PUBLISHER: GlobalData | PRODUCT CODE: 1882819
PUBLISHER: GlobalData | PRODUCT CODE: 1882819
This report provides a detailed analysis of road construction projects globally, based on projects tracked by GlobalData.
The global road projects pipeline, as tracked by GlobalData, is valued at $3.89 trillion. North-East Asia accounts for the largest share of global value, with a pipeline valued at $1 trillion. The road project pipeline in South Asia totals $659.8 billion, ahead of South-East Asia, which records a pipeline of $473 billion, and North America with a pipeline value of $435.1 billion. The global road projects pipeline is heavily skewed towards projects in the later stages of development, with the combined value of projects in the pre-execution and execution stages accounting for $2.7 trillion of the global pipeline value, representing a 70% share. Assuming all projects proceed according to schedule and spending is distributed evenly across the execution stage, annual pipeline expenditure may reach $444 billion in 2025. Between 2026 and 2029, spending on the currently tracked pipeline may reach an annual average of $453.7 billion