The U.S. infrastructure market industry is expected to grow steadily over the forecast period from 2018 to 2022. The total output value of the infrastructure construction market reached $326.6 billion in 2017, according to GlobalData, up from $321.2 billion in 2012, and will rise to $396 billion in 2022 (in nominal value terms), corresponding to a 3.9 percent annual average growth rate.
Reduced tax rates and deregulation are expected to boost overall investment levels over the coming years, especially in the telecommunications, energy and air transportation sectors. States and local governments are pushing for higher gas tax and user fees in order to increase revenues for public works, while the Trump administration is seeking to harness private capital to take advantage of government spending on infrastructure at the federal, state and local levels.
The report provides a detailed analysis of the infrastructure sector in the United States, including the state of current infrastructure, the regulatory and financing landscapes, forecast spending across all key sectors, and the major projects in the construction pipeline.
You can find the entire report here.