SEARCH   
MEMBER LOGIN    

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 | May 2015

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
$104bn
Annual Growth 10-15
-0.8%
Annual Growth 15-20
Add to Cart
Profit
Add to Cart
Employment
215,051
Businesses
13,789
Industry Analysis & Industry Trends

The Road and Highway Construction industry was caught in heavy traffic during the five years to 2015. Low investments from local and state governments have prevented the industry from returning to growth. Nevertheless, federal government stimulus spending and other forms of support bridged some of the funding gap left over by regional deficiencies. In the next five years, inustry revenue is expected to recover, as the need to rebuild, expand and repair existing road infrastructure, coupled with rising congestion caused by urban sprawl, will push authorities to invest in industry projects... purchase to read more

Industry Report - Industry Key Buyers Chapter

The Road and Highway Construction industry has low market concentration, with the top four players accounting for an estimated 6.4% of industry revenue. The industry is characterized by many small-scale geographically dispersed participants. A large portion of participants are actually sole proprietors who take on small jobs like home driveway construction. Small to medium contractors are usually involved in local projects where they have the proper connections and relationships with authorities. The fact that most small construction contracts are issued at the local level further contributes to the industry's geographically disperse composition. In addition, larger players subcontract work out to smaller companies when participating in large-scale projects... 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


View Sample
Quote
Select Clients