Sep 03, 2026
By Transpire Insight
Description
According to a research report published by Transpire Insight, the highway, street, and bridge construction market size is projected to grow from USD 2.45 trillion in 2026 to USD 4.32 trillion by 2035, at a CAGR of 5.1% during the forecast period 2027-2035. Strong market growth is being fuelled by infrastructure stimulus programs, growth in public-private partnerships, high levels of urbanisation in emerging economies and the need to rehabilitate ageing bridge and road infrastructure. Moreover, around the globe, government funding for climate-resilient and smart transportation corridors is also driving project deployments.
Introduction
The Highway, Street and Bridge Construction Market is the mainstay of logistics, urban mobility and economic integration. It includes new expressways on green space, urban widening and important rehabilitation of bridges. As a result of large-scale government investment projects such as the US Infrastructure Investment and Jobs Act (IIJA) and Europe's Connecting Europe Facility, contractors are turning to state-of-the-art building techniques, such as ultra-high performance concrete, automated paving, and digital surveying, to build roads and bridges capable of withstanding the challenges of climate change.
Recent Development News
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Highway, Street, and Bridge Construction Market Size & Statistics
Regional Growth and Demand Analysis by Transpire Insight
The North American region's dominance has been caused by a major federal infrastructure initiative that is targeted on roads and bridges. The Bipartisan Infrastructure Law dedicated an unprecedented amount of funding for highway and bridge projects, setting aside tens of thousands of dollars for an inventory of tens of thousands of structurally deficient bridges in this country and, after the Francis Scott Key Bridge collapse in Baltimore, suddenly prioritizing the issue on the political agenda. Much of this demand is generated by the U.S., in the form of combined federal-state funding sources, public-private partnerships, and early adoption of digital construction technologies supported by regulatory priorities for resilient, smart transportation systems. The federal infrastructure plan in Canada redirects more funding towards provincial roadways, while in Mexico its government's efforts to expand its highway network make road investments directly linked to manufacturing corridors and cross-border trade, further solidifying North America's top-ranking position as the biggest revenue-generating region.
The concurrent road construction programs in China and India provide Asia-Pacific with its platform of fast growth. As the coastal expressway network in China is being completed, the country is moving more construction projects to its interior and western provinces, while India is pushing ahead towards its 200,000 km national highway target, with its highway authority building tens of thousands of km of new national highway in recent construction cycles of the Bharatmala Pariyojana corridor program. This momentum is reinforced by national development plans in Southeast Asian countries, such as the Philippines, Thailand, and Vietnam, that are heavily investing in building express roads, as well as by the rapid expansion of urban areas across the region's megacities that create new demand for urban street infrastructure. This expansion is backed by multilateral development bank financing from the Asian Development Bank (ADB) and Asian Infrastructure Investment Bank (AIIB), which enable lower-income Asian economies to grow road connectivity faster than what is feasible for domestic fiscal capacity.
Top 15 Trends in the Highway, Street, and Bridge Construction Market
BIM Adoption
Building Information Modeling integrates civil, structural, and utility design into unified digital models, reducing rework, coordinating disciplines, and cutting construction costs ten to fifteen percent.
UHPC Materials
Ultra-high-performance concrete delivers compressive strengths of 150–200 MPa, enabling thinner bridge decks, reduced dead loads, and service lives exceeding seventy-five years without frequent deck rehabilitation.
PPP Toll Roads
Public-private partnerships are accelerating toll road and bridge concessions across India, Southeast Asia, and Latin America, letting governments leverage private capital to fund network expansion.
Bridge Rehabilitation
Aging bridge inventories, including roughly 42,000 structurally deficient bridges in the US, are driving sustained rehabilitation and replacement investment under major federal infrastructure funding programs.
GPS Machine Control Grading
GPS-guided machine control systems send 3D design models to excavators and graders, enabling survey-free earthwork with tolerances of around 25 millimeters, improving productivity and reducing costs.
Structural Health Monitoring
Sensor-embedded systems using fiber-optic strain gauges and accelerometers provide real-time bridge condition data, enabling predictive, data-driven maintenance decisions before safety risks emerge.
List of Top 25 Companies Leading the Highway, Street, and Bridge Construction Market
1. China State Construction Engineering Corporation (CSCEC)
CSCEC is the world's largest construction enterprise by revenue and project volume.
Founded: 1982 | HQ: Beijing, China.
Why It Ranks: Commands unprecedented scale through massive public infrastructure and expressway engineering.
Regional Dominance: Asia-Pacific region with major infrastructure developments across Africa and the Middle East.
Product Line: Highways, expressways, long-span bridges, urban overpasses, and heavy civil works.
2. China Railway Group Limited (CREC)
CREC builds complex transport infrastructure including high-capacity expressways and complex bridges.
Founded: 1950 | HQ: Beijing, China.
Why It Ranks: Exceptional expertise in mega bridge construction and integrated transportation corridor engineering.
Regional Dominance: Dominated primarily in China with active expansion across South Asia and Africa.
Product Line: Expressway networks, complex suspension bridges, highway tunnels, and urban roadways.
3. China Communications Construction Company (CCCC)
leader in mega bridge engineering, marine civil works, and highway corridors.
Founded: 2006 | HQ: Beijing, China.
Why It Ranks: World-renowned capabilities in marine bridge construction, dredging, and highway engineering.
Regional Dominance: Stronghold in Asia-Pacific, Africa, Latin America, and Belt and Road territories.
Product Line: Sea-crossing bridges, highway infrastructure, expressway corridors, and urban transit roads.
4. VINCI SA
France-based concessionaire and construction giant executing major infrastructure worldwide.
Founded: 1899 | HQ: Nanterre, France.
Why It Ranks: Integrates long-term highway concessions with top-tier construction capabilities seamlessly.
Regional Dominance: Strong leadership across Western Europe with significant holdings in North America.
Product Line: Concession motorways, automated toll bridges, urban arterial streets, and structural maintenance.
5. ACS Group (Grupo ACS)
Spanish multinational civil engineering powerhouse with extensive infrastructure operations.
Founded: 1997 | HQ: Madrid, Spain.
Why It Ranks: Major player in transport concessions, highway network engineering, and bridge maintenance.
Regional Dominance: Leader across North America, Europe, and Asia-Pacific through subsidiaries like Dragados.
Product Line: Toll expressways, structural bridge rehabilitation, urban street upgrades, and smart mobility.
6. Bouygues Construction
Renowned French construction titan specializing in sustainable civil infrastructure and complex bridges.
Founded: 1952 | HQ: Paris, France.
Why It Ranks: Superior engineering capability in complex cable-stayed bridges and sustainable roadway development.
Regional Dominance: Deep market penetration in Western Europe, North America, and Southeast Asia.
Product Line: Modern cable-stayed bridges, green highway corridors, smart city streets, and viaducts.
7. Hochtief AG
German construction enterprise delivering landmark civil infrastructure and bridge engineering projects.
Founded: 1873 | HQ: Essen, Germany.
Why It Ranks: Extensive technical experience in high-complexity bridges and major trans-European transport corridors.
Regional Dominance: Dominates European civil markets with strong presence in North America and Australia.
Product Line: Highway widening, complex bridge structures, structural retrofitting, and smart tolling roads.
8. Strabag SE
Central Europe's premier construction group leading European roadway and bridge infrastructure buildout.
Founded: 1835 | HQ: Vienna, Austria.
Why It Ranks: Comprehensive vertically integrated material production and road paving technological capabilities.
Regional Dominance: Central, Eastern, and Western Europe with expanding operations in international markets.
Product Line: Asphalt highway paving, concrete bridge restoration, municipal streets, and road tunnels.
9. Skanska AB
Swedish construction pioneer focused on sustainable, green highway and bridge construction.
Founded: 1887 | HQ: Stockholm, Sweden.
Why It Ranks: Industry frontrunner in low-carbon civil construction, bridge renewal, and highway modernization.
Regional Dominance: Nordics, North America, and key Central European infrastructure development markets.
Product Line: Low-carbon highways, complex bridge rehabilitation, urban arterial roads, and smart bypasses.
10. Balfour Beatty plc
British international infrastructure group delivering strategic highway upgrades and major bridge repairs.
Founded: 1909 | HQ: London, United Kingdom.
Why It Ranks: Major player in smart motorways, bridge asset management, and complex transport schemes.
Regional Dominance: United Kingdom, United States, and growing infrastructure footprints in Southeast Asia.
Product Line: Smart motorways, bridge strengthening, highway bypasses, and municipal street networks.
Conclusion
The highway, street, and bridge construction market will continue to expand steadily and technologically driven during the decade ahead. Government investment and private concessions will keep pushing momentum in the market for modern transport corridors and structural resilience to climate change. In addition, the use of circular building materials, precast bridge systems, and automated paving solutions will help the top engineering companies optimize project timelines, minimize lifecycle costs, and construct robust, resilient connectivity networks needed for economic growth.
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