Highway, Street, And Bridge Construction Market Expected To Grow As Per TBRC’s Latest Report
Posted August 29, 2018 by sainath
Companies Included: China Railway Group Ltd., China Railway Construction Corporation Limited, China Communications Construction Group Ltd, Bechtel Corporation, Power Construction Corp. Of China
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https://www.thebusinessresearchcompany.com/report/heavy-and-civil-engineering-construction-global-market-report-2018
The global heavy and civil engineering construction market has shown a modest growth in the past years with a CAGR of over 7%. The year 2017 recorded highest ever growth in this market with a net value of more than $5000 billion as per TBRC’s in-house consultants.
TBRC’s latest report show latest trends in the heavy and civil engineering construction market for each year with sourced reasons to support the growth claims.
The report also expects this market to grow at the same CAGR till 2021.
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The highway, street, and bridge construction market is expected to grow at a CAGR of about 9% by 2021, which will be the highest in this sector, and is expected to reach a market value of over $1.7 trillion.
Growth in highway, street, and bridge construction market is attributed to factors such as emerging developing economies like China and India, increasing demand of transportation infrastructure, growing population worldwide and other similar reasons mentioned in TBRC’s report.
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Companies included in the report are China Railway Group Ltd., China Railway Construction Corporation Limited, China Communications Construction Group Ltd, Bechtel Corporation, and Power Construction Corp. Of China.
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| Contact Email | [email protected] |
| Issued By | sainath |
| Website | The Business Research Company |
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| Categories | Engineering , Industry , Services |
| Tags | heavy and civil engineering construction global market report , highway market report , other heavy and civil engineering construction market report , street market report , utility system construction market report |
| Last Updated | August 29, 2018 |