Pedestrian Bridge Market Size, Trends, Share, Growth, and Opportunity Forecast, 2023 - 2030 Global Industry Analysis By Type (Beam Bridges, Truss Bridges, Arch Bridges, Suspension Bridges, and Others), By Material Type (Steel, Concrete, Wood, Composite, and Others), By Construction Type (New Construction, and Reconstruction and Repair), By End-use (Public, Private, Industrial, Transportation, Parks & Recreational Facilities) and By Geography (North America, Europe, Asia Pacific, South America, and Middle East & Africa)

Pedestrian Bridge Market Size, Trends, Share, Growth, and Opportunity Forecast, 2023 - 2030 Global Industry Analysis By Type (Beam Bridges, Truss Bridges, Arch Bridges, Suspension Bridges, and Others), By Material Type (Steel, Concrete, Wood, Composite, and Others), By Construction Type (New Construction, and Reconstruction and Repair), By End-use (Public, Private, Industrial, Transportation, Parks & Recreational Facilities) and By Geography (North America, Europe, Asia Pacific, South America, and Middle East & Africa)
Region: Global
Published: February 2024
Report Code: CGNBAC385
Pages: 214

The Global Pedestrian Bridge Market is expected to expand at a CAGR of 4.8% between 2023 and 2030. A pedestrian bridge is a structure designed solely for pedestrians to safely cross over obstacles such as river, road, railways, or other barriers. It is designed to allow people to walk safely from one location to another location without any interference from obstacles. They are narrower and lighter than bridges that are designed for vehicles. The pedestrian bridge provides a dedicated pathway for pedestrians, separate from vehicular traffic, enhancing safety, and promoting pedestrian mobility. They allow people to see places and activities, experience the vibrancy of life, and discover the values hidden in the urban areas. Pedestrian bridges help reduce fuel consumption and emission exhaust. They are designed for longevity and sustainability. Pedestrian bridges are commonly found in urban areas, parks, campus, and areas with high foot traffic. There are many different types of pedestrian bridges with unique design and features include, beam bridges, truss bridges, arch bridges, suspension bridges, and other types. The pedestrian bridge market serves public, private, industrial, transportation, and parks and recreational facilities area.

Pedestrian Bridge Market Major Driving Forces

Increasing Urbanization and Population Growth: The rapid urbanization and population growth across the globe have increased demand for pedestrian. Population growth and urbanization are contributing to the increasing number of roads, significantly influencing the market growth.

Focus on Safety and Convenience: The growing focus on improving pedestrian safety and convenience due to increasing the number of accidents is driving the market growth. Pedestrian bridges provide a safe and more convenient way for people to cross over obstacles.  

Enhanced Connectivity and Sustainability: Another significant factor driving the market growth is its enhanced connectivity and sustainability. Pedestrian bridges are designed for enhanced connectivity, and sustainability, as they help to reduce fuel consumption, and emission exhaust.

Government Initiatives: Many governments across the world are taking initiatives for improving urban infrastructure, promoting sustainable transportation modes, and enhancing pedestrian safety. The government initiatives aimed at offering connectivity to remote areas significantly drives the market growth.    

Pedestrian Bridge Market Key Opportunities

Technological Advancements: Technological advancements such as modular construction, multi-modal integration, and digital fabrication are expected to provide lucrative opportunities for market growth. The development of 3D-printed pedestrian bridges that provide on-site customization can significantly impact on the global pedestrian bridges market.

Material Innovation: Material innovation in pedestrian bridge construction is anticipated to offer significant opportunity for the market growth. The market is focusing on enhancing durability, sustainability, and efficiency with the latest advancements in materials such as steel, aluminum, and composite, which helps to improve strength and enable longer spans. This innovation helps to reduce environmental impact and construction costs.

Infrastructure Development: The rapid urbanization and developing efficient transportation network have led to increased demand for pedestrian infrastructure. The rapid population growth and infrastructure development is expected to create a high demand for pedestrian bridges. Pedestrian bridges play important role in enhancing connectivity, allowing people to safely and conveniently cross roads, highways, and rivers. With the rapid infrastructure development, the demand for pedestrian bridge is expected to rise as cities become more densely populated.

Pedestrian Bridge Market Key Trends

·         The pedestrian bridge market is growing rapidly with increasing population and urbanization

·         The ongoing infrastructure development is transforming cities through pedestrian bridge solutions

·         Innovations in materials in pedestrian bridge construction for enhancing durability, efficiency, and sustainability  

·         Advancements in construction practices such as 3D printing and advanced techniques to improve safety, efficiency, and user experience

·         The environmental considerations are increasingly becoming important, since players are shift towards sustainable materials and construction techniques that minimize impact on the environment

·         The integration of smart technologies into pedestrian bridge infrastructure is transforming pedestrian bridges into intelligent and connected structure

·         Growing focus on cost-effectiveness by integrating modular construction and innovative materials are gaining traction

Market Competition Landscape

The global pedestrian bridge market is characterized by intense competition among established and emerging players. Key players in the pedestrian bridge market engage in strategies aimed at gaining a competitive edge. These companies focus on new product launches, design differentiation, and the incorporation of sustainable and eco-friendly construction practices to meet evolving consumer preferences. Established brands leverage their reputation for quality and reliability to maintain market share, while newer entrants focus on disruptive innovations and unique selling propositions.

Key players in the global pedestrian bridge market implement various organic and inorganic strategies to strengthen and improve their market positioning. Prominent players in the market include:

·         U.S. Bridge

·         Backwoods Bridges LLC

·         Arup

·         ACS Group

·         Landmark Products Pty Ltd

·         Acrow Bridge

·         IJP Corporation Ltd.

·         The Walsh Group

·         Skidmore, Owings & Merrill LLP

·         CIMC Group

·         Mabey Group

·         Mace Group

·         Canam Group Inc.

·         Cianbro Corporation

Report Attribute/Metric

Details

Base Year

2022

Forecast Period

2023 – 2030

Historical Data

2018 to 2022

Forecast Unit

Value (US$ Mn)

Key Report Deliverable

Revenue Forecast, Growth Trends, Market Dynamics, Segmental Overview, Regional and Country-wise Analysis, Competition Landscape

Segments Covered

·   By Type (Beam Bridges, Truss Bridges, Arch Bridges, Suspension Bridges, and Others)

·   By Material Type (Steel, Concrete, Wood, Composite, and Others)

·   By Construction Type (New Construction, and Reconstruction and Repair)

·   By End-use (Public, Private, Industrial, Transportation, Parks & Recreational Facilities)

Geographies Covered

North America: U.S., Canada and Mexico

Europe: Germany, France, U.K., Italy, Spain, and Rest of Europe

Asia Pacific: China, India, Japan, South Korea, Southeast Asia, and Rest of Asia Pacific

South America: Brazil, Argentina, and Rest of Latin America

Middle East & Africa: GCC Countries, South Africa, and Rest of Middle East & Africa

Key Players Analyzed

U.S. Bridge, Backwoods Bridges LLC,Arup,ACS Group,Landmark Products Pty Ltd,Acrow Bridge,IJP Corporation Ltd.,The Walsh Group,Skidmore, Owings & Merrill LLP,CIMC Group,Mabey Group,Mace Group,Canam Group Inc., and Cianbro Corporation

Customization & Pricing

Available on Request (10% Customization is Free)

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