TRAM SYSTEMS MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

Key Developments

• In February 2023, CRRC Changchun is a Chinese company specializing in the manufacturing of railway transportation equipment, including trains, locomotives, and related components. introduced the first medium-capacity monorail train in Chongqing, China. This straddle-type monorail boasts excellent climbing abilities, a tight turning radius, and great adaptability to different environments. Each car can carry up to 136 passengers and travels at a maximum speed of 80km/h. Its flexible design meets various passenger needs, while its lightweight construction and low noise make it environment-friendly.
• In May 2022, Egypt unveiled the world's largest monorail system in Cairo, covering both eastern and western areas. Bombardier Transportation, a Canada-based company, successfully completed monorail projects.
• In March 2021, a self-driving monorail started running in Wuhu, China, owing to a collaboration between Alstom is a multinational company known for its expertise in manufacturing railway equipment and systems, including trains, signaling solutions, and infrastructure and CRRC. It uses an Automatic Train Operation system called ATO GoA 4, which lets it run on its own. The Wuhu Line 1, built with an investment exceeding 8 billion yuan, has an elevated track and can go up to 80 kilometers per hour. With advanced ATO GoA4 technology, this monorail operates without a driver, managing itself independently.
• In January 2020, Deutsche Bahn's hybrid shunting locomotive, nicknamed "hamburger," passed the full cabinet fire resistance test at the Qingyuan fire test laboratory in Guangdong. This achievement met the strict requirements of the EN 45545 fire protection design, which is currently the toughest standard for fire safety in the rail transit industry worldwide.