2025-2034 Automated People Mover Market Outlook: Key Drivers, Emerging Challenges, and Strategic Insights

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What Will the Automated People Mover Industry Market Size Be by 2025?
The market for automated people movers has seen considerable growth in the past years. The market is expected to increase from $2.76 billion in 2024 to $2.95 billion in 2025, with a compound annual growth rate (CAGR) of 6.9%. The historic expansion in the market can be linked to the growing need for transportation solutions in airports due to increasing urbanization, the global increase in number of airports, higher infrastructure investments, improved travel times, enhanced comfort, and escalating demand for intelligent mobility solutions.

What's the Long-Term Growth Forecast for the Automated People Mover Market Size Through 2029?
Expectations suggest that the automated people mover market will experience significant expansion in the coming years. The market is projected to rise to $3.82 billion by 2029, with a compound annual growth rate (CAGR) of 6.7%. The anticipated growth over the forecast duration can be ascribed to an escalating demand for public transport, enhanced security and safety requirements, an increased call for energy-efficient transit solutions, a sharper focus on environmental sustainability and a growing necessity for space-efficiency. Noticable trends during the projected period include the taking up of automated people movers technology, advancements in APM systems, more sophisticated automation and security strategies, energy-saving technologies, and the launch of state-of-the-art transit technologies.

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What Are the Key Growth Drivers Fueling the Automated People Mover Market Expansion?
The anticipated surge in public transportation requirements is likely to bolster the expansion of the automated people mover market. Public transit systems, operated by government or private entities, are meant to cater to the commuting needs of the general populace. A variety of reasons, including infrastructure development, population explosion, urbanization, and environmental considerations, accounts for the surging demand for these transit services. Automated People Movers (APMs) integrate flawlessly with subways, buses, and trains, presenting automatic transportation alternatives, thereby minimising bottlenecks. This symbiotic relationship streamlines urban commuting, simplifying the riders' journeys. As reported by the non-profit American Public Transportation Association in April 2024, the number of commuters who tapped into public transport services swelled to 7.1 billion in 2023, a significant rise of 16% from 2022. Consequently, the escalating reliance on public transport is fuelling the growth of the automated people mover market.

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What Are the Key Trends Driving Automated People Mover Market Growth?
Leading corporations in the automated people mover market are creating innovative driverless train systems to lessen car traffic and deliver an effective and quick transportation alternative. These driverless train systems are a type of quick transport method that functions without any onboard driver or conductor, facilitating precise positioning of trains and enabling remote communication between the trains and trackside equipment, ensuring a safe operation. For example, in August 2022, Los Angeles International Airport (LAX), a US-based global airport company, unveiled its inaugural automated people mover (APM) train car. These trains can carry up to 200 passengers and can move at speeds of 47 mph. These train cars are 98% recyclable, thereby reducing air pollution by limiting the number of cars accessing the main terminal area of the airport. The maintenance and storage structure has solar panels and uses highly efficient mechanical and electrical systems. Each train car consists of four vehicles with wider doors that allow passengers and their luggage to comfortably fit.

How Is the Automated People Mover Market Segmented?
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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Which Companies Are Leading the Charge in Automated People Mover Market Innovation?
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

Which Regions Are Leading the Global Automated People Mover Market in Revenue?
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.

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