The forecast for urban arterial lane-miles in the US shows a steady increase from 2024 to 2028, with values rising incrementally each year from 633.98 thousand lane-miles in 2024 to 652.1 thousand lane-miles in 2028. The year-on-year percentage increase is relatively consistent, highlighting a gradual growth. As of 2023, the baseline year before forecasted data, the actual value stood lower, reflecting a continued expansion trajectory.
Future trends to watch for include:
- Increased urbanization necessitating further expansion of urban arterial infrastructure.
- Technological advancements in transportation potentially impacting lane-mile efficiency and demand.
- Environmental policies influencing urban planning and infrastructure development.