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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

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
$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 - Industry Investment Chapter

The Tunnel Construction industry has a moderate level of capital intensity, with operators spending an estimated $0.15 on capital for every dollar spent on labor. The industry has become increasingly dependent on subcontractor labor to improve efficiency and decrease operating costs. Nonetheless, companies require a skilled workforce. Industry firms also need access to low-cost inputs to remain competitive. In the five years to 2018, wages will increase at an estimated annualized rate of 5.9%, reflecting the industry's focus on keeping project costs low for project bidding purposes... 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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