Global Road Maintenance Market Status and Drivers: Revenue is $308.92 Billion in 2024

Global Road Maintenance Market Overview

According to Global Market Monitor, the global road maintenance market will be $308.92 billion in 2024 with a CAGR of 4.15% from 2024 to 2029.Road maintenance is carried out to ensure traffic safety and to maintain the suitability and appearance of the road. Road maintenance includes correcting defects such as potholes in the lane from time to time and providing measures such as crack sealing to slow down the deterioration rate.

The state of global infrastructure, especially road networks, presents a complex landscape shaped by aging infrastructure, rapid urbanization, security concerns, and the imperatives of sustainability. In the United States, 43 percent of public roads are in poor or mediocre condition, and the average age of U.S. roads is 28 years, many of which were built more than half a century ago. Globally, the toll of road traffic accidents is staggering, with most countries losing 3% of their gross domestic product and claiming around 1.35 million lives each year, with 93% of these deaths occurring in low - and middle-income countries.

Market Drivers

Road maintenance is very important to keep the road in its original state, to protect its close resources and user safety, and to provide smooth and convenient travel along the way. It is necessary to properly maintain the road. Road maintenance must repair the damaged part in time, otherwise, it will lead to increased investment in the repair project and shorten the service life of the road. With the rapid development of the national economy, people are increasingly demanding safe, fast, comfortable, and beautiful road traffic services. The smooth progress of road maintenance work is a necessary condition for ensuring the sustainable development of highways. Do a good job in road maintenance management to improve road use efficiency and service level.

The intelligent detection of pavement is divided into two stages. The first is the automation of pavement inspection. Many pavement inspection equipment have emerged, such as pavement comprehensive inspection vehicles, lateral friction coefficient detection vehicles, deflection meters, and laser flatness. Instrumentation, etc., through these detection devices for automatic acquisition of road surface data.

With the continuous development of expressways, the demand for highways in society has increased, requiring expressways to provide fast, safe, and efficient road transport conditions, for example, the traditional methods of repairing pits and cracks will continue to take a long time and have poor effect, which will affect the road safety and smoothness. Its development trend will inevitably be the integration of maintenance and construction equipment. The recycling of asphalt pavement materials can alleviate resource pressure, contribute to environmental protection, and reduce maintenance costs, and has received widespread attention from all over the world.

By Type	Pavement Management
	Maintenance to Road Fixtures
	Litter Control
	Vegetation Management
	Others
	Pavement management occupies the biggest share.
By Application	Highway
	Road
	Street
	Others
	The highway segment is the major application field.