Table of Content

1 INTRODUCTION 19
1.1 STUDY OBJECTIVES 19
1.2 MARKET DEFINITION AND SCOPE 19
1.3 INCLUSIONS AND EXCLUSIONS 20
1.4 STUDY SCOPE 20
1.4.1 MARKETS COVERED 20
FIGURE 1 HYPERLOOP MARKET SEGMENTATION 20
1.4.2 YEARS CONSIDERED 21
1.5 CURRENCY 21
1.6 STAKEHOLDERS 21
1.7 LIMITATIONS 22
1.8 SUMMARY OF CHANGES 22
2 RESEARCH METHODOLOGY 24
2.1 RESEARCH DATA 24
FIGURE 2 HYPERLOOP MARKET: RESEARCH DESIGN 25
2.1.1 SECONDARY AND PRIMARY RESEARCH 26
2.1.2 SECONDARY DATA 26
2.1.2.1 Major secondary sources 27
2.1.2.2 Key data from secondary sources 27
2.1.3 PRIMARY DATA 28
2.1.3.1 Primary interviews with experts 28
2.1.3.2 Key data from primary sources 28
2.1.3.3 Breakdown of primaries 29
2.1.3.4 Key industry insights 29
2.2 MARKET SIZE ESTIMATION 30
FIGURE 3 RESEARCH METHODOLOGY: APPROACH 30
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: REVENUE OF MARKET PLAYERS 31
2.2.1 BOTTOM-UP APPROACH 31
FIGURE 5 HYPERLOOP MARKET: BOTTOM-UP APPROACH 32
2.2.2 TOP-DOWN APPROACH 32
2.2.2.1 Approach for arriving at market size by top-down analysis
(supply side) 32
FIGURE 6 HYPERLOOP MARKET: TOP-DOWN APPROACH 33
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION 33
FIGURE 7 DATA TRIANGULATION 33
2.4 RISK ASSESSMENT 34
TABLE 1 RISK FACTORS ANALYSIS 34
2.5 FORECASTING ASSUMPTIONS 35
2.6 RESEARCH ASSUMPTIONS 36
3 EXECUTIVE SUMMARY 37
3.1 IMPACT OF COVID-19 ON HYPERLOOP MARKET 38
FIGURE 8 PRE- AND POST-COVID-19 SCENARIO: HYPERLOOP MARKET 38
3.2 PRE-COVID-19 38
3.3 POST-COVID-19 38
3.4 REGIONAL IMPACT 39
FIGURE 9 HYPERLOOP MARKET: GROWTH TREND 39
FIGURE 10 CAPSULE TO GROW AT HIGHEST CAGR IN HYPERLOOP MARKET
FROM 2021 TO 2026 40
FIGURE 11 PASSENGER SEGMENT TO HOLD MAJOR MARKET SHARE IN 2026 40
FIGURE 12 MORE THAN 700 KMPH TO GROW AT HIGHER CAGR IN HYPERLOOP MARKET FROM 2021 TO 2026 41
FIGURE 13 APAC TO GROW AT HIGHEST CAGR IN HYPERLOOP MARKET
DURING FORECAST PERIOD 42
4 PREMIUM INSIGHTS 43
4.1 ATTRACTIVE OPPORTUNITIES IN HYPERLOOP MARKET 43
FIGURE 14 RISING DEMAND FOR DECREASED TRAVEL TIME TO PROPEL
HYPERLOOP MARKET GROWTH FROM 2021 TO 2026 43
4.2 HYPERLOOP MARKET, TRANSPORTATION SYSTEM 43
FIGURE 15 CAPSULE TO REGISTER HIGHEST CAGR IN HYPERLOOP MARKET
DURING FORECAST PERIOD 43
4.3 HYPERLOOP MARKET, BY CARRIAGE TYPE 44
FIGURE 16 PASSENGER TO HOLD LARGER SHARE OF HYPERLOOP MARKET IN 2026 44
4.4 HYPERLOOP MARKET, BY SPEED 44
FIGURE 17 MORE THAN 700 KMPH TO EXHIBIT HIGHER CAGR IN HYPERLOOP MARKET DURING FORECAST PERIOD 44
4.5 HYPERLOOP MARKET, BY REGION (USD MILLION) 45
FIGURE 18 APAC TO RECORD HIGHEST CAGR IN HYPERLOOP MARKET
DURING FORECAST PERIOD 45
5 MARKET OVERVIEW 46
5.1 INTRODUCTION 46
5.2 MARKET EVOLUTION 46
FIGURE 19 MARKET EVOLUTION 46
FIGURE 20 HYPERLOOP MARKET EVOLUTION 47
5.3 MARKET DYNAMICS 47
FIGURE 21 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES:
HYPERLOOP MARKET 47
5.3.1 DRIVERS 48
FIGURE 22 HYPERLOOP MARKET DRIVERS AND THEIR IMPACT 48
5.3.1.1 Decreased travel time and transport costs 48
TABLE 2 COMPARISON OF HYPERLOOP WITH OTHER MODES OF TRANSPORT 49
5.3.1.2 Less expensive and minimum infrastructural maintenance 49
5.3.1.3 Creation of hyperloop network requires less land area 49
5.3.1.4 Tolerance to earthquakes and other natural calamities 50
5.3.1.5 Emphasis on solar power for energy consumption in the
hyperloop transportation technology 50
5.3.2 RESTRAINTS 51
FIGURE 23 HYPERLOOP MARKET RESTRAINTS AND THEIR IMPACT 51
5.3.2.1 Lack of awareness regarding hyperloop transportation technology 51
5.3.2.2 Regulations not yet implemented for hyperloop transportation technology by governments and bureaucrats 51
5.3.2.3 Safety and security concerns 52
5.3.3 OPPORTUNITIES 52
FIGURE 24 HYPERLOOP MARKET OPPORTUNITIES AND THEIR IMPACT 52
5.3.3.1 Reduction in travelling-related expenses 52
5.3.3.2 Need for urban decongestion 53
5.3.3.3 Boost to energy-efficient transportation with the use of
hyperloop technology 53
5.3.4 CHALLENGES 54
FIGURE 25 HYPERLOOP MARKET CHALLENGES AND THEIR IMPACT 54
5.3.4.1 Shortages of capital from government and capital investors 54
5.3.4.2 Possibility of passenger emergency due to power outage 54
5.3.4.3 Capsule depressurization risk 55
5.4 TECHNOLOGY ANALYSIS 55
5.4.1 COMPETITIVE TECHNOLOGIES 55
5.4.1.1 Maglev 55
5.4.1.2 High-speed Rail 55
5.4.2 VENTURE FUNDING IN HYPERLOOP TECHNOLOGY MARKET 56
TABLE 3 VENTURE FUNDING IN HYPERLOOP TECHNOLOGY MARKET 56
5.4.3 LISTS OF PROJECT PROPOSALS IN HYPERLOOP TECHNOLOGY MARKET 57
TABLE 4 LISTS OF PROJECT PROPOSALS IN HYPERLOOP TECHNOLOGY MARKET 57
5.5 CASE STUDIES 58
5.5.1 CARGO HYPERLOOP TEST TRACK IN DUBAI 58
FIGURE 26 HYPERLOOP TO REDUCE TRAVEL TIMES FROM DUBAI TO ABU DHABI 58
5.5.2 HYPERLOOP TEST TRACKS IN US 59
5.5.3 HYPERLOOP TEST TRACKS IN EUROPE 59
5.6 HYPERLOOP GROUPS/ALLIANCES WORKING WORLDWIDE 60
TABLE 5 HYPERLOOP GROUPS/ALLIANCES WORLDWIDE 60
5.7 PARTICIPANTS OF HYPERLOOP ONE GLOBAL CHALLENGE (HOGC) 61
TABLE 6 PARTICIPANTS OF HYPERLOOP ONE GLOBAL CHALLENGE (HOGC) 61
5.8 PRICING ANALYSIS 62
FIGURE 27 AVERAGE SELLING PRICE ANALYSIS 62
TABLE 7 AVERAGE SELLING PRICE OF CAPSULES, 2019–2026 62
5.8.1 CAPITAL COST ESTIMATE BREAKDOWN 63
TABLE 8 CAPITAL COST ESTIMATE BREAKDOWN FOR 500-KM GENERIC
HYPERLOOP CORRIDOR IN CANADA 63
5.9 SUPPLY CHAIN ANALYSIS 64
FIGURE 28 HYPERLOOP MARKET: SUPPLY CHAIN ANALYSIS 64
5.9.1 HYPERLOOP ORIGINAL EQUIPMENT MANUFACTURERS 64
5.9.2 TRACK PROVIDERS 64
5.9.3 END USERS 64
5.10 ECOSYSTEM 65
FIGURE 29 HYPERLOOP ECOSYSTEM 65
TABLE 9 HYPERLOOP MARKET: ECOSYSTEM 66
5.11 PORTER’S FIVE FORCES ANALYSIS 66
TABLE 10 HYPERLOOP MARKET: PORTER’S FIVE FORCES ANALYSIS 66
FIGURE 30 HYPERLOOP MARKET: PORTER’S FIVE FORCES ANALYSIS 67
5.11.1 COMPETITIVE RIVALRY 67
FIGURE 31 MARKET GROWTH WOULD HAVE MAJOR IMPACT ON HYPERLOOP MARKET 67
5.11.2 THREAT OF NEW ENTRANTS 68
FIGURE 32 CAPITAL REQUIRED HINDERS NEW ENTRANTS FROM ENTERING
HYPERLOOP MARKET 68
5.11.3 THREAT OF SUBSTITUTES 69
FIGURE 33 SUBSTITUTE COST HAS MAJOR IMPACT ON HYPERLOOP MARKET 69
5.11.4 BARGAINING POWER OF BUYERS 70
FIGURE 34 ROLE OF BRAND IMPACTS LARGELY ON BARGAINING POWER OF BUYERS 70
5.11.5 BARGAINING POWER OF SUPPLIERS 71
FIGURE 35 BRAND LOYALTY MAXIMIZES BARGAINING POWER OF SUPPLIERS IN HYPERLOOP MARKET 71
5.12 TRADE ANALYSIS 72
TABLE 11 IMPORT DATA OF UNITS FOR ARTICLES OF STONE OR OF OTHER MINERAL SUBSTANCES INCLUDING CARBON FIBERS, BY COUNTRY,
2016–2019 (USD MILLION) 72
FIGURE 36 IMPORT DATA FOR HS CODE 6815 FOR TOP 5 COUNTRIES IN
HYPERLOOP MARKET, 2016-2019 (USD MILLION) 72
TABLE 12 EXPORT DATA OF UNITS FOR ARTICLES OF STONE OR OF OTHER MINERAL SUBSTANCES INCLUDING CARBON FIBERS, BY COUNTRY,
2016–2019 (USD MILLION) 73
FIGURE 37 EXPORT DATA FOR HS CODE 6815 FOR TOP 5 COUNTRIES IN
HYPERLOOP MARKET, 2016-2019 (USD MILLION) 73
5.13 REGULATORY STANDARDS 74
TABLE 13 REGULATORY STANDARDS FOR HYPERLOOP MARKET 74
5.14 PATENT ANALYSIS 75
FIGURE 38 PATENT ANALYSIS 75
TABLE 14 NOTICEABLE PATENTS OF HYPERLOOP TRANSPORTATION TECHNOLOGIES 76
?
6 HYPERLOOP MARKET, BY TRANSPORTATION SYSTEM 78
6.1 INTRODUCTION 79
FIGURE 39 CAPSULES TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD 79
TABLE 15 HYPERLOOP TECHNOLOGY MARKET, BY TRANSPORTATION SYSTEM,
2019–2026 (USD MILLION) 79
6.2 CAPSULE 80
6.2.1 CAPSULE TO GROW AT HIGHEST CAGR IN COMING YEARS 80
TABLE 16 TOTAL COST OF HYPERLOOP PASSENGER TRANSPORTATION SYSTEM 80
TABLE 17 TOTAL COST OF HYPERLOOP PASSENGER PLUS FREIGHT
TRANSPORTATION SYSTEM 81
TABLE 18 HYPERLOOP MARKET FOR TRANSPORTATION SYSTEM FOR CAPSULE,
BY CARRIAGE TYPE, 2019–2026 (USD MILLION) 82
6.3 GUIDEWAY 82
6.3.1 GUIDEWAY TO ACCOUNT FOR LARGEST MARKET SHARE
DURING FORECAST PERIOD 82
TABLE 19 HYPERLOOP MARKET FOR TRANSPORTATION SYSTEM FOR GUIDEWAY,
BY CARRIAGE TYPE, 2019–2026 (USD MILLION) 83
6.4 PROPULSION SYSTEM 83
6.4.1 PROPULSION SYSTEM ACCELERATES CAPSULE, INCREASES AND MAINTAINS HIGH SPEED, AND DECELERATES WHEN REQUIRED 83
TABLE 20 HYPERLOOP MARKET FOR TRANSPORTATION SYSTEM FOR PROPULSION SYSTEM, BY CARRIAGE TYPE, 2019–2026 (USD MILLION) 84
6.5 ROUTE 84
6.5.1 ROUTE COMPRISES SUPPORT FACILITIES, PROFESSIONAL SERVICES,
AND SITEWORKS 84
TABLE 21 HYPERLOOP MARKET FOR TRANSPORTATION SYSTEM FOR ROUTE,
BY CARRIAGE TYPE, 2019–2026 (USD MILLION) 85
7 HYPERLOOP MARKET, BY CARRIAGE TYPE 86
7.1 INTRODUCTION 87
FIGURE 40 PASSENGER SEGMENT TO HOLD MAJOR MARKET SHARE
DURING FORECAST PERIOD 87
TABLE 22 HYPERLOOP TECHNOLOGY MARKET, BY CARRIAGE TYPE,
2019–2026 (USD MILLION) 87
7.2 PASSENGER 88
7.2.1 PASSENGER CARRIAGE TO BE MAJOR MARKET SHAREHOLDER 88
7.2.2 PROPOSED PASSENGER TRANSPORTATION ROUTES 88
TABLE 23 PROPOSED PASSENGER TRANSPORTATION ROUTES STAGE /COUNTRY
AND FUNDING DETAILS 88
TABLE 24 PASSENGER TYPE HYPERLOOP MARKET, BY TRANSPORTATION SYSTEM, 2019–2026 (USD MILLION) 89
7.3 FREIGHT 89
7.3.1 MANUFACTURING COST OF FREIGHT POD TO BE LOWER THAN
THAT OF PASSENDER POD 89
7.3.2 PROPOSED FREIGHT TRANSPORTATION ROUTES 90
TABLE 25 PROPOSED FREIGHT TRANSPORTATION ROUTES STAGE /COUNTRY
AND FUNDING DETAILS 90
TABLE 26 FREIGHT TYPE HYPERLOOP TECHNOLOGY MARKET,
BY TRANSPORTATION SYSTEM, 2019–2026 (USD MILLION) 90
8 HYPERLOOP MARKET, BY SPEED 91
8.1 INTRODUCTION 92
FIGURE 41 MORE THAN 700 KMPH TO WITNESS HIGHER CAGR IN COMING YEARS 92
TABLE 27 HYPERLOOP TECHNOLOGY MARKET, BY SPEED, 2019–2026 (USD MILLION) 92
8.2 LESS THAN 700 KMPH 93
8.2.1 LESS THAN 700 KMPH TO HOLD MAJOR SHARE DURING INITIAL COMMERCIALIZATION YEARS 93
8.3 MORE THAN 700 KMPH 93
8.3.1 TOP SPEED FOR PASSENGER VEHICLE OR LIGHT CARGO WILL BE

670 MILES/HOUR OR 1080 KM/HOUR 93
8.4 ANALYSIS OF HYPERLOOP AND COMPETING MODE OF TRANSPORTATION 93
TABLE 28 SPEED COMPARISON FOR DIFFERENT TRANSPORT MODES 93
TABLE 29 INTERCITY CONNECTION OVER 500 KM FOR DIFFERENT TRANSPORT MODES 94
9 GEOGRAPHIC ANALYSIS 95
9.1 INTRODUCTION 96
FIGURE 42 HYPERLOOP MARKET IN SOUTH KOREA TO GROW AT HIGHEST CAGR
FROM 2021 TO 2026 96
TABLE 30 HYPERLOOP TECHNOLOGY MARKET, BY REGION, 2019–2026 (USD MILLION) 96
9.2 MAJOR PROPOSED HYPERLOOP ROUTES ACROSS COUNTRIES 97
TABLE 31 LIST OF PROPOSED HYPERLOOP ROUTES 97
9.3 NORTH AMERICA 99
FIGURE 43 NORTH AMERICA: HYPERLOOP MARKET SNAPSHOT 99
TABLE 32 HYPERLOOP TECHNOLOGY MARKET IN US, BY COUNTRY,
2019–2026 (USD MILLION) 99
9.3.1 US 100
9.3.1.1 PESTLE analysis 100
9.3.2 CANADA 101
9.3.2.1 PESTLE analysis 101
9.4 EUROPE 102
FIGURE 44 EUROPE: HYPERLOOP MARKET SNAPSHOT 102
TABLE 33 HYPERLOOP TECHNOLOGY MARKET IN EUROPE, BY COUNTRY,
2019–2026 (USD MILLION) 103
9.4.1 FRANCE 103
9.4.1.1 PESTLE analysis 103
9.4.2 GERMANY 104
9.4.2.1 PESTLE analysis 105
9.4.3 SPAIN 106
9.4.3.1 PESTLE analysis 106
9.4.4 NETHERLANDS 107
9.4.4.1 PESTLE analysis 107
9.4.5 POLAND 108
9.4.5.1 PESTLE analysis 108
9.5 APAC 109
FIGURE 45 APAC: HYPERLOOP MARKET SNAPSHOT 109
TABLE 34 HYPERLOOP TECHNOLOGY MARKET IN APAC, BY COUNTRY,
2019–2026 (USD MILLION) 110
9.5.1 AUSTRALIA 110
9.5.1.1 PESTLE analysis 110
9.5.2 INDIA 111
9.5.2.1 PESTLE analysis 111
9.5.3 SOUTH KOREA 113
9.5.3.1 PESTLE analysis 113
9.6 ROW 114
FIGURE 46 ROW: HYPERLOOP MARKET SNAPSHOT 114
TABLE 35 HYPERLOOP TECHNOLOGY MARKET IN ROW, BY REGION,
2019–2026 (USD MILLION) 114
9.6.1 SOUTH AMERICA 115
9.6.1.1 Brazil 115
9.6.1.1.1 PESTLE analysis 115
9.6.2 MIDDLE EAST 116
9.6.2.1 UAE 116
9.6.2.1.1 PESTLE analysis 116
10 COMPETITIVE LANDSCAPE 118
10.1 INTRODUCTION 118
FIGURE 47 COMPANIES ADOPTED PRODUCT LAUNCHES AND DEVELOPMENTS, AGREEMENTS, AND INVESTMENTS AS KEY GROWTH STRATEGIES FROM JANUARY 2019 TO MARCH 2021 119
10.2 MARKET EVALUATION FRAMEWORK 120
TABLE 36 OVERVIEW OF STRATEGIES DEPLOYED BY KEY
HYPERLOOP SOLUTION PROVIDERS 120
10.2.1 PRODUCT PORTFOLIO 120
10.2.2 REGIONAL FOCUS 120
10.2.3 MANUFACTURING FOOTPRINT 120
10.2.4 ORGANIC/INORGANIC GROWTH STRATEGIES 121
10.3 MARKET SHARE ANALYSIS, 2020 121
FIGURE 48 SHARE RANGE OF KEY COMPANIES IN HYPERLOOP MARKET, 2020 121
TABLE 37 HYPERLOOP MARKET: DEGREE OF COMPETITION 121
10.4 RANKING ANALYSIS OF KEY PLAYERS IN HYPERLOOP MARKET 122
FIGURE 49 HYPERLOOP MARKET RANKING, 2020 122
10.5 COMPANY EVALUATION QUADRANT 123
TABLE 38 COMPANY REGION FOOTPRINT 123
TABLE 39 COMPANY FOOTPRINT 124
10.6 COMPETITIVE EVALUATION QUADRANT 124
10.6.1 STAR 124
10.6.2 EMERGING LEADER 124
10.6.3 PERVASIVE 124
10.6.4 PARTICIPANT 124
FIGURE 50 HYPERLOOP MARKET: COMPANY EVALUATION QUADRANT, 2020 125
10.7 STARTUP/SME EVALUATION MATRIX 125
10.7.1 PROGRESSIVE COMPANIES 125
10.7.2 RESPONSIVE COMPANIES 125
10.7.3 DYNAMIC COMPANIES 126
10.7.4 STARTING BLOCKS 126
FIGURE 51 HYPERLOOP MARKET: STARTUP/SME EVALUATION MATRIX, 2020 126
10.8 COMPETITIVE SCENARIO 127
FIGURE 52 MARKET EVALUATION FRAMEWORK: PRODUCT LAUNCHES, AGREEMENTS, AND INVESTMENTS HAVE BEEN KEY GROWTH STRATEGIES ADOPTED
BY MARKET PLAYERS FROM JANUARY 2019 TO MARCH 2021 127
10.9 COMPETITIVE SITUATIONS AND TRENDS 128
10.9.1 PRODUCT LAUNCHES 128
TABLE 40 HYPERLOOP MARKET: PRODUCT LAUNCHES, JANUARY 2019 TO
MARCH 2021 128
10.9.2 AGREEMENTS 129
TABLE 41 HYPERLOOP MARKET: AGREEMENTS, JANUARY 2019 TO MARCH 2021 129
10.9.3 DEALS 130
TABLE 42 HYPERLOOP MARKET: DEALS, JANUARY 2019 TO MARCH 2021 130
11 COMPANY PROFILES 131
11.1 KEY PLAYERS 131
(Business Overview, Products/Services/Solutions Offered, Recent Developments, and MnM View)*
11.1.1 VIRGIN HYPERLOOP 131
TABLE 43 VIRGIN HYPERLOOP: BUSINESS OVERVIEW 131
11.1.2 HYPERLOOP TRANSPORTATION TECHNOLOGIES 135
TABLE 44 HYPERLOOP TRANSPORTATION TECHNOLOGIES: BUSINESS OVERVIEW 135
11.1.3 HARDT B.V. 138
TABLE 45 HARDT B.V.: BUSINESS OVERVIEW 138
11.1.4 TRANSPOD 141
TABLE 46 TRANSPOD: BUSINESS OVERVIEW 141
11.1.5 ZELEROS 143
TABLE 47 ZELEROS: BUSINESS OVERVIEW 143
11.1.6 NEVOMO 145
TABLE 48 NEVOMO: BUSINESS OVERVIEW 145
11.1.7 AECOM 147
TABLE 49 AECOM: BUSINESS OVERVIEW 147
FIGURE 53 AECOM: COMPANY SNAPSHOT 148
11.1.8 THE BORING COMPANY (SPACEX) 149
TABLE 50 THE BORING COMPANY (SPACEX): BUSINESS OVERVIEW 149
* Business Overview, Products/Services/Solutions Offered, Recent Developments, and MnM View might not be captured in case of unlisted companies.
12 APPENDIX 151
12.1 DISCUSSION GUIDE 151
12.2 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 155
12.3 AVAILABLE CUSTOMIZATIONS 157
12.4 RELATED REPORTS 157
12.5 AUTHOR DETAILS 158