Market Research Logo

Road & Highway Construction in Illinois - Industry Market Research Report

Road & Highway Construction in Illinois

The Road and Highway Construction industry in Illinois experienced several issues over the five years to 2017, including budgetary constraints and weak investments in transport infrastructure early in the period. The industry has only recently resumed to grow, due to the passing of the five-year Fixing America's Surface Transportation Act in 2015. Moreover, the recent passage of the lockbox amendment is likely to quell anxieties in the near future. Over the next five years, the industry will experience steady growth as a result of sustained federal support and improved state and municipal budgets. The repair, replacement and expansion of the state's deficient infrastructure, coupled with high levels of nonresidential construction in the state, will lead to higher demand for road and highway projects.

Operators in this industry construct new highways, streets, roads and airport runways (excluding elevated roadways). The industry also includes highway and street construction management operators and special-trade contractors who perform subcontracting work on projects (e.g. grading, laying pavement, installing guardrails and public sidewalks). Industry operators may subcontract some or all of the actual construction work.

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.


ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

KEY STATISTICS
Industry Data
Annual Change
Key Ratios

JARGON & GLOSSARY

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report