KPMG on Russia’s road infrastructure market prospects

Research by KPMG has revealed that the Russian road infrastructure market is growing by an average ten per cent per year. The market may total US$43.62 billion by 2020, compared with US$9.9 billion in 2007. According to analysts, only large federal road construction companies are able to achieve the highest profitability. However, such companies will have to reduce costs because contracts are becoming bigger and more complex and include construction of artificial structures, for example. Consolidation of co
December 5, 2013 Read time: 1 min
Research by 1981 KPMG has revealed that the Russian road infrastructure market is growing by an average ten per cent per year. The market may total US$43.62 billion by 2020, compared with US$9.9 billion in 2007. According to analysts, only large federal road construction companies are able to achieve the highest profitability. However, such companies will have to reduce costs because contracts are becoming bigger and more complex and include construction of artificial structures, for example. Consolidation of companies by means of mergers and acquisitions in order to expand geographic reach or to boost a market share is one of the main trends of the market.

According to KPMG, an average road construction tender value amounted to US$90 billion in 2012 against US$81 billion in 2011.

For more information on companies in this article

Related Content

  • NXP maintains pole position within the ticketing market
    August 14, 2012
    Despite competition clearly increasing within the contactless ticketing market, NXP maintains a dominant foothold, through its line of MiFare solutions, according to ABI Research which says the company achieved a combined market share in excess of 70 per cent for 2011 smart card and RFID ticketing IC shipments. The OSPT continues its quest in penetrating the market with CiPurse product and has certainly had a successful 2012, completing pilots and trials worldwide, leading to two on-going commercial deploym
    Read More
  • Cloud computing technology benefits GIS
    July 17, 2012
    Geographic Information Systems are a relatively late adopter of cloud computing,but the benefits of host services for geospatial data and analysis are becoming clear. Jason Barnes reports Both the concept and the reality of cloud computing have been around for some time. More and more industry sectors are entrusting external service providers with the provision of their computing services via the internet. However, the Geographic Information System (GIS) industry has been slow to embrace the trend. This is
    Read More
  • SMMT sets up connected and autonomous vehicles forum
    June 19, 2015
    New research commissioned by the Society of Motor Manufacturers & Traders (SMMT) has found the development of connected and autonomous vehicles will help generate 320,000 jobs in the UK, delivering huge benefits to society and the economy. In the first comprehensive analysis of the UK opportunities provided by this new technology, KPMG has found these new vehicles could deliver a US$81 billion boost to the UK economy and reduce serious road traffic accidents by more than 25,000 a year by 2030. To expl
    Read More
  • Healthy growth projected for driver assistance systems market
    September 22, 2014
    The value of the blind spot detection system market is projected to grow US$2.8 billion and adaptive cruise control system market to grow US$6.1 Billion by 2019 at a healthy CAGR of 22.8 per cent and 16.9 per cent respectively from 2014 to 2019, according to the latest report from Research and Markets. The report, Blind Spot Detection (BSD) System and Adaptive Cruise Control (ACC) System Market for Passenger Cars; by Geography - Trends and Forecasts 2014-2019, says that automotive adaptive cruise contr
    Read More

Highlighted Content