Road Construction And Maintenance Market size to grow by USD 48.42 billion from 2022 to 2027; Growth driven by aging highway infrastructure - Technavio

NEW YORK, May 23, 2023 /PRNewswire/ -- The latest report on the road construction and maintenance market, 2022-2027 estimates to register an incremental growth of USD 48.42 billion, accelerating at a CAGR of 3.37% during the forecast period. The market is fragmented due to the presence of diversified international and regional vendors. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. Request sample report 

Road Construction And Maintenance Market 2023-2027: Vendor Analysis

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Competitors have to focus on differentiating their product offerings with unique value propositions to strengthen their foothold in the market. Market vendors also have to leverage the existing growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Aecon Group Inc., Ferrovial SA, Graham Management Services LP, Granite Construction Inc., Grupo Carso SAB de CV, GRUPO INDI SA DE CV, Kiewit Corp., Kokosing Inc., Ledcor IP Holdings Ltd., Obayashi Corp., PCL Constructors Inc., Pomerleau Inc., Skanska AB, Tutor Perini Corp., ACS Actividades de Construccion Y Servicios SA, Bechtel Corp., Clark Construction Group LLC, EllisDon, Fluor Corp., and The Walsh Group are among some of the major market participants.

aecon.com- The company offers road construction and maintenance services through its subsidiary HOCHTIEF Aktiengesellschaft.

ferrovial.com- The company offers road construction and maintenance services for regional roads, ring roads, and bridges.

grahambuilds.com- The company offers road construction and maintenance services for highway, motorway, and bridges.

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Road Construction and Maintenance Market 2023-2027: Scope

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The soft skills training market report covers the following areas:

• Road Construction and Maintenance Market 2023-2027 Size
• Road Construction and Maintenance Market 2023-2027 Trends
• Road Construction and Maintenance Market 2023-2027 Industry Analysis

Market Drivers

• Investments in road infrastructure projects
• Growth in number of automobiles on roads
• Aging highway infrastructure

Market Trends

• Increasing incidence of road accidents
• Advances in material use and technology
• Rising number of partnerships and acquisitions

Market Challenges

• Rise in cost of construction
• Lack of workforce in construction industry
• Regular updating of regulations

Technavio has identified key trends, drivers, and challenges in the market, which will help clients improve their strategies to stay ahead of their competitors download Sample reports

Road Construction and Maintenance Market 2023-2027: Segmentation

Road Construction and Maintenance Market is segmented as below:

• Application 
• New Construction
• Reconstruction
• Repair
• Type 
• Highway
• Street
• Bridge
• Geography 
• North America

For insights on global, regional, and country-level parameters with growth opportunities, historic (2017 to 2021) & forecast (2023-2027) – Download a Sample Report

Road Construction and Maintenance Market 2023-2027: Key Highlights

• CAGR of the market during the forecast period 2023-2027
• Detailed information on factors that will assist road construction and maintenance market growth during the next five years
• Estimation of the road construction and maintenance market size and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the road construction and maintenance market
• Analysis of the market's competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of road construction and maintenance market, vendors

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1 Executive Summary

• 1.1 Market overview 
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Country Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Type
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem 
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition 
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022 

• 3.4 Market outlook: Forecast for 2022-2027
• Exhibit 14: Chart on North America - Market size and forecast 2022-2027 ($ billion)
• Exhibit 15: Data Table on Regional - Market size and forecast 2022-2027 ($ billion)
• Exhibit 16: Chart on North America: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Regional - Market size and forecast 2022-2027 ($ billion)

4 Historic Market Size

• 4.1 Road construction and maintenance market in North America 2017 - 2021 
• Exhibit 18: Historic Market Size – Data Table on Road construction and maintenance market in North America 2017 - 2021 ($ billion)

• 4.2 Application Segment Analysis 2017 - 2021
• Exhibit 19: Historic Market Size – Application Segment 2017 - 2021 ($ billion)

• 4.3 Type Segment Analysis 2017 - 2021 
• Exhibit 20: Historic Market Size – Type Segment 2017 - 2021 ($ billion)

• 4.4 Country Segment Analysis 2017 - 2021
• Exhibit 21: Historic Market Size – Country Segment 2017 - 2021 ($ billion)

5 Five Forces Analysis

• 5.1 Five forces summary 
• Exhibit 22: Five forces analysis - Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 23: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 24: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 25: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 26: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry 
• Exhibit 27: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition 
• Exhibit 28: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Application

• 6.1 Market segments 
• Exhibit 29: Chart on Application - Market share 2022-2027 (%)
• Exhibit 30: Data Table on Application - Market share 2022-2027 (%)

• 6.2 Comparison by Application 
• Exhibit 31: Chart on Comparison by Application
• Exhibit 32: Data Table on Comparison by Application

• 6.3 New construction - Market size and forecast 2022-2027
• Exhibit 33: Chart on New construction - Market size and forecast 2022-2027 ($ billion)
• Exhibit 34: Data Table on New construction - Market size and forecast 2022-2027 ($ billion)
• Exhibit 35: Chart on New construction - Year-over-year growth 2022-2027 (%)
• Exhibit 36: Data Table on New construction - Year-over-year growth 2022-2027 (%)

• 6.4 Reconstruction - Market size and forecast 2022-2027
• Exhibit 37: Chart on Reconstruction - Market size and forecast 2022-2027 ($ billion)
• Exhibit 38: Data Table on Reconstruction - Market size and forecast 2022-2027 ($ billion)
• Exhibit 39: Chart on Reconstruction - Year-over-year growth 2022-2027 (%)
• Exhibit 40: Data Table on Reconstruction - Year-over-year growth 2022-2027 (%)

• 6.5 Repair - Market size and forecast 2022-2027
• Exhibit 41: Chart on Repair - Market size and forecast 2022-2027 ($ billion)
• Exhibit 42: Data Table on Repair - Market size and forecast 2022-2027 ($ billion)
• Exhibit 43: Chart on Repair - Year-over-year growth 2022-2027 (%)
• Exhibit 44: Data Table on Repair - Year-over-year growth 2022-2027 (%)

• 6.6 Market opportunity by Application 
• Exhibit 45: Market opportunity by Application ($ billion)
• Exhibit 46: Data Table on Market opportunity by Application ($ billion)

7 Market Segmentation by Type

• 7.1 Market segments 
• Exhibit 47: Chart on Type - Market share 2022-2027 (%)
• Exhibit 48: Data Table on Type - Market share 2022-2027 (%)

• 7.2 Comparison by Type 
• Exhibit 49: Chart on Comparison by Type
• Exhibit 50: Data Table on Comparison by Type

• 7.3 Highway - Market size and forecast 2022-2027
• Exhibit 51: Chart on Highway - Market size and forecast 2022-2027 ($ billion)
• Exhibit 52: Data Table on Highway - Market size and forecast 2022-2027 ($ billion)
• Exhibit 53: Chart on Highway - Year-over-year growth 2022-2027 (%)
• Exhibit 54: Data Table on Highway - Year-over-year growth 2022-2027 (%)

• 7.4 Street - Market size and forecast 2022-2027
• Exhibit 55: Chart on Street - Market size and forecast 2022-2027 ($ billion)
• Exhibit 56: Data Table on Street - Market size and forecast 2022-2027 ($ billion)
• Exhibit 57: Chart on Street - Year-over-year growth 2022-2027 (%)
• Exhibit 58: Data Table on Street - Year-over-year growth 2022-2027 (%)

• 7.5 Bridge - Market size and forecast 2022-2027
• Exhibit 59: Chart on Bridge - Market size and forecast 2022-2027 ($ billion)
• Exhibit 60: Data Table on Bridge - Market size and forecast 2022-2027 ($ billion)
• Exhibit 61: Chart on Bridge - Year-over-year growth 2022-2027 (%)
• Exhibit 62: Data Table on Bridge - Year-over-year growth 2022-2027 (%)

• 7.6 Market opportunity by Type 
• Exhibit 63: Market opportunity by Type ($ billion)
• Exhibit 64: Data Table on Market opportunity by Type ($ billion)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 65: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 66: Chart on Market share by geography - 2022-2027 (%)
• Exhibit 67: Data Table on Market share by geography - 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 68: Chart on Geographic comparison
• Exhibit 69: Data Table on Geographic comparison

• 9.3 US - Market size and forecast 2022-2027
• Exhibit 70: Chart on US - Market size and forecast 2022-2027 ($ billion)
• Exhibit 71: Data Table on US - Market size and forecast 2022-2027 ($ billion)
• Exhibit 72: Chart on US - Year-over-year growth 2022-2027 (%)
• Exhibit 73: Data Table on US - Year-over-year growth 2022-2027 (%)

• 9.4 Canada - Market size and forecast 2022-2027
• Exhibit 74: Chart on Canada - Market size and forecast 2022-2027 ($ billion)
• Exhibit 75: Data Table on Canada - Market size and forecast 2022-2027 ($ billion)
• Exhibit 76: Chart on Canada - Year-over-year growth 2022-2027 (%)
• Exhibit 77: Data Table on Canada - Year-over-year growth 2022-2027 (%)

• 9.5 Mexico - Market size and forecast 2022-2027
• Exhibit 78: Chart on Mexico - Market size and forecast 2022-2027 ($ billion)
• Exhibit 79: Data Table on Mexico - Market size and forecast 2022-2027 ($ billion)
• Exhibit 80: Chart on Mexico - Year-over-year growth 2022-2027 (%)
• Exhibit 81: Data Table on Mexico - Year-over-year growth 2022-2027 (%)

• 9.6 Market opportunity by geography 
• Exhibit 82: Market opportunity by geography ($ billion)
• Exhibit 83: Data Table on Market opportunity by geography ($ billion)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers 

• 10.2 Market challenges 

• 10.3 Impact of drivers and challenges 
• Exhibit 84: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends 

11 Vendor Landscape

• 11.1 Overview 

• 11.2 Vendor landscape 
• Exhibit 85: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption 
• Exhibit 86: Overview on factors of disruption

• 11.4 Industry risks 
• Exhibit 87: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered 
• Exhibit 88: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 89: Matrix on vendor position and classification

• 12.3 ACS Actividades de Construccion Y Servicios SA
• Exhibit 90: ACS Actividades de Construccion Y Servicios SA - Overview
• Exhibit 91: ACS Actividades de Construccion Y Servicios SA - Product / Service
• Exhibit 92: ACS Actividades de Construccion Y Servicios SA - Key offerings

• 12.4 Aecon Group Inc. 
• Exhibit 93: Aecon Group Inc. - Overview
• Exhibit 94: Aecon Group Inc. - Business segments
• Exhibit 95: Aecon Group Inc. - Key offerings
• Exhibit 96: Aecon Group Inc. - Segment focus

• 12.5 Bechtel Corp. 
• Exhibit 97: Bechtel Corp. - Overview
• Exhibit 98: Bechtel Corp. - Product / Service
• Exhibit 99: Bechtel Corp. - Key news
• Exhibit 100: Bechtel Corp. - Key offerings

• 12.6 Clark Construction Group LLC 
• Exhibit 101: Clark Construction Group LLC - Overview
• Exhibit 102: Clark Construction Group LLC - Product / Service
• Exhibit 103: Clark Construction Group LLC - Key offerings

• 12.7 EllisDon 
• Exhibit 104: EllisDon - Overview
• Exhibit 105: EllisDon - Product / Service
• Exhibit 106: EllisDon - Key offerings

• 12.8 Ferrovial SA 
• Exhibit 107: Ferrovial SA - Overview
• Exhibit 108: Ferrovial SA - Business segments
• Exhibit 109: Ferrovial SA - Key offerings
• Exhibit 110: Ferrovial SA - Segment focus

• 12.9 Fluor Corp. 
• Exhibit 111: Fluor Corp. - Overview
• Exhibit 112: Fluor Corp. - Business segments
• Exhibit 113: Fluor Corp. - Key offerings
• Exhibit 114: Fluor Corp. - Segment focus

• 12.10 Graham Management Services LP 
• Exhibit 115: Graham Management Services LP - Overview
• Exhibit 116: Graham Management Services LP - Product / Service
• Exhibit 117: Graham Management Services LP - Key offerings

• 12.11 Kiewit Corp. 
• Exhibit 118: Kiewit Corp. - Overview
• Exhibit 119: Kiewit Corp. - Product / Service
• Exhibit 120: Kiewit Corp. - Key offerings

• 12.12 Ledcor IP Holdings Ltd. 
• Exhibit 121: Ledcor IP Holdings Ltd. - Overview
• Exhibit 122: Ledcor IP Holdings Ltd. - Product / Service
• Exhibit 123: Ledcor IP Holdings Ltd. - Key offerings

• 12.13 PCL Constructors Inc. 
• Exhibit 124: PCL Constructors Inc. - Overview
• Exhibit 125: PCL Constructors Inc. - Product / Service
• Exhibit 126: PCL Constructors Inc. - Key offerings

• 12.14 Pomerleau Inc. 
• Exhibit 127: Pomerleau Inc. - Overview
• Exhibit 128: Pomerleau Inc. - Product / Service
• Exhibit 129: Pomerleau Inc. - Key offerings

• 12.15 Skanska AB 
• Exhibit 130: Skanska AB - Overview
• Exhibit 131: Skanska AB - Business segments
• Exhibit 132: Skanska AB - Key offerings
• Exhibit 133: Skanska AB - Segment focus

• 12.16 The Walsh Group 
• Exhibit 134: The Walsh Group - Overview
• Exhibit 135: The Walsh Group - Product / Service
• Exhibit 136: The Walsh Group - Key offerings

• 12.17 Tutor Perini Corp. 
• Exhibit 137: Tutor Perini Corp. - Overview
• Exhibit 138: Tutor Perini Corp. - Business segments
• Exhibit 139: Tutor Perini Corp. - Key offerings
• Exhibit 140: Tutor Perini Corp. - Segment focus

13 Appendix

• 13.1 Scope of the report 

• 13.2 Inclusions and exclusions checklist
• Exhibit 141: Inclusions checklist
• Exhibit 142: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 143: Currency conversion rates for US$

• 13.4 Research methodology 
• Exhibit 144: Research methodology
• Exhibit 145: Validation techniques employed for market sizing
• Exhibit 146: Information sources

• 13.5 List of abbreviations 
• Exhibit 147: List of abbreviations

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