The adoption of automated people mover in Japan is set to exhibit a CAGR of 5.8% through 2034. The demand for automated people mover in Japan is poised to witness significant opportunities, reaching USD 195.52 million in 2024.
Automated people mover is becoming an integral component of transportation systems, providing seamless connectivity between various modes of transit. This trend addresses the growing need for efficient and convenient transportation solutions. By 2034, the sales of automated people mover in Japan is likely to secure a valuation of USD 346.10 million.
Attributes | Details |
---|---|
Expected Value in 2024 | USD 195.52 million |
Projected Value by 2034 | USD 346.10 million |
CAGR Estimation from 2024 to 2034 | 5.8% |
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Tokyo, situated in the Kanto region, is among the highly populated and densely inhabited urban areas globally. As urbanization continues and population density increases, there is a greater need for efficient and convenient transportation solutions, potentially driving the demand for automated people mover.
Several important airports, including Tokyo Haneda International Airport and Narita International Airport, serve the Kanto region. Automated people mover is commonly used in airports to transport passengers between terminals and facilities. Continued airport expansion and modernization projects could contribute to the growth of automated people mover industry.
Tokyo and other cities in the Kanto region are actively involved in smart city initiatives, focusing on incorporating advanced technologies to enhance urban living. Automated people mover is likely to play a role in these initiatives by providing efficient and technology-driven transportation solutions. The Kanto region includes key business districts and commercial areas. Automated people mover can provide convenient connectivity within these districts, linking office complexes, shopping centers, and public transit hubs.
Chubu is a crucial industrial and economic hub in Japan, housing various manufacturing and technology companies. As industrial activity grows, there may be an increased demand for efficient transportation solutions within industrial complexes and business districts.
Ongoing and planned transportation infrastructure projects in the region, including airport expansions, urban development, and connectivity improvements, may drive the demand for automated people mover. The region's key airport, Chubu Centrair International Airport, could be a key focal point for APM utilization.
As urbanization and population growth occur, the need for efficient and sustainable transportation solutions within urban centers and suburban areas may increase, contributing to the demand for APM systems.
In 2024, the duo rail segment is likely to account for an industry share of 81%. Duo rail takes up less area horizontally and vertically than traditional rail systems. Duo rail vehicles are broader than the beam and are frequently elevated, requiring just a small footprint for support pillars. These factors are expected to fuel sales of duo rail systems in the forthcoming years.
Attribute | Details |
---|---|
System | Duo Rail |
Value Share in 2024 | 81% |
In 2024, the airport segment is projected to hold an industry share of 61.5%. People mover systems are used in many international airports worldwide to convey passengers between terminals or inside a terminal. Airports often have multiple terminals, each serving different airlines or flight operations. APMs provide a quick and efficient means of connecting passengers between terminals, reducing the time and effort required for transit.
Attribute | Details |
---|---|
Application | Airports |
Value Share in 2024 | 61.5% |
Acquisitions and mergers are the default expansion strategies for players operating in the automated people mover industry in Japan. Key manufacturers of automated people mover in Japan focus on facility expansions, product innovations, and promotional activities to increase sales and gain a competitive edge. Key players in the automated people mover ecosystem are also investing to enhance their manufacturing capabilities and geographical footprint, aiming to increase their industry share.
Attribute | Details |
---|---|
Estimated Industry Size in 2024 | USD 195.52 million |
Projected Industry Size by 2034 | USD 346.10 million |
Anticipated CAGR between 2024 to 2034 | 5.8% CAGR |
Historical Analysis of Demand for Automated People Mover in Japan | 2019 to 2023 |
Demand Forecast for Automated People Mover in Japan in Japan | 2024 to 2034 |
Report Coverage | Industry Size, Industry Trends, Analysis of key factors influencing Automated People Mover in Japan, Insights on Global Players and their Industry Strategy in Japan, Ecosystem Analysis of Local Providers in Japan |
Key Cities Analyzed while Studying Opportunities in Automated People Mover in Japan | Kanto, Chubu, Kinki (Kansai), Kyushu and Okinawa, Tohoku, Rest of Japan |
Key Companies Profiled | Mitsubishi Heavy Industries (MHI); Hitachi, Ltd.; Kawasaki Heavy Industries, Ltd.; Mitsui Engineering & Shipbuilding Co., Ltd; Nippon Sharyo, Ltd; Toshiba Infrastructure Systems & Solutions Corporation |
The estimated valuation of the automated people mover in Japan is USD 195.52 million in 2024.
The anticipated CAGR for the automated people mover ecosystem in Japan through 2034 is 5.8%.
Demand for automated people mover in Japan is likely to reach USD 346.10 million by 2034.
The airport segment is likely to account for high industry share.
1. Executive Summary 2. Market Overview 3. Market Background 4. Industry Analysis and Outlook 2018 to 2022 and Forecast, 2023 to 2033 5. Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By System Type 5.1. Monorail 5.2. Duo Rail 5.3. Automated Guide Way Transit or Maglev 6. Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Application 6.1. Airport 6.2. Urban Transit 6.3. Amusements Parks 6.4. Shopping or Commercial Centres 6.5. Others 7. Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Region 7.1. Kanto 7.2. Chubu 7.3. Kinki 7.4. Kyushu & Okinawa 7.5. Tohoku 7.6. Rest of Japan 8. Kanto Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033 9. Chubu Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033 10. Kinki Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033 11. Kyushu & Okinawa Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033 12. Tohoku Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033 13. Rest of Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033 14. Market Structure Analysis 15. Competition Analysis 15.1. Siemens 15.2. MITSUBISHI HEAVY INDUSTRIES, LTD. 15.3. Doppelmayr Seilbahnen GmbH 15.4. PT Len Industri (Persero) 15.5. LEITNER AG 15.6. Coester Group 15.7. HYUNDAI ROTEM COMPANY 15.8. IHI Corporation 15.9. Alstom 15.10. Bombardier 16. Assumptions & Acronyms Used 17. Research Methodology
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