Bridge Bearings Market is Projected to Reach US$ 1,242.9 Million, Growing at a CAGR of 4.8% by 2034 | Fact.MR Report [Yahoo! Finance]
VINCI SA UNSP/ADR (VCISY)
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Source: Yahoo! Finance
Rockville, MD , Dec. 19, 2024 (GLOBE NEWSWIRE) -- The global Bridge Bearings Market is set for significant growth, projected to reach a valuation of US$ 777.7 million in 2024, according to a comprehensive study by Fact.MR. Over the forecast period of 2024 to 2034, the market expected to grow at a steady CAGR of , driven by rising investments in road infrastructure and advancements in paving technology. Bearings for bridges are an important part of construction, as they help in load transfer of the superstructure to the substructure and at the same time allow for movement due to geothermic expansion, being subjected to earthquake or traffic loads. These devices are vital in ensuring the durability, safety, and functionality of bridges as they reduce adverse forces and enable controlled displacement of structural components. The increasing orientation towards infrastructural development, majorly in developing economies, is a strong driver for the demand of bridge bearings. During t
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