The global bridge construction market is expected to see robust growth over the next decade, according to a report by Allied Market Research (AMR). The report predicts that the market will reach $1.4 trillion USD by 2030, growing at a compound annual growth rate (CAGR) of 5.5% from 2021 to 2030.

The report notes that the growth of the bridge construction market is driven by increasing investments in infrastructure development, particularly in emerging economies such as India and China. The report also highlights the role of public-private partnerships (PPPs) in funding bridge construction projects.

The report breaks down the market by material type, construction method, and region. In terms of material type, concrete is expected to be the dominant segment, while steel and composite materials are expected to see significant growth. In terms of construction method, the cast-in-situ segment is expected to be the largest, followed by the precast segment.

Regionally, Asia Pacific is expected to see the highest growth in the bridge construction market due to increasing investments in infrastructure and urbanization. The report notes that the region is expected to account for nearly half of the global bridge construction market by 2030.

The report also highlights key players in the market, including China Road and Bridge Corporation, VINCI SA, and Larsen & Toubro Limited. These companies are investing in research and development to create innovative solutions for bridge construction, such as modular construction and advanced materials.

In conclusion, the global bridge construction market is expected to see significant growth over the next decade, driven by increasing investments in infrastructure development and public-private partnerships. The market is expected to be dominated by concrete materials and cast-in-situ construction, with Asia Pacific seeing the highest growth.

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