Demand for road and highway maintenance services suffered after federal stimulus spending that occurred following the recession began to dwindle. As operators felt the sting of lower demand and increasing competition, both the industry workforce and average industry wage were cut down to maintain profitability.
This industry comprises contractors involved in the maintenance, repair or renovation of existing highways or streets; construction management operations; and those that operate as special trade contractors engaged in performing subcontract work in the maintenance of highways and streets (e.g. surface repair, road clearing, guardrail repair, drainage repair). The industry does not include services from government establishments.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.