Monorail Market Is Estimated to Reach US $195 Bn by 2026 & Projected to Expand at a CAGR of 22% in 2018-2026
Monorail is a train which utilizes a single track, made of either metal or concrete. The monorail is guided and supported by wheels mounted beneath the train, which are continuously in contact with the track. Generally, monorails are powered by electricity provided through a third rail mounted along the track. The maglev type of monorail is powered by magnetic lavation and utilizes two sets of magnets, one is for raising the vehicle above the track and the other to propel...
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