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Global Transportation Infrastructure Market to reach USD 3,086.96 billion by the end of 2029

Global Transportation Infrastructure Market Size study & Forecast, by Type (Railway, Airport, Roads and Bridges, Ports), by Application (Urban, Rural), by Construction Type (New Construction, Renovation) and Regional Analysis, 2022-2029

Product Code: OIRBC-11277783
Publish Date: 10-04-2023
Page: 200

Global Transportation Infrastructure Market is valued at approximately USD 1,770 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 7.2% over the forecast period 2022-2029. Transportation Infrastructure is a type of physical facility and network that is required for the transportation of people and products. These networks and infrastructures often include ports, airports, urban mass transit systems, railroads, and highways and bridges. The rising number of infrastructure projects, rapid globalization, and increasing cargo transportation activities are the primary factors that are attributing to global market growth.

The rising focus of various government bodies in order to build highways is further supporting the market growth in the global market. For instance, in July 2021 the Ministry of Road Transport and Highways approved a 162-kilometer road project costing USD 350 million. This roadway is a part of the Bharatmala Prayojna’s economic corridor. It intends to connect Telangana and Andhra Pradesh via a strong road infrastructure network. Likewise, in March 2022, the Salerno-Reggio Calabria highway, a roughly 400-kilometer stretch of road connecting Salerno and Reggio Calabria is likely to be constructed to become the first smart motorway in Europe. Thus, these aforementioned factors are fueling the market demand at a considerable growth rate. Moreover, the rising introduction of technologically advanced products, as well as the rapidly aging transport infrastructure are presenting various lucrative opportunities over the forecasting years. However, the capital-intensive projects and lack of infrastructural support in developing countries are hindering the market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Transportation Infrastructure Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America dominated the market in terms of revenue, owing to the increasing number of government initiatives, along with the rising emphasis on building advanced and sustainable infrastructure across the region. Whereas, the Asia Pacific is also expected to grow with the highest CAGR during the forecast period, owing to factors such as escalating population, increasing globalization, and rising need for the road, railway, and air transport in the market space.

Major market players included in this report are:
Larsen & Toubro Ltd
ACS Group
Kiewit Corporation
Vinci SA
Laing O’Rourke
Balfour Beatty plc
Globalvia Inversiones SA
Bechtel Corporation
CK Hutchison Holdings
Bouygues Construction SA

Recent Developments in the Market:
 In March 2022 the Railway SBU of L&T Construction’s Transportation Infrastructure IC received a contract for the Engineering, Procurement, and Construction (EPC) of 25 kV overhead electrification, signaling, and telecommunication, as well as related works, for 547 RKM/678 TKM railway lines of Northeast Frontier Railway. The order was issued by IRCON International LTD. The project is a component of the national government’s “Mission Electrification” plan, which aims to electrify the Indian railway system in order to lessen the country’s carbon footprint and cut down on diesel costs.

Global Transportation Infrastructure Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Type, Application, Construction Type, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type:
Roads and Bridges

By Application:
By Construction Type:
New Construction

By Region:
North America
Asia Pacific
South Korea
Latin America
Rest of the World

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
1.2.1. Transportation Infrastructure Market, by Region, 2019-2029 (USD Billion)
1.2.2. Transportation Infrastructure Market, by Type, 2019-2029 (USD Billion)
1.2.3. Transportation Infrastructure Market, by Application, 2019-2029 (USD Billion)
1.2.4. Transportation Infrastructure Market, by Construction Type, 2019-2029 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Transportation Infrastructure Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Transportation Infrastructure Market Dynamics
3.1. Transportation Infrastructure Market Impact Analysis (2019-2029)
3.1.1. Market Drivers Increasing number of infrastructure projects Rising focus of various government bodies to build highways
3.1.2. Market Challenges Capital-intensive projects Lack of infrastructural support in developing countries
3.1.3. Market Opportunities Rising introduction of technologically advanced products Rapidly aging transport infrastructure
Chapter 4. Global Transportation Infrastructure Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter’s 5 Force Model (2019-2029)
4.3. PEST Analysis
4.3.1. Political
4.3.2. Economical
4.3.3. Social
4.3.4. Technological
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. Industry Experts Prospective
4.7. Analyst Recommendation & Conclusion
Chapter 5. Risk Assessment: COVID-19 Impact
5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario
Chapter 6. Global Transportation Infrastructure Market, by Type
6.1. Market Snapshot
6.2. Global Transportation Infrastructure Market by Type, Performance – Potential Analysis
6.3. Global Transportation Infrastructure Market Estimates & Forecasts by Type 2019-2029 (USD Billion)
6.4. Transportation Infrastructure Market, Sub Segment Analysis
6.4.1. Railway
6.4.2. Airport
6.4.3. Roads and Bridges
6.4.4. Ports
Chapter 7. Global Transportation Infrastructure Market, by Application
7.1. Market Snapshot
7.2. Global Transportation Infrastructure Market by Application, Performance – Potential Analysis
7.3. Global Transportation Infrastructure Market Estimates & Forecasts by Application 2019-2029 (USD Billion)
7.4. Transportation Infrastructure Market, Sub Segment Analysis
7.4.1. Urban
7.4.2. Rural
Chapter 8. Global Transportation Infrastructure Market, by Construction Type
8.1. Market Snapshot
8.2. Global Transportation Infrastructure Market by Construction Type, Performance – Potential Analysis
8.3. Global Transportation Infrastructure Market Estimates & Forecasts by Construction Type 2019-2029 (USD Billion)
8.4. Transportation Infrastructure Market, Sub Segment Analysis
8.4.1. New Construction
8.4.2. Renovation

Chapter 9. Global Transportation Infrastructure Market, Regional Analysis
9.1. Transportation Infrastructure Market, Regional Market Snapshot
9.2. North America Transportation Infrastructure Market
9.2.1. U.S. Transportation Infrastructure Market Type breakdown estimates & forecasts, 2019-2029 Application breakdown estimates & forecasts, 2019-2029 Construction Type breakdown estimates & forecasts, 2019-2029
9.2.2. Canada Transportation Infrastructure Market
9.3. Europe Transportation Infrastructure Market Snapshot
9.3.1. U.K. Transportation Infrastructure Market
9.3.2. Germany Transportation Infrastructure Market
9.3.3. France Transportation Infrastructure Market
9.3.4. Spain Transportation Infrastructure Market
9.3.5. Italy Transportation Infrastructure Market
9.3.6. Rest of Europe Transportation Infrastructure Market
9.4. Asia-Pacific Transportation Infrastructure Market Snapshot
9.4.1. China Transportation Infrastructure Market
9.4.2. India Transportation Infrastructure Market
9.4.3. Japan Transportation Infrastructure Market
9.4.4. Australia Transportation Infrastructure Market
9.4.5. South Korea Transportation Infrastructure Market
9.4.6. Rest of Asia Pacific Transportation Infrastructure Market
9.5. Latin America Transportation Infrastructure Market Snapshot
9.5.1. Brazil Transportation Infrastructure Market
9.5.2. Mexico Transportation Infrastructure Market
9.5.3. Rest of Latin America Transportation Infrastructure Market
9.6. Rest of The World Transportation Infrastructure Market

Chapter 10. Competitive Intelligence
10.1. Top Market Strategies
10.2. Company Profiles
10.2.1. Larsen & Toubro Ltd Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
10.2.2. ACS Group
10.2.3. Kiewit Corporation
10.2.4. Vinci SA
10.2.5. Laing O’Rourke
10.2.6. Balfour Beatty plc
10.2.7. Globalvia Inversiones SA
10.2.8. Bechtel Corporation
10.2.9. CK Hutchison Holdings
10.2.10. Bouygues Construction SA
Chapter 11. Research Process
11.1. Research Process
11.1.1. Data Mining
11.1.2. Analysis
11.1.3. Market Estimation
11.1.4. Validation
11.1.5. Publishing
11.2. Research Attributes
11.3. Research Assumption

At Bizwit Research and Consultancy, we employ a thorough and iterative research methodology with the goal of minimizing discrepancies, ensuring the provision of highly accurate estimates and predictions over the forecast period. Our approach involves a combination of bottom-up and top-down strategies to effectively segment and estimate quantitative aspects of the market, utilizing our proprietary data & AI tools. Our Proprietary Tools allow us for the creation of customized models specific to the research objectives. This enables us to develop tailored statistical models and forecasting algorithms to estimate market trends, future growth, or consumer behavior. The customization enhances the accuracy and relevance of the research findings.
We are dedicated to clearly communicating the purpose and objectives of each research project in the final deliverables. Our process begins by identifying the specific problem or challenge our client wishes to address, and from there, we establish precise research questions that need to be answered. To gain a comprehensive understanding of the subject matter and identify the most relevant trends and best practices, we conduct an extensive review of existing literature, industry reports, case studies, and pertinent academic research.
Critical elements of methodology employed for all our studies include:
Data Collection:
To determine the appropriate methods of data collection based on the research objectives, we consider both primary and secondary sources. Primary data collection involves gathering information directly from various industry experts in core and related fields, original equipment manufacturers (OEMs), vendors, suppliers, technology developers, alliances, and organizations. These sources encompass all segments of the value chain within the specific industry. Through in-depth interviews, we engage with key industry participants, subject-matter experts, C-level executives of major market players, industry consultants, and other relevant experts. This allows us to obtain and validate critical qualitative and quantitative information while evaluating market prospects. AI and Big Data are instrumental in our primary research, providing us with powerful tools to collect, analyze, and derive insights from data efficiently. These technologies contribute to the advancement of research methodologies, enabling us to make data-driven decisions and uncover valuable findings.
In addition to primary sources, we extensively utilize secondary sources to enhance our research. These include directories, databases, journals focusing on related industries, company newsletters, and information portals such as Bloomberg, D&B Hoovers, and Factiva. These secondary sources enable us to identify and gather valuable information for our comprehensive, technical, market-oriented, and commercial study of the market. Additionally, we utilize AI algorithms to automate the collection of vast amounts of data from various sources such as surveys, social media platforms, online transactions, and web scraping. And employ Big Data technologies for storage and processing of large datasets, ensuring that no valuable information is missed during the data collection process.
Data Analysis:
Our team of experts carefully examine the gathered data using suitable statistical techniques and qualitative analysis methods. For quantitative analysis, we employ descriptive statistics, regression analysis, and other advanced statistical methods, depending on the characteristics of the data. This analysis may also incorporate the utilization of AI tools and big data analysis techniques to extract meaningful insights.
To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
Market Size Estimation:
Our proprietary data tools play a crucial role in deriving our market estimates and forecasts. Each study involves the creation of a unique and customized model. The model incorporates the gathered information on market dynamics, technology landscape, application development, and pricing trends. AI techniques, such as machine learning and deep learning, aid us to analyze patterns within the data to identify correlations, trends, and relationships. By recognizing patterns in consumer behavior, purchasing habits, or market dynamics, our AI algorithms aid us in more precise estimations of market size. These factors are simultaneously analyzed within the model, allowing for a comprehensive assessment. To quantify their impact over the forecast period, correlation, regression, and time series analysis are employed.
To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
In our forecasting process, we consider various parameters such as economic tools, technological analysis, industry experience, and domain expertise. By taking all these factors into account, we strive to produce accurate and reliable market forecasts. When forecasting, we take into consideration several parameters, which include:
Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
Insight Generation & Report Presentation:
After conducting the research, our experts analyze the findings in relation to the research objectives and the specific needs of the client. They generate valuable insights and recommendations that directly address the client’s business challenges. These insights are carefully connected to the research findings to provide a comprehensive understanding.
Next, we create a well-structured research report that effectively communicates the research findings, insights, and recommendations to the client. To enhance clarity and comprehension, we utilize visual aids such as charts, graphs, and tables. These visual elements are employed to present the data in an engaging and easily understandable format, ensuring that the information is accessible and visually appealing to the client. Our aim is to deliver a clear and concise report that conveys the research findings effectively and provides actionable recommendations to meet the client’s specific needs.

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