Industry Background:
Transportation infrastructure is defined as the foundation that supports the transport system. Transportation infrastructure includes railways, airports, roads, and ports. it links persons to jobs, health services, and education on a regular basis. It enables the supply of goods and services all over the world. A transport system is a dynamic driver of social and economic growth, which creates chances for both poor and facilitating economies to become competitive.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
High Growth Market | Asia Pacific |
Unit | Value (USD Million) |
Key Companies Profiled | ACS, ACTIVIDADES DE CONSTRUCCIN Y SERVICIOS, S.A. (Spain), Bechtel Corporation (United States), CK Hutchison Holdings Limited (Hong Kong), Globalvia Inversiones (Spain), VINCI (France), Balfour Beatty (United Kingdom), Kiewit Corporation (United States), LAING O'ROURKE (United Kingdom), Larsen & Toubro Limited (India) and Alstom (France) |
This growth is primarily driven by Increasing Demand Due To Globalization, Rapid Population Growth Has Led To Growth in Traffic and Rapidly Aging Transport Infrastructure.
Globally, a noticeable market trend is evident The Emergence of Green Transport
The Transportation Infrastructure sector in the North America region has been increasing at a sustainable rate, and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Manufacturers, such as ACS, ACTIVIDADES DE CONSTRUCCIN Y SERVICIOS, S.A. (Spain), Bechtel Corporation (United States), CK Hutchison Holdings Limited (Hong Kong), Globalvia Inversiones (Spain), VINCI (France), Balfour Beatty (United Kingdom), Kiewit Corporation (United States), LAING O'ROURKE (United Kingdom), Larsen & Toubro Limited (India) and Alstom (France), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years. The global transportation infrastructure market is fragmented due to the presence of multiple numbers of players. The competition in the market has become strong with the appearance of many local vendors as well as international vendors, particularly in the developing countries. This competitive environment has required several players from developing nations to shift their concentration to international markets. Similarly, as a reaction to tight margins, many players have newly adopted automated and modernized techniques to carry out projects in the design and engineering phase as well as the construction phase.
Key Developments in the Market:
On 3rd March 2020, Sempra Energy and Bechtel has announced that their respective subsidiaries, Port Arthur LNG, LLC and Bechtel Oil, Gas, and Chemicals, Inc., have signed a fixed-price engineering, procurement and construction (EPC) contract for the Port Arthur LNG liquefaction project under development in Port Arthur, Texas
Regulatory Insights:
“The U.S. Department of Transportation (DOT) is the umbrella agency for all federal transportation policies and regulations. The DOT oversees several agencies that administer federal statutes for various branches of transportation, including: The Federal Aviation Administration, which is responsible for airport, air traffic and aircraft regulation, The Federal Railroad Administration, which is responsible for regulating the safety and development of the U.S. railroad system, The Federal Motor Carrier Safety Administration, which is responsible for safety regulation laws for large commercial vehicles.“
Influencing Trend:
The Emergence of Green Transport and Fueling Demand for Autonomous Vehicles and Smart Cars
Market Growth Drivers:
Increasing Demand Due To Globalization, Rapid Population Growth Has Led To Growth in Traffic and Rapidly Aging Transport Infrastructure
Challenges:
Fluctuating Fuel Prices
Restraints:
Lack of Sufficient Capital or Space to Build Such Roads and Railways and Fast Urbanization Along With the Changing Climate
Opportunities:
Growing Technological Innovations and Cross-Border Collaborations
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Manufacturers landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints in Transportation Infrastructure Market
- Analysis about New Entrants in Transportation Infrastructure Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
- An Unbiased Perspective towards Market Performance & Indicators
Against this Challenging Backdrop, Transportation Infrastructure Study Sheds Light on
The Transportation Infrastructure Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Transportation Infrastructure industry Manufacturers. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Transportation Infrastructure industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Manufacturers can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.