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.
What`s New for 2023?
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:
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Road Construction and Maintenance Market 2023-2027: Segmentation
Road Construction and Maintenance Market is segmented as below:
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Road Construction and Maintenance Market 2023-2027: Key Highlights
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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
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides 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 consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. 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.
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