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Monorail Systems Market by Type, Propulsion Type, Size, and Region - Global Forecast to 2021

This Report provided by GrandResearchStore is about, the monorail systems market is estimated to be USD 4.68 billion in 2016, and is projected to grow at a CAGR of 2.75% from 2016 to 2021, to reach USD 5.36 billion by 2021. The growth of this market is fueled by increased infrastructure development and demand for public transport systems in the emerging economies.

This Report provided by GrandResearchStore is about, the monorail systems market is estimated to be USD 4.68 billion in 2016, and is projected to grow at a CAGR of 2.75% from 2016 to 2021, to reach USD 5.36 billion by 2021. The growth of this market is fueled by increased infrastructure development and demand for public transport systems in the emerging economies.

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The Asia-Pacific region is the fastest growing market for monorail systems. Research <strong>and</strong><br />

development efforts form an integral part of the Asia-Pacific economy. The dem<strong>and</strong> for<br />

public transport systems is increasing in developing regions such as Asia-Pacific as a<br />

measure for infrastructural development <strong>and</strong> economic growth. <strong>Monorail</strong> system<br />

manufacturers are exp<strong>and</strong>ing regionally <strong>to</strong> penetrate in different regions. The increase in<br />

dem<strong>and</strong> for alternative transportation will likely drive the monorail systems market in Asia-<br />

Pacific.<br />

The study contains insights from various industry experts, ranging from component<br />

suppliers <strong>to</strong> Tier 1 companies <strong>and</strong> OEMs. The break-up of the primaries is as follows:<br />

• By Company <strong>Type</strong> - Tier 1 - 52 %, Tier 2 - 27%, Tier 3 - 21%<br />

• By Designation - C level - 47%, D level - 37%, Others - 16%<br />

• By <strong>Region</strong> - North America - 30%, Europe - 18%, Asia-Pacific - 42%, RoW - 10%<br />

Major players profiled in the report are:<br />

• Bombardier Transportation (Canada)<br />

• Hitachi, Ltd. (Japan)<br />

• Scomi Engineering Bhd. (Malaysia)<br />

• Aerobus International, Inc. (USA)<br />

• Mitsubishi Heavy Industries, Ltd. (Japan)<br />

• Intamin Bahntechnik (Switzerl<strong>and</strong>)<br />

• Urbanaut <strong>Monorail</strong> Technology (USA)<br />

The report segments the monorail systems market <strong>and</strong> forecasts its size, <strong>by</strong> volume <strong>and</strong><br />

value, on the basis of region (North America, Asia-Pacific, Europe, <strong>and</strong> RoW), type (straddle<br />

<strong>and</strong> suspended), propulsion (electric <strong>and</strong> maglev), <strong>and</strong> size (large, medium <strong>and</strong> compact).<br />

Research Coverage:<br />

The report provides a picture on monorail systems across different regions. It aims at<br />

estimating the market size <strong>and</strong> future growth potential of this market across different<br />

segments such as <strong>by</strong> type, propulsion, size, <strong>and</strong> region. Furthermore, the report also<br />

includes an in-depth competitive analysis of the key players in the market along with their<br />

company profiles, SWOT analysis, recent developments, <strong>and</strong> key market strategies.<br />

Reasons <strong>to</strong> Buy the Report:<br />

The report provides insights about the following points:<br />

• <strong>Market</strong> Penetration: Comprehensive information about the global monorail systems<br />

market offered <strong>by</strong> the <strong>to</strong>p 10 players in the market<br />

• Product Development/Innovation: Detailed insights in<strong>to</strong> upcoming technologies, R&D<br />

activities, <strong>and</strong> new system launches in the global monorail systems market<br />

• <strong>Market</strong> Development: Comprehensive information about types of monorail systems. The<br />

report analyzes the market for various monorail systems across multiple regions<br />

• <strong>Market</strong> Diversification: Exhaustive information about new products, untapped regional<br />

markets, recent developments, <strong>and</strong> investments in the monorail systems market<br />

• Competitive Assessment: In-depth assessment of the market shares, strategies, products,

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