Global road construction and maintenance market 2024-2028

Description

List of Tables

Technavio has been monitoring the road construction and maintenance market and is forecast to grow by $ 214 bn during 2023-2028, accelerating at a CAGR of 4.36% during the forecast period. Our report on the road construction and maintenance market 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 and highway infrastructure projects, growth in number of automobiles on roads, and increasing need for highway infrastructure.

Technavio's road construction and maintenance market is segmented as below:

Market Scope
Base Year	2024
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	4.12%
CAGR	4.36%
Incremental Value	$214bn

By Application

New construction
Reconstruction
Repair

By Type

Highway
Street
Bridge

By Geographical Landscape

APAC
North America
Europe
South America
Middle East and Africa

This study identifies the adoption of new technologies and materials as one of the prime reasons driving the road construction and maintenance market growth during the next few years. Also, emergence of smart cities and increasing incidence of road accidents will lead to sizable demand in the market.

Technavio 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. Our report on the road construction and maintenance market covers the following areas:

Road construction and maintenance market sizing
Road construction and maintenance market forecast
Road construction and maintenance market industry analysis

Technavio's 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 vendors that include ACS Actividades de Construccion Y Servicios SA, Advantage North Services Ltd., Afcons Infrastructure Ltd., Balfour Beatty Plc, Blacklidge, Cat Works LLC, Dilip Buildcon Ltd., Ebenezer Commercial Works Ltd., Granite Construction Inc., Hunan Communication and Water Conservancy Group Ltd, Kiewit Corp., Ledcor IP Holdings Ltd., National Highways and Infrastructure Development Corp. Ltd., Strabag International GmbH, TATA projects, Tenmile, The Lane Construction Corp., United Materials , and Xenomatix. Also, the road construction and maintenance market 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.

Technavio 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. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Product Code: IRTNTR74698

1 Executive Summary

1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Global Market Characteristics
- Executive Summary - Chart on Market By Geographical Landscape
- Executive Summary - Chart on Market Segmentation by Application
- Executive Summary - Chart on Market Segmentation by Type
- Executive Summary - Chart on Incremental Growth
- Executive Summary - Data Table on Incremental Growth
- Executive Summary - Chart on Company Market Positioning

2 Market Landscape

2.1 Market ecosystem
- Parent Market
- Data Table on - Parent Market
2.2 Market characteristics
- Market characteristics analysis
2.3 Value chain analysis
- Value Chain Analysis

3 Market Sizing

3.1 Market definition
- Offerings of companies included in the market definition
3.2 Market segment analysis
- Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
- Chart on Global - Market size and forecast 2023-2028 ($ billion)
- Data Table on Global - Market size and forecast 2023-2028 ($ billion)
- Chart on Global Market: Year-over-year growth 2023-2028 (%)
- Data Table on Global Market: Year-over-year growth 2023-2028 (%)

4 Historic Market Size

4.1 Global Road Construction And Maintenance Market 2018 - 2022
- Historic Market Size - Data Table on Global Road Construction And Maintenance Market 2018 - 2022 ($ billion)
4.2 Application segment analysis 2018 - 2022
- Historic Market Size - Application Segment 2018 - 2022 ($ billion)
4.3 Type segment analysis 2018 - 2022
- Historic Market Size - Type Segment 2018 - 2022 ($ billion)
4.4 Geography segment analysis 2018 - 2022
- Historic Market Size - Geography Segment 2018 - 2022 ($ billion)
4.5 Country segment analysis 2018 - 2022
- Historic Market Size - Country Segment 2018 - 2022 ($ billion)

5 Five Forces Analysis

5.1 Five forces summary
- Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
- Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by Application

6.1 Market segments
- Chart on Application - Market share 2023-2028 (%)
- Data Table on Application - Market share 2023-2028 (%)
6.2 Comparison by Application
- Chart on Comparison by Application
- Data Table on Comparison by Application
6.3 New construction - Market size and forecast 2023-2028
- Chart on New construction - Market size and forecast 2023-2028 ($ billion)
- Data Table on New construction - Market size and forecast 2023-2028 ($ billion)
- Chart on New construction - Year-over-year growth 2023-2028 (%)
- Data Table on New construction - Year-over-year growth 2023-2028 (%)
6.4 Reconstruction - Market size and forecast 2023-2028
- Chart on Reconstruction - Market size and forecast 2023-2028 ($ billion)
- Data Table on Reconstruction - Market size and forecast 2023-2028 ($ billion)
- Chart on Reconstruction - Year-over-year growth 2023-2028 (%)
- Data Table on Reconstruction - Year-over-year growth 2023-2028 (%)
6.5 Repair - Market size and forecast 2023-2028
- Chart on Repair - Market size and forecast 2023-2028 ($ billion)
- Data Table on Repair - Market size and forecast 2023-2028 ($ billion)
- Chart on Repair - Year-over-year growth 2023-2028 (%)
- Data Table on Repair - Year-over-year growth 2023-2028 (%)
6.6 Market opportunity by Application
- Market opportunity by Application ($ billion)
- Data Table on Market opportunity by Application ($ billion)

7 Market Segmentation by Type

7.1 Market segments
- Chart on Type - Market share 2023-2028 (%)
- Data Table on Type - Market share 2023-2028 (%)
7.2 Comparison by Type
- Chart on Comparison by Type
- Data Table on Comparison by Type
7.3 Highway - Market size and forecast 2023-2028
- Chart on Highway - Market size and forecast 2023-2028 ($ billion)
- Data Table on Highway - Market size and forecast 2023-2028 ($ billion)
- Chart on Highway - Year-over-year growth 2023-2028 (%)
- Data Table on Highway - Year-over-year growth 2023-2028 (%)
7.4 Street - Market size and forecast 2023-2028
- Chart on Street - Market size and forecast 2023-2028 ($ billion)
- Data Table on Street - Market size and forecast 2023-2028 ($ billion)
- Chart on Street - Year-over-year growth 2023-2028 (%)
- Data Table on Street - Year-over-year growth 2023-2028 (%)
7.5 Bridge - Market size and forecast 2023-2028
- Chart on Bridge - Market size and forecast 2023-2028 ($ billion)
- Data Table on Bridge - Market size and forecast 2023-2028 ($ billion)
- Chart on Bridge - Year-over-year growth 2023-2028 (%)
- Data Table on Bridge - Year-over-year growth 2023-2028 (%)
7.6 Market opportunity by Type
- Market opportunity by Type ($ billion)
- Data Table on Market opportunity by Type ($ billion)

8 Customer Landscape

8.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
- Chart on Market share By Geographical Landscape 2023-2028 (%)
- Data Table on Market share By Geographical Landscape 2023-2028 (%)
9.2 Geographic comparison
- Chart on Geographic comparison
- Data Table on Geographic comparison
9.3 APAC - Market size and forecast 2023-2028
- Chart on APAC - Market size and forecast 2023-2028 ($ billion)
- Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
- Chart on APAC - Year-over-year growth 2023-2028 (%)
- Data Table on APAC - Year-over-year growth 2023-2028 (%)
9.4 North America - Market size and forecast 2023-2028
- Chart on North America - Market size and forecast 2023-2028 ($ billion)
- Data Table on North America - Market size and forecast 2023-2028 ($ billion)
- Chart on North America - Year-over-year growth 2023-2028 (%)
- Data Table on North America - Year-over-year growth 2023-2028 (%)
9.5 Europe - Market size and forecast 2023-2028
- Chart on Europe - Market size and forecast 2023-2028 ($ billion)
- Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
- Chart on Europe - Year-over-year growth 2023-2028 (%)
- Data Table on Europe - Year-over-year growth 2023-2028 (%)
9.6 South America - Market size and forecast 2023-2028
- Chart on South America - Market size and forecast 2023-2028 ($ billion)
- Data Table on South America - Market size and forecast 2023-2028 ($ billion)
- Chart on South America - Year-over-year growth 2023-2028 (%)
- Data Table on South America - Year-over-year growth 2023-2028 (%)
9.7 Middle East and Africa - Market size and forecast 2023-2028
- Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
- Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
- Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
9.8 US - Market size and forecast 2023-2028
- Chart on US - Market size and forecast 2023-2028 ($ billion)
- Data Table on US - Market size and forecast 2023-2028 ($ billion)
- Chart on US - Year-over-year growth 2023-2028 (%)
- Data Table on US - Year-over-year growth 2023-2028 (%)
9.9 China - Market size and forecast 2023-2028
- Chart on China - Market size and forecast 2023-2028 ($ billion)
- Data Table on China - Market size and forecast 2023-2028 ($ billion)
- Chart on China - Year-over-year growth 2023-2028 (%)
- Data Table on China - Year-over-year growth 2023-2028 (%)
9.10 Russia - Market size and forecast 2023-2028
- Chart on Russia - Market size and forecast 2023-2028 ($ billion)
- Data Table on Russia - Market size and forecast 2023-2028 ($ billion)
- Chart on Russia - Year-over-year growth 2023-2028 (%)
- Data Table on Russia - Year-over-year growth 2023-2028 (%)
9.11 UK - Market size and forecast 2023-2028
- Chart on UK - Market size and forecast 2023-2028 ($ billion)
- Data Table on UK - Market size and forecast 2023-2028 ($ billion)
- Chart on UK - Year-over-year growth 2023-2028 (%)
- Data Table on UK - Year-over-year growth 2023-2028 (%)
9.12 India - Market size and forecast 2023-2028
- Chart on India - Market size and forecast 2023-2028 ($ billion)
- Data Table on India - Market size and forecast 2023-2028 ($ billion)
- Chart on India - Year-over-year growth 2023-2028 (%)
- Data Table on India - Year-over-year growth 2023-2028 (%)
9.13 Market opportunity By Geographical Landscape
- Market opportunity By Geographical Landscape ($ billion)
- Data Tables on Market opportunity By Geographical Landscape ($ billion)

10 Drivers, Challenges, and Opportunity/Restraints

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2023 and 2028
10.4 Market opportunities/restraints

11 Competitive Landscape

11.1 Overview
11.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
11.3 Landscape disruption
- Overview on factors of disruption
11.4 Industry risks
- Impact of key risks on business

12 Competitive Analysis

12.1 Companies profiled
- Companies covered
12.2 Market positioning of companies
- Matrix on companies position and classification
12.3 ACS Actividades de Construccion Y Servicios SA
- ACS Actividades de Construccion Y Servicios SA - Overview
- ACS Actividades de Construccion Y Servicios SA - Business segments
- ACS Actividades de Construccion Y Servicios SA - Key offerings
- ACS Actividades de Construccion Y Servicios SA - Segment focus
12.4 Advantage North Services Ltd.
- Advantage North Services Ltd. - Overview
- Advantage North Services Ltd. - Product / Service
- Advantage North Services Ltd. - Key offerings
12.5 Afcons Infrastructure Ltd.
- Afcons Infrastructure Ltd. - Overview
- Afcons Infrastructure Ltd. - Business segments
- Afcons Infrastructure Ltd. - Key offerings
- Afcons Infrastructure Ltd. - Segment focus
12.6 Balfour Beatty Plc
- Balfour Beatty Plc - Overview
- Balfour Beatty Plc - Business segments
- Balfour Beatty Plc - Key offerings
- Balfour Beatty Plc - Segment focus
12.7 Blacklidge
- Blacklidge - Overview
- Blacklidge - Product / Service
- Blacklidge - Key offerings
12.8 Cat Works LLC
- Cat Works LLC - Overview
- Cat Works LLC - Product / Service
- Cat Works LLC - Key offerings
12.9 Dilip Buildcon Ltd.
- Dilip Buildcon Ltd. - Overview
- Dilip Buildcon Ltd. - Business segments
- Dilip Buildcon Ltd. - Key offerings
- Dilip Buildcon Ltd. - Segment focus
12.10 Ebenezer Commercial Works Ltd.
- Ebenezer Commercial Works Ltd. - Overview
- Ebenezer Commercial Works Ltd. - Product / Service
- Ebenezer Commercial Works Ltd. - Key offerings
12.11 Granite Construction Inc.
- Granite Construction Inc. - Overview
- Granite Construction Inc. - Business segments
- Granite Construction Inc. - Key news
- Granite Construction Inc. - Key offerings
- Granite Construction Inc. - Segment focus
12.12 Hunan Communication and Water Conservancy Group Ltd
- Hunan Communication and Water Conservancy Group Ltd - Overview
- Hunan Communication and Water Conservancy Group Ltd - Product / Service
- Hunan Communication and Water Conservancy Group Ltd - Key offerings
12.13 Kiewit Corp.
- Kiewit Corp. - Overview
- Kiewit Corp. - Product / Service
- Kiewit Corp. - Key offerings
12.14 Ledcor IP Holdings Ltd.
- Ledcor IP Holdings Ltd. - Overview
- Ledcor IP Holdings Ltd. - Product / Service
- Ledcor IP Holdings Ltd. - Key news
- Ledcor IP Holdings Ltd. - Key offerings
12.15 Strabag International GmbH
- Strabag International GmbH - Overview
- Strabag International GmbH - Product / Service
- Strabag International GmbH - Key offerings
12.16 TATA projects
- TATA projects - Overview
- TATA projects - Business segments
- TATA projects - Key news
- TATA projects - Key offerings
- TATA projects - Segment focus
12.17 The Lane Construction Corp.
- The Lane Construction Corp. - Overview
- The Lane Construction Corp. - Product / Service
- The Lane Construction Corp. - Key offerings

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
13.3 Currency conversion rates for US$
- Currency conversion rates for US$
13.4 Research methodology
- Research methodology
13.5 Data procurement
- Information sources
13.6 Data validation
- Data validation
13.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
13.8 Data synthesis
- Data synthesis
13.9 360 degree market analysis
- 360 degree market analysis
13.10 List of abbreviations
- List of abbreviations