Market Size of China Transportation Infrastructure Construction Industry
| Study Period | 2020 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2020 - 2022 |
| CAGR | 7.00 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
China Transportation Infrastructure Construction Market Analysis
The China transportation infrastructure construction market is expected to register a growth rate of over 7% during the forecast period of 2022-2027.
The COVID-19 had a significant impact on the China construction sector in 2020. Despite the fact that COVID-19 is projected to slow infrastructure development, construction is expected to pick up. In 2021, the transport infrastructure construction market began to rise after the COVID-19 impact. Economic activity in China has resumed after weeks of the shutdown, and infrastructure work has resumed, as an early sign of recovery.
In 2021, the revenue of major players like China State Construction Engineering Corporation and China Railway Construction Corporation was USD 253.7 billion and 142.5 billion respectively.
China's economic growth has remained generally stable during the pandemic, the development trend of stability and progress, the main macroeconomic indicators are operating in a reasonable range, and the economic structure is being optimized and adjusted.
A series of infrastructure construction projects have begun across China in the final months of the year, as the country's construction boom continues to boost economic growth in the fourth quarter and looks to continue doing so into 2022.
China Transportation Infrastructure Construction Industry Segmentation
Transportation infrastructure is referred to the framework that facilitates the transportation system. Roads, railways, ports, and airports are all part of it. On a daily basis, transportation infrastructure connects people to jobs, health care, education, etc. It makes it easier to provide and receive goods and services worldwide.
The China Transportation Infrastructure Construction Market is segmented by Mode (Roadways, Railways, Airways, Ports and Inland Waterways). The report offers market size and forecasts for China Transportation Infrastructure market in value (USD Billion) for above segment.
| By Mode | |
| Roadways | |
| Railways | |
| Airports | |
| Ports and Inland Waterways |
China Transportation Infrastructure Construction Market Size Summary
The China transportation infrastructure construction market is poised for significant growth, driven by state-led investments and a focus on enhancing the country's transportation network. Despite the challenges posed by the COVID-19 pandemic, the sector has shown resilience, with a notable recovery in 2021 as economic activities resumed. The Chinese government's strategic emphasis on transport infrastructure is evident through the release of long-term planning guidelines, aiming to create a more accessible and high-quality transportation network by 2035. This ambitious plan includes extensive developments in high-speed railways, freeways, and airports, underscoring China's commitment to bolstering its infrastructure capabilities.
The market is characterized by a moderate level of consolidation, with major players like China State Construction Engineering Corporation and China Railway Construction Corporation dominating the landscape. These companies have been instrumental in driving the sector's growth, securing substantial contracts and undertaking large-scale projects both domestically and internationally. The government's proactive measures, such as early allocation of special-purpose bonds, are designed to stimulate investment and support economic stability. As urbanization continues to accelerate, the construction industry in China is expected to maintain its upward trajectory, contributing significantly to the nation's economic development.
China Transportation Infrastructure Construction Market Size - Table of Contents
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1. MARKET INSIGHTS AND DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.3 Market Restraints
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1.4 Market Opportunities
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1.5 Value Chain / Supply Chain Analysis
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1.6 Government Regulations and Initiatives
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1.7 Technological Developments in the Sector
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1.8 Porter's Five Forces Analysis
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1.9 Impact of COVID-19 on the Market
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2. MARKET SEGMENTATION
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2.1 By Mode
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2.1.1 Roadways
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2.1.2 Railways
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2.1.3 Airports
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2.1.4 Ports and Inland Waterways
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China Transportation Infrastructure Construction Market Size FAQs
What is the current China Transportation Infrastructure Construction Market size?
The China Transportation Infrastructure Construction Market is projected to register a CAGR of 7% during the forecast period (2024-2029)
Who are the key players in China Transportation Infrastructure Construction Market?
China State Construction Engineering Corporation Ltd, China Railway Group, China Railway Construction Corporation, China Communications Construction Company and Power Construction Corporation of China are the major companies operating in the China Transportation Infrastructure Construction Market.
