In 2023, Japan's road infrastructure maintenance stood at approximately 17.17 billion Euros, reflecting a steady commitment to sustaining its extensive road network. The forecast for the years 2024-2028 indicates a gradual increase in maintenance investment, growing from 17.35 billion Euros in 2024 to 17.761 billion Euros by 2028. Year-on-year growth is modest, with percentages ranging from 0.6% to 1.2%. The Compound Annual Growth Rate (CAGR) over the 5-year forecast period is approximately 1.1%, indicating stable yet slow expansion.
Future trends to watch include:
- Integration of smart technologies in road maintenance, potentially increasing costs and efficiency.
- Environmental considerations and sustainability efforts influencing funding allocation.
- Japan's aging infrastructure requiring more significant refurbishments, impacting future maintenance budgets.