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Bridge & Tunnel Construction in the UK: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Bridge & Tunnel Construction Market Research Report | SIC F42.130 | Jun 2016

Rising heights: Large projects spanning the past five years have supported revenue growth

IBISWorld’s Bridge & Tunnel Construction market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Market Share of Companies
Balfour Beatty Group Limited Balfour Beatty Group Limited market share
Costain Group plc Costain Group plc market share
Industry Statistics & Market Size
Revenue
£974m
Annual Growth 12-17
3.2%
Annual Growth 17-22
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Profit
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Employment
7,056
Businesses
451
Industry Analysis & Industry Trends

The Bridge and Tunnel Construction industry plays a vital role in ensuring road and rail networks reach every area of the United Kingdom and are maintained properly. The road system is predominantly funded by the public sector by Highways England and local authorities in England and comparable agencies in Scotland, Wales and Northern Ireland. The UK rail infrastructure and network is mainly funded by public-private partnerships, notably Network Rail and Transport for London, so the contracts that industry contractors work on are often funded by public bodies. Apart from transport infrastructure, contractors also work on projects for water and sewerage companies, energy companies, mining companies and commercial clients... purchase to read more

Industry Report - Industry Products Chapter

New bridge construction

Work on road-related bridge surged during the late 2000s, reflecting the injection of central government stimulus spending on major road developments and the increase in private finance initiatives (PFIs) in motorway construction and maintenance. However, cutbacks in fiscal programmes resulted in the total value of road and motorway construction trending sharply downwards before the current period began. Improving economic conditions have led to a period of recovery for road-related bridge construction in recent years. Major bridge projects like the Forth Road Bridge west of Edinburgh and Aberdeen's Diamond Bridge have rejuvenated contractors. Hig.. purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Bridge & Tunnel Construction Industry?

This industry covers contractors that construct bridges, tunnels and flyovers used in road and railway transport and for other applications such as water distribution. Repairs, additions and maintenance on existing infrastructure are also included. Portions of the work can be subcontracted out.

Industry Products
New bridge constructionNew tunnel constructionMaintenance and renovation of bridgesMaintenance and renovation of tunnels
 
Industry Activities
Road bridge and tunnel construction, repair and maintenanceRailway tunnel construction, repair and maintenancePedestrian bridge construction, repair and maintenanceConstruction, repair and maintenance of flyoversOther tunnel construction


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