Global Roads Market 2023-2032 : Demand, Trend, Segmentation, Forecast, Overview And Top Companies Include Afcons Infrastructure Limited, Dilip Buildcon Limited, Tata Projects, China Communications Construction Company Ltd., Granite Construction Inc

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

Roads Market Size, Growth Rate, And Forecast
The global roads market size is expected to grow from $267.01 billion in 2022 to $280.99 billion in 2023 at a compound annual growth rate (CAGR) of 5.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global roads market size is expected to reach $330.74 billion in 2027 at a CAGR of 4.2%.

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Roads Market Drivers
The rising number of vehicles is expected to propel the growth of the roads market going forward. Vehicles are machines that transport people or products, often on land, and are often equipped with wheels and an engine, such as motor vehicles. Vehicles predominantly use roads for transportation, and they frequently rely on roads to convey people and commodities. This will drive demand for road constructions.

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Roads Market Segments
• By Type: Highway, Street, Bridge
• By Component: Hardware, Software, Service
• By Construction Type: New Construction, Reconstruction, Repair
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Roads market.

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Roads Market Key Players
Major competitors in the Roads market include Afcons Infrastructure Limited, Dilip Buildcon Limited, Tata Projects, China Communications Construction Company Ltd., Granite Construction Inc., Hunan Road and Bridge Construction Group Co. Ltd., Kiewit Corporation, Lane Construction Corporation, Sichuan Railway Investment Group Co. Ltd., Larsen & Toubro Ltd

The Business Research Company's "Global Roads Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.

The Table Of Content For The Roads Market Include:
1. Executive Summary
2. Roads Market Characteristics
3. Roads Market Trends And Strategies
4. Roads Market - Macro Economic Scenario
5. Roads Market Size And Growth
………
28. Key Mergers And Acquisitions In The Roads Market
29. Roads Market Future Outlook and Potential Analysis
30. Appendix

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