Global Light Rail Market Size is estimated to expand rapidly in coming years, at a CAGR of 8.1 % from 2018 to 2025. In 2017, the global market valuation was USD 0.95 billion, and it is anticipated to be greater than USD xx.xx billion by 2025. Light rail is a type of urban rail transport using a tram-like rolling stock, but running at a greater capability and often on a right-of-way exclusive. Some light rail networks appear to have features nearer to fast transportation or even commuter rail; some of these stronger fast transit-like structures are called light meters. Other light rail networks are in essence tram-like and function partly on the roads. Geographically, Europe region is expected to be the highest growing region in the global market of light rail.

Global Market Growth Opportunities (Revenue, Growth) By 2017-2025

This global market study report analysis offers in-depth insights, revenue details, and other vital information regarding the global light rail market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2025. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global light rail market report has been segmented on the basis of type, application, and region. It includes the estimation of the market size, in terms of value, with respect to 4 main geographies, namely, North America, Europe, APAC, and RoW.

Segment Analysis

By Type Insights: On the basis of type, global light rail market has been segmented into low capacity light rail, high capacity light rail. Among which high capacity light rail segment has accounted for the largest share in the global market. High-capacity transportation is defined by more travelers using bigger cars and/or more frequent delivery than a conventional fixed-route bus scheme. High-capacity transportation can work on exclusive right-of-way tracks such as a railway line or devoted bus, or on current mixed-traffic roads. The primary objective of high-capacity transportation is to provide a greater amount of travelers with quicker, more efficient and more efficient delivery.

By Application Insights: On the basis of application, the global light rail market has been segmented into intra-city transport, inter-city transport. Among which intra-city transportation segment has accounted for the largest share in the global market of light rail.

Regional Analysis

The light rail market is divided into regions that are North America - U.S, Canada, Other; Asia-Pacific -India, Japan, China, Australia, Other; Europe - UK, Russia, France, Brazil, Other; Middle East and Africa. Every region analysis details in sense of growth, revenue, volume, challenges, and opportunities with the regional and global key players. The European area presently dominates the worldwide heavy transport industry and is expected to develop over the projected era at a constant CAGR. Western Europe is the biggest source of income in this region, accompanied by Eastern Europe and CIS. The latest rise in the amount of transport infrastructure initiatives across nations such as France, Sweden, the United Kingdom, and Germany will lead to the powerful development of this European industry. Factors such as the existence of significant transport vendor suppliers in this region, such as Alstom, Siemens, and Standler, will also contribute to this market's development over the coming years.

In spite of infrastructure expenditure, Asia-Pacific has the greatest capacity for developing fresh railway tracks. This development is driven by increased housing needs in metropolitan areas and increased automotive manufacturing, resulting in traffic congestion. North America is expected to witness high growth in upcoming time span due to high demand in transportation. Moreover, this growing demand of light rails from the North American region is owing to the increased urbanization, elevated metropolitan population growth, and country rail privatization.

Global Light Rail Market Size, Share Analysis by Region 2017

Global Light Rail Market Study Objective

1. To forecast the market size of light rail market, along with describing and defining the market, in terms of volume and revenue as well as market opportunities for stakeholders, in order to provide a competitive landscape for global market players.

2. Market analysis and forecast of light rail market on the basis of region, substrate, and application or end-use industry. To profile major market players, and to analyze their market shares and essential competencies comprehensively.

3. To analyze and elaborate significant factors that will have a major impact on the growth of light rail market, such as drivers, restraints, challenges, and opportunities.

4. The regional analysis of light rail market, to induce market size of five global major regions, which include, Europe, North America, South America, Middle East & Africa, and the Asia Pacific.

5. Strategic analysis of micro-markets, in terms of individual prospects, opportunities, growth trends and their involvement in the overall market.

6. To provide detailed analysis of competitive and strategic developments in the light rail market like a new product launch, partnership & agreement, investment & expansion, and company merger & acquisitions.

Key Players Landscape

AmstedMaxion, Astra Rail, Azovobeshemash, Bradken, Cyient, DCD Rail, Downer Rail, éolane, FreightCar America, Hitachi Rail Europe, Japan Transport Engineering Company, JSC Dneprovagonmash, JSC Kryukovsky Railway Car Building Works, JSC Zavod Metallokonstruktsy, Kinki Sharyo, National Steel Car, Newag, Nippon Sharyo, OJSC Altaivagon, PESA Bydgoszcz SA, PKC Group, Progress Rail Services, Promtractor-Vaton CJSC, SGC Solutions, Sinara Transport Machines, Skoda Transportation, Stadler Rail Group, Talgo, Tratavagonka Poprad, The Greenbrier Companies, Trinity Industries, Vossloh Group, and Wabtec Corporation are some of the key players in the market of light rail.

Global Light Rail Market Study Report Offer You!

The global light rail market study report gives an idea about market size, share, stock, equity, investment and total price analysis. Also, the report provides comprehensively industry insights with all major factors such as market credit, allocation, demand, distribution, market scope, key players, end-user & applications, provisions, livestock, commodities and industry economics analysis, future growth & forecast. The global market report includes all depth data like pre-market emphasis, market survey, market investment, industry advice, portfolio, finance, access, trade, market exploration, industry review and market predication & projection to develop effective strategies for optimizing their market position.