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Tunnel Construction in the US: Market Research Report

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

Tunnel Construction Market Research Report | Specialist Engineering, Infrastructure & Contractors | Infrastructure | Apr 2013

Tunneling through: Stimulus will continue to help the industry as demand picks back up

The Tunnel Construction market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$2bn
Annual Growth 08-13
-1.1%
Annual Growth 13-18
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Profit
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Employment
5,254
Businesses
110
Industry Analysis & Industry Trends

Most revenue from the Tunnel Construction industry comes from government spending. When tax revenue declined during the recession, state and local governments cut construction budgets, but federal stimulus kept the industry afloat; over the next five years, stimulus will continue to benefit the industry as the economy gains momentum and demand picks back up.... purchase to read more

Industry Report - Starting a New Business Chapter

Barriers to entry in the industry are moderate and include capital requirements, access to government contracts and skilled labor. Establishing a brand name also presents a barrier for some new entrants. Companies must have access to competitively priced raw materials like cement and steel and machinery. At the same time, companies entering the industry require a workforce that is specialized in tunnel construction, repair and maintenance services. Industry companies also need research and development teams to develop new technologies that are essential to being competitive. The need for specialized labor requires high financial investment for companies entering the industry... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Tunnel Construction Industry?

This industry constructs tunnels. Types of projects include new work, reconstruction and repairs. This industry does not include road and highway construction activity.

Industry Products
Rail tunnelsRoad and highway tunnelsSewer tunnelsWater tunnelsCable tunnelsScientific tunnels
 
Industry Activities
Transportation tunnel construction, repair and maintenanceUtility tunnel construction, repair and maintenance


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