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Last Updated: Apr 25, 2025 | Study Period: 2024-2030
A monorail is a rail-based transportation system that is supported and guided solely by a single rail. The phrase is also used in a variety of other contexts to refer to the system's beam or the moving vehicles on it.
An electric motor used to propel a vehicle, such as a locomotive, an electric or hydrogen vehicle, an elevator, or an electric multiple unit, is known as a traction motor.
In order to improve the traction and power performance of the motor, the main goal of the traction motor is to traverse narrow radii of monorail curvature with a nearly constant air gap between the stator magnetic cores.
The Global Monorail Traction Motor Market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.
The monorail system was created by Disney engineers and has been in continuous use as a passenger service, carrying an average of 340,000 passengers annually and travelling 10,000 kilometres. Each train is electrically propelled by traction motors that produce 100 horsepower and travel at 35 miles per hour (average).
The undercarriage is propelled by rubber-tired drive and braking wheels and spans a single beam that is over 2.5 miles long.
Mumbai will soon welcome the first futuristic monorail in India. It turns on rails and travels on air. The network will feature 17 stops and a central hub, with a capacity of 10,000 passengers per hour (per direction).
The Monorail project is a complicated, high-tech undertaking that is being carried out by the MMRDA (Mumbai Metropolitan Region Development Authority) and a consortium that also includes bridge manufacturer Louis Berger, engineering firm Larsen & Toubro, and Malaysian monorail specialist SCOMI (for the train).
The conductive "shoes" on the carriages collect power from the wire line across the guideway, and the traction motors are connected to the axle using CV joint shafts.
Sl no | Topic |
1 | Market Segmentation |
2 | Scope of the report |
3 | Abbreviations |
4 | Research Methodology |
5 | Executive Summary |
6 | Introduction |
7 | Insights from Industry stakeholders |
8 | Cost breakdown of Product by sub-components and average profit margin |
9 | Disruptive innovation in the Industry |
10 | Technology trends in the Industry |
11 | Consumer trends in the industry |
12 | Recent Production Milestones |
13 | Component Manufacturing in US, EU and China |
14 | COVID-19 impact on overall market |
15 | COVID-19 impact on Production of components |
16 | COVID-19 impact on Point of sale |
17 | Market Segmentation, Dynamics and Forecast by Geography, 2020-2025 |
18 | Market Segmentation, Dynamics and Forecast by Product Type, 2020-2025 |
19 | Market Segmentation, Dynamics and Forecast by Application, 2020-2025 |
20 | Market Segmentation, Dynamics and Forecast by End use, 2020-2025 |
21 | Product installation rate by OEM, 2020 |
22 | Incline/Decline in Average B-2-B selling price in past 5 years |
23 | Competition from substitute products |
24 | Gross margin and average profitability of suppliers |
25 | New product development in past 12 months |
26 | M&A in past 12 months |
27 | Growth strategy of leading players |
28 | Market share of vendors, 2020 |
29 | Company Profiles |
30 | Unmet needs and opportunity for new suppliers |
31 | Conclusion |
32 | Appendix |