Hyperloop Technology Market Size, Share | Industry Growth & Analysis
Hyperloop Technology Market The Hyperloop Technology Market is anticipated to grow at a robust CAGR during the forecast period (2021-2028). The factors driving the growth of Hyperloop Technology Market includes increasing traffic congestion, over-burdening of public transportation systems across the world and growing emphasis on using renewable sources of energies. According to Hindu, the daily ridership of Delhi Transport Corporation (DTC) buses has significantly increased from 30.15 Lakh from 2019-2020 to reach 33.31 lakh in 2020-21 and rise of more than 5 Lakh vehicles were observed till March 31 st , 2020, recording 4% jump as compared to 2020, which will boost the demand for Hyperloop technology in the approaching years. Moreover, the growing demand for faster mode of transportation, rising environment concerns related to carbon emissions and rapid industrialization, are some of the additional factors supplementing the Global Hyperloop Technology Market . In addition, collab...