Pedestrian Bridge Market Trends

Pedestrian Bridge Market Trends

The pedestrian bridge industry will boom with increasing population and urbanization. The global population has grown significantly over the last few decades and is expected to grow rapidly in the coming decades. Countries in Asia and Africa, particularly India and China, are expected to contribute significantly to the rising urbanization over the next 30 years. Public entities construct pedestrian bridges for residents to safely cross urban areas while staying away from traffic. Rapid population growth and the rising GDP are contributing to the increasing number of roads, positively influencing the market outlook. Pedestrian bridges play a critical role in public infrastructure as they allow pedestrians to easily cross-roads without accidents. The growing number of roads worldwide, particularly in developing countries, is a major factor driving the market revenue.