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Road and Bridge Construction in Australia: Market Research Report

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

Road and Bridge Construction Market Research Report | ANZSIC E3101 | Oct 2014

Road to success: Construction activity on new housing subdivisions drives growth

IBISWorld’s Road and Bridge Construction market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Industry Statistics & Market Size
Revenue
$16bn
Annual Growth 10-15
5.5%
Annual Growth 15-20
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Profit
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Employment
32,000
Businesses
2,350
Industry Analysis & Industry Trends

The Road and Bridge Construction industry has performed strongly since the mid-2000s, driven principally by federal and state government funding into roads and private sector investment into public toll roads. Despite slowing over the past five years, the industry is operating at near record levels of activity. This has paved the way for extensive multiplier effects throughout the local and general economies and improved efficiency and safety for road users.

Industry revenue is projected to grow by an annualised 5.5% over the five years through 2014-15 to total $15.9 billion. This includes an upswing by 7.4% on the previous year driven by construction activity on new housing subdivisions and ongoing major roadworks... purchase to read more

Industry Report - Starting a New Business Chapter

The existing large-scale participants have a size and market dominance (through networking and reputation), which is likely to deter newcomers. The tendering process for public contracts favours existing operators with a proven track record and a good understanding of dealing with the public authorities.

Competitors for large-scale projects must be at the forefront in technological developments in the machinery and materials used. New entrants lacking access to these technologies would find it difficult gaining a foothold in the market. However, technologically advanced global players may quickly establish a presence... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Road and Bridge Construction Industry?

Companies in this industry construct roads, bridges, aerodrome runways and parking lots. They also carry out repairs and maintenance. The quarrying of earth, soil or filling and other construction materials is carried out in conjunction with road or bridge construction.

Industry Products
New road and tunnel constructionBridge and overpass constructionMaintenance and repairs to infrastructureAlterations and additions to existing structuresOther non-road construction
 
Industry Activities
Road construction or sealingAsphalt and concrete pavement surfacing and repairBridge construction Repair or maintenance of roads, bridges and tunnelsRoad sub base or fill quarrying (in conjunction with road construction)Kerbing, guttering and road tunnel constructionAssociated road construction services (e.g. drainage and lighting installation)Airport runway constructionParking lot construction (except buildings)Pedestrian overpasses and cycle path construction


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