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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 can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

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 Analysis Chapter

The Tunnel Construction industry primarily performs new construction and maintenance services on transport and utility tunnels. Following the economic contraction, demand for transportation construction projects as a whole were suspended, delayed or canceled as federal and state governments re-allocated funding to other stimulus projects. As a result, revenue has declined at an annualized rate of 1.1% to reach $1.8 billion during this period. Although industry revenue has decreased, the federal government increased expenditures on tunnel construction projects in 2010, allowing for temporary relief.

During the recovery, demand from private investors increased, largely due to long-term concessions through public-private partnerships (PPP's) in the US toll road sector... 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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