July 29, 2020

Monorail System Market to Exceed USD 180.48 billion by 2027

The global monorail system market size is expected to exceed USD 180.48 billion by 2027 and anticipated to grow at a compound annual growth rate (CAGR) of 21.94% from 2020 to 2027.

The monorail is a transportation system commonly referred as a beam way for an elevated system, supported along a single rail. Monorail has a wide range of applications from airport transportation to medium capacity metros. However, companies are offering nowadays, with mass transit planners. For instance, Hitachi Monorail Systems provides mass transit planners which are an alternative with distinctive features when compared to other public transportation systems. The growth of monorail systems is fueled by increasing infrastructure development and demand for public transportation systems in the emerging countries.

This report analyzes and forecasts the market for monorail system at the global and regional level. The market has been forecast based on market share (percentages) and revenue (US$ in Thousands) from 2020 to 2027. The study includes drivers and restraints of the global monorail system market. It also covers the impact of these drivers and restraints on demand for monorail system during the forecast period. The report also highlights opportunities in the monorail system market at the global and regional level.

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The report comprises a detailed value chain analysis, which provides a comprehensive view of the global monorail system market. Porter’s Five Forces model for the monorail system market has also been included to help understand the competitive landscape in the market. The study encompasses market attractiveness analysis, wherein end-users are benchmarked based on their market size, growth rate, and general attractiveness.

The report provides the estimated market size of monorail system for 2017 and forecast for the next five years. The global market size of monorail system has been provided in terms of market share and revenue. Market numbers have been estimated based on design type, capacity type, and application segment of monorail system market. Market size and forecast for each design types, capacity type, and application have been provided in terms of global and regional markets.

Key Players

Market players have been profiled in terms of attributes such as company overview, financial overview, business strategies, and recent developments, Company Market Share/Positioning Analysis, Key Strategies Adopted by Players, Vendor Landscape, List of Suppliers, List of Buyers and SWOT analysis.

Some of the prominent players in the monorail system market include:

  • Bombardier Corporation
  • CRRC Corporation Limited
  • Hitachi Rail
  • Ansaldo STS
  • BYD Company ltd
  • General Electric
  • Alstom S.A.
  • Thales Group
  • SIEMENS AG
  • Mitsubishi Electric
  • ABB

Segmentation

By Type

  • Straddle Monorail
  • Suspended Monorail

By Autonomy

  • Semi-autonomous
  • Completely Autonomous
  • Manual

By Propulsion Type

  • Electric Monorail
  • Maglev Monorail

By Autonomous

  • GoA0
  • GoA1
  • GoA2
  • GoA3
  • GoA4

By Geography

  • North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • Germany
    • France
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
  • Rest of the World

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Report Scope:

  • Base year for estimation - 2019
  • Actual estimates/Historical Data - 2016 - 2018
  • Forecast period - 2020 - 2027
  • Market representation - Revenue in USD Million, Volume in Units and CAGR from 2016 to 2027
  • Regional scope - North America, Europe, and Asia Pacific
  • Country scope - U.S., Canada, Netherlands, U.K., France, Norway, Germany, Japan, China, and South Korea
  • Report coverage - Revenue forecast, volume forecast, company ranking, competitive landscape, growth factors, and trends

Research Methodology

In order to compile the research report, we conducted in-depth interviews and discussions with a number of key industry participants and opinion leaders. Primary research represents the bulk of research efforts, supplemented by extensive secondary research. We reviewed key players’ product literature, annual reports, press releases, and relevant documents for competitive analysis and market understanding. Secondary research also includes a search of recent trade, technical writing, internet sources, and statistical data from government websites, trade associations, and agencies. This has proven to be the most reliable, effective, and successful approach for obtaining precise market data, capturing industry participants’ insights, and recognizing business opportunities.

Secondary research sources that are typically referred to include, but are not limited to company websites, annual reports, financial reports, broker reports, investor presentations, and SEC filings, internal and external proprietary databases, and relevant patent and regulatory databases, national government documents, statistical databases, and market reports, news articles, press releases, and webcasts specific to companies operating in the market, National government documents, statistical databases, and market reports.

Primary research involves e-mail interactions, telephonic interviews, and face-to-face interviews for each market, category, segment, and sub-segment across geographies. We conduct primary interviews on an ongoing basis with industry participants and commentators in order to validate the data and analysis. Primary interviews provide firsthand information on market size, market trends, growth trends, competitive landscape, and outlook, etc. These help validate and strengthen secondary research findings. These also help develop the analysis team’s expertise and market understanding.

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Table of Content

Chapter 1. Introduction

1.1. Research Objective
1.2. Scope of the Study
1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope

4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and distribution channel Analysis
4.3.3. Downstream Buyer Analysis

Chapter 5. Market Dynamics Analysis and Trends

5.1. Market Dynamics
5.1.1. Market Drivers
5.1.2. Market Restraints
5.1.3. Market Opportunities
5.2. Porter’s Five Forces Analysis
5.2.1. Bargaining power of suppliers
5.2.2. Bargaining power of buyers
5.2.3. Threat of substitute
5.2.4. Threat of new entrants
5.2.5. Degree of competition

Chapter 6. Competitive Landscape

6.1.1. Company Market Share/Positioning Analysis
6.1.2. Key Strategies Adopted by Players
6.1.3. Vendor Landscape
6.1.3.1. List of Suppliers
6.1.3.2. List of Buyers

Chapter 7. Global Monorail System Market, By Product

7.1. Monorail System Market, by Product Type, 2020-2027
7.1.1. Suspended Monorail
7.1.1.1. Market Revenue and Forecast (2016-2027)
7.1.2. Straddle Monorail
7.1.2.1. Market Revenue and Forecast (2016-2027)

Chapter 8. Global Monorail System Market, By Autonomy

8.1. Monorail System Market, by Autonomy, 2020-2027
8.1.1. Semi-autonomous
8.1.1.1. Market Revenue and Forecast (2016-2027)
8.1.2. Manual
8.1.2.1. Market Revenue and Forecast (2016-2027)
8.1.3. Completely Autonomous
8.1.3.1. Market Revenue and Forecast (2016-2027)

Chapter 9. Global Monorail System Market, By Propulsion Type

9.1. Monorail System Market, by Propulsion Type, 2020-2027
9.1.1. Maglev Monorail
9.1.1.1. Market Revenue and Forecast (2016-2027)
9.1.2. Electric Monorail
9.1.2.1. Market Revenue and Forecast (2016-2027)

Chapter 10. Global Monorail System Market, By Autonomous Type

10.1. Monorail System Market, by Autonomous Type, 2020-2027
10.1.1. GoA0
10.1.1.1. Market Revenue and Forecast (2016-2027)
10.1.2. GoA1
10.1.2.1. Market Revenue and Forecast (2016-2027)
10.1.3. GoA2
10.1.3.1. Market Revenue and Forecast (2016-2027)
10.1.4. GoA3
10.1.4.1. Market Revenue and Forecast (2016-2027)
10.1.5. GoA4
10.1.5.1. Market Revenue and Forecast (2016-2027)

Chapter 11. Global Monorail System Market, Regional Estimates and Trend Forecast

11.1. North America
11.1.1. Market Revenue and Forecast, by Product (2016-2027)
11.1.2. Market Revenue and Forecast, by Autonomy (2016-2027)
11.1.3. Market Revenue and Forecast, by Propulsion Type (2016-2027)
11.1.4. Market Revenue and Forecast, by Autonomous Type (2016-2027)
11.1.5. U.S.
11.1.5.1. Market Revenue and Forecast, by Product (2016-2027)
11.1.5.2. Market Revenue and Forecast, by Autonomy (2016-2027)
11.1.5.3. Market Revenue and Forecast, by Propulsion Type (2016-2027)
11.1.5.4. Market Revenue and Forecast, by Autonomous Type (2016-2027)
11.1.6. Rest of North America
11.1.6.1. Market Revenue and Forecast, by Product (2016-2027)
11.1.6.2. Market Revenue and Forecast, by Autonomy (2016-2027)
11.1.6.3. Market Revenue and Forecast, by Propulsion Type (2016-2027)
11.1.6.4. Market Revenue and Forecast, by Autonomous Type (2016-2027)
11.2. Europe
11.2.1. Market Revenue and Forecast, by Product (2016-2027)
11.2.2. Market Revenue and Forecast, by Autonomy (2016-2027)
11.2.3. Market Revenue and Forecast, by Propulsion Type (2016-2027)
11.2.4. Market Revenue and Forecast, by Autonomous Type (2016-2027)
11.2.5. UK
11.2.5.1. Market Revenue and Forecast, by Product (2016-2027)
11.2.5.2. Market Revenue and Forecast, by Autonomy (2016-2027)
11.2.5.3. Market Revenue and Forecast, by Propulsion Type (2016-2027)
11.2.5.4. Market Revenue and Forecast, by Autonomous Type (2016-2027)
11.2.6. Germany
11.2.6.1. Market Revenue and Forecast, by Product (2016-2027)
11.2.6.2. Market Revenue and Forecast, by Autonomy (2016-2027)
11.2.6.3. Market Revenue and Forecast, by Propulsion Type (2016-2027)
11.2.6.4. Market Revenue and Forecast, by Autonomous Type (2016-2027)
11.2.7. France
11.2.7.1. Market Revenue and Forecast, by Product (2016-2027)
11.2.7.2. Market Revenue and Forecast, by Autonomy (2016-2027)
11.2.7.3. Market Revenue and Forecast, by Propulsion Type (2016-2027)
11.2.7.4. Market Revenue and Forecast, by Autonomous Type (2016-2027)
11.2.8. Rest of Europe
11.2.8.1. Market Revenue and Forecast, by Product (2016-2027)
11.2.8.2. Market Revenue and Forecast, by Autonomy (2016-2027)
11.2.8.3. Market Revenue and Forecast, by Propulsion Type (2016-2027)
11.2.8.4. Market Revenue and Forecast, by Autonomous Type (2016-2027)
11.3. APAC
11.3.1. Market Revenue and Forecast, by Product (2016-2027)
11.3.2. Market Revenue and Forecast, by Autonomy (2016-2027)
11.3.3. Market Revenue and Forecast, by Propulsion Type (2016-2027)
11.3.4. Market Revenue and Forecast, by Autonomous Type (2016-2027)
11.3.5. India
11.3.5.1. Market Revenue and Forecast, by Product (2016-2027)
11.3.5.2. Market Revenue and Forecast, by Autonomy (2016-2027)
11.3.5.3. Market Revenue and Forecast, by Propulsion Type (2016-2027)
11.3.5.4. Market Revenue and Forecast, by Autonomous Type (2016-2027)
11.3.6. China
11.3.6.1. Market Revenue and Forecast, by Product (2016-2027)
11.3.6.2. Market Revenue and Forecast, by Autonomy (2016-2027)
11.3.6.3. Market Revenue and Forecast, by Propulsion Type (2016-2027)
11.3.6.4. Market Revenue and Forecast, by Autonomous Type (2016-2027)
11.3.7. Japan
11.3.7.1. Market Revenue and Forecast, by Product (2016-2027)
11.3.7.2. Market Revenue and Forecast, by Autonomy (2016-2027)
11.3.7.3. Market Revenue and Forecast, by Propulsion Type (2016-2027)
11.3.7.4. Market Revenue and Forecast, by Autonomous Type (2016-2027)
11.3.8. Rest of APAC
11.3.8.1. Market Revenue and Forecast, by Product (2016-2027)
11.3.8.2. Market Revenue and Forecast, by Autonomy (2016-2027)
11.3.8.3. Market Revenue and Forecast, by Propulsion Type (2016-2027)
11.3.8.4. Market Revenue and Forecast, by Autonomous Type (2016-2027)
11.4. MEA
11.4.1. Market Revenue and Forecast, by Product (2016-2027)
11.4.2. Market Revenue and Forecast, by Autonomy (2016-2027)
11.4.3. Market Revenue and Forecast, by Propulsion Type (2016-2027)
11.4.4. Market Revenue and Forecast, by Autonomous Type (2016-2027)
11.4.5. GCC
11.4.5.1. Market Revenue and Forecast, by Product (2016-2027)
11.4.5.2. Market Revenue and Forecast, by Autonomy (2016-2027)
11.4.5.3. Market Revenue and Forecast, by Propulsion Type (2016-2027)
11.4.5.4. Market Revenue and Forecast, by Autonomous Type (2016-2027)
11.4.6. North Africa
11.4.6.1. Market Revenue and Forecast, by Product (2016-2027)
11.4.6.2. Market Revenue and Forecast, by Autonomy (2016-2027)
11.4.6.3. Market Revenue and Forecast, by Propulsion Type (2016-2027)
11.4.6.4. Market Revenue and Forecast, by Autonomous Type (2016-2027)
11.4.7. South Africa
11.4.7.1. Market Revenue and Forecast, by Product (2016-2027)
11.4.7.2. Market Revenue and Forecast, by Autonomy (2016-2027)
11.4.7.3. Market Revenue and Forecast, by Propulsion Type (2016-2027)
11.4.7.4. Market Revenue and Forecast, by Autonomous Type (2016-2027)
11.4.8. Rest of MEA
11.4.8.1. Market Revenue and Forecast, by Product (2016-2027)
11.4.8.2. Market Revenue and Forecast, by Autonomy (2016-2027)
11.4.8.3. Market Revenue and Forecast, by Propulsion Type (2016-2027)
11.4.8.4. Market Revenue and Forecast, by Autonomous Type (2016-2027)
11.5. Latin America
11.5.1. Market Revenue and Forecast, by Product (2016-2027)
11.5.2. Market Revenue and Forecast, by Autonomy (2016-2027)
11.5.3. Market Revenue and Forecast, by Propulsion Type (2016-2027)
11.5.4. Market Revenue and Forecast, by Autonomous Type (2016-2027)
11.5.5. Brazil
11.5.5.1. Market Revenue and Forecast, by Product (2016-2027)
11.5.5.2. Market Revenue and Forecast, by Autonomy (2016-2027)
11.5.5.3. Market Revenue and Forecast, by Propulsion Type (2016-2027)
11.5.5.4. Market Revenue and Forecast, by Autonomous Type (2016-2027)
11.5.6. Rest of LATAM
11.5.6.1. Market Revenue and Forecast, by Product (2016-2027)
11.5.6.2. Market Revenue and Forecast, by Autonomy (2016-2027)
11.5.6.3. Market Revenue and Forecast, by Propulsion Type (2016-2027)
11.5.6.4. Market Revenue and Forecast, by Autonomous Type (2016-2027)

Chapter 12. Company Profiles

12.1. Bombardier Corporation
12.1.1. Company Overview
12.1.2. Product Offerings
12.1.3. Financial Performance
12.1.4. Recent Initiatives
12.2. CRRC Corporation Limited
12.2.1. Company Overview
12.2.2. Product Offerings
12.2.3. Financial Performance
12.2.4. Recent Initiatives
12.3. Hitachi Rail
12.3.1. Company Overview
12.3.2. Product Offerings
12.3.3. Financial Performance
12.3.4. Recent Initiatives
12.4. Ansaldo STS
12.4.1. Company Overview
12.4.2. Product Offerings
12.4.3. Financial Performance
12.4.4. Recent Initiatives
12.5. BYD Company ltd
12.5.1. Company Overview
12.5.2. Product Offerings
12.5.3. Financial Performance
12.5.4. Recent Initiatives
12.6. General Electric
12.6.1. Company Overview
12.6.2. Product Offerings
12.6.3. Financial Performance
12.6.4. Recent Initiatives
12.7. Alstom S.A.
12.7.1. Company Overview
12.7.2. Product Offerings
12.7.3. Financial Performance
12.7.4. Recent Initiatives
12.8. Thales Group
12.8.1. Company Overview
12.8.2. Product Offerings
12.8.3. Financial Performance
12.8.4. Recent Initiatives
12.9. SIEMENS AG
12.9.1. Company Overview
12.9.2. Product Offerings
12.9.3. Financial Performance
12.9.4. Recent Initiatives
12.10. Mitsubishi Electric
12.10.1. Company Overview
12.10.2. Product Offerings
12.10.3. Financial Performance
12.10.4. Recent Initiatives
12.11. ABB
12.11.1. Company Overview
12.11.2. Product Offerings
12.11.3. Financial Performance
12.11.4. Recent Initiatives

Chapter 13. Research Methodology

13.1. Primary Research
13.2. Secondary Research
13.3. Assumptions

Chapter 14. Appendix

14.1. About Us
14.2. Glossary of Terms

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