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Road & Highway Construction in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Road & Highway Construction Market Research Report | NAICS 23731a | Sep 2014

Alternate route: Infrastructure repair and private-sector investment will reroute declining revenue

The Road & Highway Construction market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$69bn
Annual Growth 09-14
-0.8%
Annual Growth 14-19
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Profit
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Employment
210,602
Businesses
12,048
Industry Analysis & Industry Trends

When the recession caused the economy to plummet, intense pressure was put on government budgets, especially at the local and state levels. Consequently, these governments began to reduce their investment in infrastructure projects such as roads and highways, negatively affecting the industry. However, in the five years to 2019, the government's need to repair, replace and expand the nation's deficient infrastructure, coupled with urban sprawl, will generate demand for road and highway projects and subsequently support revenue... purchase to read more

Industry Report - Industry Products Chapter

Highway, road and street construction, reconstruction and expansion

The majority of industry work is related to highway, road and street construction. New construction projects account for an estimated 56.9% of industry revenue and include the construction of highways, roads, public sidewalks, curbs and relevant guardrails and signs. New highway and street construction typically involves seven stages of development: planning, design and project administration; clearing and earthworks; drainage; structures (e.g. bridges and culverts); alterations to public utilities (e.g. gas mains, sewerage and electricity cables); paving and surfacing; and project finishing (e.g... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Road & Highway Construction Industry?

Companies in this industry construct new highways, streets, roads and airport runways (excluding elevated roadways). The industry also includes highway and street construction management operators and special-trade contractors that perform subcontracting work on projects (e.g. grading, laying pavement, installing guardrails and public sidewalks). Establishments may subcontract some or all of the actual construction work.

Industry Products
Highway, road and street constructionAirport runways construction, reconstruction and additionsExisting highway, road and street reconstruction and additionsPrivate driveways and parking construction and additions
 
Industry Activities
Constructing highways, streets and roads Constructing airport runways Constructing private roads, driveways and parking lots Installing highway and street lighting and signage Constructing laneway and sound barriers


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