Asia-Pacific Road & Highway Infrastructure Market is Expected to grow at a robust CAGR of 12.05% through 2030F
The
increasing Asia-Pacific Road & highway infrastructure market is driven by
integration of smart highway technologies, rise in cross-border infrastructure
and connectivity corridors during the forecast period 2026-2030F.
According
to TechSci Research report, “Asia-Pacific
Road & Highway Infrastructure Market – By Country, Competition, Forecast and Opportunities, 2020-2030F”, The
Asia-Pacific Road & Highway Infrastructure Market was valued at USD 360.16
Billion in 2024 and is expected to reach USD 719.21 Billion by 2030 with a CAGR
of 12.05% during the forecast period. The Asia-Pacific region is witnessing a
growing trend toward the digital transformation of road infrastructure through
the integration of smart highway technologies. Governments and private players
are increasingly incorporating intelligent transport systems (ITS) into new
highway projects. These systems include real-time traffic management, automated
tolling, weather monitoring stations, and emergency response networks. For
instance, sensor-based systems and connected vehicle infrastructure are being deployed
to optimize traffic flow and reduce congestion. Moreover, smart highways are
designed to support future autonomous vehicles, with embedded lane sensors,
adaptive lighting systems, and high-speed communication infrastructure. The
adoption of such technologies enhances safety, reduces travel times, and
supports sustainable urban mobility. Countries like China, South Korea, and
Singapore are setting benchmarks with pilot smart road corridors, influencing
other nations in the region to follow suit. As urbanization increases and the
demand for efficient mobility solutions rises, smart highway development is
expected to accelerate across both urban and intercity routes.
One
of the prominent trends in the region is the development of large-scale,
cross-border road connectivity projects. As part of broader trade integration
strategies, countries are investing heavily in international highway corridors
that link key industrial and logistic hubs. Projects such as the
India-Myanmar-Thailand Trilateral Highway and segments of China’s Belt and Road
Initiative are enhancing trade routes and regional economic integration. These
roads are designed to improve access to ports, reduce logistic costs, and
foster tourism and investment between participating countries. Multilateral
cooperation and funding from development banks have enabled the execution of
these transnational projects. Governments are now focusing on harmonizing road
standards, customs procedures, and transportation policies to maximize the
benefits of these corridors. As regional trade volumes continue to grow,
cross-border road infrastructure will play an increasingly critical role in
shaping the future of Asia-Pacific logistics.
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Asia-Pacific Road & Highway Infrastructure Market"
Based
on road Type, National Highways is the fastest growing segment in the Asia-Pacific
Road & Highway Infrastructure market during the forecast period. This
growth is primarily driven by the increasing demand for improved connectivity,
regional economic integration, and enhanced trade opportunities within the
region. National highways serve as the backbone of road infrastructure,
facilitating the movement of goods and people across vast distances, and play a
critical role in connecting cities, industrial hubs, and ports.
In
several Asia-Pacific countries, national highways are being upgraded to
accommodate the rising traffic volume, including heavy freight, which is
essential for the growing economies in the region. For instance, India has
heavily invested in national highway projects through its Bharatmala Pariyojana
program, which aims to enhance the road connectivity and infrastructure for
efficient transport. Such initiatives are being replicated in other countries,
like China, where the Belt and Road Initiative (BRI) includes extensive
upgrades and construction of national highways that connect China with its
neighboring countries.
Additionally,
the shift toward enhancing regional connectivity has prompted an increase in
cross-border highway development. National highways provide vital links between
countries, enabling faster movement of goods and promoting economic growth.
This is particularly evident in Southeast Asia, where the Greater Mekong
Subregion (GMS) projects focus on improving national highways to facilitate
trade and economic integration. The
adoption of modern technologies in the construction and maintenance of national
highways also contributes to their growth. Smart road technologies, sustainable
construction practices, and the integration of AI and IoT for traffic
management are enhancing the efficiency and sustainability of these highways,
further driving the demand for national highway infrastructure.
Based
on country, India is the fastest growing country in the Asia-Pacific Road &
Highway Infrastructure Market during the forecast period due to a combination
of strong government support, infrastructure development initiatives, and
increasing demand for improved connectivity across the country. The Indian
government has prioritized infrastructure expansion with ambitious projects
aimed at improving road networks, including national highways, expressways, and
rural roads. The push towards infrastructure development is driven by India's
growing population, urbanization, and the need for efficient transport networks
to support economic growth.
The
government's flagship programs such as the Bharatmala Pariyojana and Pradhan
Mantri Gram Sadak Yojana (PMGSY) have focused on enhancing road infrastructure,
with the aim of building new highways and improving the condition of existing
ones. Under the Bharatmala scheme, the government plans to build over 34,800
kilometers of national highways by 2025, creating a significant market for road
infrastructure construction and maintenance.
Additionally,
the rising demand for commercial goods and increasing transportation needs have
fueled the growth of road infrastructure, particularly in the logistics and
transportation sectors. India’s expanding e-commerce industry and the growth in
manufacturing and agriculture sectors further reinforce the need for better
road connectivity to ensure timely and efficient delivery of goods.
Another
factor contributing to India’s growth in the road infrastructure sector is the
increasing investment in smart technologies and digital solutions. As part of
road safety and traffic management improvement, India is incorporating smart
traffic management systems, toll systems, and AI-based surveillance, which
contribute to the development of more efficient and sustainable road
infrastructure.
Key
market players in the Asia-Pacific Road & Highway Infrastructure market are: -
- Vinci SA
- Bechtel
Corporation
- Bouygues
SA
- Siemens
AG
- Hitachi
Ltd.
- Skanska
AB
- ACS Group
- China
Communications Construction Company
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“The
Asia-Pacific Road & Highway Infrastructure market presents significant
opportunities due to increasing government investments in transportation and
urbanization. The region's growing population and rapid industrialization drive
the demand for improved road networks, smart highway solutions, and sustainable
infrastructure. Technological advancements like AI and IoT in traffic
management systems offer new growth avenues. Additionally, the rising focus on
environmental sustainability opens opportunities for eco-friendly road
construction methods, such as green pavements and energy-efficient street
lighting. Public-private partnerships (PPPs) and government-funded
infrastructure projects further fuel market growth in the region.Top of Form” said Mr. Karan Chechi,
Research Director of TechSci Research, a research-based global management
consulting firm.
“Asia-Pacific Road & Highway
Infrastructure Market By Road Type (National Highways, State Highways, and
Others), By Components (Bridges/Tunnels/Culverts, Marking & Signage, Safety
Equipment, Traffic Management System, and Others), By Process (Maintenance and
Expansion), By Country, Competition, Forecast and Opportunities, 2020-2030F,” has evaluated the future growth
potential of Asia-Pacific Road & Highway Infrastructure Market and
provides statistics & information on market size, structure, and future
market growth. The report intends to provide cutting-edge market intelligence
and help decision makers take sound investment decisions. Besides the report
also identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in Asia-Pacific Road & Highway Infrastructure
Market.
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