Monorail System Market Garner Growth 21.94% from 2020 to 2027
According to Precedence Research, the global monorail system market is anticipated to grow at a compound annual growth rate (CAGR) of 21.94% from 2020 to 2027.
The global monorail system market size is expected to exceed USD 180.48 billion by 2027.
Key driver of the global mono rail system market is the lower cost of construction and ease of constructing the monorail system.Monorail system requires significantly lower space, which makes it system suitable for congested urban areas.
Monorails are preferred for mass rapid transportation services, as they are capable of carrying considerable number of passengers at a significant pace at high frequency. Rapid urbanization is fueling the demand for faster and safer modes of public transportation, which in turn is fueling the demand for monorail systems across the globe.
Scope of the Report
A recent study by Precedence Research on the monorail system market offers a forecast for 2020 and 2027. The study analyzes crucial trends that are currently determining the growth of the monorail system market. This report explicates on vital dynamics such as the drivers, restraints, and opportunities for key market players, along with key stakeholders as well as emerging players associated with the manufacturing of monorail system. The study also provides the dynamics that are responsible for influencing the future status of the monorail system market over the forecast period.
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A detailed assessment of the monorail system market value chain analysis, business execution, and supply chain analysis across regional markets has been covered in the report. A list of prominent companies operating in the monorail system market along with their product portfolio enhances the reliability of this comprehensive research study.
In this study, the years considered to estimate the market size of monorail system are as follows:
· History Year: 2016-2019
· Base Year: 2019
· Estimated Year: 2020
· Forecast Year 2020 to 2027
Report Summary
The study offers a comprehensive analysis on diverse features, including production capacities, demand, product developments, revenue generation, and sales in the monorail system market across the globe.
A comprehensive estimate on the monorail system market has been provided through an optimistic scenario as well as a conservative scenario, taking into account the sales of monorail system during the forecast period. Price point comparison by region with global average price is also considered in the study.
Market Size Evaluation
The monorail system market has been analyzed for each market segment in terms of volume (kilo tons) and value (US$ Bn).
Market estimates at global and regional levels for monorail system are available in terms of “US$ Bn” for value and in “kilo tons” for volume. A Y-o-Y growth contrast on prominent monorail system market segments, along with market attractiveness evaluation, has been incorporated in the report. Furthermore, absolute dollar opportunity analysis of all the segments adds prominence to the report. Absolute dollar opportunity plays a crucial role in assessing the level of opportunity that a manufacturer/distributor can look to achieve, along with identifying potential resources, considering the sales and distribution perspective in the global Monorail system market.
Inspected Assessment on Regional Segments
Key sections have been elaborated in the monorail system market report, which have helped deliver projections on regional markets. These chapters include regional macros (political economic and business environment outlook), which are expected to have a momentous influence on the growth of monorail system market during the forecast period.
Country-specific valuation on demand for monorail system has been offered for each regional market, along with market scope estimate sand forecasts, price index, and impact analysis of dynamics of prominence in regions and countries. For all regional markets, Y-o-Y growth estimates have also been incorporated in the report.
Detailed breakup in terms of value & volume for emerging countries has also been included in the report.
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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
In-Depth Analysis on Competitive Landscape
The report sheds light on leading manufacturers of monorail system, along with their detailed profiles. Essential and up-to-date data related to market performers who are principally engaged in the production of monorail system has been brought with the help of a detailed dashboard view. Market share analysis and comparison of prominent players provided in the report permits report readers to take preemptive steps in advancing their businesses.
Company profiles have been included in the report, which include essentials such as product portfolio, key strategies, along with all-inclusive SWOT analysis on each player. Company presence is mapped and presented through a matrix for all the prominent players, thus providing readers with actionable insights, which helps in thoughtfully presenting market status and predicting the competition level in the monorail system market.
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
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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
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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