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Tunnel Construction: Market Research Report

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

Tunnel Construction Market Research Report | NAICS OD4654 | 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
Annual Growth 11-16
Annual Growth 16-21
Annual Growth
Industry Threats & Opportunities
  • Broad-based economic growth and a recovery in government funding will support revenue growth
  • A number of federal grants and initiatives stepped in to fund and support industry projects
  • State governments will have a wider tax revenue base to undertake tunnel construction
  • ... purchase to read more

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 Key Buyers Chapter

The Tunnel Construction industry has a low level of market share concentration. In 2016, the top two companies will account for less than an estimated 10.0% of industry revenue. During the past five years, the number of industry operators has declined at an annualized 3.6% to 565, due to consolidation and a contraction in the number of nonemploying businesses. During the next five years, the number of operators is projected to continue declining, as larger operators buy out smaller, specialized firms. The industry is dominated by small- to medium-sized operators that do not command a significant market share.

.. ... purchase to read more

Additional Insights for the Tunnel Construction Industry

IBISWorld identifies 250 Key Success Factors for a business.The most important for the Tunnel Construction Industry are

  • Ability to compete on tender
  • Having contracts that are favorable to purchaser
  • Ensuring pricing policy is appropriate
  • IBISWorld analysts also discuss how external factors such as Federal funding for transportation and Local and state government investment in the Tunnel Construction industry impact industry performance... purchase to read more


    Industry ProductsRelated Reports

    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

    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
  • Federal funding for transportation
  • Local and state government investment
  • Value of private nonresidential construction
  • Price of cement
  • Current Performance
  • Federal assistance drives revenue growth
  • Industry trends
  • Chart: Revenue Growth
  • Industry Outlook
  • Sustained government support fuels industry activity
  • Project profiles
  • Table: Tunnel Construction Industry Revenue Outlook
  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Tunnel Construction Industry Lifecycle vs The Economy
  • Products & Markets
    Supply Chains
  • Key Buying Industries
  • Land Development
  • Engineering Services
  • Public Administration
  • Road & Highway Construction
  • Road & Highway Maintenance
  • Key Selling Industries
  • Asphalt Manufacturing
  • Construction
  • Heavy Equipment Rental
  • Sand & Gravel Mining
  • Stone Mining
  • Products & Services
  • New construction
  • Extensions and other
  • Repair and maintenance
  • Chart: Tunnel Construction Industry Products and Services Segmentation
  • Demand Determinants
    Major Markets
  • State government
  • Local government
  • Federal government
  • Private sector
  • Chart: Major Market Segmentation for the Tunnel 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 Tunnel Construction
  • Basis of Competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Tunnel 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 Tunnel 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 Tunnel 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
  • Jargon & Glossary
  • 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 infrastructure funding programs.
  • Tender
  • A written offer or bid to contract goods or services at a specified cost or rate.
  • Toll Road
  • A road that drivers must pay to use.
  • Tunnel
  • An artificial underground passage, especially one built through a hill or under a building, road or river.

  • 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 Tunnel 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 Tunnel 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 Tunnel Construction, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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