The automated people mover market is expected to witness market growth at a rate of 6.10% in the forecast period of 2021 to 2028 and is expected to reach USD 4,103.00 million by 2028..
This industry analysis document offers a deeper analysis of the latest and future trends of the global Automated People Mover Market. This market report makes available the market potential for each geographical region based on the growth rate, macroeconomic parameters, consumer buying patterns, and market demand and supply scenarios. As per this report, the market is expected to grow at a substantial Compound Annual Growth Rate (CAGR) during the forecast period 2023-2030. Readers of the report are also provided with far-reaching geographical analysis to provide a clear understanding of the regional growth of the market. It also gives widespread study about different market segments and regions.
Market players can use this analysis to gain a competitive advantage over their competitors. Automated People Mover Market document covers all major regions and countries for studying market parameters. The regional analysis will help market players to tap into unexplored regional markets, prepare specific strategies for target regions, and compare the growth of all regional markets. The Global Automated People Mover Market report endows with the basic information about industry, definition, classification, application, industry chain structure, industry overview and international market analysis. The Automated People Mover Market underlines the global key manufacturers, to define, describe and analyze the market competition landscape with the help of SWOT analysis.
Automated People Mover Market Scope and Market Size
The automated people mover market is segmented on the basis of system type and application. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
· On the basis of system type, the automated people mover market is segmented into monorail, duorail, automated guideway transit or maglev and others.
· On the basis of application, the automated people mover market is segmented into airports, urban transit, amusement parks, shopping or commercial centers and others.
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Market Analysis and Insights - Automated People Mover Market
Ø The automated people mover market is expected to witness market growth at a rate of 6.10% in the forecast period of 2021 to 2028 and is expected to reach USD 4,103.00 million by 2028. Data Bridge Market Research report on automated people mover market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The increasing demand for the movers is escalating the growth of automated people mover market.
Ø Automated people movers are extensively utilized for those short rides to transfer a relatively large group of about 300 passengers per ride in a small timescale. They assist passengers in travelling faster between terminals, concourses and gates. Their use leads to a shorter minimum connecting time and a shorter origin to destination time. Airports are emphasizing on the enhancement of travel experience of passengers to generate more income. This is considered a technologically-advanced transit system with more operating effectiveness than a conventional transit system.
Ø The increasing demand of these movers because of the necessity of efficient interconnection between airport terminals and city centers act as one of the major factors driving the growth of automated people mover market. The high adoption of automated people mover as they require low capital investments while also providing require low capital investments which ensure maximum passenger room in the system accelerate the automated people mover market growth. The increasing preference towards automated people movers over conventional transit systems as they impose less maintenance costs while the later impose less maintenance costs causing high expenses further influence the automated people mover market.
Ø On the other hand, the concerns regarding the maintenance of the movers are expected to obstruct the automated people mover market growth. The negative impact of COVID-19 on various industries especially travel sector is projected to challenge the automated people mover market in the forecast period of 2021-2028.
The report answers questions such as:
1) What is the market size and forecast of the Automated People Mover Market?
2) What are the inhibiting factors and impact of COVID-19 shaping the Automated People Mover Market during the forecast period?
3) Which are the products/segments/applications/areas to invest in over the forecast period in the Automated People Mover Market?
4) What is the competitive strategic window for opportunities in the Automated People Mover Market?
5) What are the technology trends and regulatory frameworks in the Automated People Mover Market?
6) What is the market share of the leading vendors in the Automated People Mover Market?
7) What modes and strategic moves are considered suitable for entering the Automated People Mover Market?
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Automated People Mover Market Country Level Analysis
The automated people mover market is analyzed and market size, volume information is provided by country, system type and application as referenced above.
The countries covered in the global automated people mover market report are the U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
North America dominates the automated people mover market because of the high adoption of automated people mover systems and increasing air passenger density and expansion of airports in the region.
Key Players- Automated People Mover Market
The automated people mover market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to automated people mover market.
The major players covered in the automated people mover market report are
· MITSUBISHI HEAVY INDUSTRIES, LTD.,
· Bombardier,
· Verdict Media Limited,
· TPI Composites,
· STRUKTON,
· Doppelmayr Cable Car GmbH,
· LEITNER AG,
· Chance Rides, Inc.,
· Parry People Movers,
· Leitner-Poma of America, Inc.,
· Ma.Tra Company s.r.l, Siemens,
· Len,
· WED Transportation Systems,
· Coester,
· Niigata Transys Co.,Ltd among other domestic and global players.
Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
MAJOR TOC OF THE REPORT
· Chapter One: Introduction
· Chapter Two: Market Segmentation
· Chapter Three: Market Overview
· Chapter Four: Executive Summary
· Chapter Five: Premium Insights
· Chapter Six: Automated People Mover Market by product type, Application, Form, End User and distribution channel.
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