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Tunnel Construction in the UK - Industry Market Research Report

Publisher IBISWorld
Published Aug 13, 2024
Length 71 Pages
SKU # IBSS19120304

Description

Tunnel Construction in the UK - Industry Market Research Report


Tunnel Construction in the UK

Contractors in the tunnel construction industry construct, maintain and repair roads, railways, underground railways and pedestrian tunnels and may also provide services for utility networks, like telecommunications transmission cable routes and sewerage system courses. In the years leading up to the pandemic, tunnelling contractors benefitted from the government, placing the development of critical infrastructure at the forefront of policy. Projects involving extensive tunnelling works like Crossrail, Thames Tideway and High Speed 2 (HS2) drove revenue growth. Over the five years through 2023-24, the tunnel construction industry is expected to expand at a compound annual rate of 3.3% to just over £1 billion.

The Tunnel Construction industry includes civil engineering companies contracted to design, construct and maintain tunnels in the UK. Industry projects can consist of new work, reconstruction and repairs. This industry’s specialism is limited to tunnels and does not include road and highway construction or related activities.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

Table of Contents

71 Pages
ABOUT THIS INDUSTRY

Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE

Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS & MARKETS

Supply Chain
Products & Services
Major Markets
Globalisation & Trade
Business Locations

COMPETITIVE LANDSCAPE

Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Barriers to Entry

MAJOR COMPANIES

OPERATING CONDITIONS

Capital Intensity

KEY STATISTICS

Industry Data
Annual Change
Key Ratios

JARGON & GLOSSARY

Pricing

Currency Rates
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