Monorail System Market Share

Market Share of Monorail System Industry

Bombardier, Siemens, CRRC, Hitachi, Intamin Transportation, and BYD Co. Ltd are the major manufacturers operating in the monorail system market. New product launches, acquisitions, mergers, and continuous technological innovations are the characteristics of most companies in the market studied. For instance:

• In March 2024, Egis and its partner, TYLin, secured a contract from the Tainan City government to develop the basic design for Taiwan's inaugural monorail line.
• In August 2023, the Dominican Republic selected an Alstom-led consortium to implement the nation’s first monorail system in Santiago de los Caballeros.
• In October 2022, CRRC, in collaboration with the Portuguese company Mota-Engil, secured a USD 1.4 billion contract to construct three subway lines and supply 132 train cars.

Monorail System Market Leaders

1. Bombardier Inc.

2. Siemens AG

3. CRRC Corporation Limited

4. Hitachi, Ltd.

5. Intamin Transportation

*Disclaimer: Major Players sorted in no particular order