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Bridge & Elevated Highway Construction in the US: Market Research Report

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

Bridge & Elevated Highway Construction Market Research Report | NAICS 23731b | Jan 2017

Tunnel through: Demand will return as federal government funding slowly increases

IBISWorld’s Bridge & Elevated Highway Construction market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Annual Growth 11-16
Annual Growth 16-21
Annual Growth
Industry Threats & Opportunities
  • With the passage of long-term funding, the industry will grow over the next five years
  • PPPs have increased as local and state governments struggle to balance their budgets
  • Economic and population growth will drive spending on industry-specific projects
  • ... purchase to read more

Industry Analysis & Industry Trends

Failure to enact long-term funding for surface infrastructure at the federal level has limited industry revenue growth over the five years to 2016. However, industry revenue is expected to rise over the next five years, as healthier government budgets, replacements and repairs of deficient structures and rising demand from a growing population spur industry growth. Nevertheless, elevated unemployment and a slow housing recovery will continue to pressure the industry... ... purchase to read more

Industry Report - Starting a New Business Chapter

Overall the Bridge and Elevated Highway Construction industry has moderate barriers to entry. Initial capital investments can be substantial, but subcontracting, renting or leasing equipment can mitigate these costs. Regulations can be high and any new operators would have to obtain some sort of license and certification in order to even be considered for a contract. Companies might have to also deal with unionized labor which has the potential to raise labor costs.

Smaller-scale operations

Barriers to entry at the bottom end of the market (i.e. rural bridge maintenance contracts and subcontracting jobs from prime contractors) tend to be minimum. The.. ... purchase to read more

Additional Insights for the Bridge & Elevated Highway Construction Industry

IBISWorld identifies 250 Key Success Factors for a business.The most important for the Bridge & Elevated Highway Construction Industry are

  • Ability to compete on tender
  • Having links with suppliers
  • Business expertise of operators
  • IBISWorld analysts also discuss how external factors such as Government funding for highways and Local and state government investment in the Bridge & Elevated Highway Construction industry impact industry performance... purchase to read more


    Industry ProductsRelated Reports

    What is the Bridge & Elevated Highway Construction Industry?

    This industry comprises companies that primarily engage in the construction of bridges and elevated highways. These types of projects include new work, reconstruction and repairs. This industry does not include road and highway construction activity.

    Industry Products
    Bridge and elevated highway constructionAlterations and additionsMaintenance and repair projects
    Industry Activities
    Constructing, repairing and maintaining bridgesConstructing, repairing and maintaining elevated highways and flyoversConstructing, repairing and maintaining pedestrian bridges

    Table of Contents
    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • Government funding for highways
  • Local and state government investment
  • Price of cement
  • Yield on 10-year Treasury note
  • Current Performance
  • Government give and take
  • The private sector
  • Profit and industry trends
  • Chart: Revenue Growth
  • Industry Outlook
  • Government funding rises to meet demand
  • The private sector
  • Profit and industry trends
  • Table: Bridge & Elevated Highway Construction Industry Revenue Outlook
  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Bridge & Elevated Highway Construction Industry Lifecycle vs The Economy
  • Products & Markets
    Supply Chains
  • Key Buying Industries
  • Land Development
  • Engineering Services
  • Administration of Government Programs
  • Road & Highway Construction
  • Road & Highway Maintenance
  • Road & Highway Services
  • Key Selling Industries
  • Asphalt Manufacturing
  • Concrete Pipe & Block Manufacturing
  • Construction
  • Heavy Equipment Rental
  • Iron & Steel Manufacturing
  • Precast Concrete Manufacturing
  • Professional, Scientific and Technical Services
  • Ready-Mix Concrete Manufacturing
  • Sand & Gravel Mining
  • Stone Mining
  • Products & Services
  • Bridge and elevated highway construction
  • Alterations and additions
  • Maintenance and repair projects
  • Chart: Bridge & Elevated Highway Construction Industry Products and Services Segmentation
  • Demand Determinants
  • Economic and population growth
  • Public-sector funding
  • Private-sector funding
  • Interest rates
  • Condition of existing infrastructure
  • Natural disasters
  • Major Markets
  • State and local public sector
  • Federal public sector
  • Private sector
  • Chart: Major Market Segmentation for the Bridge & Elevated Highway Construction Industry
  • International Trade
    Business Locations
  • Chart: Business Locations by State
  • Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Chart: Cost Structure Benchmarking – Sector vs Bridge & Elevated Highway Construction
  • Basis of Competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Bridge & Elevated Highway Construction Industry
  • Industry Globalization
    Major Companies
    There are no major players in this industry
    Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Bridge & Elevated Highway Construction Industry
  • Chart: Tools of the Trade: Growth Strategies for Success
  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth
  • Regulation & Policy
    Industry Assistance
    Key Statistics
  • Table: Industry Data for the Bridge & Elevated Highway Construction Industry
  • Includes:
  • Industry Revenue (2007-2021)
  • Industry Gross Product (2007-2021)
  • Establishments (2007-2021)
  • Businesses (2007-2021)
  • Employment (2007-2021)
  • Wages (2007-2021)
  • Government Funding For Highways (2007-2021)
  • Table: Annual Percentage Change for Key Industry Data
  • Table: Key Ratios for Industry Key Data
  • Table: Industry Financial Ratios
  • Jargon & Glossary
    Functionally Obsolete (Fo)
  • A bridge that has a deck geometry, load capacity, clearance or roadway alignment that no longer meets the minimum standards.
  • Intermodal Surface Transportation Efficiency Act
  • (ISTEA) The first federal multiyear transport infrastructure program, developed in 1991, that locked in the allocation of funding against fluctuations in budget revenue.
  • Public-Private Partnership
  • A partnership where the public-sector fully or partially hands over construction, financing and management of infrastructure to the private-sector.
  • Safetea-Lu
  • Short for the Safe, Accountable, Flexible, Efficient Transport Equity Act: A Legacy for Users. Developed in 2005, the third in a series of federal multiyear transport infrastructure funding programs.
  • Structurally Deficient (Sd)
  • A bridge that is restricted to light vehicles, closed or requires immediate rehabilitation to remain open.

  • Why Buy this Report?
    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Bridge & Elevated Highway Construction:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Bridge & Elevated Highway Construction market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Bridge & Elevated Highway Construction, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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