Global Highway, Street and Bridge Construction Market Size Likely to Grow at a CAGR of 4.8% By 2035

Market Size and Growth

In 2026, the global market for building highways, streets, and bridges will be worth USD 1,362.18 billion. By 2035, it will be worth about USD 2,184.43 billion, growing at a rate of 4.8% per year from 2026 to 2035.

Highway, Street, and Bridge Construction Market Revenue and Trends

The global market for building highways, streets, and bridges includes planning, designing, earthworks, paving, structural engineering, and rehabilitation of highways, expressways, urban streets, rural roads, and bridges using materials like asphalt, concrete, steel, and advanced composites. The global market for building highways, streets, and bridges is growing steadily. This is due to large government infrastructure stimulus packages, rapid urbanization and population growth, aging transportation networks that need to be fixed, increasing freight and passenger traffic, and improvements in modular construction, sustainable materials, and smart infrastructure technologies around the world.

What are the Factors That Have a Significant Contribution to the Growth of the highway, street, and bridge construction market?

A lot of public funding and public-private partnerships (PPPs) have led to a rise in demand for expanded and modernized transportation networks to help the economy grow, ease traffic, and improve connectivity. This has led to more people using them. According to reports from the industry, governments around the world are spending trillions on infrastructure to fix up old assets and meet the needs of people who need to move around more. As cities grow and trade increases, governments want roads and bridges that are strong and can handle a lot of traffic. These roads and bridges should make the area safer, more efficient for logistics, and help it grow.

New technologies have made it possible to use prefabricated modular parts, 3D printing to build bridges quickly, intelligent transportation systems integration, ultra-high-performance concrete (UHPC) and other high-performance materials, and IoT-enabled monitoring for predictive maintenance. These improvements make projects faster, cheaper, longer-lasting, and better for the environment.

Segment Insight

By Product Type

It is worth noting that highway construction emerged as the category with the biggest market share in the sector, owing to the increasing need for expressways, tollways, and corridors in an effort to cater to the increased transportation of goods and commuters. Highway construction is an essential segment since it helps connect individuals and businesses not only at regional levels but also at national levels. Additionally, highway construction aids in making logistical activities easier and smoother. ABC methods and economical pavement options are expected to foster healthy growth within this category, thanks to their ability to cut down on construction costs and project timelines.

By Distribution Channel

The channel that dominates in the market of highway, street, and bridge construction is the one where direct government contracting takes place with the help of EPC contractors. These kinds of channels act as the main medium for the dissemination of massive bids, technical specification services, and management services. The benefit of using these types of channels is that they offer professional assistance in making complicated bid preparations, rule adherence, quality control, and integration.

Regional Insights

Asia Pacific holds the top spot in the international industry of highway, street, and bridge construction. This is because of the fast pace of urbanization, the massive amount of investment done by China and India, and future plans for the building of additional national highways and corridors for manufacturing and commerce. The area benefits from the presence of high government spending, labor, and raw materials, along with rural infrastructure and expressway developments.

At the same time, the highway, street, and bridge construction market in North America is growing quickly because of a lot of federal and state funding for infrastructure (including programs to replace bridges and fix up highways), the need to renew old assets, and the focus on smart and resilient transportation systems. Countries like the United States benefit from big laws, partnerships between the government and businesses, and the early use of new construction technologies that are supported by regulatory priorities and economic stimulus programs.

Report Scope

Recent Developments

• In March 2025: the U.S. Department of Transportation moved forward with several major bridge projects as part of the Bridge Investment Program. This included a lot of money for the Gold Star Memorial Bridge rehabilitation and improvements to the I-95 corridor, which sped up the replacement of old structures with new, stronger designs.

List of the prominent players in the Highway, Street and Bridge Construction Market:

• China Communications Construction Company Ltd.
• China State Construction Engineering Corporation
• ACS Group (Actividades de Construcción y Servicios)
• Vinci SA
• Bouygues Construction
• Bechtel Group Inc.
• Fluor Corporation
• Skanska AB
• Balfour Beatty plc
• Strabag SE
• Hochtief AG
• Others

The Highway, Street and Bridge Construction Market is segmented as follows:

By Construction Type

• New Construction (Greenfield Highway, New Bridge, New Urban Street Network)
• Reconstruction & Rehabilitation (Bridge Deck Replacement, Highway Widening, Major Structural Rehabilitation)
• Maintenance & Repair (Pavement Resurfacing, Bridge Maintenance, Routine Road Maintenance)

By Infrastructure Type

• Highways & Expressways (National Highways, Interstate Corridors, Expressways)
• Urban Streets & Roads (Arterial Roads, Collector Streets, Local Street Networks)
• Bridges & Overpasses (Highway Bridges, Urban Viaducts, Pedestrian Bridges)
• Tunnels (Mountain Road Tunnels, Urban Underpasses, Immersed Tube Tunnels)
• Other Infrastructure Types (Interchange Structures, Rest Areas, Highway Drainage)

By End-User

• Government & Public Sector (Federal/National Agencies, State/Provincial Governments, Municipal Authorities)
• Private Sector (PPP Concessionaires, Toll Road Operators, Industrial Private Road Networks)
• Other End-Users (Military, Utility Companies, Real Estate Developers)

Regional Coverage:

North America

• U.S.
• Canada
• Mexico
• Rest of North America

Europe

• Germany
• France
• U.K.
• Russia
• Italy
• Spain
• Netherlands
• Rest of Europe

Asia Pacific

• China
• Japan
• India
• New Zealand
• Australia
• South Korea
• Taiwan
• Rest of Asia Pacific

The Middle East & Africa

• Saudi Arabia
• UAE
• Egypt
• Kuwait
• South Africa
• Rest of the Middle East & Africa

Latin America

• Brazil
• Argentina
• Rest of Latin America