Turkey Bridge Construction Market revenue size is projected to grow at a CAGR of 5.9% during 2024-2030

Steel segment by Materials held the highest revenue share in Turkey Bridge Construction Market -6Wresearch

In 2023, steel dominated Turkey's bridge construction market due to its high strength, seismic resilience, and flexibility in design, ideal for the country's diverse and challenging geography. Additionally, steel's cost-effectiveness and faster construction through prefabrication made it a preferred choice for large-scale infrastructure projects.  The $3 billion 1915 Çanakkale Bridge, a steel suspension project that utilized 128,000 tonnes of steel has proved to be a key driver for growth of steel’s revenue and volume size during 2020-2023. This project highlighted a strategic partnership between Turkish and South Korean suppliers, with 52,000 tonnes of steel plate sourced for the bridge deck.

According to 6Wresearch, Turkey Bridge Construction Market revenue size is projected to grow at a CAGR of 5.9% during 2024-2030. The bridge construction market in Turkey experienced a mixed performance from 2020 to 2023. This was primarily influenced by the COVID-19 pandemic, which caused disruptions in supply chains, labor shortages, and delays in ongoing projects. The government initially slowed down some infrastructure initiatives during the early pandemic phase. Further, on 6 Feb 2023, 2 consecutive earthquakes of magnitude 7.7 and 7.6 occurred in Kahramanmaraş, Turkey caused varying levels of destruction in 11 cities in southeastern Turkey. However, despite the challenges, the market saw resilience, particularly in large-scale projects that were prioritized for economic recovery. Notable projects such as the new Istanbul Canal (a major megaproject aiming to create a new artificial shipping route) and Kinali–Tekirdag–Çanakkale–Savaştepe Highway project (Including 1915 Çanakkale Bridge- the world’s longest and widest midspan suspension bridge, completed in 2022) continued to drive demand for bridge construction. Furthermore, Turkey's strategic focus on maintaining infrastructure projects to support economic growth and regional development provided a cushion to the market, helping mitigate any substantial decline during the period.

According to Bhawna, Senior Research Analyst, 6Wresearch,  Beam bridges led Turkey's bridge market revenue, driven by the efficiency of pre-stressed concrete, which combines concrete's compression strength with steel's tension resistance. Additionally, Turkey has a large and growing demand for road transportation infrastructure due to its strategic location between Europe and Asia, as well as increasing domestic mobility, thus beam bridges are ideal for overpasses, highways, and urban infrastructure, which are in high demand across Turkey. Further, cable-stayed bridges secured the 2nd rank in in 2023 due to their suitability for large-scale projects, aesthetic appeal, ability to span long distances, and ability to meet Turkey's specific seismic, geographic, and infrastructural needs.

Turkey Bridge Construction Market (2024-2030) report provides an in-depth analysis with 18 figures and 5 tables, covered in 70 pages. The report thoroughly covers market by type, by material, by application.. Turkey Bridge Construction Market outlook report provides an unbiased and detailed analysis of the on-going Turkey Bridge Construction Market trends, opportunities/high growth areas and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.