In 2023, the total urban collector lane-miles in the US were recorded. From 2024 to 2028, a consistent growth is projected, rising from 361.09 thousand lane-miles in 2024 to 383.11 thousand lane-miles by 2028. This indicates a year-on-year increase averaging around 1.53%. The compound annual growth rate (CAGR) over this forecasted period is approximately 1.51%, reflecting a steady expansion in urban infrastructure aimed at accommodating growing urban traffic demands.
Future trends to watch include:
- Increased investment in smart city initiatives could influence lane-mile expansion.
- Shifts towards sustainable and multi-modal transportation systems impacting future lane-mile growth.