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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 | Aug 2016

Tunneling through: A rebound in local government spending will foster industry growth

IBISWorld’s Tunnel Construction market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$4bn
Annual Growth 11-16
5.9%
Annual Growth 16-21
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Profit
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Employment
8,172
Businesses
565
Industry Analysis & Industry Trends

Over the past five years, steady support from federal grants and initiatives allowed for revenue growth and filled the deficit in low local government spending. Over the next five years, the Tunnel Construction industry is expected to grow in light of broad-based economic growth and a rebound in local government spending. As employment and consumption increases during the period, municipalities and state governments will have a wider tax revenue base to undertake tunnel construction. Industry operators will, however, continue to face the threat of political gridlock, which may stall or suspend planned tunnel projects.... purchase to read more

Industry Report - Industry Investment Chapter

The Tunnel Construction industry has a low to moderate level of capital intensity, with operators spending an estimated $0.16 on capital for every dollar spent on labor. The industry has become increasingly dependent on subcontractor labor to improve efficiency and decrease operating costs, due in part to a lack of skilled labor in construction. Industry operators are investing in new technology such as tunneling scanning systems and multimode machines to deliver projects on time. Depreciation costs have increased over the past five years... 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
New constructionRepair and maintenance Extensions and other
 
Industry Activities
Transportation tunnel construction, repair and maintenanceUtility tunnel construction, repair and maintenance


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