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Global Hyperloop Technology Market with COVID-19 Impact by Transportation System (Capsule, Guideway, Propulsion System, and Route), Carriage Type (Passenger, and Freight), Speed (Less than 700 kmph, and More than 700 kmph), and Region - Forecast to 2026

  • ID: 5336059
  • Report
  • May 2021
  • Region: Global
  • 156 Pages
  • Markets and Markets
Market Expected to Grow from USD 1.2 Billion in 2021 to USD 6.6 Billion by 2026, at a CAGR of 40.4%

FEATURED COMPANIES

  • AECOM
  • Hardt B.V.
  • Nevomo
  • TransPod
  • Virgin Hyperloop
  • Zeleros
  • MORE

The Hyperloop Technology market with COVID-19 impact is expected to grow from USD 1.2 billion in 2021 to USD 6.6 billion by 2026, at a CAGR of 40.4%.

The major factors driving the growth of the Hyperloop Technology market are decreased travel time and transport costs. less expensive and minimum infrastructural maintenance, creation of hyperloop network requires less land area, tolerance to earthquakes and other natural calamities and emphasis on solar power for energy consumption in the hyperloop transportation technology. However, Lack of awareness regarding hyperloop transportation technology, regulation not yet implemented for hyperloop transportation technology by governments and bureaucrats and safety and security concerns is expected to restrain the growth of the market.



Guideway is attributed to holding a major share of the Hyperloop Technology market

Guideway is attributed to holding a major share in the coming years owing to the increasing construction of elevated structures depending on the terrain of the tracks.

Freight transportation is expected to grow at the highest CAGR in the coming years

Freight transportation is expected to grow at the highest CAGR due to less regulations and minimal environmental restraints (for instance, impact of acceleration and pressure) for cargos, it is expected to attain higher adoption in the coming years.

Less than 700kmph is attributed to holding a major share in the Hyperloop Technology market

Less than 700kmph is attributed to hold a major share in the Hyperloop Technology market because in the present scenario, hyperloop with speed less than 700 kmph seems to be more feasible as per the tests conducted by different players in the Hyperloop Technology market.

APAC to witness highest CAGR of Hyperloop Technology market during the forecast period

APAC is expected to witness highest CAGR as the companies that are into hyperloop technology are focusing on this region due to the presence of a few evolved economies and the population crisis leading to crowded streets. Australia, India and South Korea are countries that have already signed MoUs with hyperloop companies and are working on the commercialization phase.

The break-up of primary participants for the report has been shown below:

  • By Company Type: Tier 1 - 18%, Tier 2 - 22%, and Tier 3 - 60%
  • By Designation: C-level Executives - 21%, Manager Level - 35%, and Others - 44%
  • By Region: North America - 45%, Europe - 38%, APAC - 12%, and RoW - 5%

The Hyperloop Technology market was dominated by Virgin Hyperloop (US), Hyperloop Transportation Technologies (US), Hardt B.V. (Netherlands), TRANSPOD (Canada), and Zeleros (Spain).

Research Coverage:

This research report categorizes the Hyperloop Technology market based on transportation system, carriage type, speed, and region. The report describes the major drivers, restraints, challenges, and opportunities pertaining to the Hyperloop Technology market and forecasts the same till 2026.

Key Benefits of Buying the Report

The report would help leaders/new entrants in this market in the following ways:

  • This report segments the Hyperloop Technology market comprehensively and provides the closest market size projection for all subsegments across different regions.
  • The report helps stakeholders understand the pulse of the market and provides them with information on key drivers, restraints, challenges, and opportunities for market growth.
  • This report would help stakeholders understand their competitors better and gain more insights to improve their position in the business. The competitive landscape section includes product launches and developments, collaborations and acquisitions.
  • This report would help understand the pre and post-COVID-19 scenarios as to how would the penetration of Hyperloop Technology will look like for the forecast period. The region segment includes the country wise impact analysis of COVID-19 and initiatives taken to overcome these impacts.
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • AECOM
  • Hardt B.V.
  • Nevomo
  • TransPod
  • Virgin Hyperloop
  • Zeleros
  • MORE

1 Introduction
1.1 Study Objectives
1.2 Market Definition and Scope
1.3 Inclusions and Exclusions
1.4 Study Scope
1.4.1 Markets Covered
Figure 1 Hyperloop Market Segmentation
1.4.2 Years Considered
1.5 Currency
1.6 Stakeholders
1.7 Limitations
1.8 Summary of Changes

2 Research Methodology
2.1 Research Data
Figure 2 Hyperloop Market: Research Design
2.1.1 Secondary and Primary Research
2.1.2 Secondary Data
2.1.2.1 Major Secondary Sources
2.1.2.2 Key Data from Secondary Sources
2.1.3 Primary Data
2.1.3.1 Primary Interviews with Experts
2.1.3.2 Key Data from Primary Sources
2.1.3.3 Breakdown of Primaries
2.1.3.4 Key Industry Insights
2.2 Market Size Estimation
Figure 3 Research Methodology: Approach
Figure 4 Market Size Estimation Methodology: Revenue of Market Players
2.2.1 Bottom-Up Approach
Figure 5 Hyperloop Market: Bottom-Up Approach
2.2.2 Top-Down Approach
2.2.2.1 Approach for Arriving at Market Size by Top-Down Analysis (Supply Side)
Figure 6 Hyperloop Market: Top-Down Approach
2.3 Market Breakdown and Data Triangulation
Figure 7 Data Triangulation
2.4 Risk Assessment
Table 1 Risk Factors Analysis
2.5 Forecasting Assumptions
2.6 Research Assumptions

3 Executive Summary
3.1 Impact of COVID-19 on Hyperloop Market
Figure 8 Pre- and Post-COVID-19 Scenario: Hyperloop Market
3.2 Pre-COVID-19
3.3 Post-COVID-19
3.4 Regional Impact
Figure 9 Hyperloop Market: Growth Trend
Figure 10 Capsule to Grow at Highest CAGR in Hyperloop Market From 2021 to 2026
Figure 11 Passenger Segment to Hold Major Market Share in 2026
Figure 12 More Than 700 Kmph to Grow at Higher CAGR in Hyperloop Market from 2021 to 2026
Figure 13 APAC to Grow at Highest CAGR in Hyperloop Market During Forecast Period

4 Premium Insights
4.1 Attractive Opportunities in Hyperloop Market
Figure 14 Rising Demand for Decreased Travel Time to Propel Hyperloop Market Growth from 2021 to 2026
4.2 Hyperloop Market, Transportation System
Figure 15 Capsule to Register Highest CAGR in Hyperloop Market During Forecast Period
4.3 Hyperloop Market, by Carriage Type
Figure 16 Passenger to Hold Larger Share of Hyperloop Market in 2026
4.4 Hyperloop Market, by Speed
Figure 17 More Than 700 Kmph to Exhibit Higher CAGR in Hyperloop Market During Forecast Period
4.5 Hyperloop Market, by Region (USD Million)
Figure 18 APAC to Record Highest CAGR in Hyperloop Market During Forecast Period

5 Market Overview
5.1 Introduction
5.2 Market Evolution
Figure 19 Market Evolution
Figure 20 Hyperloop Market Evolution
5.3 Market Dynamics
Figure 21 Drivers, Restraints, Opportunities, and Challenges: Hyperloop Market
5.3.1 Drivers
Figure 22 Hyperloop Market Drivers and Their Impact
5.3.1.1 Decreased Travel Time and Transport Costs
Table 2 Comparison of Hyperloop with Other Modes of Transport
5.3.1.2 Less Expensive and Minimum Infrastructural Maintenance
5.3.1.3 Creation of Hyperloop Network Requires Less Land Area
5.3.1.4 Tolerance to Earthquakes and Other Natural Calamities
5.3.1.5 Emphasis on Solar Power for Energy Consumption in The Hyperloop Transportation Technology
5.3.2 Restraints
Figure 23 Hyperloop Market Restraints and Their Impact
5.3.2.1 Lack of Awareness Regarding Hyperloop Transportation Technology
5.3.2.2 Regulations Not Yet Implemented for Hyperloop Transportation Technology by Governments and Bureaucrats
5.3.2.3 Safety and Security Concerns
5.3.3 Opportunities
Figure 24 Hyperloop Market Opportunities and Their Impact
5.3.3.1 Reduction in Travelling-Related Expenses
5.3.3.2 Need for Urban Decongestion
5.3.3.3 Boost to Energy-Efficient Transportation with the Use Of Hyperloop Technology
5.3.4 Challenges
Figure 25 Hyperloop Market Challenges and Their Impact
5.3.4.1 Shortages of Capital from Government and Capital Investors
5.3.4.2 Possibility of Passenger Emergency Due to Power Outage
5.3.4.3 Capsule Depressurization Risk
5.4 Technology Analysis
5.4.1 Competitive Technologies
5.4.1.1 Maglev
5.4.1.2 High-Speed Rail
5.4.2 Venture Funding in Hyperloop Technology Market
Table 3 Venture Funding in Hyperloop Technology Market
5.4.3 Lists of Project Proposals in Hyperloop Technology Market
Table 4 Lists of Project Proposals in Hyperloop Technology Market
5.5 Case Studies
5.5.1 Cargo Hyperloop Test Track in Dubai
Figure 26 Hyperloop to Reduce Travel Times from Dubai to Abu Dhabi
5.5.2 Hyperloop Test Tracks in US
5.5.3 Hyperloop Test Tracks in Europe
5.6 Hyperloop Groups/Alliances Working Worldwide
Table 5 Hyperloop Groups/Alliances Worldwide
5.7 Participants of Hyperloop One Global Challenge (HOGC)
Table 6 Participants of Hyperloop One Global Challenge (HOGC)
5.8 Pricing Analysis
Figure 27 Average Selling Price Analysis
Table 7 Average Selling Price of Capsules, 2019-2026
5.8.1 Capital Cost Estimate Breakdown
Table 8 Capital Cost Estimate Breakdown for 500-Km Generic Hyperloop Corridor in Canada
5.9 Supply Chain Analysis
Figure 28 Hyperloop Market: Supply Chain Analysis
5.9.1 Hyperloop Original Equipment Manufacturers
5.9.2 Track Providers
5.9.3 End-Users
5.10 Ecosystem
Figure 29 Hyperloop Ecosystem
Table 9 Hyperloop Market: Ecosystem
5.11 Porter's Five Forces Analysis
Table 10 Hyperloop Market: Porter's Five Forces Analysis
Figure 30 Hyperloop Market: Porter's Five Forces Analysis
5.11.1 Competitive Rivalry
Figure 31 Market Growth Would Have Major Impact on Hyperloop Market
5.11.2 Threat of New Entrants
Figure 32 Capital Required Hinders New Entrants from Entering Hyperloop Market
5.11.3 Threat of Substitutes
Figure 33 Substitute Cost Has Major Impact on Hyperloop Market
5.11.4 Bargaining Power of Buyers
Figure 34 Role of Brand Impacts Largely on Bargaining Power of Buyers
5.11.5 Bargaining Power of Suppliers
Figure 35 Brand Loyalty Maximizes Bargaining Power of Suppliers in Hyperloop Market
5.12 Trade Analysis
Table 11 Import Data of Units for Articles of Stone or of Other Mineral Substances Including Carbon Fibers, by Country, 2016-2019 (USD Million)
Figure 36 Import Data for Hs Code 6815 for Top 5 Countries In Hyperloop Market, 2016-2019 (USD Million)
Table 12 Export Data of Units for Articles of Stone or of Other Mineral Substances Including Carbon Fibers, by Country, 2016-2019 (USD Million)
Figure 37 Export Data for Hs Code 6815 for Top 5 Countries In Hyperloop Market, 2016-2019 (USD Million)
5.13 Regulatory Standards
Table 13 Regulatory Standards for Hyperloop Market
5.14 Patent Analysis
Figure 38 Patent Analysis
Table 14 Noticeable Patents of Hyperloop Transportation Technologies

6 Hyperloop Market, by Transportation System
6.1 Introduction
Figure 39 Capsules to Grow at Highest CAGR During Forecast Period
Table 15 Hyperloop Technology Market, by Transportation System, 2019-2026 (USD Million)
6.2 Capsule
6.2.1 Capsule to Grow at Highest CAGR in Coming Years
Table 16 Total Cost of Hyperloop Passenger Transportation System
Table 17 Total Cost of Hyperloop Passenger Plus Freight Transportation System
Table 18 Hyperloop Market for Transportation System for Capsule, By Carriage Type, 2019-2026 (USD Million)
6.3 Guideway
6.3.1 Guideway to Account for Largest Market Share During Forecast Period
Table 19 Hyperloop Market for Transportation System for Guideway, By Carriage Type, 2019-2026 (USD Million)
6.4 Propulsion System
6.4.1 Propulsion System Accelerates Capsule, Increases and Maintains High Speed, and Decelerates When Required
Table 20 Hyperloop Market for Transportation System for Propulsion System, by Carriage Type, 2019-2026 (USD Million)
6.5 Route
6.5.1 Route Comprises Support Facilities, Professional Services, And Siteworks
Table 21 Hyperloop Market for Transportation System for Route, By Carriage Type, 2019-2026 (USD Million)

7 Hyperloop Market, by Carriage Type
7.1 Introduction
Figure 40 Passenger Segment to Hold Major Market Share During Forecast Period
Table 22 Hyperloop Technology Market, by Carriage Type, 2019-2026 (USD Million)
7.2 Passenger
7.2.1 Passenger Carriage to be Major Market Shareholder
7.2.2 Proposed Passenger Transportation Routes
Table 23 Proposed Passenger Transportation Routes Stage/Country and Funding Details
Table 24 Passenger Type Hyperloop Market, by Transportation System, 2019-2026 (USD Million)
7.3 Freight
7.3.1 Manufacturing Cost of Freight Pod to be Lower Than That of Passenger Pod
7.3.2 Proposed Freight Transportation Routes
Table 25 Proposed Freight Transportation Routes Stage /Country and Funding Details
Table 26 Freight Type Hyperloop Technology Market, By Transportation System, 2019-2026 (USD Million)

8 Hyperloop Market, by Speed
8.1 Introduction
Figure 41 More Than 700 Kmph to Witness Higher CAGR in Coming Years
Table 27 Hyperloop Technology Market, by Speed, 2019-2026 (USD Million)
8.2 Less Than 700 Kmph
8.2.1 Less Than 700 Kmph to Hold Major Share During Initial Commercialization Years
8.3 More Than 700 Kmph
8.3.1 Top Speed for Passenger Vehicle or Light Cargo Will Be 670 Miles/Hour or 1080 Km/Hour
8.4 Analysis of Hyperloop and Competing Mode of Transportation
Table 28 Speed Comparison for Different Transport Modes
Table 29 Intercity Connection Over 500 Km for Different Transport Modes

9 Geographic Analysis
9.1 Introduction
Figure 42 Hyperloop Market in South Korea to Grow at Highest CAGR From 2021 to 2026
Table 30 Hyperloop Technology Market, by Region, 2019-2026 (USD Million)
9.2 Major Proposed Hyperloop Routes Across Countries
Table 31 List of Proposed Hyperloop Routes
9.3 North America
Figure 43 North America: Hyperloop Market Snapshot
Table 32 Hyperloop Technology Market in US, by Country, 2019-2026 (USD Million)
9.3.1 US
9.3.1.1 PESTLE Analysis
9.3.2 Canada
9.3.2.1 PESTLE Analysis
9.4 Europe
Figure 44 Europe: Hyperloop Market Snapshot
Table 33 Hyperloop Technology Market in Europe, by Country, 2019-2026 (USD Million)
9.4.1 France
9.4.1.1 PESTLE Analysis
9.4.2 Germany
9.4.2.1 PESTLE Analysis
9.4.3 Spain
9.4.3.1 PESTLE Analysis
9.4.4 Netherlands
9.4.4.1 PESTLE Analysis
9.4.5 Poland
9.4.5.1 PESTLE Analysis
9.5 APAC
Figure 45 APAC: Hyperloop Market Snapshot
Table 34 Hyperloop Technology Market in APAC, by Country, 2019-2026 (USD Million)
9.5.1 Australia
9.5.1.1 PESTLE Analysis
9.5.2 India
9.5.2.1 PESTLE Analysis
9.5.3 South Korea
9.5.3.1 PESTLE Analysis
9.6 RoW
Figure 46 RoW: Hyperloop Market Snapshot
Table 35 Hyperloop Technology Market in RoW, by Region, 2019-2026 (USD Million)
9.6.1 South America
9.6.1.1 Brazil
9.6.1.1.1 PESTLE Analysis
9.6.2 Middle East
9.6.2.1 UAE
9.6.2.1.1 PESTLE Analysis

10 Competitive Landscape
10.1 Introduction
Figure 47 Companies Adopted Product Launches and Developments, Agreements, and Investments as Key Growth Strategies from January 2019 to March 2021
10.2 Market Evaluation Framework
Table 36 Overview of Strategies Deployed by Key Hyperloop Solution Providers
10.2.1 Product Portfolio
10.2.2 Regional Focus
10.2.3 Manufacturing Footprint
10.2.4 Organic/Inorganic Growth Strategies
10.3 Market Share Analysis, 2020
Figure 48 Share Range of Key Companies in Hyperloop Market, 2020
Table 37 Hyperloop Market: Degree of Competition
10.4 Ranking Analysis of Key Players in Hyperloop Market
Figure 49 Hyperloop Market Ranking, 2020
10.5 Company Evaluation Quadrant
Table 38 Company Region Footprint
Table 39 Company Footprint
10.6 Competitive Evaluation Quadrant
10.6.1 Star
10.6.2 Emerging Leader
10.6.3 Pervasive
10.6.4 Participant
Figure 50 Hyperloop Market: Company Evaluation Quadrant, 2020
10.7 Startup/SME Evaluation Matrix
10.7.1 Progressive Companies
10.7.2 Responsive Companies
10.7.3 Dynamic Companies
10.7.4 Starting Blocks
Figure 51 Hyperloop Market: Startup/SME Evaluation Matrix, 2020
10.8 Competitive Scenario
Figure 52 Market Evaluation Framework: Product Launches, Agreements, and Investments Have Been Key Growth Strategies Adopted By Market Players from January 2019 to March 2021
10.9 Competitive Situations and Trends
10.9.1 Product Launches
Table 40 Hyperloop Market: Product Launches, January 2019 To
March 2021
10.9.2 Agreements
Table 41 Hyperloop Market: Agreements, January 2019 to March 2021
10.9.3 Deals
Table 42 Hyperloop Market: Deals, January 2019 to March 2021

11 Company Profiles
11.1 Key Players (Business Overview, Products/Services/Solutions Offered, Recent Developments, and Analyst's View)*
11.1.1 Virgin Hyperloop
Table 43 Virgin Hyperloop: Business Overview
11.1.2 Hyperloop Transportation Technologies
Table 44 Hyperloop Transportation Technologies: Business Overview
11.1.3 Hardt B.V.
Table 45 Hardt B.V.: Business Overview
11.1.4 TransPod
Table 46 TransPod: Business Overview
11.1.5 Zeleros
Table 47 Zeleros: Business Overview
11.1.6 Nevomo
Table 48 Nevomo: Business Overview
11.1.7 AECOM
Table 49 AECOM: Business Overview
Figure 53 AECOM: Company Snapshot
11.1.8 The Boring Company (Spacex)
Table 50 The Boring Company (Spacex): Business Overview
* Business Overview, Products/Services/Solutions Offered, Recent Developments, and Analyst's View Might Not be Captured in Case of Unlisted Companies.

12 Appendix
12.1 Discussion Guide
12.2 Knowledge Store: The Subscription Portal
12.3 Available Customizations

Note: Product cover images may vary from those shown
  • AECOM
  • Hardt B.V.
  • Hyperloop Transportation Technologies
  • Nevomo
  • The Boring Company (Spacex)
  • TransPod
  • Virgin Hyperloop
  • Zeleros
Note: Product cover images may vary from those shown

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