Number of Businesses statistics on the Road & Highway Construction industry in the US

The Vehicle Inventory and Use Survey (VIUS) is conducted in partnership with the Bureau of Transportation Statistics, Federal Highway Administration, and the U.S. Department of Energy to better understand the characteristics and use of trucks on our nation's roads. The survey universe for the VIUS includes all private and commercial trucks registered (or licensed) in the United States. This includes: pickups; minivans, other light vans, and sport utility vehicles; other light single-unit trucks (GVW = 26,000 lbs.); and truck tractors. The VIUS sample excludes vehicles owned by federal, state, and local governments; ambulances; buses; motor homes; farm tractors; unpowered trailer units; and trucks reported to have been disposed of prior to January 1 of the survey year. VIUS provides data on the physical and operational characteristics of the nation's truck population. Its primary goal is to produce estimates of the total number of trucks and truck miles. This dataset provides national and state-level summary statistics for in-scope vehicles, excluding pickups, SUVs, minivans, and other light vans, that were used at least partially for commercial purposes.

Number of Businesses statistics on the Bridge & Elevated Highway Construction industry in the US

Number of Businesses statistics on the Toll Roads & Weigh Stations industry in the US

According to Cognitive Market Research, the roads and highways consulting service market will increase at a compound annual growth rate (CAGR) of 5.50% from 2023 to 2030. What are Main Factors Influencing Market for Road And Highway Consulting Services?

Growth in Number of Automobiles on Roads to Provide Viable Market Output

Automobiles have grown indispensable because they serve as bridges between people and facilitate the conveyance of goods and services. Global population growth and fast urbanization have had a favorable impact on expanding road infrastructure and its development to meet the transportation industry's needs, encouraging automotive OEMs to create more automobiles.

In 2022, 85.4 million motor vehicles were produced worldwide, a 5.7% increase over 2021.

(Source:www.acea.auto/figure/world-motor-vehicle-production/#:~:text=In%202022%2C%2085.4%20million%20motor,and%202022%2C%20per%20world%20region.)

Many automakers are expanding into new markets by introducing appealing vehicle models. For example, Tesla, Citroen, and Great Wall Motor intend to enter the Indian automotive market in the next years by launching their own automobile models. As a result, the expansion of the vehicle industry will increase demand for road and highway consulting services. As a result, rising automotive production volumes and the entry of new companies into new markets will drive demand for roads and highways consulting services, supporting market expansion throughout the projection period.

The Factors are Limiting Growth of Road and Highway Consulting Service Market

Rise in Cost of Construction May Impede Market Growth

Glazing work, metal construction work, plumbing work, insulation and fire protection work, ventilation, air conditioning, and heating have all grown in price. This has increased construction costs, particularly for specialized construction tasks. As a result, vendors are passing on the cost rise to purchasers. Such high prices, however, are not sustainable in the long run, especially in the building business. The imbalance between supply and demand in the construction industry predicts that prices will increase over the projection period. Given this, if vendors pass higher operating costs to buyers, demand for building activities will fall. As a result, rising construction prices may stifle market expansion in the long run.

Impact of COVID–19 on the Road and Highway Consulting Services Market

Almost every business in the globe has suffered a setback during the pandemic. This is because several precautionary lockdowns and other restrictions implemented by governing bodies worldwide have caused substantial delays in their particular industrial and supply-chain operations. The global roads and highways consulting service market is no different. Furthermore, consumer demand has declined as consumers are now more focused on decreasing non-essential spending from their separate budgets as the majority of people's total economic situation has been badly affected by this disease. These variables are expected to impact the revenue trajectory of the global roads and highways consulting service market throughout the forecast period. However, as regional regulatory authorities begin to ease these enforced limits, the global roads and highways consulting service market is expected to rebound. Introduction of Roads and Highways Consulting Service

The work of the Roads and Highways Consulting Service encompasses all facets of a highway program, including traffic analysis, urban design, environmental impact assessments and statements, funding and feasibility analysis, preliminary engineering and final design, construction planning, and public outreach. Due to the increased attention of governments in many nations on the development, growth, reconstruction, and reconditioning of motorways, highways, urban roads, and rural roads, the market for roads and highways consulting services is expanding quickly. The demand for high-quality roads and the increasing necessity for flyovers will significantly increase the demand for engineering and project consulting services for roads.

California had approximately 25,810 road bridges in 2022, while Texas had the most road bridges, with nearly 55,701 road bridges.

(Source:www.statista.com/statistics/190386/number-of-road-bridges-in-the-united-states/)

U.S. Census Bureau QuickFacts statistics for Pike Road town, Alabama. QuickFacts data are derived from: Population Estimates, American Community Survey, Census of Population and Housing, Current Population Survey, Small Area Health Insurance Estimates, Small Area Income and Poverty Estimates, State and County Housing Unit Estimates, County Business Patterns, Nonemployer Statistics, Economic Census, Survey of Business Owners, Building Permits.

..Table Name.Construction: Summary Series: General Summary: Detailed Statistics by Subsectors and Industries for U.S., Regions, and States: 2012....ReleaseSchedule.Data are scheduled for release in October 2015....>Universe. The universe of this file is all employer establishments (establishments with payroll) in the construction of buildings or engineering projects (e.g., highways and utility systems). Also included are establishments primarily engaged in the preparation of sites for new construction and establishments primarily engaged in subdividing land for sale as building sites. This universe includes all establishments classified in the Construction sector (sector 23) in 2012......GeographyCoverage.Data are shown at the U.S., state, and region levels......IndustryCoverage.Data are shown at the two-, three-, and six-digit North American Industry Classification System (NAICS) levels.....Data ItemsandOtherIdentifyingRecords.This file contains data on:... Number of establishments. Relative standard error for estimate of number of establishments (%). Number of employees. Relative standard error for estimate of number of employees (%). Annual payroll ($1,000). Relative standard error for estimate of annual payroll (%). Total Fringe benefits ($1,000). Relative standard error for estimate of total fringe benefits (%). Employers cost for legally required fringe benefits ($1,000). Employers cost for voluntarily provided fringe benefits ($1,000). Construction workers average for year. Relative standard error for estimate of construction workers average for year (%). Construction workers for pay period including March 12. Construction workers for pay period including June 12. Construction workers for pay period including September 12. Construction workers for pay period including December 12. Other employees average for year. Relative standard error for estimate of other employees average for year (%). Other employees for pay period including March 12. Other employees for pay period including June 12. Other employees for pay period including September 12. Other employees for pay period including December 12. Other employees annual wages ($1,000). Relative standard error for estimate of other employees annual wages (%). Construction workers annual hours (1,000). Relative standard error for estimate of construction workers annual hours (%). Construction workers annual wages ($1,000). Relative standard error for estimate of construction workers annual wages (%). First-quarter payroll ($1,000). Relative standard error for estimate of first-quarter payroll (%). Total selected costs ($1,000). Cost of materials, components, and supplies ($1,000). Relative standard error for estimate of cost of materials, components, and supplies (%). Cost of construction work subcontracted out to others ($1,000). Relative standard error for estimate of cost of construction work subcontracted out to others (%). Total cost of selected power, fuels, and lubricants ($1,000). Relative standard error for estimate of total cost of selected power, fuels, and lubricants (%). Cost of gasoline and diesel fuel ($1,000). Cost of natural gas and manufactured gas ($1,000). Cost of on-highway use of gasoline and diesel fuel ($1,000). Cost of off-highway use of gasoline and diesel fuel ($1,000). Cost of all other fuels and lubricants ($1,000). Cost of purchased electricity ($1,000). Relative standard error for estimate of cost of purchased electricity (%). Total value of business done ($1,000). Relative standard error for estimate of total value of business done (%). Value of construction work ($1,000). Relative standard error for estimate of value of construction work (%). Value of construction work on government owned projects ($1,000). Value of construction work on federally owned projects ($1,000). Value of construction work on state and locally owned projects ($1,000). Value of construction work on privately owned projects ($1,000).Value of other business done ($1,000). Relative standard error for estimate of value of other business done (%). Value of construction work subcontracted in from others ($1,000). Net value of construction work ($1,000). Relative standard error for estimate of net value of construction work (%). Value added ($1,000). Relative standard error for estimate of value added (%). Materials and supplies inventories, beginning of year ($1,000). Relative standard error for estimate of materials and supplies inventories, beginning of year (%). Materials and supplies inventories, end of year ($1,000). Relative standard error for estimate of materials and supplies inventories, end of year (%) . Number of establishments with inventories. Relative standard error for estimate of number of establishments with inventories (%). Value of construction work for establishments with inventories ($1,000). Relative standard error for estimate of value of construction work for establishments with inventories (%). Number of establishments ...