Insights Into The Pedestrian Bridge Market’s Growth Potential 2024-2033
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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.
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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What Are The Key Trends That Influence Pedestrian Bridge Market Share Analysis?
Technology innovations are driving growth in the pedestrian bridge market, with major companies focusing on advanced technologies to meet specific demands and maintain their market leadership. For example, in July 2022, MX3D unveiled the world’s first 3D-printed steel footbridge equipped with real-time sensors to monitor pedestrian traffic. This innovative structure not only showcases advancements in 3D printing and sensor technology but also provides valuable data for future construction projects.
Which Market Players Are Driving Growth In The Pedestrian Bridge Market?
Major companies operating in the pedestrian bridge market report are 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.
How Is The Global Pedestrian Bridge Market Segmented?
The pedestrian bridge market covered in this report is segmented –
1) By Type: Truss Bridges, Beam Bridges, Suspension Bridges, Cable-Stayed Pedestrian Bridges, Arch Bridges
2) By Material: Concrete, Steel, Composite, Other Materials
3) By Construction Type: New Construction, Reconstruction And Repair
4) By End-User: Public, Private, Industrial, Transportation, Parks And Recreational Facilities
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The Pedestrian Bridge Global Market Report 2024 provides an overview of the pedestrian bridgemarket for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The pedestrian bridge market forecast analyzes pedestrian bridge market size, pedestrian bridge market share, leading competitor and their market positions.
The Table Of Content For The Pedestrian Bridge Market Include
1. Pedestrian Bridge Market Executive Summary
2. Pedestrian Bridge Market Segments
3. Pedestrian Bridge Market Size And Template Market Growth Rate
4. Key Pedestrian Bridge Market Trends
5. Major Pedestrian Bridge Market Drivers
……
25. Key Mergers And Acquisitions In The Pedestrian Bridge Market
26. Top Pedestrian Bridge Companies
27. Pedestrian Bridge Market Opportunities And Strategies
28. Pedestrian Bridge Market, Conclusions And Recommendations
29. Appendix
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