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Report Explores Industry Trends for the Forecast Period, 2018-2026
by srsuri · February 6, 2019
Autonomous monorail is a modern railway technology that runs on a single railway track. Several autonomous monorail run on elevated tracks and are
completely automatic. In 1897, the term monorail originated from conjunction of
“mono”, which means one and “rail”, by a German engineer Eug
Tramway). Advancements in technology have led to the development of autonomous
monorails that possess their own intelligence communication systems, which
decide the movement of the monorail. For instance, where to halt, when to stop,
and other barrier.
Railways are widely considered as a safe, economical, and secure means of transportation owing to the less number of train fatalities Isaiah Wynn Hat , as compared to roadways. This is projected to boost the autonomous monorail market during the forecast period. Growing and urban areas
require better, quick, comfortable, and safe means of transportation systems,
especially for long journeys within these areas, as a large number of passengers
commute to their workplace, colleges Malcom Brown Hat , universities, hospitals, and other places.
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This is projected to boost the autonomous monorail market during the forecast period. Furthermore, increased focus of the railway industry on enhanced
passenger safety is a major factor that is expected to boost the autonomous
monorail market during the forecast period. In 2018, in Yinchuan, the capital of
China’s Ningxia Hui region witnessed the incorporation of the “Yungui” system, a
driverless monorail transit system Joe Thuney Hat , which was developed by BYD, a prominent new energy vehicle maker based in China and Huawei, the telecom giant. It keeps secure distance
from other obstacle monitors passenger flow, and detects malfunctions
automatically. This is projected to propel the autonomous monorail market during
the forecast period. However, higher initial investment and complexity of
modifying existing monorail are prime factors that are likely to hamper the
autonomous monorail market during the forecast period.
The autonomous monorail market can be segmented based on grade of automation, components, commuting distance Deatrich Wise Jr. Hat , and geography. Based on grade of automation, the autonomous monorail market can be divided into GoA 1, GoA2, and others. The GoA
2 segment accounts for a prominent share of the market primarily due to the
rising demand for comfort and safe means of transportation.
In term of components, the autonomous monorail market can be segregated into RADAR module, LiDAR module, sensors Devin McCourty Hat , and others. The sensors segment dominates the autonomous monorail market due to advanced technology and ability of sensors to detect
obstacles, objects and equipment malfunction. In addition, Smart sensors are
utilized to directly monitor braking forces applied on autonomous monorail. This
is anticipated to boost the sensor segment during the forecast period.
Based on commuting distance, the autonomous monorail market can be bifurcated into intercity and intra-city. Among commuting distances, intra-city is a highly
attractive segment of the market. This is due to the rising population in cities
and towns, which in turn increases the number of passengers for monorail
transportation.
Based on geography, the autonomous monorail market can be split into North America Stephen Gostkowski Hat , Europe, Asia Pacific, Middle East & Africa, and Latin America. Asia Pacific dominates the global autonomous monorail market.
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Rise in adoption rate of railway transportation coupled with increased rate of train track laying and government support toward implementation of autonomous
rail technologies are key factors driving the autonomous monorail market in Asia
Pacific. Furthermore, rising usage of bullet trains in China and Japan, which
utilize monorail technologies, is also anticipated to augment the autonomous
monorail market in Asia pacific during the forecast period.
Key players operating in the global autonomous monorail market include Hitachi Ltd. Dont'a Hightower Hat , Thales Group, Bombardier Transportation. Calvin Ridley Jersey Baker Mayfield Jersey Antonio Brown Jersey Alvin Kamara Jersey A.J. Bouye Jersey Authentic Adrian Peterson Jersey Cheap Air Max 270 Black Cheap Air Max 270 Flyknit Cheap Air Max 270 Flyknit Cheap Air Max 270 Hot Punch
