Selected research
Industry Research
Personal Rapid Transit Industry Research Report 2026
Market perspective
The global Personal Rapid Transit market was valued at US$ million in 2025 and is projected to reach US$ million by 2032, implying a CAGR of % over 2026–2032.
North America: the Personal Rapid Transit market is projected to increase from US$ million in 2026 to US$ million by 2032, reflecting a CAGR of % over 2026–2032. Europe: the Personal Rapid Transit market is projected to rise from US$ million in 2026 to US$ million by 2032, registering a CAGR of % over 2026–2032. Asia Pacific: the Personal Rapid Transit market is expected to grow from US$ million in 2026 to US$ million by 2032, at a CAGR of % over 2026–2032. Leading global service providers of Personal Rapid Transit include Fairwood Groups, Metrino PRT, skyTran, Vectus, 2getthere, Waymo, Mercedes, General Motors and Ultra Global PRT, among others; in 2025, the top three vendors together accounted for approximately % of global revenue.
Report Scope
Read the full market overview
This report quantifies the global Personal Rapid Transit market in terms of revenue (US$ million) and, where applicable, service volume (k units), using 2024 as the base year and providing annual historical and forecast data for 2021–2032.
It standardizes definitions of service Types and end-use Applications, harmonizes provider attribution, and delivers comparable time series by company, Type, Application, and region or country, including indicative price bands (US$/k units) and concentration ratios (CR5/CR10). Outputs are intended to support service design, budgeting, capacity planning, and benchmarking for providers, platforms, channel partners, and investors; the report also reviews technology shifts and notable service innovations relevant to Personal Rapid Transit.
Key Companies & Market Share Insights
This section profiles leading service providers with 2021–2025 results and a 2026–2032 outlook—covering revenue, market share, price bands, service portfolio and client mix, regional and channel mix, and key developments (M&A, network expansion, certifications). It also provides global revenue, average price, and—where applicable—volume metrics by provider, and calculates CR5/CR10 and rank changes to support comparative benchmarking.
Personal Rapid Transit Market by Company
Fairwood Groups
Metrino PRT
skyTran
Vectus
2getthere
Waymo
Mercedes
General Motors
Ultra Global PRT
Boeing
Navya
Easymile
Baidu (King Long)
Local Motors
Aurrigo
Westfield
Kamaz
Personal Rapid Transit Segment by Type
Vehicle Switching
Track Switching
Personal Rapid Transit Segment by Application
City Centres
Airports
Business and Industrial Parks
Theme Parks and Resorts
Others
Personal Rapid Transit Segment by Region
North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Spain
Russia
Netherlands
Nordic Countries
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Middle East & Africa
Saudi Arabia
Israel
United Arab Emirates
Turkey
Iran
Egypt
Key Drivers & Barriers
High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.
Reasons to Buy This Report
1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Personal Rapid Transit market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Personal Rapid Transit and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Personal Rapid Transit.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter Outline
Chapter 1: Research objectives, research methods, data sources, data cross-validation;
Chapter 2: Introduces the report scope of the report, executive summary of different market segments (product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 3: Provides the analysis of various market segments product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 6: Detailed analysis of Personal Rapid Transit companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 7, 8, 9, 10, 11: North America, Europe, Asia Pacific, South America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 12: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including revenue, gross margin, product introduction, recent development, etc.
Chapter 13: The main points and conclusions of the report.
More report detail
Tables and figures
Scope & coverage.
Types
- Vehicle Switching
- Track Switching
Applications
- City Centres
- Airports
- Business and Industrial Parks
- Theme Parks and Resorts
- Others
Companies covered
- Fairwood Groups
- Metrino PRT
- skyTran
- Vectus
- 2getthere
- Waymo
- Mercedes
- General Motors
- Ultra Global PRT
- Boeing
- Navya
- Easymile
- Baidu (King Long)
- Local Motors
- Aurrigo
- Westfield
- Kamaz
Inside the report.
1 Preface
- 1.1 Scope of Report
- 1.2 Reasons for Doing This Study
- 1.3 Research Methodology
- 1.4 Research Process
- 1.5 Data Source
- 1.5.1 Secondary Sources
- 1.5.2 Primary Sources
2 Market Overview
- 2.1 Product Definition
- 2.2 Personal Rapid Transit by Type
- 2.2.1 Market Value Comparison by Type (2021 VS 2025 VS 2032)
- 2.2.2 Vehicle Switching
- 2.2.3 Track Switching
- 2.3 Personal Rapid Transit by Application
- 2.3.1 Market Value Comparison by Application (2021 VS 2025 VS 2032)
- 2.3.2 City Centres
- 2.3.3 Airports
- 2.3.4 Business and Industrial Parks
- 2.3.5 Theme Parks and Resorts
- 2.3.6 Others
- 2.4 Assumptions and Limitations
3 Personal Rapid Transit Breakdown Data by Type
- 3.1 Global Personal Rapid Transit Historic Market Size by Type (2021-2026)
- 3.2 Global Personal Rapid Transit Forecasted Market Size by Type (2027-2032)
4 Personal Rapid Transit Breakdown Data by Application
- 4.1 Global Personal Rapid Transit Historic Market Size by Application (2021-2026)
- 4.2 Global Personal Rapid Transit Forecasted Market Size by Application (2027-2032)
5 Global Growth Trends
- 5.1 Global Personal Rapid Transit Market Perspective (2021-2032)
- 5.2 Global Personal Rapid Transit Growth Trends by Region
- 5.2.1 Global Personal Rapid Transit Market Size by Region: 2021 VS 2025 VS 2032
- 5.2.2 Personal Rapid Transit Historic Market Size by Region (2021-2026)
- 5.2.3 Personal Rapid Transit Forecasted Market Size by Region (2027-2032)
- 5.3 Personal Rapid Transit Market Dynamics
- 5.3.1 Personal Rapid Transit Industry Trends
- 5.3.2 Personal Rapid Transit Market Drivers
- 5.3.3 Personal Rapid Transit Market Challenges
- 5.3.4 Personal Rapid Transit Market Restraints
6 Market Competitive Landscape by Players
- 6.1 Global Top Personal Rapid Transit Players by Revenue
- 6.1.1 Global Top Personal Rapid Transit Players by Revenue (2021-2026)
- 6.1.2 Global Personal Rapid Transit Revenue Market Share by Players (2021-2026)
- 6.2 Global Personal Rapid Transit Industry Players Ranking, 2023 VS 2024 VS 2025
- 6.3 Global Key Players of Personal Rapid Transit Head Office and Area Served
- 6.4 Global Personal Rapid Transit Players, Product Type & Application
- 6.5 Global Personal Rapid Transit Manufacturers Established Date
- 6.6 Global Personal Rapid Transit Market CR5 and HHI
- 6.7 Global Players Mergers & Acquisition
7 North America
- 7.1 North America Personal Rapid Transit Market Size (2021-2032)
- 7.2 North America Personal Rapid Transit Market Growth Rate by Country: 2021 VS 2025 VS 2032
- 7.3 North America Personal Rapid Transit Market Size by Country (2021-2026)
- 7.4 North America Personal Rapid Transit Market Size by Country (2027-2032)
- 7.5 United States
- 7.5 United States
- 7.6 Canada
- 7.7 Mexico
8 Europe
- 8.1 Europe Personal Rapid Transit Market Size (2021-2032)
- 8.2 Europe Personal Rapid Transit Market Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.3 Europe Personal Rapid Transit Market Size by Country (2021-2026)
- 8.4 Europe Personal Rapid Transit Market Size by Country (2027-2032)
- 8.5 Germany
- 8.6 France
- 8.7 U.K.
- 8.8 Italy
- 8.9 Spain
- 8.10 Russia
- 8.11 Netherlands
- 8.12 Nordic Countries
9 Asia-Pacific
- 9.1 Asia-Pacific Personal Rapid Transit Market Size (2021-2032)
- 9.2 Asia-Pacific Personal Rapid Transit Market Growth Rate by Country: 2021 VS 2025 VS 2032
- 9.3 Asia-Pacific Personal Rapid Transit Market Size by Country (2021-2026)
- 9.4 Asia-Pacific Personal Rapid Transit Market Size by Country (2027-2032)
- 9.5 China
- 9.6 Japan
- 9.7 South Korea
- 9.8 India
- 9.9 Australia
- 9.10 China Taiwan
- 9.11 Southeast Asia
10 South America
- 10.1 South America Personal Rapid Transit Market Size (2021-2032)
- 10.2 South America Personal Rapid Transit Market Growth Rate by Country: 2021 VS 2025 VS 2032
- 10.3 South America Personal Rapid Transit Market Size by Country (2021-2026)
- 10.4 South America Personal Rapid Transit Market Size by Country (2027-2032)
- 10.5 Brazil
- 10.6 Argentina
- 10.7 Chile
- 10.8 Colombia
- 10.9 Peru
11 Middle East & Africa
- 11.1 Middle East & Africa Personal Rapid Transit Market Size (2021-2032)
- 11.2 Middle East & Africa Personal Rapid Transit Market Growth Rate by Country: 2021 VS 2025 VS 2032
- 11.3 Middle East & Africa Personal Rapid Transit Market Size by Country (2021-2026)
- 11.4 Middle East & Africa Personal Rapid Transit Market Size by Country (2027-2032)
- 11.5 Saudi Arabia
- 11.6 Israel
- 11.7 United Arab Emirates
- 11.8 Turkey
- 11.9 Iran
- 11.10 Egypt
12 Players Profiled
- 12.1 Fairwood Groups
- 12.1.1 Fairwood Groups Company Information
- 12.1.2 Fairwood Groups Business Overview
- 12.1.3 Fairwood Groups Revenue in Personal Rapid Transit Business (2021-2026)
- 12.1.4 Fairwood Groups Personal Rapid Transit Product Portfolio
- 12.1.5 Fairwood Groups Recent Developments
- 12.2 Metrino PRT
- 12.2.1 Metrino PRT Company Information
- 12.2.2 Metrino PRT Business Overview
- 12.2.3 Metrino PRT Revenue in Personal Rapid Transit Business (2021-2026)
- 12.2.4 Metrino PRT Personal Rapid Transit Product Portfolio
- 12.2.5 Metrino PRT Recent Developments
- 12.3 skyTran
- 12.3.1 skyTran Company Information
- 12.3.2 skyTran Business Overview
- 12.3.3 skyTran Revenue in Personal Rapid Transit Business (2021-2026)
- 12.3.4 skyTran Personal Rapid Transit Product Portfolio
- 12.3.5 skyTran Recent Developments
- 12.4 Vectus
- 12.4.1 Vectus Company Information
- 12.4.2 Vectus Business Overview
- 12.4.3 Vectus Revenue in Personal Rapid Transit Business (2021-2026)
- 12.4.4 Vectus Personal Rapid Transit Product Portfolio
- 12.4.5 Vectus Recent Developments
- 12.5 2getthere
- 12.5.1 2getthere Company Information
- 12.5.2 2getthere Business Overview
- 12.5.3 2getthere Revenue in Personal Rapid Transit Business (2021-2026)
- 12.5.4 2getthere Personal Rapid Transit Product Portfolio
- 12.5.5 2getthere Recent Developments
- 12.6 Waymo
- 12.6.1 Waymo Company Information
- 12.6.2 Waymo Business Overview
- 12.6.3 Waymo Revenue in Personal Rapid Transit Business (2021-2026)
- 12.6.4 Waymo Personal Rapid Transit Product Portfolio
- 12.6.5 Waymo Recent Developments
- 12.7 Mercedes
- 12.7.1 Mercedes Company Information
- 12.7.2 Mercedes Business Overview
- 12.7.3 Mercedes Revenue in Personal Rapid Transit Business (2021-2026)
- 12.7.4 Mercedes Personal Rapid Transit Product Portfolio
- 12.7.5 Mercedes Recent Developments
- 12.8 General Motors
- 12.8.1 General Motors Company Information
- 12.8.2 General Motors Business Overview
- 12.8.3 General Motors Revenue in Personal Rapid Transit Business (2021-2026)
- 12.8.4 General Motors Personal Rapid Transit Product Portfolio
- 12.8.5 General Motors Recent Developments
- 12.9 Ultra Global PRT
- 12.9.1 Ultra Global PRT Company Information
- 12.9.2 Ultra Global PRT Business Overview
- 12.9.3 Ultra Global PRT Revenue in Personal Rapid Transit Business (2021-2026)
- 12.9.4 Ultra Global PRT Personal Rapid Transit Product Portfolio
- 12.9.5 Ultra Global PRT Recent Developments
- 12.10 Boeing
- 12.10.1 Boeing Company Information
- 12.10.2 Boeing Business Overview
- 12.10.3 Boeing Revenue in Personal Rapid Transit Business (2021-2026)
- 12.10.4 Boeing Personal Rapid Transit Product Portfolio
- 12.10.5 Boeing Recent Developments
- 12.11 Navya
- 12.11.1 Navya Company Information
- 12.11.2 Navya Business Overview
- 12.11.3 Navya Revenue in Personal Rapid Transit Business (2021-2026)
- 12.11.4 Navya Personal Rapid Transit Product Portfolio
- 12.11.5 Navya Recent Developments
- 12.12 Easymile
- 12.12.1 Easymile Company Information
- 12.12.2 Easymile Business Overview
- 12.12.3 Easymile Revenue in Personal Rapid Transit Business (2021-2026)
- 12.12.4 Easymile Personal Rapid Transit Product Portfolio
- 12.12.5 Easymile Recent Developments
- 12.13 Baidu (King Long)
- 12.13.1 Baidu (King Long) Company Information
- 12.13.2 Baidu (King Long) Business Overview
- 12.13.3 Baidu (King Long) Revenue in Personal Rapid Transit Business (2021-2026)
- 12.13.4 Baidu (King Long) Personal Rapid Transit Product Portfolio
- 12.13.5 Baidu (King Long) Recent Developments
- 12.14 Local Motors
- 12.14.1 Local Motors Company Information
- 12.14.2 Local Motors Business Overview
- 12.14.3 Local Motors Revenue in Personal Rapid Transit Business (2021-2026)
- 12.14.4 Local Motors Personal Rapid Transit Product Portfolio
- 12.14.5 Local Motors Recent Developments
- 12.15 Aurrigo
- 12.15.1 Aurrigo Company Information
- 12.15.2 Aurrigo Business Overview
- 12.15.3 Aurrigo Revenue in Personal Rapid Transit Business (2021-2026)
- 12.15.4 Aurrigo Personal Rapid Transit Product Portfolio
- 12.15.5 Aurrigo Recent Developments
- 12.16 Westfield
- 12.16.1 Westfield Company Information
- 12.16.2 Westfield Business Overview
- 12.16.3 Westfield Revenue in Personal Rapid Transit Business (2021-2026)
- 12.16.4 Westfield Personal Rapid Transit Product Portfolio
- 12.16.5 Westfield Recent Developments
- 12.17 Kamaz
- 12.17.1 Kamaz Company Information
- 12.17.2 Kamaz Business Overview
- 12.17.3 Kamaz Revenue in Personal Rapid Transit Business (2021-2026)
- 12.17.4 Kamaz Personal Rapid Transit Product Portfolio
- 12.17.5 Kamaz Recent Developments
13 Report Conclusion
14 Disclaimer
GET THE RESEARCH
Choose your license.
Choose who needs access.
All options are for this report and research series.
PDF by email within 3–5 working days after payment confirmation.
Talk to an analyst