Tunnel Construction - Industry Market Research Report

Tunnel Construction - Industry Market Research Report

  • February 2019 •
  • 29 pages •
  • Report ID: 5103657 •
  • Format: PDF
Tunneling through: An expansion in local and state government spending will foster industry growth

Abstract

Tunnel Construction
The Tunnel Construction industry undertakes new construction and maintenance services on transport and utility tunnels. Over the past five years, the winding down of federal stimulus programs and declines in federal funding for transportation have hampered industry revenue growth. Nonetheless, private investment and local governments helped spur revenue growth overall over the five years to 2019. Furthermore, the industry is expected to resume growth over the next five years, in light of broad-based economic growth. Industry operators will, however, continue to contend with the threat of political gridlock and volatility in funding moving forward.

This industry constructs tunnels; the types of industry 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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