Market Overview:
The global road repairs and maintenance market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The market growth is attributed to the increasing demand for better infrastructure and rising concerns for safety and security. The market is segmented by type, application, and region. The type segment includes pavement management, maintenance to road fixtures, seasonal maintenance, litter control, and others. Pavement management dominates the global road repairs and maintenance market with a share of more than 50%. Maintenance to road fixtures held the second-largest share in 2017 owing to the increasing installation of LED lights, signage boards, guardrails among others on roads across the globe. Seasonal maintenance is projected to be one of fastest-growing segments during the forecast period due its growing importance in developed countries such as U.S., Canada Europe etc., where winters lead to heavy snowfall that damages roads extensively . Litter control accounted for a small share in 2017; however it is expected grow at a high rate during 2018-2030 owing stringent government regulations regarding cleanliness & hygiene coupled with rising public awareness about its benefits . Others include bridge repair & rehabilitation works etc which are not majorly contributing currently but will have considerable impact over forecast period because many developing economies are investing massively on their transport infrastructure including bridges .
Product Definition:
Road repairs and maintenance are activities that are carried out in order to keep roads in a state of good repair. Road repairs involve fixing potholes, repairing cracks, and resurfacing the road. Maintenance activities include cleaning the road surface, removing debris, and filling potholes. Road repairs and maintenance are important because they help to ensure that roads are safe to use and can handle traffic loads.
Pavement Management:
Pavements are the most prominent part of any road and hence, proper management of pavements is necessary to ensure that they remain in good condition for smooth traffic movement. Various factors such as wear & tear due to heavy vehicles tires, fluctuating weather conditions, and natural calamities affect the performance of pavement. Hence it is important to undertake timely maintenance so that these pavements can serve the purpose for a longer duration with minimal errors.
Maintenance to Road Fixtures:
Maintenance to road fixtures is the process of restoring or replacing damaged or broken down road furniture such as traffic signals, street lights, signs and guardrails. It includes replacement and restoration of these items in working order. Maintenance to Road Fixtures (MTRF) also covers various activities that are carried out on a regular basis to ensure that roads remain safe for use by all users including drivers, pedestrians and cyclists.
Application Insights:
The highway segment dominated the market in 2017 and is expected to continue its dominance over the forecast period. This can be attributed to growing demand for road repairs and maintenance services across various regions, coupled with a rise in passenger vehicles on roads. Furthermore, governments around the world are increasingly focusing on improving their highways infrastructure by undertaking several projects such as construction of new lanes or tunnels. Such initiatives are likely to increase traffic on roads which will result in increased demand for road repairs and maintenance services over the coming years.
Roads and streets form an essential part of any city's transportation system; they connect different parts of a city allowing people & cargo movements within it, thereby playing an important role in urban development. However, many developing cities lack proper facilities for maintaining roads & streets leading to deterioration of this crucial component resulting into sub-optimal performance even after regular maintenance interventions have been taken care off i n advance such as sealing/casing/graveling etc.
Regional Analysis:
Asia Pacific dominated the global road repairs and maintenance market in 2017. The region is expected to witness significant growth over the forecast period owing to increasing government investments in infrastructure development coupled with rising disposable income of consumers and rapid urbanization. In addition, growing trade activities between countries are contributing towards increased demand for transportation network which is further driving the regional market growth.
The European region accounted for a major share of revenue due to high spending on road infrastructure projects such as construction of new roads and highways as well as maintenance programs by governments across various countries including Germany, France, Italy, U.K.
Growth Factors:
- Increasing spending on infrastructure development by the government to improve the condition of roads
- Rising demand for transportation due to increasing population and economic growth
- Growing awareness about the importance of road safety and maintenance among people
- Proliferation of private vehicles in developing countries as a result of rising income levels
- Technological advancements in road repair and maintenance methods
Scope Of The Report
Report Attributes
Report Details
Report Title
Road Repairs and Maintenance Market Research Report
By Type
Pavement Management, Maintenance to Road Fixtures, Seasonal Maintenance, Litter Control, Others
By Application
Highway, Road and Street
By Companies
Caltrans, TxDOT, VDOT, MDOT, NCDOT, NYSDOT, PennDOT, FDOT, GDOT, CDOT, MnDOT, OhDOT, IDOT
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
250
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Road Repairs and Maintenance Market Report Segments:
The global Road Repairs and Maintenance market is segmented on the basis of:
Types
Pavement Management, Maintenance to Road Fixtures, Seasonal Maintenance, Litter Control, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Highway, Road and Street
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Caltrans
- TxDOT
- VDOT
- MDOT
- NCDOT
- NYSDOT
- PennDOT
- FDOT
- GDOT
- CDOT
- MnDOT
- OhDOT
- IDOT
Highlights of The Road Repairs and Maintenance Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Pavement Management
- Maintenance to Road Fixtures
- Seasonal Maintenance
- Litter Control
- Others
- By Application:
- Highway
- Road and Street
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Road Repairs and Maintenance Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Road repairs and maintenance are activities that are necessary to keep the roads in good condition. This includes things like fixing potholes, patching cracks, and cleaning up debris.
Some of the major players in the road repairs and maintenance market are Caltrans, TxDOT, VDOT, MDOT, NCDOT, NYSDOT, PennDOT, FDOT, GDOT, CDOT, MnDOT, OhDOT, IDOT.
The road repairs and maintenance market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Road Repairs and Maintenance Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Road Repairs and Maintenance Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Road Repairs and Maintenance Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Road Repairs and Maintenance Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Road Repairs and Maintenance Market Size & Forecast, 2018-2028
4.5.1 Road Repairs and Maintenance Market Size and Y-o-Y Growth
4.5.2 Road Repairs and Maintenance Market Absolute $ Opportunity
Chapter 5 Global Road Repairs and Maintenance Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Road Repairs and Maintenance Market Size Forecast by Type
5.2.1 Pavement Management
5.2.2 Maintenance to Road Fixtures
5.2.3 Seasonal Maintenance
5.2.4 Litter Control
5.2.5 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Road Repairs and Maintenance Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Road Repairs and Maintenance Market Size Forecast by Applications
6.2.1 Highway
6.2.2 Road and Street
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Road Repairs and Maintenance Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Road Repairs and Maintenance Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Road Repairs and Maintenance Analysis and Forecast
9.1 Introduction
9.2 North America Road Repairs and Maintenance Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Road Repairs and Maintenance Market Size Forecast by Type
9.6.1 Pavement Management
9.6.2 Maintenance to Road Fixtures
9.6.3 Seasonal Maintenance
9.6.4 Litter Control
9.6.5 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Road Repairs and Maintenance Market Size Forecast by Applications
9.10.1 Highway
9.10.2 Road and Street
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Road Repairs and Maintenance Analysis and Forecast
10.1 Introduction
10.2 Europe Road Repairs and Maintenance Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Road Repairs and Maintenance Market Size Forecast by Type
10.6.1 Pavement Management
10.6.2 Maintenance to Road Fixtures
10.6.3 Seasonal Maintenance
10.6.4 Litter Control
10.6.5 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Road Repairs and Maintenance Market Size Forecast by Applications
10.10.1 Highway
10.10.2 Road and Street
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Road Repairs and Maintenance Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Road Repairs and Maintenance Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Road Repairs and Maintenance Market Size Forecast by Type
11.6.1 Pavement Management
11.6.2 Maintenance to Road Fixtures
11.6.3 Seasonal Maintenance
11.6.4 Litter Control
11.6.5 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Road Repairs and Maintenance Market Size Forecast by Applications
11.10.1 Highway
11.10.2 Road and Street
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Road Repairs and Maintenance Analysis and Forecast
12.1 Introduction
12.2 Latin America Road Repairs and Maintenance Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Road Repairs and Maintenance Market Size Forecast by Type
12.6.1 Pavement Management
12.6.2 Maintenance to Road Fixtures
12.6.3 Seasonal Maintenance
12.6.4 Litter Control
12.6.5 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Road Repairs and Maintenance Market Size Forecast by Applications
12.10.1 Highway
12.10.2 Road and Street
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Road Repairs and Maintenance Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Road Repairs and Maintenance Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Road Repairs and Maintenance Market Size Forecast by Type
13.6.1 Pavement Management
13.6.2 Maintenance to Road Fixtures
13.6.3 Seasonal Maintenance
13.6.4 Litter Control
13.6.5 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Road Repairs and Maintenance Market Size Forecast by Applications
13.10.1 Highway
13.10.2 Road and Street
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Road Repairs and Maintenance Market: Competitive Dashboard
14.2 Global Road Repairs and Maintenance Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Caltrans
14.3.2 TxDOT
14.3.3 VDOT
14.3.4 MDOT
14.3.5 NCDOT
14.3.6 NYSDOT
14.3.7 PennDOT
14.3.8 FDOT
14.3.9 GDOT
14.3.10 CDOT
14.3.11 MnDOT
14.3.12 OhDOT
14.3.13 IDOT
