Report overview
Light rail vehicle is considered as an efficient means of public transport, and is significantly contributing in reshaping the future of urban transportation. Light rail vehicles provide passenger service within or around the urban areas. Light rail vehicles are similar to that of a tramway but differ slightly in capacity.
This report aims to provide a comprehensive presentation of the global market for Light Rail Vehicle, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Light Rail Vehicle. This report contains market size and forecasts of Light Rail Vehicle in global, including the following market information:
Global Light Rail Vehicle Market Revenue, 2018-2023, 2024-2030, ($ millions)
Global Light Rail Vehicle Market Sales, 2018-2023, 2024-2030, (Units)
Global top five Light Rail Vehicle companies in 2022 (%)
The global Light Rail Vehicle market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Light rail vehicles have recently gained significant opportunities due to their lower capital costs and increased reliability as compared to heavy rail system. Light rail vehicle are being seen as an environment-friendly alternative for means of transport. Improved passenger comfort as well as enhanced environmental control is expected to drive the demand for light rail vehicles in the urban regions. Therefore, the market for light rail vehicle is expected to witness significant demand during the forecast period.
We surveyed the Light Rail Vehicle manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Light Rail Vehicle Market, by Type, 2018-2023, 2024-2030 ($ Millions) & (Units)
Global Light Rail Vehicle Market Segment Percentages, by Type, 2022 (%)
Lower Capacity
Higher Capacity
Global Light Rail Vehicle Market, by Application, 2018-2023, 2024-2030 ($ Millions) & (Units)
Global Light Rail Vehicle Market Segment Percentages, by Application, 2022 (%)
Inner City Light Rail Vehicle
Interconnecting Cities
Global Light Rail Vehicle Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions) & (Units)
Global Light Rail Vehicle Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Light Rail Vehicle revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Light Rail Vehicle revenues share in global market, 2022 (%)
Key companies Light Rail Vehicle sales in global market, 2018-2023 (Estimated), (Units)
Key companies Light Rail Vehicle sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Bombardier
Alstom
Siemens
Knorr-Bremse
Mitsubishi
CRRC
PKC Group
Progress Rail Services
Promtractor-Vagon CJSC
SCG Solutions
Sinara Transport Machines
Skoda Transportation
Construcciones Y Auxiliar De Ferrocarriles SA (CAF)
Outline of Major Chapters:
Chapter 1: Introduces the definition of Light Rail Vehicle, market overview.
Chapter 2: Global Light Rail Vehicle market size in revenue and volume.
Chapter 3: Detailed analysis of Light Rail Vehicle manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Light Rail Vehicle in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Light Rail Vehicle capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
