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Light Rail Market by Components (Pantograph, Axle, Wheelset, Traction Motor, Passenger Information System, Air Conditioning System), by Type (Locomotives, Rapid Transit, Wagons, Coaches) and by Application (Passenger Transportation, Freight Transportation): Global Opportunity Analysis and Industry Forecast, 2023-2032

A08503

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Tables: NA

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.

COVID-19 scenario analysis:

  • Trains became one of the major aspects of the fight against the pandemic.  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. 
  • 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 congestion 

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 safety 

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.  

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 to highlight the light rail market scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market. 
  • The report provides a detailed analysis based on competitive intensity and how the competition will take shape in the coming years. 

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?

 Key Market Segments

  • By Components
    • Pantograph
    • Axle
    • Wheelset
    • Traction Motor
    • Passenger Information System
    • Air Conditioning System
  • By Type
    • Locomotives
    • Rapid Transit
    • Wagons
    • Coaches
  • By Application
    • Passenger Transportation
    • Freight Transportation
  • By Region
    • North America
      • US
      • Canada
    • Europe
      • Germany
      • UK
      • France
      • rest of Europe
    • Asia-Pacific
      • China
      • Japan
      • India
      • rest of Asia-Pacific
    • Latin America
      • Brazil
      • Mexico
      • rest of LATAM
    • Middle East
    • Africa

 
Key Market Players

  • Siemens
  • CRRC
  • SCG Solutions
  • Promtractor-Vagon CJSC
  • Bombardier
  • PKC Group
  • Alstom
  • Mitsubishi
  • Sinara Transport Machines
  • Progress Rail Services

  • CHAPTER 1: INTRODUCTION

    • 1.1. Report Description

    • 1.2. Key Market Segments

    • 1.3. Key Benefits

    • 1.4. Research Methodology

      • 1.4.1. Primary Research

      • 1.4.2. Secondary Research

      • 1.4.3. Analyst Tools and Models

  • CHAPTER 2: EXECUTIVE SUMMARY

    • 2.1. CXO Perspective

  • CHAPTER 3: MARKET LANDSCAPE

    • 3.1. Market Definition and Scope

    • 3.2. Key Findings

      • 3.2.1. Top Investment Pockets

      • 3.2.2. Top Winning Strategies

    • 3.3. Porter's Five Forces Analysis

      • 3.3.1. Bargaining Power of Suppliers

      • 3.3.2. Threat of New Entrants

      • 3.3.3. Threat of Substitutes

      • 3.3.4. Competitive Rivalry

      • 3.3.5. Bargaining Power among Buyers

    • 3.5. Market Dynamics

      • 3.5.1. Drivers

      • 3.5.2. Restraints

      • 3.5.3. Opportunities

  • CHAPTER 4: LIGHT RAIL MARKET, BY COMPONENTS

    • 4.1. Market Overview

      • 4.1.1 Market Size and Forecast, By Components

    • 4.2. Pantograph

      • 4.2.1. Key Market Trends, Growth Factors and Opportunities

      • 4.2.2. Market Size and Forecast, By Region

      • 4.2.3. Market Share Analysis, By Country

    • 4.3. Axle

      • 4.3.1. Key Market Trends, Growth Factors and Opportunities

      • 4.3.2. Market Size and Forecast, By Region

      • 4.3.3. Market Share Analysis, By Country

    • 4.4. Wheelset

      • 4.4.1. Key Market Trends, Growth Factors and Opportunities

      • 4.4.2. Market Size and Forecast, By Region

      • 4.4.3. Market Share Analysis, By Country

    • 4.5. Traction Motor

      • 4.5.1. Key Market Trends, Growth Factors and Opportunities

      • 4.5.2. Market Size and Forecast, By Region

      • 4.5.3. Market Share Analysis, By Country

    • 4.6. Passenger Information System

      • 4.6.1. Key Market Trends, Growth Factors and Opportunities

      • 4.6.2. Market Size and Forecast, By Region

      • 4.6.3. Market Share Analysis, By Country

    • 4.7. Air Conditioning System

      • 4.7.1. Key Market Trends, Growth Factors and Opportunities

      • 4.7.2. Market Size and Forecast, By Region

      • 4.7.3. Market Share Analysis, By Country

  • CHAPTER 5: LIGHT RAIL MARKET, BY TYPE

    • 5.1. Market Overview

      • 5.1.1 Market Size and Forecast, By Type

    • 5.2. Locomotives

      • 5.2.1. Key Market Trends, Growth Factors and Opportunities

      • 5.2.2. Market Size and Forecast, By Region

      • 5.2.3. Market Share Analysis, By Country

    • 5.3. Rapid Transit

      • 5.3.1. Key Market Trends, Growth Factors and Opportunities

      • 5.3.2. Market Size and Forecast, By Region

      • 5.3.3. Market Share Analysis, By Country

    • 5.4. Wagons

      • 5.4.1. Key Market Trends, Growth Factors and Opportunities

      • 5.4.2. Market Size and Forecast, By Region

      • 5.4.3. Market Share Analysis, By Country

    • 5.5. Coaches

      • 5.5.1. Key Market Trends, Growth Factors and Opportunities

      • 5.5.2. Market Size and Forecast, By Region

      • 5.5.3. Market Share Analysis, By Country

  • CHAPTER 6: LIGHT RAIL MARKET, BY APPLICATION

    • 6.1. Market Overview

      • 6.1.1 Market Size and Forecast, By Application

    • 6.2. Passenger Transportation

      • 6.2.1. Key Market Trends, Growth Factors and Opportunities

      • 6.2.2. Market Size and Forecast, By Region

      • 6.2.3. Market Share Analysis, By Country

    • 6.3. Freight Transportation

      • 6.3.1. Key Market Trends, Growth Factors and Opportunities

      • 6.3.2. Market Size and Forecast, By Region

      • 6.3.3. Market Share Analysis, By Country

  • CHAPTER 7: LIGHT RAIL MARKET, BY REGION

    • 7.1. Market Overview

      • 7.1.1 Market Size and Forecast, By Region

    • 7.2. North America

      • 7.2.1. Key Market Trends and Opportunities

      • 7.2.2. Market Size and Forecast, By Components

      • 7.2.3. Market Size and Forecast, By Type

      • 7.2.4. Market Size and Forecast, By Application

      • 7.2.5. Market Size and Forecast, By Country

      • 7.2.6. U.S. Light Rail Market

        • 7.2.6.1. Market Size and Forecast, By Components
        • 7.2.6.2. Market Size and Forecast, By Type
        • 7.2.6.3. Market Size and Forecast, By Application

      • 7.2.7. Canada Light Rail Market

        • 7.2.7.1. Market Size and Forecast, By Components
        • 7.2.7.2. Market Size and Forecast, By Type
        • 7.2.7.3. Market Size and Forecast, By Application

      • 7.2.8. Mexico Light Rail Market

        • 7.2.8.1. Market Size and Forecast, By Components
        • 7.2.8.2. Market Size and Forecast, By Type
        • 7.2.8.3. Market Size and Forecast, By Application

    • 7.3. Europe

      • 7.3.1. Key Market Trends and Opportunities

      • 7.3.2. Market Size and Forecast, By Components

      • 7.3.3. Market Size and Forecast, By Type

      • 7.3.4. Market Size and Forecast, By Application

      • 7.3.5. Market Size and Forecast, By Country

      • 7.3.6. France Light Rail Market

        • 7.3.6.1. Market Size and Forecast, By Components
        • 7.3.6.2. Market Size and Forecast, By Type
        • 7.3.6.3. Market Size and Forecast, By Application

      • 7.3.7. Germany Light Rail Market

        • 7.3.7.1. Market Size and Forecast, By Components
        • 7.3.7.2. Market Size and Forecast, By Type
        • 7.3.7.3. Market Size and Forecast, By Application

      • 7.3.8. Italy Light Rail Market

        • 7.3.8.1. Market Size and Forecast, By Components
        • 7.3.8.2. Market Size and Forecast, By Type
        • 7.3.8.3. Market Size and Forecast, By Application

      • 7.3.9. Spain Light Rail Market

        • 7.3.9.1. Market Size and Forecast, By Components
        • 7.3.9.2. Market Size and Forecast, By Type
        • 7.3.9.3. Market Size and Forecast, By Application

      • 7.3.10. UK Light Rail Market

        • 7.3.10.1. Market Size and Forecast, By Components
        • 7.3.10.2. Market Size and Forecast, By Type
        • 7.3.10.3. Market Size and Forecast, By Application

      • 7.3.11. Russia Light Rail Market

        • 7.3.11.1. Market Size and Forecast, By Components
        • 7.3.11.2. Market Size and Forecast, By Type
        • 7.3.11.3. Market Size and Forecast, By Application

      • 7.3.12. Rest Of Europe Light Rail Market

        • 7.3.12.1. Market Size and Forecast, By Components
        • 7.3.12.2. Market Size and Forecast, By Type
        • 7.3.12.3. Market Size and Forecast, By Application

    • 7.4. Asia-Pacific

      • 7.4.1. Key Market Trends and Opportunities

      • 7.4.2. Market Size and Forecast, By Components

      • 7.4.3. Market Size and Forecast, By Type

      • 7.4.4. Market Size and Forecast, By Application

      • 7.4.5. Market Size and Forecast, By Country

      • 7.4.6. China Light Rail Market

        • 7.4.6.1. Market Size and Forecast, By Components
        • 7.4.6.2. Market Size and Forecast, By Type
        • 7.4.6.3. Market Size and Forecast, By Application

      • 7.4.7. Japan Light Rail Market

        • 7.4.7.1. Market Size and Forecast, By Components
        • 7.4.7.2. Market Size and Forecast, By Type
        • 7.4.7.3. Market Size and Forecast, By Application

      • 7.4.8. India Light Rail Market

        • 7.4.8.1. Market Size and Forecast, By Components
        • 7.4.8.2. Market Size and Forecast, By Type
        • 7.4.8.3. Market Size and Forecast, By Application

      • 7.4.9. South Korea Light Rail Market

        • 7.4.9.1. Market Size and Forecast, By Components
        • 7.4.9.2. Market Size and Forecast, By Type
        • 7.4.9.3. Market Size and Forecast, By Application

      • 7.4.10. Australia Light Rail Market

        • 7.4.10.1. Market Size and Forecast, By Components
        • 7.4.10.2. Market Size and Forecast, By Type
        • 7.4.10.3. Market Size and Forecast, By Application

      • 7.4.11. Thailand Light Rail Market

        • 7.4.11.1. Market Size and Forecast, By Components
        • 7.4.11.2. Market Size and Forecast, By Type
        • 7.4.11.3. Market Size and Forecast, By Application

      • 7.4.12. Malaysia Light Rail Market

        • 7.4.12.1. Market Size and Forecast, By Components
        • 7.4.12.2. Market Size and Forecast, By Type
        • 7.4.12.3. Market Size and Forecast, By Application

      • 7.4.13. Indonesia Light Rail Market

        • 7.4.13.1. Market Size and Forecast, By Components
        • 7.4.13.2. Market Size and Forecast, By Type
        • 7.4.13.3. Market Size and Forecast, By Application

      • 7.4.14. Rest of Asia Pacific Light Rail Market

        • 7.4.14.1. Market Size and Forecast, By Components
        • 7.4.14.2. Market Size and Forecast, By Type
        • 7.4.14.3. Market Size and Forecast, By Application

    • 7.5. LAMEA

      • 7.5.1. Key Market Trends and Opportunities

      • 7.5.2. Market Size and Forecast, By Components

      • 7.5.3. Market Size and Forecast, By Type

      • 7.5.4. Market Size and Forecast, By Application

      • 7.5.5. Market Size and Forecast, By Country

      • 7.5.6. Brazil Light Rail Market

        • 7.5.6.1. Market Size and Forecast, By Components
        • 7.5.6.2. Market Size and Forecast, By Type
        • 7.5.6.3. Market Size and Forecast, By Application

      • 7.5.7. South Africa Light Rail Market

        • 7.5.7.1. Market Size and Forecast, By Components
        • 7.5.7.2. Market Size and Forecast, By Type
        • 7.5.7.3. Market Size and Forecast, By Application

      • 7.5.8. Saudi Arabia Light Rail Market

        • 7.5.8.1. Market Size and Forecast, By Components
        • 7.5.8.2. Market Size and Forecast, By Type
        • 7.5.8.3. Market Size and Forecast, By Application

      • 7.5.9. UAE Light Rail Market

        • 7.5.9.1. Market Size and Forecast, By Components
        • 7.5.9.2. Market Size and Forecast, By Type
        • 7.5.9.3. Market Size and Forecast, By Application

      • 7.5.10. Argentina Light Rail Market

        • 7.5.10.1. Market Size and Forecast, By Components
        • 7.5.10.2. Market Size and Forecast, By Type
        • 7.5.10.3. Market Size and Forecast, By Application

      • 7.5.11. Rest of LAMEA Light Rail Market

        • 7.5.11.1. Market Size and Forecast, By Components
        • 7.5.11.2. Market Size and Forecast, By Type
        • 7.5.11.3. Market Size and Forecast, By Application

  • CHAPTER 8: COMPETITIVE LANDSCAPE

    • 8.1. Introduction

    • 8.2. Top Winning Strategies

    • 8.3. Product Mapping Of Top 10 Player

    • 8.4. Competitive Dashboard

    • 8.5. Competitive Heatmap

    • 8.6. Top Player Positioning, 2024

  • CHAPTER 9: COMPANY PROFILES

    • 9.1. Bombardier

      • 9.1.1. Company Overview

      • 9.1.2. Key Executives

      • 9.1.3. Company Snapshot

      • 9.1.4. Operating Business Segments

      • 9.1.5. Product Portfolio

      • 9.1.6. Business Performance

      • 9.1.7. Key Strategic Moves and Developments

    • 9.2. Alstom

      • 9.2.1. Company Overview

      • 9.2.2. Key Executives

      • 9.2.3. Company Snapshot

      • 9.2.4. Operating Business Segments

      • 9.2.5. Product Portfolio

      • 9.2.6. Business Performance

      • 9.2.7. Key Strategic Moves and Developments

    • 9.3. Siemens

      • 9.3.1. Company Overview

      • 9.3.2. Key Executives

      • 9.3.3. Company Snapshot

      • 9.3.4. Operating Business Segments

      • 9.3.5. Product Portfolio

      • 9.3.6. Business Performance

      • 9.3.7. Key Strategic Moves and Developments

    • 9.4. Mitsubishi

      • 9.4.1. Company Overview

      • 9.4.2. Key Executives

      • 9.4.3. Company Snapshot

      • 9.4.4. Operating Business Segments

      • 9.4.5. Product Portfolio

      • 9.4.6. Business Performance

      • 9.4.7. Key Strategic Moves and Developments

    • 9.5. CRRC

      • 9.5.1. Company Overview

      • 9.5.2. Key Executives

      • 9.5.3. Company Snapshot

      • 9.5.4. Operating Business Segments

      • 9.5.5. Product Portfolio

      • 9.5.6. Business Performance

      • 9.5.7. Key Strategic Moves and Developments

    • 9.6. PKC Group

      • 9.6.1. Company Overview

      • 9.6.2. Key Executives

      • 9.6.3. Company Snapshot

      • 9.6.4. Operating Business Segments

      • 9.6.5. Product Portfolio

      • 9.6.6. Business Performance

      • 9.6.7. Key Strategic Moves and Developments

    • 9.7. Progress Rail Services

      • 9.7.1. Company Overview

      • 9.7.2. Key Executives

      • 9.7.3. Company Snapshot

      • 9.7.4. Operating Business Segments

      • 9.7.5. Product Portfolio

      • 9.7.6. Business Performance

      • 9.7.7. Key Strategic Moves and Developments

    • 9.8. Promtractor-Vagon CJSC

      • 9.8.1. Company Overview

      • 9.8.2. Key Executives

      • 9.8.3. Company Snapshot

      • 9.8.4. Operating Business Segments

      • 9.8.5. Product Portfolio

      • 9.8.6. Business Performance

      • 9.8.7. Key Strategic Moves and Developments

    • 9.9. SCG Solutions

      • 9.9.1. Company Overview

      • 9.9.2. Key Executives

      • 9.9.3. Company Snapshot

      • 9.9.4. Operating Business Segments

      • 9.9.5. Product Portfolio

      • 9.9.6. Business Performance

      • 9.9.7. Key Strategic Moves and Developments

    • 9.10. Sinara Transport Machines

      • 9.10.1. Company Overview

      • 9.10.2. Key Executives

      • 9.10.3. Company Snapshot

      • 9.10.4. Operating Business Segments

      • 9.10.5. Product Portfolio

      • 9.10.6. Business Performance

      • 9.10.7. Key Strategic Moves and Developments

  • LIST OF TABLES

  • TABLE 1. GLOBAL LIGHT RAIL MARKET, BY COMPONENTS, 2025-2033 ($MILLION)
  • TABLE 2. GLOBAL LIGHT RAIL MARKET FOR PANTOGRAPH, BY REGION, 2025-2033 ($MILLION)
  • TABLE 3. GLOBAL LIGHT RAIL MARKET FOR AXLE, BY REGION, 2025-2033 ($MILLION)
  • TABLE 4. GLOBAL LIGHT RAIL MARKET FOR WHEELSET, BY REGION, 2025-2033 ($MILLION)
  • TABLE 5. GLOBAL LIGHT RAIL MARKET FOR TRACTION MOTOR, BY REGION, 2025-2033 ($MILLION)
  • TABLE 6. GLOBAL LIGHT RAIL MARKET FOR PASSENGER INFORMATION SYSTEM, BY REGION, 2025-2033 ($MILLION)
  • TABLE 7. GLOBAL LIGHT RAIL MARKET FOR AIR CONDITIONING SYSTEM, BY REGION, 2025-2033 ($MILLION)
  • TABLE 8. GLOBAL LIGHT RAIL MARKET, BY TYPE, 2025-2033 ($MILLION)
  • TABLE 9. GLOBAL LIGHT RAIL MARKET FOR LOCOMOTIVES, BY REGION, 2025-2033 ($MILLION)
  • TABLE 10. GLOBAL LIGHT RAIL MARKET FOR RAPID TRANSIT, BY REGION, 2025-2033 ($MILLION)
  • TABLE 11. GLOBAL LIGHT RAIL MARKET FOR WAGONS, BY REGION, 2025-2033 ($MILLION)
  • TABLE 12. GLOBAL LIGHT RAIL MARKET FOR COACHES, BY REGION, 2025-2033 ($MILLION)
  • TABLE 13. GLOBAL LIGHT RAIL MARKET, BY APPLICATION, 2025-2033 ($MILLION)
  • TABLE 14. GLOBAL LIGHT RAIL MARKET FOR PASSENGER TRANSPORTATION, BY REGION, 2025-2033 ($MILLION)
  • TABLE 15. GLOBAL LIGHT RAIL MARKET FOR FREIGHT TRANSPORTATION, BY REGION, 2025-2033 ($MILLION)
  • TABLE 16. GLOBAL LIGHT RAIL MARKET, BY REGION, 2025-2033 ($MILLION)
  • TABLE 17. NORTH AMERICA LIGHT RAIL, BY REGION, 2025-2033 ($MILLION)
  • TABLE 18. NORTH AMERICA LIGHT RAIL, BY COMPONENTS, 2025-2033 ($MILLION)
  • TABLE 19. NORTH AMERICA LIGHT RAIL, BY TYPE, 2025-2033 ($MILLION)
  • TABLE 20. NORTH AMERICA LIGHT RAIL, BY APPLICATION, 2025-2033 ($MILLION)
  • TABLE 21. U.S. LIGHT RAIL, BY COMPONENTS, 2025-2033 ($MILLION)
  • TABLE 22. U.S. LIGHT RAIL, BY TYPE, 2025-2033 ($MILLION)
  • TABLE 23. U.S. LIGHT RAIL, BY APPLICATION, 2025-2033 ($MILLION)
  • TABLE 24. CANADA LIGHT RAIL, BY COMPONENTS, 2025-2033 ($MILLION)
  • TABLE 25. CANADA LIGHT RAIL, BY TYPE, 2025-2033 ($MILLION)
  • TABLE 26. CANADA LIGHT RAIL, BY APPLICATION, 2025-2033 ($MILLION)
  • TABLE 27. MEXICO LIGHT RAIL, BY COMPONENTS, 2025-2033 ($MILLION)
  • TABLE 28. MEXICO LIGHT RAIL, BY TYPE, 2025-2033 ($MILLION)
  • TABLE 29. MEXICO LIGHT RAIL, BY APPLICATION, 2025-2033 ($MILLION)
  • TABLE 30. EUROPE LIGHT RAIL, BY REGION, 2025-2033 ($MILLION)
  • TABLE 31. EUROPE LIGHT RAIL, BY COMPONENTS, 2025-2033 ($MILLION)
  • TABLE 32. EUROPE LIGHT RAIL, BY TYPE, 2025-2033 ($MILLION)
  • TABLE 33. EUROPE LIGHT RAIL, BY APPLICATION, 2025-2033 ($MILLION)
  • TABLE 34. FRANCE LIGHT RAIL, BY COMPONENTS, 2025-2033 ($MILLION)
  • TABLE 35. FRANCE LIGHT RAIL, BY TYPE, 2025-2033 ($MILLION)
  • TABLE 36. FRANCE LIGHT RAIL, BY APPLICATION, 2025-2033 ($MILLION)
  • TABLE 37. GERMANY LIGHT RAIL, BY COMPONENTS, 2025-2033 ($MILLION)
  • TABLE 38. GERMANY LIGHT RAIL, BY TYPE, 2025-2033 ($MILLION)
  • TABLE 39. GERMANY LIGHT RAIL, BY APPLICATION, 2025-2033 ($MILLION)
  • TABLE 40. ITALY LIGHT RAIL, BY COMPONENTS, 2025-2033 ($MILLION)
  • TABLE 41. ITALY LIGHT RAIL, BY TYPE, 2025-2033 ($MILLION)
  • TABLE 42. ITALY LIGHT RAIL, BY APPLICATION, 2025-2033 ($MILLION)
  • TABLE 43. SPAIN LIGHT RAIL, BY COMPONENTS, 2025-2033 ($MILLION)
  • TABLE 44. SPAIN LIGHT RAIL, BY TYPE, 2025-2033 ($MILLION)
  • TABLE 45. SPAIN LIGHT RAIL, BY APPLICATION, 2025-2033 ($MILLION)
  • TABLE 46. UK LIGHT RAIL, BY COMPONENTS, 2025-2033 ($MILLION)
  • TABLE 47. UK LIGHT RAIL, BY TYPE, 2025-2033 ($MILLION)
  • TABLE 48. UK LIGHT RAIL, BY APPLICATION, 2025-2033 ($MILLION)
  • TABLE 49. RUSSIA LIGHT RAIL, BY COMPONENTS, 2025-2033 ($MILLION)
  • TABLE 50. RUSSIA LIGHT RAIL, BY TYPE, 2025-2033 ($MILLION)
  • TABLE 51. RUSSIA LIGHT RAIL, BY APPLICATION, 2025-2033 ($MILLION)
  • TABLE 52. REST OF EUROPE LIGHT RAIL, BY COMPONENTS, 2025-2033 ($MILLION)
  • TABLE 53. REST OF EUROPE LIGHT RAIL, BY TYPE, 2025-2033 ($MILLION)
  • TABLE 54. REST OF EUROPE LIGHT RAIL, BY APPLICATION, 2025-2033 ($MILLION)
  • TABLE 55. ASIA-PACIFIC LIGHT RAIL, BY REGION, 2025-2033 ($MILLION)
  • TABLE 56. ASIA-PACIFIC LIGHT RAIL, BY COMPONENTS, 2025-2033 ($MILLION)
  • TABLE 57. ASIA-PACIFIC LIGHT RAIL, BY TYPE, 2025-2033 ($MILLION)
  • TABLE 58. ASIA-PACIFIC LIGHT RAIL, BY APPLICATION, 2025-2033 ($MILLION)
  • TABLE 59. CHINA LIGHT RAIL, BY COMPONENTS, 2025-2033 ($MILLION)
  • TABLE 60. CHINA LIGHT RAIL, BY TYPE, 2025-2033 ($MILLION)
  • TABLE 61. CHINA LIGHT RAIL, BY APPLICATION, 2025-2033 ($MILLION)
  • TABLE 62. JAPAN LIGHT RAIL, BY COMPONENTS, 2025-2033 ($MILLION)
  • TABLE 63. JAPAN LIGHT RAIL, BY TYPE, 2025-2033 ($MILLION)
  • TABLE 64. JAPAN LIGHT RAIL, BY APPLICATION, 2025-2033 ($MILLION)
  • TABLE 65. INDIA LIGHT RAIL, BY COMPONENTS, 2025-2033 ($MILLION)
  • TABLE 66. INDIA LIGHT RAIL, BY TYPE, 2025-2033 ($MILLION)
  • TABLE 67. INDIA LIGHT RAIL, BY APPLICATION, 2025-2033 ($MILLION)
  • TABLE 68. SOUTH KOREA LIGHT RAIL, BY COMPONENTS, 2025-2033 ($MILLION)
  • TABLE 69. SOUTH KOREA LIGHT RAIL, BY TYPE, 2025-2033 ($MILLION)
  • TABLE 70. SOUTH KOREA LIGHT RAIL, BY APPLICATION, 2025-2033 ($MILLION)
  • TABLE 71. AUSTRALIA LIGHT RAIL, BY COMPONENTS, 2025-2033 ($MILLION)
  • TABLE 72. AUSTRALIA LIGHT RAIL, BY TYPE, 2025-2033 ($MILLION)
  • TABLE 73. AUSTRALIA LIGHT RAIL, BY APPLICATION, 2025-2033 ($MILLION)
  • TABLE 74. THAILAND LIGHT RAIL, BY COMPONENTS, 2025-2033 ($MILLION)
  • TABLE 75. THAILAND LIGHT RAIL, BY TYPE, 2025-2033 ($MILLION)
  • TABLE 76. THAILAND LIGHT RAIL, BY APPLICATION, 2025-2033 ($MILLION)
  • TABLE 77. MALAYSIA LIGHT RAIL, BY COMPONENTS, 2025-2033 ($MILLION)
  • TABLE 78. MALAYSIA LIGHT RAIL, BY TYPE, 2025-2033 ($MILLION)
  • TABLE 79. MALAYSIA LIGHT RAIL, BY APPLICATION, 2025-2033 ($MILLION)
  • TABLE 80. INDONESIA LIGHT RAIL, BY COMPONENTS, 2025-2033 ($MILLION)
  • TABLE 81. INDONESIA LIGHT RAIL, BY TYPE, 2025-2033 ($MILLION)
  • TABLE 82. INDONESIA LIGHT RAIL, BY APPLICATION, 2025-2033 ($MILLION)
  • TABLE 83. REST OF ASIA PACIFIC LIGHT RAIL, BY COMPONENTS, 2025-2033 ($MILLION)
  • TABLE 84. REST OF ASIA PACIFIC LIGHT RAIL, BY TYPE, 2025-2033 ($MILLION)
  • TABLE 85. REST OF ASIA PACIFIC LIGHT RAIL, BY APPLICATION, 2025-2033 ($MILLION)
  • TABLE 86. LAMEA LIGHT RAIL, BY REGION, 2025-2033 ($MILLION)
  • TABLE 87. LAMEA LIGHT RAIL, BY COMPONENTS, 2025-2033 ($MILLION)
  • TABLE 88. LAMEA LIGHT RAIL, BY TYPE, 2025-2033 ($MILLION)
  • TABLE 89. LAMEA LIGHT RAIL, BY APPLICATION, 2025-2033 ($MILLION)
  • TABLE 90. BRAZIL LIGHT RAIL, BY COMPONENTS, 2025-2033 ($MILLION)
  • TABLE 91. BRAZIL LIGHT RAIL, BY TYPE, 2025-2033 ($MILLION)
  • TABLE 92. BRAZIL LIGHT RAIL, BY APPLICATION, 2025-2033 ($MILLION)
  • TABLE 93. SOUTH AFRICA LIGHT RAIL, BY COMPONENTS, 2025-2033 ($MILLION)
  • TABLE 94. SOUTH AFRICA LIGHT RAIL, BY TYPE, 2025-2033 ($MILLION)
  • TABLE 95. SOUTH AFRICA LIGHT RAIL, BY APPLICATION, 2025-2033 ($MILLION)
  • TABLE 96. SAUDI ARABIA LIGHT RAIL, BY COMPONENTS, 2025-2033 ($MILLION)
  • TABLE 97. SAUDI ARABIA LIGHT RAIL, BY TYPE, 2025-2033 ($MILLION)
  • TABLE 98. SAUDI ARABIA LIGHT RAIL, BY APPLICATION, 2025-2033 ($MILLION)
  • TABLE 99. UAE LIGHT RAIL, BY COMPONENTS, 2025-2033 ($MILLION)
  • TABLE 100. UAE LIGHT RAIL, BY TYPE, 2025-2033 ($MILLION)
  • TABLE 101. UAE LIGHT RAIL, BY APPLICATION, 2025-2033 ($MILLION)
  • TABLE 102. ARGENTINA LIGHT RAIL, BY COMPONENTS, 2025-2033 ($MILLION)
  • TABLE 103. ARGENTINA LIGHT RAIL, BY TYPE, 2025-2033 ($MILLION)
  • TABLE 104. ARGENTINA LIGHT RAIL, BY APPLICATION, 2025-2033 ($MILLION)
  • TABLE 105. REST OF LAMEA LIGHT RAIL, BY COMPONENTS, 2025-2033 ($MILLION)
  • TABLE 106. REST OF LAMEA LIGHT RAIL, BY TYPE, 2025-2033 ($MILLION)
  • TABLE 107. REST OF LAMEA LIGHT RAIL, BY APPLICATION, 2025-2033 ($MILLION)
  • TABLE 108. BOMBARDIER: KEY EXECUTIVES
  • TABLE 109. BOMBARDIER: COMPANY SNAPSHOT
  • TABLE 110. BOMBARDIER: OPERATING SEGMENTS
  • TABLE 111. BOMBARDIER: PRODUCT PORTFOLIO
  • TABLE 112. BOMBARDIER: KEY STRATEGIC MOVES AND DEVELOPMENTS
  • TABLE 113. ALSTOM: KEY EXECUTIVES
  • TABLE 114. ALSTOM: COMPANY SNAPSHOT
  • TABLE 115. ALSTOM: OPERATING SEGMENTS
  • TABLE 116. ALSTOM: PRODUCT PORTFOLIO
  • TABLE 117. ALSTOM: KEY STRATEGIC MOVES AND DEVELOPMENTS
  • TABLE 118. SIEMENS: KEY EXECUTIVES
  • TABLE 119. SIEMENS: COMPANY SNAPSHOT
  • TABLE 120. SIEMENS: OPERATING SEGMENTS
  • TABLE 121. SIEMENS: PRODUCT PORTFOLIO
  • TABLE 122. SIEMENS: KEY STRATEGIC MOVES AND DEVELOPMENTS
  • TABLE 123. MITSUBISHI: KEY EXECUTIVES
  • TABLE 124. MITSUBISHI: COMPANY SNAPSHOT
  • TABLE 125. MITSUBISHI: OPERATING SEGMENTS
  • TABLE 126. MITSUBISHI: PRODUCT PORTFOLIO
  • TABLE 127. MITSUBISHI: KEY STRATEGIC MOVES AND DEVELOPMENTS
  • TABLE 128. CRRC: KEY EXECUTIVES
  • TABLE 129. CRRC: COMPANY SNAPSHOT
  • TABLE 130. CRRC: OPERATING SEGMENTS
  • TABLE 131. CRRC: PRODUCT PORTFOLIO
  • TABLE 132. CRRC: KEY STRATEGIC MOVES AND DEVELOPMENTS
  • TABLE 133. PKC GROUP: KEY EXECUTIVES
  • TABLE 134. PKC GROUP: COMPANY SNAPSHOT
  • TABLE 135. PKC GROUP: OPERATING SEGMENTS
  • TABLE 136. PKC GROUP: PRODUCT PORTFOLIO
  • TABLE 137. PKC GROUP: KEY STRATEGIC MOVES AND DEVELOPMENTS
  • TABLE 138. PROGRESS RAIL SERVICES: KEY EXECUTIVES
  • TABLE 139. PROGRESS RAIL SERVICES: COMPANY SNAPSHOT
  • TABLE 140. PROGRESS RAIL SERVICES: OPERATING SEGMENTS
  • TABLE 141. PROGRESS RAIL SERVICES: PRODUCT PORTFOLIO
  • TABLE 142. PROGRESS RAIL SERVICES: KEY STRATEGIC MOVES AND DEVELOPMENTS
  • TABLE 143. PROMTRACTOR-VAGON CJSC: KEY EXECUTIVES
  • TABLE 144. PROMTRACTOR-VAGON CJSC: COMPANY SNAPSHOT
  • TABLE 145. PROMTRACTOR-VAGON CJSC: OPERATING SEGMENTS
  • TABLE 146. PROMTRACTOR-VAGON CJSC: PRODUCT PORTFOLIO
  • TABLE 147. PROMTRACTOR-VAGON CJSC: KEY STRATEGIC MOVES AND DEVELOPMENTS
  • TABLE 148. SCG SOLUTIONS: KEY EXECUTIVES
  • TABLE 149. SCG SOLUTIONS: COMPANY SNAPSHOT
  • TABLE 150. SCG SOLUTIONS: OPERATING SEGMENTS
  • TABLE 151. SCG SOLUTIONS: PRODUCT PORTFOLIO
  • TABLE 152. SCG SOLUTIONS: KEY STRATEGIC MOVES AND DEVELOPMENTS
  • TABLE 153. SINARA TRANSPORT MACHINES: KEY EXECUTIVES
  • TABLE 154. SINARA TRANSPORT MACHINES: COMPANY SNAPSHOT
  • TABLE 155. SINARA TRANSPORT MACHINES: OPERATING SEGMENTS
  • TABLE 156. SINARA TRANSPORT MACHINES: PRODUCT PORTFOLIO
  • TABLE 157. SINARA TRANSPORT MACHINES: KEY STRATEGIC MOVES AND DEVELOPMENTS

  • LIST OF FIGURES

  • FIGURE 1. GLOBAL LIGHT RAIL MARKET SEGMENTATION
  • FIGURE 2. GLOBAL LIGHT RAIL MARKET
  • FIGURE 3. SEGMENTATION LIGHT RAIL MARKET
  • FIGURE 4. TOP INVESTMENT POCKET IN LIGHT RAIL MARKET
  • FIGURE 5. MODERATE BARGAINING POWER OF BUYERS
  • FIGURE 6. MODERATE BARGAINING POWER OF SUPPLIERS
  • FIGURE 7. MODERATE THREAT OF NEW ENTRANTS
  • FIGURE 8. LOW THREAT OF SUBSTITUTION
  • FIGURE 9. HIGH COMPETITIVE RIVALRY
  • FIGURE 10. OPPORTUNITIES, RESTRAINTS AND DRIVERS: GLOBALLIGHT RAIL MARKET
  • FIGURE 11. LIGHT RAIL MARKET SEGMENTATION, BY BY COMPONENTS
  • FIGURE 12. LIGHT RAIL MARKET FOR PANTOGRAPH, BY COUNTRY, 2025-2033 ($MILLION)
  • FIGURE 13. LIGHT RAIL MARKET FOR AXLE, BY COUNTRY, 2025-2033 ($MILLION)
  • FIGURE 14. LIGHT RAIL MARKET FOR WHEELSET, BY COUNTRY, 2025-2033 ($MILLION)
  • FIGURE 15. LIGHT RAIL MARKET FOR TRACTION MOTOR, BY COUNTRY, 2025-2033 ($MILLION)
  • FIGURE 16. LIGHT RAIL MARKET FOR PASSENGER INFORMATION SYSTEM, BY COUNTRY, 2025-2033 ($MILLION)
  • FIGURE 17. LIGHT RAIL MARKET FOR AIR CONDITIONING SYSTEM, BY COUNTRY, 2025-2033 ($MILLION)
  • FIGURE 18. LIGHT RAIL MARKET SEGMENTATION, BY BY TYPE
  • FIGURE 19. LIGHT RAIL MARKET FOR LOCOMOTIVES, BY COUNTRY, 2025-2033 ($MILLION)
  • FIGURE 20. LIGHT RAIL MARKET FOR RAPID TRANSIT, BY COUNTRY, 2025-2033 ($MILLION)
  • FIGURE 21. LIGHT RAIL MARKET FOR WAGONS, BY COUNTRY, 2025-2033 ($MILLION)
  • FIGURE 22. LIGHT RAIL MARKET FOR COACHES, BY COUNTRY, 2025-2033 ($MILLION)
  • FIGURE 23. LIGHT RAIL MARKET SEGMENTATION, BY BY APPLICATION
  • FIGURE 24. LIGHT RAIL MARKET FOR PASSENGER TRANSPORTATION, BY COUNTRY, 2025-2033 ($MILLION)
  • FIGURE 25. LIGHT RAIL MARKET FOR FREIGHT TRANSPORTATION, BY COUNTRY, 2025-2033 ($MILLION)
  • FIGURE 26. TOP WINNING STRATEGIES, BY YEAR, 2022-2024*
  • FIGURE 27. TOP WINNING STRATEGIES, BY DEVELOPMENT, 2022-2024*
  • FIGURE 28. TOP WINNING STRATEGIES, BY COMPANY, 2022-2024*
  • FIGURE 29. PRODUCT MAPPING OF TOP 10 PLAYERS
  • FIGURE 30. COMPETITIVE DASHBOARD
  • FIGURE 31. COMPETITIVE HEATMAP: LIGHT RAIL MARKET
  • FIGURE 32. TOP PLAYER POSITIONING, 2024
  • FIGURE 33. BOMBARDIER: NET SALES, 2022-2024 ($MILLION)
  • FIGURE 34. BOMBARDIER: REVENUE SHARE, BY SEGMENT, 2024 (%)
  • FIGURE 35. BOMBARDIER: REVENUE SHARE, BY REGION, 2024 (%)
  • FIGURE 36. ALSTOM: NET SALES, 2022-2024 ($MILLION)
  • FIGURE 37. ALSTOM: REVENUE SHARE, BY SEGMENT, 2024 (%)
  • FIGURE 38. ALSTOM: REVENUE SHARE, BY REGION, 2024 (%)
  • FIGURE 39. SIEMENS: NET SALES, 2022-2024 ($MILLION)
  • FIGURE 40. SIEMENS: REVENUE SHARE, BY SEGMENT, 2024 (%)
  • FIGURE 41. SIEMENS: REVENUE SHARE, BY REGION, 2024 (%)
  • FIGURE 42. MITSUBISHI: NET SALES, 2022-2024 ($MILLION)
  • FIGURE 43. MITSUBISHI: REVENUE SHARE, BY SEGMENT, 2024 (%)
  • FIGURE 44. MITSUBISHI: REVENUE SHARE, BY REGION, 2024 (%)
  • FIGURE 45. CRRC: NET SALES, 2022-2024 ($MILLION)
  • FIGURE 46. CRRC: REVENUE SHARE, BY SEGMENT, 2024 (%)
  • FIGURE 47. CRRC: REVENUE SHARE, BY REGION, 2024 (%)
  • FIGURE 48. PKC GROUP: NET SALES, 2022-2024 ($MILLION)
  • FIGURE 49. PKC GROUP: REVENUE SHARE, BY SEGMENT, 2024 (%)
  • FIGURE 50. PKC GROUP: REVENUE SHARE, BY REGION, 2024 (%)
  • FIGURE 51. PROGRESS RAIL SERVICES: NET SALES, 2022-2024 ($MILLION)
  • FIGURE 52. PROGRESS RAIL SERVICES: REVENUE SHARE, BY SEGMENT, 2024 (%)
  • FIGURE 53. PROGRESS RAIL SERVICES: REVENUE SHARE, BY REGION, 2024 (%)
  • FIGURE 54. PROMTRACTOR-VAGON CJSC: NET SALES, 2022-2024 ($MILLION)
  • FIGURE 55. PROMTRACTOR-VAGON CJSC: REVENUE SHARE, BY SEGMENT, 2024 (%)
  • FIGURE 56. PROMTRACTOR-VAGON CJSC: REVENUE SHARE, BY REGION, 2024 (%)
  • FIGURE 57. SCG SOLUTIONS: NET SALES, 2022-2024 ($MILLION)
  • FIGURE 58. SCG SOLUTIONS: REVENUE SHARE, BY SEGMENT, 2024 (%)
  • FIGURE 59. SCG SOLUTIONS: REVENUE SHARE, BY REGION, 2024 (%)
  • FIGURE 60. SINARA TRANSPORT MACHINES: NET SALES, 2022-2024 ($MILLION)
  • FIGURE 61. SINARA TRANSPORT MACHINES: REVENUE SHARE, BY SEGMENT, 2024 (%)
  • FIGURE 62. SINARA TRANSPORT MACHINES: REVENUE SHARE, BY REGION, 2024 (%)

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