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Researchmoz added Most up-to-date research on “Highway, Street and Bridge Construction: Global Markets to 2022” to its huge collection of research reports.
Summary
The global highway, street and bridge construction market is registering strong growth due to increasing investments, government initiatives Richard Jefferson Jersey , and economic growth in developing and developed economies. At the same time, emerging market growth, low interest rate environment, rapid urbanization, rising population Tyler Lydon Jersey , improving technology, and growth in construction industry and is driving the demand for highway, street and bridge construction.
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The market for highway, street and bridge construction reached a value of nearly $1,464.6 billion in 2017 and is expected to grow at a compound annual growth rate (CAGR) of 8.4% to nearly $2 Trey Lyles Jersey ,191.5 billion by 2022.
The market for highway, street and bridge construction is fairly concentrated with a few large players dominating the market. Major players in the market are China Railway Group Ltd, China Railway Construction Corporation Limited, Groupo ACS, VINCI and others.
nd highways accounted for the largest share of the market for highway Will Barton Jersey , street an Roads and highways accounted for the largest share of the market for highway Will Barton Jersey , street and bridge construction in 2017 at REDACTED. The highest growth is also projected to come from Bridges, which isforecasted to grow at a CAGR of REDACTED. Major factors included economic growth, increasing investmentsand high demand for enhanced connectivity from nations across the world.
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