On the road again: A hike in government capital expenditure is elevating revenue in 2023-24
With roads arguably the most critical infrastructure in the UK, it typically falls on the government to distribute the funds necessary to build and maintain roads. A deep public sector wallet for transport infrastructure has supported substantial road and motorway construction demand. However, tighter spending on maintenance and delays to major projects have restricted growth opportunities. Over the five years through 2023-24, the Road and Motorway construction industry is expected to contract at a compound annual rate of 1.8% to £9.9 billion.
Industry contractors build, repair and alter motorways, roads, runways and other vehicular and pedestrian routes on a fee or contract basis. This industry excludes the installation of street lighting and signalling.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Balfour Beatty Group Ltd
Methodology
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