The Pedestrian Bridge Global Market Report 2023, provides comprehensive information on the pedestrian bridge market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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As per The Business Research Company’s Pedestrian Bridge Global Market Report 2023, 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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Technology developments are a key trend gaining popularity in the pedestrian bridge market. 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.
The pedestrian bridge market 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
Asia-Pacific was the largest region in the pedestrian bridge market in 2022.
The table of contents in TBRC’s pedestrian bridge market report includes:
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
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26. South America Pedestrian Bridge Market
27. Brazil Pedestrian Bridge Market
28. Middle East Pedestrian Bridge Market
29. Africa Pedestrian Bridge Market
30. Pedestrian Bridge Market Competitive Landscape And Company Profiles
Top Major Players:
- Skanska AB
- Kiewit Corporation
- SNC-Lavalin Group Inc
- Arup Group
- Contech Engineered Solutions LLC
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
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