The global road repair and maintenance market is expected to reach $178.01 billion in 2024, showing a growth trend in market size in the forecast period, the CAGR from 2024 to 2029 is 2.57%.
1. Global Road Repairs and Maintenance Market Summary
The global road repair and maintenance market is expected to reach $178.01 billion in 2024, showing a growth trend in market size in the forecast period, the CAGR from 2024 to 2029 is 2.57%. This growth has been influenced by several factors, including increasing urbanization, aging infrastructure, and increased government investment in road repair and maintenance.
Global Road Repairs and Maintenance Market Size
2. Market Dynamics
Drivers
With the increase in the service life of the road and the growth of the traffic volume, the road surface will appear with different degrees of wear and disease and need to carry out timely repair and maintenance. As the public’s requirements for road safety and comfort continue to increase, the road maintenance market is also facing higher standards and requirements. Innovative technologies and sustainable practices are transforming the road repair and maintenance industry in a rapidly changing road landscape, the market is dynamically shifting towards efficiency and environmental awareness, environmentally friendly materials are becoming increasingly important, and smart infrastructure solutions are being integrated. The government’s support for the road maintenance industry, including relevant development planning and key policy interpretation, provides a policy environment for the development of the industry. With the acceleration of urbanization, the demand for road infrastructure has increased, driving the development of the road repair and maintenance market. The application of cutting-edge technologies such as big data, the Internet of Things, and artificial intelligence has improved the effectiveness and efficiency of road maintenance operations.
Limitations
Road maintenance is affected by budgetary constraints, all of which must be properly considered in the highway system. Political factors can also influence the road repair and maintenance market, such as policy changes and funding allocation. Environmental factors and other variables will also affect the road repair and maintenance market, such as climate change and natural disasters. The market competition pattern of highway maintenance is complicated and there are many participating enterprises, which may lead to the intensification of market competition and affect the profitability and market share of enterprises. The issue of technological development is also one of the limiting factors for the development of the industry, including the difficulty and cost of technological innovation. Laws and regulations that the industry must comply with may limit the implementation of certain repair and maintenance activities and increase operating costs.
3. Market Segment
By Type
Maintenance Activities: Maintenance activities include routine pavement maintenance, such as crack filling and sealing, as well as broader repair and reconstruction efforts to address significant structural issues and improve road durability. The market revenue of this type is $115.04 billion and accounts for a market share of 64.63% in 2024, ranking the major type.
Pavements: Pavements involve the repair and maintenance of sidewalks to ensure the safety and comfort of pedestrians. The market revenue of this type is $22.33 billion and accounts for a market share of 12.13% in 2024.
Road Markings: Road marking includes the maintenance and updating of road markings, signs, etc., to improve road identification and safety.
Road lighting: Road lighting involves the installation, maintenance, and upgrade of road lighting facilities to ensure night driving safety.
With the increase in the service life of the road and the growth of the traffic volume, the road surface will appear to different degrees of wear and disease, the need for timely repair and maintenance, which leads to the increasing demand for maintenance activities. With the development of technology, the road maintenance industry needs to constantly update and upgrade technology to improve maintenance efficiency and quality. Society has higher and higher requirements for road safety and comfort, which requires highway maintenance enterprises to provide better services to meet the needs of society. With the continuous improvement of urbanization and transportation networks, the road maintenance industry has also received more social support. China’s road traffic network construction is accelerating, and the completed roads also need to be continuously maintained and reformed, which makes China’s road maintenance market demand huge. China’s highway network has been formed, large-scale construction will inevitably bring heavy maintenance tasks, highway maintenance has been from the traditional “rush repair era” to the “comprehensive maintenance era”. In the road repair and maintenance market, preventive maintenance is gradually replacing reactive maintenance, which shows that road authorities do not just react to problems after they occur, but focus on preventing problems at the source, and as a result, the overall cost of road maintenance is falling.
Highway: The application of road repair and maintenance in the field of highway, including pavement repair, sign and marking update, lighting maintenance, etc., to ensure a smooth and safe highway.
Road and Street: Road and street involve the repair and maintenance of urban roads and streets, including pavement repair, drainage system maintenance, traffic signal updates, etc., to maintain the smooth flow of urban traffic and the safety of residents. The market size of this application field is $123.27 billion with a market share of 69.31% in 2024.
With the acceleration of urbanization, the maintenance and maintenance of municipal roads, as the basis of urban transportation capacity, is of great significance in improving the service life of municipal roads and reducing road surface diseases. The huge increase in urban traffic has put great pressure on municipal roads, making road repair and maintenance work more important to ensure municipal road safety and traffic flow. Municipal roads are in disrepair, with cracks, potholes, and other problems, which seriously affect the beauty and safety of roads, so regular maintenance and maintenance are needed. The comprehensive maintenance of pavement through scientific and reasonable technical methods can improve the service life of pavement, improve the performance of pavement, reduce the probability of road delay, and control the maintenance cost of pavement.
Market Revenue and Share in 2024
| Market Revenue in 2024 | Market Share in 2024 | ||
| By Type | Maintenance Activities | $115.04 billion | 64.63% |
| Pavements | $22.33 billion | 12.13% | |
| Road Markings | $10.31 billion | 5.56% | |
| Road Lighting | $0.98 billion | 5.28% | |
| By Application | Highway | $54.62 billion | 30.69% |
| Road and Street | $123.27 billion | 69.31% |
4. Regional Market
In 2024, North America accounts for 32.78% of global road repair and maintenance, Europe accounts for 29.65%, and the Asia-Pacific region accounts for 26.63%.
Increasing urbanization in North America has led to increased demand for public infrastructure, especially roads and highways. The growing urban population puts pressure on roads, leading to increased demand for better traffic management systems. With increasing urbanization and transportation demand, the road repair and maintenance market in North America is committed to advancing infrastructure in an environmentally friendly and technologically advanced manner. Much of North America’s transportation infrastructure is aging and in need of upgrading or repair, and the refurbishment sector is accelerating, leading to an increased demand for road repair and maintenance services. The gradual adoption of cutting-edge technologies such as big data, the Internet of Things, and artificial intelligence in the field of road repair and maintenance in North America has improved the effectiveness and efficiency of road maintenance operations. The US government supports infrastructure construction through policies such as the Infrastructure Investment and Jobs Act, which prioritizes the purchase of US-produced goods such as steel, cement, machinery, and engineering parts. These policies provide policy support and financial input for the road repair and maintenance market. High consumption of consumer goods and strong industrial development in North America, increasing production demand is driving the market growth.
Global Road Repairs and Maintenance Share by Region
5.Market Competition
The global market competition pattern is relatively scattered, in which the market share of the top three enterprises is relatively small, the market concentration is not high, and the market share of the top enterprises is 13%.
Colas Group: Colas Group is a major French civil engineering firm specializing in road construction and rail track construction through its Colas Rail subsidiary. Since the 1990s, the group has incorporated the Screg and Sacer road construction firms. Road construction makes up 80% of the group’s activities. Additional related activities include road signage, construction, various civil engineering activities including pipe-laying, and rail track construction and maintenance.
Eiffage: Eiffage is a contractor and a concessionaire. The Company operates through numerous business lines, including concessions and public-private partnerships, construction, public works, energy, and metal.
Anas: The goal of Anas is to strengthen Italy’s strategic infrastructure, improve access to urban centers, and upgrade and develop multimodal transport connections. Anas has been managing national roads and motorways since our foundation in 1928. Anas’s activities include road design, construction, monitoring, and management, including ordinary and extraordinary maintenance works. Through time Anas has also expanded the range of services Anas offers, providing support to public entities and spurring roadway design, construction, maintenance, and safety all over the world.
Downer Group: Downer designs, builds, and sustains assets, infrastructure, and facilities and Downer is the leading provider of integrated services in Australia and New Zealand.
ACS Group: ACS, Actividades de Construcción y Servicios, S.A. is a Spanish company dedicated to civil and engineering construction, all types of services, and telecommunications. It is one of the leading construction companies in the world, with projects in many countries around the world. The company was founded in 1997 through the merger of OCP Construcciones, S.A. and Ginés Navarro Construcciones, S.A.
Major Players Market Share in 2024
| Major Players | Market Share in 2024 |
| Esri | 9.97% |
| Cartegraph | 1.88% |
| Novo Solutions | 1.15% |
| Causeway | 1.12% |
| Transoft Solutions | 1.04% |
| Roadscanners | 1.02% |
| PubWorks | 0.97% |
| Data Collection Ltd | 0.78% |
| MyMobileWorkers | 0.76% |
| Front | 0.68% |
| Asset Edge | 0.56% |
| Lighting Reality | 0.46% |
| Wisebeam | 0.42% |
| CGS Labs | 0.40% |
| Geomensura | 0.30% |
| GPC Systems | 0.21% |
| Others | 78.30% |