PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1226468
PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1226468
Global Monorail Market Size study & Forecast, by Type (Straddle Monorail, Suspended Monorail), by Propulsion (Electric Monorail Systems, Maglev Monorail Systems), by Size (Large Size, Medium Size, Compact Size) and Regional Analysis, 2022-2029
Global Monorail Market is valued approximately USD 6.74 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 2.82% over the forecast period 2022-2029. A monorail is a train in which the track comprises of a single rail or beam, made up of either concrete or metal. A monorail is supported and guided by wheels mounted underneath the train, that are constantly in contact with the track. Usually, this train is powered by electricity provided via a third rail mounted along the track. These trains are wider than the track thus, requires minimum space. Also, the trains consist of three or four bogies and can have up to eight bogies, each of them running on two single axle rubber tire bogies. The load bearing tires act as the bogie primary suspension and the secondary bogie suspension is provided by air springs and shock absorbers fitted among the bogie frame and the bogie bolster. Mainly, monorail finds its applications in medium capacity metros and airport transfer. Growing need for environment friendly transportation, increased demand for cost effective & efficient transportation for public services, increasing urbanization and increasing investment on monorail projects worldwide are the few factors responsible for high CAGR of the market around the world.
The rising urbanization in developing countries is anticipated to influence to invests in monorail projects that support the market growth during forecast period. For instance, In India, the Mumbai Metropolitan Region Development Authority (MMRDA) and a consortium of Larsen & Toubro and Scomi Engineering (LTSE) both are working together to implement the monorail project on build operate transfer (BOT) basis until 2029 with the estimated investment around Rs 24.6 billion (USD 501.9 million). Moreover, increasing technological developments and innovations led to change in monorail speeds and the distance it covers is one of the major factors likely to create lucrative growth opportunity to the market in the upcoming years. However, low passengers carrying capacity and availability of alternate modes are few factors anticipated to restraining the growth of global Monorail market during the forecast period 2022-2029.
The key regions considered for the Global Monorail Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. Asia-Pacific is the dominating region across the world in terms of market share, owing to the large number of proposed monorail projects, increasing demand for efficient passenger transportation service and rapid urbanization in the region. Whereas, North America is also anticipated to exhibit highest growth rate over the forecast period, owing to factors such as rise in the space optimization, surge in the technological developments and increase in the traffic congestion in the region would create lucrative growth prospects for the Monorail market across North America.
Major market players included in this report are:
- Scomi Engineering BHD
- Siemens AG
- BYD Company
- Bombardier Inc.
- Hitachi, Ltd.
- Mitsubishi Heavy Industries Ltd.
- Urbanaut Monorail Technology
- Aerobus International, Inc.
- Intamin Bahntechnik
- Woojin Industrial System
Recent Developments in the Market:
- In January 2021, Together with the local businesses Orascom Construction S.A.E. and The Arab Contractors (Osman Ahmed Osman & Co.), Siemens Mobility and the National Authority for Tunnels, a governmental organisation under the control of the Egyptian Ministry of Transport, have signed a Memorandum of Understanding (MoU) to design, instal, and commission Egypt's first high-speed rail transportation system. Siemens Mobility will also be offering maintenance services. The agreement includes a 1000-kilometre rail network, the first of which is a 460 km high-speed line. This first high-speed line's order value is close to $3 billion USD.
Global Monorail 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, Propulsion, Size, 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:
- Straddle Monorail
- Suspended Monorail
By Propulsion:
- Electric Monorail Systems
- Maglev Monorail Systems
By Size:
- Large Size
- Medium Size
- Compact Size
By Region:
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- Spain
- Italy
- ROE
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- RoAPAC
- Latin America
- Brazil
- Mexico
- RoLA
- Rest of the World
Table of Contents
Chapter 1. Executive Summary
- 1.1. Market Snapshot
- 1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
- 1.2.1. Monorail Market, by Region, 2019-2029 (USD Billion)
- 1.2.2. Monorail Market, by Type, 2019-2029 (USD Billion)
- 1.2.3. Monorail Market, by Propulsion, 2019-2029 (USD Billion)
- 1.2.4. Monorail Market, by Size, 2019-2029 (USD Billion)
- 1.3. Key Trends
- 1.4. Estimation Methodology
- 1.5. Research Assumption
Chapter 2. Global Monorail 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 Monorail Market Dynamics
- 3.1. Monorail Market Impact Analysis (2019-2029)
- 3.1.1. Market Drivers
- 3.1.1.1. Growing need for environment friendly transportation
- 3.1.1.2. Increased demand for cost effective & efficient transportation for public services
- 3.1.1.3. Increasing urbanization and rising investment on monorail projects
- 3.1.2. Market Challenges
- 3.1.2.1. Low passengers carrying capacity
- 3.1.2.2. Availability of alternate modes
- 3.1.3. Market Opportunities
- 3.1.3.1. Rising technological advancement in monorail
- 3.1.1. Market Drivers
Chapter 4. Global Monorail 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. Top investment opportunity
- 4.5. Top winning strategies
- 4.6. Industry Experts Prospective
- 4.7. Analyst Recommendation & Conclusion
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 Monorail Market, by Type
- 6.1. Market Snapshot
- 6.2. Global Monorail Market by Type, Performance - Potential Analysis
- 6.3. Global Monorail Market Estimates & Forecasts by Type 2019-2029 (USD Billion)
- 6.4. Monorail Market, Sub Segment Analysis
- 6.4.1. Straddle Monorail
- 6.4.2. Suspended Monorail
Chapter 7. Global Monorail Market, by Propulsion
- 7.1. Market Snapshot
- 7.2. Global Monorail Market by Propulsion, Performance - Potential Analysis
- 7.3. Global Monorail Market Estimates & Forecasts by Propulsion 2019-2029 (USD Billion)
- 7.4. Monorail Market, Sub Segment Analysis
- 7.4.1. Electric Monorail Systems
- 7.4.2. Maglev Monorail Systems
Chapter 8. Global Monorail Market, by Size
- 8.1. Market Snapshot
- 8.2. Global Monorail Market by Size, Performance - Potential Analysis
- 8.3. Global Monorail Market Estimates & Forecasts by Size 2019-2029 (USD Billion)
- 8.4. Monorail Market, Sub Segment Analysis
- 8.4.1. Large Size
- 8.4.2. Medium Size
- 8.4.3. Compact Size
Chapter 9. Global Monorail Market, Regional Analysis
- 9.1. Monorail Market, Regional Market Snapshot
- 9.2. North America Monorail Market
- 9.2.1. U.S. Monorail Market
- 9.2.1.1. Type breakdown estimates & forecasts, 2019-2029
- 9.2.1.2. Propulsion breakdown estimates & forecasts, 2019-2029
- 9.2.1.3. Size breakdown estimates & forecasts, 2019-2029
- 9.2.2. Canada Monorail Market
- 9.2.1. U.S. Monorail Market
- 9.3. Europe Monorail Market Snapshot
- 9.3.1. U.K. Monorail Market
- 9.3.2. Germany Monorail Market
- 9.3.3. France Monorail Market
- 9.3.4. Spain Monorail Market
- 9.3.5. Italy Monorail Market
- 9.3.6. Rest of Europe Monorail Market
- 9.4. Asia-Pacific Monorail Market Snapshot
- 9.4.1. China Monorail Market
- 9.4.2. India Monorail Market
- 9.4.3. Japan Monorail Market
- 9.4.4. Australia Monorail Market
- 9.4.5. South Korea Monorail Market
- 9.4.6. Rest of Asia Pacific Monorail Market
- 9.5. Latin America Monorail Market Snapshot
- 9.5.1. Brazil Monorail Market
- 9.5.2. Mexico Monorail Market
- 9.5.3. Rest of Latin America Monorail Market
- 9.6. Rest of The World Monorail Market
Chapter 10. Competitive Intelligence
- 10.1. Top Market Strategies
- 10.2. Company Profiles
- 10.2.1. Scomi Engineering BHD
- 10.2.1.1. Key Information
- 10.2.1.2. Overview
- 10.2.1.3. Financial (Subject to Data Availability)
- 10.2.1.4. Product Summary
- 10.2.1.5. Recent Developments
- 10.2.2. Siemens AG
- 10.2.3. BYD Company
- 10.2.4. Bombardier Inc.
- 10.2.5. Hitachi, Ltd.
- 10.2.6. Mitsubishi Heavy Industries Ltd.
- 10.2.7. Urbanaut Monorail Technology
- 10.2.8. Aerobus International, Inc.
- 10.2.9. Intamin Bahntechnik
- 10.2.10. Woojin Industrial System
- 10.2.1. Scomi Engineering BHD
Chapter 11. Research Process
- 11.1. Research Process
- 11.1.1. Data Mining
- 11.1.2. Analysis
- 11.1.3. Market Estimation
- 11.1.4. Validation
- 11.1.5. Publishing
- 11.2. Research Attributes
- 11.3. Research Assumption
LIST OF TABLES
- TABLE 1. Global Monorail Market, report scope
- TABLE 2. Global Monorail Market estimates & forecasts by Region 2019-2029 (USD Billion)
- TABLE 3. Global Monorail Market estimates & forecasts by Type 2019-2029 (USD Billion)
- TABLE 4. Global Monorail Market estimates & forecasts by Propulsion 2019-2029 (USD Billion)
- TABLE 5. Global Monorail Market estimates & forecasts by Size 2019-2029 (USD Billion)
- TABLE 6. Global Monorail Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 7. Global Monorail Market by region, estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 8. Global Monorail Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 9. Global Monorail Market by region, estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 10. Global Monorail Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 11. Global Monorail Market by region, estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 12. Global Monorail Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 13. Global Monorail Market by region, estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 14. Global Monorail Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 15. Global Monorail Market by region, estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 16. U.S. Monorail Market estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 17. U.S. Monorail Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 18. U.S. Monorail Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 19. Canada Monorail Market estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 20. Canada Monorail Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 21. Canada Monorail Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 22. UK Monorail Market estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 23. UK Monorail Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 24. UK Monorail Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 25. Germany Monorail Market estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 26. Germany Monorail Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 27. Germany Monorail Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 28. France Monorail Market estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 29. France Monorail Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 30. France Monorail Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 31. Italy Monorail Market estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 32. Italy Monorail Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 33. Italy Monorail Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 34. Spain Monorail Market estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 35. Spain Monorail Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 36. Spain Monorail Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 37. RoE Monorail Market estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 38. RoE Monorail Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 39. RoE Monorail Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 40. China Monorail Market estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 41. China Monorail Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 42. China Monorail Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 43. India Monorail Market estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 44. India Monorail Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 45. India Monorail Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 46. Japan Monorail Market estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 47. Japan Monorail Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 48. Japan Monorail Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 49. South Korea Monorail Market estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 50. South Korea Monorail Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 51. South Korea Monorail Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 52. Australia Monorail Market estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 53. Australia Monorail Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 54. Australia Monorail Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 55. RoAPAC Monorail Market estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 56. RoAPAC Monorail Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 57. RoAPAC Monorail Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 58. Brazil Monorail Market estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 59. Brazil Monorail Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 60. Brazil Monorail Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 1. Mexico Monorail Market estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 2. Mexico Monorail Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 3. Mexico Monorail Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 4. RoLA Monorail Market estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 5. RoLA Monorail Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 6. RoLA Monorail Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 7. Row Monorail Market estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 8. Row Monorail Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 9. Row Monorail Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 10. List of secondary sources, used in the study of global Monorail Market
- TABLE 11. List of primary sources, used in the study of global Monorail Market
- TABLE 12. Years considered for the study
- TABLE 13. 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 Monorail Market, research methodology
- FIG 2. Global Monorail Market, Market estimation techniques
- FIG 3. Global Market size estimates & forecast methods
- FIG 4. Global Monorail Market, key trends 2021
- FIG 5. Global Monorail Market, growth prospects 2022-2029
- FIG 6. Global Monorail Market, porters 5 force model
- FIG 7. Global Monorail Market, pest analysis
- FIG 8. Global Monorail Market, value chain analysis
- FIG 9. Global Monorail Market by segment, 2019 & 2029 (USD Billion)
- FIG 10. Global Monorail Market by segment, 2019 & 2029 (USD Billion)
- FIG 11. Global Monorail Market by segment, 2019 & 2029 (USD Billion)
- FIG 12. Global Monorail Market by segment, 2019 & 2029 (USD Billion)
- FIG 13. Global Monorail Market by segment, 2019 & 2029 (USD Billion)
- FIG 14. Global Monorail Market, regional snapshot 2019 & 2029
- FIG 15. North America Monorail Market 2019 & 2029 (USD Billion)
- FIG 16. Europe Monorail Market 2019 & 2029 (USD Billion)
- FIG 17. Asia pacific Monorail Market 2019 & 2029 (USD Billion)
- FIG 18. Latin America Monorail Market 2019 & 2029 (USD Billion)
- FIG 19. Global Monorail Market, company Market share analysis (2021)
List of tables and figures and dummy in nature, final lists may vary in the final deliverable
