Hyperloop Technology: Viability, Benefits, and Challenges Analysis

This report provides an overview of Hyperloop technology, exploring its potential for both passenger and freight transportation. It delves into the commercial viability of the system, analyzing factors such as cost reduction strategies, infrastructure implementation, and operational expenses. The report also examines the practical implications of implementing Hyperloop, including passenger comfort, safety considerations, and system resilience. It references relevant literature to assess the benefits and drawbacks of this high-speed transportation system, considering its advantages over existing modes like air, maglev, and HSR, while also addressing challenges related to route development, financial investment, and the need for innovation. The methodology involves an interpretivist research paradigm with an inductive approach to explore new information about the Hyperloop and its commercial potential.