Road & Highway Construction in California - Industry Market Research Report

  • ID: 4578343
  • Report
  • Region: California
  • IBISWorld
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Repaving the way: Rising, diversified construction has poised the industry for continued growth

FEATURED COMPANIES

  • AECOM
  • Granite Construction Inc.
  • Kiewit Corporation
  • The Walsh Group
  • MORE

Road & Highway Construction in California

California is famous for its freeways, which are in constant need of pavement, expansion, maintenance and repair. As a result, the Road and Highway Construction industry in California has experienced gains over the past five years and is poised for continued growth during the coming five-year period. Several factors, including rising local and state government expenditure, swelling nonresidential construction and increasing residential construction, have contributed to the industry's recent healthy growth and continued positive outlook. During the recession years, the industry contracted considerably. However, during the current five-year period, it experienced a recovery. As new housing developments emerge and commercial areas expand, people will need to access these high traffic areas via roads and highways. Both nonresidential and residential construction activity are anticipated to post gains over the five years to 2022 as more individuals make their lives in California and businesses lay roots in-state, and the industry is well-positioned to benefit.

Companies in this industry construct new highways, streets, roads and airport runways (excluding elevated roadways). The industry also includes highway and street construction management operators and special-trade contractors that perform subcontracting work on projects (e.g. grading, laying pavement, installing guardrails and public sidewalks). Establishments may subcontract some or all of the actual construction work.

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.

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FEATURED COMPANIES

  • AECOM
  • Granite Construction Inc.
  • Kiewit Corporation
  • The Walsh Group
  • MORE
ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

KEY STATISTICS
Industry Data
Annual Change
Key Ratios

JARGON & GLOSSARY
Note: Product cover images may vary from those shown
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  • The Walsh Group
  • Granite Construction Inc.
  • AECOM
  • Kiewit Corporation
Note: Product cover images may vary from those shown
5 of 4
Note: Product cover images may vary from those shown
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