The forecasted urban lane-miles in the US show a consistent increase from 2024 through 2028. In 2023, urban lane-miles stood at 3.0000 million. The year-on-year growth rates from 2024 to 2028 are relatively stable: 1.1% in 2024, 1.07% in 2025, 1.04% in 2026, 1% in 2027, and 0.98% in 2028. Over the five-year period, the compound annual growth rate (CAGR) is approximately 1.05%.
Future trends to watch for include:
- Impact of urban planning policy changes on lane-mile expansions.
- Technological advancements in transportation infrastructure impacting lane-mile requirements.
- Shift toward sustainable and space-efficient mobility options potentially affecting urban road planning.