Hyperloop Technology Market by Components (Capsule, Tube, and Propulsion System) and Transportation Type (Passenger & Freight) - Market Potential Assessment - Global Analysis & Forecast 2022-2030

Report ID : 201  |  Published Date : Jan 2020  |  Pages : 160  |  Region : Global  |  Report Code : AT-6





Hyperloop Technology Market Introduction & Overview

Hyperloop is a futuristic transportation technology that focuses on reducing friction against air and the ground for fast transportation. Elon Musk first described the hyperloop technology in 2013. He stated that it would involve carrying passengers through tubes at high speeds (nearly hundreds of miles per hour). Hyperloops offer a potential revolution in transportation systems by achieving aircraft speeds at the ground level. This is achieved by creating a low-pressure environment with no support except that of a magnetic field, which will help the capsule to float in the air and is pushed ahead using electrical energy.

The global hyperloop technology market is driven by factors, such as the growing population and economy, which requires faster, safer, and efficient transportation mode thus the increase in popularity for hyperloop technology among people. Also, other benefits of hyperloop technology considered are that it is less expensive, less land is required for construction and not vulnerable to natural calamities such as an earthquake. These are some of the factors fueling the growth of the market. However, the costs involved in building and operating hyperloop are high, which may negatively impact market growth to a certain extent.

The global hyperloop technology market can be segmented into components, transportation, and region.

Hyperloop Technology Market, By Components

Based on components, the market can be segmented into the capsule, tube, and propulsion systems. Hyperloop tubes account for the largest market share as tubes make a large part in the hyperloop infrastructure. It acts as a tunnel or encapsulated pathway wherein hyperloop capsules travel. Moreover, hyperloop tubes are made up of steel, which reduces the building time and construction costs.

Hyperloop Technology Market By Transportation Type

Based on transportation type the market can be classified into passengers and freight. The passengers segment holds the largest market share in the forecast period majorly because the design of the capsules or pods is dedicated to carrying passengers.  

Hyperloop Technology Market By Region

Based on the region, the market can be segmented into North America, Europe, Asia-Pacific, and the Rest of the World (ROW). Asia-Pacific is expected to grow at the highest CAGR owing to factors such as a growing economy in the region with countries like China and India that are boosting the demand for faster modes of transport in the region. For instance, the Government of India has authorized Virgin Hyperloop One to develop high-speed lines between Mumbai and Pune, which would become the world’s first hyperloop.

Hyperloop Technology Market Prominent Players

Some of the key players operating in the global hyperloop technology market include Hyperloop Transportation Technologies, Hyperloop One, Transpod Inc., SPACE EXPLORATION TECHNOLOGIES CORP., DGWHyperloop, Aecom, Tesla, and others.

Table of Contents

  1. INTRODUCTION
    1. Market Definition
    2. Market Classification
    3. Geographic Scope
    4. Years Considered for the Study: Historical Years – 2016 & 2017; Base Year – 2018; Forecast Years – 2019 to 2030
    5. Currency Used
  2. RESEARCH METHODOLOGY
    1. Research Framework
    2. Data Collection Technique
    3. Data Sources
      1.  Secondary Sources
      2. Primary Sources
    4. Market Estimation Methodology
      1.  Bottom Up Approach
      2.  Top Down Approach
    5. Data Validation and Triangulation
      1.  Market Forecast Model
      2.  Limitations/Assumptions of the Study
  3. ABSTRACT OF THE STUDY
  4. MARKET DYNAMICS ASSESSMENT
    1. Overview
    2. Drivers
    3. Barriers/Challenges
    4. Opportunities
  5. UNIQUE SELLING PROPOSITIONS (USPs)
    1. Hyperloop Technology: Technological Development Assessment
    2. Hyperloop Technology: Deployment Assessment
    3. Investments in Hyperloop Technology
    4. Hyperloop Technology Review
    5. Marketability: Snapshot
  6. GLOBAL HYPERLOOP TECHNOLOGY MARKET - ANALYSIS & FORECAST, BY COMPONENTS
    1. Capsule
    2. Tube
    3. Propulsion System
  7. GLOBAL HYPERLOOP TECHNOLOGY MARKET - ANALYSIS & FORECAST, BY TRANSPORTATION TYPE
    1. Passenger
    2. Freight
  8. GLOBAL HYPERLOOP TECHNOLOGY MARKET- ANALYSIS & FORECAST, BY REGION
    1.   North America Hyperloop Technology Market
      1. North America Hyperloop Technology Market, By Country/Region
        1. US
        2. Canada
      2. North America Hyperloop Technology Market Analysis & Forecast, By Components
      3. North America Hyperloop Technology Market Analysis & Forecast, By Transportation Type
    2. Europe Hyperloop Technology Market
      1. Europe Hyperloop Technology Market, By Country/Region
        1. Germany
        2. UK
        3. France
        4. Rest of Europe (ROE)
      2. Europe Hyperloop Technology Market Analysis & Forecast, By Components
      3. Europe Hyperloop Technology Market Analysis & Forecast, By Transportation Type
    3. Asia Pacific Hyperloop Technology Market
      1. Asia Pacific Hyperloop Technology Market, By Country/Region
        1. China
        2. Japan
        3. India
        4. Rest of Asia Pacific (RoAPAC)
      2. Asia Pacific Hyperloop Technology Market Analysis & Forecast, By Components
      3. Asia Pacific Hyperloop Technology Market Analysis & Forecast, By Transportation Type
    4.   Rest of the World (ROW) Hyperloop Technology Market
      1. Rest of the World Hyperloop Technology Market, By Country/ Region
        1.  Latin America
        2.  Middle East & Africa
      2. Rest of the World Hyperloop Technology Market Analysis & Forecast, By Components
      3. Rest of the World Hyperloop Technology Market Analysis & Forecast, By Transportation Type
  9. COMPANY PROFILES                  (Business Overview, Products Offered, Financial Performance*, Recent Developments)
    1. Hyperloop Transportation Technologies
    2. Hyperloop One
    3. Transpod Inc.
    4. SPACE EXPLORATION TECHNOLOGIES CORP.
    5. DGWHyperloop
    6. Aecom
    7. Tesla                       *Financial details might not be captured in case of privately-held companies or for companies that do not report this information in public domain