Global Maglev Train Market Size study & Forecast, by Type, by Technology (Electromagnetic Suspension, Electro-dynamic Suspension, Inductrack System ), by Application, by Top Speed and Regional Analysis, 2022-2029

Description

List of Tables

Global Maglev Train Market is valued approximately USD 2.03 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 7.4% over the forecast period 2022-2029. Maglev Train also known as magnetic levitation train is a highspeed train that works on the principle of electromagnetic propulsion. The application of electrifying the propulsion loops generates magnetic fields that both pull the train forward from the front and push it forward from behind to create a smooth ride. The increasing investment in high-speed railways network and growing adoption of public transport services as well as strategic initiatives from leading market players are key factors accelerating the market growth.

According to Statista - in 2021, Chinese railways invested around USD 94.04 billion in high-speed rail infrastructure, and this amount is projected to grow to USD 95.15 billion by 2023. Moreover, in February 2020, the Chinese government announced investment of USD 14.23 billion to build a high-speed maglev train in the Yunnan province. Also, rising technological advancements in maglev train and growing development of railways infrastructure in developing regions would create lucrative growth prospectus for the market over the forecast period. However, high deployment cost due to dedicated infrastructure requirement as well as increasing investment in refurbishment of existing railways infrastructure impede the market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Maglev Train Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. Asia Pacific is the leading region in terms of market share due to factors such as presence of leading market players as well as rising investment in high-speed railways infrastructure in the region. Whereas Europe is expected to grow significantly during the forecast period, owing to factors such as rising investment in high-speed train infrastructure as well as increasing penetration of leading market players in the region.

Major market players included in this report are:

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

MITSUBISHI HEAVY INDUSTRIES, LTD.

Northeast Maglev

Recent Developments in the Market:

In September 2020, India based Bharat Heavy Electrical Limited announced collaboration with SwissRapide AG for development of Maglev Train projects in India.
In July 2021, China Railway Rolling Stock Corporation (CRRC) Qingdao Sifang Co., LTD launched a new high speed maglev transportation system in Qingdao, East China's Shandong Province. This Maglev Train system can run on speed of 600 Km/h.

Global Maglev Train Market Report Scope:

Historical Data: 2019-2020-2021

Base Year for Estimation: 2021

Forecast period: 2022-2029

Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends

Segments Covered Type, Technology, Application, Top Speed, Region

Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World

Customization Scope Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

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

Europe

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
- 1.2.1. Maglev Train Market, by Region, 2019-2029 (USD Billion)
- 1.2.2. Maglev Train Market, by Type, 2019-2029 (USD Billion)
- 1.2.3. Maglev Train Market, by Technology, 2019-2029 (USD Billion)
- 1.2.4. Maglev Train Market, by Application, 2019-2029 (USD Billion)
- 1.2.5. Maglev Train Market, by Top Speed, 2019-2029 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Maglev Train Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global Maglev Train Market Dynamics

3.1. Maglev Train Market Impact Analysis (2019-2029)
- 3.1.1. Market Drivers
  - 3.1.1.1. Increasing investment in high-speed railways network.
  - 3.1.1.2. Growing adoption of public transport services
  - 3.1.1.3. Strategic initiatives from leading market players.
- 3.1.2. Market Challenges
  - 3.1.2.1. High capital-intensive deployment.
  - 3.1.2.2. Refurbishment of existing railways network.
- 3.1.3. Market Opportunities
  - 3.1.3.1. Rising technological advancements in maglev train.
  - 3.1.3.2. Growing development of railways infrastructure in developing regions.

Chapter 4. Global Maglev Train Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter's 5 Force Model (2019-2029)
4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
4.4. Investment Adoption Model
4.5. Analyst Recommendation & Conclusion
4.6. Top investment opportunity
4.7. Top winning strategies

Chapter 5. Risk Assessment: COVID-19 Impact

5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario

Chapter 6. Global Maglev Train Market, by Type

6.1. Market Snapshot
6.2. Global Maglev Train Market by Type, Performance - Potential Analysis
6.3. Global Maglev Train Market Estimates & Forecasts by Type 2019-2029 (USD Billion)
6.4. Maglev Train Market, Sub Segment Analysis
- 6.4.1. Normal Conducting Magnetic Levitation
- 6.4.2. Superconducting Maglevs

Chapter 7. Global Maglev Train Market, by Technology

7.1. Market Snapshot
7.2. Global Maglev Train Market by Technology, Performance - Potential Analysis
7.3. Global Maglev Train Market Estimates & Forecasts by Technology 2019-2029 (USD Billion)
7.4. Maglev Train Market, Sub Segment Analysis
- 7.4.1. Electromagnetic Suspension (EMS)
- 7.4.2. Electro-dynamic Suspension (EDS)
- 7.4.3. Inductrack System (permanent magnet passive suspension)

Chapter 8. Global Maglev Train Market, by Application

8.1. Market Snapshot
8.2. Global Maglev Train Market by Application, Performance - Potential Analysis
8.3. Global Maglev Train Market Estimates & Forecasts by Application 2019-2029 (USD Billion)
8.4. Maglev Train Market, Sub Segment Analysis
- 8.4.1. Passenger
- 8.4.2. Freight

Chapter 9. Global Maglev Train Market, by Top Speed

9.1. Market Snapshot
9.2. Global Maglev Train Market by Top Speed, Performance - Potential Analysis
9.3. Global Maglev Train Market Estimates & Forecasts by Top Speed 2019-2029 (USD Billion)
9.4. Maglev Train Market, Sub Segment Analysis
- 9.4.1. Low
- 9.4.2. Medium
- 9.4.3. High

Chapter 10. Global Maglev Train Market, Regional Analysis

10.1. Maglev Train Market, Regional Market Snapshot
10.2. North America Maglev Train Market
- 10.2.1. U.S. Maglev Train Market
  - 10.2.1.1. Type breakdown estimates & forecasts, 2019-2029
  - 10.2.1.2. Technology breakdown estimates & forecasts, 2019-2029
  - 10.2.1.3. Application breakdown estimates & forecasts, 2019-2029
  - 10.2.1.4. Top Speed breakdown estimates & forecasts, 2019-2029
- 10.2.2. Canada Maglev Train Market
10.3. Europe Maglev Train Market Snapshot
- 10.3.1. U.K. Maglev Train Market
- 10.3.2. Germany Maglev Train Market
- 10.3.3. France Maglev Train Market
- 10.3.4. Spain Maglev Train Market
- 10.3.5. Italy Maglev Train Market
- 10.3.6. Rest of Europe Maglev Train Market
10.4. Asia-Pacific Maglev Train Market Snapshot
- 10.4.1. China Maglev Train Market
- 10.4.2. India Maglev Train Market
- 10.4.3. Japan Maglev Train Market
- 10.4.4. Australia Maglev Train Market
- 10.4.5. South Korea Maglev Train Market
- 10.4.6. Rest of Asia Pacific Maglev Train Market
10.5. Latin America Maglev Train Market Snapshot
- 10.5.1. Brazil Maglev Train Market
- 10.5.2. Mexico Maglev Train Market
10.6. Rest of The World Maglev Train Market

Chapter 11. Competitive Intelligence

11.1. Top Market Strategies
11.2. Company Profiles
- 11.2.1. Alstom
  - 11.2.1.1. Key Information
  - 11.2.1.2. Overview
  - 11.2.1.3. Financial (Subject to Data Availability)
  - 11.2.1.4. Product Summary
  - 11.2.1.5. Recent Developments
- 11.2.2. American Maglev Technology, Inc.
- 11.2.3. Bharat Heavy Electricals Ltd
- 11.2.4. Central Japan Railway Company
- 11.2.5. Crrc Corporation Limited (Crrc)
- 11.2.6. East Japan Railway Company
- 11.2.7. Hitachi, Ltd.,
- 11.2.8. Hyundai Rotem Company
- 11.2.9. Mitsubishi Heavy Industries, Ltd.
- 11.2.10. Northeast Maglev

Chapter 12. Research Process

12.1. Research Process
- 12.1.1. Data Mining
- 12.1.2. Analysis
- 12.1.3. Market Estimation
- 12.1.4. Validation
- 12.1.5. Publishing
12.2. Research Attributes
12.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Maglev Train Market, report scope
TABLE 2. Global Maglev Train Market estimates & forecasts by Region 2019-2029 (USD Billion)
TABLE 3. Global Maglev Train Market estimates & forecasts by Type 2019-2029 (USD Billion)
TABLE 4. Global Maglev Train Market estimates & forecasts by Technology 2019-2029 (USD Billion)
TABLE 5. Global Maglev Train Market estimates & forecasts by Application 2019-2029 (USD Billion)
TABLE 6. Global Maglev Train Market estimates & forecasts by Top Speed 2019-2029 (USD Billion)
TABLE 7. Global Maglev Train Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 8. Global Maglev Train Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 9. Global Maglev Train Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 10. Global Maglev Train Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 11. Global Maglev Train Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 12. Global Maglev Train Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 13. Global Maglev Train Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 14. Global Maglev Train Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 15. Global Maglev Train Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 16. Global Maglev Train Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 17. U.S. Maglev Train Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 18. U.S. Maglev Train Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 19. U.S. Maglev Train Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 20. Canada Maglev Train Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 21. Canada Maglev Train Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 22. Canada Maglev Train Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 23. UK Maglev Train Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 24. UK Maglev Train Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 25. UK Maglev Train Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 26. Germany Maglev Train Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 27. Germany Maglev Train Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 28. Germany Maglev Train Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 29. France Maglev Train Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 30. France Maglev Train Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 31. France Maglev Train Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 32. Italy Maglev Train Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 33. Italy Maglev Train Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 34. Italy Maglev Train Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 35. Spain Maglev Train Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 36. Spain Maglev Train Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 37. Spain Maglev Train Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 38. RoE Maglev Train Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 39. RoE Maglev Train Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 40. RoE Maglev Train Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 41. China Maglev Train Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 42. China Maglev Train Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 43. China Maglev Train Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 44. India Maglev Train Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 45. India Maglev Train Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 46. India Maglev Train Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 47. Japan Maglev Train Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 48. Japan Maglev Train Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 49. Japan Maglev Train Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 50. South Korea Maglev Train Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 51. South Korea Maglev Train Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 52. South Korea Maglev Train Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 53. Australia Maglev Train Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 54. Australia Maglev Train Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 55. Australia Maglev Train Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 56. RoAPAC Maglev Train Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 57. RoAPAC Maglev Train Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 58. RoAPAC Maglev Train Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 59. Brazil Maglev Train Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 60. Brazil Maglev Train Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 61. Brazil Maglev Train Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 62. Mexico Maglev Train Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 63. Mexico Maglev Train Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 64. Mexico Maglev Train Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 65. RoLA Maglev Train Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 66. RoLA Maglev Train Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 67. RoLA Maglev Train Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 68. Row Maglev Train Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 69. Row Maglev Train Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 70. Row Maglev Train Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 71. List of secondary sources, used in the study of global Maglev Train Market
TABLE 72. List of primary sources, used in the study of global Maglev Train Market
TABLE 73. Years considered for the study
TABLE 74. Exchange rates considered

List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

List of figures

FIG 1. Global Maglev Train Market, research methodology
FIG 2. Global Maglev Train Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Maglev Train Market, key trends 2021
FIG 5. Global Maglev Train Market, growth prospects 2022-2029
FIG 6. Global Maglev Train Market, porters 5 force model
FIG 7. Global Maglev Train Market, pest analysis
FIG 8. Global Maglev Train Market, value chain analysis
FIG 9. Global Maglev Train Market by segment, 2019 & 2029 (USD Billion)
FIG 10. Global Maglev Train Market by segment, 2019 & 2029 (USD Billion)
FIG 11. Global Maglev Train Market by segment, 2019 & 2029 (USD Billion)
FIG 12. Global Maglev Train Market by segment, 2019 & 2029 (USD Billion)
FIG 13. Global Maglev Train Market by segment, 2019 & 2029 (USD Billion)
FIG 14. Global Maglev Train Market, regional snapshot 2019 & 2029
FIG 15. North America Maglev Train Market 2019 & 2029 (USD Billion)
FIG 16. Europe Maglev Train Market 2019 & 2029 (USD Billion)
FIG 17. Asia pacific Maglev Train Market 2019 & 2029 (USD Billion)
FIG 18. Latin America Maglev Train Market 2019 & 2029 (USD Billion)
FIG 19. Global Maglev Train Market, company Market share analysis (2021)