Hyperloop Technology Market worth $6.6 billion by 2026 - Exclusive Report by MarketsandMarkets
Hyperloop Technology Market with COVID-19 impact by Transportation System (Capsule, Guideway, Propulsion System, and Route), Carriage Type (Passenger, and Freight), Speed (Less than 700 kmph, and More than 700 kmph), and Region - Global Forecast to 2026 , published by MarketsandMarkets
, the market is expected to grow from USD 1.2 billion in 2021 to USD 6.6 billion by 2026, at a CAGR of 40.4%. The major factors driving the growth of the Hyperloop Technology market are decreased travel time and transport costs, less expensive and minimum infrastructural maintenance, creation of hyperloop network requires less land area, tolerance to earthquakes and other natural calamities and emphasis on solar power for energy consumption in the hyperloop transportation technology. However, Lack of awareness regarding hyperloop transportation technology, regulation not yet implemented for hyperloop tra
Hyperloop Technology Market with COVID-19 impact by Transportation System (Capsule, Guideway, Propulsion System, and Route), Carriage Type (Passenger, and Freight), Speed (Less than 700 kmph, and More than 700 kmph), and Region - Global Forecast to 2026 , published by MarketsandMarkets™
, the market is expected to grow from USD 1.2 billion in 2021 to USD 6.6 billion by 2026, at a CAGR of 40.4%. The major factors driving the growth of the Hyperloop Technology market are decreased travel time and transport costs, less expensive and minimum infrastructural maintenance, creation of hyperloop network requires less land area, tolerance to earthquakes and other natural calamities and emphasis on solar power for energy consumption in the hyperloop transportation technology. However, Lack of awareness regarding hyperloop transportation technology, regulation not yet implemented for hyperloop transportation technology by governments and bureaucrats and safety and security concerns is e
BIG unveils design for Västerås Travel Center with curved timber ceiling
Architecture firm BIG has updated its plans for a transport hub designed for Swedish city Västerås, which will feature a building with a dramatically sweeping roof.
BIG envisions the Västerås Travel Center as a hub that brings together all of the city s transport infrastructure under one roof and in one continuous landscape.
BIG s plans include a wooden ceiling that looks like billowing sails
The building will serve as the central station for trains and buses while providing a bridge between the city centre and the nearby Lake Mälaren areas currently divided by train tracks.
Virgin Hyperloop
Biden s infrastructure plan could create growth opportunities for many sustainable tech companies.
The proposal calls for a $2 trillion commitment to clean energy, roads, bridges, transit, and more.
Virgin Hyperloop, Sealed, and CityZenith stand to benefit, but Depcom Power isn t quite convinced.
When Virgin Hyperloop cofounder Josh Giegel saw the Biden Administration s infrastructure proposal, he couldn t help but think some details sounded familiar. The American Jobs Plan calls for the second great railroad revolution trains that are faster, cleaner, and more energy-efficient, which is the kind of technology Giegel s California-based company has been working on since 2014. As such, Giegel has little doubt the company will be able to capitalize on America s push toward greener infrastructure.
A £50million green prize fund fronted by Prince William and Kate Middleton has added the 18th richest person in the world to its backers.
The Earthshot Prize scheme aims to solve the world s environmental problems by offering a series of high-value awards over the next decade.
When the prize was launched in October last year it only had six founding partners who would be funding the award.
But without any major fanfare or announcement a seventh has been added to the list: the Rob & Melani Walton Foundation.
It is not clear the exact date they joined the project, but they were not included on the list as recently as March this year.