Global Light Rail Industry

Global Light Rail Industry

  • October 2019 •
  • 115 pages •
  • Report ID: 5817918 •
  • Format: PDF
Light Rail market worldwide is projected to grow by US$3 Billion, driven by a compounded growth of 4.6%. Light Rail, one of the segments analyzed and sized in this study, displays the potential to grow at over 4.6%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$11.3 Billion by the year 2025, Light Rail will bring in healthy gains adding significant momentum to global growth.

- Representing the developed world, the United States will maintain a 3.6% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$107.7 Million to the region’s size and clout in the next 5 to 6 years. Over US$88.1 Million worth of projected demand in the region will come from Rest of Europe markets. In Japan, Light Rail will reach a market size of US$674.1 Million by the close of the analysis period. As the world’s second largest economy and the new game changer in global markets, China exhibits the potential to grow at 7.3% over the next couple of years and add approximately US$877.8 Million in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders. Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific, Latin America and the Middle East. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.

- Competitors identified in this market include among others, Siemens AG; Mitsubishi Electric Coporation; Bombardier Inc.; Trinity Industries, Inc.; Alstom Group; The Greenbrier Companies; PKC Group; Wabtec Corporation; Nippon Sharyo, Ltd.; Vossloh AG; CAF, Construcciones y Auxiliar de Ferrocarriles, S.A.; Talgo; Cyient Ltd.; FreightCar America, Inc.; The Kinki Sharyo Co., Ltd. ; CRRC Corporation Limited; Sinara-Transport Machines; Bradken Pty Limited;