Solid base: Aging infrastructure will create demand for the industry's construction services

Operators in the Bridge and Elevated Highway Construction industry in Canada perform a range of construction activities, including the completion of new construction, alterations to existing infrastructure and maintenance and repair services. Most funding for industry projects comes from government sources and industry performance can be tied to government spending, although other indicators, such as the health of the overall economy and subsequent demand for nonresidential construction, are also relevant. Over the past five years, industry performance has been volatile. Favourable domestic economic conditions are forecast to lead to industry growth over the next five years...read more.

Industry Statistics & Market Size
Revenue
$4bn
Annual Growth 13-18
3.6%
Forecast Growth 18-23
Profit
Employment
12,941
Businesses
626
Market Share of Companies
There are no companies with a dominant market share in this industry

Industry Threats & Opportunities

  • Favourable domestic economic conditions will lead to industry growth
  • The industry has benefited from new government infrastructure programs
  • Demand for bridge and elevated highway construction is expected to increase
  • Industry Report - Industry Key Buyers Chapter

    The Bridge and Elevated Highway Construction industry in Canada is characterized by a low market share concentration. The industry is highly fragmented, with the four largest players expected to account for less than 10.0% of all industry revenue in 2018. While numerous large domestically and internationally based contractors operate in the industry, typically on large-scale projects, the majority of industry operators are small. An estimated 55.8% of all industry players employ fewer than five people, operating primarily in local markets where they can leverage their connections and knowledge to win small projects. The...purchase to read more.

    Additional Insights for the Bridge & Elevated Highway Construction Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Bridge & Elevated Highway Construction Industry are

  • Having a good technical knowledge of the product
  • Ability to control total supply on market
  • Proximity to key markets
  • IBISWorld analysts also discuss how external factors such as Value of nonresidential construction and Government expenditure and investment in the Bridge & Elevated Highway Construction industry impact industry performance..

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    What's in this report

    What is the Bridge & Elevated Highway Construction Industry?

    This industry consists of companies that primarily engage in the construction of bridges and elevated highways, including new work, reconstruction and repairs. This industry does not include road and highway construction activity.

    Industry Products
  • New construction
  • Alterations and additions
  • Maintenance and repairs
  • Industry Activities
  • Constructing, repairing and maintaining bridges
  • Constructing, repairing and maintaining elevated highways and flyovers
  • Constructing, repairing and maintaining pedestrian bridges
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Value of nonresidential construction
  • Government expenditure and investment
  • Value of residential construction
  • Total vehicle-kilometres
  • Overnight rate

  • Current Performance
  • Changing fortunes
  • Industry structure and profit
  • Chart: Revenue Growth

  • Industry Outlook
  • Aging infrastructure and rising demand
  • Government funding guarantees industry’s growth
  • Doubling down on privatization
  • Table: Bridge & Elevated Highway Construction Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Bridge & Elevated Highway Construction Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Engineering Services in Canada
  • Public Administration in Canada
  • Road & Highway Construction in Canada

  • Key Selling Industries
  • Asphalt Manufacturing in Canada
  • Concrete Pipe & Block Manufacturing in Canada
  • Heavy Equipment Rental in Canada
  • Iron & Steel Manufacturing in Canada
  • Ready-Mix Concrete Manufacturing in Canada

  • Products & Services
  • New construction
  • Alterations and additions
  • Maintenance and repairs
  • Chart: Bridge & Elevated Highway Construction Industry Products and Services Segmentation

  • Demand Determinants
  • Public-sector funding
  • Private-sector funding
  • Infrastructure conditions

  • Major Markets
  • Municipal funding
  • Provincial funding
  • Private sector funding
  • Federal funding
  • Chart: Major Market Segmentation for the Bridge & Elevated Highway Construction Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Purchases
  • Wages
  • Depreciation
  • Rent and utilities
  • Other expenses
  • Chart: Cost Structure Benchmarking – Sector vs Bridge & Elevated Highway Construction

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Bridge & Elevated Highway Construction Industry

  • Industry Globalization
    There are no major players in this industry. This report includes analysis of other companies.
    Capital Intensity
  • Chart: Level of Capital Intensity for the Bridge & Elevated Highway Construction Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Bridge & Elevated Highway Construction Industry
    Includes:
  • Industry Revenue (2009-2023)
  • Industry Gross Product (2009-2023)
  • Establishments (2009-2023)
  • Businesses (2009-2023)
  • Employment (2009-2023)
  • Wages (2009-2023)
  • Government expenditure and investment (2009-2023)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Building Canada Plan (Bcp)
  • A seven-year, $33.0 billion plan for local and regional infrastructure initiated by the federal government in 2007.
  • Federal Crown Corporation
  • Federal corporations established by parliament that are shielded from constant legislative oversight, giving them greater freedom from direct political control.
  • New Building Canada Plan (Nbcp)
  • A ten-year, $53.0 billion plan for local and regional infrastructure initiated by the federal government in 2013.
  • Ppp Canada
  • A federal Crown corporation created by the Economic Action Plan of 2008 and tasked with increasing the private sector's role in providing infrastructure for public use.
  • Public-Private Partnership (Ppp)
  • A partnership where the public sector fully or partially hands over construction, financing and management of infrastructure to the private sector.
  • Shovel-Ready
  • Projects on which construction can begin immediately, resulting in the speedy employment of workers.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Bridge & Elevated Highway 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.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Bridge & Elevated Highway Construction:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Bridge & Elevated Highway Construction market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Bridge & Elevated Highway Construction, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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