Market Overview:
The global automated people mover system market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for public transportation and rising concerns for environmental pollution. Additionally, the growing trend of urbanization is also expected to fuel the demand for automated people mover systems in the coming years. The monorail segment is projected to lead the global automated people mover system market during the forecast period, owing to its advantages such as low cost and easy installation.
Product Definition:
An automated people mover (APM) is a type of grade-separated transit system. It uses either electric power, diesel power or magnetic levitation to move vehicles from one point to another. Automated people movers are commonly found in airports and shopping malls.
Monorail:
Monorail is a single rail track system which moves passengers and goods in a continuous loop. It's operation can be described as follows: there are two parallel rails, one behind the other; when a train is sent from one end of the rails, it returns to the starting point after moving along the entire length of track.
Duorail:
Duorail is a single-arm, automated people mover system. It was developed by Bombardier in the early 80s and has been used extensively across their transportation systems. The Duorail APMS is an automated people mover that can transport up to 500 passengers at a time using two rubber tires with metal rims.
Application Insights:
The airports segment dominated the global automated people mover system market in 2017. The growing air transportation industry is expected to contribute towards the growth of this segment over the forecast period. The increasing number of passengers traveling has led to an increase in airport construction, which is anticipated to boost demand for APM systems at airports over the forecast period.
APM systems are widely used at shopping or commercial centers as they provide easy access for pedestrians and cyclists and reduce traffic congestion around busy shopping malls or commercial complexes by providing a convenient alternative mode of transport. Furthermore, these systems help reduce parking problems associated with popular retail stores by transporting customers from parking lots to main entrances quickly and efficiently while protecting valuable time required for waiting in line at shops or departmental stores. These benefits are expected to drive their adoption rate among consumers particularly during peak holiday seasons such as Christmas Eve, Christmas Day, New Year¢â‚¬â„¢s Eve/Day etc.
Regional Analysis:
Asia Pacific dominated the global market in 2017. The region is expected to continue its dominance over the forecast period as well, owing to increasing investments in metro construction projects and technological advancements. For instance, China has implemented a maglev train system between Beijing and Shanghai which travels at speeds of up to 300 km/h (186 mph). Japan has also built an automated people mover that runs on magnetic levitation technology for increased speed and efficiency.
The Middle East & Africa is projected to grow at a significant rate over the forecast period owing to rising demand for public transportation systems with reduced waiting time. Dubai’s monorail service started operating in 2014, while Saudi Arabia opened its first people mover station in Jeddah’s western suburb of Makkah this year which links two commercial centers including King Abdullah Economic City (KSA) and Entertainment City (UAE).
Growth Factors:
- Increasing demand for public transportation: The APM system market is expected to grow at a CAGR of over 7% from 2016 to 2024, owing to the increasing demand for public transportation across the globe. This is mainly due to the rising population and rapid urbanization, which has resulted in increased traffic congestion in cities.
- Government initiatives for smart city development: Governments around the world are investing in smart city development projects, which is expected to drive the growth of the APM system market during the forecast period. For instance, In February 2016, Dubai announced plans to develop 25 smart cities over a period of 10 years at a cost of USD 3 billion. These initiatives will require efficient and advanced transportation systems such as APM systems.
- Technological advancements: The APM system market is witnessing significant advancements in technology with respect to automation and connectivity features such as RFID tags and GPS tracking systems that are helping improve efficiency and safety measures respectively.. For instance, Bombardier’s Innovia Metro 300 features an automatic train control (ATC) system that helps optimize operations by reducing energy consumption and improving on-time performance.. Such technological advancements are likely to propelthe growth oftheAPMSystemmarketduringtheforecastperiod .
Scope Of The Report
Report Attributes
Report Details
Report Title
Automated People Mover System Market Research Report
By Type
Monorail, Duorail, Automated Guide Way Transit Or Maglev, Others
By Application
Airports, Urban Transit, Amusement Parks, Shopping or Commercial Center, Others
By Companies
Mitsubishi Heavy Industries, Bombardier, Ansaldo STS (Hitachi), TPI Composites, Strukton, Doppelmayr Cable Car (Doppelmayr/Garaventa Group), Chance Rides, Inc., Parry People Movers Ltd., POMA
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
202
Number of Tables & Figures
142
Customization Available
Yes, the report can be customized as per your need.
Global Automated People Mover System Market Report Segments:
The global Automated People Mover System market is segmented on the basis of:
Types
Monorail, Duorail, Automated Guide Way Transit Or Maglev, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Airports, Urban Transit, Amusement Parks, Shopping or Commercial Center, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Mitsubishi Heavy Industries
- Bombardier
- Ansaldo STS (Hitachi)
- TPI Composites
- Strukton
- Doppelmayr Cable Car (Doppelmayr/Garaventa Group)
- Chance Rides, Inc.
- Parry People Movers Ltd.
- POMA
Highlights of The Automated People Mover System Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Monorail
- Duorail
- Automated Guide Way Transit Or Maglev
- Others
- By Application:
- Airports
- Urban Transit
- Amusement Parks
- Shopping or Commercial Center
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Automated People Mover System Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
An automated people mover system (APMS) is a type of public transportation that uses an automated guideway to move passengers between stations. APMS systems are typically found in large metropolitan areas and can transport thousands of passengers per hour.
Some of the major companies in the automated people mover system market are Mitsubishi Heavy Industries, Bombardier, Ansaldo STS (Hitachi), TPI Composites, Strukton, Doppelmayr Cable Car (Doppelmayr/Garaventa Group), Chance Rides, Inc., Parry People Movers Ltd., POMA.
The automated people mover system market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Automated People Mover System Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Automated People Mover System Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Automated People Mover System Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Automated People Mover System Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Automated People Mover System Market Size & Forecast, 2018-2028
4.5.1 Automated People Mover System Market Size and Y-o-Y Growth
4.5.2 Automated People Mover System Market Absolute $ Opportunity
Chapter 5 Global Automated People Mover System Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Automated People Mover System Market Size Forecast by Type
5.2.1 Monorail
5.2.2 Duorail
5.2.3 Automated Guide Way Transit Or Maglev
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Automated People Mover System Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Automated People Mover System Market Size Forecast by Applications
6.2.1 Airports
6.2.2 Urban Transit
6.2.3 Amusement Parks
6.2.4 Shopping or Commercial Center
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Automated People Mover System Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Automated People Mover System Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Automated People Mover System Analysis and Forecast
9.1 Introduction
9.2 North America Automated People Mover System Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Automated People Mover System Market Size Forecast by Type
9.6.1 Monorail
9.6.2 Duorail
9.6.3 Automated Guide Way Transit Or Maglev
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Automated People Mover System Market Size Forecast by Applications
9.10.1 Airports
9.10.2 Urban Transit
9.10.3 Amusement Parks
9.10.4 Shopping or Commercial Center
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Automated People Mover System Analysis and Forecast
10.1 Introduction
10.2 Europe Automated People Mover System Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Automated People Mover System Market Size Forecast by Type
10.6.1 Monorail
10.6.2 Duorail
10.6.3 Automated Guide Way Transit Or Maglev
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Automated People Mover System Market Size Forecast by Applications
10.10.1 Airports
10.10.2 Urban Transit
10.10.3 Amusement Parks
10.10.4 Shopping or Commercial Center
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Automated People Mover System Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Automated People Mover System Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Automated People Mover System Market Size Forecast by Type
11.6.1 Monorail
11.6.2 Duorail
11.6.3 Automated Guide Way Transit Or Maglev
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Automated People Mover System Market Size Forecast by Applications
11.10.1 Airports
11.10.2 Urban Transit
11.10.3 Amusement Parks
11.10.4 Shopping or Commercial Center
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Automated People Mover System Analysis and Forecast
12.1 Introduction
12.2 Latin America Automated People Mover System Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Automated People Mover System Market Size Forecast by Type
12.6.1 Monorail
12.6.2 Duorail
12.6.3 Automated Guide Way Transit Or Maglev
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Automated People Mover System Market Size Forecast by Applications
12.10.1 Airports
12.10.2 Urban Transit
12.10.3 Amusement Parks
12.10.4 Shopping or Commercial Center
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Automated People Mover System Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Automated People Mover System Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Automated People Mover System Market Size Forecast by Type
13.6.1 Monorail
13.6.2 Duorail
13.6.3 Automated Guide Way Transit Or Maglev
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Automated People Mover System Market Size Forecast by Applications
13.10.1 Airports
13.10.2 Urban Transit
13.10.3 Amusement Parks
13.10.4 Shopping or Commercial Center
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Automated People Mover System Market: Competitive Dashboard
14.2 Global Automated People Mover System Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Mitsubishi Heavy Industries
14.3.2 Bombardier
14.3.3 Ansaldo STS (Hitachi)
14.3.4 TPI Composites
14.3.5 Strukton
14.3.6 Doppelmayr Cable Car (Doppelmayr/Garaventa Group)
14.3.7 Chance Rides, Inc.
14.3.8 Parry People Movers Ltd.
14.3.9 POMA
