Europe Transportation Infrastructure Construction Market Size (2024 - 2029)

Europe Transportation Infrastructure Construction Market Analysis

The Europe Transportation Infrastructure Construction Market size is estimated at USD 219.56 billion in 2024, and is expected to reach USD 279.58 billion by 2029, growing at a CAGR of 4.14% during the forecast period (2024-2029).

• The European transportation infrastructure market has observed significant growth and investments over the years, driven by factors such as population growth, urbanization, economic development, and the need for efficient transportation networks. In terms of road infrastructure, many European countries have been investing in expanding and improving their road networks. This includes the construction of new highways, bridges, and tunnels, as well as the rehabilitation and maintenance of existing roads.

• High-speed rail networks such as the TGV in France and the ICE in Germany have revolutionized travel by providing fast and efficient connections between major cities. To ensure future-proofing of inland waterway transport, infrastructure will be upgraded along the cross-border waterways connecting France and Belgium and inland ports along the Danube and Rhine basins (Vienna, Andernach).

• In order to further enhance the safety and interconnectivity of rail transport in the EU, the ERTMS will be implemented on trains and rail lines in the Czech, Danish, German, French, Austrian, and Slovakian Member States. On the roadside, several Member States will implement ITS, particularly cooperative ITS ( C-ITS), to ensure safer and more effective transport. A number of Member States will receive support for European Air Traffic Management projects to improve air transport efficiency and contribute to the Single European Sky.

Europe Transportation Infrastructure Construction Industry Segmentation

Transportation infrastructure is referred to as the framework that facilitates the transportation system. Roads, railways, ports, and airports are all part of it. Daily, transportation infrastructure connects people to jobs, health care, education, etc. It makes it easier to provide and receive goods and services worldwide.

The European transportation infrastructure construction market is segmented by mode (roads, railways, airways, and waterways) and country (Germany, United Kingdom, France, Spain, Italy, the Netherlands, and the Rest of Europe). The report offers market size and forecast values (in USD) for all the above segments.