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The U.S. has over four million miles of roads and more than 610,000 bridges, the majority of which needs repair. The need to harness the pre-emptive power of technology and build roads smartly to make infrastructure last longer has never been greater.
According to a report by technavio.com, the global road construction and maintenance market is projected to reach $259.95 billion by 2027, registering a CAGR of 5.42 percent between 2022 and 2027. This prolific growth can be attributed to the emergence of smart cities, which has led to developments in functional areas like transportation, traffic management, energy efficiency, and sustainability.
Numerous construction projects are now completed using connected construction technology that enables workers to be more productive and complete jobs faster at lower costs. Asphalt paving services like pothole repairs, overlays, and crack filling have been in increasing demand in recent times. The induction heating technique for asphalt pavement modified with steel slag has resulted in reduced GHG emissions and costs associated with road infrastructure.
This edition of Construction Business Review delivers a bird’s-eye view of the recent developments in the road construction arena and insights into how organizations are aligning with these trends and adopting new ways to transform legacy practices.
We have curated thought leadership articles from industry experts, including the Director of Business Development for Dayton Superior and the International Director and Head of Interdisciplinary Design & Research at Drees & Sommer.
We also took a deep dive into the market trends to narrow down the list of companies delivering innovative road construction services. Equipped with innovative technological capabilities, companies like Apple Pavement Services help transform businesses at the cloverleaf of various disruptive technologies.
We hope this edition of Construction Business Review’s road construction service providers helps you build the partnership you and your organization need to foster an environment driven by efficient technology.