Designed to make market research more actionable and strategically valuable, The Business Research Company’s 2026 market reports feature market attractiveness scoring, total addressable market sizing, company benchmarking matrices, interactive Excel dashboards, deeper supply chain intelligence, emerging startup tracking, and granular product-level insights.
How Big Is The Highway, Street, And Bridge Construction Market In 2026, And How Fast Will It Grow?
The highway, street, and bridge construction market size has experienced consistent growth over recent years. Its valuation is anticipated to climb from $904.47 billion in 2025 to $947.69 billion in 2026, demonstrating a compound annual growth rate (CAGR) of 4.8%. This historical expansion can be linked to factors such as increased government expenditure on infrastructure, the broadening of national highway networks, a growing necessity for bridge maintenance, the continued reliance on conventional construction methods, and the rising demand for urban street development.
The highway, street, and bridge construction market is poised for robust expansion in the upcoming years. It is forecast to achieve a valuation of $1164.98 billion by 2030, demonstrating a compound annual growth rate (CAGR) of 5.3%. This projected growth is largely propelled by a shift towards climate-resilient infrastructure, increased investments in smart mobility corridors, the expansion of road and bridge modernization initiatives, broader adoption of advanced construction technologies, and the development of sustainable road-building materials. Significant trends during this period include substantial national highway development, a growing focus on bridge strengthening and retrofitting, increased demand for street rehabilitation and urban improvements, the proliferation of public–private partnership infrastructure projects, and an intensified concentration on designing disaster-resilient roads and bridges.
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Highway, Street, And Bridge Construction Market Growth Driver: The Key Factor Behind Rising Demand
Global increases in infrastructure spending are a major factor propelling the expansion of the highway, street, and bridge construction market. Infrastructure investment refers to funds concentrated on specific securities within the sectors responsible for creating a nation’s foundational structures. This includes making investments in the infrastructure and services that the general population uses to live, work, and travel. Highway, street, and bridge construction and renovation all fall under public or private infrastructure. For instance, in July 2024, according to the Office for National Statistics, a UK-based government department, in 2023, total investment in the infrastructure market sector reached approximately $17.5 billion (£13.8 billion) in constant prices, representing a 3.9% increase compared to 2022. Meanwhile, the estimated net stocks of infrastructure in the market sector amounted to around $431.1 billion (£350.2 billion) in constant prices, reflecting a modest rise of 0.3% from the previous year. Consequently, increased infrastructure investments across the globe are driving the growth of the highway, street, and bridge construction market.
Highway, Street, And Bridge Construction Market Segmentation: Key Segments And Subsegments Covered
The highway, street, and bridge construction market covered in this report is segmented –
1) By Type: Highway, Street, Bridge
2) By Construction Type: New Construction, Reconstruction And Repair
3) By Funding: Government Funding, Private Funding
Subsegments:
1) By Highway Construction: New Highway Construction, Highway Rehabilitation And Maintenance, Highway Expansion
2) By Street Construction: New Street Construction, Street Rehabilitation And Maintenance, Street Widening And Upgrades
3) By Bridge Construction: New Bridge Construction, Bridge Repair And Maintenance, Bridge Replacement And Retrofitting
Highway, Street, And Bridge Construction Market Trends: Key Developments Shaping 2026 And Beyond
Leading companies operating in the highway, street, and bridge construction market are developing novel products, such as 3D-printed concrete bridges, to gain a competitive advantage. A 3D-printed concrete bridge refers to a bridge structure constructed using 3D printing technology and concrete materials. For instance, in December 2023, LafargeHolcim Ltd., a Switzerland-based building materials and solutions company, launched Phoenix. This innovative bridge demonstrates the company’s dedication to low-carbon infrastructure applications and circular building, with 10 tons of recycled materials used in its construction. It also exemplifies the potential of integrated circular construction, computational design, and 3D concrete printing. As a testament to the possibilities of integrated circular construction, computational design, and 3D concrete printing, the bridge represents a notable technological milestone because it is supported solely by compression and requires no reinforcement.
Leading Companies Operating In The Highway, Street, And Bridge Construction Market
Major companies operating in the highway, street, and bridge construction market are China State Construction Engineering Corporation Ltd., China Railway Group Ltd., China Communications Construction Company Limited, Vinci SA, Bouygues SA, Laing O’Rourke, ACS Group S.A., Grupo ACS, Samsung C&T Corporation, Hochtief AG, Larsen & Toubro Ltd., Strabag SE, Bachtel Corporation, Jacobs Engineering Group Inc., Skanska AB, Colas Group, Fluor Corporation, Kiewit Corporation, AECOM, Balfour Beatty plc, Ferrovial SA, PCL Construction, Stantec Inc., Tutor Perini Corporation, Granite Construction Inc., Heijmans N.V., Flatiron Construction Corp., Lane Construction Corporation, Continental Engineering Corporation, Eurovia Ltd.
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Highway, Street, And Bridge Construction Market Regional Analysis: Largest Region And Key Geographies Covered
Asia-Pacific was the largest region in the highway, street, and bridge construction market in 2025. The regions covered in the highway, street, and bridge construction market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Wasay has over a decade of experience in market research, data modelling, and analytics, with prior experience at GlobalData and Decision Tree Consulting Services. At The Business Research Company , he leads research operations across syndicated studies, customized consulting engagements, and the Global Market Model platform. His professional experience includes supporting organizations such as Boston Consulting Group, KPMG, and Ernst & Young. Wasay holds a degree in Electronics and Communications Engineering, postgraduate management qualifications from International Management Institute Belgium and Indian School of Business and Entrepreneurship, and completed the Integrated Program in Business Analytics from Indian Institute of Management Indore.
