Global Roads Market Report 2024

Roads Global Market Report 2024 – By Component (Hardware, Software, Service), By Type (Highway, Street, Bridge), By Construction Type (New Construction, Reconstruction, Repair) – Market Size, Trends, And Global Forecast 2024-2033

Roads Global Market Report 2024

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Roads Global Market Report 2024

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Roads Market Definition

Roads refer to a long, narrow section of paved or smoothed ground designed for use by motor vehicles. Roads are used to connect various cities, towns, and even villages, and they provide a vital mechanism for getting cars and people from one place to another. It involves the design and construction of roads.

The major types of roads are highway, street, and bridge. A highway is a significant country thoroughfare, and it is used to describe a route, in either a rural or urban setting, where points of entry and exit for vehicles are restricted and controlled. The several components involved are hardware, software, and service. Various types of construction included are new construction, reconstruction, and repair.

Roads Market Segmentation

The roads market covered in this report is segmented –

1) By Component: Hardware, Software, Service

2) By Type: Highway, Street, Bridge

3) By Construction Type: New Construction, Reconstruction, Repair

Global Roads Market Size 2023 to 2028: Graph

Roads Market Size 2024 And Growth Rate

The roads market size has grown steadily in recent years. It will grow from $277.51 billion in 2023 to $287.46 billion in 2024 at a compound annual growth rate (CAGR) of 3.6%. The growth in the historic period can be attributed to population growth and urbanization, economic development, industrialization and trade, government infrastructure investments, changing mobility patterns.

Roads Market Growth Forecast

The roads market size is expected to see steady growth in the next few years. It will grow to $336.02 billion in 2028 at a compound annual growth rate (CAGR) of 4.0%. The growth in the forecast period can be attributed to renewable energy integration, urban mobility solutions, smart city initiatives, resilience planning, sustainable transportation. Major trends in the forecast period include adoption of advanced materials, integration of autonomous vehicles, public-private partnerships, multimodal transportation integration, resilience and climate adaptation.

Roads Market Driver: Driving Infrastructure Growth Surge In Vehicle Numbers Propels Expansion Of The Roads Market

The rising number of vehicles is expected to propel the growth of the roads market going forward. Vehicles are machines that transport people or products, often on land, and are often equipped with wheels and an engine, such as motor vehicles. Vehicles predominantly use roads for transportation, and they frequently rely on roads to convey people and commodities. This will drive demand for road constructions. For instance, in March 2022, according to a report published by the European Automobile Manufacturers Association (ACEA), the main lobbying and standards group for the automobile industry in the European Union, the sales of passenger cars in the USA increased by 5.5% from 2020 to 11.9 million units in 2021. Over 6.3 million passenger cars were produced in the US auto facilities in 2021, an increase of 3.1% from 2020. Chinese automakers produced 20.7 million vehicles in 2021, an increase of 7.1%. In 2021, the total number of cars produced worldwide climbed by 2.7% to 63.2 million. Therefore, the rising number of vehicles is driving the growth of the roads market.

Roads Market Driver: Driving Infrastructure Demand Surge In Transportation Sector Fuels Growth Of The Road Market

The increasing transportation sector is expected to propel the growth of the road market in the coming years. The transportation industry, or network of groups, infrastructure, and operations engaged in the movement of people, products, and services from one area to another, is referred to as the transportation sector. Roads are an essential component of the transport sector, offering the infrastructure required for numerous forms of transportation as well as supporting a wide range of economic and social activities. For instance, in August 2022, according to the United States Bureau of Transportation Statistics, a US-based transportation data gathering, analysis, and distribution organization, the Freight Transportation Services Index (TSI), which measures the number of commodities handled by for-hire transportation companies, rose 1.7% from May to a record high in June. Between June 2021 and June 2022, the index climbed by 4.6%. Therefore, the increasing transportation sector is driving the road market.

Global Roads Market Major Players

Major companies operating in the roads market report are Afcons Infrastructure Limited, Dilip Buildcon Limited, Tata Projects Limited, China Communications Construction Company Ltd., Granite Construction Inc., Hunan Road and Bridge Construction Group Co. Ltd., Kiewit Corporation, Lane Construction Corporation, Sichuan Railway Investment Group Co. Ltd., Larsen & Toubro Limited, IRB Infrastructure Developers Limited, H.G. Infra Engineering Limited, NCC Infrastructure Holdings Limited, Stanley Road Construction, Muscat Road Construction & Civil Works LLC, PNC Infratech Limited, New Road Construction Management Co. Inc., Caterpillar Inc., Komatsu Ltd., Volvo Construction Equipment, Wirtgen GmbH, Dynapac Road Construction Equipment India Pvt. Ltd., The Lane Construction Corporation, IRB Infrastructure Developers Ltd., JMC Projects Ltd., Gayatri Projects Limited, Hindustan Construction Company Limited, Nagarjuna Construction Company Limited, Bhartia Infra Projects Ltd., Sany Heavy Industry Co. Ltd., Palfinger AG, Terex Corporation, Liebherr-International AG, Deere & Company, Zoomlion Heavy Industry Science and Technology Co. Ltd., Fayat Group, Wacker Construction Equipment AG, Ammann Group Holding AG, CNH Industrial, Hitachi Sumitomo Heavy Industries Construction Cranes Co. Ltd. .

Global Roads Market Trend: Elevating Road Construction Integration Of Advanced Technologies With The Launch Of Skye Utm By The Ministry Of Road Transport And Highways

Technological advancement is a key trend gaining popularity in the roads market. Major companies operating in the roads market are focused on using advanced technologies in road construction operations, to strengthen their position in the market. For instance, in February 2023, the Ministry of Road Transport and Highways, an organization under the Central Government of India, launched Skye UTM, an unmanned traffic management system that helps speed up highway construction, monitors deadly traffic accidents, and supervises real-time traffic monitoring. Skye UTM is a cloud-based system for managing air traffic that links manned and unmanned flights together. In order to provide situational awareness, autonomous navigation, risk assessment, and traffic management to all drone and other aerial mobility operators throughout the airspace, Skye UTM is the most sophisticated and indigenous aerial traffic management platform.

Global Roads Market Trend: Federal Highway Administration Forges Strategic Partnership To Address Employment Shortfalls In The Road Construction Industry

Major companies operating in the road market are adopting a strategic partnership approach, aiming to determine, train, and place people in trade jobs to meet employment shortfalls in the highway construction business. Through strategic partnerships, companies leverage the expertise and resources of other companies to optimize their focus on core competencies, reduce costs, and deliver projects more efficiently and effectively. For instance, in February 2022, the Federal Highway Administration (FHWA), a US-based highway transportation section of the United States Department of Transportation, announced a partnership with other important national highway organizations and the Federal Employment and Training Administration, a US-based division of the U.S. Department of Labor, to create the Highway Construction Workforce Partnership (HCWP). The initiatives are handled by collaborative working groups that evaluate workforce requirements and funds.

Roads Market Merger And Acquisition: Bird Construction Enhances Capabilities With Acquisition Of Dagmar Construction Inc.

In September 2021, Bird Construction, a Canada-based institutional building construction company, acquired Dagmar Construction Inc. for $32 million. With this acquisition, Bird Construction aims to give itself more opportunities to develop its contacts and capabilities in the country's biggest market for civil infrastructure, create more specialized projects, and drive higher self-perform margins. Dagmar Construction Inc. is a Canada-based construction company with extensive experience in civil infrastructure, including rail, road, bridge, sewer, and commercial and institutional sites.

Regional Analysis For The Global Roads Market

Asia-Pacific was the largest region in the roads market in 2023. The regions covered in the roads market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The countries covered in the roads market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The roads market consists of revenues earned by entities by constructing earthen roads, murrum roads, bituminous roads, concrete roads, highway roads, and gravel roads. The market includes new work, additions, alterations, maintenance, and repairs. The market value includes the value of related goods sold by the service provider or included within the service offering. The roads market also includes sales of motor grader, asphalt plant, asphalt paver, and road roller machine which are used in constructing roads. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The roads market research report is one of a series of new reports from The Business Research Company that provides roads market statistics, including roads industry global market size, regional shares, competitors with a roads market share, detailed roads market segments, market trends and opportunities, and any further data you may need to thrive in the roads industry. This roads market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Roads Market Report Forecast And Analysis
Report AttributeDetails
Market Size Value In 2024 $287.46 billion
Revenue Forecast In 2033 $336.02 billion
Growth Rate CAGR of 4% from 2024 to 2033
Base Year For Estimation 2023
Actual Estimates/Historical Data 2018-2023
Forecast Period 2024 - 2028 - 2033
Market Representation Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered 1) By Component: Hardware, Software, Service
2) By Type: Highway, Street, Bridge
3) By Construction Type: New Construction, Reconstruction, Repair
Regional Scope Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Country Scope The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Additional countries that can be covered in the report for an additional fee: Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled Afcons Infrastructure Limited; Dilip Buildcon Limited; Tata Projects Limited; China Communications Construction Company Ltd.; Granite Construction Inc.; Hunan Road and Bridge Construction Group Co. Ltd.; Kiewit Corporation; Lane Construction Corporation; Sichuan Railway Investment Group Co. Ltd.; Larsen & Toubro Limited; IRB Infrastructure Developers Limited; H.G. Infra Engineering Limited; NCC Infrastructure Holdings Limited; Stanley Road Construction; Muscat Road Construction & Civil Works LLC; PNC Infratech Limited; New Road Construction Management Co. Inc.; Caterpillar Inc.; Komatsu Ltd.; Volvo Construction Equipment; Wirtgen GmbH; Dynapac Road Construction Equipment India Pvt. Ltd.; The Lane Construction Corporation; IRB Infrastructure Developers Ltd.; JMC Projects Ltd.; Gayatri Projects Limited; Hindustan Construction Company Limited; Nagarjuna Construction Company Limited; Bhartia Infra Projects Ltd.; Sany Heavy Industry Co. Ltd.; Palfinger AG; Terex Corporation; Liebherr-International AG; Deere & Company; Zoomlion Heavy Industry Science and Technology Co. Ltd.; Fayat Group; Wacker Construction Equipment AG; Ammann Group Holding AG; CNH Industrial; Hitachi Sumitomo Heavy Industries Construction Cranes Co. Ltd.
Customization ScopeRequest for Sample
Pricing And Purchase OptionsExplore Purchase Options

    Table Of Contents

    1. Executive Summary

    2. Roads Market Characteristics

    3. Roads Market Trends And Strategies

    4. Roads Market - Macro Economic Scenario

    4.1. Impact Of High Inflation On the Market

    4.2. Ukraine-Russia War Impact On the Market

    4.3. COVID-19 Impact On the Market

    5. Global Roads Market Size and Growth

    5.1. Global Roads Market Drivers and Restraints

    5.1.1. Drivers Of The Market

    5.1.2. Restraints Of The Market

    5.2. Global Roads Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

    5.3. Global Roads Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

    6. Roads Market Segmentation

    6.1. Global Roads Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Hardware

    Software

    Service

    6.2. Global Roads Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Highway

    Street

    Bridge

    6.3. Global Roads Market, Segmentation By Construction Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    New Construction

    Reconstruction

    Repair

    7. Roads Market Regional And Country Analysis

    7.1. Global Roads Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    7.2. Global Roads Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8. Asia-Pacific Roads Market  

    8.1. Asia-Pacific Roads Market Overview  

    Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

    8.2. Asia-Pacific Roads Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.3. Asia-Pacific Roads Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.4. Asia-Pacific Roads Market, Segmentation By Construction Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    9. China Roads Market  

    9.1. China Roads Market Overview  

    9.2. China Roads Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.3. China Roads Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.4. China Roads Market, Segmentation By Construction Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    10. India Roads Market  

    10.1. India Roads Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.2. India Roads Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.3. India Roads Market, Segmentation By Construction Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11. Japan Roads Market  

    11.1. Japan Roads Market Overview  

    11.2. Japan Roads Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.3. Japan Roads Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.4. Japan Roads Market, Segmentation By Construction Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12. Australia Roads Market  

    12.1. Australia Roads Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.2. Australia Roads Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.3. Australia Roads Market, Segmentation By Construction Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13. Indonesia Roads Market  

    13.1. Indonesia Roads Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.2. Indonesia Roads Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.3. Indonesia Roads Market, Segmentation By Construction Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14. South Korea Roads Market  

    14.1. South Korea Roads Market Overview  

    14.2. South Korea Roads Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.3. South Korea Roads Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.4. South Korea Roads Market, Segmentation By Construction Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15. Western Europe Roads Market  

    15.1. Western Europe Roads Market Overview

    15.2. Western Europe Roads Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.3. Western Europe Roads Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.4. Western Europe Roads Market, Segmentation By Construction Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16. UK Roads Market  

    16.1. UK Roads Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.2. UK Roads Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.3. UK Roads Market, Segmentation By Construction Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17. Germany Roads Market  

    17.1. Germany Roads Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.2. Germany Roads Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.3. Germany Roads Market, Segmentation By Construction Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18. France Roads Market  

    18.5. France Roads Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.6. France Roads Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.7. France Roads Market, Segmentation By Construction Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19. Italy Roads Market  

    19.9. Italy Roads Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.10. Italy Roads Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.11. Italy Roads Market, Segmentation By Construction Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20. Spain Roads Market  

    20.13. Spain Roads Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.14. Spain Roads Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.15. Spain Roads Market, Segmentation By Construction Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21. Eastern Europe Roads Market  

    21.1. Eastern Europe Roads Market Overview

    21.2. Eastern Europe Roads Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.3. Eastern Europe Roads Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.4. Eastern Europe Roads Market, Segmentation By Construction Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22. Russia Roads Market  

    22.1. Russia Roads Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.2. Russia Roads Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.3. Russia Roads Market, Segmentation By Construction Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23. North America Roads Market  

    23.1. North America Roads Market Overview

    23.2. North America Roads Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.3. North America Roads Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.4. North America Roads Market, Segmentation By Construction Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24. USA Roads Market  

    24.1. USA Roads Market Overview

    24.2. USA Roads Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.3. USA Roads Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.4. USA Roads Market, Segmentation By Construction Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25. Canada Roads Market  

    25.1. Canada Roads Market Overview

    25.2. Canada Roads Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.3. Canada Roads Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.4. Canada Roads Market, Segmentation By Construction Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26. South America Roads Market  

    26.1. South America Roads Market Overview

    26.2. South America Roads Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.3. South America Roads Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.4. South America Roads Market, Segmentation By Construction Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27. Brazil Roads Market  

    27.1. Brazil Roads Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.2. Brazil Roads Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.3. Brazil Roads Market, Segmentation By Construction Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28. Middle East Roads Market  

    28.1. Middle East Roads Market Overview

    28.2. Middle East Roads Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.3. Middle East Roads Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.4. Middle East Roads Market, Segmentation By Construction Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29. Africa Roads Market  

    29.1. Africa Roads Market Overview

    29.2. Africa Roads Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.3. Africa Roads Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.4. Africa Roads Market, Segmentation By Construction Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    30. Roads Market Competitive Landscape And Company Profiles

    30.1. Roads Market Competitive Landscape

    30.2. Roads Market Company Profiles

    30.2.1. Afcons Infrastructure Limited

    30.2.1.1. Overview

    30.2.1.2. Products and Services

    30.2.1.3. Strategy

    30.2.1.4. Financial Performance

    30.2.2. Dilip Buildcon Limited

    30.2.2.1. Overview

    30.2.2.2. Products and Services

    30.2.2.3. Strategy

    30.2.2.4. Financial Performance

    30.2.3. Tata Projects Limited

    30.2.3.1. Overview

    30.2.3.2. Products and Services

    30.2.3.3. Strategy

    30.2.3.4. Financial Performance

    30.2.4. China Communications Construction Company Ltd.

    30.2.4.1. Overview

    30.2.4.2. Products and Services

    30.2.4.3. Strategy

    30.2.4.4. Financial Performance

    30.2.5. Granite Construction Inc.

    30.2.5.1. Overview

    30.2.5.2. Products and Services

    30.2.5.3. Strategy

    30.2.5.4. Financial Performance

    31. Global Roads Market Competitive Benchmarking

    32. Global Roads Market Competitive Dashboard

    33. Key Mergers And Acquisitions In The Roads Market

    34. Roads Market Future Outlook and Potential Analysis

    34.1 Roads Market In 2028 - Countries Offering Most New Opportunities

    34.2 Roads Market In 2028 - Segments Offering Most New Opportunities

    34.3 Roads Market In 2028 - Growth Strategies

    34.3.1 Market Trend Based Strategies

    34.3.2 Competitor Strategies

    35. Appendix

    35.1. Abbreviations

    35.2. Currencies

    35.3. Historic And Forecast Inflation Rates

    35.4. Research Inquiries

    35.5. The Business Research Company

    35.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 3: Global Roads Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 4: Global Roads Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 5: Global Roads Market, Segmentation By Construction Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 6: Global Roads Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 7: Global Roads Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 8: Asia-Pacific, Roads Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 9: Asia-Pacific, Roads Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 10: Asia-Pacific, Roads Market, Segmentation By Construction Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 11: China, Roads Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 12: China, Roads Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 13: China, Roads Market, Segmentation By Construction Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 14: India, Roads Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 15: India, Roads Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 16: India, Roads Market, Segmentation By Construction Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 17: Japan, Roads Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 18: Japan, Roads Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 19: Japan, Roads Market, Segmentation By Construction Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 20: Australia, Roads Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 21: Australia, Roads Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 22: Australia, Roads Market, Segmentation By Construction Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 23: Indonesia, Roads Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 24: Indonesia, Roads Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 25: Indonesia, Roads Market, Segmentation By Construction Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 26: South Korea, Roads Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 27: South Korea, Roads Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 28: South Korea, Roads Market, Segmentation By Construction Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 29: Western Europe, Roads Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 30: Western Europe, Roads Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 31: Western Europe, Roads Market, Segmentation By Construction Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 32: UK, Roads Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 33: UK, Roads Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 34: UK, Roads Market, Segmentation By Construction Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 35: Germany, Roads Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 36: Germany, Roads Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 37: Germany, Roads Market, Segmentation By Construction Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 38: France, Roads Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 39: France, Roads Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 40: France, Roads Market, Segmentation By Construction Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 41: Italy, Roads Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 42: Italy, Roads Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 43: Italy, Roads Market, Segmentation By Construction Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 44: Spain, Roads Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 45: Spain, Roads Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 46: Spain, Roads Market, Segmentation By Construction Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 47: Eastern Europe, Roads Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 48: Eastern Europe, Roads Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 49: Eastern Europe, Roads Market, Segmentation By Construction Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 50: Russia, Roads Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 51: Russia, Roads Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 52: Russia, Roads Market, Segmentation By Construction Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 53: North America, Roads Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 54: North America, Roads Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 55: North America, Roads Market, Segmentation By Construction Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 56: USA, Roads Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 57: USA, Roads Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 58: USA, Roads Market, Segmentation By Construction Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 59: Canada, Roads Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 60: Canada, Roads Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 61: Canada, Roads Market, Segmentation By Construction Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 62: South America, Roads Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 63: South America, Roads Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 64: South America, Roads Market, Segmentation By Construction Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 65: Brazil, Roads Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 66: Brazil, Roads Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 67: Brazil, Roads Market, Segmentation By Construction Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 68: Middle East, Roads Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 69: Middle East, Roads Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 70: Middle East, Roads Market, Segmentation By Construction Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 71: Africa, Roads Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 72: Africa, Roads Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 73: Africa, Roads Market, Segmentation By Construction Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 74: Afcons Infrastructure Limited Financial Performance
  • Table 75: Dilip Buildcon Limited Financial Performance
  • Table 76: Tata Projects Limited Financial Performance
  • Table 77: China Communications Construction Company Ltd. Financial Performance
  • Table 78: Granite Construction Inc. Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 3: Global Roads Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 4: Global Roads Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 5: Global Roads Market, Segmentation By Construction Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 6: Global Roads Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 7: Global Roads Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 8: Asia-Pacific, Roads Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 9: Asia-Pacific, Roads Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 10: Asia-Pacific, Roads Market, Segmentation By Construction Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 11: China, Roads Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 12: China, Roads Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 13: China, Roads Market, Segmentation By Construction Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 14: India, Roads Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 15: India, Roads Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 16: India, Roads Market, Segmentation By Construction Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 17: Japan, Roads Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 18: Japan, Roads Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 19: Japan, Roads Market, Segmentation By Construction Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 20: Australia, Roads Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 21: Australia, Roads Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 22: Australia, Roads Market, Segmentation By Construction Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 23: Indonesia, Roads Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 24: Indonesia, Roads Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 25: Indonesia, Roads Market, Segmentation By Construction Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 26: South Korea, Roads Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 27: South Korea, Roads Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 28: South Korea, Roads Market, Segmentation By Construction Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 29: Western Europe, Roads Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 30: Western Europe, Roads Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 31: Western Europe, Roads Market, Segmentation By Construction Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 32: UK, Roads Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 33: UK, Roads Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 34: UK, Roads Market, Segmentation By Construction Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 35: Germany, Roads Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 36: Germany, Roads Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 37: Germany, Roads Market, Segmentation By Construction Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 38: France, Roads Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 39: France, Roads Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 40: France, Roads Market, Segmentation By Construction Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 41: Italy, Roads Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 42: Italy, Roads Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 43: Italy, Roads Market, Segmentation By Construction Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 44: Spain, Roads Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 45: Spain, Roads Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 46: Spain, Roads Market, Segmentation By Construction Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 47: Eastern Europe, Roads Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 48: Eastern Europe, Roads Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 49: Eastern Europe, Roads Market, Segmentation By Construction Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 50: Russia, Roads Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 51: Russia, Roads Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 52: Russia, Roads Market, Segmentation By Construction Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 53: North America, Roads Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 54: North America, Roads Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 55: North America, Roads Market, Segmentation By Construction Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 56: USA, Roads Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 57: USA, Roads Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 58: USA, Roads Market, Segmentation By Construction Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 59: Canada, Roads Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 60: Canada, Roads Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 61: Canada, Roads Market, Segmentation By Construction Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 62: South America, Roads Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 63: South America, Roads Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 64: South America, Roads Market, Segmentation By Construction Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 65: Brazil, Roads Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 66: Brazil, Roads Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 67: Brazil, Roads Market, Segmentation By Construction Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 68: Middle East, Roads Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 69: Middle East, Roads Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 70: Middle East, Roads Market, Segmentation By Construction Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 71: Africa, Roads Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 72: Africa, Roads Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 73: Africa, Roads Market, Segmentation By Construction Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 74: Afcons Infrastructure Limited Financial Performance
  • Figure 75: Dilip Buildcon Limited Financial Performance
  • Figure 76: Tata Projects Limited Financial Performance
  • Figure 77: China Communications Construction Company Ltd. Financial Performance
  • Figure 78: Granite Construction Inc. Financial Performance
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Frequently Asked Questions

What is the definition of the roads market?

Roads refer to a long, narrow section of paved or smoothed ground designed for use by motor vehicles. Roads are used to connect various cities, towns, and even villages, and they provide a vital mechanism for getting cars and people from one place to another. It involves the design and construction of roads. For further insights on the roads market, request a sample here

How will the roads market drivers and restraints affect the roads market dynamics? What forces will shape the roads industry going forward?

The roads market major growth driver - driving infrastructure growth surge in vehicle numbers propels expansion of the roads market. For further insights on the roads market, request a sample here

What is the forecast market size or the forecast market value of the roads market ?

The roads market size has grown steadily in recent years. It will grow from $277.51 billion in 2023 to $287.46 billion in 2024 at a compound annual growth rate (CAGR) of 3.6%. The growth in the historic period can be attributed to population growth and urbanization, economic development, industrialization and trade, government infrastructure investments, changing mobility patterns.. The roads market size is expected to see steady growth in the next few years. It will grow to $336.02 billion in 2028 at a compound annual growth rate (CAGR) of 4.0%. The growth in the forecast period can be attributed to renewable energy integration, urban mobility solutions, smart city initiatives, resilience planning, sustainable transportation. Major trends in the forecast period include adoption of advanced materials, integration of autonomous vehicles, public-private partnerships, multimodal transportation integration, resilience and climate adaptation.. For further insights on the roads market, request a sample here

How is the roads market segmented?

The roads market is segmented
1) By Component: Hardware, Software, Service
2) By Type: Highway, Street, Bridge
3) By Construction Type: New Construction, Reconstruction, RepairFor further insights on the roads market,
request a sample here

Which region has the largest share of the roads market? What are the other regions covered in the report?

Asia-Pacific was the largest region in the roads market in 2023. The regions covered in the roads market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa For further insights on the roads market, request a sample here.

Who are the major players in the roads market?

Major companies operating in the roads market report are Afcons Infrastructure Limited, Dilip Buildcon Limited, Tata Projects Limited, China Communications Construction Company Ltd., Granite Construction Inc., Hunan Road and Bridge Construction Group Co. Ltd., Kiewit Corporation, Lane Construction Corporation, Sichuan Railway Investment Group Co. Ltd., Larsen & Toubro Limited, IRB Infrastructure Developers Limited, H.G. Infra Engineering Limited, NCC Infrastructure Holdings Limited, Stanley Road Construction, Muscat Road Construction & Civil Works LLC, PNC Infratech Limited, New Road Construction Management Co. Inc., Caterpillar Inc., Komatsu Ltd., Volvo Construction Equipment, Wirtgen GmbH, Dynapac Road Construction Equipment India Pvt. Ltd., The Lane Construction Corporation, IRB Infrastructure Developers Ltd., JMC Projects Ltd., Gayatri Projects Limited, Hindustan Construction Company Limited, Nagarjuna Construction Company Limited, Bhartia Infra Projects Ltd., Sany Heavy Industry Co. Ltd., Palfinger AG, Terex Corporation, Liebherr-International AG, Deere & Company, Zoomlion Heavy Industry Science and Technology Co. Ltd., Fayat Group, Wacker Construction Equipment AG, Ammann Group Holding AG, CNH Industrial, Hitachi Sumitomo Heavy Industries Construction Cranes Co. Ltd. . For further insights on the roads market, request a sample here.

What are the key trends in the roads market?

Major trend in the roads market - elevating road construction integration of advanced technologies with the launch of skye utm by the ministry of road transport and highways. For further insights on the roads market, request a sample here.

What are the major opportunities in the roads market? What are the strategies for the roads market?

For detailed insights on the major opportunities and strategies in the roads market, request a sample here.

How does the roads market relate to the overall economy and other similar markets?

For detailed insights on roads market's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the roads industry?

For detailed insights on the mergers and acquisitions in the roads industry, request a sample here.

What are the key dynamics influencing the roads market growth? SWOT analysis of the roads market.

For detailed insights on the key dynamics influencing the roads market growth and SWOT analysis of the roads industry, request a sample here.