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

News provided by

Nov 26, 2022, 20:00 ET

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 has announced its latest market research report titled Global Road Construction and Maintenance Market 2023-2027

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.

Key Benefits for Industry Players & Stakeholders –

The report offers information on the criticality of vendor inputs, including R&D, CAPEX, and technology.
It also provides detailed analyses of the market's competitive landscape and vendors' product offerings.
The report also provides a qualitative and quantitative analysis of vendors to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize vendors as pure play, category focused, industry focused, and diversified; it is quantitatively analyzed to categorize vendors as dominant, leading, strong, tentative, and weak.

Expand operations in the future - To get requisite details, ask for a custom report.

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

One of the core components of the customer landscape is price sensitivity, an analysis of which will help companies refine marketing strategies to gain a competitive advantage.
Another key aspect is price sensitivity drivers (purchases are undifferentiated, purchase is a key cost to buyers, and quality is not important), which is HIGH.
Furthermore, market adoption rates for all regions have been covered.

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)

Inclusion:

New construction:

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?

CAGR of the market during the forecast period
Detailed information on factors that will drive the growth of the road construction and maintenance market between 2023 and 2027
Precise estimation of the size of the road construction and maintenance market size and its contribution to the parent market
Accurate predictions about upcoming trends and changes in consumer behavior
Growth of the road construction and maintenance market across APAC, North America, Europe, Middle East and Africa, and South America
Thorough analysis of the market's competitive landscape and detailed information about vendors
Comprehensive analysis of factors that will challenge the growth of road construction and maintenance market vendors

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.

Browse Industrials Market Reports

Table of Contents

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 Global 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 Global - Market size and forecast 2022-2027 ($ billion)
Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ billion)
Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

4.1 Global road construction and maintenance market 2017 - 2021

Exhibit 18: Historic Market Size – Data Table on Global road construction and maintenance market 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 Geography Segment Analysis 2017 - 2021

Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ billion)

4.5 Country Segment Analysis 2017 - 2021

Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ billion)

5 Five Forces Analysis

5.1 Five forces summary

Exhibit 23: Five forces analysis - Comparison between2022 and 2027

5.2 Bargaining power of buyers

Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

5.3 Bargaining power of suppliers

Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

5.4 Threat of new entrants

Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

5.5 Threat of substitutes

Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

5.6 Threat of rivalry

Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

5.7 Market condition

Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Application

6.1 Market segments

Exhibit 30: Chart on Application - Market share 2022-2027 (%)
Exhibit 31: Data Table on Application - Market share 2022-2027 (%)

6.2 Comparison by Application

Exhibit 32: Chart on Comparison by Application
Exhibit 33: Data Table on Comparison by Application

6.3 New construction - Market size and forecast 2022-2027

Exhibit 34: Chart on New construction - Market size and forecast 2022-2027 ($ billion)
Exhibit 35: Data Table on New construction - Market size and forecast 2022-2027 ($ billion)
Exhibit 36: Chart on New construction - Year-over-year growth 2022-2027 (%)
Exhibit 37: Data Table on New construction - Year-over-year growth 2022-2027 (%)

6.4 Reconstruction - Market size and forecast 2022-2027

Exhibit 38: Chart on Reconstruction - Market size and forecast 2022-2027 ($ billion)
Exhibit 39: Data Table on Reconstruction - Market size and forecast 2022-2027 ($ billion)
Exhibit 40: Chart on Reconstruction - Year-over-year growth 2022-2027 (%)
Exhibit 41: Data Table on Reconstruction - Year-over-year growth 2022-2027 (%)

6.5 Repair - Market size and forecast 2022-2027

Exhibit 42: Chart on Repair - Market size and forecast 2022-2027 ($ billion)
Exhibit 43: Data Table on Repair - Market size and forecast 2022-2027 ($ billion)
Exhibit 44: Chart on Repair - Year-over-year growth 2022-2027 (%)
Exhibit 45: Data Table on Repair - Year-over-year growth 2022-2027 (%)

6.6 Market opportunity by Application

Exhibit 46: 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)

8 Customer Landscape

8.1 Customer landscape overview

Exhibit 64: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation

Exhibit 65: Chart on Market share by geography 2022-2027 (%)
Exhibit 66: Data Table on Market share by geography 2022-2027 (%)

9.2 Geographic comparison

Exhibit 67: Chart on Geographic comparison
Exhibit 68: Data Table on Geographic comparison

9.3 North America - Market size and forecast 2022-2027

Exhibit 69: Chart on North America - Market size and forecast 2022-2027 ($ billion)
Exhibit 70: Data Table on North America - Market size and forecast 2022-2027 ($ billion)
Exhibit 71: Chart on North America - Year-over-year growth 2022-2027 (%)
Exhibit 72: Data Table on North America - Year-over-year growth 2022-2027 (%)

9.4 APAC - Market size and forecast 2022-2027

Exhibit 73: Chart on APAC - Market size and forecast 2022-2027 ($ billion)
Exhibit 74: Data Table on APAC - Market size and forecast 2022-2027 ($ billion)
Exhibit 75: Chart on APAC - Year-over-year growth 2022-2027 (%)
Exhibit 76: Data Table on APAC - Year-over-year growth 2022-2027 (%)

9.5 Europe - Market size and forecast 2022-2027

Exhibit 77: Chart on Europe - Market size and forecast 2022-2027 ($ billion)
Exhibit 78: Data Table on Europe - Market size and forecast 2022-2027 ($ billion)
Exhibit 79: Chart on Europe - Year-over-year growth 2022-2027 (%)
Exhibit 80: Data Table on Europe - Year-over-year growth 2022-2027 (%)

9.6 South America - Market size and forecast 2022-2027

Exhibit 81: Chart on South America - Market size and forecast 2022-2027 ($ billion)
Exhibit 82: Data Table on South America - Market size and forecast 2022-2027 ($ billion)
Exhibit 83: Chart on South America - Year-over-year growth 2022-2027 (%)
Exhibit 84: Data Table on South America - Year-over-year growth 2022-2027 (%)

9.7 Middle East and Africa - Market size and forecast 2022-2027

Exhibit 85: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
Exhibit 86: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
Exhibit 87: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
Exhibit 88: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

9.8 US - Market size and forecast 2022-2027

Exhibit 89: Chart on US - Market size and forecast 2022-2027 ($ billion)
Exhibit 90: Data Table on US - Market size and forecast 2022-2027 ($ billion)
Exhibit 91: Chart on US - Year-over-year growth 2022-2027 (%)
Exhibit 92: Data Table on US - Year-over-year growth 2022-2027 (%)

9.9 China - Market size and forecast 2022-2027

Exhibit 93: Chart on China - Market size and forecast 2022-2027 ($ billion)
Exhibit 94: Data Table on China - Market size and forecast 2022-2027 ($ billion)
Exhibit 95: Chart on China - Year-over-year growth 2022-2027 (%)
Exhibit 96: Data Table on China - Year-over-year growth 2022-2027 (%)

9.10 Russia - Market size and forecast 2022-2027

Exhibit 97: Chart on Russia - Market size and forecast 2022-2027 ($ billion)
Exhibit 98: Data Table on Russia - Market size and forecast 2022-2027 ($ billion)
Exhibit 99: Chart on Russia - Year-over-year growth 2022-2027 (%)
Exhibit 100: Data Table on Russia - Year-over-year growth 2022-2027 (%)

9.11 UK - Market size and forecast 2022-2027

Exhibit 101: Chart on UK - Market size and forecast 2022-2027 ($ billion)
Exhibit 102: Data Table on UK - Market size and forecast 2022-2027 ($ billion)
Exhibit 103: Chart on UK - Year-over-year growth 2022-2027 (%)
Exhibit 104: Data Table on UK - Year-over-year growth 2022-2027 (%)

9.12 India - Market size and forecast 2022-2027

Exhibit 105: Chart on India - Market size and forecast 2022-2027 ($ billion)
Exhibit 106: Data Table on India - Market size and forecast 2022-2027 ($ billion)
Exhibit 107: Chart on India - Year-over-year growth 2022-2027 (%)
Exhibit 108: Data Table on India - Year-over-year growth 2022-2027 (%)

9.13 Market opportunity by geography

Exhibit 109: 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 110: Impact of drivers and challenges in 2022 and 2027

10.4 Market trends

11 Vendor Landscape

11.1 Overview

11.2 Vendor landscape

Exhibit 111: Overview on Criticality of inputs and Factors of differentiation

11.3 Landscape disruption

Exhibit 112: Overview on factors of disruption

11.4 Industry risks

Exhibit 113: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered

Exhibit 114: Vendors covered

12.2 Market positioning of vendors

Exhibit 115: Matrix on vendor position and classification

12.3 Advantage North Services Ltd.

Exhibit 116: Advantage North Services Ltd. - Overview
Exhibit 117: Advantage North Services Ltd. - Product / Service
Exhibit 118: Advantage North Services Ltd. - Key offerings

12.4 Afcons Infrastructure Ltd.

Exhibit 119: Afcons Infrastructure Ltd. - Overview
Exhibit 120: Afcons Infrastructure Ltd. - Business segments
Exhibit 121: Afcons Infrastructure Ltd. - Key offerings
Exhibit 122: Afcons Infrastructure Ltd. - Segment focus

12.5 Balfour Beatty Plc

Exhibit 123: Balfour Beatty Plc - Overview
Exhibit 124: Balfour Beatty Plc - Business segments
Exhibit 125: Balfour Beatty Plc - Key offerings
Exhibit 126: Balfour Beatty Plc - Segment focus

12.6 Blacklidge

Exhibit 127: Blacklidge - Overview
Exhibit 128: Blacklidge - Product / Service
Exhibit 129: Blacklidge - Key offerings

12.7 Cat Works LLC

Exhibit 130: Cat Works LLC - Overview
Exhibit 131: Cat Works LLC - Product / Service
Exhibit 132: Cat Works LLC - Key offerings

12.8 Dilip Buildcon Ltd.

Exhibit 133: Dilip Buildcon Ltd. - Overview
Exhibit 134: Dilip Buildcon Ltd. - Business segments
Exhibit 135: Dilip Buildcon Ltd. - Key offerings
Exhibit 136: Dilip Buildcon Ltd. - Segment focus

12.9 Dragados

Exhibit 137: Dragados - Overview
Exhibit 138: Dragados - Product / Service
Exhibit 139: Dragados - Key offerings

12.10 Ebenezer Commercial Works Ltd.

Exhibit 140: Ebenezer Commercial Works Ltd. - Overview
Exhibit 141: Ebenezer Commercial Works Ltd. - Product / Service
Exhibit 142: Ebenezer Commercial Works Ltd. - Key offerings

12.11 Granite Construction Inc.

Exhibit 143: Granite Construction Inc. - Overview
Exhibit 144: Granite Construction Inc. - Business segments
Exhibit 145: Granite Construction Inc. - Key offerings
Exhibit 146: Granite Construction Inc. - Segment focus

12.12 Hunan Communication and Water Conservancy Group Ltd

Exhibit 147: Hunan Communication and Water Conservancy Group Ltd - Overview
Exhibit 148: Hunan Communication and Water Conservancy Group Ltd - Product / Service
Exhibit 149: Hunan Communication and Water Conservancy Group Ltd - Key offerings

12.13 Kiewit Corp.

Exhibit 150: Kiewit Corp. - Overview
Exhibit 151: Kiewit Corp. - Product / Service
Exhibit 152: Kiewit Corp. - Key offerings

12.14 Ledcor Group

Exhibit 153: Ledcor Group - Overview
Exhibit 154: Ledcor Group - Product / Service
Exhibit 155: Ledcor Group - Key offerings

12.15 Strabag International GmbH

Exhibit 156: Strabag International GmbH - Overview
Exhibit 157: Strabag International GmbH - Product / Service
Exhibit 158: Strabag International GmbH - Key offerings

12.16 TATA projects

Exhibit 159: TATA projects - Overview
Exhibit 160: TATA projects - Business segments
Exhibit 161: TATA projects - Key offerings
Exhibit 162: TATA projects - Segment focus

12.17 The Lane Construction Corp.

Exhibit 163: The Lane Construction Corp. - Overview
Exhibit 164: The Lane Construction Corp. - Product / Service
Exhibit 165: The Lane Construction Corp. - Key offerings

13 Appendix

13.1 Scope of the report

13.2 Inclusions and exclusions checklist

Exhibit 166: Inclusions checklist
Exhibit 167: Exclusions checklist

13.3 Currency conversion rates for US$

Exhibit 168: Currency conversion rates for US$

13.4 Research methodology

Exhibit 169: Research methodology
Exhibit 170: Validation techniques employed for market sizing
Exhibit 171: Information sources

13.5 List of abbreviations

Exhibit 172: List of abbreviations

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: [email protected]
Website: www.technavio.com/

SOURCE Technavio