Highway, Street, and Bridge Construction Market Report 2026

The highway, street, and bridge construction market size has grown steadily in recent years. It will grow from $904.47 billion in 2025 to $947.69 billion in 2026 at a compound annual growth rate (CAGR) of 4.8%. The growth in the historic period can be attributed to growth in government infrastructure spending, expansion of national highway networks, rising need for bridge maintenance, reliance on traditional construction methods, increasing demand for urban street development.

The highway, street, and bridge construction market size is expected to see strong growth in the next few years. It will grow to $1.16 trillion in 2030 at a compound annual growth rate (CAGR) of 5.3%. The growth in the forecast period can be attributed to increasing shift toward climate-resilient infrastructure, rising investment in smart mobility corridors, expansion of road and bridge modernization programs, growing adoption of advanced construction technologies, development of sustainable road-building materials. Major trends in the forecast period include growth in large-scale national highway development, increasing emphasis on bridge strengthening and retrofitting, rising demand for street rehabilitation and urban upgrades, expansion of public-private partnership infrastructure projects, higher focus on disaster-resilient road and bridge designs.

The growth of the highway, street, and bridge construction market is being significantly fueled by increased infrastructure investments worldwide. Infrastructure investment refers to funds dedicated to specific securities within sectors that develop a country's infrastructure, encompassing the investments made in the facilities and services used by the general public for living, working, and traveling. This includes the construction and renovation of highways, streets, and bridges, which fall under both public and private infrastructure. For example, in July 2024, the Office for National Statistics, a UK-based government department, reported that total investment in the infrastructure market sector reached approximately $17.5 billion (£13.8 billion) in constant prices in 2023, marking a 3.9% increase from 2022. Additionally, the estimated net stocks of infrastructure in the market sector were around $431.1 billion (£350.2 billion) in constant prices, reflecting a modest rise of 0.3% from the previous year. Thus, the surge in infrastructure investments globally is driving the growth of the highway, street, and bridge construction market.

Major companies in the highway, street, and bridge construction market are developing new products, such as 3D-printed concrete bridges, to gain a competitive edge. A 3D-printed concrete bridge refers to a structure constructed using 3D printing technology and concrete materials. In December 2023, LafargeHolcim Ltd., a Switzerland-based building materials and solutions company, launched Phoenix. This bridge, constructed with 10 tons of recycled materials, demonstrates the company's commitment to low-carbon infrastructure applications and circular building. It serves as an example of integrated circular construction, computational design, and 3D concrete printing, supported only by compression and requiring no reinforcement.

In April 2023, Intrakat S.A., a Greece-based construction and engineering firm, acquired Aktor S.A. for an undisclosed sum. The acquisition is intended to reinforce Intrakat’s position in Greece’s construction and infrastructure market, enhance its project execution capabilities, and broaden its portfolio across large-scale public and private projects. Aktor S.A. is a Greece-based engineering and construction company specializing in infrastructure development, including roads, bridges, energy, and environmental projects.

Major companies operating in the highway, street, and bridge construction market are China State Construction Engineering Corporation Ltd., China Railway Group Ltd., China Communications Construction Company Limited, Vinci SA, Bouygues SA, Laing O'Rourke, ACS Group S.A., Grupo ACS, Samsung C&T Corporation, Hochtief AG, Larsen & Toubro Ltd., Strabag SE, Bachtel Corporation, Jacobs Engineering Group Inc., Skanska AB, Colas Group, Fluor Corporation, Kiewit Corporation, AECOM, Balfour Beatty plc, Ferrovial SA, PCL Construction, Stantec Inc., Tutor Perini Corporation, Granite Construction Inc., Heijmans N.V., Flatiron Construction Corp., Lane Construction Corporation, Continental Engineering Corporation, Eurovia Ltd.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Tariffs on steel, cement, aggregates, construction machinery components, and asphalt materials have increased project costs and extended construction timelines across the highway, street, and bridge construction market. Segments such as new bridge construction, highway expansion, and major street rehabilitation in regions reliant on imported materialsparticularly North America and Europeface supply bottlenecks and budget overruns. Government-funded projects encounter elevated fiscal pressure, while private-funded developments face longer procurement cycles. Nevertheless, tariffs are stimulating domestic material production, encouraging alternative sourcing strategies, and accelerating innovation in cost-efficient construction technologies.

The highway, street, and bridge construction market research report is one of a series of new reports that provides highway, street, and bridge construction market statistics, including highway, street, and bridge construction industry global market size, regional shares, competitors with a highway, street, and bridge construction market share, detailed highway, street, and bridge construction market segments, market trends and opportunities, and any further data you may need to thrive in the highway, street, and bridge construction industry. This highway, street, and bridge construction market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Highway, street, and bridge construction involve infrastructure projects crucial for a country's general economy, encompassing repairs, recovery, maintenance, and construction of infrastructure.

The main types of highway, street, and bridge construction encompass highways, streets, and bridges. A highway is a significant rural thoroughfare, referring to a route in either a rural or urban location where traffic entry and exit points are restricted and controlled. This segment is divided into new construction and reconstruction and repair, with funding originating from either the government or the private sector.Asia-Pacific was the largest region in the highway, street, and bridge construction market in 2025. The regions covered in the highway, street, and bridge construction market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the highway, street, and bridge construction market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The highway, street, and bridge construction market includes revenues earned by entities by constructing expressways, arch bridges, cantilever bridges, and more. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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