Summary - A new market study, titled “Highway, Street and Bridge Construction: Global Markets to 2022” has been featured on WiseGuyReports.
The global highway, street and bridge construction market is registering strong growth due to increasing investments, government initiatives, and economic growth in developing and developed economies. At the same time, emerging market growth, low interest rate environment, rapid urbanization, rising population, improving technology, and growth in construction industry and is driving the demand for highway, street and bridge construction.
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 $2,191.5 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.
Roads and highways accounted for the largest share of the market for highway, 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.
Asia Pacific is the largest market for highway, street and bridge, accounting for REDACTED of the global market.North America, and Middle East followed it. Going forward, Eastern Europe is expected to witness thefastest growth in the highway, street and bridge market, estimated to grow at a CAGR of REDACTED, followedby Africa, which is expected to grow at a CAGR of REDACTED.
China is the largest market in terms of value and in the highway, street and bridge construction market.Russia and India are forecasted to have the fastest growth, growing at a CAGR of REDACTED and REDACTED,respectively.
The market is challenged by restraints such as decline in stringent regulations, uncertain market conditions, decrease in productivity and shortage of workforce.Report Scope
This research report categorizes the highway, street and bridge construction by type. Product types include roads and highways, bridges and other.
Report Includes
- 94 data tables
- An overview of highway, street and bridge construction markets within the industry
- Analyses of global market trends with data from 2016 and 2017, and projections of compound annual growth rates (CAGRs) through 2022
- PESTLE Analysis of highway, street and bridge construction industry, and identification of growth driving factors, restraints, and market trends and strategies
- Evaluation of increased use of sophisticated technologies such as autonomous vehicles, digital technologies and how they led to improve road safety in highway, street and bridge construction industry
- Company profiles of major players in the industry, including China Communications Construction Company, China Railway Construction Corporation Limited (CRCC), China Railway Group Ltd. (CREC), Grupo ACS and Vinci SA
FOR MORE DETAILS: https://www.wiseguyreports.com/reports/3027223-highway-street-and-bridge-construction-global-markets-to-2022
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The relevant and local sources,the headquarters at twilight, the city cut Mubarak on village adjacent to Caldas Phalia River in A and Dhaka-Chittagong highway in Feni more under the bridge waiting an unidentified dead body see the police news to the locals.
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Civil defence proceeded to make a fenced-in interim in a problem that arose with a missing cap until you reach the appropriate company.
“The incidents that occur on the public road, provide insecurity and danger to the neighbors.
That is why it is important to be aware of the accidents that are generated to repair them as quickly as possible and thus reduce the insecurity of the residents of the municipality,” said Guillermo Bonafina, deputy secretary of security and emergency of Lanús, who works with Diego Kravetz, chief of staff.
In the Moreno street to the 700, on the side of the corner Carlos Casares, we found a situation where it lacked a top of 40 x 40 M, causing risk to the people that circulate in that area.
The Civil Defense Diego Kravetz personnel agreed to place to make a fenced-in interim in the place where it was missing the cover, and passing the claim of an urgent area of Public highway for the replacement of the same.
“It is crucial that we work with constancy to repair incidents occurring on the public highway in order to provide a better security to the neighbors.
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