What are the major opportunities in the Passenger Rapid Transit System market? What are the strategies for the Passenger Rapid Transit System market?

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How does the Passenger Rapid Transit System market relate to the overall economy and other similar markets?

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What are the key dynamics influencing the Passenger Rapid Transit System market growth? SWOT analysis of the Passenger Rapid Transit System market.

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Passenger Rapid Transit System Market Size and growth rate 2025 to 2029: Graph

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Published : December 2025

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Passenger Rapid Transit System Global Market Report 2025

Name: Passenger Rapid Transit System Global Market Report 2025
Brand: The Business Research Company
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By Type (Monorail, Duorail, Automated Guide Way Transit or Maglev, Other Types), By Component (Hardware, Software, Services), By Application (Airports, Urban Transit, Amusement Parks, Commercial Center, Other Applications) - Market Size, Trends, And Global Forecast 2025-2034

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

What Is Covered Under Passenger Rapid Transit System Market?

The passenger rapid transit system refers to high-speed, high-capacity public transportation networks such as metro, light rail, and monorail systems designed for urban mobility. It provides frequent and efficient services to move large volumes of passengers across cities. These systems typically operate on exclusive tracks or lanes to avoid traffic congestion and ensure timely transit.

The main types of passenger rapid transit systems are monorail, duorail, automated guideway transit or maglev, and others. A monorail is a transportation system that operates on a single elevated track, commonly used for urban transit, airports, and amusement parks. Its components consist of hardware, software, and services serving the applications, such as airports, urban transit, amusement parks, commercial centers, and more.

What Is The Passenger Rapid Transit System Market Size 2025 And Growth Rate?

The passenger rapid transit system market size has grown strongly in recent years. It will grow from $57.55 billion in 2024 to $61.79 billion in 2025 at a compound annual growth rate (CAGR) of 7.4%. The growth in the historic period can be attributed to growing focus on reducing vehicular pollution, increasing demand for affordable and accessible mobility solutions, increasing deployment of intelligent transportation systems, rising consumer preference for hassle-free and time-saving travel options, and rising public awareness about the environmental benefits.

What Is The Passenger Rapid Transit System Market Growth Forecast?

The passenger rapid transit system market size is expected to see strong growth in the next few years. It will grow to $81.3 billion in 2029 at a compound annual growth rate (CAGR) of 7.1%. The growth in the forecast period can be attributed to increasing urbanization, rising traffic congestion, growing need for sustainable transportation, increasing government investments, and rising adoption of smart city initiatives. Major trends in the forecast period include advancements in automation technology, integration of real-time passenger information systems, developments in electric and hybrid propulsion technologies, advancements in smart ticketing solutions, and technological developments in lightweight materials.

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How Is The Passenger Rapid Transit System Market Segmented?

The passenger rapid transit system market covered in this report is segmented –

1) By Type: Monorail, Duorail, Automated Guide Way Transit or Maglev, Other Types

2) By Component: Hardware, Software, Services

3) By Application: Airports, Urban Transit, Amusement Parks, Commercial Center, Other Applications

Subsegments:

1) By Monorail: Straddle Type Monorail, Suspended Type Monorail

2) By Duorail: Dual-Track Duorail, Single-Track Duorail

3) By Automated Guide Way Transit (AGT) Or Maglev: Electromagnetic Levitation (Maglev), Non-Propulsion-Based Systems (AGT), Electro-dynamic Levitation (Maglev), Propulsion-Based Systems (AGT)

4) By Other Types: Cable Cars, Hybrid Systems, Personal Rapid Transit (PRT) Systems

What Is Driving The Passenger Rapid Transit System Market? Impact Of Population Growth And Urbanization On The Market Due To Increasing Demand For Efficient Urban Mobility

The increasing population and rapid urbanization are expected to propel the growth of the passenger rapid transit system market going forward. Population and rapid urbanization refer to the simultaneous increase in the number of people and the swift migration from rural to urban areas, resulting in expanding cities and changing socio-economic dynamics. Economic opportunity drives increasing population and rapid urbanization, as people migrate to cities in search of better jobs, higher wages, and improved access to services. The passenger rapid transit (PRT) system supports increasing population and rapid urbanization by providing efficient, reliable, and accessible transportation, enabling easier movement within growing urban areas and promoting the development of new urban zones. For instance, in 2024, according to the United Nations Population Fund, a US-based human rights group, more than half of the world's population now lives in urban areas, with projections suggesting this will rise to around 5 billion by 2030, largely in Africa and Asia. Therefore, the increasing population and rapid urbanization are driving the growth of the passenger rapid transit system market.

Who Are The Major Players In The Global Passenger Rapid Transit System Market?

Major companies operating in the passenger rapid transit system market are CRRC Corporation Limited, Mitsubishi Heavy Industries Ltd., Alstom SA, Kawasaki Heavy Industries Ltd., Siemens Mobility GmbH, Keolis Group, Transmashholding, Stadler Rail AG, Construcciones y Auxiliar de Ferrocarriles S.A., RATP Dev, ComfortDelGro Corporation Limited, Vectus Intelligent Transport Solutions, Hitachi Rail Limited, Titagarh Rail Systems Limited, Doppelmayr Cable Car, 2getthere Technologies B.V., Transdev Group, Ultra Global PRT, skyTran Inc., POMA Group.

What Are The Key Trends Of The Global Passenger Rapid Transit System Market? Advancements In Zero-Carbon Mobility And Smart Rail Technology Shaping The Future Of Passenger Rapid Transit

Major companies operating in the passenger rapid transit system market are focusing on developing innovative technologies such as zero-carbon mobility and smart rail technology to improve the overall performance and sustainability of transit networks. Zero-carbon mobility involves transportation systems powered by sustainable energy sources to eliminate emissions, while smart rail technology uses digital innovations such as AI, IoT, and data analytics to improve operational efficiency, safety, and user experience in rail networks. For instance, in September 2024, CRRC Corporation Limited, a China-based manufacturer of machinery and equipment, launched eco-friendly and intelligent passenger transport solutions. It reduces carbon emissions and enhances efficiency through renewable energy and smart technologies. They offer cleaner, safer, and more energy-efficient travel while improving passenger comfort and urban transit flexibility.

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What Are Latest Mergers And Acquisitions In The Passenger Rapid Transit System Market? VR Group Expands Nordic Footprint With Acquisition Of Arriva Group To Lead In Sustainable Public Transport

In July 2022, VR Group, a Finland-based railway company, acquired Arriva Group for an undisclosed amount. With this acquisition, VR Group aims to expand its Nordic footprint and lead in sustainable public transport. Arriva Group is a UK-based transport company that provides conventional public transportation services that could integrate with a passenger rapid transit system to improve urban mobility.

What Is The Regional Outlook For The Global Passenger Rapid Transit System Market?

Asia-Pacific was the largest region in the passenger rapid transit system market in 2024, and it is expected to be the fastest-growing region in the forecast period. The regions covered in the passenger rapid transit system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the passenger rapid transit system market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

What Defines the Passenger Rapid Transit System Market?

The passenger rapid transit system market includes revenues earned by entities by providing services such as on-demand ride services, ticketing and fare collection, and safety and security monitoring. The market value includes the value of related goods sold by the service provider or included within the service offering. The passenger rapid transit system market also includes sales of automated people movers, monorails, and commuter trains. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

How is Market Value Defined and Measured?

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

What is the Market Assessment and Strategic Outlook for the Passenger Rapid Transit System Industry?

The passenger rapid transit system market research report is one of a series of new reports from The Business Research Company that provides passenger rapid transit system market statistics, including the passenger rapid transit system industry's global market size, regional shares, competitors with the passenger rapid transit system market share, detailed passenger rapid transit system market segments, market trends and opportunities, and any further data you may need to thrive in the passenger rapid transit system market. This passenger rapid transit system market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Author : Abdul Wasay

Passenger Rapid Transit System Market Report Forecast Analysis

Report Attribute	Details
Market Size Value In 2025	$61.79 billion
Revenue Forecast In 2034	$81.3 billion
Growth Rate	CAGR of 7.1% from 2025 to 2034
Base Year For Estimation	2024
Actual Estimates/Historical Data	2019-2024
Forecast Period	2025 - 2029 - 2034
Market Representation	Revenue in USD Billion and CAGR from 2025 to 2034
Segments Covered	The passenger rapid transit system market covered in this report is segmented – 1) By Type: Monorail, Duorail, Automated Guide Way Transit or Maglev, Other Types 2) By Component: Hardware, Software, Services 3) By Application: Airports, Urban Transit, Amusement Parks, Commercial Center, Other Applications Subsegments: 1) By Monorail: Straddle Type Monorail, Suspended Type Monorail 2) By Duorail: Dual-Track Duorail, Single-Track Duorail 3) By Automated Guide Way Transit (AGT) Or Maglev: Electromagnetic Levitation (Maglev), Non-Propulsion-Based Systems (AGT), Electro-dynamic Levitation (Maglev), Propulsion-Based Systems (AGT) 4) By Other Types: Cable Cars, Hybrid Systems, Personal Rapid Transit (PRT) Systems
Regional Scope	Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Country Scope	The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. Additional countries that can be covered in the report are Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled	CRRC Corporation Limited, Mitsubishi Heavy Industries Ltd., Alstom SA, Kawasaki Heavy Industries Ltd., Siemens Mobility GmbH, Keolis Group, Transmashholding, Stadler Rail AG, Construcciones y Auxiliar de Ferrocarriles S.A., RATP Dev, ComfortDelGro Corporation Limited, Vectus Intelligent Transport Solutions, Hitachi Rail Limited, Titagarh Rail Systems Limited, Doppelmayr Cable Car, 2getthere Technologies B.V., Transdev Group, Ultra Global PRT, skyTran Inc., POMA Group.
Customization Scope	Request for Sample
Pricing And Purchase Options	Explore Purchase Options

1. Executive Summary

2. Passenger Rapid Transit System Market Characteristics

3. Passenger Rapid Transit System Market Trends And Strategies

4. Passenger Rapid Transit System Market - Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics, Trade Wars and Tariffs, And Covid And Recovery On The Market

5. Global Passenger Rapid Transit System Growth Analysis And Strategic Analysis Framework

5.1. Global Passenger Rapid Transit System PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)

5.2. Analysis Of End Use Industries

5.3. Global Passenger Rapid Transit System Market Growth Rate Analysis

5.4. Global Passenger Rapid Transit System Historic Market Size and Growth, 2019 - 2024, Value ($ Billion)

5.5. Global Passenger Rapid Transit System Forecast Market Size and Growth, 2024 - 2029, 2034F, Value ($ Billion)

5.6. Global Passenger Rapid Transit System Total Addressable Market (TAM)

6. Passenger Rapid Transit System Market Segmentation

6.1. Global Passenger Rapid Transit System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Monorail

Duorail

Automated Guide Way Transit or Maglev

Other Types

6.2. Global Passenger Rapid Transit System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Hardware

Software

Services

6.3. Global Passenger Rapid Transit System Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Airports

Urban Transit

Amusement Parks

Commercial Center

Other Applications

6.4. Global Passenger Rapid Transit System Market, Sub-Segmentation Of Monorail, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Straddle Type Monorail

Suspended Type Monorail

6.5. Global Passenger Rapid Transit System Market, Sub-Segmentation Of Duorail, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Dual-Track Duorail

Single-Track Duorail

6.6. Global Passenger Rapid Transit System Market, Sub-Segmentation Of Automated Guide Way Transit (AGT) Or Maglev, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Electromagnetic Levitation (Maglev)

Non-Propulsion-Based Systems (AGT)

Electro-dynamic Levitation (Maglev)

Propulsion-Based Systems (AGT)

6.7. Global Passenger Rapid Transit System Market, Sub-Segmentation Of Other Types, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Cable Cars

Hybrid Systems

Personal Rapid Transit (PRT) Systems

7. Passenger Rapid Transit System Market Regional And Country Analysis

7.1. Global Passenger Rapid Transit System Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

7.2. Global Passenger Rapid Transit System Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8. Asia-Pacific Passenger Rapid Transit System Market

8.1. Asia-Pacific Passenger Rapid Transit System Market Overview

Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

8.2. Asia-Pacific Passenger Rapid Transit System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8.3. Asia-Pacific Passenger Rapid Transit System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8.4. Asia-Pacific Passenger Rapid Transit System Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

9. China Passenger Rapid Transit System Market

9.1. China Passenger Rapid Transit System Market Overview

9.2. China Passenger Rapid Transit System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

9.3. China Passenger Rapid Transit System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

9.4. China Passenger Rapid Transit System Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

10. India Passenger Rapid Transit System Market

10.1. India Passenger Rapid Transit System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

10.2. India Passenger Rapid Transit System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

10.3. India Passenger Rapid Transit System Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11. Japan Passenger Rapid Transit System Market

11.1. Japan Passenger Rapid Transit System Market Overview

11.2. Japan Passenger Rapid Transit System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11.3. Japan Passenger Rapid Transit System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11.4. Japan Passenger Rapid Transit System Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12. Australia Passenger Rapid Transit System Market

12.1. Australia Passenger Rapid Transit System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12.2. Australia Passenger Rapid Transit System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12.3. Australia Passenger Rapid Transit System Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13. Indonesia Passenger Rapid Transit System Market

13.1. Indonesia Passenger Rapid Transit System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13.2. Indonesia Passenger Rapid Transit System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13.3. Indonesia Passenger Rapid Transit System Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14. South Korea Passenger Rapid Transit System Market

14.1. South Korea Passenger Rapid Transit System Market Overview

14.2. South Korea Passenger Rapid Transit System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14.3. South Korea Passenger Rapid Transit System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14.4. South Korea Passenger Rapid Transit System Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15. Western Europe Passenger Rapid Transit System Market

15.1. Western Europe Passenger Rapid Transit System Market Overview

15.2. Western Europe Passenger Rapid Transit System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15.3. Western Europe Passenger Rapid Transit System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15.4. Western Europe Passenger Rapid Transit System Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16. UK Passenger Rapid Transit System Market

16.1. UK Passenger Rapid Transit System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16.2. UK Passenger Rapid Transit System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16.3. UK Passenger Rapid Transit System Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17. Germany Passenger Rapid Transit System Market

17.1. Germany Passenger Rapid Transit System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17.2. Germany Passenger Rapid Transit System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17.3. Germany Passenger Rapid Transit System Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18. France Passenger Rapid Transit System Market

18.1. France Passenger Rapid Transit System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18.2. France Passenger Rapid Transit System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18.3. France Passenger Rapid Transit System Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19. Italy Passenger Rapid Transit System Market

19.1. Italy Passenger Rapid Transit System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19.2. Italy Passenger Rapid Transit System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19.3. Italy Passenger Rapid Transit System Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20. Spain Passenger Rapid Transit System Market

20.1. Spain Passenger Rapid Transit System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20.2. Spain Passenger Rapid Transit System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20.3. Spain Passenger Rapid Transit System Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21. Eastern Europe Passenger Rapid Transit System Market

21.1. Eastern Europe Passenger Rapid Transit System Market Overview

21.2. Eastern Europe Passenger Rapid Transit System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21.3. Eastern Europe Passenger Rapid Transit System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21.4. Eastern Europe Passenger Rapid Transit System Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22. Russia Passenger Rapid Transit System Market

22.1. Russia Passenger Rapid Transit System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22.2. Russia Passenger Rapid Transit System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22.3. Russia Passenger Rapid Transit System Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23. North America Passenger Rapid Transit System Market

23.1. North America Passenger Rapid Transit System Market Overview

23.2. North America Passenger Rapid Transit System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23.3. North America Passenger Rapid Transit System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23.4. North America Passenger Rapid Transit System Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24. USA Passenger Rapid Transit System Market

24.1. USA Passenger Rapid Transit System Market Overview

24.2. USA Passenger Rapid Transit System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24.3. USA Passenger Rapid Transit System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24.4. USA Passenger Rapid Transit System Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25. Canada Passenger Rapid Transit System Market

25.1. Canada Passenger Rapid Transit System Market Overview

25.2. Canada Passenger Rapid Transit System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25.3. Canada Passenger Rapid Transit System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25.4. Canada Passenger Rapid Transit System Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26. South America Passenger Rapid Transit System Market

26.1. South America Passenger Rapid Transit System Market Overview

26.2. South America Passenger Rapid Transit System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26.3. South America Passenger Rapid Transit System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26.4. South America Passenger Rapid Transit System Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27. Brazil Passenger Rapid Transit System Market

27.1. Brazil Passenger Rapid Transit System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27.2. Brazil Passenger Rapid Transit System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27.3. Brazil Passenger Rapid Transit System Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28. Middle East Passenger Rapid Transit System Market

28.1. Middle East Passenger Rapid Transit System Market Overview

28.2. Middle East Passenger Rapid Transit System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28.3. Middle East Passenger Rapid Transit System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28.4. Middle East Passenger Rapid Transit System Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29. Africa Passenger Rapid Transit System Market

29.1. Africa Passenger Rapid Transit System Market Overview

29.2. Africa Passenger Rapid Transit System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29.3. Africa Passenger Rapid Transit System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29.4. Africa Passenger Rapid Transit System Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

30. Passenger Rapid Transit System Market Competitive Landscape And Company Profiles

30.1. Passenger Rapid Transit System Market Competitive Landscape

30.2. Passenger Rapid Transit System Market Company Profiles

30.2.1. CRRC Corporation Limited Overview, Products and Services, Strategy and Financial Analysis

30.2.2. Mitsubishi Heavy Industries Ltd. Overview, Products and Services, Strategy and Financial Analysis

30.2.3. Alstom SA Overview, Products and Services, Strategy and Financial Analysis

30.2.4. Kawasaki Heavy Industries Ltd. Overview, Products and Services, Strategy and Financial Analysis

30.2.5. Siemens Mobility GmbH Overview, Products and Services, Strategy and Financial Analysis

31. Passenger Rapid Transit System Market Other Major And Innovative Companies

31.1. Keolis Group

31.2. Transmashholding

31.3. Stadler Rail AG

31.4. Construcciones y Auxiliar de Ferrocarriles S.A.

31.5. RATP Dev

31.6. ComfortDelGro Corporation Limited

31.7. Vectus Intelligent Transport Solutions

31.8. Hitachi Rail Limited

31.9. Titagarh Rail Systems Limited

31.10. Doppelmayr Cable Car

31.11. 2getthere Technologies B.V.

31.12. Transdev Group

31.13. Ultra Global PRT

31.14. skyTran Inc.

31.15. POMA Group

32. Global Passenger Rapid Transit System Market Competitive Benchmarking And Dashboard

33. Key Mergers And Acquisitions In The Passenger Rapid Transit System Market

34. Recent Developments In The Passenger Rapid Transit System Market

35. Passenger Rapid Transit System Market High Potential Countries, Segments and Strategies

35.1 Passenger Rapid Transit System Market In 2029 - Countries Offering Most New Opportunities

35.2 Passenger Rapid Transit System Market In 2029 - Segments Offering Most New Opportunities

35.3 Passenger Rapid Transit System Market In 2029 - Growth Strategies

35.3.1 Market Trend Based Strategies

35.3.2 Competitor Strategies

36. Appendix

36.1. Abbreviations

36.2. Currencies

36.3. Historic And Forecast Inflation Rates

36.4. Research Inquiries

36.5. The Business Research Company

36.6. Copyright And Disclaimer

List Of Tables

Table 1: Global Historic Market Growth, 2019-2024, $ Billion

Table 2: Global Forecast Market Growth, 2024-2029F, 2034F, $ Billion

Table 3: Global Passenger Rapid Transit System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 4: Global Passenger Rapid Transit System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 5: Global Passenger Rapid Transit System Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 6: Global Passenger Rapid Transit System Market, Sub-Segmentation Of Monorail, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 7: Global Passenger Rapid Transit System Market, Sub-Segmentation Of Duorail, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 8: Global Passenger Rapid Transit System Market, Sub-Segmentation Of Automated Guide Way Transit (AGT) Or Maglev, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 9: Global Passenger Rapid Transit System Market, Sub-Segmentation Of Other Types, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 10: Global Passenger Rapid Transit System Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 11: Global Passenger Rapid Transit System Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 12: Asia-Pacific, Passenger Rapid Transit System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 13: Asia-Pacific, Passenger Rapid Transit System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 14: Asia-Pacific, Passenger Rapid Transit System Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 15: China, Passenger Rapid Transit System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 16: China, Passenger Rapid Transit System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 17: China, Passenger Rapid Transit System Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 18: India, Passenger Rapid Transit System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 19: India, Passenger Rapid Transit System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 20: India, Passenger Rapid Transit System Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 21: Japan, Passenger Rapid Transit System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 22: Japan, Passenger Rapid Transit System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 23: Japan, Passenger Rapid Transit System Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 24: Australia, Passenger Rapid Transit System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 25: Australia, Passenger Rapid Transit System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 26: Australia, Passenger Rapid Transit System Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 27: Indonesia, Passenger Rapid Transit System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 28: Indonesia, Passenger Rapid Transit System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 29: Indonesia, Passenger Rapid Transit System Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 30: South Korea, Passenger Rapid Transit System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 31: South Korea, Passenger Rapid Transit System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 32: South Korea, Passenger Rapid Transit System Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 33: Western Europe, Passenger Rapid Transit System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 34: Western Europe, Passenger Rapid Transit System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 35: Western Europe, Passenger Rapid Transit System Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 36: UK, Passenger Rapid Transit System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 37: UK, Passenger Rapid Transit System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 38: UK, Passenger Rapid Transit System Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 39: Germany, Passenger Rapid Transit System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 40: Germany, Passenger Rapid Transit System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 41: Germany, Passenger Rapid Transit System Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 42: France, Passenger Rapid Transit System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 43: France, Passenger Rapid Transit System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 44: France, Passenger Rapid Transit System Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 45: Italy, Passenger Rapid Transit System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 46: Italy, Passenger Rapid Transit System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 47: Italy, Passenger Rapid Transit System Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 48: Spain, Passenger Rapid Transit System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 49: Spain, Passenger Rapid Transit System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 50: Spain, Passenger Rapid Transit System Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 51: Eastern Europe, Passenger Rapid Transit System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 52: Eastern Europe, Passenger Rapid Transit System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 53: Eastern Europe, Passenger Rapid Transit System Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 54: Russia, Passenger Rapid Transit System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 55: Russia, Passenger Rapid Transit System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 56: Russia, Passenger Rapid Transit System Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 57: North America, Passenger Rapid Transit System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 58: North America, Passenger Rapid Transit System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 59: North America, Passenger Rapid Transit System Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 60: USA, Passenger Rapid Transit System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 61: USA, Passenger Rapid Transit System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 62: USA, Passenger Rapid Transit System Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 63: Canada, Passenger Rapid Transit System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 64: Canada, Passenger Rapid Transit System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 65: Canada, Passenger Rapid Transit System Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 66: South America, Passenger Rapid Transit System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 67: South America, Passenger Rapid Transit System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 68: South America, Passenger Rapid Transit System Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 69: Brazil, Passenger Rapid Transit System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 70: Brazil, Passenger Rapid Transit System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 71: Brazil, Passenger Rapid Transit System Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 72: Middle East, Passenger Rapid Transit System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 73: Middle East, Passenger Rapid Transit System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 74: Middle East, Passenger Rapid Transit System Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 75: Africa, Passenger Rapid Transit System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 76: Africa, Passenger Rapid Transit System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 77: Africa, Passenger Rapid Transit System Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 78: CRRC Corporation Limited Financial Performance

Table 79: Mitsubishi Heavy Industries Ltd. Financial Performance

Table 80: Alstom SA Financial Performance

Table 81: Kawasaki Heavy Industries Ltd. Financial Performance

Table 82: Siemens Mobility GmbH Financial Performance

List Of Figures

Figure 1: Global Historic Market Growth, 2019-2024, $ Billion

Figure 2: Global Forecast Market Growth, 2024-2029F, 2034F, $ Billion

Figure 3: Global Passenger Rapid Transit System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 4: Global Passenger Rapid Transit System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 5: Global Passenger Rapid Transit System Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 6: Global Passenger Rapid Transit System Market, Sub-Segmentation Of Monorail, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 7: Global Passenger Rapid Transit System Market, Sub-Segmentation Of Duorail, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 8: Global Passenger Rapid Transit System Market, Sub-Segmentation Of Automated Guide Way Transit (AGT) Or Maglev, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 9: Global Passenger Rapid Transit System Market, Sub-Segmentation Of Other Types, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 10: Global Passenger Rapid Transit System Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 11: Global Passenger Rapid Transit System Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 12: Asia-Pacific, Passenger Rapid Transit System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 13: Asia-Pacific, Passenger Rapid Transit System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 14: Asia-Pacific, Passenger Rapid Transit System Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 15: China, Passenger Rapid Transit System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 16: China, Passenger Rapid Transit System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 17: China, Passenger Rapid Transit System Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 18: India, Passenger Rapid Transit System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 19: India, Passenger Rapid Transit System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 20: India, Passenger Rapid Transit System Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 21: Japan, Passenger Rapid Transit System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 22: Japan, Passenger Rapid Transit System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 23: Japan, Passenger Rapid Transit System Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 24: Australia, Passenger Rapid Transit System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 25: Australia, Passenger Rapid Transit System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 26: Australia, Passenger Rapid Transit System Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 27: Indonesia, Passenger Rapid Transit System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 28: Indonesia, Passenger Rapid Transit System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 29: Indonesia, Passenger Rapid Transit System Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 30: South Korea, Passenger Rapid Transit System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 31: South Korea, Passenger Rapid Transit System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 32: South Korea, Passenger Rapid Transit System Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 33: Western Europe, Passenger Rapid Transit System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 34: Western Europe, Passenger Rapid Transit System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 35: Western Europe, Passenger Rapid Transit System Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 36: UK, Passenger Rapid Transit System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 37: UK, Passenger Rapid Transit System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 38: UK, Passenger Rapid Transit System Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 39: Germany, Passenger Rapid Transit System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 40: Germany, Passenger Rapid Transit System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 41: Germany, Passenger Rapid Transit System Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 42: France, Passenger Rapid Transit System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 43: France, Passenger Rapid Transit System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 44: France, Passenger Rapid Transit System Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 45: Italy, Passenger Rapid Transit System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 46: Italy, Passenger Rapid Transit System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 47: Italy, Passenger Rapid Transit System Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 48: Spain, Passenger Rapid Transit System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 49: Spain, Passenger Rapid Transit System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 50: Spain, Passenger Rapid Transit System Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 51: Eastern Europe, Passenger Rapid Transit System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 52: Eastern Europe, Passenger Rapid Transit System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 53: Eastern Europe, Passenger Rapid Transit System Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 54: Russia, Passenger Rapid Transit System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 55: Russia, Passenger Rapid Transit System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 56: Russia, Passenger Rapid Transit System Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 57: North America, Passenger Rapid Transit System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 58: North America, Passenger Rapid Transit System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 59: North America, Passenger Rapid Transit System Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 60: USA, Passenger Rapid Transit System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 61: USA, Passenger Rapid Transit System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 62: USA, Passenger Rapid Transit System Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 63: Canada, Passenger Rapid Transit System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 64: Canada, Passenger Rapid Transit System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 65: Canada, Passenger Rapid Transit System Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 66: South America, Passenger Rapid Transit System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 67: South America, Passenger Rapid Transit System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 68: South America, Passenger Rapid Transit System Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 69: Brazil, Passenger Rapid Transit System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 70: Brazil, Passenger Rapid Transit System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 71: Brazil, Passenger Rapid Transit System Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 72: Middle East, Passenger Rapid Transit System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 73: Middle East, Passenger Rapid Transit System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 74: Middle East, Passenger Rapid Transit System Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 75: Africa, Passenger Rapid Transit System Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 76: Africa, Passenger Rapid Transit System Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 77: Africa, Passenger Rapid Transit System Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 78: CRRC Corporation Limited Financial Performance

Figure 79: Mitsubishi Heavy Industries Ltd. Financial Performance

Figure 80: Alstom SA Financial Performance

Figure 81: Kawasaki Heavy Industries Ltd. Financial Performance

Figure 82: Siemens Mobility GmbH Financial Performance

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Frequently Asked Questions

What is the definition of the Passenger Rapid Transit System market?

How will the Passenger Rapid Transit System market drivers and restraints affect the market dynamics? What forces will shape the Passenger Rapid Transit System industry going forward?

The Passenger Rapid Transit System market major growth driver - Impact Of Population Growth And Urbanization On The Market Due To Increasing Demand For Efficient Urban Mobility. For further insights on the Passenger Rapid Transit System market, request a sample here

What is the forecast market size or the forecast market value of the Passenger Rapid Transit System market?

The Passenger Rapid Transit System market size has grown strongly in recent years. The passenger rapid transit system market size has grown strongly in recent years. It will grow from $57.55 billion in 2024 to $61.79 billion in 2025 at a compound annual growth rate (CAGR) of 7.4%. The growth in the historic period can be attributed to growing focus on reducing vehicular pollution, increasing demand for affordable and accessible mobility solutions, increasing deployment of intelligent transportation systems, rising consumer preference for hassle-free and time-saving travel options, and rising public awareness about the environmental benefits. The passenger rapid transit system market size is expected to see strong growth in the next few years. It will grow to $81.3 billion in 2029 at a compound annual growth rate (CAGR) of 7.1%. The growth in the forecast period can be attributed to increasing urbanization, rising traffic congestion, growing need for sustainable transportation, increasing government investments, and rising adoption of smart city initiatives. Major trends in the forecast period include advancements in automation technology, integration of real-time passenger information systems, developments in electric and hybrid propulsion technologies, advancements in smart ticketing solutions, and technological developments in lightweight materials. For further insights on the Passenger Rapid Transit System market, request a sample here

How is the Passenger Rapid Transit System market segmented?

The passenger rapid transit system market covered in this report is segmented –
1) By Type: Monorail, Duorail, Automated Guide Way Transit or Maglev, Other Types
2) By Component: Hardware, Software, Services
3) By Application: Airports, Urban Transit, Amusement Parks, Commercial Center, Other Applications

Subsegments:
1) By Monorail: Straddle Type Monorail, Suspended Type Monorail
2) By Duorail: Dual-Track Duorail, Single-Track Duorail
3) By Automated Guide Way Transit (AGT) Or Maglev: Electromagnetic Levitation (Maglev), Non-Propulsion-Based Systems (AGT), Electro-dynamic Levitation (Maglev), Propulsion-Based Systems (AGT)
4) By Other Types: Cable Cars, Hybrid Systems, Personal Rapid Transit (PRT) Systems For further insights on the Passenger Rapid Transit System market, request a sample here

Which region has the largest share of the Passenger Rapid Transit System market? What are the other regions covered in the report?

Who are the major players in the Passenger Rapid Transit System market?

What are the key trends in the Passenger Rapid Transit System market?

Major trends in the Passenger Rapid Transit System market include Advancements In Zero-Carbon Mobility And Smart Rail Technology Shaping The Future Of Passenger Rapid Transit. For further insights on the Passenger Rapid Transit System market, request a sample here.