Market Share of Bridge Construction Industry
Robots, virtual reality, and augmented reality technologies are among the cutting-edge technologies being utilized to build bridges faster and with lower operational costs. For instance, to enhance the structural performance of the bridges, the new arch steel bridge that is currently being built in Bangladesh is using cutting-edge technologies in bridge maintenance and management. ACS Group, AECOM, Balfour Beatty, China Communications Construction Company Limited, and many more are some of the major players. To increase their market reach and compete in the markets, the major players adopted key strategies like product development, business expansion, agreements, partnerships, and acquisitions. These strategies are now being used to build bridges at lower operational costs and shorten project lead times.
Bridge Construction Market Leaders
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ACS Group
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AECOM
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Balfour Beatty
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China Communications Construction Company Limited
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China Railway Group Ltd
*Disclaimer: Major Players sorted in no particular order