Hyperloop Technology Market Size, Share | Industry Growth & Analysis

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 31st, 2020, recording 4% jump as compared to 2020, which will boost the demand for Hyperloop technology in the approaching years.

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