London, UK (PRWEB) December 07, 2012

The U.S. road, bridge and tunnel construction market has not yet recovered from despite the gradual stabilization of the domestic economy. Bridge and tunnel construction segments witnessed upturn in 2010-2011 in the U.S. but, nevertheless, the market has experienced considerable slowdown in its development given the lack of financing. The funding deficit is the principle limiter of the market growth: overall spending on the construction of road, bridges and tunnels in U.S. decreased by more than 4.3% in 2009-2011. The companies providing maintenance and construction services tend to resort to alternative funding sources rather than to depend upon government assistance.

The local road, bridge and tunnel construction market is predicted to witness marginal growth during 2014. The market will possibly be approximately USD 116.5 billion by 2022, increasing at a CARG of 4.7% during 2013-2022.

New research report The U.S. Road, Bridge & Tunnel Construction Market worked out by SBI has been recently published by Market Publishers Ltd.

Report Details:

Title: The U.S. Road, Bridge & Tunnel Construction Market

Published: November, 2012

Pages: