| Product Code: ETC7548258 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, India`s monorail import shipments continued to be dominated by top exporting countries including China, UK, Bulgaria, Germany, and Netherlands. Despite high market concentration, the industry experienced a significant decline with a CAGR of -15.25% from 2020 to 2024. The growth rate plummeted even further in 2024 by -61.55%, indicating challenges in the market. This data suggests a complex landscape for monorail imports in India, with potential implications for market players and policymakers to consider.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Monorail Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Monorail Market Revenues & Volume, 2021 & 2031F |
3.3 India Monorail Market - Industry Life Cycle |
3.4 India Monorail Market - Porter's Five Forces |
3.5 India Monorail Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India Monorail Market Revenues & Volume Share, By Propulsion, 2021 & 2031F |
3.7 India Monorail Market Revenues & Volume Share, By Size, 2021 & 2031F |
3.8 India Monorail Market Revenues & Volume Share, By Grade of Automation, 2021 & 2031F |
4 India Monorail Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Government initiatives and investments in urban transportation infrastructure |
4.2.2 Increasing urbanization and population density in major Indian cities |
4.2.3 Growing demand for sustainable and efficient public transportation systems |
4.3 Market Restraints |
4.3.1 High initial investment costs for monorail infrastructure development |
4.3.2 Limited public awareness and acceptance of monorail as a mode of transportation |
4.3.3 Regulatory challenges and bureaucratic delays in project approvals |
5 India Monorail Market Trends |
6 India Monorail Market, By Types |
6.1 India Monorail Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Monorail Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 India Monorail Market Revenues & Volume, By Straddle Monorail, 2021- 2031F |
6.1.4 India Monorail Market Revenues & Volume, By Suspended Monorail, 2021- 2031F |
6.2 India Monorail Market, By Propulsion |
6.2.1 Overview and Analysis |
6.2.2 India Monorail Market Revenues & Volume, By Electric Monorail Systems, 2021- 2031F |
6.2.3 India Monorail Market Revenues & Volume, By Maglev Monorail Systems, 2021- 2031F |
6.3 India Monorail Market, By Size |
6.3.1 Overview and Analysis |
6.3.2 India Monorail Market Revenues & Volume, By Large Size Segment, 2021- 2031F |
6.3.3 India Monorail Market Revenues & Volume, By Medium Size Segment, 2021- 2031F |
6.3.4 India Monorail Market Revenues & Volume, By Compact Size Segment, 2021- 2031F |
6.4 India Monorail Market, By Grade of Automation |
6.4.1 Overview and Analysis |
6.4.2 India Monorail Market Revenues & Volume, By GoA0, 2021- 2031F |
6.4.3 India Monorail Market Revenues & Volume, By GoA1, 2021- 2031F |
6.4.4 India Monorail Market Revenues & Volume, By GoA2, 2021- 2031F |
6.4.5 India Monorail Market Revenues & Volume, By GoA3, 2021- 2031F |
6.4.6 India Monorail Market Revenues & Volume, By GoA4, 2021- 2031F |
7 India Monorail Market Import-Export Trade Statistics |
7.1 India Monorail Market Export to Major Countries |
7.2 India Monorail Market Imports from Major Countries |
8 India Monorail Market Key Performance Indicators |
8.1 Average daily ridership on the monorail system |
8.2 Percentage of revenue generated from non-fare sources (advertising, retail, etc.) |
8.3 Customer satisfaction scores based on surveys and feedback |
8.4 Average speed and on-time performance of monorail services |
8.5 Percentage increase in connectivity and network expansion over time |
9 India Monorail Market - Opportunity Assessment |
9.1 India Monorail Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India Monorail Market Opportunity Assessment, By Propulsion, 2021 & 2031F |
9.3 India Monorail Market Opportunity Assessment, By Size, 2021 & 2031F |
9.4 India Monorail Market Opportunity Assessment, By Grade of Automation, 2021 & 2031F |
10 India Monorail Market - Competitive Landscape |
10.1 India Monorail Market Revenue Share, By Companies, 2024 |
10.2 India Monorail Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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