Press release
Roads And Highways Global Market Report 2025: Predicted to Expand to $879.21 billion by 2029 - Key Players, CAGR Figures, and Market Drivers Revealed
Roads And Highways Global Market Report
What Is The Projected Market Size Of The Global Roads And Highways Global Market Report 2025 And Its Growth Rate?
The steadily expanding roads and highways market is showing promising signs.
•The market is predicted to grow from $697.79 billion in 2024 to $727.44 billion in 2025, boasting a compound annual growth rate (CAGR) of 4.2%.
•By 2029, the market will have grown to $879.21 billion, an impressive CAGR of 4.9%.
•Driving the market's historic period growth are factors such as urbanization, population growth, economic developments, emerging tourism trends, and expansions in trade and commerce.
•Looking forward, the adoption of intelligent transportation solutions, sustainable infrastructure, resilience strategies, electric vehicles, and autonomous vehicle integration will likely prop up the market.
What Is Driving The Growth In The Roads And Highways Global Market Report 2025?
The roads and highways market is characterized by steady growth due to an increase in vehicle production. Majority of drivers favor highways and are the preferred roadways for connecting cities, offering ease of travel and fuel efficiency by reducing distance. For instance, the International Council on Clean Transportation reported a substantial increase in electric vehicle (EV) sales from the first quarter of 2021 to the third quarter of 2023. Over this period, EV sales rose from 3% to over 10% of total light-duty vehicle sales. As the production of vehicles continues to rise so does the growth of the roads and highways market.
For a free sample of the data and insights contained in this report, click on the following link:
https://www.thebusinessresearchcompany.com/sample.aspx?id=9776&type=smp
Who Are the Key Players Driving Roads And Highways Global Market Report 2025 Growth?
•China Communications Construction Company Ltd.
•Vinci SA
•Bouygues SA
•ACS Group
•CRH plc
•Larsen & Toubro Ltd.
•STRABAG SE
•Tata Projects
•Bechtel Corporation
•Jacobs Engineering Group Inc.
•Colas SA
•Skanska AB
•Fluor Corporation
•Kiewit Corporation
•AECOM
•Acciona S.A.
•Balfour Beatty plc
•Ferrovial S.A.
•Royal BAM Group
•Porr AG
•Granite Construction Inc.
•Lane Construction Corporation
•Dilip Buildcon Limited
•Walsh Construction LLC
•Heidelberg Cement AG
•IRB Infrastructure Developers Limited
•Eurovia UK Limited
•Hunan Road and Bridge Construction Group Co Ltd.
•Afcons Infrastructure Limited
•Sichuan Railway Investment Group Co Ltd.
What Are The Key Trends In The Roads And Highways Global Market Report 2025?
Key trends in the forecast period include:
•Public-Private Partnerships (PPPs)
•Smart Infrastructure and Technology Integration
•Focus on Sustainable and Eco-friendly Practices
•Adoption of Advanced Materials
•Emphasis on Safety Measures
What Are The Segments Of The Global Roads And Highways Global Market Report 2025?
1) Road Construction and Maintenance
2) Highway Construction and Maintenance
3) By Technology: Intelligent Transport Management System, Intelligent Traffic Management System, Communication System, Monitoring System, Other Technologies
4) By End Use: First-Class Roads, Substandard Roads, Highways, Second-Class Roads, Third-Class Roads
Which Region Leads The Roads And Highways Global Market Report 2025?
In 2024, North America was the largest region in the roads and highways market. However, Asia-Pacific is expected to be the fastest-growing region in the road and highways global market report during the forecast period. Other regions analyzed in the market report include Western Europe, Eastern Europe, South America, Middle East, and Africa.
To ensure swift delivery, pre-book the report using the following link:
https://www.thebusinessresearchcompany.com/report/roads-and-highways-global-market-report
What Is Covered In The Roads And Highways Global Market Report 2025 Global Market Report?
- Market Size Analysis: Analyze the Roads And Highways Global Market Report 2025 size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Roads And Highways Global Market Report 2025 for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Roads And Highways Global Market Report 2025 growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Roads And Highways Global Market Report 2025.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
Click here for customization options:
https://www.thebusinessresearchcompany.com/customise?id=9776&type=smp
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: mailto:info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Learn More About The Business Research Company
The Business Research Company ( https://www.thebusinessresearchcompany.com ) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Roads And Highways Global Market Report 2025: Predicted to Expand to $879.21 billion by 2029 - Key Players, CAGR Figures, and Market Drivers Revealed here
News-ID: 3846842 • Views: …
More Releases from The Business Research Company
Global Cloud Managed Services Industry Outlook 2025-2029: Market Set to Cross $1 …
Use code ONLINE20 to get 20% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
How Large Will the Cloud Managed Services Market Size By 2025?
The market size for cloud managed services has experienced robust growth in the past few years. Its growth projection indicates an increase from $96.12 billion in 2024 to $105.2 billion in 2025, having a compound annual growth rate…
Global Biometric Technologies Market: Major Trends Reshaping the Future of the I …
Use code ONLINE20 to get 20% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Will the Biometric Technologies Industry Market Size Be by 2025?
The rapid expansion of the biometric technologies market has been evident in recent years. The market's size is projected to increase from $58.46 billion in 2024 to $65.51 billion in 2025, representing a compound annual growth rate (CAGR)…
2025-2034 Automotive LiDAR Market Evolution: Disruptions, Innovations, and Untap …
Use code ONLINE20 to get 20% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Automotive LiDAR Market Through 2025?
The size of the automotive lidar market has seen considerable expansion in the past few years. It is set to expand from a valuation of $0.81 billion in 2024 to $1.08 billion in 2025, at a Compound…
Surge In Money Laundering Cases Drives Growth Of Anti-Money Laundering Software …
Use code ONLINE20 to get 20% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Anti-Money Laundering Software Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The market size for anti-money laundering software has seen swift expansion in the past few years. Its growth is expected to rise from $2.85 billion in 2024 to $3.22 billion in 2025, with a…
More Releases for Road
Road Marking Equipment Market Driving Innovation in Road Construction and Mainte …
The worldwide Road Marking Equipment market was valued at US$ 1.21 Bn in 2022 and is expected to grow by a CAGR of 6.0% by 2033 due to increased investments in road infrastructure developments. Road markings are an important aspect of road safety and maintenance because they assist cars and pedestrians travel more safely. As a result, the growing need for road safety and maintenance is likely to boost the…
The Best Road Tripper Cars: Road Performance, Durability, and Comfort
Traveling in a car comes with a freedom that cannot be beat, with a chance to go anywhere at your will. For a weekend trip, a cross-country drive, or even a daily commute, having the proper car can make a significant difference. For long trips, comfort, efficiency, reliability, and enough cargo room make for an ideal car. In this article, we will go over the best cars for long trips…
GWM Off-Road Family: Off-road Tech Dominating the Desert
October 4, 2024 -Great Wall Motor (GWM) once again showcases its prowess in the off-road realm at the Alxa Hero Festival, joining forces with off-road enthusiasts worldwide for an exhilarating celebration of technology and culture.
This year, the highlight of the Dream Desert Park's T3 track is undeniably the GWM Off-Road Team, featuring a total of 108 vehicles across 36 groups, ready to take on the challenge. As a leader in…
Off-Road Adventures : Exploring the Off-Road Vehicle Market 2021-2030
According to a recent report published by Allied Market Research, titled, "Off-Road Vehicle Market Size, Share, Competitive Landscape and Trend Analysis Report by Displacement, Vehicle Type, End Use Vertical : Global Opportunity Analysis and Industry Forecast, 2021-2030." The global off-road vehicle market was valued at $12,365.18 million in 2020, and is projected to reach $22,618.45 million by 2030, registering a CAGR of 7.3%. North America was the highest revenue contributor,…
Vehicle Road Sign Assist Market Trends 2024: Enhancing Road Safety with AI
The Business Research Company has released its latest global market reports, covering insights for 2024 and offering projections up to 2033.
The Business Research Company presents an extensive market research report on the Vehicle Road Sign Assist Global Market Report 2024, furnishing businesses with a competitive edge through a detailed examination of the market structure, encompassing estimates for various segments and sub-segments.
Furthermore, the report highlights on emerging trends, significant drivers, challenges,…
Road Roller Market by Product Type (Static Road Roller, Tire Road Roller, Single …
A road roller, also known as roller-compactor or roller is a compactor type engineering vehicle, which is used to compact soil, gravel, concrete, or asphalt in construction of roads and foundations. In addition, road rollers are also used at landfills and in agriculture. The rolling process ensures that foundations are compacted thoroughly so the materials are compact, and do not come loose. Rollers are equipped with basic features such as…
