Global Maglev Train Market 2023-2027

Description

List of Tables

The maglev train market is forecasted to grow by USD 1,387.33 mn during 2022-2027, accelerating at a CAGR of 7.08% during the forecast period. The report on the maglev train market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by high-speed transportation demand, increased investment in infrastructure development, and emergence of digitalization and connected rail.

Technavio's maglev train market is segmented as below:

By Type

Super conducting maglev
Normal conducting maglev

By Application

Passenger
Freight

By Geographical Landscape

APAC
Europe
North America
South America
Middle East and Africa

This study identifies the growing use of artificial intelligence(ai) technology in maglev train as one of the prime reasons driving the maglev train market growth during the next few years. Also, environmental benefits of maglev trains and mergers and acquisitions among players will lead to sizable demand in the market.

The report on the maglev train market covers the following areas:

Maglev train market sizing
Maglev train market forecast
Maglev train market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading maglev train market vendors that include ALSTOM SA, American Maglev Technology Inc., Central Japan Railway Co., CRRC Corp. Ltd., Hyundai Motor Co., Max Bogl Bauservice GmbH and Co. KG, Mitsubishi Heavy Industries Ltd., Northeast Maglev, Shanghai Maglev Transportation Development Co. Ltd., and SwissRapide AG. Also, the maglev train market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Product Code: IRTNTR75769

1 Executive Summary

1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Global Market Characteristics
Exhibit 04: Executive Summary - Chart on Market By Geographical Landscape
Exhibit 05: Executive Summary - Chart on Market Segmentation by Type
Exhibit 06: Executive Summary - Chart on Market Segmentation by Application
Exhibit 07: Executive Summary - Chart on Incremental Growth
Exhibit 08: Executive Summary - Data Table on Incremental Growth
Exhibit 09: Executive Summary - Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2022
3.4 Market outlook: Forecast for 2022-2027
Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

4.1 Global maglev train market 2017 - 2021
Exhibit 18: Historic Market Size - Data Table on global maglev train market 2017 - 2021 ($ million)
4.2 Type Segment Analysis 2017 - 2021
Exhibit 19: Historic Market Size - Type Segment 2017 - 2021 ($ million)
4.3 Application Segment Analysis 2017 - 2021
Exhibit 20: Historic Market Size - Application Segment 2017 - 2021 ($ million)
4.4 Geography Segment Analysis 2017 - 2021
Exhibit 21: Historic Market Size - Geography Segment 2017 - 2021 ($ million)
4.5 Country Segment Analysis 2017 - 2021
Exhibit 22: Historic Market Size - Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

5.1 Five forces summary
Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
5.2 Bargaining power of buyers
Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2022 and 2027
5.3 Bargaining power of suppliers
Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2022 and 2027
5.4 Threat of new entrants
Exhibit 26: Threat of new entrants - Impact of key factors in 2022 and 2027
5.5 Threat of substitutes
Exhibit 27: Threat of substitutes - Impact of key factors in 2022 and 2027
5.6 Threat of rivalry
Exhibit 28: Threat of rivalry - Impact of key factors in 2022 and 2027
5.7 Market condition
Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Type

6.1 Market segments
Exhibit 30: Chart on Type - Market share 2022-2027 (%)
Exhibit 31: Data Table on Type - Market share 2022-2027 (%)
6.2 Comparison by Type
Exhibit 32: Chart on Comparison by Type
Exhibit 33: Data Table on Comparison by Type
6.3 Super conducting maglev - Market size and forecast 2022-2027
Exhibit 34: Chart on Super conducting maglev - Market size and forecast 2022-2027 ($ million)
Exhibit 35: Data Table on Super conducting maglev - Market size and forecast 2022-2027 ($ million)
Exhibit 36: Chart on Super conducting maglev - Year-over-year growth 2022-2027 (%)
Exhibit 37: Data Table on Super conducting maglev - Year-over-year growth 2022-2027 (%)
6.4 Normal conducting maglev - Market size and forecast 2022-2027
Exhibit 38: Chart on Normal conducting maglev - Market size and forecast 2022-2027 ($ million)
Exhibit 39: Data Table on Normal conducting maglev - Market size and forecast 2022-2027 ($ million)
Exhibit 40: Chart on Normal conducting maglev - Year-over-year growth 2022-2027 (%)
Exhibit 41: Data Table on Normal conducting maglev - Year-over-year growth 2022-2027 (%)
6.5 Market opportunity by Type
Exhibit 42: Market opportunity by Type ($ million)
Exhibit 43: Data Table on Market opportunity by Type ($ million)

7 Market Segmentation by Application

7.1 Market segments
Exhibit 44: Chart on Application - Market share 2022-2027 (%)
Exhibit 45: Data Table on Application - Market share 2022-2027 (%)
7.2 Comparison by Application
Exhibit 46: Chart on Comparison by Application
Exhibit 47: Data Table on Comparison by Application
7.3 Passenger - Market size and forecast 2022-2027
Exhibit 48: Chart on Passenger - Market size and forecast 2022-2027 ($ million)
Exhibit 49: Data Table on Passenger - Market size and forecast 2022-2027 ($ million)
Exhibit 50: Chart on Passenger - Year-over-year growth 2022-2027 (%)
Exhibit 51: Data Table on Passenger - Year-over-year growth 2022-2027 (%)
7.4 Freight - Market size and forecast 2022-2027
Exhibit 52: Chart on Freight - Market size and forecast 2022-2027 ($ million)
Exhibit 53: Data Table on Freight - Market size and forecast 2022-2027 ($ million)
Exhibit 54: Chart on Freight - Year-over-year growth 2022-2027 (%)
Exhibit 55: Data Table on Freight - Year-over-year growth 2022-2027 (%)
7.5 Market opportunity by Application
Exhibit 56: Market opportunity by Application ($ million)
Exhibit 57: Data Table on Market opportunity by Application ($ million)

8 Customer Landscape

8.1 Customer landscape overview
Exhibit 58: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
Exhibit 59: Chart on Market share By Geographical Landscape 2022-2027 (%)
Exhibit 60: Data Table on Market share By Geographical Landscape 2022-2027 (%)
9.2 Geographic comparison
Exhibit 61: Chart on Geographic comparison
Exhibit 62: Data Table on Geographic comparison
9.3 APAC - Market size and forecast 2022-2027
Exhibit 63: Chart on APAC - Market size and forecast 2022-2027 ($ million)
Exhibit 64: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
Exhibit 65: Chart on APAC - Year-over-year growth 2022-2027 (%)
Exhibit 66: Data Table on APAC - Year-over-year growth 2022-2027 (%)
9.4 Europe - Market size and forecast 2022-2027
Exhibit 67: Chart on Europe - Market size and forecast 2022-2027 ($ million)
Exhibit 68: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
Exhibit 69: Chart on Europe - Year-over-year growth 2022-2027 (%)
Exhibit 70: Data Table on Europe - Year-over-year growth 2022-2027 (%)
9.5 North America - Market size and forecast 2022-2027
Exhibit 71: Chart on North America - Market size and forecast 2022-2027 ($ million)
Exhibit 72: Data Table on North America - Market size and forecast 2022-2027 ($ million)
Exhibit 73: Chart on North America - Year-over-year growth 2022-2027 (%)
Exhibit 74: Data Table on North America - Year-over-year growth 2022-2027 (%)
9.6 South America - Market size and forecast 2022-2027
Exhibit 75: Chart on South America - Market size and forecast 2022-2027 ($ million)
Exhibit 76: Data Table on South America - Market size and forecast 2022-2027 ($ million)
Exhibit 77: Chart on South America - Year-over-year growth 2022-2027 (%)
Exhibit 78: Data Table on South America - Year-over-year growth 2022-2027 (%)
9.7 Middle East and Africa - Market size and forecast 2022-2027
Exhibit 79: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
Exhibit 80: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
Exhibit 81: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
Exhibit 82: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
9.8 China - Market size and forecast 2022-2027
Exhibit 83: Chart on China - Market size and forecast 2022-2027 ($ million)
Exhibit 84: Data Table on China - Market size and forecast 2022-2027 ($ million)
Exhibit 85: Chart on China - Year-over-year growth 2022-2027 (%)
Exhibit 86: Data Table on China - Year-over-year growth 2022-2027 (%)
9.9 Japan - Market size and forecast 2022-2027
Exhibit 87: Chart on Japan - Market size and forecast 2022-2027 ($ million)
Exhibit 88: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
Exhibit 89: Chart on Japan - Year-over-year growth 2022-2027 (%)
Exhibit 90: Data Table on Japan - Year-over-year growth 2022-2027 (%)
9.10 Germany - Market size and forecast 2022-2027
Exhibit 91: Chart on Germany - Market size and forecast 2022-2027 ($ million)
Exhibit 92: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
Exhibit 93: Chart on Germany - Year-over-year growth 2022-2027 (%)
Exhibit 94: Data Table on Germany - Year-over-year growth 2022-2027 (%)
9.11 South Korea - Market size and forecast 2022-2027
Exhibit 95: Chart on South Korea - Market size and forecast 2022-2027 ($ million)
Exhibit 96: Data Table on South Korea - Market size and forecast 2022-2027 ($ million)
Exhibit 97: Chart on South Korea - Year-over-year growth 2022-2027 (%)
Exhibit 98: Data Table on South Korea - Year-over-year growth 2022-2027 (%)
9.12 US - Market size and forecast 2022-2027
Exhibit 99: Chart on US - Market size and forecast 2022-2027 ($ million)
Exhibit 100: Data Table on US - Market size and forecast 2022-2027 ($ million)
Exhibit 101: Chart on US - Year-over-year growth 2022-2027 (%)
Exhibit 102: Data Table on US - Year-over-year growth 2022-2027 (%)
9.13 Market opportunity By Geographical Landscape
Exhibit 103: Market opportunity By Geographical Landscape ($ million)
Exhibit 104: Data Tables on Market opportunity By Geographical Landscape ($ million)

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 105: Impact of drivers and challenges in 2022 and 2027
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
Exhibit 106: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 107: Overview on factors of disruption
11.4 Industry risks
Exhibit 108: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
Exhibit 109: Vendors covered
12.2 Market positioning of vendors
Exhibit 110: Matrix on vendor position and classification
12.3 ALSTOM SA
Exhibit 111: ALSTOM SA - Overview
Exhibit 112: ALSTOM SA - Business segments
Exhibit 113: ALSTOM SA - Key offerings
Exhibit 114: ALSTOM SA - Segment focus
12.4 American Maglev Technology Inc.
Exhibit 115: American Maglev Technology Inc. - Overview
Exhibit 116: American Maglev Technology Inc. - Product / Service
Exhibit 117: American Maglev Technology Inc. - Key offerings
12.5 Central Japan Railway Co.
Exhibit 118: Central Japan Railway Co. - Overview
Exhibit 119: Central Japan Railway Co. - Product / Service
Exhibit 120: Central Japan Railway Co. - Key offerings
12.6 CRRC Corp. Ltd.
Exhibit 121: CRRC Corp. Ltd. - Overview
Exhibit 122: CRRC Corp. Ltd. - Product / Service
Exhibit 123: CRRC Corp. Ltd. - Key offerings
12.7 Hyundai Motor Co.
Exhibit 124: Hyundai Motor Co. - Overview
Exhibit 125: Hyundai Motor Co. - Business segments
Exhibit 126: Hyundai Motor Co. - Key news
Exhibit 127: Hyundai Motor Co. - Key offerings
Exhibit 128: Hyundai Motor Co. - Segment focus
12.8 Max Bogl Bauservice GmbH and Co. KG
Exhibit 129: Max Bogl Bauservice GmbH and Co. KG - Overview
Exhibit 130: Max Bogl Bauservice GmbH and Co. KG - Product / Service
Exhibit 131: Max Bogl Bauservice GmbH and Co. KG - Key offerings
12.9 Mitsubishi Heavy Industries Ltd.
Exhibit 132: Mitsubishi Heavy Industries Ltd. - Overview
Exhibit 133: Mitsubishi Heavy Industries Ltd. - Business segments
Exhibit 134: Mitsubishi Heavy Industries Ltd. - Key news
Exhibit 135: Mitsubishi Heavy Industries Ltd. - Key offerings
Exhibit 136: Mitsubishi Heavy Industries Ltd. - Segment focus
12.10 Northeast Maglev
Exhibit 137: Northeast Maglev - Overview
Exhibit 138: Northeast Maglev - Product / Service
Exhibit 139: Northeast Maglev - Key offerings
12.11 Shanghai Maglev Transportation Development Co. Ltd.
Exhibit 140: Shanghai Maglev Transportation Development Co. Ltd. - Overview
Exhibit 141: Shanghai Maglev Transportation Development Co. Ltd. - Product / Service
Exhibit 142: Shanghai Maglev Transportation Development Co. Ltd. - Key offerings
12.12 SwissRapide AG
Exhibit 143: SwissRapide AG - Overview
Exhibit 144: SwissRapide AG - Product / Service
Exhibit 145: SwissRapide AG - Key offerings

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 146: Inclusions checklist
Exhibit 147: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 148: Currency conversion rates for US$
13.4 Research methodology
Exhibit 149: Research methodology
Exhibit 150: Validation techniques employed for market sizing
Exhibit 151: Information sources
13.5 List of abbreviations
Exhibit 152: List of abbreviations