Road & Highway Construction in Mexico - Industry Market Research Report

Bumpy road: The decreasing value of transportation construction in Mexico will lead revenue to decline

Road & Highway Construction in Mexico
Operators in the Road and Highway Construction industry in Mexico primarily engage in providing the supervision or construction of roads, transportation routes, bridges and steel and concrete signs and protections. Overall, the industry has experienced several constraints that resulted in declining revenue over the five years to 2019. Although the number of vehicle registrations in Mexico is increasing, which would suggest greater demand for new or repaired roads, stagnant levels of funding for transportation construction have constrained the value of new projects and limited opportunities for growth. In addition, the industry has experienced a broad trend of consolidation over the past five years, with the number of operators expected to decline. Overall, industry revenue is anticipated to decrease during the current period. Over the five years to 2024, industry revenue is forecast to continue to decline as the availability of public funding for roads and highways remains stagnant and value of transportation construction in Mexico further decreases.Establishments in this industry mainly provide supervision or construction of roads, transportation routes, bridges and steel and concrete signs and protections. These may be new jobs, extensions, maintenance or repairs. The industry excludes establishments dedicated to division of land; construction or supervision of urbanization works, railway routes, concrete products or fixed signs for traffic; and provision of engineering or architectural services that do not involve construction. 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.