Hyperloop

Hyperloop Technology Market is expected to attain potential growth by 2027 witnessing market growth at a rate of 35.23% in the forecast period of 2020 to 2027.
The world's first Hyperloop will be carrying cargo, not people, around the city of Dubai.
A passive levitation system will eliminate the need for power stations along the Hyperloop track.
A Hyperloop pod containing either passengers or cargo could travel up to 760 mph through an elevated, airless, and frictionless tube between cities.
Hyperloop technology market in Slovakia and Czech Republic is expected to grow at the highest rate between 2020 and 2028.
The first Virgin Hyperloop One commercial project in the world may start between Mumbai and Pune by 2025.
The Hyperloop Technology Market was worth USD 0.08 billion in 2014 and is expected to reach approximately USD 2.78 billion by 2023, while registering itself at a compound annual growth rate of 48.12% during the forecast period.
The Global Hyperloop Technology Market is expected to grow from USD 783.60 Million in 2018 to USD 5,982.30 Million by the end of 2025 at a Compound Annual Growth Rate of 33.69%.
Virgin Hyperloop One, one of the start-ups vying to lead the Hyperloop revolution, has successfully tested its technology at scale and says Hyperloop travel will be a reality within this decade.
The global market for hyperloop train is expected to expand at a rapid rate during the forecast period of 2017 to 2025.
Hyperloop technology will satisfy the need for upgrading accessibility between Slovakia and the Czech Republic for different reasons such as passenger, cargo transport, business travels, and others.
Hyperloop technology will fulfill the need of improvement in accessibility between the two countries for different reasons such as passenger, cargo transport, business travels, and others.
The world's first commercial hyperloop, set to open in Abu Dhabi in 2020, will link Dubai and Abu Dhabi, reducing travel time between the emirates from hours to mere minutes, with capsules travelling at an impressive speed of 1,123 km/h.
First envisaged by Tesla CEO Elon Musk, Hyperloop is a high-speed ground transport system that could connect distant places, such as San Francisco and Los Angeles, in just 35 minutes.
The framework agreement with the Pune Metropolitan Region Development Authority envisages reduction in travel time between Mumbai-Pune to just 25 minutes from the current three hours with Hyperloop.
Hyperloop will cut travel time between Dubai and Abu Dhabi to as little as 12 minutes.
According to Virgin Hyperloop One, the new proposed route in India will save more than 90 million hours of travel time, and provide citizens with greater opportunities for social and economic mobility.
The proposed route for hyperloop will connect central Pune to Mumbai and Navi Mumbai International Airport in 25 minutes and will support 150 million passenger trips annually.
The Pune-Mumbai route is an ideal first corridor as part of a national hyperloop network that could dramatically reduce travel times between India's major cities to as little as two hours.
A Hyperloop portal located near the city's aerospace hub could secure Querétaro's place in Mexico's production value chain and drastically reduce transportation costs for the city's manufacturing tenants moving goods to Mexico City.
Hyperloop One and the Colorado Department of Transportation will enter into a public-private partnership that will begin a feasibility study that examines transportation demand, economic benefits, proposed routes and potential strategies.
A Hyperloop system could help cement the Netherlands' position as a gateway to Europe by transporting freight arriving at Rotterdam's sprawling port.
Arrivo will have a working hyperloop moving cargo for paying clients in three years.

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Last updated: 09 August 2020