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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 | Jun 2014

Reciprocal roadworks: public-private funding structures continue to grow

IBISWorld’s Road and Bridge 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
Industry Statistics & Market Size
Revenue
$15bn
Annual Growth 09-14
2.2%
Annual Growth 14-19
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Profit
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Employment
35,000
Businesses
2,300
Industry Analysis & Industry Trends

The Road and Bridge Construction industry has performed strongly since the mid-2000s, driven principally by federal and state road funding 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 2.2% over the five years through 2013-14 to total $14.6 billion. This includes an upswing by 6.6% in 2013-14 driven by construction activity on new housing subdivisions and ongoing major roadworks... purchase to read more

Industry Report - Industry Analysis Chapter

Australia's road and bridge construction market has soared to record heights. Governments have ramped up investment into the public road network and new funding models have encouraged private sector investment into large-scale freeways, toll roads and tunnel projects. Since the late 2000s, state and local public sector developments have attracted funding from the Federal Government's fiscal stimulus package. The accelerated growth in public investment has helped offset the volatility that is associated with the start-up and completion of large-scale, privately funded toll road projects. Public sector road and bridge funding has doubled since 2004-05. Private sector investment is projected to jump by 7.8% in 2013-14 and remains at twice the level of the early 2000s... 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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