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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 | Feb 2015

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

IBISWorld’s 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
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$3bn
Annual Growth 10-15
3.3%
Annual Growth 15-20
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Profit
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Employment
7,102
Businesses
143
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 Analysis Chapter

The Tunnel Construction industry undertakes new construction and maintenance services on transport and utility tunnels. Industry revenue is primarily tied to local, state and federal funding for and investment in transportation infrastructure. Over the past five years, steady support from federal grants and initiatives supported revenue growth and filled the deficit in low local government spending. As a result, industry revenue is expected to increase at an annualized rate of 3.3% to $2.6 billion in the five years to 2015.

Industry performance is increasingly tied to private investment, as the role of the private sector in infrastructure delivery expands... 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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