Global Monorail Traction Motor Market 2024-2030
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Global Monorail Traction Motor Market 2024-2030

Last Updated:  Apr 25, 2025 | Study Period: 2024-2030

MONORAIL TRACTION MOTOR MARKET 

 

INTRODUCTION

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.

 

Global Monorail Traction Motor Market

 

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.

 

MONORAIL TRACTION MOTOR MARKET SIZE AND FORECAST

 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.

 

RECENT PRODUCT DEVELOPMENT AND INNOVATION 

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.

COMPANY PROFILE

  • Hitachi
  • AMETEK Airtechnology Group
  • ABB
  • Alstom
  • Ace Controls

 

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

  1. What is the average cost perGlobal Monorail Traction Motor Marketright now and how will it change in the next 5-6 years?
  2. Average cost to set up aGlobal Monorail Traction Motor Marketin the US, Europe and China?
  3. How manyGlobal Monorail Traction Motor Marketare manufactured per annum globally? Who are the sub-component suppliers in different regions?
  4. What is happening in the overall public, globally?
  5. Cost breakup of aGlobal Monorail Traction Motor Marketand key vendor selection criteria
  6. Where is theGlobal Monorail Traction Motor Market manufactured? What is the average margin per equipment?
  7. Market share ofGlobal Monorail Traction Motor Marketmanufacturers and their upcoming products
  8. The most important plannedGlobal Monorail Traction Motor Marketin next 2 years
  9. Details on network of majorGlobal Monorail Traction Motor Marketand pricing plans
  10. Cost advantage for OEMs who manufactureGlobal Monorail Traction Motor Marketin-house
  11. 5 key predictions for next 5 years inGlobal Monorail Traction Motor Market
  12. Average B-2-BGlobal Monorail Traction Motor Marketprice in all segments
  13. Latest trends inGlobal Monorail Traction Motor Market, by every market segment
  14. The market size (both volume and value) ofGlobal Monorail Traction Motor Marketin 2023-2030 and every year in between?
  15. Global production breakup ofGlobal Monorail Traction Motor Market, by suppliers and their OEM relationship
Sl noTopic
1Market Segmentation
2Scope of the report
3Abbreviations
4Research Methodology
5Executive Summary
6Introduction
7Insights from Industry stakeholders
8Cost breakdown of Product by sub-components and average profit margin
9Disruptive innovation in the Industry
10Technology trends in the Industry
11Consumer trends in the industry
12Recent Production Milestones
13Component Manufacturing in US, EU and China
14COVID-19 impact on overall market
15COVID-19 impact on Production of components
16COVID-19 impact on Point of sale
17Market Segmentation, Dynamics and Forecast by Geography, 2020-2025
18Market Segmentation, Dynamics and Forecast by Product Type, 2020-2025
19Market Segmentation, Dynamics and Forecast by Application, 2020-2025
20Market Segmentation, Dynamics and Forecast by End use, 2020-2025
21Product installation rate by OEM, 2020
22Incline/Decline in Average B-2-B selling price in past 5 years
23Competition from substitute products
24Gross margin and average profitability of suppliers
25New product development in past 12 months
26M&A in past 12 months
27Growth strategy of leading players
28Market share of vendors, 2020
29Company Profiles
30Unmet needs and opportunity for new suppliers
31Conclusion
32Appendix