Global Personal Rapid Transit (PRT) Technology Market Growth (Status and Outlook) 2024-2030

Global Personal Rapid Transit (PRT) Technology Market Growth (Status and Outlook) 2024-2030

Personal Rapid Transit (PRT), also referred to as podcars or guided/railed taxis, is a public transport mode featuring small low-capacity automated vehicles operating on a network of specially built guideways.

The global Personal Rapid Transit (PRT) Technology market size is projected to grow from US$ 130.1 million in 2023 to US$ 371.8 million in 2030; it is expected to grow at a CAGR of 16.2% from 2024 to 2030.

LPI (LP Information)' newest research report, the “Personal Rapid Transit (PRT) Technology Industry Forecast” looks at past sales and reviews total world Personal Rapid Transit (PRT) Technology sales in 2023, providing a comprehensive analysis by region and market sector of projected Personal Rapid Transit (PRT) Technology sales for 2024 through 2030. With Personal Rapid Transit (PRT) Technology sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Personal Rapid Transit (PRT) Technology industry.

This Insight Report provides a comprehensive analysis of the global Personal Rapid Transit (PRT) Technology landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Personal Rapid Transit (PRT) Technology portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Personal Rapid Transit (PRT) Technology market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Personal Rapid Transit (PRT) Technology and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Personal Rapid Transit (PRT) Technology.

United States market for Personal Rapid Transit (PRT) Technology is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

China market for Personal Rapid Transit (PRT) Technology is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Europe market for Personal Rapid Transit (PRT) Technology is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Global key Personal Rapid Transit (PRT) Technology players cover VECTUS, Pininfarina, Lloyd's Register, Noventus and WGH and etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2023.

This report presents a comprehensive overview, market shares, and growth opportunities of Personal Rapid Transit (PRT) Technology market by product type, application, key players and key regions and countries.

Segmentation by type
Vehicle Control System
Vehicle Equipment

Segmentation by application
Tourist Traffic
City Traffic
Other

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
VECTUS
Pininfarina
Lloyd's Register
Noventus
WGH
TDi

Please note: The report will take approximately 2 business days to prepare and deliver.