Maglev Train Market By Type, By Technology (Electromagnetic Suspension, Electro-dynamic Suspension, Inductrack System ), By Application, By Top Speed : Global Opportunity Analysis and Industry Forecast, 2025-2035

Description

List of Tables

The report incorporates the study of the global maglev train market that focuses on the magnetic levitation rail transport which uses electromagnetic propulsion that is used to suspend the objects using magnetic field. In other words, there is no support between the two suspended surfaces other than that of a magnetic field. It makes use of the electromagnetic forces to push and repel the train in the forward direction alongside its powered track. Currently, Japan, China, the U.S., Germany, and South Korea contribute to around 88% of the patented maglev technologies in the world. Maglev train systems have several benefits over conventional rail transportation systems. Maglev trains have less chances of rail fatalities, owing to deployment of upgraded technologies such as communication-based train control (CBTC), European railway traffic management system (ETRMS), and more. Therefore, rise in need for safe, secure, and efficient transportation system significantly contributes toward the growth of the global market.

The factors such as rise in demand for secure, safer, and efficient transport system, increase in the allocation of budget for development of railways, and rise in use of public transport services as a solution to minimize traffic congestion supplement the growth of the maglev train market. However, high capital requirement and refurbishment of existing rails are the factors expected to hamper the growth of the maglev train market. In addition, improvement in railway infrastructure in developing countries and increase in development & testing of maglev trains creates market opportunities for the key players operating in the maglev train market.

For the purpose of analysis, the global maglev train market is segmented on the basis of type, technology, application, top speed, and region. By type, the market is divided into normal conducting magnetic levitation and superconducting maglevs. By technology, it is fragmented into electromagnetic suspension (EMS), electro-dynamic suspension (EDS), and inductrack system (permanent magnet passive suspension). By application, it is categorized into passenger and freight. By top speed, it is further classified into low, medium, and high. By region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The leading players operating in the maglev train market are Agile Setu Mobility Private Limited, Alstom, American Maglev Technology Inc., Bharat Heavy Electricals Ltd, Central Japan Railway Company, CRRC Corporation Limited, East Japan Railway Company, Hitachi Ltd., Hyundai Rotem Company, IHI Corporation, Max Bogl, Medha Servo Drives Private Limited, Mitsubishi Heavy Industries Ltd, Northeast Maglev, Shanghai Maglev Transportation Development Co., Ltd., SwissRapide AG, and WSP.

Key Benefits For Stakeholders

This study presents analytical depiction of the global maglev train market analysis along with current trends and future estimations to depict imminent investment pockets.
The overall maglev train market opportunity is determined by understanding profitable trends to gain a stronger foothold.
The report presents information related to the key drivers, restraints, and opportunities of the global maglev train market with a detailed impact analysis.
The current maglev train market is quantitatively analyzed from 2025 to 2035 to benchmark the financial competency.
Porter's five forces analysis illustrates the potency of the buyers and suppliers in the industry.

Key Market Segments

By Type

Normal Conducting Magnetic Levitation
Superconducting Maglevs

By Technology

Electromagnetic Suspension (EMS)
Electro-dynamic Suspension (EDS)
Inductrack System (permanent magnet passive suspension)

By Application

Passenger
Freight

By Top Speed

Low
Medium
High

By Region

North America
- U.S.
- Canada
- Mexico
Europe
- UK
- Germany
- France
- Italy
- Russia
- Rest Of Europe
Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Singapore
- Rest Of Asia-Pacific
LAMEA
- Latin America
- Middle East
- Arfica
Key Market Players
- Agile Setu Pvt. Ltd
- Alstom
- American Maglev Technology, Inc.
- Bharat Heavy Electricals Ltd
- Central Japan Railway Company
- CRRC Corporation Limited (CRRC)
- East Japan Railway Company
- Hitachi, Ltd.
- Hyundai Rotem Company
- Maglev Train Market-
- Max bogl
- Medha Servo Drives Pvt. Ltd.
- MITSUBISHI HEAVY INDUSTRIES, LTD.
- Northeast Maglev
- Shanghai Maglev Transportation Development Co., Ltd.
- SwissRapide AG
- WSP

Product Code: A09096

CHAPTER 1:INTRODUCTION

1.1.Report description
1.2.Key market segments
1.3.Key benefits to the stakeholders
1.4.Research Methodology
- 1.4.1.Secondary research
- 1.4.2.Primary research
- 1.4.3.Analyst tools and models

CHAPTER 2:EXECUTIVE SUMMARY

2.1.Key findings of the study
2.2.CXO Perspective

CHAPTER 3:MARKET OVERVIEW

3.1.Market definition and scope
3.2.Key findings
- 3.2.1.Top investment pockets
3.3.Porter's five forces analysis
3.4.Top player positioning
3.5.Market dynamics
- 3.5.1.Drivers
- 3.5.2.Restraints
- 3.5.3.Opportunities
3.6.COVID-19 Impact Analysis on the market

CHAPTER 4: MAGLEV TRAIN MARKET, BY TYPE

4.1 Overview
- 4.1.1 Market size and forecast
4.2 Normal Conducting Magnetic Levitation
- 4.2.1 Key market trends, growth factors and opportunities
- 4.2.2 Market size and forecast, by region
- 4.2.3 Market analysis by country
4.3 Superconducting Maglevs
- 4.3.1 Key market trends, growth factors and opportunities
- 4.3.2 Market size and forecast, by region
- 4.3.3 Market analysis by country

CHAPTER 5: MAGLEV TRAIN MARKET, BY TECHNOLOGY

5.1 Overview
- 5.1.1 Market size and forecast
5.2 Electromagnetic Suspension (EMS)
- 5.2.1 Key market trends, growth factors and opportunities
- 5.2.2 Market size and forecast, by region
- 5.2.3 Market analysis by country
5.3 Electro-dynamic Suspension (EDS)
- 5.3.1 Key market trends, growth factors and opportunities
- 5.3.2 Market size and forecast, by region
- 5.3.3 Market analysis by country
5.4 Inductrack System (permanent magnet passive suspension)
- 5.4.1 Key market trends, growth factors and opportunities
- 5.4.2 Market size and forecast, by region
- 5.4.3 Market analysis by country

CHAPTER 6: MAGLEV TRAIN MARKET, BY APPLICATION

6.1 Overview
- 6.1.1 Market size and forecast
6.2 Passenger
- 6.2.1 Key market trends, growth factors and opportunities
- 6.2.2 Market size and forecast, by region
- 6.2.3 Market analysis by country
6.3 Freight
- 6.3.1 Key market trends, growth factors and opportunities
- 6.3.2 Market size and forecast, by region
- 6.3.3 Market analysis by country

CHAPTER 7: MAGLEV TRAIN MARKET, BY TOP SPEED

7.1 Overview
- 7.1.1 Market size and forecast
7.2 Low
- 7.2.1 Key market trends, growth factors and opportunities
- 7.2.2 Market size and forecast, by region
- 7.2.3 Market analysis by country
7.3 Medium
- 7.3.1 Key market trends, growth factors and opportunities
- 7.3.2 Market size and forecast, by region
- 7.3.3 Market analysis by country
7.4 High
- 7.4.1 Key market trends, growth factors and opportunities
- 7.4.2 Market size and forecast, by region
- 7.4.3 Market analysis by country

CHAPTER 8: MAGLEV TRAIN MARKET, BY REGION

8.1 Overview
- 8.1.1 Market size and forecast
8.2 North America
- 8.2.1 Key trends and opportunities
- 8.2.2 North America Market size and forecast, by Type
- 8.2.3 North America Market size and forecast, by Technology
- 8.2.4 North America Market size and forecast, by Application
- 8.2.5 North America Market size and forecast, by Top Speed
- 8.2.6 North America Market size and forecast, by country
  - 8.2.6.1 U.S.
  - 8.2.6.1.1 Market size and forecast, by Type
  - 8.2.6.1.2 Market size and forecast, by Technology
  - 8.2.6.1.3 Market size and forecast, by Application
  - 8.2.6.1.4 Market size and forecast, by Top Speed
  - 8.2.6.2 Canada
  - 8.2.6.2.1 Market size and forecast, by Type
  - 8.2.6.2.2 Market size and forecast, by Technology
  - 8.2.6.2.3 Market size and forecast, by Application
  - 8.2.6.2.4 Market size and forecast, by Top Speed
  - 8.2.6.3 Mexico
  - 8.2.6.3.1 Market size and forecast, by Type
  - 8.2.6.3.2 Market size and forecast, by Technology
  - 8.2.6.3.3 Market size and forecast, by Application
  - 8.2.6.3.4 Market size and forecast, by Top Speed
8.3 Europe
- 8.3.1 Key trends and opportunities
- 8.3.2 Europe Market size and forecast, by Type
- 8.3.3 Europe Market size and forecast, by Technology
- 8.3.4 Europe Market size and forecast, by Application
- 8.3.5 Europe Market size and forecast, by Top Speed
- 8.3.6 Europe Market size and forecast, by country
  - 8.3.6.1 UK
  - 8.3.6.1.1 Market size and forecast, by Type
  - 8.3.6.1.2 Market size and forecast, by Technology
  - 8.3.6.1.3 Market size and forecast, by Application
  - 8.3.6.1.4 Market size and forecast, by Top Speed
  - 8.3.6.2 Germany
  - 8.3.6.2.1 Market size and forecast, by Type
  - 8.3.6.2.2 Market size and forecast, by Technology
  - 8.3.6.2.3 Market size and forecast, by Application
  - 8.3.6.2.4 Market size and forecast, by Top Speed
  - 8.3.6.3 France
  - 8.3.6.3.1 Market size and forecast, by Type
  - 8.3.6.3.2 Market size and forecast, by Technology
  - 8.3.6.3.3 Market size and forecast, by Application
  - 8.3.6.3.4 Market size and forecast, by Top Speed
  - 8.3.6.4 Italy
  - 8.3.6.4.1 Market size and forecast, by Type
  - 8.3.6.4.2 Market size and forecast, by Technology
  - 8.3.6.4.3 Market size and forecast, by Application
  - 8.3.6.4.4 Market size and forecast, by Top Speed
  - 8.3.6.5 Russia
  - 8.3.6.5.1 Market size and forecast, by Type
  - 8.3.6.5.2 Market size and forecast, by Technology
  - 8.3.6.5.3 Market size and forecast, by Application
  - 8.3.6.5.4 Market size and forecast, by Top Speed
  - 8.3.6.6 Rest of Europe
  - 8.3.6.6.1 Market size and forecast, by Type
  - 8.3.6.6.2 Market size and forecast, by Technology
  - 8.3.6.6.3 Market size and forecast, by Application
  - 8.3.6.6.4 Market size and forecast, by Top Speed
8.4 Asia-Pacific
- 8.4.1 Key trends and opportunities
- 8.4.2 Asia-Pacific Market size and forecast, by Type
- 8.4.3 Asia-Pacific Market size and forecast, by Technology
- 8.4.4 Asia-Pacific Market size and forecast, by Application
- 8.4.5 Asia-Pacific Market size and forecast, by Top Speed
- 8.4.6 Asia-Pacific Market size and forecast, by country
  - 8.4.6.1 China
  - 8.4.6.1.1 Market size and forecast, by Type
  - 8.4.6.1.2 Market size and forecast, by Technology
  - 8.4.6.1.3 Market size and forecast, by Application
  - 8.4.6.1.4 Market size and forecast, by Top Speed
  - 8.4.6.2 Japan
  - 8.4.6.2.1 Market size and forecast, by Type
  - 8.4.6.2.2 Market size and forecast, by Technology
  - 8.4.6.2.3 Market size and forecast, by Application
  - 8.4.6.2.4 Market size and forecast, by Top Speed
  - 8.4.6.3 India
  - 8.4.6.3.1 Market size and forecast, by Type
  - 8.4.6.3.2 Market size and forecast, by Technology
  - 8.4.6.3.3 Market size and forecast, by Application
  - 8.4.6.3.4 Market size and forecast, by Top Speed
  - 8.4.6.4 Australia
  - 8.4.6.4.1 Market size and forecast, by Type
  - 8.4.6.4.2 Market size and forecast, by Technology
  - 8.4.6.4.3 Market size and forecast, by Application
  - 8.4.6.4.4 Market size and forecast, by Top Speed
  - 8.4.6.5 South Korea
  - 8.4.6.5.1 Market size and forecast, by Type
  - 8.4.6.5.2 Market size and forecast, by Technology
  - 8.4.6.5.3 Market size and forecast, by Application
  - 8.4.6.5.4 Market size and forecast, by Top Speed
  - 8.4.6.6 Singapore
  - 8.4.6.6.1 Market size and forecast, by Type
  - 8.4.6.6.2 Market size and forecast, by Technology
  - 8.4.6.6.3 Market size and forecast, by Application
  - 8.4.6.6.4 Market size and forecast, by Top Speed
  - 8.4.6.7 Rest of Asia-Pacific
  - 8.4.6.7.1 Market size and forecast, by Type
  - 8.4.6.7.2 Market size and forecast, by Technology
  - 8.4.6.7.3 Market size and forecast, by Application
  - 8.4.6.7.4 Market size and forecast, by Top Speed
8.5 LAMEA
- 8.5.1 Key trends and opportunities
- 8.5.2 LAMEA Market size and forecast, by Type
- 8.5.3 LAMEA Market size and forecast, by Technology
- 8.5.4 LAMEA Market size and forecast, by Application
- 8.5.5 LAMEA Market size and forecast, by Top Speed
- 8.5.6 LAMEA Market size and forecast, by country
  - 8.5.6.1 Latin America
  - 8.5.6.1.1 Market size and forecast, by Type
  - 8.5.6.1.2 Market size and forecast, by Technology
  - 8.5.6.1.3 Market size and forecast, by Application
  - 8.5.6.1.4 Market size and forecast, by Top Speed
  - 8.5.6.2 Middle East
  - 8.5.6.2.1 Market size and forecast, by Type
  - 8.5.6.2.2 Market size and forecast, by Technology
  - 8.5.6.2.3 Market size and forecast, by Application
  - 8.5.6.2.4 Market size and forecast, by Top Speed
  - 8.5.6.3 Arfica
  - 8.5.6.3.1 Market size and forecast, by Type
  - 8.5.6.3.2 Market size and forecast, by Technology
  - 8.5.6.3.3 Market size and forecast, by Application
  - 8.5.6.3.4 Market size and forecast, by Top Speed

CHAPTER 9: COMPANY LANDSCAPE

9.1. Introduction
9.2. Top winning strategies
9.3. Product Mapping of Top 10 Player
9.4. Competitive Dashboard
9.5. Competitive Heatmap
9.6. Key developments

CHAPTER 10: COMPANY PROFILES

10.1 Agile Setu Pvt. Ltd
- 10.1.1 Company overview
- 10.1.2 Company snapshot
- 10.1.3 Operating business segments
- 10.1.4 Product portfolio
- 10.1.5 Business performance
- 10.1.6 Key strategic moves and developments
10.2 Alstom
- 10.2.1 Company overview
- 10.2.2 Company snapshot
- 10.2.3 Operating business segments
- 10.2.4 Product portfolio
- 10.2.5 Business performance
- 10.2.6 Key strategic moves and developments
10.3 American Maglev Technology, Inc.
- 10.3.1 Company overview
- 10.3.2 Company snapshot
- 10.3.3 Operating business segments
- 10.3.4 Product portfolio
- 10.3.5 Business performance
- 10.3.6 Key strategic moves and developments
10.4 Bharat Heavy Electricals Ltd
- 10.4.1 Company overview
- 10.4.2 Company snapshot
- 10.4.3 Operating business segments
- 10.4.4 Product portfolio
- 10.4.5 Business performance
- 10.4.6 Key strategic moves and developments
10.5 Central Japan Railway Company
- 10.5.1 Company overview
- 10.5.2 Company snapshot
- 10.5.3 Operating business segments
- 10.5.4 Product portfolio
- 10.5.5 Business performance
- 10.5.6 Key strategic moves and developments
10.6 CRRC Corporation Limited (CRRC)
- 10.6.1 Company overview
- 10.6.2 Company snapshot
- 10.6.3 Operating business segments
- 10.6.4 Product portfolio
- 10.6.5 Business performance
- 10.6.6 Key strategic moves and developments
10.7 East Japan Railway Company
- 10.7.1 Company overview
- 10.7.2 Company snapshot
- 10.7.3 Operating business segments
- 10.7.4 Product portfolio
- 10.7.5 Business performance
- 10.7.6 Key strategic moves and developments
10.8 Hitachi, Ltd.
- 10.8.1 Company overview
- 10.8.2 Company snapshot
- 10.8.3 Operating business segments
- 10.8.4 Product portfolio
- 10.8.5 Business performance
- 10.8.6 Key strategic moves and developments
10.9 Hyundai Rotem Company
- 10.9.1 Company overview
- 10.9.2 Company snapshot
- 10.9.3 Operating business segments
- 10.9.4 Product portfolio
- 10.9.5 Business performance
- 10.9.6 Key strategic moves and developments
10.10 Maglev Train Market-
- 10.10.1 Company overview
- 10.10.2 Company snapshot
- 10.10.3 Operating business segments
- 10.10.4 Product portfolio
- 10.10.5 Business performance
- 10.10.6 Key strategic moves and developments
10.11 Max bogl
- 10.11.1 Company overview
- 10.11.2 Company snapshot
- 10.11.3 Operating business segments
- 10.11.4 Product portfolio
- 10.11.5 Business performance
- 10.11.6 Key strategic moves and developments
10.12 Medha Servo Drives Pvt. Ltd.
- 10.12.1 Company overview
- 10.12.2 Company snapshot
- 10.12.3 Operating business segments
- 10.12.4 Product portfolio
- 10.12.5 Business performance
- 10.12.6 Key strategic moves and developments
10.13 MITSUBISHI HEAVY INDUSTRIES, LTD.
- 10.13.1 Company overview
- 10.13.2 Company snapshot
- 10.13.3 Operating business segments
- 10.13.4 Product portfolio
- 10.13.5 Business performance
- 10.13.6 Key strategic moves and developments
10.14 Northeast Maglev
- 10.14.1 Company overview
- 10.14.2 Company snapshot
- 10.14.3 Operating business segments
- 10.14.4 Product portfolio
- 10.14.5 Business performance
- 10.14.6 Key strategic moves and developments
10.15 Shanghai Maglev Transportation Development Co., Ltd.
- 10.15.1 Company overview
- 10.15.2 Company snapshot
- 10.15.3 Operating business segments
- 10.15.4 Product portfolio
- 10.15.5 Business performance
- 10.15.6 Key strategic moves and developments
10.16 SwissRapide AG
- 10.16.1 Company overview
- 10.16.2 Company snapshot
- 10.16.3 Operating business segments
- 10.16.4 Product portfolio
- 10.16.5 Business performance
- 10.16.6 Key strategic moves and developments
10.17 WSP
- 10.17.1 Company overview
- 10.17.2 Company snapshot
- 10.17.3 Operating business segments
- 10.17.4 Product portfolio
- 10.17.5 Business performance
- 10.17.6 Key strategic moves and developments