Hyperloop technology is a type of transport that allows passengers to travel at the speed of 700-750 miles per hour. This technology is now being developed by several companies, across the globe in order to minimize the travel between cities. Hyperloop differentiates itself from other forms of transport due to the pods that carry passengers via tunnels and tubes. These tubes or tunnels in the pods contain minimal air to reduce friction, which supports the estimated travel speed. These pods are specially designed for floating on air skis similar to the ideology of air hockey table to lower friction.
Hyperloop technology is expected to be comparatively faster and cheaper than roadway or railway transport. They can also be manufactured in lesser time in comparison with hi-speed rail. Hyperloop can effectively lessen the pressure from gridlocked roads that ultimately make travel easier between cities. Market Industry Reports (MIR) has published a new report titled "Hyperloop Technology Market- Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2022–2030." According to the report, the Global Hyperloop Technology Market is estimated to account for over US$ 1 billion in 2022. It is anticipated to grow at a CAGR of ~46% from 2022 to 2030.
Major Key Players of the Hyperloop Technology Market are:
Hyperloop Transportation Technologies, Hyperloop One, Transpod Inc., SPACE EXPLORATION TECHNOLOGIES CORP., DGWHyperloop, Aecom, Tesla, and others.
Read More @ http://www.sbwire.com/press-releases/hyperloop-technology-market-growth-competitive-analysis-future-prospects-and-top-key-players-hyperloop-transportation-technologies-hyperloop-one-transpod-1281952.htm
Hyperloop technology is expected to be comparatively faster and cheaper than roadway or railway transport. They can also be manufactured in lesser time in comparison with hi-speed rail. Hyperloop can effectively lessen the pressure from gridlocked roads that ultimately make travel easier between cities. Market Industry Reports (MIR) has published a new report titled "Hyperloop Technology Market- Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2022–2030." According to the report, the Global Hyperloop Technology Market is estimated to account for over US$ 1 billion in 2022. It is anticipated to grow at a CAGR of ~46% from 2022 to 2030.
Major Key Players of the Hyperloop Technology Market are:
Hyperloop Transportation Technologies, Hyperloop One, Transpod Inc., SPACE EXPLORATION TECHNOLOGIES CORP., DGWHyperloop, Aecom, Tesla, and others.
Read More @ http://www.sbwire.com/press-releases/hyperloop-technology-market-growth-competitive-analysis-future-prospects-and-top-key-players-hyperloop-transportation-technologies-hyperloop-one-transpod-1281952.htm
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