
Global Maglev Train Market Growth โ Valued at $2.7 Billion (2025), Projected to Reach $5.6 Billion (2035) at 7.4% CAGR
WILMINGTON, NEW CASTLE, DE, UNITED STATES, March 17, 2025 /EINPresswire.com/ -- Allied Market Research published a report, titled, "Maglev Train Market by Type (Normal Conducting Magnetic Levitation, Superconducting Maglevs), by Technology (Electromagnetic Suspension (EMS), Electro-dynamic Suspension (EDS), Inductrack System (permanent magnet passive suspension)), by Application (Passenger, Freight), by Top Speed (Low, Medium, High): Global Opportunity Analysis and Industry Forecast, 2025-2035." According to the report, the global maglev train market size is expected to be valued $2.7 billion in 2025, and is projected to reach $5.6 billion by 2035, growing at a CAGR of 7.4% from 2025 to 2035. The report offers a detailed analysis of changing market trends, top segments, key investment pockets, value chain, regional landscape, and competitive scenario.
๐๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐ฌ : https://www.alliedmarketresearch.com/request-sample/A09096
๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ ๐๐ง๐ ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ
Rise in demand for secure, safer, and efficient transport systems, increase in the allocation of budget for development of railways, and rise in use of public transport services as a solution to minimize traffic congestion fuel the growth of the global maglev train market. However, high capital requirement and refurbishment of existing rails hinder the market growth. On the other hand, improvement in railway infrastructure in developing countries and increase in development & testing of maglev trains present new opportunities in the market in the coming years.
๐๐จ๐ฏ๐ข๐-๐๐ ๐๐๐๐ง๐๐ซ๐ข๐จ
The COVID-19 pandemic created uncertainty in the maglev train market. Governments of different regions announced lockdown and temporary shutdown of industries, which in turn, adversely affected the overall production and sales of maglev trains. Lockdown and trade restrictions disrupted the exports, especially from China, causing manufacturing interruptions across Europe and the closure of assembly plants in the U.S.
The railway department halted all the passenger train services and limited its freight transport services due to the reduced demand for commodities and disturbed supply chain.
However, the leading market players are taking measures to deal with the negative effects of the pandemic outbreak. For instance, in 2020, Japan announced its plans to conduct tests of a new prototype maglev train. Moreover, government authorities and operators are expected to accelerate and resume maglev projects which were previously halted, and expand the rail network after the pandemic.
๐๐ซ๐จ๐๐ฎ๐ซ๐ ๐๐จ๐ฆ๐ฉ๐ฅ๐๐ญ๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ : https://www.alliedmarketresearch.com/maglev-train-market/purchase-options
๐๐ก๐ ๐ฌ๐ฎ๐ฉ๐๐ซ๐๐จ๐ง๐๐ฎ๐๐ญ๐ข๐ง๐ ๐ฆ๐๐ ๐ฅ๐๐ฏ๐ฌ ๐ฌ๐๐ ๐ฆ๐๐ง๐ญ ๐ญ๐จ ๐๐จ๐ฆ๐ข๐ง๐๐ญ๐ ๐ญ๐ก๐ ๐ฆ๐๐ซ๐ค๐๐ญ ๐ข๐ง ๐ญ๐๐ซ๐ฆ๐ฌ ๐จ๐ ๐ซ๐๐ฏ๐๐ง๐ฎ๐ ๐๐ฎ๐ซ๐ข๐ง๐ ๐ญ๐ก๐ ๐๐จ๐ซ๐๐๐๐ฌ๐ญ ๐ฉ๐๐ซ๐ข๐จ๐
Based on type, the superconducting maglevs (SCMAGLEV) segment contributed to the largest share of more than three-fourths of the global maglev train market in 2025, and is expected to rule the roost during the forecast period. The lack of electrical resistance in superconducting magnets allows the SCMAGLEV to consume 30% less energy than other high-speed maglev trains and 50% less than a commercial airliner, making it one of the most efficient modes of large-scale transit. However, the normal conducting magnetic levitation segment is projected to witness the fastest CAGR of 8.6% from 2025 to 2035. The system operates without contacting the railway track and hence, has no wear and friction, thus increasing efficiency, reducing maintenance costs, and increasing the life of the system.
๐๐ก๐ ๐๐ฅ๐๐๐ญ๐ซ๐จ๐ฆ๐๐ ๐ง๐๐ญ๐ข๐ ๐ฌ๐ฎ๐ฌ๐ฉ๐๐ง๐ฌ๐ข๐จ๐ง (๐๐๐) ๐ฌ๐๐ ๐ฆ๐๐ง๐ญ ๐ญ๐จ ๐ฆ๐๐ข๐ง๐ญ๐๐ข๐ง ๐ข๐ญ๐ฌ ๐ฅ๐ข๐จ๐ง'๐ฌ ๐ฌ๐ก๐๐ซ๐ ๐๐ฎ๐ซ๐ข๐ง๐ ๐ญ๐ก๐ ๐๐จ๐ซ๐๐๐๐ฌ๐ญ ๐ฉ๐๐ซ๐ข๐จ๐
Based on technology, the electromagnetic suspension (EMS) segment held the largest share of nearly half of the global maglev train market in 2025, and is expected to maintain a prominent growth during the forecast period. EMS has several advantages compared to other maglev systems such as low stray magnetic fields in the passenger cabin and the surrounding areas, uniform load distribution along the full length of the vehicle, and small pole pitch for smoother propulsion and ride comfort. However, the inductrack system (permanent magnet passive suspension) segment is likely to exhibit the highest CAGR of 9.2% in 2035. Inductrack system is less expensive than the EDS or EMS maglevs. It optimizes levitation efficiency using permanent magnets and a passive track, which is a widely used technology among maglevs running across the globe.
๐๐ฎ๐ซ๐จ๐ฉ๐ ๐ญ๐จ ๐ ๐๐ซ๐ง๐๐ซ ๐ญ๐ก๐ ๐ฅ๐๐ซ๐ ๐๐ฌ๐ญ ๐ซ๐๐ฏ๐๐ง๐ฎ๐ ๐๐ฒ ๐๐๐๐
Based on region, Europe was the largest market in 2025, accounting for nearly half of the global maglev train market, and is likely to lead the trail throughout the forecast period. This is due to rapid urbanization in developing countries of Europe, increase in investment in development, maintenance & upgradation of rolling stock, and surge in fast & reliable railway network in the region. However, North America is anticipated to manifest the fastest CAGR of 9.5% during the forecast period, due to the presence of leading maglev train manufacturers in the region and rise in number of industries opting for the use of maglev trains over other modes of transport.
๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ฒ๐ข๐ง๐ : https://www.alliedmarketresearch.com/purchase-enquiry/A09096
๐๐๐๐๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ :
Agile Setu Pvt. Ltd.
Alstom
American Maglev Technology, Inc.
Bharat Heavy Electricals Ltd.
CentralJapan Railway Company
CRRC Corporation Limited (CRRC)
East Japan Railway Company
Hitachi Ltd.
Hyundai Rotem Company
Max Bรถgl
Medha Servo Drives Pvt. Ltd.
Mitsubishi Heavy Industries, Ltd.
Northeast Maglev
Shanghai Maglev Transportation Development Co., Ltd.
SwissRapide AG
WSP
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๐๐๐จ๐ฎ๐ญ ๐ฎ๐ฌ :
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
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