Start reading ,This title and over 12000 thousand more,available with Avenue Library, T&C*
Light Rail Market by Component (Pantograph, Axle, Wheelset, Traction Motor, Passenger Information System and Air Conditioning System), Type (Locomotives, Rapid Transit, Wagons and Coaches) and Application (Passenger Transportation and Freight Transportation): Global Opportunity Analysis and Industry Forecast, 2021–2027
| A08503 | Pages: NA | Feb 2021 | 112 Views | | |
| Author(s) : NA | Tables: NA | Charts: NA | Formats*: | |
COVID-19
Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Light Rail Market
Request Now !Light Rail Market Outlook - 2027
Light rail is a medium capacity mode of mass rapid transport, which is considered as an efficient means of public transport and significantly contributes to reshape the future of urban transportation. Light rail uses equipment and infrastructure, which are less massive than heavy rail modes such as commuter and metro rail systems or subways. Light rail is considered similar to a tramway but differs slightly in capacity. The market has witnesses significant opportunities in the past few years due to its lower capital costs and increased reliability compared to the heavy rail system. Light rail vehicle is also an environment-friendly alternative for means of transport. Improvement in passenger comfort as well as enhanced environmental control is expected to drive the demand for light rail vehicles in urban regions.
Market scope and structure analysis:
Report Metric | Details |
 Market size available for years |  2020–2027 |
 Base year considered |  2019 |
 Forecast period  |  2021–2027 |
 Forecast unit |  Value (USD) |
 Segments covered |  Component, Type, and Application |
 Regions covered | North America (the U.S. and Canada), Europe (Germany, the UK, France, and rest of Europe), Asia-Pacific (China, Japan, India, and rest of Asia-Pacific), Latin America (Brazil, Mexico, and rest of LATAM), and the Middle East and Africa |
 Companies covered | Bombardier, Alstom, Siemens, Mitsubishi, CRRC, PKC Group, Progress Rail Services, Promtractor-Vagon CJSC, SCG Solutions, and Sinara Transport Machines |
Â
COVID-19 scenario analysis:
- Trains became one of the major aspects of the fight against the pandemic. Â Many train organizations in various countries have turned bogies into quarantine hospitals.
- The market is expected to witness tremendous growth after the lockdown is over as governments are going to introduce many more new projects to maintain social distancing.Â
- The growth for the market has been continuously increasing since many years. Moreover, to ensure safe travel after the pandemic, people are expected to choose train travel over other modes of transport.
- In many countries, trains are the major source of travel for many people. Therefore, after the pandemic is over, demand is expected to eventually rise.
Top impacting factors: Market scenario analysis, trends, drivers, and impact analysis
Public transport as a means of reducing traffic congestion, growth in demand for energy-efficient transport, and increase in demand for comfort & safety are expected to spur the demand for light rail market over the forecast period. Moreover, refurbishment of existing rolling stock and capital-intensive nature of rolling stock are anticipated to hamper the growth of the market. Furthermore, big data applications in the rail industry and an increase in industrial & mining activity are expected to offer lucrative opportunities for the market over the forecast period.
The light rail market trends are as follows:
Public transport is a means of reducing traffic congestionÂ
Growth in urbanization in almost every country across the world has increased the traffic in every developed city. Therefore, governments have motivated people to use public transport for daily travel, thereby strengthening the means of transportation for shorter distances. Increase in awareness among people for the environment has also motivated them to use public transport or shared mobility.
Increase in demand for comfort and safetyÂ
People across the globe are willing to spend more to save time, the security provided, and the facilities they get in return. Hence, while travelling the passengers are expecting good services all across the globe. With increase in demand for comfort & safety, manufacturers of light rail are innovating new designs to fulfill these demands. Therefore, this is expected to boost the growth of the market over the forecast period. Â
Key segments covered: Â Â Â Â Â Â Â Â Â Â Â Â Â Â
Segments | Sub-segments |
 Components |
|
 Type |
|
 Application |
|
Â
Key benefits of the report:
- This study presents the analytical depiction of the light rail market along with current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with a detailed analysis of the light rail market share.
- The current market is quantitatively analyzed from 2020 to 2027 to highlight the light rail market scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.Â
- The report provides a detailed analysis based on competitive intensity and how the competition will take shape in the coming years.Â
Questions answered in the light rail market research report:
- Which are the leading market players active in the market?
- What are the current trends that will influence the market in the next few years?
- What are the driving factors, restraints, and opportunities of the market?
- What are the projections for the future that would help in taking further strategic steps?
We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:
- Consistent, valuable, robust and actionable data & analysis that can easily be referenced for strategic business planning
- Technologically sophisticated and reliable insights through well audited and veracious research methodology
- Sovereign research proceeds that present a tangible depiction of marketplace
With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.
Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry
- Patent and regulatory databases for understanding of technical & legal developments
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic new articles, web-casts and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators and relevant press releases for market estimates and forecast
Primary research
Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:
- Validates and improves the data quality and strengthens research proceeds
- Further develops analyst team’s market understanding and expertise
- Supplies authentic information about market size, share, growth and forecasts
Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:
- Chief executives and VPs of leading corporations specific to industry
- Product and sales managers or country heads; channel partners and top level distributors; banking, investments and valuation experts Key opinion leaders (KOLs)
Analyst tools and models
AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.
Access from any device, anywhere
Clients can easily download both quantitative as well as
qualitative reports in PDF and excel formats.
REQUEST TOC/SAMPLE
Purchase Full Report of
Light Rail Market
- Online Only
-
$3,456$3,110 - Online cloud access only
- Restricted print, copy, paste & download
- Read only
- Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
10%
Discount
- Data Pack
-
$3,840$3,456 - Restricted to one authorized user
- One print only
- Available in
Excel - Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
10%
Discount
- Single User
-
$5,769$5,192 - Restricted to one authorized user
- One print only
- Available in Excel & PDF
- Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
10%
Discount
- Five Users
-
$6,450$5,805 - Limited to five authorized users
- Print upto five copies
- Available in Excel & PDF
- Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
10%
Discount
-
Enterprise
License/PDF -
$8,995$8,096 - Unlimited
within
company/enterprise - Available in Excel & PDF
- Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
10%
Discount
- Library Membership
- $ 699/mo
- Published Content
E-access - Company Profiles
E-access - Newly Added Content Access
- 10 PDF
Downloads - 5 Excel Data
Pack Downloads - 250 Company Profiles PDF Downloads
-
Start reading.
Buy Now
This title and over 12,000+ are available on the Avenue Library. T&C*.
*Taxes/Fees, if applicable will be added during checkout. All prices in USD
Why Allied Market Research?
Infallible Methodology
To ensure high-level data integrity, accurate analysis, and impeccable forecasts
Analyst Support
For complete satisfaction
Customization
On-demand customization of scope of the report to exactly meet your needs
TARGETED MARKET VIEW
Targeted market view to provide pertinent information and save time of readers
Get fresh content delivered
Get insights on topics that are crucial for your business. Stay abreast of your interest areas.
Why Allied Market Research?
Infallible Methodology
To ensure high-level data integrity, accurate analysis, and impeccable forecasts
Analyst Support
For complete satisfaction
Customization
On-demand customization of scope of the report to exactly meet your needs
TARGETED MARKET VIEW
Targeted market view to provide pertinent information and save time of readers