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autoevolution 9 Jun 2021, 9:13 UTC ·
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It’s the new way to get around and it’s all the rage these days. You guessed it, we re talking about the hyperloop technology, which consists of a sealed tube that connects cities and could significantly reduce travel times, compared to trains and even airplanes. And now, Italy is thinking about getting in the loop. 1 photo
The hyperloop technology is the next-generation ground mode of transport and the concept (of course) belongs to Elon Musk. The hyperloop would have you travel in capsules placed inside that low-pressure tube, reaching ultra-high speeds of up to more than 1,200 kph (745 mph).
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
Hyperloop technology Market Is Thriving Worldwide with Hyperloop One ,TransPod , SpaceX
iCrowd Newswire
07 May 2021, 08:08 GMT+10
Hyperloop technology belongs to transportation industry. Hyperloop is basically a sealed system or a tube having low pressure through which an even smaller pod is made to travel considerably air-resistance free and also friction. The said technology conveys passengers or goods at hypersonic speed or airline speed, while being highly energy efficient. Amongst several other futuristic projects, hyperloop is said to be the reality. Most people also call the said technology as high-speed train since it can efficiently reach or travel up to 1200km/hr. Travel at this speed could navigate the internal tube with the help of magnetic levitation, while reducing time into minutes instead of hours together.