About Tunnel & Bridge
Bridge and tunnel construction for transport routes is becoming increasingly important over the globe. Tunnels are cheaper than bridges. A bridge is an overground construction and a tunnel is an underground construction. Growing Transportation activities and optimum protection is provided for the environment and landscape. Tunnels are attractive solutions for railways, roadways, public utilities, and telecommunications.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Tunnel & Bridge is a fragmented market with various key players. The key players focus on enhancing the global presence by launching new services. Also, they can focus on new projects with innovative designs. Analyst at AMA Research estimates that United States Manufacturers will contribute the maximum growth to Global Tunnel & Bridge market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Stanley Roads (Australia), Muscat Road Construction & Civil Works LLC (Oman), PNC Infratech Limited (India), NEW ROAD Construction Management Company, Inc. (United States), Kokosing Construction Company (United States), Al HABTOOR LEIGHTON GROUP site 642 (United Arab Emirates), Sanders Brothers Construction Co (United States), Rogers Group Inc (United States) and R S Audley Inc (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Tunnel & Bridge market by Type (Arch Bridge, Aqueduct, Bailey bridge, Cut-and-cover Tunnel and Others), Application (Railways, Roadways, Public Utilities, Telecommunications and Others) and Region.
On the basis of geography, the market of Tunnel & Bridge has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Influencing Trend:
Increasing Transportation Activities
Market Growth Drivers:
Rapidly Growing Construction Activities across the Globe
Challenges:
Government Regulations on the Tunnel & Bridge Constructors
Restraints:
High Cost Associated with the Tunnel & Bridge
Opportunities:
Rising Government Investment in Tunnel & Bridge Construction
As per the United States Congress and the Federal Highway Administration (FHWA), “are committed to continuously improve the laws and regulations governing the materials, design, construction, inspection, maintenance, repair and management of highway roads, bridges and tunnels to assure public safety.”
Key Target Audience
Tunnel & Bridge Constructors, Regulatory Bodies, Potential Investors, Research and Development Institutes and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.