The Business Research Company’s Highways Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Highways Global Market Report 2023 evaluates highways market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global highways market size is expected to grow from $407.97 billion in 2022 to $435.75 billion in 2023 at a compound annual growth rate (CAGR) of 6.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global highways market size is expected to reach $540.62 billion in 2027 at a CAGR of 5.5%.
The highways market segments in the report are:
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
Top Key Players
- Granite Construction Inc.
- Fujian Expressway Development Co. Ltd.
- Hunan Communication & Water Conservancy Group Ltd.
- Sichuan Railway Investment Guangrun Logistics Co. Ltd.
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The table of contents in TBRC’s highways market report includes:
- Executive Summary
- Highways Market Characteristics
- Highways Market Trends And Strategies
- Highways Market – Macro Economic Scenario
- Highways Market Size And Growth
.
- Highways Market Competitive Landscape And Company Profiles
- Key Mergers And Acquisitions In The Highways Market
- Highways Market Future Outlook and Potential Analysis
- Appendix
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