Global Automated People Mover Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

By System Type;

Monorail, Duorail and Automated Guideway Transit or Maglev.

By Application;

Airports, Urban Transit, Amusement Parks, Shopping or Commercial Centers and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2020 - 2030).
Report ID: Rn385607309 Published Date: April, 2024 Updated Date: May, 2024

Introduction

Global Automated People Mover Market (USD Million), 2020 - 2030

In the year 2023, the Global Automated People Mover Market was valued at USD 2,808.33 million. The size of this market is expected to increase to USD 4,278.78 million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of 6.2%.

The global Automated People Mover (APM) market is experiencing significant growth driven by the increasing demand for efficient transit solutions in urban areas and airports. In 2023, the market was valued at approximately $499.8 million and is projected to reach about $899.3 million by 2033, growing at a compound annual growth rate (CAGR) of 6.05% over the forecast period. This growth is primarily fueled by the expansion of airport infrastructure and the rising need to enhance passenger connectivity between terminals and gate.

Regionally, North America leads the market due to the high adoption of automated people movers, particularly in airports where there is a significant rise in air passenger traffic. The Asia-Pacific region, especially China, is also emerging as a key player due to its expanding public transportation networks and substantial investments in infrastructure. European countries like the United Kingdom and Germany are witnessing notable growth driven by increasing airport developments and urban transit projects.

Key players in the market include Siemens, Mitsubishi Heavy Industries, Doppelmayr Seilbahnen, and Alstom, among others. These companies are actively involved in new projects and expansions. For instance, Mitsubishi Heavy Industries has been contracted for the Macau Light Rapid Transit network extension, and Alstom has secured a major maintenance contract for the Dallas Fort Worth International Airport APM system. Such initiatives highlight the competitive landscape and the ongoing efforts to meet the rising demand for automated transit solutions.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By System Type
    2. Market Snapshot, By Application
    3. Market Snapshot, By Region
  4. Global Automated People Mover Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Expansion of Airport Infrastructure
        2. Increasing Urbanization and Public Transit Needs
        3. Technological Advancements in Automation
      2. Restraints
        1. High Initial Installation Costs
        2. Technical Challenges and Maintenance Issues
        3. Regulatory and Safety Concerns
      3. Opportunities
        1. Emerging Markets in Asia-Pacific and Middle East
        2. Integration with Smart City Projects
        3. Innovations in Energy-efficient
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Automated People Mover Market, By System Type, 2020 - 2030 (USD Million)
      1. Monorail
      2. Duorail
      3. Automated Guideway Transit or Maglev
    2. Global Automated People Mover Market, By Application, 2020 - 2030 (USD Million)
      1. Airports
      2. Urban Transit
      3. Amusement Parks
      4. Shopping or Commercial Centers
      5. Others
    3. Global Automated People Mover Market, By Geography, 2020 - 2030 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Siemens
      2. Bombardier Inc
      3. Mitsubishi Heavy Industries, Ltd
      4. Doppelmayr Group
      5. PT Len Industri
      6. Leitner Group
      7. LAX Integrated Express Solutions
      8. Coester Group
      9. IHI Corporation
  7. Analyst Views
  8. Future Outlook of the Market

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