The Global Monorail System Market size is expected to grow at an annual average of 1.36% during 2019-2025. The monorail system is a single rail track service for passengers. The main driver of the growth of monorail systems is urbanization and the increasing demand for cost-effective and efficient transport for public services. Straddle by monorail type Monorail is expected to occupy the largest share in the global monorail system market. The straddle monorail system is easy to install and offers safety, reliability and maintainability compared to suspended monorail systems without investing in expensive track construction.
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The following players are covered in this report:
By type
- straddle
- suspended
By momentum
- electric
- Magnetic levitation
By size
- large
- medium
- compact
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
