1653630 - Monorail Systems Global Market Study and Classification

Monorail Systems: Popularity of the niche product increases dynamically in public transport

With a market volume of more than 2 billion Euro p.a., the monorail market segment is a comparatively small, but dynamically growing segment in the transportation business. This is the outcome of a market study which has been worked out by SCI Verkehr for the International Monorail Association.

Especially the importance of monorail systems in Public Transport is growing: The line kilometres of monorails have more than doubled over the past 10 years and more than 80% of those are dedicated to Public Transport. The majority of projects under construction are in Asia, but countries like Brazil and Egypt are playing an important role in the monorail market.

The study introduces an overview of different monorail systems and explains the special application within the context of total turnkey. With available data and sound research, the study presents the current market with an outlook into the mid-term and long-term future of monorails as a public transport system.

SCI Verkehr states further potential for monorail systems: „Already 7 of the world's 10 largest metropolises have a monorail system - the means of transport is suitable both as a supplement to high-performance metro systems and as an alternative to metro or light rail systems in districts or destinations with medium traffic volumes. New traffic solutions are also possible due to the significantly simpler routing of monorail systems in demanding topographical or urban planning projects.“

The International Monorail Association adds: “The study impressively demonstrates the dynamics of the monorail segment. It also makes clear that with 80 monorail systems in operation worldwide, monorails are an established and relevant transport system in public passenger transport, and the applications are growing strongly.”