The Monorail market is a subset of the Rail industry, focusing on the development and operation of monorail systems. Monorail systems are a type of rail transport that use a single rail track, typically elevated, to support the vehicles. Monorail systems are often used in urban areas, as they are less disruptive to existing infrastructure than traditional rail systems. Monorail systems are also often used in amusement parks and airports, due to their ability to move large numbers of people quickly and efficiently. The Monorail market is highly competitive, with a number of companies offering a range of services. These include Hitachi Rail, Bombardier Transportation, Siemens Mobility, Hyundai Rotem, and CRRC Corporation. Other companies in the market include Mitsubishi Heavy Industries, Toshiba, and Kawasaki Heavy Industries. Show Less Read more
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