Bridge Construction Project Insights and Analytics (Q1 2024)
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Bridge Construction Projects Market Report Overview
The bridge construction project pipeline, mainly comprising bridge projects, as well as other road or rail projects with a significant bridge component, is valued at $375 billion in Q1 2024. North America accounts for the largest share of the total value, followed by South-East Asia.
The ‘Bridge Construction Project Insights and Analytics (Q1 2024)’ research report provides a detailed analysis of the bridge construction projects globally. The report discusses the top 20 projects along with the country, project pipeline stage, and estimated spending value by stage.
Market Size (Q1 2024) | $375 billion |
Key Regions | · North America
· South-East Asia · North-East Asia · Western Europe · South Asia |
Key Funding Mode | · Private
· Public/Private · Public |
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Bridge Construction Project Pipeline by Region
The bridge construction project pipeline regional segmentation includes South-East Asia, North America, Latin America, Western Europe, Eastern Europe, Middle East and North Africa, Sub-Saharan Africa, South-East Asia, North-East Asia, South Asia, and Australasia. North America accounts for the highest share of the bridge construction project pipeline value in Q1 2024.
North America: Government funds through the Infrastructure Investment and Jobs Act (IIJA) in the US will support the bridge construction projects in North America. As of end-February 2023, the government had announced $285 billion in transportation development projects including roads, bridges, and public transport as part of the Rebuilding Infrastructure programme.
Bridge Construction Project Pipeline Value by Region
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Bridge Construction Project Pipeline by Funding Modes
Financing in the bridge construction pipeline projects is through private funding, public/private partnerships, and public funding. Most of the bridge construction pipeline projects worldwide are being sponsored via public funding.
Bridge Construction Project Pipeline by Funding Modes
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Top Bridge Construction Projects
A few of the top bridge construction projects globally include the Strait of Messina Bridge, the Jakarta Bridge Development Program, the Emsaed Rasejdeer Motorway, the I-5 Bridge Replacement Project, and the Dhanushkodi to Talaimannar Sea Bridge and Underwater Tunnel among others.
Although it is still in the early stages, the planned Strait of Messina Bridge, which aims to link Sicily with mainland Italy, is the highest-value project in the pipeline. The bridge hopes to improve connectively between the two locations, increasing economic development.
Top Bridge Construction Projects, Q1 2024
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Scope
The report provides analysis based on GlobalData’s construction projects showing total project values and analysis by stage and funding across regions. The top 20 projects per region are listed, including the countries, stages, and values of the projects. Ranked listings of the key operators for the sector are also provided along with the leading contractors, consulting engineers, and project owners.
Reasons to Buy
- Gain insight into the development of the bridge construction sector.
- Assess all major projects by value, start date, scope, and stage of development globally, for the regions to support business development activities.
- Plan campaigns by country based on specific project opportunities and align resources to the most attractive markets.
Table of Contents
Frequently asked questions
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What is the bridge construction projects pipeline valued for Q1 2024?
The bridge construction projects pipeline is valued at $375 billion in Q1 2024.
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Which is the leading region in the global bridge construction projects pipeline in Q1 2024?
North America accounts for the largest share of global bridge construction projects pipeline value in Q1 2024.
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Which is the top source of funding for the bridge construction projects pipeline in Q1 2024?
The funding for bridge construction projects pipeline is primarily through public investments.
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Which is the highest value project in the bridge construction pipeline as of Q1 2024?
Although still in the early stages, the planned Strait of Messina Bridge, which aims to link Sicily with mainland Italy, is the highest-value project in the pipeline.
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