U.S. Bridge & Elevated Highway Construction Market Size & Share Analysis - Emerging Trends, Growth Opportunities, Competitive Landscape, and Forecasts (2025

Description

The U.S. bridge and elevated highway construction market reached a valuation of USD 16.1 billion in 2024 and is projected to grow at a steady CAGR of 5.4%, reaching USD 24.3 billion by 2032. This surge is primarily attributed to massive federal and state investments aimed at overhauling the country's aging transportation infrastructure, with over 40,000 bridges and roadways currently considered outdated and unsafe.

Population growth and increasing vehicular congestion are driving urgent demand for infrastructure upgrades. The U.S. economy reportedly loses USD 70 billion annually due to traffic jams, emphasizing the critical need for new and expanded road networks. In response, innovative technologies like 3D modeling, construction automation, and prefabricated components are being adopted to expedite construction timelines and enhance project efficiency.

Key Insights

The maintenance category dominated the market in 2024, holding a 40% share, driven by the need to maintain over 617,000 bridges, many of which are more than 50 years old. This segment benefits from programs such as the USD 5.3-billion Bridge Formula Program and USD 62-billion Federal-Aid Highway funds.

New construction is expected to register the highest CAGR of 5.5% through 2032, supported by increasing urbanization and the need for disaster-resilient infrastructure.

Bridges accounted for 60% of the market in 2024, fueled by the necessity to replace approximately 40,000 structurally deficient bridges. Meanwhile, elevated highways will see a higher CAGR of 5.7%, due to space limitations in urban areas and growing adoption in cities like Los Angeles and Seattle.

Precast concrete and modular construction methods held a 45% market share in 2024. These approaches allow for faster and cost-effective construction, with fewer workers required onsite.

Smart sensors and IoT monitoring technologies will expand at the fastest CAGR of 6%, enabling real-time monitoring of vibrations and temperatures to facilitate predictive maintenance and reduce risk.

The federal government led funding efforts with a 25% market share in 2024. The Infrastructure Investment and Jobs Act has pledged over USD 61 billion for related projects, including the USD 1.2-billion Harbor Bridge in Texas and the CAD 6.4-billion Gordie Howe International Bridge.

Private investments are set to grow at a CAGR of 5.5%, particularly in toll-based projects such as the Chicago Skyway and Indiana Toll Road.

Government entities were the primary end users in 2024, accounting for 30% of the market. However, private developers will expand the fastest, at a CAGR of 6.1%, due to increasing public-private partnerships in fast-developing regions like Silicon Valley.

The Northeast held the largest regional market share (30%) in 2024, with older infrastructure across economic hubs such as New York and Boston driving demand.

The Western U.S. will post the highest CAGR of 6.2%, driven by urban growth, seismic safety needs, and large-scale investments such as the Brightline West rail project in California.

Competitive fragmentation defines the market, with major players like Skanska USA, Kiewit Corporation, and FlatironDragados leading both local and national projects.

In recent developments, Flatiron Construction Corp. and Dragados merged in April 2025 to form FlatironDragados, while Fluor Corporation and Austin Bridge & Road launched the USD-700 million I-35 Northeast Expansion South project in May 2024.

Product Code: 13593

Chapter 1. Research Scope

1.1. Research Objectives
1.2. Market Definition
1.3. Analysis Period
1.4. Market Size Breakdown by Segments
- 1.4.1. Market Size Breakdown, by Construction Type
- 1.4.2. Market Size Breakdown, by Type of Construction
- 1.4.3. Market Size Breakdown, by Technology Used
- 1.4.4. Market Size Breakdown, by Funding
- 1.4.5. Market Size Breakdown, by End User
1.5. Market Data Reporting Unit
- 1.5.1. Revenue
1.6. Key Stakeholders

Chapter 2. Research Methodology

2.1. Secondary Research
- 2.1.1. Paid
- 2.1.2. Unpaid
- 2.1.3. P&S Intelligence Database
2.2. Primary Research
2.3. Market Size Estimation
2.4. Data Triangulation
2.5. Currency Conversion Rates
2.6. Assumptions for the Study
2.7. Notes and Caveats

Chapter 3. Executive Summary

Chapter 4. Market Indicators

Chapter 5. Industry Outlook

5.1. Industry Background
5.2. Market Dynamics
- 5.2.1. Trends
- 5.2.2. Drivers
- 5.2.3. Restraints/Challenges
- 5.2.4. Emerging Economies and Key Opportunities
- 5.2.5. Impact Analysis of Drivers/Restraints
5.3. Impact of COVID-19
5.4. Sociopolitical Impact
5.5. Porter's Five Forces Analysis
- 5.5.1. Bargaining Power of Buyers
- 5.5.2. Bargaining Power of Suppliers
- 5.5.3. Threat of New Entrants
- 5.5.4. Intensity of Rivalry
- 5.5.5. Threat of Substitutes
5.6. Innovation and Technology Trends
5.7. Economic and Regulatory Impact
5.8. Market Entry Strategies

Chapter 6. Competitive Landscape

6.1. List of Market Players and their Offerings
6.2. Market Share of Key Players (2024)
6.3. Competitive Benchmarking of Key Players
6.4. Product Benchmarking of Key Players
6.5. Recent Strategic Developments by Key Players
6.6. Company Leadership Matrix

Chapter 7. U.S. Market

7.1. Overview
7.2. Market Revenue, by Construction Type (2019-2032)
7.3. Market Revenue, by Type of Construction (2019-2032)
7.4. Market Revenue, by Technology Used (2019-2032)
7.5. Market Revenue, by Funding (2019-2032)
7.6. Market Revenue, by End User (2019-2032)
7.7. Market Revenue, by Country (2019-2032)

Chapter 8. Northeast Market

8.1. Overview
8.2. Economic Indicators
8.3. Demographics and Population Insights
8.4. Regional Hotspots
8.5. Growth Drivers
8.6. Challenges and Barriers
8.7. Competitive Strategies
8.8. Emerging Players
8.9. Import/Export Policies
8.10. Compliance Requirements
8.11. Emerging Investment Areas
8.12. Major Ongoing Projects
8.13. Market Size and Forecast
- 8.13.1. Market Revenue, by Construction Type (2019-2032)
- 8.13.2. Market Revenue, by Type of Construction (2019-2032)
- 8.13.3. Market Revenue, by Technology Used (2019-2032)
- 8.13.4. Market Revenue, by Funding (2019-2032)
- 8.13.5. Market Revenue, by End User (2019-2032)

Chapter 9. Midwest Market

9.1. Overview
9.2. Economic Indicators
9.3. Demographics and Population Insights
9.4. Regional Hotspots
9.5. Growth Drivers
9.6. Challenges and Barriers
9.7. Competitive Strategies
9.8. Emerging Players
9.9. Import/Export Policies
9.10. Compliance Requirements
9.11. Emerging Investment Areas
9.12. Major Ongoing Projects
9.13. Market Size and Forecast
- 9.13.1. Market Revenue, by Construction Type (2019-2032)
- 9.13.2. Market Revenue, by Type of Construction (2019-2032)
- 9.13.3. Market Revenue, by Technology Used (2019-2032)
- 9.13.4. Market Revenue, by Funding (2019-2032)
- 9.13.5. Market Revenue, by End User (2019-2032)

Chapter 10. West Market

10.1. Overview
10.2. Economic Indicators
10.3. Demographics and Population Insights
10.4. Regional Hotspots
10.5. Growth Drivers
10.6. Challenges and Barriers
10.7. Competitive Strategies
10.8. Emerging Players
10.9. Import/Export Policies
10.10. Compliance Requirements
10.11. Emerging Investment Areas
10.12. Major Ongoing Projects
10.13. Market Size and Forecast
- 10.13.1. Market Revenue, by Construction Type (2019-2032)
- 10.13.2. Market Revenue, by Type of Construction (2019-2032)
- 10.13.3. Market Revenue, by Technology Used (2019-2032)
- 10.13.4. Market Revenue, by Funding (2019-2032)
- 10.13.5. Market Revenue, by End User (2019-2032)

Chapter 11. South Market

11.1. Overview
11.2. Economic Indicators
11.3. Demographics and Population Insights
11.4. Regional Hotspots
11.5. Growth Drivers
11.6. Challenges and Barriers
11.7. Competitive Strategies
11.8. Emerging Players
11.9. Import/Export Policies
11.10. Compliance Requirements
11.11. Emerging Investment Areas
11.12. Major Ongoing Projects
11.13. Market Size and Forecast
- 11.13.1. Market Revenue, by Construction Type (2019-2032)
- 11.13.2. Market Revenue, by Type of Construction (2019-2032)
- 11.13.3. Market Revenue, by Technology Used (2019-2032)
- 11.13.4. Market Revenue, by Funding (2019-2032)
- 11.13.5. Market Revenue, by End User (2019-2032)

Chapter 12. Company Profiles

Chapter 13. Appendix

13.1. Sources and References
13.2. Related Reports

U.S. Bridge & Elevated Highway Construction Market Size & Share Analysis - Emerging Trends, Growth Opportunities, Competitive Landscape, and Forecasts (2025 - 2032)