Press release
Automated People Mover Market Forecast 2025-2034: Comprehensive Analysis And Growth Opportunities
Automated People Mover Market Size
What Is the Projected Growth of the Automated People Mover Market?
The automated people mover market has grown steadily, rising from $2.76 billion in 2024 to $2.95 billion in 2025 at a CAGR of 6.9%. Contributing factors have included growing airport transit needs, urban expansion, airport construction worldwide, infrastructure investment, time-saving transport preferences, and a push for intelligent mobility solutions.
The automated people mover market is expected to reach $3.82 billion in 2029 at a CAGR of 6.7%, supported by public transit demand and sustainability goals, with trends including automation technologies, safety innovations, and energy-efficient systems.
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What Are the Different Automated People Mover Market Segments?
The automated people mover market covered in this report is segmented -
1) By System Type: Monorail, Duo Rail, Automated Guide Way Transit Or Maglev
2) By Technology: Conventional, Driverless, Hybrid
3) By Capacity: Low, Medium, High
4) By Application: Airport, Urban Transit, Amusements Parks, Shopping Or Commercial Centers, Other Applications
Subsegments:
1) By Monorail: Straddle-Type Monorail Systems, Suspended Monorail Systems, Urban And Airport Monorail Systems, Light-Duty Monorail Systems
2) By Duo Rail: Dual-Mode Transport Systems, Elevated Duo Rail Systems, Ground-Based Duo Rail Systems, Hybrid Transportation Systems
3) By Automated Guideway Transit (AGT) Or Maglev: Agt Systems For Urban Transit, Maglev Systems For High-Speed Travel, Low-Speed Agt For Airports Or Theme Parks, High-Capacity Agt Systems, Linear Induction Motor (LIM) Maglev Systems
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What Are the Primary Drivers Shaping the Automated People Mover Market?
The rise in demand for public transportation is also expected to spur growth in the automated people mover market. As public transit use increases due to urbanization and environmental concerns, automated people movers are integrated into systems like subways and buses to enhance efficiency. According to the American Public Transportation Association, there was a 16% increase in transit trips in 2023, underscoring the growing need for such automated systems.
Which Companies Are Leading in the Automated People Mover Market?
Major companies operating in the automated people mover market are BYD Company Ltd., Mitsubishi Heavy Industries Ltd., Thales, Alstom SA, Kawasaki Heavy Industries Ltd., Siemens Mobility, IHI Corporation, Westinghouse Electric Company, Stadler Rail AG, Hyundai Rotem Company Ltd., TPI Composites Inc., Vossloh, Von Roll, Doppelmayr Seilbahnen GmbH, Hitachi Rail Ltd., CAF Power & Automation, LEITNER, Intamin Transportation Ltd., POMA, PT Len Industri
What Trends Are Expected to Dominate the Automated People Mover Market in the Next 5 Years?
Companies in the automated people mover market are developing driverless train systems to alleviate traffic congestion and offer efficient transportation options. In August 2022, Los Angeles International Airport (LAX), a US-based airport, launched an automated people mover (APM) system that features driverless trains, which can carry 200 passengers at 47 mph, reducing airport congestion and pollution.
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What Are the Top Revenue-Generating Geographies in the Automated People Mover Market?
North America was the largest region in the automated people mover market in 2024. The regions covered in the automated people mover market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Automated People Mover Market?
2. What is the CAGR expected in the Automated People Mover Market?
3. What Are the Key Innovations Transforming the Automated People Mover Industry?
4. Which Region Is Leading the Automated People Mover Market?
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