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PUBLISHER: Grand View Research | PRODUCT CODE: 1493494

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PUBLISHER: Grand View Research | PRODUCT CODE: 1493494

Hyperloop Technology Market Size, Share & Trends Analysis Report By Transportation System (Capsule, Tube), By Carriage Type (Passenger, Cargo/Freight), By Region (North America, Europe), And Segment Forecasts, 2024 - 2030

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Description

Table of Contents

List of Tables

Hyperloop Technology Market Growth & Trends:

The global hyperloop technology market size is anticipated to reach USD 19.42 billion by 2030, growing at a CAGR of 41.9% from 2024 to 2030, according to a new report by Grand View Research, Inc. As urban population continue to grow, cities face increasing challenges related to congestion, pollution, and transportation infrastructure. hyperloop technology offers a potential solution to improve these issues by providing high-capacity, rapid transit between urban centers and surrounding areas, reducing congestion on roads and highways, and easing the strain on existing transportation networks. According to the World Bank reports, as of 2023, 56% of the world's population, approximately 4.4 billion people, reside in urban areas. This trend is predicted to persist, with the urban population expected to grow more than two-fold by 2050.

As globalization continues to expand, the volume of international trade and the demand for efficient cargo transportation solutions are escalating. Hyperloop can transport cargo at speeds up to 700 mph and cut delivery times for cross-border shipments, enabling businesses to streamline their supply chains and meet consumer demands more rapidly.

The technology is driven by considerable government funding initiatives to advance research, development, and implementation of hyperloop systems. Governments worldwide recognize the potential of hyperloop technology to revolutionize transportation by offering high-speed, energy-efficient, and sustainable alternatives to traditional transit modes. For instance, in December 2023, the State Secretary of Economics & Climate and The Minister of Infrastructure & Water Management in the Netherlands announced grants to support the jointly developed Hyperloop Development Program (HDP). The Dutch province of Groningen also announced that it would contribute USD 3.29 million to a test facility, and both ministries are expected to invest a total of USD 4.93 million in the program.

Hyperloop Technology Market Report Highlights:

  • The tube transportation system dominated the transportation system segment with a 37.5% share in 2023, as tube networks are essentially resilient to natural disasters, extreme weather events, and other disruptions that can impact traditional transportation infrastructure
  • The cargo/freight segment is anticipated to witness the fastest growth during the forecast period due to the expansion of global trade and e-commerce and the demand for faster and more cost-effective logistics solutions
  • North America dominated the market owing to factors such as increasing demand for sustainable transportation solutions and growing awareness of climate change and environmental impacts of traditional transportation modes
  • In April 2023, Hardt Hyperloop and TuTr Hyperloop signed a MoU during the Dutch Trade Mission to India. The partnership aimed to achieve compatible hyperloop technology between India & Europe and promote joint efforts in designing, establishing, de-risking, and deploying hyperloop technology.
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Product Code: GVR-4-68040-278-1

Table of Contents

Chapter 1. Methodology and Scope

  • 1.1. Market Segmentation & Scope
  • 1.2. Segment Definitions
    • 1.2.1. Transportation system
    • 1.2.2. Carriage type
    • 1.2.3. Regional scope
    • 1.2.4. Estimates and forecasts timeline
  • 1.3. Research Methodology
  • 1.4. Information Procurement
    • 1.4.1. Information Procurement
    • 1.4.2. Information or Data Analysis
    • 1.4.3. Market Formulation & Data Visualization
    • 1.4.4. Data Validation & Publishing
  • 1.5. Research Scope and Assumptions
  • 1.6. List of Data Sources

Chapter 2. Executive Summary

  • 2.1. Market Outlook
  • 2.2. Segment Outlook
    • 2.2.1. Transportation system outlook
    • 2.2.2. Carriage type outlook
  • 2.3. Competitive Insights

Chapter 3. Hyperloop Technology Market Variables, Trends & Scope

  • 3.1. Market Lineage Outlook
    • 3.1.1. Parent market outlook
    • 3.1.2. Related/ancillary market outlook
  • 3.2. Market Dynamics
    • 3.2.1. Market driver analysis
      • 3.2.1.1. Demand for high-speed transportation solutions to alleviate urban congestion and enhance connectivity
      • 3.2.1.2. Growing focus on efficient, eco-friendly transportation infrastructure
    • 3.2.2. Market restraint analysis
      • 3.2.2.1. Substantial upfront investment and regulatory approval for large-scale implementation
      • 3.2.2.2. Presence of alternative transportation options
    • 3.2.3. Industry opportunity
      • 3.2.3.1. Increasing research and development activities in technology companies
    • 3.2.4. Industry challenges
  • 3.3. Hyperloop Technology Market Analysis Tools
    • 3.3.1. Industry Analysis - Porter's Five Forces
      • 3.3.1.1. Supplier power
      • 3.3.1.2. Buyer power
      • 3.3.1.3. Substitution threat
      • 3.3.1.4. Threat of new entrant
      • 3.3.1.5. Competitive rivalry
    • 3.3.2. PESTEL Analysis
      • 3.3.2.1. Political landscape
      • 3.3.2.2. Economic landscape
      • 3.3.2.3. Social landscape
      • 3.3.2.4. Technological landscape
      • 3.3.2.5. Environmental landscape
      • 3.3.2.6. Legal landscape

Chapter 4. Hyperloop Technology Market: Transportation System Estimates & Trend Analysis

  • 4.1. Segment Dashboard
  • 4.2. Hyperloop Technology Market: Transportation System Movement Analysis, 2023 & 2030 (USD Million)
    • 4.2.1. Capsule
      • 4.2.1.1. Capsule market revenue estimates and forecasts, 2018 - 2030 (USD Million)
    • 4.2.2. Tube
      • 4.2.2.1. Tube market revenue estimates and forecasts, 2018 - 2030 (USD Million)
    • 4.2.3. Propulsion System
      • 4.2.3.1. Propulsion system market revenue estimates and forecasts, 2018 - 2030 (USD Million)
    • 4.2.4. Route
      • 4.2.4.1. Route market estimates and forecasts 2018 - 2030 (USD Million)

Chapter 5. Hyperloop Technology Market: Carriage Type Estimates & Trend Analysis

  • 5.1. Segment Dashboard
  • 5.2. Hyperloop Technology Market: Carriage Type Movement Analysis, 2023 & 2030 (USD Million)
    • 5.2.1. Passenger
      • 5.2.1.1. Passenger market estimates and forecasts 2018 - 2030 (USD Million)
    • 5.2.2. Cargo/Freight
      • 5.2.2.1. Cargo/freight market estimates and forecasts 2018 - 2030 (USD Million)

Chapter 6. Hyperloop Technology Market: Regional Estimates & Trend Analysis

  • 6.1. Hyperloop Technology Market Share, By Region, 2023 & 2030 (USD Million)
  • 6.2. North America
    • 6.2.1. North America hyperloop technology market estimates and forecasts, 2018 - 2030 (USD Million)
    • 6.2.2. U.S.
      • 6.2.2.1. U.S. hyperloop technology market estimates and forecasts 2018 to 2030 (USD Million)
    • 6.2.3. Canada
      • 6.2.3.1. Canada hyperloop technology market estimates and forecasts 2018 to 2030 (USD Million)
  • 6.3. Europe
    • 6.3.1. UK
      • 6.3.1.1. UK hyperloop technology market estimates and forecasts 2018 to 2030 (USD Million)
    • 6.3.2. Germany
      • 6.3.2.1. Germany hyperloop technology market estimates and forecasts 2018 to 2030 (USD Million)
    • 6.3.3. France
      • 6.3.3.1. France hyperloop technology market estimates and forecasts 2018 to 2030 (USD Million)
    • 6.3.4. Italy
      • 6.3.4.1. Italy hyperloop technology market estimates and forecasts 2018 to 2030 (USD Million)
  • 6.4. Asia Pacific
    • 6.4.1. Japan
      • 6.4.1.1. Japan hyperloop technology market estimates and forecasts 2018 to 2030 (USD Million)
    • 6.4.2. China
      • 6.4.2.1. China hyperloop technology market estimates and forecasts 2018 to 2030 (USD Million)
    • 6.4.3. India
      • 6.4.3.1. India hyperloop technology market estimates and forecasts 2018 to 2030 (USD Million)
    • 6.4.4. Australia
      • 6.4.4.1. Australia hyperloop technology market estimates and forecasts 2018 to 2030 (USD Million)
    • 6.4.5. South Korea
      • 6.4.5.1. South Korea hyperloop technology market estimates and forecasts 2018 to 2030 (USD Million)
  • 6.5. Latin America
    • 6.5.1. Brazil
      • 6.5.1.1. Brazil hyperloop technology market estimates and forecasts 2018 to 2030 (USD Million)
    • 6.5.2. Mexico
      • 6.5.2.1. Mexico hyperloop technology market estimates and forecasts 2018 to 2030 (USD Million)
    • 6.5.3. Argentina
      • 6.5.3.1. Argentina hyperloop technology market estimates and forecasts 2018 to 2030 (USD Million)
  • 6.6. MEA
    • 6.6.1. South Africa
      • 6.6.1.1. South Africa hyperloop technology market estimates and forecasts 2018 to 2030 (USD Million)
    • 6.6.2. Saudi Arabia
      • 6.6.2.1. Saudi Arabia hyperloop technology market estimates and forecasts 2018 to 2030 (USD Million)
    • 6.6.3. UAE
      • 6.6.3.1. UAE hyperloop technology market estimates and forecasts 2018 to 2030 (USD Million)

Chapter 7. Competitive Landscape

  • 7.1. Recent Developments & Impact Analysis by Key Market Participants
  • 7.2. Company Categorization
  • 7.3. Company Market Positioning
  • 7.4. Company Heat Map Analysis
  • 7.5. Strategy Mapping
    • 7.5.1. Expansion
    • 7.5.2. Mergers & Acquisition
    • 7.5.3. Partnerships & Collaborations
    • 7.5.4. New Product Launches
    • 7.5.5. Research And Development
  • 7.6. Company Profiles
    • 7.6.1. Hardt B.V.
      • 7.6.1.1. Company overview
      • 7.6.1.2. Financial performance
      • 7.6.1.3. Product benchmarking
      • 7.6.1.4. Strategic initiatives
    • 7.6.2. Hyper Chariot
      • 7.6.2.1. Company overview
      • 7.6.2.2. Financial performance
      • 7.6.2.3. Product benchmarking
      • 7.6.2.4. Strategic initiatives
    • 7.6.3. HyperloopTT
      • 7.6.3.1. Company overview
      • 7.6.3.2. Financial performance
      • 7.6.3.3. Product benchmarking
      • 7.6.3.4. Strategic initiatives
    • 7.6.4. Space Exploration Technologies Corporation
      • 7.6.4.1. Company overview
      • 7.6.4.2. Financial performance
      • 7.6.4.3. Product benchmarking
      • 7.6.4.4. Strategic initiatives
    • 7.6.5. TRANSPOD
      • 7.6.5.1. Company overview
      • 7.6.5.2. Financial performance
      • 7.6.5.3. Product benchmarking
      • 7.6.5.4. Strategic initiatives
    • 7.6.6. TUM Hyperloop
      • 7.6.6.1. Company overview
      • 7.6.6.2. Financial performance
      • 7.6.6.3. Product benchmarking
      • 7.6.6.4. Strategic initiatives
    • 7.6.7. Zeleros
      • 7.6.7.1. Company overview
      • 7.6.7.2. Financial performance
      • 7.6.7.3. Product benchmarking
      • 7.6.7.4. Strategic initiatives
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Product Code: GVR-4-68040-278-1

List of Tables

  • Table 1 List of abbreviations
  • Table 2 North America hyperloop technology market, by region, 2018 - 2030 (USD Million)
  • Table 3 North America hyperloop technology market, by transportation system, 2018 - 2030 (USD Million)
  • Table 4 North America hyperloop technology market, by carriage type, 2018 - 2030 (USD Million)
  • Table 5 U.S. hyperloop technology market, by transportation system, 2018 - 2030 (USD Million)
  • Table 6 U.S. hyperloop technology market, by carriage type, 2018 - 2030 (USD Million)
  • Table 7 Canada hyperloop technology market, by transportation system, 2018 - 2030 (USD Million)
  • Table 8 Canada hyperloop technology market, by carriage type, 2018 - 2030 (USD Million)
  • Table 9 Europe hyperloop technology market, by region, 2018 - 2030 (USD Million)
  • Table 10 Europe hyperloop technology market, by transportation system, 2018 - 2030 (USD Million)
  • Table 11 Europe hyperloop technology market, by carriage type, 2018 - 2030 (USD Million)
  • Table 12 Germany hyperloop technology market, by transportation system, 2018 - 2030 (USD Million)
  • Table 13 Germany hyperloop technology market, by carriage type, 2018 - 2030 (USD Million)
  • Table 14 UK hyperloop technology market, by transportation system, 2018 - 2030 (USD Million)
  • Table 15 UK hyperloop technology market, by carriage type, 2018 - 2030 (USD Million)
  • Table 16 France hyperloop technology market, by transportation system, 2018 - 2030 (USD Million)
  • Table 17 France hyperloop technology market, by carriage type, 2018 - 2030 (USD Million)
  • Table 18 Italy hyperloop technology market, by transportation system, 2018 - 2030 (USD Million)
  • Table 19 Italy hyperloop technology market, by carriage type, 2018 - 2030 (USD Million)
  • Table 20 Asia Pacific hyperloop technology market, by region, 2018 - 2030 (USD Million)
  • Table 21 Asia Pacific hyperloop technology market, by transportation system, 2018 - 2030 (USD Million)
  • Table 22 Asia Pacific hyperloop technology market, by carriage type, 2018 - 2030 (USD Million)
  • Table 23 China hyperloop technology market, by transportation system, 2018 - 2030 (USD Million)
  • Table 24 China hyperloop technology market, by carriage type, 2018 - 2030 (USD Million)
  • Table 25 Japan hyperloop technology market, by transportation system, 2018 - 2030 (USD Million)
  • Table 26 Japan hyperloop technology market, by carriage type, 2018 - 2030 (USD Million)
  • Table 27 India hyperloop technology market, by transportation system, 2018 - 2030 (USD Million)
  • Table 28 India hyperloop technology market, by carriage type, 2018 - 2030 (USD Million)
  • Table 29 South Korea hyperloop technology market, by transportation system, 2018 - 2030 (USD Million)
  • Table 30 South Korea hyperloop technology market, by carriage type, 2018 - 2030 (USD Million)
  • Table 31 Australia hyperloop technology market, by transportation system, 2018 - 2030 (USD Million)
  • Table 32 Australia hyperloop technology market, by carriage type, 2018 - 2030 (USD Million)
  • Table 33 Latin America hyperloop technology market, by transportation system, 2018 - 2030 (USD Million)
  • Table 34 Latin America hyperloop technology market, by carriage type, 2018 - 2030 (USD Million)
  • Table 35 Brazil hyperloop technology market, by transportation system, 2018 - 2030 (USD Million)
  • Table 36 Brazil hyperloop technology market, by carriage type, 2018 - 2030 (USD Million)
  • Table 37 Mexico hyperloop technology market, by transportation system, 2018 - 2030 (USD Million)
  • Table 38 Mexico hyperloop technology market, by carriage type, 2018 - 2030 (USD Million)
  • Table 39 Argentina hyperloop technology market, by transportation system, 2018 - 2030 (USD Million)
  • Table 40 Argentina hyperloop technology market, by carriage type, 2018 - 2030 (USD Million)
  • Table 41 MEA hyperloop technology market, by region, 2018 - 2030 (USD Million)
  • Table 42 MEA hyperloop technology market, by transportation system, 2018 - 2030 (USD Million)
  • Table 43 MEA hyperloop technology market, by carriage type, 2018 - 2030 (USD Million)
  • Table 44 South Africa hyperloop technology market, by transportation system, 2018 - 2030 (USD Million)
  • Table 45 South Africa hyperloop technology market, by carriage type, 2018 - 2030 (USD Million)
  • Table 46 Saudi Arabia hyperloop technology market, by transportation system, 2018 - 2030 (USD Million)
  • Table 47 Saudi Arabia hyperloop technology market, by carriage type, 2018 - 2030 (USD Million)
  • Table 48 UAE hyperloop technology market, by transportation system, 2018 - 2030 (USD Million)
  • Table 49 UAE hyperloop technology market, by carriage type, 2018 - 2030 (USD Million)

List of Figures

  • Fig. 1 Market research process
  • Fig. 2 Hyperloop technology market segmentation
  • Fig. 3 Hyperloop technology market landscape
  • Fig. 4 Information procurement
  • Fig. 5 Data analysis models
  • Fig. 6 Market formulation and validation
  • Fig. 7 Data validating & publishing
  • Fig. 8 Market snapshot
  • Fig. 9 Segment snapshot (1/2)
  • Fig. 10 Segment snapshot (2/2)
  • Fig. 11 Competitive landscape snapshot
  • Fig. 12 Hyperloop technology - Market size and growth prospects (USD Million)
  • Fig. 13 Hyperloop technology market: Industry value chain analysis
  • Fig. 14 Hyperloop technology market: Market dynamics
  • Fig. 15 Hyperloop technology market: PORTER's analysis
  • Fig. 16 Hyperloop technology market: PESTEL analysis
  • Fig. 17 Hyperloop technology market, by transportation system: Key takeaways
  • Fig. 18 Hyperloop technology market, by transportation system: Market share, 2023 & 2030
  • Fig. 19 Capsule market estimates & forecasts, 2018 - 2030 (Revenue, USD Million)
  • Fig. 20 Tube market estimates & forecasts, 2018 - 2030 (Revenue, USD Million)
  • Fig. 21 Propulsion system market estimates & forecasts, 2018 - 2030 (Revenue, USD Million)
  • Fig. 22 Route market estimates & forecasts, 2018 - 2030 (Revenue, USD Million)
  • Fig. 23 Hyperloop technology market, by carriage type: Key takeaways
  • Fig. 24 Hyperloop technology market, by carriage type: Market share, 2023 & 2030
  • Fig. 25 Passenger market estimates & forecasts, 2018 - 2030 (Revenue, USD Million)
  • Fig. 26 Cargo/freight market estimates & forecasts, 2018 - 2030 (Revenue, USD Million)
  • Fig. 27 Regional marketplace: Key takeaways market estimates & forecasts, 2018 - 2030 (Revenue, USD Million)
  • Fig. 28 North America hyperloop technology market estimates and forecasts, 2018 - 2030 (USD Million)
  • Fig. 29 U.S. hyperloop technology market estimates and forecasts, 2018 - 2030 (USD Million)
  • Fig. 30 Canada hyperloop technology market estimates and forecasts, 2018 - 2030 (USD Million)
  • Fig. 31 Europe hyperloop technology market estimates and forecasts, 2018 - 2030 (USD Million)
  • Fig. 32 UK hyperloop technology market estimates and forecasts, 2018 - 2030 (USD Million)
  • Fig. 33 Germany hyperloop technology market estimates and forecasts, 2018 - 2030 (USD Million)
  • Fig. 34 France hyperloop technology market estimates and forecasts, 2018 - 2030 (USD Million)
  • Fig. 35 Italy hyperloop technology market estimates and forecasts, 2018 - 2030 (USD Million)
  • Fig. 36 Asia Pacific hyperloop technology market estimates and forecast, 2018 - 2030 (USD Million)
  • Fig. 37 China hyperloop technology market estimates and forecasts, 2018 - 2030 (USD Million)
  • Fig. 38 Japan hyperloop technology market estimates and forecasts, 2018 - 2030 (USD Million)
  • Fig. 39 India hyperloop technology market estimates and forecasts, 2018 - 2030 (USD Million)
  • Fig. 40 South Korea hyperloop technology market estimates and forecasts, 2018 - 2030 (USD Million)
  • Fig. 41 Australia hyperloop technology market estimates and forecasts, 2018 - 2030 (USD Million)
  • Fig. 42 Latin America hyperloop technology market estimates and forecasts, 2018 - 2030 (USD Million)
  • Fig. 43 Brazil hyperloop technology market estimates and forecasts, 2018 - 2030 (USD Million)
  • Fig. 44 Mexico hyperloop technology market estimates and forecasts, 2018 - 2030 (USD Million)
  • Fig. 45 Argentina hyperloop technology market estimates and forecasts, 2018 - 2030 (USD Million)
  • Fig. 46 MEA hyperloop technology market estimates and forecasts, 2018 - 2030 (USD Million)
  • Fig. 47 UAE hyperloop technology market estimates and forecasts, 2018 - 2030 (USD Million)
  • Fig. 48 Saudi Arabia hyperloop technology market estimates and forecasts, 2018 - 2030 (USD Million)
  • Fig. 49 South Africa hyperloop technology market estimates and forecasts, 2018 - 2030 (USD Million)
  • Fig. 50 Key company categorization
  • Fig. 51 Company market positioning
  • Fig. 52 Strategic framework
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