PUBLISHER: TechNavio | PRODUCT CODE: 1405609
PUBLISHER: TechNavio | PRODUCT CODE: 1405609
The road construction and maintenance market in North America is forecasted to grow by USD 68.1 bn during 2023-2028, accelerating at a CAGR of 4.51% during the forecast period. The report on the road construction and maintenance market in North America provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by investments in road infrastructure projects, growth in number of automobiles on roads, and aging highway infrastructure.
Market Scope | |
---|---|
Base Year | 2023 |
End Year | 2028 |
Series Year | 2024-2028 |
Growth Momentum | Accelerate |
YOY 2024 | 3.26% |
CAGR | 4.51% |
Incremental Value | $68.1bn |
Technavio's road construction and maintenance market in North America is segmented as below:
By Application
By Type
This study identifies the increasing incidence of road accidents as one of the prime reasons driving the road construction and maintenance market in North America growth during the next few years. Also, advances in material use and technology and rising number of partnerships and acquisitions will lead to sizable demand in the market.
The report on the road construction and maintenance market in North America covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading road construction and maintenance market in North America vendors that include Acciona SA, ACS Actividades de Construccion Y Servicios SA, Aecon Group Inc., Bechtel Corp., Clark Construction Group LLC, EllisDon, Ferrovial SA, Fluor Corp., Graham Management Services LP, Granite Construction Inc., GRUPO INDI SA DE CV, Kiewit Corp., Kokosing Inc., Ledcor IP Holdings Ltd., MasTec Inc., Obayashi Corp., Rieth Riley Construction Co. Inc., Skanska AB, The Walsh Group, and Tutor Perini Corp.. Also, the road construction and maintenance market in North America analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
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