Product Code: IRTNTR74698
The road construction and maintenance market is forecasted to grow by USD 230.4 bn during 2024-2029, accelerating at a CAGR of 4.5% during the forecast period. The 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 road construction and maintenance with building infrastructure, growth in number of automobiles on roads, and increasing need for highway infrastructure.
Market Scope |
Base Year | 2025 |
End Year | 2029 |
Series Year | 2025-2029 |
Growth Momentum | Accelerate |
YOY 2025 | 4.2% |
CAGR | 4.5% |
Incremental Value | $230.4 bn |
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 size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
Technavio's road construction and maintenance market is segmented as below:
By Application
- New construction
- Reconstruction
- Repair
By Type
By End-user
- Government agencies
- Private contractors
- Public-private partnerships (PPP)
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.
The 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
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 vendors that include ACS ACTIVIDADES DE, 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 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 primary and secondary research. 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 accurate market growth.
Table of Contents
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 Market Segmentation by End-user
- Executive Summary - Chart on Incremental Growth
- Executive Summary - Data Table on Incremental Growth
- Executive Summary - Chart on Company Market Positioning
2 Technavio Analysis
- 2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
- 2.2 Criticality of inputs and Factors of differentiation
- Overview on criticality of inputs and factors of differentiation
- 2.3 Factors of disruption
- Overview on factors of disruption
- 2.4 Impact of drivers and challenges
- Impact of drivers and challenges in 2024 and 2029
3 Market Landscape
- 3.1 Market ecosystem
- Parent Market
- Data Table on - Parent Market
- 3.2 Market characteristics
- Market characteristics analysis
- 3.3 Value chain analysis
4 Market Sizing
- 4.1 Market definition
- Offerings of companies included in the market definition
- 4.2 Market segment analysis
- 4.3 Market size 2024
- 4.4 Market outlook: Forecast for 2024-2029
- Chart on Global - Market size and forecast 2024-2029 ($ billion)
- Data Table on Global - Market size and forecast 2024-2029 ($ billion)
- Chart on Global Market: Year-over-year growth 2024-2029 (%)
- Data Table on Global Market: Year-over-year growth 2024-2029 (%)
5 Historic Market Size
- 5.1 Global Road Construction And Maintenance Market 2019 - 2023
- Historic Market Size - Data Table on Global Road Construction And Maintenance Market 2019 - 2023 ($ billion)
- 5.2 Application segment analysis 2019 - 2023
- Historic Market Size - Application Segment 2019 - 2023 ($ billion)
- 5.3 Type segment analysis 2019 - 2023
- Historic Market Size - Type Segment 2019 - 2023 ($ billion)
- 5.4 End-user segment analysis 2019 - 2023
- Historic Market Size - End-user Segment 2019 - 2023 ($ billion)
- 5.5 Geography segment analysis 2019 - 2023
- Historic Market Size - Geography Segment 2019 - 2023 ($ billion)
- 5.6 Country segment analysis 2019 - 2023
- Historic Market Size - Country Segment 2019 - 2023 ($ billion)
6 Qualitative Analysis
- 6.1 The AI impact on global road construction and maintenance market
7 Five Forces Analysis
- 7.1 Five forces summary
- Five forces analysis - Comparison between 2024 and 2029
- 7.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2024 and 2029
- 7.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2024 and 2029
- 7.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2024 and 2029
- 7.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2024 and 2029
- 7.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2024 and 2029
- 7.7 Market condition
- Chart on Market condition - Five forces 2024 and 2029
8 Market Segmentation by Application
- 8.1 Market segments
- Chart on Application - Market share 2024-2029 (%)
- Data Table on Application - Market share 2024-2029 (%)
- 8.2 Comparison by Application
- Chart on Comparison by Application
- Data Table on Comparison by Application
- 8.3 New construction - Market size and forecast 2024-2029
- Chart on New construction - Market size and forecast 2024-2029 ($ billion)
- Data Table on New construction - Market size and forecast 2024-2029 ($ billion)
- Chart on New construction - Year-over-year growth 2024-2029 (%)
- Data Table on New construction - Year-over-year growth 2024-2029 (%)
- 8.4 Reconstruction - Market size and forecast 2024-2029
- Chart on Reconstruction - Market size and forecast 2024-2029 ($ billion)
- Data Table on Reconstruction - Market size and forecast 2024-2029 ($ billion)
- Chart on Reconstruction - Year-over-year growth 2024-2029 (%)
- Data Table on Reconstruction - Year-over-year growth 2024-2029 (%)
- 8.5 Repair - Market size and forecast 2024-2029
- Chart on Repair - Market size and forecast 2024-2029 ($ billion)
- Data Table on Repair - Market size and forecast 2024-2029 ($ billion)
- Chart on Repair - Year-over-year growth 2024-2029 (%)
- Data Table on Repair - Year-over-year growth 2024-2029 (%)
- 8.6 Market opportunity by Application
- Market opportunity by Application ($ billion)
- Data Table on Market opportunity by Application ($ billion)
9 Market Segmentation by Type
- 9.1 Market segments
- Chart on Type - Market share 2024-2029 (%)
- Data Table on Type - Market share 2024-2029 (%)
- 9.2 Comparison by Type
- Chart on Comparison by Type
- Data Table on Comparison by Type
- 9.3 Highway - Market size and forecast 2024-2029
- Chart on Highway - Market size and forecast 2024-2029 ($ billion)
- Data Table on Highway - Market size and forecast 2024-2029 ($ billion)
- Chart on Highway - Year-over-year growth 2024-2029 (%)
- Data Table on Highway - Year-over-year growth 2024-2029 (%)
- 9.4 Street - Market size and forecast 2024-2029
- Chart on Street - Market size and forecast 2024-2029 ($ billion)
- Data Table on Street - Market size and forecast 2024-2029 ($ billion)
- Chart on Street - Year-over-year growth 2024-2029 (%)
- Data Table on Street - Year-over-year growth 2024-2029 (%)
- 9.5 Bridge - Market size and forecast 2024-2029
- Chart on Bridge - Market size and forecast 2024-2029 ($ billion)
- Data Table on Bridge - Market size and forecast 2024-2029 ($ billion)
- Chart on Bridge - Year-over-year growth 2024-2029 (%)
- Data Table on Bridge - Year-over-year growth 2024-2029 (%)
- 9.6 Market opportunity by Type
- Market opportunity by Type ($ billion)
- Data Table on Market opportunity by Type ($ billion)
10 Market Segmentation by End-user
- 10.1 Market segments
- Chart on End-user - Market share 2024-2029 (%)
- Data Table on End-user - Market share 2024-2029 (%)
- 10.2 Comparison by End-user
- Chart on Comparison by End-user
- Data Table on Comparison by End-user
- 10.3 Government agencies - Market size and forecast 2024-2029
- Chart on Government agencies - Market size and forecast 2024-2029 ($ billion)
- Data Table on Government agencies - Market size and forecast 2024-2029 ($ billion)
- Chart on Government agencies - Year-over-year growth 2024-2029 (%)
- Data Table on Government agencies - Year-over-year growth 2024-2029 (%)
- 10.4 Private contractors - Market size and forecast 2024-2029
- Chart on Private contractors - Market size and forecast 2024-2029 ($ billion)
- Data Table on Private contractors - Market size and forecast 2024-2029 ($ billion)
- Chart on Private contractors - Year-over-year growth 2024-2029 (%)
- Data Table on Private contractors - Year-over-year growth 2024-2029 (%)
- 10.5 Public-private partnerships (PPP) - Market size and forecast 2024-2029
- Chart on Public-private partnerships (PPP) - Market size and forecast 2024-2029 ($ billion)
- Data Table on Public-private partnerships (PPP) - Market size and forecast 2024-2029 ($ billion)
- Chart on Public-private partnerships (PPP) - Year-over-year growth 2024-2029 (%)
- Data Table on Public-private partnerships (PPP) - Year-over-year growth 2024-2029 (%)
- 10.6 Market opportunity by End-user
- Market opportunity by End-user ($ billion)
- Data Table on Market opportunity by End-user ($ billion)
11 Customer Landscape
- 11.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
12 Geographic Landscape
- 12.1 Geographic segmentation
- Chart on Market share By Geographical Landscape 2024-2029 (%)
- Data Table on Market share By Geographical Landscape 2024-2029 (%)
- 12.2 Geographic comparison
- Chart on Geographic comparison
- Data Table on Geographic comparison
- 12.3 APAC - Market size and forecast 2024-2029
- Chart on APAC - Market size and forecast 2024-2029 ($ billion)
- Data Table on APAC - Market size and forecast 2024-2029 ($ billion)
- Chart on APAC - Year-over-year growth 2024-2029 (%)
- Data Table on APAC - Year-over-year growth 2024-2029 (%)
- 12.4 North America - Market size and forecast 2024-2029
- Chart on North America - Market size and forecast 2024-2029 ($ billion)
- Data Table on North America - Market size and forecast 2024-2029 ($ billion)
- Chart on North America - Year-over-year growth 2024-2029 (%)
- Data Table on North America - Year-over-year growth 2024-2029 (%)
- 12.5 Europe - Market size and forecast 2024-2029
- Chart on Europe - Market size and forecast 2024-2029 ($ billion)
- Data Table on Europe - Market size and forecast 2024-2029 ($ billion)
- Chart on Europe - Year-over-year growth 2024-2029 (%)
- Data Table on Europe - Year-over-year growth 2024-2029 (%)
- 12.6 South America - Market size and forecast 2024-2029
- Chart on South America - Market size and forecast 2024-2029 ($ billion)
- Data Table on South America - Market size and forecast 2024-2029 ($ billion)
- Chart on South America - Year-over-year growth 2024-2029 (%)
- Data Table on South America - Year-over-year growth 2024-2029 (%)
- 12.7 Middle East and Africa - Market size and forecast 2024-2029
- Chart on Middle East and Africa - Market size and forecast 2024-2029 ($ billion)
- Data Table on Middle East and Africa - Market size and forecast 2024-2029 ($ billion)
- Chart on Middle East and Africa - Year-over-year growth 2024-2029 (%)
- Data Table on Middle East and Africa - Year-over-year growth 2024-2029 (%)
- 12.8 US - Market size and forecast 2024-2029
- Chart on US - Market size and forecast 2024-2029 ($ billion)
- Data Table on US - Market size and forecast 2024-2029 ($ billion)
- Chart on US - Year-over-year growth 2024-2029 (%)
- Data Table on US - Year-over-year growth 2024-2029 (%)
- 12.9 Russia - Market size and forecast 2024-2029
- Chart on Russia - Market size and forecast 2024-2029 ($ billion)
- Data Table on Russia - Market size and forecast 2024-2029 ($ billion)
- Chart on Russia - Year-over-year growth 2024-2029 (%)
- Data Table on Russia - Year-over-year growth 2024-2029 (%)
- 12.10 China - Market size and forecast 2024-2029
- Chart on China - Market size and forecast 2024-2029 ($ billion)
- Data Table on China - Market size and forecast 2024-2029 ($ billion)
- Chart on China - Year-over-year growth 2024-2029 (%)
- Data Table on China - Year-over-year growth 2024-2029 (%)
- 12.11 India - Market size and forecast 2024-2029
- Chart on India - Market size and forecast 2024-2029 ($ billion)
- Data Table on India - Market size and forecast 2024-2029 ($ billion)
- Chart on India - Year-over-year growth 2024-2029 (%)
- Data Table on India - Year-over-year growth 2024-2029 (%)
- 12.12 UK - Market size and forecast 2024-2029
- Chart on UK - Market size and forecast 2024-2029 ($ billion)
- Data Table on UK - Market size and forecast 2024-2029 ($ billion)
- Chart on UK - Year-over-year growth 2024-2029 (%)
- Data Table on UK - Year-over-year growth 2024-2029 (%)
- 12.13 Japan - Market size and forecast 2024-2029
- Chart on Japan - Market size and forecast 2024-2029 ($ billion)
- Data Table on Japan - Market size and forecast 2024-2029 ($ billion)
- Chart on Japan - Year-over-year growth 2024-2029 (%)
- Data Table on Japan - Year-over-year growth 2024-2029 (%)
- 12.14 Canada - Market size and forecast 2024-2029
- Chart on Canada - Market size and forecast 2024-2029 ($ billion)
- Data Table on Canada - Market size and forecast 2024-2029 ($ billion)
- Chart on Canada - Year-over-year growth 2024-2029 (%)
- Data Table on Canada - Year-over-year growth 2024-2029 (%)
- 12.15 France - Market size and forecast 2024-2029
- Chart on France - Market size and forecast 2024-2029 ($ billion)
- Data Table on France - Market size and forecast 2024-2029 ($ billion)
- Chart on France - Year-over-year growth 2024-2029 (%)
- Data Table on France - Year-over-year growth 2024-2029 (%)
- 12.16 South Korea - Market size and forecast 2024-2029
- Chart on South Korea - Market size and forecast 2024-2029 ($ billion)
- Data Table on South Korea - Market size and forecast 2024-2029 ($ billion)
- Chart on South Korea - Year-over-year growth 2024-2029 (%)
- Data Table on South Korea - Year-over-year growth 2024-2029 (%)
- 12.17 Italy - Market size and forecast 2024-2029
- Chart on Italy - Market size and forecast 2024-2029 ($ billion)
- Data Table on Italy - Market size and forecast 2024-2029 ($ billion)
- Chart on Italy - Year-over-year growth 2024-2029 (%)
- Data Table on Italy - Year-over-year growth 2024-2029 (%)
- 12.18 Market opportunity By Geographical Landscape
- Market opportunity By Geographical Landscape ($ billion)
- Data Tables on Market opportunity By Geographical Landscape ($ billion)
13 Drivers, Challenges, and Opportunity/Restraints
- 13.1 Market drivers
- 13.2 Market challenges
- 13.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2024 and 2029
- 13.4 Market opportunities/restraints
14 Competitive Landscape
- 14.1 Overview
- 14.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
- 14.3 Landscape disruption
- Overview on factors of disruption
- 14.4 Industry risks
- Impact of key risks on business
15 Competitive Analysis
- 15.1 Companies profiled
- 15.2 Company ranking index
- 15.3 Market positioning of companies
- Matrix on companies position and classification
- 15.4 ACS ACTIVIDADES DE
- ACS ACTIVIDADES DE - Overview
- ACS ACTIVIDADES DE - Business segments
- ACS ACTIVIDADES DE - Key offerings
- ACS ACTIVIDADES DE - Segment focus
- SWOT
- 15.5 Advantage North Services Ltd.
- Advantage North Services Ltd. - Overview
- Advantage North Services Ltd. - Product / Service
- Advantage North Services Ltd. - Key offerings
- SWOT
- 15.6 Afcons Infrastructure Ltd.
- Afcons Infrastructure Ltd. - Overview
- Afcons Infrastructure Ltd. - Business segments
- Afcons Infrastructure Ltd. - Key offerings
- Afcons Infrastructure Ltd. - Segment focus
- SWOT
- 15.7 Balfour Beatty Plc
- Balfour Beatty Plc - Overview
- Balfour Beatty Plc - Business segments
- Balfour Beatty Plc - Key offerings
- Balfour Beatty Plc - Segment focus
- SWOT
- 15.8 Blacklidge
- Blacklidge - Overview
- Blacklidge - Product / Service
- Blacklidge - Key offerings
- SWOT
- 15.9 Cat Works LLC
- Cat Works LLC - Overview
- Cat Works LLC - Product / Service
- Cat Works LLC - Key offerings
- SWOT
- 15.10 Dilip Buildcon Ltd.
- Dilip Buildcon Ltd. - Overview
- Dilip Buildcon Ltd. - Business segments
- Dilip Buildcon Ltd. - Key offerings
- Dilip Buildcon Ltd. - Segment focus
- SWOT
- 15.11 Ebenezer Commercial Works Ltd.
- Ebenezer Commercial Works Ltd. - Overview
- Ebenezer Commercial Works Ltd. - Product / Service
- Ebenezer Commercial Works Ltd. - Key offerings
- SWOT
- 15.12 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
- SWOT
- 15.13 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
- SWOT
- 15.14 Kiewit Corp.
- Kiewit Corp. - Overview
- Kiewit Corp. - Product / Service
- Kiewit Corp. - Key offerings
- SWOT
- 15.15 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
- SWOT
- 15.16 Strabag International GmbH
- Strabag International GmbH - Overview
- Strabag International GmbH - Product / Service
- Strabag International GmbH - Key offerings
- SWOT
- 15.17 TATA projects
- TATA projects - Overview
- TATA projects - Business segments
- TATA projects - Key news
- TATA projects - Key offerings
- TATA projects - Segment focus
- SWOT
- 15.18 The Lane Construction Corp.
- The Lane Construction Corp. - Overview
- The Lane Construction Corp. - Product / Service
- The Lane Construction Corp. - Key offerings
- SWOT
16 Appendix
- 16.1 Scope of the report
- 16.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
- 16.3 Currency conversion rates for US$
- Currency conversion rates for US$
- 16.4 Research methodology
- 16.5 Data procurement
- 16.6 Data validation
- 16.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
- 16.8 Data synthesis
- 16.9 360 degree market analysis
- 360 degree market analysis
- 16.10 List of abbreviations