Highways Global Market Report 2025

Highways Global Market Report 2025 – By Type (Road Construction And Maintenance, Highway Construction And Maintenance), By Component (Hardware, Software, Service), By Product Technology (Smart Traffic Management Systems, Smart Transport Management Systems, Monitoring Systems, Communication System) – Market Size, Trends, And Global Forecast 2025-2034

Name: Highways Global Market Report 2025
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Highways Global Market Report 2025

Report Price : $4490.00 | Pages : | Published : January 2025 | Delivery Time: 2-3 business days | Format : pdf

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Highways Market Definition

A highway refers to a main road that connects towns or cities. Because they are wide and have high-speed limits, they decrease travel time.

The main highway types are road construction and maintenance, and highway construction and maintenance. Road construction and maintenance refers to the activities undertaken to build roads, railroads, bridges, culverts, and other works incidental to road construction and maintenance activities that involve grading or excavation. The various components include hardware, software, and service with product technology of smart traffic management systems, smart transport management systems, monitoring systems, and communication system.

Highways Market Segmentation

The highways market covered in this report is segmented –

1) By Type: Road Construction And Maintenance, Highway Construction And Maintenance

2) By Component: Hardware, Software, Service

3) By Product Technology: Smart Traffic Management Systems, Smart Transport Management Systems, Monitoring Systems, Communication System

Subsegments:

1) By Road Construction And Maintenance: New Road Construction, Road Rehabilitation And Resurfacing, Routine Maintenance, Emergency Repairs, Road Expansion Projects

2) By Highway Construction And Maintenance: New Highway Construction, Highway Widening Projects, Bridge Construction And Maintenance, Interchange Development, Highway Rehabilitation And Repair

Highways Global Market Report 2025 Market Size and growth rate 2025 to 2029: Graph

Highways Market Size 2025 And Growth Rate

The highways market size has grown steadily in recent years. It will grow from $426.26 billion in 2024 to $446.62 billion in 2025 at a compound annual growth rate (CAGR) of 4.8%. 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.

Highways Market Growth Forecast

The highways market size is expected to see strong growth in the next few years. It will grow to $549.44 billion in 2029 at a compound annual growth rate (CAGR) of 5.3%. The growth in the forecast period can be attributed to urban mobility solutions, smart city initiatives, resilience planning, public-private partnerships, and sustainable transportation. Major trends in the forecast period include high-speed rail connectivity, intelligent transportation systems (its), innovative toll collection methods, bicycle and pedestrian infrastructure, climate-resilient highway design.

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Highways Market Driver: Surging Vehicle Numbers And Electric Car Sales Propel Growth In The Highway Market

The rise in the number of vehicles is expected to propel the growth of the highway market going forward. A vehicle is a means used to carry or transport a person or something from one place to another. Vehicles require highways in good condition as they connect large metropolises and rural communities across the country, which helps in the quick transportation of people and products. Therefore, the rise in the number of vehicles is driving the growth of the highway market. For instance, in February 2023, according to the International Energy Agency, a France-based autonomous intergovernmental organization that provides analysis and data on the entire global energy sector, the sales of electric cars worldwide increased by around 60% in 2022, surpassing 10 million, up from sales of 6.6 million in 2021. Therefore, the rise in the number of vehicles is driving the highway market.

Highways Market Driver: Increasing Urbanization Is Anticipated To Fuel The Highways Market

The increasing urbanization is expected to propel the growth of the highway market going forward. Urbanization refers to the process by which rural areas become urbanized as a result of economic development and industrialization. The development of highways provides vital transportation that connects urban centers, fosters economic growth, and enhances accessibility. For instance, in April 2023, according to the World Bank Group, a US-based bank, reported that currently, more than half of the global population resides in urban regions. By 2045, this urban population is projected to surge to 6 billion, marking 1.5 times increase. Therefore, the increasing urbanization is driving the highways market.

Global Highways Market Major Players

Major companies operating in the highways market include Granite Construction Inc., Fujian Expressway Development Co. Ltd., Hunan Communication & Water Conservancy Group Ltd., Construction Partners Inc., Tutor Perini Corporation, Stanley Road Construction, Muscat Road Construction & Civil Works LLC, PNC Infratech Limited, New Road Construction Management, Kokosing Construction Company, Sanders Brothers Construction Company Inc., Rogers Group Inc., R.S. Audley Inc., Kiewit Corporation, The Lane Construction Corporation, Skanska USA, Fluor Corporation, AECOM Inc., Jacobs Engineering Group Inc., Clark Construction Group LLC, PCL Construction Enterprises Inc., McCarthy Building Companies Inc., The Whiting-Turner Contracting Company, Swinerton Inc., Mortenson Constructions, DPR Construction, Gilbane Building Company, JE Dunn Construction, Hathaway Dinwiddie Construction Company, Sundt Construction Inc., Ryan Companies US Inc., The Boldt Company, Gray Construction Services Inc.

Global Highways Market Trend: T GIS-Based Highway Monitoring Software Enhances Traffic Management And Reduces Congestion ment

Major companies operating in the highways market are focusing on developing innovative solutions, such as GIS-based highway monitoring software to integrate advanced technologies for real-time traffic management, improved safety, and reduced environmental impact. GIS-based highways monitoring software refers to specialized software that uses Geographic Information Systems (GIS) to collect, analyze, and visualize data related to highway infrastructure and operations. For instance, in September 2024, the National Highways Authority of India (NHAI), an India-based authority, introduced GIS-based software to monitor 100 toll plazas on national highways, aiming to enhance traffic flow and reduce congestion. This innovative system enables real-time tracking of queue lengths, waiting times, and vehicle speeds while also providing congestion alerts and recommendations for lane management. The software offers comprehensive data sharing, including traffic conditions, weather updates, and local events, facilitating proactive traffic management. Initially focused on 100 toll plazas identified through user feedback, the initiative is set to expand further.

Global Highways Market Trend: Revolutionizing System To Meet New Regulation (GSR) Standards

Major companies operating in the highways market are focused on developing revolutionary systems that utilize technology, such as traffic sign relevancy technology to meet new regulation (GSR) standards. Traffic sign relevancy technology refers to a feature that enables the system to identify whether a specific speed sign is relevant to a particular lane or road segment. For instance, in July 2023, Mobileye, an Israel-based system software company launched the world's first vision-only Intelligent Speed Assist (ISA) system, meeting EU standards without relying on third-party maps and GPS. The system, designed for Mobileye's EyeQ platform, detects traffic signs and visual signals using only cameras, providing a cost-effective and reliable solution.

Highways Market Merger And Acquisition: VINCI Construction Acquires Newport Construction to Expand North American Public Works and Road Construction Capabilities

In June 2024, VINCI Construction, a France-based construction engineering company, acquired Newport Construction for an undisclosed amount. Through this acquisition, VINCI aims to expand its public works and road construction capabilities in North America, particularly in the northeastern U.S. and Quebec, enhancing its presence in the growing mobility infrastructure market. Newport Construction is a US-based operator of a heavy highway civil construction company focused on serving federal, state, and local public clients.

Regional Analysis For The Global Highways Market

North America was the largest region in the highways market in 2024. The regions covered in the highways market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

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

What Defines the Highways Market?

The highways market includes revenues earned by entities by constructing and maintaining highways. The market value includes the value of related goods sold by the service provider or included within the service offering. The highways market also includes sales of pothole patchers, hydro excavators, street sweepers, leaf vacuums, and highway monitoring devices and equipment used in providing highway construction services and maintenance. 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.

How is Market Value Defined and Measured?

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.

What is the Market Assessment and Strategic Outlook for the Highways Industry?

The highways market research report is one of a series of new reports from The Business Research Company that provides highways market statistics, including highways industry global market size, regional shares, competitors with a highways market share, detailed highways market segments, market trends, and opportunities, and any further data you may need to thrive in the highways industry. This highways 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.

Highways Market Report Forecast Analysis

Report Attribute	Details
Market Size Value In 2025	$446.62 billion
Revenue Forecast In 2034	$549.44 billion
Growth Rate	CAGR of 5.3% from 2025 to 2034
Base Year For Estimation	2024
Actual Estimates/Historical Data	2019-2024
Forecast Period	2025 - 2029 - 2034
Market Representation	Revenue in USD Billion and CAGR from 2025 to 2034
Segments Covered	1) By Type: Road Construction And Maintenance, Highway Construction And Maintenance 2) By Component: Hardware, Software, Service 3) By Product Technology: Smart Traffic Management Systems, Smart Transport Management Systems, Monitoring Systems, Communication System Subsegments: 1) By Road Construction And Maintenance: New Road Construction, Road Rehabilitation And Resurfacing, Routine Maintenance, Emergency Repairs, Road Expansion Projects 2) By Highway Construction And Maintenance: New Highway Construction, Highway Widening Projects, Bridge Construction And Maintenance, Interchange Development, Highway Rehabilitation And 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 are 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	Granite Construction Inc., Fujian Expressway Development Co. Ltd., Hunan Communication & Water Conservancy Group Ltd., Construction Partners Inc., Tutor Perini Corporation, Stanley Road Construction, Muscat Road Construction & Civil Works LLC, PNC Infratech Limited, New Road Construction Management, Kokosing Construction Company, Sanders Brothers Construction Company Inc., Rogers Group Inc., R.S. Audley Inc., Kiewit Corporation, The Lane Construction Corporation, Skanska USA, Fluor Corporation, AECOM Inc., Jacobs Engineering Group Inc., Clark Construction Group LLC, PCL Construction Enterprises Inc., McCarthy Building Companies Inc., The Whiting-Turner Contracting Company, Swinerton Inc., Mortenson Constructions, DPR Construction, Gilbane Building Company, JE Dunn Construction, Hathaway Dinwiddie Construction Company, Sundt Construction Inc., Ryan Companies US Inc., The Boldt Company, Gray Construction Services Inc.
Customization Scope	Request for Sample
Pricing And Purchase Options	Explore Purchase Options

1. Executive Summary

2. Highways Market Characteristics

3. Highways Market Trends And Strategies

4. Highways Market - Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics And Covid And Recovery On The Market

5. Global Highways Growth Analysis And Strategic Analysis Framework

5.1. Global Highways PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)

5.2. Analysis Of End Use Industries

5.3. Global Highways Market Growth Rate Analysis

5.4. Global Highways Historic Market Size and Growth, 2019 - 2024, Value ($ Billion)

5.5. Global Highways Forecast Market Size and Growth, 2024 - 2029, 2034F, Value ($ Billion)

5.6. Global Highways Total Addressable Market (TAM)

6. Highways Market Segmentation

6.1. Global Highways Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Road Construction And Maintenance

Highway Construction And Maintenance

6.2. Global Highways Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Hardware

Software

Service

6.3. Global Highways Market, Segmentation By Product Technolgy, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Smart Traffic Management Systems

Smart Transport Management Systems

Monitoring Systems

Communication System

6.4. Global Highways Market, Sub-Segmentation Of Road Construction And Maintenance, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

New Road Construction

Road Rehabilitation And Resurfacing

Routine Maintenance

Emergency Repairs

Road Expansion Projects

6.5. Global Highways Market, Sub-Segmentation Of Highway Construction And Maintenance, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

New Highway Construction

Highway Widening Projects

Bridge Construction And Maintenance

Interchange Development

Highway Rehabilitation And Repair

7. Highways Market Regional And Country Analysis

7.1. Global Highways Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

7.2. Global Highways Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8. Asia-Pacific Highways Market

8.1. Asia-Pacific Highways Market Overview

Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

8.2. Asia-Pacific Highways Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8.3. Asia-Pacific Highways Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8.4. Asia-Pacific Highways Market, Segmentation By Product Technolgy, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

9. China Highways Market

9.1. China Highways Market Overview

9.2. China Highways Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

9.3. China Highways Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

9.4. China Highways Market, Segmentation By Product Technolgy, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

10. India Highways Market

10.1. India Highways Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

10.2. India Highways Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

10.3. India Highways Market, Segmentation By Product Technolgy, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11. Japan Highways Market

11.1. Japan Highways Market Overview

11.2. Japan Highways Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11.3. Japan Highways Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11.4. Japan Highways Market, Segmentation By Product Technolgy, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12. Australia Highways Market

12.1. Australia Highways Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12.2. Australia Highways Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12.3. Australia Highways Market, Segmentation By Product Technolgy, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13. Indonesia Highways Market

13.1. Indonesia Highways Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13.2. Indonesia Highways Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13.3. Indonesia Highways Market, Segmentation By Product Technolgy, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14. South Korea Highways Market

14.1. South Korea Highways Market Overview

14.2. South Korea Highways Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14.3. South Korea Highways Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14.4. South Korea Highways Market, Segmentation By Product Technolgy, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15. Western Europe Highways Market

15.1. Western Europe Highways Market Overview

15.2. Western Europe Highways Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15.3. Western Europe Highways Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15.4. Western Europe Highways Market, Segmentation By Product Technolgy, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16. UK Highways Market

16.1. UK Highways Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16.2. UK Highways Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16.3. UK Highways Market, Segmentation By Product Technolgy, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17. Germany Highways Market

17.1. Germany Highways Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17.2. Germany Highways Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17.3. Germany Highways Market, Segmentation By Product Technolgy, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18. France Highways Market

18.1. France Highways Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18.2. France Highways Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18.3. France Highways Market, Segmentation By Product Technolgy, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19. Italy Highways Market

19.1. Italy Highways Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19.2. Italy Highways Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19.3. Italy Highways Market, Segmentation By Product Technolgy, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20. Spain Highways Market

20.1. Spain Highways Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20.2. Spain Highways Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20.3. Spain Highways Market, Segmentation By Product Technolgy, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21. Eastern Europe Highways Market

21.1. Eastern Europe Highways Market Overview

21.2. Eastern Europe Highways Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21.3. Eastern Europe Highways Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21.4. Eastern Europe Highways Market, Segmentation By Product Technolgy, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22. Russia Highways Market

22.1. Russia Highways Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22.2. Russia Highways Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22.3. Russia Highways Market, Segmentation By Product Technolgy, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23. North America Highways Market

23.1. North America Highways Market Overview

23.2. North America Highways Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23.3. North America Highways Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23.4. North America Highways Market, Segmentation By Product Technolgy, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24. USA Highways Market

24.1. USA Highways Market Overview

24.2. USA Highways Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24.3. USA Highways Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24.4. USA Highways Market, Segmentation By Product Technolgy, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25. Canada Highways Market

25.1. Canada Highways Market Overview

25.2. Canada Highways Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25.3. Canada Highways Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25.4. Canada Highways Market, Segmentation By Product Technolgy, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26. South America Highways Market

26.1. South America Highways Market Overview

26.2. South America Highways Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26.3. South America Highways Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26.4. South America Highways Market, Segmentation By Product Technolgy, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27. Brazil Highways Market

27.1. Brazil Highways Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27.2. Brazil Highways Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27.3. Brazil Highways Market, Segmentation By Product Technolgy, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28. Middle East Highways Market

28.1. Middle East Highways Market Overview

28.2. Middle East Highways Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28.3. Middle East Highways Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28.4. Middle East Highways Market, Segmentation By Product Technolgy, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29. Africa Highways Market

29.1. Africa Highways Market Overview

29.2. Africa Highways Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29.3. Africa Highways Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29.4. Africa Highways Market, Segmentation By Product Technolgy, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

30. Highways Market Competitive Landscape And Company Profiles

30.1. Highways Market Competitive Landscape

30.2. Highways Market Company Profiles

30.2.1. Granite Construction Inc. Overview, Products and Services, Strategy and Financial Analysis

30.2.2. Fujian Expressway Development Co. Ltd. Overview, Products and Services, Strategy and Financial Analysis

30.2.3. Hunan Communication & Water Conservancy Group Ltd. Overview, Products and Services, Strategy and Financial Analysis

30.2.4. Construction Partners Inc. Overview, Products and Services, Strategy and Financial Analysis

30.2.5. Tutor Perini Corporation Overview, Products and Services, Strategy and Financial Analysis

31. Highways Market Other Major And Innovative Companies

31.1. Stanley Road Construction

31.2. Muscat Road Construction & Civil Works LLC

31.3. PNC Infratech Limited

31.4. New Road Construction Management

31.5. Kokosing Construction Company

31.6. Sanders Brothers Construction Company Inc.

31.7. Rogers Group Inc.

31.8. R.S. Audley Inc.

31.9. Kiewit Corporation

31.10. The Lane Construction Corporation

31.11. Skanska USA

31.12. Fluor Corporation

31.13. AECOM Inc.

31.14. Jacobs Engineering Group Inc.

31.15. Clark Construction Group LLC

32. Global Highways Market Competitive Benchmarking And Dashboard

33. Key Mergers And Acquisitions In The Highways Market

34. Recent Developments In The Highways Market

35. Highways Market High Potential Countries, Segments and Strategies

35.1 Highways Market In 2029 - Countries Offering Most New Opportunities

35.2 Highways Market In 2029 - Segments Offering Most New Opportunities

35.3 Highways Market In 2029 - Growth Strategies

35.3.1 Market Trend Based Strategies

35.3.2 Competitor Strategies

36. Appendix

36.1. Abbreviations

36.2. Currencies

36.3. Historic And Forecast Inflation Rates

36.4. Research Inquiries

36.5. The Business Research Company

36.6. Copyright And Disclaimer

List Of Tables

Table 1: Global Historic Market Growth, 2019-2024, $ Billion

Table 2: Global Forecast Market Growth, 2024-2029F, 2034F, $ Billion

Table 3: Global Highways Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 4: Global Highways Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 5: Global Highways Market, Segmentation By Product Technolgy, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 6: Global Highways Market, Sub-Segmentation Of Road Construction And Maintenance, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 7: Global Highways Market, Sub-Segmentation Of Highway Construction And Maintenance, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 8: Global Highways Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 9: Global Highways Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 10: Asia-Pacific, Highways Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 11: Asia-Pacific, Highways Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 12: Asia-Pacific, Highways Market, Segmentation By Product Technolgy, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 13: China, Highways Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 14: China, Highways Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 15: China, Highways Market, Segmentation By Product Technolgy, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 16: India, Highways Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 17: India, Highways Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 18: India, Highways Market, Segmentation By Product Technolgy, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 19: Japan, Highways Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 20: Japan, Highways Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 21: Japan, Highways Market, Segmentation By Product Technolgy, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 22: Australia, Highways Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 23: Australia, Highways Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 24: Australia, Highways Market, Segmentation By Product Technolgy, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 25: Indonesia, Highways Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 26: Indonesia, Highways Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 27: Indonesia, Highways Market, Segmentation By Product Technolgy, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 28: South Korea, Highways Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 29: South Korea, Highways Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 30: South Korea, Highways Market, Segmentation By Product Technolgy, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 31: Western Europe, Highways Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 32: Western Europe, Highways Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 33: Western Europe, Highways Market, Segmentation By Product Technolgy, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 34: UK, Highways Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 35: UK, Highways Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 36: UK, Highways Market, Segmentation By Product Technolgy, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 37: Germany, Highways Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 38: Germany, Highways Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 39: Germany, Highways Market, Segmentation By Product Technolgy, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 40: France, Highways Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 41: France, Highways Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 42: France, Highways Market, Segmentation By Product Technolgy, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 43: Italy, Highways Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 44: Italy, Highways Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 45: Italy, Highways Market, Segmentation By Product Technolgy, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 46: Spain, Highways Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 47: Spain, Highways Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 48: Spain, Highways Market, Segmentation By Product Technolgy, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 49: Eastern Europe, Highways Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 50: Eastern Europe, Highways Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 51: Eastern Europe, Highways Market, Segmentation By Product Technolgy, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 52: Russia, Highways Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 53: Russia, Highways Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 54: Russia, Highways Market, Segmentation By Product Technolgy, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 55: North America, Highways Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 56: North America, Highways Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 57: North America, Highways Market, Segmentation By Product Technolgy, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 58: USA, Highways Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 59: USA, Highways Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 60: USA, Highways Market, Segmentation By Product Technolgy, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 61: Canada, Highways Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 62: Canada, Highways Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 63: Canada, Highways Market, Segmentation By Product Technolgy, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 64: South America, Highways Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 65: South America, Highways Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 66: South America, Highways Market, Segmentation By Product Technolgy, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 67: Brazil, Highways Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 68: Brazil, Highways Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 69: Brazil, Highways Market, Segmentation By Product Technolgy, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 70: Middle East, Highways Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 71: Middle East, Highways Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 72: Middle East, Highways Market, Segmentation By Product Technolgy, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 73: Africa, Highways Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 74: Africa, Highways Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 75: Africa, Highways Market, Segmentation By Product Technolgy, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 76: Granite Construction Inc. Financial Performance

Table 77: Fujian Expressway Development Co. Ltd. Financial Performance

Table 78: Hunan Communication & Water Conservancy Group Ltd. Financial Performance

Table 79: Construction Partners Inc. Financial Performance

Table 80: Tutor Perini Corporation Financial Performance

List Of Figures

Figure 1: Global Historic Market Growth, 2019-2024, $ Billion

Figure 2: Global Forecast Market Growth, 2024-2029F, 2034F, $ Billion

Figure 3: Global Highways Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 4: Global Highways Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 5: Global Highways Market, Segmentation By Product Technolgy, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 6: Global Highways Market, Sub-Segmentation Of Road Construction And Maintenance, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 7: Global Highways Market, Sub-Segmentation Of Highway Construction And Maintenance, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 8: Global Highways Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 9: Global Highways Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 10: Asia-Pacific, Highways Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 11: Asia-Pacific, Highways Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 12: Asia-Pacific, Highways Market, Segmentation By Product Technolgy, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 13: China, Highways Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 14: China, Highways Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 15: China, Highways Market, Segmentation By Product Technolgy, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 16: India, Highways Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 17: India, Highways Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 18: India, Highways Market, Segmentation By Product Technolgy, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 19: Japan, Highways Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 20: Japan, Highways Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 21: Japan, Highways Market, Segmentation By Product Technolgy, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 22: Australia, Highways Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 23: Australia, Highways Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 24: Australia, Highways Market, Segmentation By Product Technolgy, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 25: Indonesia, Highways Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 26: Indonesia, Highways Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 27: Indonesia, Highways Market, Segmentation By Product Technolgy, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 28: South Korea, Highways Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 29: South Korea, Highways Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 30: South Korea, Highways Market, Segmentation By Product Technolgy, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 31: Western Europe, Highways Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 32: Western Europe, Highways Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 33: Western Europe, Highways Market, Segmentation By Product Technolgy, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 34: UK, Highways Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 35: UK, Highways Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 36: UK, Highways Market, Segmentation By Product Technolgy, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 37: Germany, Highways Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 38: Germany, Highways Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 39: Germany, Highways Market, Segmentation By Product Technolgy, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 40: France, Highways Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 41: France, Highways Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 42: France, Highways Market, Segmentation By Product Technolgy, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 43: Italy, Highways Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 44: Italy, Highways Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 45: Italy, Highways Market, Segmentation By Product Technolgy, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 46: Spain, Highways Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 47: Spain, Highways Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 48: Spain, Highways Market, Segmentation By Product Technolgy, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 49: Eastern Europe, Highways Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 50: Eastern Europe, Highways Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 51: Eastern Europe, Highways Market, Segmentation By Product Technolgy, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 52: Russia, Highways Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 53: Russia, Highways Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 54: Russia, Highways Market, Segmentation By Product Technolgy, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 55: North America, Highways Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 56: North America, Highways Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 57: North America, Highways Market, Segmentation By Product Technolgy, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 58: USA, Highways Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 59: USA, Highways Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 60: USA, Highways Market, Segmentation By Product Technolgy, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 61: Canada, Highways Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 62: Canada, Highways Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 63: Canada, Highways Market, Segmentation By Product Technolgy, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 64: South America, Highways Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 65: South America, Highways Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 66: South America, Highways Market, Segmentation By Product Technolgy, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 67: Brazil, Highways Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 68: Brazil, Highways Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 69: Brazil, Highways Market, Segmentation By Product Technolgy, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 70: Middle East, Highways Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 71: Middle East, Highways Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 72: Middle East, Highways Market, Segmentation By Product Technolgy, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 73: Africa, Highways Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 74: Africa, Highways Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 75: Africa, Highways Market, Segmentation By Product Technolgy, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 76: Granite Construction Inc. Financial Performance

Figure 77: Fujian Expressway Development Co. Ltd. Financial Performance

Figure 78: Hunan Communication & Water Conservancy Group Ltd. Financial Performance

Figure 79: Construction Partners Inc. Financial Performance

Figure 80: Tutor Perini Corporation Financial Performance

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Frequently Asked Questions

What is the definition of the highways market?

A highway refers to a main road that connects towns or cities. Because they are wide and have high-speed limits, they decrease travel time. For further insights on the highways market, request a sample here

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

The highways market major growth driver - A highway refers to a main road that connects towns or cities. Because they are wide and have high-speed limits, they decrease travel time.. For further insights on the highways market, request a sample here

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

The highways market size has grown steadily in recent years. It will grow from $426.26 billion in 2024 to $446.62 billion in 2025 at a compound annual growth rate (CAGR) of 4.8%. 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 highways market size is expected to see strong growth in the next few years. It will grow to $549.44 billion in 2029 at a compound annual growth rate (CAGR) of 5.3%. The growth in the forecast period can be attributed to urban mobility solutions, smart city initiatives, resilience planning, public-private partnerships, and sustainable transportation. Major trends in the forecast period include high-speed rail connectivity, intelligent transportation systems (its), innovative toll collection methods, bicycle and pedestrian infrastructure, climate-resilient highway design. For further insights on the highways market, request a sample here

How is the highways market segmented?

The highways market is segmented
1) By Type: Road Construction And Maintenance, Highway Construction And Maintenance
2) By Component: Hardware, Software, Service
3) By Product Technology: Smart Traffic Management Systems, Smart Transport Management Systems, Monitoring Systems, Communication System Subsegments:
1) By Road Construction And Maintenance: New Road Construction, Road Rehabilitation And Resurfacing, Routine Maintenance, Emergency Repairs, Road Expansion Projects
2) By Highway Construction And Maintenance: New Highway Construction, Highway Widening Projects, Bridge Construction And Maintenance, Interchange Development, Highway Rehabilitation And Repair For further insights on the highways market, request a sample here

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

North America was the largest region in the highways market in 2024. The regions covered in the highways market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa For further insights on the highways market, request a sample here.

Who are the major players in the highways market?

What are the key trends in the highways market?

Major trend in the highways market - T GIS-Based Highway Monitoring Software Enhances Traffic Management And Reduces Congestion ment. For further insights on the highways market, request a sample here.

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

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

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

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

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

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

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

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