Figure 71: Brazil: Bridge Construction Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 72: Mexico: Bridge Construction Market: Sales Value (in Million US$), 2016 & 2021
Figure 73: Mexico: Bridge Construction Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 74: Others: Bridge Construction Market: Sales Value (in Million US$), 2016 & 2021
Figure 75: Others: Bridge Construction Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 76: Middle East and Africa: Bridge Construction Market: Sales Value (in Million US$), 2016 & 2021
Figure 77: Middle East and Africa: Bridge Construction Market: Breakup by Country (in %), 2021
Figure 78: Middle East and Africa: Bridge Construction Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 79: Global: Bridge Construction Industry: SWOT Analysis
Figure 80: Global: Bridge Construction Industry: Value Chain Analysis
Figure 81: Global: Bridge Construction Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: Bridge Construction Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Bridge Construction Market Forecast: Breakup by Type (in Million US$), 2022-2027
Table 3: Global: Bridge Construction Market Forecast: Breakup by Material (in Million US$), 2022-2027
Table 4: Global: Bridge Construction Market Forecast: Breakup by Application (in Million US$), 2022-2027
Table 5: Global: Bridge Construction Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 6: Global: Bridge Construction Market: Competitive Structure
Table 7: Global: Bridge Construction Market: Key Players

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