Press release
Pedestrian Bridge Market Poised for 6 % Growth, Set to Hit $129.06 Billion by 2029
Pedestrian Bridge Market
The pedestrian bridge market is expected to surge due to government investments channeled into enhancing public facilities, such as roads. Such investments denote the allocation of fiscal resources by the government into varying projects, sectors, or assets to fulfill certain economic, social, or developmental goals. Numerous governmental bodies direct their funds toward the advancement of public amenities like roads. For example, in May 2023, as reported by the Government of Western Australia, an official Australian website, the country's government designated $5.3 billion for the renewal and augmentation of road infrastructure in the 2023-24 state budget. The budget provision comprises the construction of all regional road projects. Hence, government funds poured into bolstering public infrastructure, including roads, are driving the pedestrian bridge market.
Get Your Pedestrian Bridge Market Report Here:
https://www.thebusinessresearchcompany.com/report/pedestrian-bridge-global-market-report
What Is the projected market size and growth rate for the pedestrian bridge market?
The market size of the pedestrian bridge has been bolstered significantly in the past years. It is projected to increase from $94.86 billion in 2024 to $100.39 billion in 2025, with a compound annual growth rate (CAGR) of 5.8%. The growth seen in the historic period is associated with factors like urbanization, population expansion, development of infrastructure, tourism and leisure activities, and issues regarding safety.
The market for pedestrian bridges is predicted to witness solid expansion in the forthcoming years. Its size is forecasted to reach $129.06 billion by 2029, growing at a compound annual growth rate (CAGR) of 6.5%. The anticipated rise during this period is due to factors such as integration with public transport, aligning with smart city projects, growing consciousness of health benefits, bicycle-friendly facilities, and the adaptable reutilization of already present structures. Chief trends for the forecast period encompass architectural creativity, emphasis on universal design, sustainable design tendencies, advancements in construction material technology, synergy with green spaces, and the use of digital twin technology.
Get Your Free Sample Now - Explore Exclusive Market Insights:
https://www.thebusinessresearchcompany.com/sample.aspx?id=12679&type=smp
What are the emerging trends shaping the future of the pedestrian bridge market?
Advancements in technology are emerging as a prominent trend in the pedestrian bridge sector. Firms established in this sector are prioritizing the development of innovative technologies to cater to specific needs and maintain their market standing. For example, MX3D, a software company based in the Netherlands, revealed the first-ever 3D-printed steel footbridge in the world in July 2022. This bridge, equipped with state-of-the-art sensors that measure pedestrian traffic in real-time, was brought to life using 3D printing methodologies and welding robots. The embedded sensors in the bridge will continually monitor its status and record shifts as it is utilized by tourists and locals alike. This information will aid architects and engineers in comprehending the enduring nature of 3D-printed steel, and how it can be used advantageously in impending construction ventures.
What major market segments define the scope and growth of the pedestrian bridge market?
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
Subsegments:
1) By Truss Bridges: Warren Truss Bridges, Pratt Truss Bridges
2) By Beam Bridges: Simple Beam Bridges, Continuous Beam Bridges
3) By Suspension Bridges: Single Tower Suspension Bridges, Multiple Tower Suspension Bridges
4) By Cable-Stayed Pedestrian Bridges: Fan System Cable-Stayed Bridges, Harp System Cable-Stayed Bridges
5) By Arch Bridges: Rigid Arch Bridges, Tied Arch Bridges
Unlock Exclusive Market Insights - Purchase Your Research Report Now!
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=12679
Which region dominates the pedestrian bridge market?
Asia-Pacific was the largest region in the pedestrian bridge market in 2024. The regions covered in the pedestrian bridge market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Which key market leaders are driving the pedestrian bridge industry growth?
Major companies operating in the pedestrian bridge market include 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.
Customize Your Report - Get Tailored Market Insights!
https://www.thebusinessresearchcompany.com/sample.aspx?id=12679&type=smp
What Is Covered In The Pedestrian Bridge Global Market Report?
• Market Size Forecast: Examine the pedestrian bridge market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the pedestrian bridge market for a structured understanding.
• Key Players Overview: Analyze major players in the pedestrian bridge market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the pedestrian bridge market.
• Segment Contributions: Evaluate how different segments drive overall growth in the pedestrian bridge market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the pedestrian bridge market.
• Industry Challenges: Identify potential risks and obstacles affecting the pedestrian bridge market.
• Competitive Landscape: Review strategic developments in the pedestrian bridge market, including expansions, agreements, and new product launches.
Learn More About The Business Research Company
The Business Research Company provides in-depth research and insights through a vast collection of 15,000+ reports spanning 27 industries and over 60 geographies. Backed by 1,500,000 datasets, extensive secondary research, and expert insights from industry leaders, we equip you with the knowledge needed to stay ahead in the market.
Our flagship offering, the Global Market Model, is a leading market intelligence platform that delivers comprehensive and up-to-date forecasts to support strategic decision-making.
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Pedestrian Bridge Market Poised for 6 % Growth, Set to Hit $129.06 Billion by 2029 here
News-ID: 3902550 • Views: …
More Releases from The Business Research Company
Outlook for the Ready To Drink (RTD) Alcoholic Beverages Market: Major Segments, …
The ready-to-drink (RTD) alcoholic beverages market is on track to experience significant growth over the coming years, driven by evolving consumer preferences and industry innovations. This sector is rapidly expanding as more consumers seek premium, convenient, and sustainable options in their alcoholic beverage choices. Let's explore the market's projected size, key drivers, major players, emerging trends, and segmentation details shaping its future.
Projected Expansion and Market Size of the Ready To…
Emerging Sub-Segments Transforming the Pumpkin Seed Protein Market Landscape
The pumpkin seed protein market is emerging as a promising sector within the broader landscape of plant-based proteins. With increasing consumer interest in alternative, allergen-free protein sources and sustainable nutrition, this market is set to witness substantial growth and innovation. Let's explore the market size projections, key players, current trends, and major product segments shaping the future of pumpkin seed protein.
Projected Market Valuation and Growth Expectations for Pumpkin Seed Protein…
Top Players and Market Competition in the Protein Hydrolysates Industry
The protein hydrolysates market is positioned for significant expansion in the coming years as consumer preferences and nutritional science continue to evolve. With increasing attention on tailored nutrition solutions and the rise of plant-based options, this market is gearing up for robust growth and innovation.
Protein Hydrolysates Market Size Projections Through 2030
The protein hydrolysates market is forecasted to grow substantially, reaching a value of $7.25 billion by 2030. This…
Processed Meat Market Overview: Major Segments, Strategic Developments, and Lead …
The processed meat industry is positioned for substantial expansion over the coming years, driven by evolving consumer preferences and technological advancements. As the market adapts to changing demands and regulatory landscapes, it is expected to reach impressive valuation milestones. Let's explore the current market size, key players, emerging trends, and detailed segment analyses shaping this sector's future.
Forecasted Market Size and Growth Trajectory of the Processed Meat Market
The processed…
More Releases for Bridge
Bridge Game Platform Market Outlook Through 2026-2033: Growth Drivers, Trends, a …
Coherent Market Insights' most recent research study, "Global Bridge Game Platform Market Size, Share, Pricing, Trends, Growth, Opportunities and Forecast 2026-2033," provides a thorough overview of the market for Bridge Game Platform Market on a global scale. The research contains future sales projections, consumer demand, regional analyses, and other crucial data about the target market, as well as the numerous motivators, inhibitors, opportunities, and dangers. In addition to future strategies,…
Portable Bridge Market Expected to Boom with Major Giants Condor, RapidBridge, M …
HTF MI just released the Global Portable Bridge Market Study, a comprehensive analysis of the market that spans more than 143+ pages and describes the product and industry scope as well as the market prognosis and status for 2025-2032. The marketization process is being accelerated by the market study's segmentation by important regions. The market is currently expanding its reach.
Major companies profiled in Portable Bridge Market are:
Mabey Bridge (UK), Acrow…
Ship Bridge Simulators Market Report 2024 - Bridge Simulators Market Size And De …
"The Business Research Company recently released a comprehensive report on the Global Ship Bridge Simulators Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry.
Ready to Dive into Something Exciting? Get Your Free Exclusive…
Gain a Better Understanding of e-Bridge at GD's e-Bridge Webinar
RIDGEFIELD, NJ - July 18, 2023: General Devices is launching a webinar centered around the e-Bridge Communication Platform, and how it helps healthcare teams, on August 23, 2023, at 1pm EST. Moderated by National Sales Manager Randall Hawkins, the e-Bridge webinar will be a conversation between former EMS and Hospital professionals. Panelists include Northeast Regional Manager Michael Pisano, North Central Regional Manager Mitch Scott and Midwest Regional Manager Christine Laking.
e-Bridge…
Global Portable Steel Bridge Market Analysis, Competitors, Growth Rate 2023 |Alg …
Global Info Research announces the release of the report "Global Portable Steel Bridge Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029" . The report is a detailed and comprehensive analysis presented by region and country, type and application. As the market is constantly changing, the report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets.…
Data Bridge Market Research
Data Bridge Market Research analyses that the specialty paper market is expected to reach the value of USD 78021.11 million by 2029, at a CAGR of 8.2% during the forecast period. The rising consumer demand for packaging products is propelling the market forward.
Specialty Paper business report gives explanation about the vital developments in the market which range from the crucial improvements of the market, containing research and development, new item…
