The Global Automated People Mover Market is expected to grow at a compound annual growth rate of 6.10% in the forecast period of 2021 to 2028 and is likely to reach a value of USD 4,103.00 million by 2028. The high demand of these movers because of the necessity of efficient interconnection between airport terminals is a significant factor driving the market growth rate.
Likewise, the innovative technologies to develop modern automated people movers and the high demand for customized solutions and sustainable transportation solutions aircraft will produce lucrative opportunities for the growth of the automated people mover market.
Automated People Mover Market Scenario
According to Data Bridge Market Research the market for automated people mover is expected to gain growth because of the high adoption of automated people mover as they require low capital investments. Also the rise in the preference towards automated people movers over conventional transit systems as they impose less maintenance costs and the increase in the need for fast, reliable, and cost-effective transportation solutions are also expected to fuel the demand of the automated people mover market over the forecast period of 2021 to 2028. Whereas, the demand for disk brakes in the vehicles is expected to hinder the growth of the automated people mover market in the aforementioned forecast period.
Now the question is which are the other regions that automated people mover market is targeting? Data Bridge Market Research has estimated North America to dominate the market due to high adoption of automated people mover systems and rise in the air passenger density.
For more analysis on the automated people mover market request for a briefing with our analysts https://www.databridgemarketresearch.com/speak-to-analyst/?dbmr=global-automated-people-mover-market
Automated People Mover Market Scope
Automated people mover market is segmented on the basis of countries into 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).
- All country based analysis of automated people mover market is further analyzed based on maximum granularity into further segmentation. 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.
- Automated people movers are widely utilized for those short rides to transfer a comparatively large group of about 300 passengers per ride in a small timescale. They help passengers in travelling faster between terminals, concourses and gates.
To know more about the study, https://www.databridgemarketresearch.com/reports/global-automated-people-mover-market
Key Pointers Covered in the Automated People Mover Market Industry Trends and Forecast to 2028
- Market Size
- Market New Sales Volumes
- Market Replacement Sales Volumes
- Market Installed Base
- Market By Brands
- Market Procedure Volumes
- Market Product Price Analysis
- Market Cost of Care Analysis
- Market Shares in Different Regions
- Recent Developments for Market Competitors
- Market Upcoming Applications
- Market Innovators Study
Key Market Competitors Covered in the Report
- 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
Above are the key players covered in the report, to know about more and exhaustive list of automated people mover companies’ contact us https://www.databridgemarketresearch.com/toc/?dbmr=global-automated-people-mover-market
Research Methodology of Global Automated People Mover Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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