U.S. Transportation Infrastructure Market Size & Share Analysis - Emerging Trends, Growth Opportunities, Competitive Landscape, and Forecasts (2025

Description

The U.S. transportation infrastructure market was valued at USD 380.4 billion in 2024 and is projected to grow at a compound annual growth rate (CAGR) of 4.9%, reaching USD 550.5 billion by 2032. This growth is primarily driven by the ongoing modernization of outdated infrastructure, rapid urbanization, and the increasing demand for supply chain optimization. A significant portion of the U.S.'s roads, bridges, and transit systems require immediate reconstruction, as reported by the American Society of Civil Engineers (ASCE). Additionally, with the rise in population, the demand for more efficient transportation systems is critical to support both passengers and freight movement.

Federal and state government spending plays a crucial role in the market's growth, with the U.S. Department of Transportation investing significant amounts into infrastructure development, climate-resistant materials, and smart technology solutions. The focus on mitigating climate change and reducing greenhouse gas emissions is accelerating investments in electric vehicle (EV) charging stations, mass transportation systems, and regional railway networks, further driving the expansion of transportation infrastructure in the country.

Key Insights

The U.S. transportation infrastructure market is expected to grow from USD 380.4 billion in 2024 to USD 550.5 billion by 2032, expanding at a CAGR of 4.9%.

Roadways dominate the market, accounting for 55% of the share in 2024, due to the extensive network of highways and bridges crucial for both passenger and freight transportation.

Freight transport is the largest and fastest-growing category, holding a 70% share in 2024, driven by the rise of e-commerce, high volumes of global trade, and the ongoing modernization of supply chains.

Renovation and modernization projects are experiencing the highest growth, with a CAGR of 5.5%, as cities and transportation systems embrace smart technologies, eco-friendly solutions, and climate-resilient infrastructure.

The U.S. government is significantly investing in EV charging infrastructure, mass transit systems, and low-emission vehicle technologies, incentivized by initiatives such as the National Electric Vehicle Infrastructure (NEVI) Formula Program and the Low or No Emission Vehicle Program.

Roads and bridges account for the largest share of infrastructure components at 40% in 2024, with numerous road, highway, and bridge projects underway across the country, backed by federal funding.

The South region holds the largest market share at 35%, driven by rapid urbanization and the growing need for upgraded highways, rail networks, and airports, especially in states like Texas and Florida.

The West is the fastest-growing region, with increasing investments in transportation infrastructure to accommodate growing population centers and evolving logistics demands.

Key players in the market include Bechtel Corporation, Kiewit Corporation, AECOM, and Turner Construction, which dominate large-scale projects, often in collaboration with regional construction firms.

Product Code: 13524

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 Type
- 1.4.2. Market Size Breakdown, by Mode of Operation
- 1.4.3. Market Size Breakdown, by Construction Type
- 1.4.4. Market Size Breakdown, by Component
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 Type (2019-2032)
7.3. Market Revenue, by Mode of Operation (2019-2032)
7.4. Market Revenue, by Construction Type (2019-2032)
7.5. Market Revenue, by Component (2019-2032)
7.6. 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 Type (2019-2032)
- 8.13.2. Market Revenue, by Mode of Operation (2019-2032)
- 8.13.3. Market Revenue, by Construction Type (2019-2032)
- 8.13.4. Market Revenue, by Component (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 Type (2019-2032)
- 9.13.2. Market Revenue, by Mode of Operation (2019-2032)
- 9.13.3. Market Revenue, by Construction Type (2019-2032)
- 9.13.4. Market Revenue, by Component (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 Type (2019-2032)
- 10.13.2. Market Revenue, by Mode of Operation (2019-2032)
- 10.13.3. Market Revenue, by Construction Type (2019-2032)
- 10.13.4. Market Revenue, by Component (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 Type (2019-2032)
- 11.13.2. Market Revenue, by Mode of Operation (2019-2032)
- 11.13.3. Market Revenue, by Construction Type (2019-2032)
- 11.13.4. Market Revenue, by Component (2019-2032)

Chapter 12. Company Profiles

Chapter 13. Appendix

13.1. Sources and References
13.2. Related Reports

U.S. Transportation Infrastructure Market Size & Share Analysis - Emerging Trends, Growth Opportunities, Competitive Landscape, and Forecasts (2025 - 2032)