Market Overview:
The global hyperloop technology market is expected to reach a value of US$ 1.30 Billion in 2022. Looking forward, IMARC Group expects the market to reach levels worth US$ 7.19 Billion by 2027, exhibiting a CAGR of 40.80% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.
Hyperloop technology is an ultra-high-speed ground transportation system with a capsule-like vehicle operating inside a sealed vacuum tube with low pressure. It comprises sealed and partially evacuated tubes that assist in connecting mobility hubs in large metropolitan areas and pressurized vehicles. It relies on magnetic levitation to reduce the friction of tubes and tunnels and carry passengers and cargo. It is faster than alternative modes of transportation, such as air, water, road, and rail. Besides this, as hyperloop technology is energy-efficient, immune to bad weather conditions, and resistant to against earthquakes and other natural calamities, its demand is escalating around the world.
Hyperloop Technology Market Trends:
The growing need for a faster mode of transportation across the globe represents one of the key factors driving the market. Moreover, rising concerns about environmental degradation, depletion of natural resources and air pollution caused by conventional transportation vehicles are propelling the growth of the market. In addition, the hyperloop technology decongests traffic and minimizes noise and its network requires lesser land area as compared to other transportation systems. Additionally, it is tolerant to earthquakes and other natural calamities as it is built on pylons wherein the tube carrying passenger pods are designed above the ground level. These benefits, along with the rising utilization of solar energy to enhance fundamental transportation ways and making it more efficient and profitable, are expected to positively influence the market. Furthermore, key market players are extensively investing in research and development (R&D) activities to minimize the costs of hyperloop technology and test and display the developed technologies for commercialization. These strategies are expected to bolster the growth of the market in the upcoming years.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global hyperloop technology market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on component type, speed and carriage type.
Breakup by Component Type:
- Tube
- Propulsion System
- Capsule
- Others
Breakup by Speed:
- More than 700 kmph
- Less than 700 kmph
Breakup by Carriage Type:
Breakup by Region:
- North America
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Aecom, Dinclix GroundWorks Private Limited, Hardt B.V., Hyperloop Transportation Technologies, Tesla Inc., TransPod Inc., Virgin Hyperloop and Zeleros Hyperloop.
Report Coverage:
| Report Features |
Details |
|---|
| Base Year of the Analysis |
2022 |
| Forecast Period |
2022-2027 |
| Units |
US$ Billion |
| Segment Coverage |
Component Type, Speed, Carriage Type, Region |
| Region Covered |
Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
| Countries Covered |
United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
| Companies Covered |
Aecom, Dinclix GroundWorks Private Limited, Hardt B.V., Hyperloop Transportation Technologies, Tesla Inc., TransPod Inc., Virgin Hyperloop and Zeleros Hyperloop. |
| Customization Scope |
10% Free Customization |
| Report Price and Purchase Option |
Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499 |
| Post-Sale Analyst Support |
10-12 Weeks |
| Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Hyperloop Technology Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Component Type
6.1 Tube
6.1.1 Market Trends and Forecast
6.2 Propulsion System
6.2.1 Market Trends and Forecast
6.3 Capsule
6.3.1 Market Trends and Forecast
6.4 Others
6.4.1 Market Trends and Forecast
7 Market Breakup by Speed
7.1 More than 700 kmph
7.1.1 Market Trends and Forecast
7.2 Less than 700 kmph
7.2.1 Market Trends and Forecast
8 Market Breakup by Carriage Type
8.1 Passenger
8.1.1 Market Trends and Forecast
8.2 Cargo/Freight
8.2.1 Market Trends and Forecast
9 Market Breakup by Region
9.1 North America
9.1.1 United States
9.1.1.1 Market Trends and Forecast
9.1.2 Canada
9.1.2.1 Market Trends and Forecast
9.2 Asia-Pacific
9.2.1 China
9.2.1.1 Market Trends and Forecast
9.2.2 Japan
9.2.2.1 Market Trends and Forecast
9.2.3 India
9.2.3.1 Market Trends and Forecast
9.2.4 South Korea
9.2.4.1 Market Trends and Forecast
9.2.5 Australia
9.2.5.1 Market Trends and Forecast
9.2.6 Indonesia
9.2.6.1 Market Trends and Forecast
9.2.7 Others
9.2.7.1 Market Trends and Forecast
9.3 Europe
9.3.1 Germany
9.3.1.1 Market Trends and Forecast
9.3.2 France
9.3.2.1 Market Trends and Forecast
9.3.3 United Kingdom
9.3.3.1 Market Trends and Forecast
9.3.4 Italy
9.3.4.1 Market Trends and Forecast
9.3.5 Spain
9.3.5.1 Market Trends and Forecast
9.3.6 Russia
9.3.6.1 Market Trends and Forecast
9.3.7 Others
9.3.7.1 Market Trends and Forecast
9.4 Latin America
9.4.1 Brazil
9.4.1.1 Market Trends and Forecast
9.4.2 Mexico
9.4.2.1 Market Trends and Forecast
9.4.3 Others
9.4.3.1 Market Trends and Forecast
9.5 Middle East and Africa
9.5.1 Market Trends and Forecast
9.5.2 Market Breakup by Country
10 SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 Aecom
14.3.1.1 Company Overview
14.3.1.2 Product Portfolio
14.3.1.3 Financials
14.3.1.4 SWOT Analysis
14.3.2 Dinclix GroundWorks Private Limited
14.3.2.1 Company Overview
14.3.2.2 Product Portfolio
14.3.3 Hardt B.V.
14.3.3.1 Company Overview
14.3.3.2 Product Portfolio
14.3.4 Hyperloop Transportation Technologies
14.3.4.1 Company Overview
14.3.4.2 Product Portfolio
14.3.5 Tesla Inc.
14.3.5.1 Company Overview
14.3.5.2 Product Portfolio
14.3.5.3 Financials
14.3.5.4 SWOT Analysis
14.3.6 TransPod Inc.
14.3.6.1 Company Overview
14.3.6.2 Product Portfolio
14.3.7 Virgin Hyperloop
14.3.7.1 Company Overview
14.3.7.2 Product Portfolio
14.3.8 Zeleros Hyperloop
14.3.8.1 Company Overview
14.3.8.2 Product Portfolio
List of Figures
Figure 1: Global: Hyperloop Technology Market: Major Drivers and Challenges
Figure 2: Global: Hyperloop Technology Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 3: Global: Hyperloop Technology Market: Breakup by Component Type (in %), 2022
Figure 4: Global: Hyperloop Technology Market: Breakup by Speed (in %), 2022
Figure 5: Global: Hyperloop Technology Market: Breakup by Carriage Type (in %), 2022
Figure 6: Global: Hyperloop Technology Market: Breakup by Region (in %), 2022
Figure 7: Global: Hyperloop Technology (Tube) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 8: Global: Hyperloop Technology (Propulsion System) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 9: Global: Hyperloop Technology (Capsule) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 10: Global: Hyperloop Technology (Other Components) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 11: Global: Hyperloop Technology (More than 700 kmph) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 12: Global: Hyperloop Technology (Less than 700 kmph) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 13: Global: Hyperloop Technology (Passenger) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: Global: Hyperloop Technology (Cargo/Freight) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 15: North America: Hyperloop Technology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: United States: Hyperloop Technology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 17: Canada: Hyperloop Technology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: Asia-Pacific: Hyperloop Technology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 19: China: Hyperloop Technology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: Japan: Hyperloop Technology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 21: India: Hyperloop Technology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: South Korea: Hyperloop Technology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 23: Australia: Hyperloop Technology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: Indonesia: Hyperloop Technology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 25: Others: Hyperloop Technology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: Europe: Hyperloop Technology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 27: Germany: Hyperloop Technology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: France: Hyperloop Technology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 29: United Kingdom: Hyperloop Technology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: Italy: Hyperloop Technology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 31: Spain: Hyperloop Technology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: Russia: Hyperloop Technology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 33: Others: Hyperloop Technology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 34: Latin America: Hyperloop Technology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 35: Brazil: Hyperloop Technology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 36: Mexico: Hyperloop Technology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 37: Others: Hyperloop Technology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 38: Middle East and Africa: Hyperloop Technology Market: Breakup by Country (in %), 2022
Figure 39: Middle East and Africa: Hyperloop Technology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 40: Global: Hyperloop Technology Industry: SWOT Analysis
Figure 41: Global: Hyperloop Technology Industry: Value Chain Analysis
Figure 42: Global: Hyperloop Technology Industry: Porter's Five Forces Analysis
List of Tables
Table 1: Global: Hyperloop Technology Market: Key Industry Highlights, 2022 and 2027
Table 2: Global: Hyperloop Technology Market Forecast: Breakup by Component Type (in Million US$), 2022-2027
Table 3: Global: Hyperloop Technology Market Forecast: Breakup by Speed (in Million US$), 2022-2027
Table 4: Global: Hyperloop Technology Market Forecast: Breakup by Carriage Type (in Million US$), 2022-2027
Table 5: Global: Hyperloop Technology Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 6: Global: Hyperloop Technology Market: Competitive Structure
Table 7: Global: Hyperloop Technology Market: Key Players