0

U.S. Pedestrian Bridge Market is Expected to Reach $26 Billion by 2033—Allied Market Research

 
2022
U.S. Pedestrian Bridge Market

Report Code : A181372

quote The U.S. pedestrian bridge market share is expected to witness considerable growth, owing to increased urbanization and investments in infrastructure development. Rising emphasis on enhancing pedestrian safety, coupled with the implementation of sustainable and innovative designs, further accelerates market expansion. Additionally, government initiatives supporting green infrastructure and smart city projects contribute significantly to the adoption of pedestrian bridges. quote

Saurav Singh
Lead Analyst, Construction and Manufacturing

Get 20% Free Customization In This Report
Follow us on Social Media:       
 

The U.S. pedestrian bridge market size was valued for $18.2 billion in 2023 and is estimated to reach $26.0 billion by 2033, exhibiting a CAGR of 3.6% from 2024 to 2033.  A pedestrian bridge, also known as a footbridge, is a structure designed exclusively for the movement of pedestrians and non-motorized traffic, such as bicycles. It serves as a safe crossing solution over physical barriers, including roads, railways, waterways, or rugged terrains, reducing conflicts between pedestrian and vehicular traffic. These bridges enhance accessibility, improve safety, and support urban connectivity in cities and rural areas alike. Constructed using materials such as steel, concrete, wood, or composites, pedestrian bridges are designed to withstand environmental factors and usage loads.

U.S. pedestrian bridge market offer numerous advantages by providing safe and efficient passage for pedestrians over busy roads, railways, or waterways, minimizing the risk of accidents and improving overall safety. They enhance urban connectivity, promoting walkability and reducing vehicular congestion. These structures support environmental sustainability by encouraging non-motorized transportation, such as walking and cycling. Additionally, pedestrian bridges contribute to the aesthetic appeal of urban landscapes, often serving as architectural landmarks. They also increase accessibility, particularly for individuals with disabilities, through features like ramps and elevators. By improving mobility and fostering community interaction, pedestrian bridges play a vital role in sustainable urban development.

The U.S. pedestrian bridge market has witnessed a surge in innovative construction techniques, such as 3D printing and modular assembly and the adoption of sustainable & advanced materials such as high-performance concrete, carbon fiber composites, and recycled plastics owing to increased investments in the development of public infrastructure such as roads. Government bodies provide pedestrian bridges for the communities to cross the roads. Thus, the rise in the number of roads drives the pedestrian bridge market growth. In addition to this, the surge in urban population boosts the need for pedestrian bridges. Depending on the length and load of traffic, pedestrian bridges are engineered and designed in diverse ways. This report analyzes these types, which include truss bridges, beam bridges, suspension bridges, and arch bridges.

However, the high costs associated with constructing pedestrian bridges restrain the U.S. pedestrian bridge market expansion. The expenses include materials such as steel, concrete, and specialized components, as well as the labor involved in building safe, durable bridges. In addition, the need for high-quality designs and environmental considerations adds to the total cost. These elevated costs make it difficult for municipalities and private entities to fund bridge projects, slowing down the adoption and development of new pedestrian infrastructure. This financial burden limits the ability to quickly address urbanization and pedestrian safety needs.

Furthermore, the surge in demand for sustainable materials in bridge construction offers a significant opportunity for the U.S. pedestrian bridge market growth. Eco-friendly materials, such as recycled steel, timber, and fiber-reinforced polymers, have gained traction as viable alternatives to traditional construction materials. These materials reduce environmental impact and offer durability & lower maintenance costs.

Incorporating sustainable solutions aligns with government initiatives aimed at reducing carbon footprints and increasing the use of renewable resources. The adoption of materials, such as steel and concrete, attracts public-private partnerships, reduces lifecycle costs, and improves the long-term viability of pedestrian bridge projects.

The U.S. pedestrian bridge market is segmented into type, construction type, and material. By type, the U.S. pedestrian bridge market size is classified into truss bridges, beam bridges, suspension bridges, and arch bridges. By construction type, the U.S. Pedestrian Bridge market outlook is divided into new construction and reconstruction & repair. By material, U.S. Pedestrian Bridge Market analysis is categorized into concrete, steel, and others.

Key Findings Of The Study

  • In 2023, the U.S. pedestrian bridge market segment accounted for maximum revenue and is projected to grow at a notable CAGR of 3.9% during the forecast period.
  • The new construction segment was the highest revenue contributor to the U.S. Pedestrian Bridge market forecast in 2023.
  • The steel segments accounted for highest revenue for the U.S. pedestrian bridge market in 2023.

The key players profiled in the report are Arup, Backwoods Bridges LLC, Contech Engineered Solutions LLC, IJP corporation ltd, Mace Group, Nature Bridges, Skidmore, Owings, and Merrill (SOM), The Walsh Group, U.S. bridge., and Kiewit Corporation. These key players have adopted strategies such as product portfolio expansion, mergers & acquisitions, agreements, geographical expansion, and collaborations to enhance their market penetration.

 

Need More Information

pr-det-talk Talk to David (Europe)

pr-det-talk Talk to Sona Padman (Americas)

5933 NE Win Sivers Drive #205,
Portland, OR 97220 United States

pr-det-phone Toll Free: +1-800-792-5285

pr-det-phone UK: +44-845-528-1300

pr-det-phone Hong Kong: +852-301-84916

pr-det-phone India (Pune): +91 2066346060

pr-det-phone Fax: +1(855) 550-5975

pr-det-phone help@alliedmarketresearch.com

 

For Media Inquiries, Please Contact

Allied Market Research
Contact Toll Free: +1-800-792-5285
Drop us an email at
media@alliedmarketresearch.com

Looking for Customization?

 Customization Request

Have a Question?

 Speak with Analyst

Any Confusion?

 Inquire Before Buying

Have a glance of the Report

  Request Free Sample
 
 

First time buyer?
Check offers and discount on this report
To get this report

Click Here
 
 

quote U.S. Pedestrian Bridge Market by type, (truss bridges, beam bridges, suspension bridges, and arch bridges), By construction type (new construction and reconstruction & repair), By material (concrete, steel, and others.): Global Opportunity Analysis and Industry Forecast, 2023–2033 quote

View Report
 
 

Avenue: Entire Library membership of Allied Market Research Reports at your disposal

  • Avenue is an innovative subscription-based online report database.
  • Avail an online access to the entire library of syndicated reports on more than 2,000 niche industries and company profiles on more than 12,000 firms across 11 domains.
  • A cost-effective model tailored for entrepreneurs, investors, and students & researchers at universities.
  • Request customizations, suggest new reports, and avail analyst support as per your requirements.
  • Get an access to the library of reports at any time from any device and anywhere.

 
 

WHY ALLIED MARKET RESEARCH?

INFLALLIBLE METHODOLOGY

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

ANALYST SUPPORT

For complete satisfaction

CUSTOMIZATION

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers

 

Featured Readings

 
rep-img

Published Date Jan 2025

UV LED Market

Download Sample
rep-img

Published Date Jan 2025

Wi-Fi Module Market

Download Sample
rep-img

Published Date Jan 2025

Pressure Sensor Market

Download Sample

Buy Full Version
"U.S. Pedestrian Bridge Market"
Purchase Enquiry

Get fresh content delivered

Get insights on topics that are crucial for your business. Stay abreast of your interest areas.

Get Industry Data Alerts

Why Allied Market Research?

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of the scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save the time of readers