Pedestrian Bridge Market 2023 - By Industry Analysis, Future Trends, Business Overview And Forecast To 2032

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company's Pedestrian Bridge Global Market Report 2023 identifies government investments in the development of public infrastructure, such as roads as the major driver for the Pedestrian Bridge market's growth in the forecast period. Government investments refer to allocating financial resources by a government into various projects, sectors, or assets to achieve specific economic, social, or developmental objectives. Several government authorities are investing in developing public infrastructure such as roads.

The global pedestrian bridge market is expected to grow from $84.55 billion in 2022 to $90.02 billion in 2023 at a compound annual growth rate (CAGR) of 6.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and resulted in increased interest rates affecting many markets across the globe. The pedestrian bridge market is expected to reach $112.67 billion in 2027 at a CAGR of 5.8%.

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Major competitors in the Pedestrian Bridge market are Skanska AB, Kiewit Corporation, SNC-Lavalin Group Inc., Arup Group, Contech Engineered Solutions LLC, Mace Group Ltd.

A key trend in the Pedestrian Bridge market includes technology developments. Major companies operating in the pedestrian bridge market are focused on developing advanced technologies to meet specific demands and sustain their position in the market. For instance, in July 2022, MX3D, a Netherlands-based software company, unveiled the world's first 3D-printed steel footbridge, featuring cutting-edge sensors that measure pedestrian traffic in real-time. The 12-meter futuristic structure was designed using 3D printing techniques and welding robots. The bridge's sensors will monitor its state in real-time and track changes as locals and tourists use it. The data will help architects and engineers understand the long-term behavior of 3D-printed steel and its potential use in future construction projects.

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The Pedestrian Bridge market is segmented -

• By Type: Truss Bridges, Beam Bridges, Suspension Bridges, Cable-Stayed Pedestrian Bridges, Arch Bridges
• By Material: Concrete, Steel, Composite, Other Materials
• By Construction Type: New Construction, Reconstruction And Repair
• By End-User: Public, Private, Industrial, Transportation, Parks And Recreational Facilities
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Pedestrian Bridge market.

The Business Research Company's "Global Pedestrian Bridge Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.

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The Table Of Content For The Pedestrian Bridge Market Include:

1. Executive Summary
2. Pedestrian Bridge Market Characteristics
3. Pedestrian Bridge Market Trends And Strategies
4. Pedestrian Bridge Market - Macro Economic Scenario
5. Global Pedestrian Bridge Market Size and Growth
…………………………………
32. Global Pedestrian Bridge Market Competitive Benchmarking
33. Global Pedestrian Bridge Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Pedestrian Bridge Market
35. Pedestrian Bridge Market Future Outlook and Potential Analysis
36. Appendix

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