Press release
Leading Companies Reinforcing Their Presence in the Automated People Mover Market
Automated People Mover
_x000D_
Projected Market Size and Growth of the Automated People Mover Market _x000D_
The automated people mover market is poised for significant expansion, expected to reach a value of $3.64 billion by 2029. This growth translates to a compound annual growth rate (CAGR) of 5.7% over the forecast period. Key factors propelling this upward trend include a growing need for public transportation, enhanced safety and security demands, the rising popularity of energy-efficient transit solutions, a heightened focus on sustainability, and the increasing importance of optimizing space usage in urban environments. Looking ahead, the market will continue to evolve with trends such as widespread adoption of automated people mover technologies, continuous technological advancements, improved automation and safety protocols, energy-saving innovations, and the rollout of cutting-edge transit systems._x000D_
_x000D_
Download a free sample of the automated people mover market report:_x000D_
https://www.thebusinessresearchcompany.com/sample.aspx?id=16595&type=smp_x000D_
_x000D_
Leading Companies Steering the Automated People Mover Market _x000D_
The automated people mover industry features several major players known for their technological expertise and innovation. Some of the top companies include 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, and PT Len Industri. In a notable development in July 2024, Shanghai Alstom Transport Electrical Equipment Co., Ltd. (SATEE) partnered with Alstom to create a joint venture called Hefei Alstom Rail Transport Equipment Co., Ltd. (HATEE). This collaboration highlights Alstom's strong commitment to expanding its presence in China's rail transit market and aims to strengthen industrial capabilities in Anhui Province and Hefei City._x000D_
_x000D_
Emerging Innovations and Trends in the Automated People Mover Industry _x000D_
Automated people mover companies are increasingly focusing on driverless train systems designed to ease road congestion and offer quick, efficient transit options. These driverless systems operate without onboard drivers, relying on precise train positioning and wireless communication between trains and trackside equipment to ensure safe and reliable operations. For example, in August 2022, Los Angeles International Airport (LAX) introduced its first automated people mover train car. This system has the capacity to transport up to 200 passengers per train, traveling at speeds of 47 mph. The train cars are built with sustainability in mind, featuring 98% recyclable materials and designed to reduce pollution by limiting the number of vehicles entering the airport's main terminal area. Additionally, the maintenance and storage facility incorporates solar panels and energy-efficient mechanical and electrical systems. Each train set consists of four vehicles equipped with wider doors to accommodate passengers and their luggage comfortably._x000D_
_x000D_
View the full automated people mover market report:_x000D_
https://www.thebusinessresearchcompany.com/report/automated-people-mover-global-market-report_x000D_
_x000D_
How Segmentation Breaks Down the Automated People Mover Market _x000D_
This report segments the automated people mover market based on system type, technology, capacity, and application areas. System types include Monorail, Duo Rail, Automated Guideway Transit (AGT), or Maglev systems. The technology classification covers Conventional, Driverless, and Hybrid systems. Capacity segments are divided into Low, Medium, and High categories. Applications span Airports, Urban Transit, Amusement Parks, Shopping or Commercial Centers, and other relevant fields. Further subcategories detail system types such as Straddle-Type Monorail Systems, Suspended Monorail Systems, Urban and Airport Monorail Systems, Light-Duty Monorail Systems, Dual-Mode Transport Systems, Elevated and Ground-Based Duo Rail Systems, Hybrid Transportation Systems, AGT systems for urban transit, high-speed Maglev travel, low-speed AGT for airports or theme parks, high-capacity AGT systems, and Linear Induction Motor (LIM) Maglev systems._x000D_
_x000D_
Regional Market Outlook and Growth Dynamics _x000D_
The automated people mover market is witnessing robust activity across various regions, with particular advancements in Asia and North America. Although North America holds a significant market share, the Asia-Pacific region is expected to experience the fastest growth due to rapid urbanization and increased investments in public transit infrastructure. This geographical analysis covers major global markets including Western Europe, Eastern Europe, South America, and the Middle East and Africa, providing a thorough understanding of regional trends and opportunities._x000D_
_x000D_
Reach out to us:
The Business Research Company: https://www.thebusinessresearchcompany.com/,
Americas +1 310-496-7795,
Europe +44 7882 955267,
Asia & Others +44 7882 955267 & +91 8897263534,
Email us at info@tbrc.info.
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Learn More About The Business Research Company
With over 17500+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead.Our flagship product, the Global Market Model (GMM), is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Leading Companies Reinforcing Their Presence in the Automated People Mover Market here
News-ID: 4321181 • Views: …
More Releases from The Business Research Company
Lubricants Market Overview, Key Growth Factors, and Top Company Analysis
The lubricants industry is on a steady growth path, driven by multiple factors that are reshaping the market landscape. As demand for efficient and sustainable lubrication solutions rises, the sector is witnessing innovation and expansion across automotive, marine, and industrial applications. Let's explore the market's expected value, key players, emerging trends, and segmentation to understand its future trajectory._x000D_
_x000D_
Projected Market Value of the Lubricants Industry by 2029 _x000D_
The lubricants market…
Global Drivers Analysis: The Rapid Evolution of the Heavy Trucks Market
The heavy trucks market is on a steady upward trajectory, driven by technological advancements and evolving industry demands. As innovations continue to reshape transportation, this market is positioned for significant growth, supported by emerging trends and strategic collaborations among key players.
Expected Market Valuation and Growth Forecast for Heavy Trucks
The heavy trucks market is projected to expand steadily, reaching a valuation of $76.71 billion by 2029. This growth corresponds…
Leading Companies Reinforcing Their Standing in the Video Equipment Market
The audio and video equipment industry is experiencing steady advancement as new technologies and changing consumer habits reshape the way people interact with media. This market's evolution is driven by the widespread adoption of smart devices and the increasing demand for versatile entertainment and communication solutions. Below, we explore the market size, key players, emerging trends, and segment forecasts that define this sector's trajectory.
Projected Market Value and Growth for the…
Worldwide Trends Overview: The Rapid Transformation of the Coaxial Cables Market
The coaxial cables market is poised for significant expansion in the coming years, driven by technological advancements and growing demand across various industries. As communication and connectivity needs evolve, this sector is set to experience robust growth, propelled by innovations and increasing applications.
Market Size and Growth Forecast of the Coaxial Cables Market
The size of the coaxial cables market is projected to reach $43.18 billion by 2029, growing at…
More Releases for Automated
Automated Fiber Placements And Automated Tape Laying (AFP- ATL) Machines Market …
According to Market Research Intellect, the global Automated Fiber Placements And Automated Tape Laying (AFP- ATL) Machines market under the Internet, Communication and Technology category is expected to register notable growth from 2025 to 2032. Key drivers such as advancing technologies, changing consumer behavior, and evolving market dynamics are poised to shape the trajectory of this market throughout the forecast period.
The market for automated tape laying (ATL) and automated fiber…
Ace Automated Gates | Austin Enhances Security with Premium Automated Gate Solut …
Ace Automated Gates | Austin enhances property security with premium automated gate solutions. Specializing in gate installation, repair, and advanced access control systems, they provide high-quality electric and motorized gates for residential and commercial properties. Offering expert craftsmanship and durable materials, they ensure long-lasting security and convenience.
Austin, TX - Home and business owners seeking enhanced security, convenience, and style can now rely on Ace Automated Gates | Austin [https://aceautomatedgatesaustin.com/] for…
Automated Autoinjectors Market
The "Automated Autoinjectors Market" is expected to reach USD xx.x billion by 2031, indicating a compound annual growth rate (CAGR) of xx.x percent from 2024 to 2031. The market was valued at USD xx.x billion In 2023.
Growing Demand and Growth Potential in the Global Automated Autoinjectors Market, 2024-2031
Verified Market Research's most recent report, "Automated Autoinjectors Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2030," provides an in-depth examination…
Automated Journalism Market All Sets for Continued Outperformance: Automated Ins …
HTF MI introduces new research on Automated Journalism covering the micro level of analysis by competitors and key business segments (2024-2030). The Automated Journalism explores a comprehensive study of various segments like opportunities, size, development, innovation, sales, and overall growth of major players. The research is carried out on primary and secondary statistics sources and it consists of both qualitative and quantitative detailing. Some of the major key players profiled…
Automated Fiber Placements and Automated Tape Laying (AFP- ATL) Machines Market …
Automated fiber placement and automated tape laying machines are used for the fabrication of composites parts used in aerospace and defense industries. These machines help in precisely placing fiber tapes, tows and sheets on molds or cores to manufacture composite parts with high strength and lightweight properties.
Market Dynamics:
Increasing demand from aerospace and defense industry is one of the major factors estimated to boost the growth of the AFP- ATL machines…
Automated Microbiology Market - Efficiency Meets Accuracy: Redefining Microbiolo …
Newark, New Castle, USA: The "Automated Microbiology Market" provides a value chain analysis of revenue for the anticipated period from 2022 to 2030. The report will include a full and comprehensive analysis of the business operations of all market leaders in this industry, as well as their in-depth market research, historical market development, and information about their market competitors
Automated Microbiology Market: https://www.growthplusreports.com/report/automated-microbiology-market/7801
This latest report researches the industry structure, sales, revenue,…
