Global Automated People Mover Market Size By System Type (Monorail, Duorail, Automated Guide Way Transit Or Maglev), By Application (Airports, Urban Transit, Amusement Parks), By Geographic Scope And Forecast

Automated People Mover Market Size And Forecast

Automated People Mover Market size was valued at USD 2.4 Billion in 2022 and is projected to reach USD 3.6 Billion by 2030, growing at a CAGR of 4.8% from 2023 to 2030.

Rising demand for Airport transport solutions will drive market sales. Air travel is growing more popular due to factors such as reduced travel time and greater comfort. The number of airports in the globe is growing, as is the size of the airports. Terminal interconnection and multimodal transit must be dependable and efficient. At airports, automated people movers are commonly employed to transport passengers with short wait periods. Automated people movers are used for short trips to transfer a big number of around 300 people in a short amount of time.

Global Automated People Mover Market Definition

Imagine an Automated People Mover (APM) as a completely driverless, automated transportation system designed to shuttle people around a specific area. Think of it like a form of public transport that follows a set path, often with a clear purpose. For example, an APM might link Airport terminals, connect different areas of a large campus or resort, or even provide transportation within city centers. What makes APMs special is their automated operation, relying on cool technology like computer controls, sensors, and communication networks to navigate and ensure a safe and smooth ride. Usually, these systems use electric vehicles running on their own track or guideway, separate from regular car and foot traffic.

Imagine driverless vehicles zipping around – that's basically what an Automated People Mover (APM) is! They use cool automation tech to move around without needing someone behind the wheel. You'll usually find them following a fixed path, like an elevated track, a tunnel deep underground, or even just a lane set aside. This "guideway" keeps them on track. APMs are all about getting you where you need to go quickly and reliably. They often run on a schedule or pretty darn frequently so you're not stuck waiting forever. Think short to medium hops – perfect for getting around an airport terminal, from the parking lot to the main building, or connecting different areas of a big campus.

APM systems range in size and capacity, from tiny cars that can transport a few passengers to bigger trains that can transport hundreds of people at once. APMs prioritize passenger safety and include a variety of safety features such as automatic collision avoidance systems, emergency response procedures, and surveillance systems. APMs offer convenient and dependable transportation solutions, especially in areas where traditional forms of transit are unfeasible or inefficient. They aid in the reduction of congestion, the enhancement of mobility, and the general efficiency of transportation networks inside specified locations or facilities.

Global Automated People Mover Market Overview

Lots of things affect whether we embrace and actually use Automated People Movers, or APMs. Think of them as your quick and easy way to get around places like airports or large campuses. They're pretty cool because, compared to buses or trains, they can move tons of people super fast and consistently, which really cuts down on travel time and traffic jams. For you, the rider, it's a comfortable and smooth ride. Plus, because they're automated, you can count on things being on schedule and not having to wait forever, which makes the whole experience way better. APMs also pack some serious tech and safety features, meaning fewer chances of human error and a safer trip for everyone. Those automated controls ensure everything runs smoothly and reliably, minimizing the risk of accidents and offering a transportation service you can really count on. You can even see more about APMs on sites like this example site.

Putting in place an APM system necessitates a considerable initial investment in infrastructure, cars, automation technology, and control systems. The expenses of design, building, and installation might be prohibitive to adoption, particularly for smaller or less financially secure companies. APM systems are often built for specific routes or localities, limiting their ability to adapt to changing transportation demands. Expansion or modification of an existing APM system may need significant expenditures and engineering hurdles, making scalability a major impediment.

APMs improve mobility alternatives, especially in regions with heavy foot traffic or when traditional transit options are restricted. They provide quick and dependable transportation, allowing people to move more easily inside specified locations such as airports, universities, or metropolitan centers. This increases accessibility for everyone, including people with impairments or restricted mobility. By offering an alternate means of transportation, APMs can assist ease traffic congestion. They minimize dependency on private automobiles by providing efficient mobility inside specified locations or buildings, resulting in less traffic congestion and reduced emissions. This helps to better air quality and a smaller environmental effect.

Global Automated People Mover Market Segmentation Analysis

The Global Automated People Mover Market is Segmented on the Basis of System Type, Application, And Geography.

Automated People Mover Market, By System Type

• Monorail
• Duorail
• Automated Guide Way Transit Or Maglev

Okay, so when we talk about the transit market, we can break it down by System Type. You've got your Monorails – think of it as a single rail, like something out of the Jetsons! The rail can be above or below the cars. If it's above, the cars hang down and are supported by wheeled axles running along that overhead rail. Then there's Duo-Rail, which is basically a super safe, moveable steel barrier. It's designed to keep construction sites safe and act as a median on highways. What's cool about it is the quick-connect system that lets you put it together super fast, so assembly is a breeze. And don't forget the other optionsAutomated Guide Way Transit, or even futuristic Maglev trains!

Automated People Mover Market, By Application

• Airports
• Urban Transit
• Amusement Parks
• Shopping or Commercial Center
• Others

Based on the Application, the market is segmented into Airports, Urban Transit, Amusement Parks, Shopping or Commercial Centers, and Others. These systems move passengers from one area within an airport to another. Airports utilize a variety of people movers, including automated guideway transit, monorail, and maglev.

Automated People Mover Market, By Geography

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

So, when we look at where Automated People Movers are popping up around the world, we're talking North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. Turns out, the United States is leading the charge in North America. With more and more people flying, airport folks there are putting money into making it easier and faster for passengers to get around between and inside terminals, and, of course, beefing up security. To deal with all those travelers and make things smoother, they're really looking at cool new tech like self-driving people movers.

Key Players

The “Global Automated People Mover Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are IHI Corporation, Siemens, MITSUBISHI HEAVY INDUSTRIES, LTD., Coester Group, PT Len Industri (Persero), LEITNER, Doppelmayr Seilbahnen GmbH, HYUNDAI ROTEM COMPANY, and Alstom.

Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide insight into the financial statements of all the major players, along with product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the players mentioned above globally.

Key Developments

• In April 2022, Mitsubishi Heavy Industries, Ltd. (MH) obtained an order from the Macau Special Administrative Region’s Infrastructure Development Office (GDI) for the extension of the Macau Light Rapid Transit (MLRT) network utilising an automated guideway transit (AGT) system.
• In April 2022, Alstom, a global leader in smart and sustainable transportation, agreed to provide operations and maintenance services for the Automated People Mover (AVM) system at Dallas Fort Worth International Airport (DFW) for the next ten years, until January 2032. The contract is worth little more than €200 million.

Ace Matrix Analysis

The Ace Matrix provided in the report would help to understand how the major key players involved in this industry are performing as we provide a ranking for these companies based on various factors such as service features & innovations, scalability, innovation of services, industry coverage, industry reach, and growth roadmap. Based on these factors, we rank the companies into four categories as Active, Cutting Edge, Emerging, and Innovators.

Market Attractiveness

The image of market attractiveness provided would further help to get information about the region that is majorly leading in the Global Automated People Mover Market. We cover the major impacting factors driving the industry growth in the given region.

Porter’s Five Forces

The image provided would further help to get information about Porter’s five forces framework providing a blueprint for understanding the behavior of competitors and a player’s strategic positioning in the respective industry. Porter’s five forces model can be used to assess the competitive landscape in the Global Automated People Mover Market, gauge the attractiveness of a certain sector, and assess investment possibilities.

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