Pedestrian Bridge Global Market Report 2024

The pedestrian bridge market size has grown strongly in recent years. It will grow from $90.02 billion in 2023 to $95.66 billion in 2024 at a compound annual growth rate (CAGR) of 6.3%. The expansion observed in the historical period can be attributed to factors such as urbanization, population growth, infrastructure development, tourism and recreation, and safety concerns.

The pedestrian bridge market size is expected to see strong growth in the next few years. It will grow to $120.11 billion in 2028 at a compound annual growth rate (CAGR) of 5.9%. The anticipated growth in the forecast period can be attributed to factors such as public transport integration, integration with smart city initiatives, increasing awareness of health benefits, the development of bike-friendly infrastructure, and adaptive reuse of existing structures. Major trends in the forecast period include architectural innovation, a focus on inclusive design, eco-friendly design trends, technological advancements in construction materials, integration with green spaces, and the adoption of digital twin technology.

Anticipated government investments in public infrastructure, particularly road development, are poised to drive the growth of the pedestrian bridge market. This involves allocating financial resources to various projects with specific economic, social, or developmental objectives. Notably, the Australian government has earmarked $5.3 billion for road infrastructure improvement in the 2023-24 state budget, emphasizing the development of regional road projects. As a result, such government investments contribute significantly to the expansion of the pedestrian bridge market.

The escalating issue of traffic congestion is expected to be a key driver for the growth of the pedestrian bridge market. Traffic congestion occurs when the volume of vehicles surpasses available road capacity, causing significant slowdowns. Pedestrian bridges play a crucial role in urban planning, enhancing safety, reducing congestion, and promoting sustainable transportation options. In the UK, motor vehicle traffic increased by 8.8%, reaching 323.8 billion vehicle miles between 2021 and 2022, underscoring the importance of pedestrian bridges in alleviating traffic congestion.

Technological advancements emerge as a prominent trend in the pedestrian bridge market. Major companies are dedicated to developing cutting-edge technologies to meet specific demands and maintain their market positions. An example is the Netherlands-based MX3D, which unveiled the world's first 3D-printed steel footbridge equipped with advanced sensors for real-time pedestrian traffic measurement. This innovative structure, designed using 3D printing techniques and welding robots, represents a significant stride in understanding the potential of 3D-printed steel in construction.

Strategic investments by major companies are a focal point for product development and market positioning in the pedestrian bridge sector. Company investments, involving the allocation of financial resources into various assets or projects, aim to generate returns and achieve strategic objectives. Nutifood, a Vietnam-based dairy company, invested $41.3 million in constructing a pedestrian bridge spanning 1.4 kilometers in Ho Chi Minh City. This bridge, featuring a unique design resembling a mangrove palm leaf, is expected to become a landmark symbolizing the Mekong Delta region.

In April 2022, Egis Group, a France-based engineering and consulting company, acquired Waagner-Biro AG, an Austria-based steel engineering and bridge construction company. This strategic move is aimed at expanding global reach, strengthening infrastructure and mobility consulting services, and enhancing project structuring and infrastructure engineering capabilities.

Major companies operating in the pedestrian bridge market report are 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.

Asia-Pacific was the largest region in the pedestrian bridge market in 2023. The regions covered in the pedestrian bridge market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the pedestrian bridge market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.

The main types of pedestrian bridges include truss bridges, beam bridges, suspension bridges, cable-stayed pedestrian bridges, and arch bridges. Truss bridges are structures made of interconnected elements forming a series of triangles, offering long-span structures. They can be made of materials such as steel or wood and are employed in various applications, including military operations, especially in areas where riverbanks are steep and navigation must be maintained. The construction materials for pedestrian bridges include concrete, steel, composite, and others, and they are utilized in different construction types such as new construction and reconstruction and repair. These bridges are used by various end-users, including the public, private entities, industrial sectors, transportation, and parks and recreational facilities.

The pedestrian bridges market research report is one of a series of new reports that provides pedestrian bridges market statistics, including pedestrian bridges industry global market size, regional shares, competitors with a pedestrian bridges market share, detailed pedestrian bridges market segments, market trends and opportunities, and any further data you may need to thrive in the pedestrian bridges industry. This pedestrian bridge market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The pedestrian bridge market includes revenues earned by entities by providing structural engineering, architectural design, functional structural engineering, bridge design, maintenance, and fabrication services. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).


The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.