North America Roads and Highways Infrastructure Construction - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts (2026-2031)

The north america roads and highways infrastructure construction market size is expected to grow from USD 512.46 billion in 2025 to USD 545.71 billion in 2026 and is forecast to reach USD 721.5 billion by 2031 at 5.74% CAGR over 2026-2031. This report is Segmented by Component (Road, Bridges/Overpass, Tunnels, and Others), Construction Type (New Construction and Renovation), Investment Source (Public, Private, and Public-Private Partnership), Type (National, State, and Local), and Geography (United States, Canada, Mexico). The Market Forecasts are Provided in Terms of Value (USD).

North America Roads and Highways Infrastructure Construction Market Trends and Insights

Federal Funding for Road and Bridge Construction

The North America roads and highways infrastructure construction market continues to benefit from the Infrastructure Investment and Jobs Act, which committed USD 350 billion to federal highway programs for fiscal years 2022 through 2026. Fiscal year 2026 apportionments reached USD 56.8 billion, the highest annual authorization in the program’s history. States had committed USD 270 billion to more than 119,000 highway and bridge projects through March 2026. The law also supported 19,000 bridge upgrades during its first 4 fiscal years, exceeding the total delivered during the prior 5-year period. Competitive programs, including the Bridge Investment Program, National Highway Freight Program, and PROTECT funding, direct capital toward strategic assets alongside formula funding. The September 2026 expiry creates a transition point because a projected USD 166 billion shortfall after expiry could limit the state programs with the largest maintenance backlogs.

Aging Assets Drive Rehabilitation and Replacement

The North America roads and highways infrastructure construction market has a large rehabilitation pipeline because the United States had 220,295 bridge spans requiring repair in 2025. This total included 74,472 spans requiring full replacement, and the American Road & Transportation Builders Association (ARTBA) estimated the total repair cost at USD 467 billion. The American Society of Civil Engineers estimated USD 191 billion in bridge rehabilitation needs, even after allowing for USD 40 billion in dedicated IIJA bridge funding. Rural areas accounted for 80% of the 42,000 bridges that remained in poor condition in June 2025. These structures often support agricultural and energy freight routes with limited alternate access. Highway investment continues to prioritize system preservation, requiring agencies to balance maintaining existing infrastructure with expanding transportation capacity.

Skilled Labor Shortages Constrain Heavy Civil Construction Projects

The North America roads and highways infrastructure construction market faces staffing constraints as construction employers require 499,000 additional workers in 2026 to meet demand. In a 2025 contractor survey, 92% of respondents reported difficulty filling positions, and 45% identified labor shortages as a direct cause of delays. Heavy civil construction faces a particular challenge in securing experienced field managers. The 2026 civil infrastructure construction index reported that 59% of respondents had difficulty attracting field leadership. The workforce is also aging, with 20% expected to retire during the next 10 years. Hiring plans remain active, but immigration enforcement concerns could further limit the labor pool available for highway work

Other drivers and restraints analyzed in the detailed report include:

• Freight Corridor Expansion
• Accelerated Bridge Construction Methods
• Volatile Asphalt, Steel, Cement, and Aggregate Costs

Segment Analysis

Roads retained a 67.80% share in 2025 and remained the largest component of the North America roads and highways infrastructure construction market. Their position reflects ongoing spending on resurfacing, lane additions, widening, and capacity improvement across interstate and arterial networks. Federal formula programs direct a large share of highway funding toward pavement-related work. The National Highway Performance Program and Surface Transportation Block Grant support this recurring project base. Tunnels and other assets, including rest areas, retaining walls, and drainage systems, made up the remaining spending. Tunnel projects are fewer in number but can carry high values, including the Eisenhower Tunnel rehabilitation in Colorado and proposed I-405 tunneled alternatives in Los Angeles.

Bridges/overpass are forecast to grow at a 6.40% CAGR through 2031, ahead of the wider North America roads and highways infrastructure construction market. Fiscal year 2026 Bridge Formula Program funding reached USD 5.5 billion for bridge replacement, rehabilitation, preservation, and construction. The large repair backlog also maintains demand for bridge contractors and specialist suppliers. The Brent Spence Bridge Corridor shows how multi-year bridge programs can anchor demand for steel, ultra-high-performance concrete, and specialized transport equipment. Its design-build team includes the Walsh Kokosing joint venture, with AECOM and Jacobs providing design services. State departments of transportation are also using geosynthetic reinforced soil abutments and ultra-high-performance concrete deck panels to reduce closures on high-traffic freight routes.

New construction accounted for 61.5% of the North America roads and highways infrastructure construction market in 2025. The category is supported by capacity programs in the Sun Belt and southern border states where population growth and freight movements exceed existing lane capacity. Texas, Florida, and Arizona have a substantial share of new lane and interchange work. Texas Department of Transportation maintains one of the largest active highway building programs in the region. Private funding and public-private partnerships are more likely to support new-capacity projects where toll revenues can support finance structures. This approach is expanding beyond established toll markets in Texas and Florida to states such as Indiana and Colorado.

Renovation is forecast to grow at a 6.20% CAGR through 2031 in the North America roads and highways infrastructure construction market. Much of the interstate system was built between 1956 and 1990, leaving major sections near or beyond their original design lives. ARTBA data for 2022 through 2026 showed that 44% of IIJA projects were repair or reconstruction projects, compared with 6% for new roads and bridges. Agencies are using seismic retrofits, deck replacements, and cable re-tensioning to reduce the need for full replacement when sound substructures are present. Thirty-three states are expected to have National Highway System road and bridge funding gaps during the next decade. Nineteen states projected bridge maintenance shortfalls totaling USD 37.8 billion, supporting demand for contractors with long-term maintenance agreements.

Complete Report Scope:

• By Component
  • Road
  • Bridges/Overpass
  • Tunnels
  • Others
• By Construction Type
  • New Construction
  • Renovation
• By Investment Source
  • Public
  • Private
  • Public-Private Partnership
• By Type
  • National
  • State
  • Local
• By Country
  • United States
  • Canada
  • Mexico

List of Companies Covered in this Report:

• AECOM
• Acciona S.A.
• ACS, Actividades de Construcción y Servicios, S.A.
• Aecon Group Inc.
• Bechtel Corporation
• FlatironDragados
• EllisDon Corporation
• Ferrovial S.E.
• Fluor Corporation
• Granite Construction Incorporated
• Graham Group
• Grupo Indi, S.A. de C.V.
• Kiewit Corporation
• Kokosing, Inc.
• Ledcor Group of Companies
• Michels Corporation
• Skanska AB
• The Walsh Group
• Tutor Perini Corporation
• Zachry Construction Corporation

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support