Portable bridge plays a crucial role at places where the deployment of a permanent bridge is not feasible and in cases when a bridge is required for a certain period of time to carry out a particular task. Further, at areas affected by large-scale disasters, these portable bridges prove to be the vital lifelines. Portable bridges are also called modular bridges that are designed for rapid installations and deliveries. These bridges provide much needed accessibility in the remote areas. Portable bridge market is expected to grow significantly in coming years.
MARKET SCOPE
The "Global Portable Bridge Market Analysis to 2028" is a specialized and in-depth study of the manufacturing and construction industry with a special focus on the global market trend analysis. The report aims to provide an overview of the portable bridge market with detailed market segmentation by type, deployment, application, and geography. The report provides key statistics on the market status of the leading portable bridge market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on type, the global portable bridge market is segmented into truss bridge, crane mat bridge, pedestrian bridge and universal bridge.
- On the basis of deployment, the market is segmented into rapidly erectable gap-crossing bridges, vehicle-launched bridges, river-crossing solutions, causeways and others.
- Based on application, the market is bifurcated into oil and gas, construction, forestry, military, emergency operations and others.
MARKET DYNAMICS
Drivers:
- Growing defense budget of many countries in Asia Pacific region.
- Low costs involved in deployment of such temporary bridges.
Restraints:
- Unorganized retail sector in few developing countries
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The portable bridge market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the portable bridge market in these regions.
IMPACT OF COVID-19 ON PORTABLE BRIDGE MARKET
The outbreak of the COVID-19 has severely impacted the manufacturing, construction and other related industries adversely. The emergence of COVID-19 virus across the globe which led to lockdown scenarios has led to unprecedented series of border closures across the globe. This disruption of global supply chain has left an adverse impact on the manufacturing industry. Restrictions of limited workforce at production site has affected the market from supply side. All the mentioned factors have impacted the portable bridge market negatively.
MARKET PLAYERS
The report covers key developments in the portable bridge market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from portable bridge market are anticipated to lucrative growth opportunities in the future with the rising demand for portable bridge in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the portable bridge market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Acrow Corporation of America
- Bailey Bridges Inc
- Bernie Lublinkhof Welding Ltd.
- China Harzone Industry Corp Ltd
- CNIM Group
- General Dynamics Corporation
- Great Northern Bridgeworks Ltd.
- Griswold Machine and Engineering
- Matrax Inc.
- WEFL Limited