Report Code: A12787 | Nov 2023 | Pages: NA | ||
Tables: NA | Charts: NA |
|
Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Road Construction Services Market
Request Now !Road construction services refer to the construction and maintenance of effective transportation infrastructure. Road construction services rely on engineering, equipment, raw materials, and machineries for heavy construction to make a sustainable transportation infrastructure. Labor hiring, logistics, and procurement are the demands for construction of transportation infrastructure, which are fulfilled by road construction service providers. Road construction services are concerned with construction of highways, streets, and bridges. The construction can be for renovation, for maintenance or it could be a whole new construction from scratch. Government and public sector companies, both offer the service for road construction. Rise in number of vehicle has increased the road transportation, due to which it requires time to time maintenance and renovation based on requirement. This creates an aftermarket for the service providers of road construction which fuels the growth of the road construction service market at a global level.
COVID-19 Impact analysis
Top Impacting Factors
Rise in number of vehicle is increasing the problem of traffic congestion, which disturbs the traffic management in big cities. To minimize this problem, construction of new roads, bridges and streets has to be done on need basis. This is one of the key factors driving the growth of the road construction services market. In addition, for development of rural areas, government of emerging economies such as India is investing heavily on road connectivity, which improves the communication. This is another factor which is boosting the growth of the road construction service market. Furthermore, privatization is helping in involvement of private companies in road and highway constructions. This factor is expected to create new opportunities for the road construction services market. To minimize the number of accidents, better quality of road and highways are required, which is boosting the demand for maintenance and reconstruction of existing roads. This fosters the growth of aftermarket of road construction services market.
Market Trends
Key Benefits of the Report
Road Construction Services Market Report Highlights
Aspects | Details |
---|---|
By Type |
|
By Construction Type |
|
By Region |
|
Key Market Players | Tata Projects,, Sichuan Railway Investment Group Co. Ltd., Dilip Buildcon Ltd.,, Hunan Road and Bridge Construction Group Co., Ltd.,, AFCONS Infrastructure,, The Lane Construction Corporation,, Granite Construction Inc.,, China Communications Construction Company Limited,, Kiewit Corporation,, Sichuan Railway Investment Group Co. Ltd., |
Start reading.
This Report and over 68,439+ more Reports, Available with Avenue Library. T&C*.
Enterprise
License/PDF
Library
Membership
*Taxes/Fees, if applicable will be added during checkout. All prices in USD
To ensure high-level data integrity, accurate analysis, and impeccable forecasts
For complete satisfaction
On-demand customization of scope of the report to exactly meet your needs
Targeted market view to provide pertinent information and save time of readers
Get insights on topics that are crucial for your business. Stay abreast of your interest areas.
Get Industry Data AlertsTo ensure high-level data integrity, accurate analysis, and impeccable forecasts
For complete satisfaction
On-demand customization of scope of the report to exactly meet your needs
Targeted market view to provide pertinent information and save time of readers