The maglev train is a modern high-tech rail vehicle that uses the electromagnetic force to realize the contactless suspension and guidance between the train and the track, and then uses the electromagnetic force generated by the linear motor to pull the train.
This report contains market size and forecasts of Maglev Train in global, including the following market information:
Global Maglev Train Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Maglev Train Market Sales, 2017-2022, 2023-2028, (Units)
Global top five Maglev Train companies in 2021 (%)
The global Maglev Train market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Normal Conducting Magnetic Levitation Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Maglev Train include American Maglev Technology Inc, CRRC, Transrapid, Mitsubishi Heavy Industries, Rotem, Alstom and Japan Railways, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Maglev Train manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Maglev Train Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Maglev Train Market Segment Percentages, by Type, 2021 (%)
Normal Conducting Magnetic Levitation
Superconducting Maglev
Global Maglev Train Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Maglev Train Market Segment Percentages, by Application, 2021 (%)
Urban Interior Traffic
Intercity Traffic
Others
Global Maglev Train Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Maglev Train Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Maglev Train revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Maglev Train revenues share in global market, 2021 (%)
Key companies Maglev Train sales in global market, 2017-2022 (Estimated), (Units)
Key companies Maglev Train sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
American Maglev Technology Inc
CRRC
Transrapid
Mitsubishi Heavy Industries
Rotem
Alstom
Japan Railways