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Classified in: Transportation
Subject: MRR

Road Construction and Maintenance Market: Historic Industry Size and Analysis of 15 Vendors and 7 Countries - Technavio


NEW YORK, Nov. 26, 2022 /PRNewswire/ -- The road construction and maintenance market size is forecasted to increase by USD 259.95 billion from 2022 to 2027, at a CAGR of 5.42%, according to the recent market study by Technavio. The growth of the market will be driven by investments in road and highway infrastructure projects, growth in the number of automobiles on roads, and the increasing demand for highway infrastructure.

Technavio categorizes the global road construction and maintenance market as a part of the construction and engineering market, which covers companies that are primarily engaged in non-residential construction, including engineering service providers and EPC contractors.

Charts & data tables about market and segment sizes for a historic period of five (2017-2021) years have been covered in this report. Download the Sample Report

Technavio has extensively analyzed 15 major vendors, including Advantage North Services Ltd., Afcons Infrastructure Ltd., Balfour Beatty Plc, Blacklidge, Cat Works LLC, Dilip Buildcon Ltd., Dragados, Ebenezer Commercial Works Ltd., Granite Construction Inc., Hunan Communication and Water Conservancy Group Ltd, Kiewit Corp., Ledcor Group, National Highways and Infrastructure Development Corp. Ltd., STRABAG International GmbH, TATA Projects Ltd., Tenmile, The Lane Construction Corp., United Materials, and Xenomatix.

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Customer Landscape - Analysis of Price Sensitivity, Adoption Lifecycle, Customer Purchase Basket, Adoption Rates, and Purchase Criteria by Technavio

Download the sample to get a holistic overview of the road construction and maintenance market by industry experts to evaluate and develop growth strategies.

The market is segmented by application (new construction, reconstruction, and repair) and type (highway, street, and bridge).

Segmentation by application (Inclusion/Exclusion)

The new construction segment grew gradually by USD 385.75 billion between 2017 and 2021. The growth of this segment is attributed to factors such as the rise in the number of vehicles, including passenger vehicles and commercial vehicles, and increasing investments in road infrastructure.

To get detailed insights about inclusions and exclusions, buy report.

Related Reports -

Construction Market in Turkey by End-user and Sector - Forecast and Analysis 2022-2026 ? size is estimated to increase by USD 51.64 billion from 2021 to 2026, with an accelerated CAGR of 5.08%, according to the recent market study by Technavio. Furthermore, this report extensively covers market segmentation by end-user (residential, infrastructure, and commercial) and sector (private and public). 

Construction Aggregates Market in the US by Product and End-user - Forecast and Analysis 2022-2026 ? size is estimated to increase by 06.97 million metric tons from 2021 to 2026, according to the recent market study by Technavio. The rising construction activities in the US are one of the key factors driving the market growth.

What are the key data covered in the road construction and maintenance market?

Road Construction and Maintenance Market Scope

Report Coverage

Details

Page number

120

Base year

2022

Historic Period

2017 -2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 5.42%

Market growth 2023-2027

USD 259.95 billion

Market structure

Fragmented

YoY growth (%)

4.35

Regional analysis

North America, APAC, Europe, South America, and the Middle East and Africa

Performing contribution

APAC at 41%

Key countries

US, China, India, Russia, and UK

Competitive landscape

Leading companies, Market Positioning of Vendors, Competitive Strategies and Industry Risks

Companies profiled

Advantage North Services Ltd., Afcons Infrastructure Ltd., Balfour Beatty Plc, Blacklidge, Cat Works LLC, Dilip Buildcon Ltd., Dragados, Ebenezer Commercial Works Ltd., Granite Construction Inc., Hunan Communication and Water Conservancy Group Ltd, Kiewit Corp., Ledcor Group, National Highways and Infrastructure Development Corp. Ltd., STRABAG International GmbH, TATA Projects Ltd., Tenmile, The Lane Construction Corp., United Materials, and Xenomatix

Market Dynamics

Parent Market Analysis; Market growth inducers and obstacles; Fast-growing and slow-growing segment analysis for the forecast period

Customization preview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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Table of Contents

1 Executive Summary

2 Market Landscape

3 Market Sizing

4 Historic Market Size

5 Five Forces Analysis

6 Market Segmentation by Application

7 Market Segmentation by Type

8 Customer Landscape

9 Geographic Landscape

10 Drivers, Challenges, and Trends

11 Vendor Landscape

12 Vendor Analysis

13 Appendix

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

SOURCE Technavio


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News published on 26 november 2022 at 20:00 and distributed by: