Pedestrian Bridge Market to Reach $142.3 Billion by 2031, Growing at a CAGR of 4.6% from 2022

June 26, 2025 06:03 PM AEST | By EIN Presswire
 Pedestrian Bridge Market to Reach $142.3 Billion by 2031, Growing at a CAGR of 4.6% from 2022
Image source: EIN Presswire

Pedestrian Bridge Market Size, Share, Competitive Landscape and Trend Analysis Report WILMINGTON, DE, UNITED STATES, June 26, 2025 /EINPresswire.com/ -- According to a new report published by Allied Market Research, titled, “𝐏𝐞𝐝𝐞𝐬𝐭𝐫𝐢𝐚𝐧 𝐁𝐫𝐢𝐝𝐠𝐞 𝐌𝐚𝐫𝐤𝐞𝐭," The Pedestrian Bridge Market Size was valued at $90.3 billion in 2021, and is estimated to reach $142.3 billion by 2031, growing at a CAGR of 4.6% from 2022 to 2031. The pedestrian bridge market has witnessed a surge largely 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 number of roads is positively influencing the pedestrian bridge market growth. In addition to this, surge in urban population is also driving need for pedestrian bridges.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐏𝐃𝐅 𝐒𝐚𝐦𝐩𝐥𝐞@ https://www.alliedmarketresearch.com/request-sample/A53543


Depending on the length and load of traffic, pedestrian bridges are engineered and designed in different ways. This report analyses these types, which include truss bridges, beam bridges, suspension bridges, and arch bridges. Among these, the beam bridges segment dominated the pedestrian bridge market share in 2021, and the same segment is anticipated to dominate the pedestrian bridge market forecast at a significant CAGR during the forecast period. The dominance of this bridge type is attributed to its easy construction and maintenance, which eventually saves long term operation cost.

Based on construction type, the pedestrian bridge market is divided into new construction and reconstruction & repair. Out of these two segments, the new construction segment contributed significantly to the total revenue generated in 2021, and the reconstruction and repair segment is expected to grow with a higher CAGR throughout the forecast period. On the basis of material, the market is divided into concrete, steel, and others. Among these, the steel segment accounted for a major share of revenue generated in 2021, and the others segment is expected to grow with a significant CAGR. Steel is easier to mold in different shapes, it is light in weight, and the pace of constructing with steel is relatively faster than concrete. The market is mainly driven by the rise in urbanization & urban infrastructure, growth in the tourism sector, and surge in number of roads.

However, factors such as fluctuating cost of raw materials required to construct pedestrian bridges and their frequent maintenance which requires large sums of money are anticipated to restrain the pedestrian bridge market growth. Contrarily, the development of 3D printed pedestrian bridges is expected to provide growth opportunities to the market and positively affect the pedestrian bridge market outlook. In addition to this, various companies are also repurposing old pieces of infrastructure such as blades of a wind mill to construct pedestrian bridges.

𝐄𝐧𝐪𝐮𝐢𝐫𝐞 𝐁𝐞𝐟𝐨𝐫𝐞 𝐁𝐮𝐲𝐢𝐧𝐠@ https://www.alliedmarketresearch.com/purchase-enquiry/A53543


In 2021, Asia-Pacific dominated the global pedestrian bridge market, in terms of revenue, and the same segment is anticipated to grow with the highest CAGR, owing to increased investments for infrastructure development in countries such as India, Vietnam, and China. Moreover, North America was the second largest contributor to the revenue generated in 2021, followed by Europe, and LAMEA.

However, various businesses in the pedestrian bridge market had to stop their business in countries such as India, China, Vietnam, Germany, and the U.S., during the pandemic. This break directly impacted the pedestrian bridge industry. In addition, the lack of manpower and raw materials constricted the supply of raw materials for the construction of various pedestrian bridge; and negatively influenced the growth of the pedestrian bridge market. However, owing to the introduction of vaccinations across the world, the severity of the pandemic has significantly reduced and key players in the market are recovering rapidly. However, the spontaneous growth of COVID-19 cases in China during the end of 2022 was an event of concern for the entire world. This brought negative sentiments to the overall industry, and the key players in the market taking stratigic decisions cautiously.

Key companies profiled in the pedestrian bridge market report include Arup Group, Backwoods Bridges, Contech Engineered Solutions LLC, Denton Corker Marshall, IJP Corporation Ltd, Landmark Products Pty Ltd, Mace Group, Nature Bridges, Skidmore, Owings & Merrill (SOM), and The Walsh Group. These groups have been actively engaged in desigining and constructing new pedestrian bridges to remain competitive in the market.

Key Findings Of The Study
The report provides an extensive analysis of the current and emerging pedestrian bridge market trends and dynamics.

Depending on the type, the beam bridges segment dominated the pedestrian bridge market, in terms of revenue in 2021.

By construction type, the new construction segment accounted for a higher revenue share of the market share in 2021.

By material, the steel segment dominated the pedestrian bridge market, in terms of revenue in 2021.

Asia-Pacific is projected to register the highest growth rate in the coming years.

The key players within the pedestrian bridge market are profiled in this report, and their strategies are analyzed thoroughly, which help understand competitive outlook of the pedestrian bridge industry.

The report provides an extensive analysis of the current trends and emerging opportunities in the market.

In-depth pedestrian bridge market analysis is conducted by constructing estimations for the key segments between 2022 and 2031.

𝐔𝐩𝐝𝐚𝐭𝐞 𝐎𝐧 𝐃𝐞𝐦𝐚𝐧𝐝@ https://www.alliedmarketresearch.com/request-for-customization/A53543

David Correa
Allied Market Research
+ 1800-792-5285
email us here
Visit us on social media:
LinkedIn
Facebook
YouTube
X

Legal Disclaimer:

EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.


Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Pty Ltd (“Kalkine Media, we or us”), ACN 629 651 672 and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary.
The content published on Kalkine Media also includes feeds sourced from third-party providers. Kalkine does not assert any ownership rights over the content provided by these third-party sources. The inclusion of such feeds on the Website is for informational purposes only. Kalkine does not guarantee the accuracy, completeness, or reliability of the content obtained from third-party feeds. Furthermore, Kalkine Media shall not be held liable for any errors, omissions, or inaccuracies in the content obtained from third-party feeds, nor for any damages or losses arising from the use of such content.
Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyrighted to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have made reasonable efforts to accredit the source wherever it was indicated as or found to be necessary.
This disclaimer is subject to change without notice. Users are advised to review this disclaimer periodically for any updates or modifications.


AU_advertise

Advertise your brand on Kalkine Media

Sponsored Articles


Investing Ideas

Previous Next
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.