Global Monorail Market Analysis

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Global Monorail Market Analysis

  • Automotive
  • Apr 2021
  • Global
  • 350 Pages
  • No of Tables: 60
  • No of Figures: 220

  • Monorail is railway systems which consist of single rail which are usually made of concrete and metals. These monorails have wheels under the train which were usually in contact with the track. They are used in applications like airport transportation, medium metros among others.
  • Asia-Pacific dominates the Monorail market with the largest revenue share of 49.11% in 2025, characterized by rise in the industrialization, increase in the technological advancement and development in monorail and rise in the prevalence for cost- effective public transport system in this region
  • North America is the expected region in terms of growth in monorail market due to rise in the space optimization, rise in the technological developments and rise in the traffic congestion in these regions.
  • Straddle Monorail segment is expected to dominate the Monorail market with a market share of 45.23% in 2025, driven by its cost-efficiency and ability to navigate urban spaces effectively.

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