Hyperloop- Reimagining How We Travel

  • Listen
  • 28th Oct,2021
  • 3.2K views
  • 2 mins read

What if you could travel from London to Paris in 4o minutes? Or, navigate the traffic-laden Mumbai-Pune route in just 25 minutes? I know it sounds unrealistic to many reading this blog. But hyperloop can make it possible. What is it? Hyperloop is a transport concept where vehicles in the shape of pods or capsules hurtle inside sealed low-pressure tubes at near-supersonic speeds. The theorized speed for a hyperloop pod is 760 miles or 1220 kilometres per hour. That's 2x the speed of an aeroplane and three to four times quicker than a bullet train. Virgin Hyperloop, in November 2020, successfully completed the human testing of hyperloop, albeit for 15 seconds on a 500-metre track. When commercialized on a scale, this technology can disrupt the transport ecosystem, set a new paradigm in Transportation-as-a-service, and possibly, replace short-haul flights.

 

The Concept

Hyperloop is like a super-speed train. The concept of a train in a tube is not fresh. Yet, it took the eccentric technopreneur Elon Musk to inject hyperloop into public consciousness in 2013 when he presented a 58-page technical paper. In the report, Musk explained the design of the hyperloop, positioning it as the fifth mode of transport after rail, flights, cars and ships. The centibillionaire described it as "a cross between a Concorde, a rail gun and an air hockey table."

Policy Push for Hyperloop

US President Joe Biden's $1.2 Trillion Infrastructure Bill pledges support for the development and deployment of hyperloop technologies, enabling the developers to avail federal funding. The European Commission's Sustainable and Smart Mobility Strategy has included hyperloop in its long-term strategy to reduce carbon emissions from transport by 90 per cent by 2050. In India, the policy think tank NITI Aayog has formed a panel to explore the viability of Virgin Hyperloop technology. The Maharashtra government had approved the Virgin Hyperloop-DP World Consortium as the original project proponent for the Mumbai-Pune route.

 

The Market for Hyperloop and The Benefits

The market for hyperloop technology is expected to grow from USD 1.2 billion in 2021 to USD 6.6 billion by 2026, at a CAGR of 40.4 per cent. Reduced travel time, inexpensive infrastructure maintenance and thrust on solar power consumption are primarily driving the market for hyperloop technology.

As a transportation option, the hyperloop is poised to gain traction as it packs many advantages. It offers high-speed and clean travel, consuming less energy than trains or aeroplanes. Also, the hyperloop is a weather-proof transport option since it's immune to weather vagaries like rain or snow.

Making Hyperloop a Viable Commute Option

The first step is to make an increasing volume of willing commuters aware of the benefits of the hyperloop. Next, to make hyperloop deliver the speed and comfort of air travel at the price of bus or rail transport, it needs to be viable. The steep initial investments required for hyperloop travel work can be financed with a mix of taxpayers' money and private capital. Once we get over the cost challenge, we need to achieve economies of scale to make the hyperloop gain currency and deliver results on the scale. Hyperloop is a big promise for carbon-neutral transportation – a sustainable bet for both commuters and commodities.

Image
AUTHOR:
Priyadarshi Pany

CEO & President

More Blog Posts from Priyadarshi Pany

Emerging Technologies - 3 MINS READ

From 5G to Web 3.0, it’s the emergence of Edge Computing

Emerging Technologies - 4 MINS READ

AR Tech in Mine Sampling- The Disruption You Haven’t Realized

Emerging Technologies - 4 MINS READ

How Tech Companies are Powering the Net-zero Economy

Emerging Technologies - 3 MINS READ

How Low Code-No Code Solutions Can Empower Your Business

Enterprise Resource Planning - 3 MINS READ

Engage Better With Alumni to Combat The Great Resignation

Emerging Technologies - 3 MINS READ

Web 3.0- Reimagining The Internet’s Future with Blockchain

GovTech Solution - 3 MINS READ

How Golden Records Citizen Database Can Empower Governance

Enterprise Resource Planning - 3 MINS READ

Think Green for Jobs; Go Green for a Decarbonized World

GovTech Solution - 3 MINS READ

Why Governments Need a Unified Grievance Management System

Enterprise Resource Planning - 2 MINS READ

Global Tech Hubs Can Heighten India's Raging Talent War

Most Viewed Blog Posts

Mines & Minerals - 3 MINS READ

Digital Logistics for Pivoting To Mining 4.0

Mines & Minerals - 3 MINS READ

Big Data & Analytics For Mining Sector Transformation

Emerging Technologies - 3 MINS READ

Artificial Intelligence: The Future Is Here

Mines & Minerals - 3 MINS READ

Automated Industrial Inspections to Leapfrog Business Reforms

Emerging Technologies - 2 MINS READ

e-Governance: Adopting Agile Methodology

Digital Transformation - 3 MINS READ

How Digitization Reformed the Food Supply Chain in Odisha

Healthcare - 3 MINS READ

CoVaTrack: Tracking The Enigmatic Vaccine

Digital Transformation - 2 MINS READ

How This Budget with a Digital Pulse can Turnaround India

Blockchain - 1 MIN READ

Blockchain : The Trust Protocol for Data Integrity through Distributed Power

Emerging Technologies - 3 MINS READ

How Emerging Tech Can Empower Social Commerce


CSM Technologies

Subscribe to our newsletter


If you choose to provide us with your e-mail address and/or other (indirect) personally identifiable information, we will only use such information to send you our newsletter