Road Construction and Maintenance Market in North America 2024-2028

The road construction and maintenance market in North America is forecasted to grow by USD 68.1 bn during 2023-2028, accelerating at a CAGR of 4.51% during the forecast period. The report on the road construction and maintenance market in North America 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 investments in road infrastructure projects, growth in number of automobiles on roads, and aging highway infrastructure.

Market Scope
Base Year	2023
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	3.26%
CAGR	4.51%
Incremental Value	$68.1bn

Technavio's road construction and maintenance market in North America is segmented as below:

By Application

New construction
Reconstruction
Repair

By Type

Highway
Street
Bridge

This study identifies the increasing incidence of road accidents as one of the prime reasons driving the road construction and maintenance market in North America growth during the next few years. Also, advances in material use and technology and rising number of partnerships and acquisitions will lead to sizable demand in the market.

The report on the road construction and maintenance market in North America covers the following areas:

Road construction and maintenance market in North America sizing
Road construction and maintenance market in North America forecast
Road construction and maintenance market in North America 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 in North America vendors that include Acciona SA, ACS Actividades de Construccion Y Servicios SA, Aecon Group Inc., Bechtel Corp., Clark Construction Group LLC, EllisDon, Ferrovial SA, Fluor Corp., Graham Management Services LP, Granite Construction Inc., GRUPO INDI SA DE CV, Kiewit Corp., Kokosing Inc., Ledcor IP Holdings Ltd., MasTec Inc., Obayashi Corp., Rieth Riley Construction Co. Inc., Skanska AB, The Walsh Group, and Tutor Perini Corp.. Also, the road construction and maintenance market in North America 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 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 and vendor landscape in addition to an analysis of the key vendors.

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 research - both primary and secondary. 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 the accurate market growth.

Product Code: IRTNTR75160

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 Geographical Landscape
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 2023
3.4 Market outlook: Forecast for 2023-2028
Exhibit 14: Chart on North America - Market size and forecast 2023-2028 ($ billion)
Exhibit 15: Data Table on Regional - Market size and forecast 2023-2028 ($ billion)
Exhibit 16: Chart on North America: Year-over-year growth 2023-2028 (%)
Exhibit 17: Data Table on Regional - Market size and forecast 2023-2028 ($ billion)

4 Historic Market Size

4.1 Road construction and maintenance market in North America 2018 - 2022
Exhibit 18: Historic Market Size - Data Table on road construction and maintenance market in north America 2018 - 2022 ($ billion)
4.2 Application Segment Analysis 2018 - 2022
Exhibit 19: Historic Market Size - Application Segment 2018 - 2022 ($ billion)
4.3 Type Segment Analysis 2018 - 2022
Exhibit 20: Historic Market Size - Type Segment 2018 - 2022 ($ billion)
4.4 Geography Segment Analysis 2018 - 2022
Exhibit 21: Historic Market Size - Geography Segment 2018 - 2022 ($ billion)

5 Five Forces Analysis

5.1 Five forces summary
Exhibit 22: Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Exhibit 23: Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Exhibit 24: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Exhibit 25: Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Exhibit 26: Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Exhibit 27: Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Exhibit 28: Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by Application

6.1 Market segments
Exhibit 29: Chart on Application - Market share 2023-2028 (%)
Exhibit 30: Data Table on Application - Market share 2023-2028 (%)
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 2023-2028
Exhibit 33: Chart on New construction - Market size and forecast 2023-2028 ($ billion)
Exhibit 34: Data Table on New construction - Market size and forecast 2023-2028 ($ billion)
Exhibit 35: Chart on New construction - Year-over-year growth 2023-2028 (%)
Exhibit 36: Data Table on New construction - Year-over-year growth 2023-2028 (%)
6.4 Reconstruction - Market size and forecast 2023-2028
Exhibit 37: Chart on Reconstruction - Market size and forecast 2023-2028 ($ billion)
Exhibit 38: Data Table on Reconstruction - Market size and forecast 2023-2028 ($ billion)
Exhibit 39: Chart on Reconstruction - Year-over-year growth 2023-2028 (%)
Exhibit 40: Data Table on Reconstruction - Year-over-year growth 2023-2028 (%)
6.5 Repair - Market size and forecast 2023-2028
Exhibit 41: Chart on Repair - Market size and forecast 2023-2028 ($ billion)
Exhibit 42: Data Table on Repair - Market size and forecast 2023-2028 ($ billion)
Exhibit 43: Chart on Repair - Year-over-year growth 2023-2028 (%)
Exhibit 44: Data Table on Repair - Year-over-year growth 2023-2028 (%)
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 2023-2028 (%)
Exhibit 48: Data Table on Type - Market share 2023-2028 (%)
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 2023-2028
Exhibit 51: Chart on Highway - Market size and forecast 2023-2028 ($ billion)
Exhibit 52: Data Table on Highway - Market size and forecast 2023-2028 ($ billion)
Exhibit 53: Chart on Highway - Year-over-year growth 2023-2028 (%)
Exhibit 54: Data Table on Highway - Year-over-year growth 2023-2028 (%)
7.4 Street - Market size and forecast 2023-2028
Exhibit 55: Chart on Street - Market size and forecast 2023-2028 ($ billion)
Exhibit 56: Data Table on Street - Market size and forecast 2023-2028 ($ billion)
Exhibit 57: Chart on Street - Year-over-year growth 2023-2028 (%)
Exhibit 58: Data Table on Street - Year-over-year growth 2023-2028 (%)
7.5 Bridge - Market size and forecast 2023-2028
Exhibit 59: Chart on Bridge - Market size and forecast 2023-2028 ($ billion)
Exhibit 60: Data Table on Bridge - Market size and forecast 2023-2028 ($ billion)
Exhibit 61: Chart on Bridge - Year-over-year growth 2023-2028 (%)
Exhibit 62: Data Table on Bridge - Year-over-year growth 2023-2028 (%)
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 Geographical Landscape - 2023-2028 (%)
Exhibit 67: Data Table on Market share By Geographical Landscape - 2023-2028 (%)
9.2 Geographic comparison
Exhibit 68: Chart on Geographic comparison
Exhibit 69: Data Table on Geographic comparison
9.3 US - Market size and forecast 2023-2028
Exhibit 70: Chart on US - Market size and forecast 2023-2028 ($ billion)
Exhibit 71: Data Table on US - Market size and forecast 2023-2028 ($ billion)
Exhibit 72: Chart on US - Year-over-year growth 2023-2028 (%)
Exhibit 73: Data Table on US - Year-over-year growth 2023-2028 (%)
9.4 Canada - Market size and forecast 2023-2028
Exhibit 74: Chart on Canada - Market size and forecast 2023-2028 ($ billion)
Exhibit 75: Data Table on Canada - Market size and forecast 2023-2028 ($ billion)
Exhibit 76: Chart on Canada - Year-over-year growth 2023-2028 (%)
Exhibit 77: Data Table on Canada - Year-over-year growth 2023-2028 (%)
9.5 Mexico - Market size and forecast 2023-2028
Exhibit 78: Chart on Mexico - Market size and forecast 2023-2028 ($ billion)
Exhibit 79: Data Table on Mexico - Market size and forecast 2023-2028 ($ billion)
Exhibit 80: Chart on Mexico - Year-over-year growth 2023-2028 (%)
Exhibit 81: Data Table on Mexico - Year-over-year growth 2023-2028 (%)
9.6 Market opportunity By Geographical Landscape
Exhibit 82: Market opportunity By Geographical Landscape ($ billion)
Exhibit 83: Data Table on Market opportunity By Geographical Landscape ($ 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 2023 and 2028
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 Acciona SA
Exhibit 90: Acciona SA - Overview
Exhibit 91: Acciona SA - Business segments
Exhibit 92: Acciona SA - Key news
Exhibit 93: Acciona SA - Key offerings
Exhibit 94: Acciona SA - Segment focus
12.4 ACS Actividades de Construccion Y Servicios SA
Exhibit 95: ACS Actividades de Construccion Y Servicios SA - Overview
Exhibit 96: ACS Actividades de Construccion Y Servicios SA - Business segments
Exhibit 97: ACS Actividades de Construccion Y Servicios SA - Key offerings
Exhibit 98: ACS Actividades de Construccion Y Servicios SA - Segment focus
12.5 Aecon Group Inc.
Exhibit 99: Aecon Group Inc. - Overview
Exhibit 100: Aecon Group Inc. - Business segments
Exhibit 101: Aecon Group Inc. - Key offerings
Exhibit 102: Aecon Group Inc. - Segment focus
12.6 Bechtel Corp.
Exhibit 103: Bechtel Corp. - Overview
Exhibit 104: Bechtel Corp. - Product / Service
Exhibit 105: Bechtel Corp. - Key news
Exhibit 106: Bechtel Corp. - Key offerings
12.7 Clark Construction Group LLC
Exhibit 107: Clark Construction Group LLC - Overview
Exhibit 108: Clark Construction Group LLC - Product / Service
Exhibit 109: Clark Construction Group LLC - Key offerings
12.8 EllisDon
Exhibit 110: EllisDon - Overview
Exhibit 111: EllisDon - Product / Service
Exhibit 112: EllisDon - Key offerings
12.9 Ferrovial SA
Exhibit 113: Ferrovial SA - Overview
Exhibit 114: Ferrovial SA - Business segments
Exhibit 115: Ferrovial SA - Key offerings
Exhibit 116: Ferrovial SA - Segment focus
12.10 Fluor Corp.
Exhibit 117: Fluor Corp. - Overview
Exhibit 118: Fluor Corp. - Business segments
Exhibit 119: Fluor Corp. - Key offerings
Exhibit 120: Fluor Corp. - Segment focus
12.11 Graham Management Services LP
Exhibit 121: Graham Management Services LP - Overview
Exhibit 122: Graham Management Services LP - Product / Service
Exhibit 123: Graham Management Services LP - Key offerings
12.12 Kiewit Corp.
Exhibit 124: Kiewit Corp. - Overview
Exhibit 125: Kiewit Corp. - Product / Service
Exhibit 126: Kiewit Corp. - Key offerings
12.13 Ledcor IP Holdings Ltd.
Exhibit 127: Ledcor IP Holdings Ltd. - Overview
Exhibit 128: Ledcor IP Holdings Ltd. - Product / Service
Exhibit 129: Ledcor IP Holdings Ltd. - Key offerings
12.14 Rieth Riley Construction Co. Inc.
Exhibit 130: Rieth Riley Construction Co. Inc. - Overview
Exhibit 131: Rieth Riley Construction Co. Inc. - Product / Service
Exhibit 132: Rieth Riley Construction Co. Inc. - Key offerings
12.15 Skanska AB
Exhibit 133: Skanska AB - Overview
Exhibit 134: Skanska AB - Business segments
Exhibit 135: Skanska AB - Key offerings
Exhibit 136: Skanska AB - Segment focus
12.16 The Walsh Group
Exhibit 137: The Walsh Group - Overview
Exhibit 138: The Walsh Group - Product / Service
Exhibit 139: The Walsh Group - Key offerings
12.17 Tutor Perini Corp.
Exhibit 140: Tutor Perini Corp. - Overview
Exhibit 141: Tutor Perini Corp. - Business segments
Exhibit 142: Tutor Perini Corp. - Key offerings
Exhibit 143: Tutor Perini Corp. - Segment focus

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 144: Inclusions checklist
Exhibit 145: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 146: Currency conversion rates for US$
13.4 Research methodology
Exhibit 147: Research methodology
Exhibit 148: Validation techniques employed for market sizing
Exhibit 149: Information sources
13.5 List of abbreviations
Exhibit 150: List of abbreviations