Monorail is a train which utilizes a single track, made of either metal or concrete. The monorail is guided and supported by wheels mounted beneath the train, which are continuously in contact with the track. Generally, monorails are powered by electricity provided through a third rail mounted along the track.

The maglev type of monorail is powered by magnetic lavation and utilizes two sets of magnets, one is for raising the vehicle above the track and the other to propel the vehicle. Monorail trains generally have three or four cars and can have up to eight cars. Monorails trains are wider than the track; hence requires minimum space.

Trains are a minimal polluting mode of transportation and hence, governing bodies are enhancing train transportation in order to limit the pollution emitted by different modes of transportation. Governing bodies of several nations are focused on the incorporation of less or zero emission modes of transportation in order to meet the Paris Climate Accord, which pledges to keep the global temperature rise within 2 degree Celsius in the near future, which has been signed by 195 nations. Such government policies and agreements signed at the global level are propelling the demand for trains across the globe. Monorail is a faster and safer mode of transportation.

The rate of accidents for monorails is significantly lower than that of other types of train. The cost of per kilometer construction for monorail is marginally lower than that of other rapid urban transits such as metro and bullet train. The space required for monorail is significantly lower and it is easy to construct.

Consequently, monorails are suitable for densely populated and congested areas. Monorails are suitable for traveling over short distances; therefore, governing bodies are preferring for them for urban rapid transits. All the aforementioned qualities of monorails are fueling the global monorail system market.

Incorporation of automation into trains can save up to 15% of the energy required and can have a significant positive impact on required travel time. Automated trains are proven to have reduced number of crashes and accidents and hence, preference for automated trains has been increasing over the last few years.

Completely autonomous vehicles, which are considered as GoA3 and GoA4 trains, don’t have a driver and are more expensive than semi-autonomous trains. GoA1 and GoA2 trains are semi-autonomous trains that have automated train operation and automated train protection technology. In GoA2 trains, cruising and train stopping are automated, which enhances train safety and speed.

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