Bridge and tunnel construction has remained relatively strong, despite federal and state governments facing budget constraints in the midst of the recession, according to “Bridge and Tunnel Construction in the US,” a new report by Research and Markets. As states increase their transportation outlays, further growth will occur in the industry. Moreover, governments will be focused on restoring and replacing existing structurally deficient bridges and tunnels, resulting in greater funding for these projects.
This industry is composed of firms that primarily engage in the construction of bridges, viaducts, elevated highways and tunnels. Types of projects include new work, reconstruction and repairs. This industry does not include road and highway construction activity.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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