Global Pedestrian Bridge Market Strategies 2024, Forecast To 2033

8 Mar, 2024

The pedestrian bridge market climbed from $90.02 billion in 2023 to $95.66 billion in 2024, with a CAGR of 6.3%. Expected to reach $120.11 billion in 2028, driven by public transport integration and architectural innovation.

Global Pedestrian Bridge Market Key Driver

Government investments in public infrastructure, particularly roads, are expected to drive the pedestrian bridge market. For example, the Australian government allocated significant funds to improve road infrastructure in their 2023-24 state budget. These investments drive the development of pedestrian bridges, enhancing public infrastructure. Thus, government investments in infrastructure propel the pedestrian bridge market.

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Global Pedestrian Bridge Market Segments

The pedestrian bridge market covered in this report is segmented –
1) Type:Truss Bridges, Beam Bridges, Suspension Bridges, Cable-Stayed Pedestrian Bridges, Arch Bridges
2) Material:Concrete, Steel, Composite, Other Materials
3) Construction Type:New Construction, Reconstruction And Repair
4) End-User:Public, Private, Industrial, Transportation, Parks And Recreational Facilities
By Geography: The countries covered in the pedestrian bridge market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada. Asia-Pacific was the largest region in the pedestrian bridge market in 2023. The regions covered in the pedestrian bridge market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

Major Pedestrian Bridge Industry Players

Skanska AB; Kiewit Corporation; SNC-Lavalin Group Inc.; Arup Group; Contech Engineered Solutions LLC; Mace Group Ltd; Walsh Group Inc.; Southland Holdings Inc; Flatiron Construction Corporation; Cianbro Corporation; Kinsley Construction; Skidmore Owings & Merrill LLP; TrueNorth Steel Inc.; Denton Corker Marshall LLP; McLean Contracting Company; IJP Corporation Ltd; Creative Pultrusions Inc.; Bridge Brothers Inc.; Conti Corporation; Lonestar Prestress Manufacturing Inc.; Backwoods Bridges LLC; Nature Bridges; Big R Bridge; Modjeski and Masters Inc.; Bridge Masters Inc.; Landmark Products Pty Ltd.

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Pedestrian Bridge Market Overview

A pedestrian bridge is a constructed framework spanning a railway, river, or road, providing a secure passage for individuals or vehicles to cross between two distinct locations. It establishes a connection between separate areas and functions as a transitional space for people transitioning from one environment or activity to another, crucial in facilitating street life.