Albany, NY -- (SBWIRE) -- 06/03/2019 -- Monorail Market – Overview
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 the vehicle. Monorail trains generally have three or four cars and can have up to eight cars. Monorails trains are wider than the track; hence requires minimum space.
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The monorail system is a transportation system commonly referred as a beam way for an elevated system, supported along a single rail. A monorail is a railway that uses a single elevated rail track and acts as a mode of rapid mass transport (MRT). It uses equipment and infrastructure, which is less massive than heavy rail modes, such as commuter and metro rail systems or subways.
Monorail systems is a single rail track service for passengers. The main key drivers for the growth of the monorail systems are urbanization and increased demand for cost effective & efficient transportation for public services. Straddle monorail by monorail type is estimated to acquire largest share in the global monorail systems market. As straddle monorail system are easy to install without having spent on expensive track-line construction and also provides safety, reliability, and maintainability compared to suspended monorail systems. Furthermore, electric monorail system by propulsion type is estimated to be fastest growing segment in the market of monorail systems as they are energy efficient, reliable and environment friendly.
In 2018, the global Monorail System market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2019-2025.
This report focuses on the global Monorail System status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Monorail System development in United States, Europe and China.
The key players covered in this study
Bombardier
Hitachi
Mitsubishi
Siemens
Alstom
Bradken
CAF
CRRC
DCD Rail
Downer
olane
INTAMIN Deutschland
Japan Transport
Engineering Company
Newag
Scomi Engineering Bhd
PKC Group
Sinara Transport Machines
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Market segment by Type, the product can be split into
Straddle
Suspended
Market segment by Application, split into
Monorail Manufacturers
Monorails material suppliers
Industry associations and experts
The Monorail Society
Railroad Authorities/Organizations
Industry Experts
OEMs
Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India
Central & South America
The study objectives of this report are:
To analyze global Monorail System status, future forecast, growth opportunity, key market and key players.
To present the Monorail System development in United States, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.
In this study, the years considered to estimate the market size of Monorail System are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
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