PUBLISHER: The Business Research Company | PRODUCT CODE: 1702812
PUBLISHER: The Business Research Company | PRODUCT CODE: 1702812
An automated people mover (APM) is a fully automated transportation system for passengers, guided by rubber tires, and typically runs on elevated guideways or through tunnels. APMs aim to provide fast, reliable, and frequent service, enhancing mobility and reducing congestion in busy areas.
The primary types of APM systems include monorail, duorail, automated guideway transit (AGT), and maglev. Monorail systems feature a single elevated rail supported by columns, making them well-suited for urban transport due to their sleek design and ability to navigate congested areas. These systems utilize various technologies such as conventional, driverless, and hybrid, offering different capacities-low, medium, and high-and find applications in airports, urban transit, amusement parks, shopping centers, and other environments.
The automated people mover market research report is one of a series of new reports from The Business Research Company that provides automated people mover market statistics, including automated people mover industry global market size, regional shares, competitors with an automated people mover market share, detailed automated people mover market segments, market trends, and opportunities, and any further data you may need to thrive in the automated people mover industry. This automated people mover market research report delivers a complete perspective on everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The automated people mover market size has grown strongly in recent years. It will grow from $2.76 billion in 2024 to $2.95 billion in 2025 at a compound annual growth rate (CAGR) of 6.9%. The growth in the historic period can be attributed to rising demand for airport transport solutions, growing urbanization, the number of airports in the globe, increasing infrastructure investment, reduced travel time and greater comfort, and growing demand for smart mobility solutions.
The automated people mover market size is expected to see strong growth in the next few years. It will grow to $3.82 billion in 2029 at a compound annual growth rate (CAGR) of 6.7%. The growth in the forecast period can be attributed to the increasing demand for public transportation, the need for improved safety and security, the increasing demand for energy-efficient transportation solutions, the growing focus on sustainability, and the increasing need for space efficiency. Major trends in the forecast period include adoption of automated people movers technology, technological developments in APM systems, advanced automation and safety measures, energy-efficient technologies, and the introduction of cutting-edge transportation technologies.
The rising demand for public transportation is expected to drive growth in the automated people mover (APM) market. Public transit, managed by governments or private entities, offers shared transportation services to the public, spurred by infrastructure investments, population growth, urbanization, and environmental concerns. APMs integrate seamlessly with subways, buses, and trains, enhancing transit options and streamlining city travel for passengers. For example, in April 2024, transit travelers in the US made 7.1 billion trips, marking a 16% increase from 2022, as reported by the American Public Transportation Association. This uptrend in public transportation usage underscores the expanding market for automated people movers.
Leading firms in the APM sector are innovating with advanced driverless train systems to alleviate automobile congestion and provide efficient mobility solutions. These systems operate autonomously, using precise train positioning and wireless communication with trackside equipment to ensure safe operations. For instance, in August 2022, Los Angeles International Airport (LAX) introduced its first APM train car, capable of carrying up to 200 passengers at speeds of 47 mph. These environmentally-friendly trains, with 98% recyclable materials, aim to reduce pollution and minimize vehicle traffic in the airport's primary terminal area. The maintenance and storage facilities incorporate solar panels and high-efficiency mechanical and electrical systems. Each train car features spacious doors to accommodate passengers and their belongings.
In July 2024, Shanghai Alstom Transport Electrical Equipment Co., Ltd. (SATEE), a China-based company specializing in traction systems and equipment, partnered with Alstom to create a new joint venture, Hefei Alstom Rail Transport Equipment Co., Ltd. (HATEE). This venture marks a significant step in Alstom's commitment to the Chinese rail transit market and aims to strengthen the industrial capabilities of Anhui Province and Hefei City. Alstom SA, a France-based provider of automated people movers, is leading this collaboration.
Major companies operating in the automated people mover market are BYD Company Ltd., Mitsubishi Heavy Industries Ltd., Thales, Alstom SA, Kawasaki Heavy Industries Ltd., Siemens Mobility, IHI Corporation, Westinghouse Electric Company, Stadler Rail AG, Hyundai Rotem Company Ltd., TPI Composites Inc., Vossloh, Von Roll, Doppelmayr Seilbahnen GmbH, Hitachi Rail Ltd., CAF Power & Automation, LEITNER, Intamin Transportation Ltd., POMA, PT Len Industri
North America was the largest region in the automated people mover market in 2024. The regions covered in the automated people mover market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the automated people mover market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The automated people mover market includes revenues earned by entities by providing services such as convenient and efficient travel, safety and security, reliability and operational efficiency, and accessibility. The market value includes the value of related goods sold by the service provider or included within the service offering. The automated people mover also includes sales of propulsion systems, sensors, cameras, electrical components, and communication systems. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Automated People Mover Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on automated people mover market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for automated people mover ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The automated people mover market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.