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 is specially constructed across a road, river, valley, or other similar body for pedestrians' movements. Few pedestrian bridges allow cyclists as well. Steel, concrete, wood, and fiber-reinforced composite materials are widely used for constructing pedestrian bridges.
Increase in number of roads across the U.S. is driven rise in population and urbanization. As cities expand and more people inhabit urban areas, there is a corresponding need for more roads to accommodate vehicle traffic. This growth in road infrastructure directly impacts pedestrian safety, creating a demand for pedestrian bridges. These bridges are essential for safe and convenient passage across busy roads and streets, ensuring that pedestrian movement is not hindered by increase in traffic congestion and urban development.
However, the fluctuating cost of raw materials and expensive maintenance of pedestrian bridges hinder the growth of the U.S. pedestrian bridge industry. The price volatility of materials, such as steel, concrete, and timber, significantly affects construction budgets, making it difficult for project stakeholders to predict costs accurately. In addition, ongoing maintenance expenses, driven by wear and tears from heavy usage and environmental conditions, add to the long-term operational costs. These factors limit investment in new bridge projects, affecting market expansion and sustainability.
Furthermore, the development and installation of 3D printed pedestrian bridges is expected to provide lucrative growth opportunities for the key players in the U.S. pedestrian bridge industry. This innovation allows faster construction times, reduced costs, and the ability to create customized designs with precision. 3D printing enables the use of sustainable materials, aligning with growing environmental demands. As this technology advances, it is expected to transform the pedestrian bridge market, providing cost-effective solutions and opening new avenues for bridge manufacturers and construction firms to meet the evolving needs of urban infrastructure.
The U.S. pedestrian bridge market is segmented into type, construction type, and material. By type, the U.S. pedestrian bridge market is classified into truss bridges, beam bridges, suspension bridges, and arch bridges. By construction type, the market is divided into new construction and reconstruction & repair. By material, it is categorized into concrete, steel, and others.
By Type
Beam bridge segment influence the market in 2023, and expected to follow the same in future.
Competition Analysis
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 & 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.
By Construction Type
New Construction segment hold domination position in 2023.
Top Impacting Factors
One of the significant factors that impact growth of the U.S. pedestrian bridge market includes increasing focus on urban development and infrastructure modernization. Moreover, rise in pedestrian-friendly urban planning, coupled with the need to enhance public safety and connectivity, has boosted the demand for U.S. pedestrian bridge market growth. However, high initial construction costs might hamper the growth of the market. On the contrary, increased focus on urban development offers potential growth opportunities for the U.S. pedestrian bridge market.
By Material
Steel segment generated the highest revenue in 2023.
Key Developments/ Strategies
Arup, Backwoods Bridges LLC, Contech Engineered Solutions LLC, IJP Corporation Ltd, Mace Group, Nature Bridges, Skidmore, Owings & Merrill (SOM), the Walsh Group, U.S. bridge., and Kiewit Corporation. are the top companies holding a prime share in the U.S. pedestrian bridge market. Top market players have adopted various strategies, such as product launch, partnership, acquisition, Collaboration, innovation, and product development, to expand their foothold in the U.S. pedestrian bridge market
- In August 2023, Skidmore, Owings & Merrill (SOM) completed the High Line - Moynihan Connector in New York City. This project features two pedestrian bridges that create a continuous pathway from Moynihan Train Hall to the High Line. The bridges, known as the Timber Bridge and the Woodland Bridge, are designed to enhance pedestrian access and safety while providing a unique urban experience.
- In December 2022, The Walsh Group recently completed the Union Street Pedestrian Bridge in downtown Seattle. This 95-foot-long concrete walkway connects Western Avenue to the waterfront, providing an accessible route with a wider walkway, stairway, and an elevator1. The project, designed by Schemata Workshop, also features integrated pedestrian lighting and artwork by Seattle artist Norie Sato.
Key Benefits For Stakeholders
- This study comprises an analytical depiction of the U.S. pedestrian bridge market size along with the current trends and future estimations to depict the imminent investment pockets.
- The overall market analysis is determined to understand the profitable trends to gain a stronger foothold.
- The report presents information related to key drivers, restraints, and opportunities with a detailed impact analysis.
- The current global U.S. pedestrian bridge market forecast is quantitatively analyzed from 2023 to 2033 to benchmark financial competency.
- Porter’s five forces analysis illustrates the potency of the buyers and suppliers in factory automation.
- The report includes the market share of key vendors and U.S. pedestrian bridge market trends, U.S. Pedestrian Bridge Market Analysis, U.S. Pedestrian Bridge Market Forecast, U.S. Pedestrian Bridge Market Outlook, U.S. Pedestrian Bridge Market Opportunity.
U.S. Pedestrian Bridge Market Report Highlights
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Analyst Review
The pedestrian bridge market has witnessed significant growth in the past few years owing to urbanization and surge in urban infrastructure such as parks.
Growth in the tourism sector in U.S. plays a significant role in increasing the number of tourist attractions including pedestrian bridges over valleys and rivers. Furthermore, the rise in the number of roads and the addition of lanes in the existing roads have increased the need for pedestrian bridges for people needing to crossroads. Beam bridges are popular among builders, as they are easy to design, build, and maintain.
However, fluctuating cost of raw materials and the expensive & frequent maintenance of many types of pedestrian bridges are expected to have a negative impact on the pedestrian bridge market growth. On the other hand, the development of 3D printed pedestrian bridges and the recycling & repurposing of old pieces of infrastructure are expected to provide lucrative growth opportunities for market growth.
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