Selected research
Industry Growth & Trends
Global Personal Rapid Transit Industry Growth and Trends Forecast to 2032
Market perspective
According to APO Research, the global Personal Rapid Transit market was valued at US$ million in 2026 and is projected to reach US$ million by 2032, implying a CAGR of xx% over 2026-2032.
The North America market for Personal Rapid Transit is projected to increase from US$ million in 2026 to US$ million by 2032, corresponding to a CAGR of % over 2026-2032.
The Europe market for Personal Rapid Transit is projected to increase from US$ million in 2026 to US$ million by 2032, registering a CAGR of % over 2026-2032.
Read the full market overview
The Asia Pacific market for Personal Rapid Transit is projected to increase from US$ million in 2026 to US$ million by 2032, at a CAGR of % over 2026-2032.
Leading global companies in the Personal Rapid Transit market 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
This report provides a structured, data-driven view of the global Personal Rapid Transit market, combining harmonized quantitative metrics with targeted qualitative insight to support business and growth strategy, market positioning, and capital allocation.
The Personal Rapid Transit market size, estimates, and forecasts are presented in terms of revenue (US$ million), with 2025 as the base year and historical and forecast data for 2021-2032. The report segments the global Personal Rapid Transit market by Type, Application, region/country, and company, provides regional market sizes at the segment level, profiles the competitive landscape and key players and their market ranks, and reviews technology trends and new product developments relevant to Personal Rapid Transit.
Key Companies & Market Share Insights
This section analyzes the strategies and performance of leading companies in the global Personal Rapid Transit market, including portfolio focus, innovation and product development, mergers and acquisitions, collaborations, and geographic expansion used to sustain or enhance competitive positions. It also summarizes recent corporate developments and key financial indicators and provides global revenue and gross margin data by manufacturer for 2021-2026, enabling benchmarking of scale, profitability, and market share and supporting assessment of market concentration through indicators such as CR5 and CR10.
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
Russia
Spain
Netherlands
Switzerland
Sweden
Poland
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries
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 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: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2021-2025, 2026-2031). 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 2: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 3: Provides the analysis of various market segments by 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 4: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 5: Detailed analysis of Personal Rapid Transit companies' competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter 7, 8, 9, 10 and 11: North America, Europe, Asia Pacific, South America, Middle East & Africa, revenue by country.
Chapter 12: Concluding Insights 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 Market Overview
- 1.1 Product Definition
- 1.2 Global Market Growth Prospects
- 1.3 Global Personal Rapid Transit Market Size Overview by Region 2021 VS 2025 VS 2032
- 1.4 Global Personal Rapid Transit Market Size by Region (2021-2032)
- 1.4.1 Global Personal Rapid Transit Market Size by Region (2021-2026)
- 1.4.2 Global Personal Rapid Transit Market Size by Region (2027-2032)
- 1.5 Key Regions Personal Rapid Transit Market Size (2021-2032)
- 1.5.1 North America Personal Rapid Transit Market Size Growth Rate (2021-2032)
- 1.5.2 Europe Personal Rapid Transit Market Size Growth Rate (2021-2032)
- 1.5.3 Asia-Pacific Personal Rapid Transit Market Size Growth Rate (2021-2032)
- 1.5.4 South America Personal Rapid Transit Market Size Growth Rate (2021-2032)
- 1.5.5 Middle East & Africa Personal Rapid Transit Market Size Growth Rate (2021-2032)
2 Personal Rapid Transit Market by Type
- 2.1 Type Introduction
- 2.1.1 Vehicle Switching
- 2.1.2 Track Switching
- 2.2 Global Personal Rapid Transit Market Size by Type
- 2.2.1 Global Personal Rapid Transit Market Size Overview by Type (2021-2032)
- 2.2.2 Global Personal Rapid Transit Historic Market Size Review by Type (2021-2026)
- 2.2.3 Global Personal Rapid Transit Market Size Forecasted by Type (2027-2032)
- 2.3 Global Personal Rapid Transit Market Size by Regions
- 2.3.1 North America Personal Rapid Transit Market Size Breakdown by Type (2021-2026)
- 2.3.2 Europe Personal Rapid Transit Market Size Breakdown by Type (2021-2026)
- 2.3.3 Asia-Pacific Personal Rapid Transit Market Size Breakdown by Type (2021-2026)
- 2.3.4 South America Personal Rapid Transit Market Size Breakdown by Type (2021-2026)
- 2.3.5 Middle East and Africa Personal Rapid Transit Market Size Breakdown by Type (2021-2026)
3 Personal Rapid Transit Market by Application
- 3.1 Type Introduction
- 3.1.1 City Centres
- 3.1.2 Airports
- 3.1.3 Business and Industrial Parks
- 3.1.4 Theme Parks and Resorts
- 3.1.5 Others
- 3.2 Global Personal Rapid Transit Market Size by Application
- 3.2.1 Global Personal Rapid Transit Market Size Overview by Application (2021-2032)
- 3.2.2 Global Personal Rapid Transit Historic Market Size Review by Application (2021-2026)
- 3.2.3 Global Personal Rapid Transit Market Size Forecasted by Application (2027-2032)
- 3.3 Global Personal Rapid Transit Market Size by Regions
- 3.3.1 North America Personal Rapid Transit Market Size Breakdown by Application (2021-2026)
- 3.3.2 Europe Personal Rapid Transit Market Size Breakdown by Application (2021-2026)
- 3.3.3 Asia-Pacific Personal Rapid Transit Market Size Breakdown by Application (2021-2026)
- 3.3.4 South America Personal Rapid Transit Market Size Breakdown by Application (2021-2026)
- 3.3.5 Middle East and Africa Personal Rapid Transit Market Size Breakdown by Application (2021-2026)
4 Global Market Dynamics
- 4.1 Personal Rapid Transit Industry Trends
- 4.2 Personal Rapid Transit Industry Drivers
- 4.3 Personal Rapid Transit Industry Opportunities and Challenges
- 4.4 Personal Rapid Transit Industry Restraints
5 Competitive Insights by Company
- 5.1 Global Top Players by Personal Rapid Transit Revenue (2021-2026)
- 5.2 Global Personal Rapid Transit Industry Company Ranking, 2024 VS 2025 VS 2026
- 5.3 Global Personal Rapid Transit Key Company Headquarters & Area Served
- 5.4 Global Personal Rapid Transit Company, Product Type & Application
- 5.5 Global Personal Rapid Transit Company Commercialization Time
- 5.6 Market Competitive Analysis
- 5.6.1 Global Personal Rapid Transit Market CR5 and HHI
- 5.6.2 Global Top 5 and 10 Personal Rapid Transit Players Market Share by Revenue in 2025
- 5.6.3 2025 Personal Rapid Transit Tier 1, Tier 2, and Tier 3
6 Company Profiles
- 6.1 Fairwood Groups
- 6.1.1 Fairwood Groups Company Information
- 6.1.2 Fairwood Groups Business Overview
- 6.1.3 Fairwood Groups Personal Rapid Transit Revenue, Global Share and Gross Margin (2021-2026)
- 6.1.4 Fairwood Groups Personal Rapid Transit Product Portfolio
- 6.1.5 Fairwood Groups Recent Developments
- 6.2 Metrino PRT
- 6.2.1 Metrino PRT Company Information
- 6.2.2 Metrino PRT Business Overview
- 6.2.3 Metrino PRT Personal Rapid Transit Revenue, Global Share and Gross Margin (2021-2026)
- 6.2.4 Metrino PRT Personal Rapid Transit Product Portfolio
- 6.2.5 Metrino PRT Recent Developments
- 6.3 skyTran
- 6.3.1 skyTran Company Information
- 6.3.2 skyTran Business Overview
- 6.3.3 skyTran Personal Rapid Transit Revenue, Global Share and Gross Margin (2021-2026)
- 6.3.4 skyTran Personal Rapid Transit Product Portfolio
- 6.3.5 skyTran Recent Developments
- 6.4 Vectus
- 6.4.1 Vectus Company Information
- 6.4.2 Vectus Business Overview
- 6.4.3 Vectus Personal Rapid Transit Revenue, Global Share and Gross Margin (2021-2026)
- 6.4.4 Vectus Personal Rapid Transit Product Portfolio
- 6.4.5 Vectus Recent Developments
- 6.5 2getthere
- 6.5.1 2getthere Company Information
- 6.5.2 2getthere Business Overview
- 6.5.3 2getthere Personal Rapid Transit Revenue, Global Share and Gross Margin (2021-2026)
- 6.5.4 2getthere Personal Rapid Transit Product Portfolio
- 6.5.5 2getthere Recent Developments
- 6.6 Waymo
- 6.6.1 Waymo Company Information
- 6.6.2 Waymo Business Overview
- 6.6.3 Waymo Personal Rapid Transit Revenue, Global Share and Gross Margin (2021-2026)
- 6.6.4 Waymo Personal Rapid Transit Product Portfolio
- 6.6.5 Waymo Recent Developments
- 6.7 Mercedes
- 6.7.1 Mercedes Company Information
- 6.7.2 Mercedes Business Overview
- 6.7.3 Mercedes Personal Rapid Transit Revenue, Global Share and Gross Margin (2021-2026)
- 6.7.4 Mercedes Personal Rapid Transit Product Portfolio
- 6.7.5 Mercedes Recent Developments
- 6.8 General Motors
- 6.8.1 General Motors Company Information
- 6.8.2 General Motors Business Overview
- 6.8.3 General Motors Personal Rapid Transit Revenue, Global Share and Gross Margin (2021-2026)
- 6.8.4 General Motors Personal Rapid Transit Product Portfolio
- 6.8.5 General Motors Recent Developments
- 6.9 Ultra Global PRT
- 6.9.1 Ultra Global PRT Company Information
- 6.9.2 Ultra Global PRT Business Overview
- 6.9.3 Ultra Global PRT Personal Rapid Transit Revenue, Global Share and Gross Margin (2021-2026)
- 6.9.4 Ultra Global PRT Personal Rapid Transit Product Portfolio
- 6.9.5 Ultra Global PRT Recent Developments
- 6.10 Boeing
- 6.10.1 Boeing Company Information
- 6.10.2 Boeing Business Overview
- 6.10.3 Boeing Personal Rapid Transit Revenue, Global Share and Gross Margin (2021-2026)
- 6.10.4 Boeing Personal Rapid Transit Product Portfolio
- 6.10.5 Boeing Recent Developments
- 6.11 Navya
- 6.11.1 Navya Company Information
- 6.11.2 Navya Business Overview
- 6.11.3 Navya Personal Rapid Transit Revenue, Global Share and Gross Margin (2021-2026)
- 6.11.4 Navya Personal Rapid Transit Product Portfolio
- 6.11.5 Navya Recent Developments
- 6.12 Easymile
- 6.12.1 Easymile Company Information
- 6.12.2 Easymile Business Overview
- 6.12.3 Easymile Personal Rapid Transit Revenue, Global Share and Gross Margin (2021-2026)
- 6.12.4 Easymile Personal Rapid Transit Product Portfolio
- 6.12.5 Easymile Recent Developments
- 6.13 Baidu (King Long)
- 6.13.1 Baidu (King Long) Company Information
- 6.13.2 Baidu (King Long) Business Overview
- 6.13.3 Baidu (King Long) Personal Rapid Transit Revenue, Global Share and Gross Margin (2021-2026)
- 6.13.4 Baidu (King Long) Personal Rapid Transit Product Portfolio
- 6.13.5 Baidu (King Long) Recent Developments
- 6.14 Local Motors
- 6.14.1 Local Motors Company Information
- 6.14.2 Local Motors Business Overview
- 6.14.3 Local Motors Personal Rapid Transit Revenue, Global Share and Gross Margin (2021-2026)
- 6.14.4 Local Motors Personal Rapid Transit Product Portfolio
- 6.14.5 Local Motors Recent Developments
- 6.15 Aurrigo
- 6.15.1 Aurrigo Company Information
- 6.15.2 Aurrigo Business Overview
- 6.15.3 Aurrigo Personal Rapid Transit Revenue, Global Share and Gross Margin (2021-2026)
- 6.15.4 Aurrigo Personal Rapid Transit Product Portfolio
- 6.15.5 Aurrigo Recent Developments
- 6.16 Westfield
- 6.16.1 Westfield Company Information
- 6.16.2 Westfield Business Overview
- 6.16.3 Westfield Personal Rapid Transit Revenue, Global Share and Gross Margin (2021-2026)
- 6.16.4 Westfield Personal Rapid Transit Product Portfolio
- 6.16.5 Westfield Recent Developments
- 6.17 Kamaz
- 6.17.1 Kamaz Company Information
- 6.17.2 Kamaz Business Overview
- 6.17.3 Kamaz Personal Rapid Transit Revenue, Global Share and Gross Margin (2021-2026)
- 6.17.4 Kamaz Personal Rapid Transit Product Portfolio
- 6.17.5 Kamaz Recent Developments
7 North America
- 7.1 North America Personal Rapid Transit Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 7.2 North America Personal Rapid Transit Market Size by Country (2021-2026)
- 7.3 North America Personal Rapid Transit Market Size Forecast by Country (2027-2032)
8 Europe
- 8.1 Europe Personal Rapid Transit Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 8.2 Europe Personal Rapid Transit Market Size by Country (2021-2026)
- 8.3 Europe Personal Rapid Transit Market Size Forecast by Country (2027-2032)
9 Asia-Pacific
- 9.1 Asia-Pacific Personal Rapid Transit Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 9.2 Asia-Pacific Personal Rapid Transit Market Size by Country (2021-2026)
- 9.3 Asia-Pacific Personal Rapid Transit Market Size Forecast by Country (2027-2032)
10 South America
- 10.1 South America Personal Rapid Transit Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 10.2 South America Personal Rapid Transit Market Size by Country (2021-2026)
- 10.3 South America Personal Rapid Transit Market Size Forecast by Country (2027-2032)
11 Middle East & Africa
- 11.1 Middle East & Africa Personal Rapid Transit Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 11.2 Middle East & Africa Personal Rapid Transit Market Size by Country (2021-2026)
- 11.3 Middle East & Africa Personal Rapid Transit Market Size Forecast by Country (2027-2032)
12 Concluding Insights
13 Appendix
- 13.1 Reasons for Doing This Study
- 13.2 Research Methodology
- 13.3 Research Process
- 13.4 Authors List of This Report
- 13.5 Data Source
- 13.5.1 Secondary Sources
- 13.5.2 Primary Sources
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