Quick Summary:
As a senior executive, it's crucial to keep abreast of industry changes and make informed decisions. One market trend that demands your attention is in the Global Light Rail Market, which is currently valued at US$9.6 Billion and projected to grow significantly to reach US$13.5 Billion by the year 2030.
Our thoroughly researched report not only provides an in-depth analysis of this burgeoning market, but also offers insights into diverse geographic markets, including the U.S., China, Japan, Canada and Germany, and their respective growth rates. It also includes comprehensive coverage of select competitors including Siemens AG, Mitsubishi Electric Coporation, and Alstom Group among others. With special features such as online interactive peer-to-peer collaborative bespoke updates and access to digital archives and our research platform, this report is an invaluable tool for anyone looking to gain a competitive edge in the global Light Rail market. Your purchase also entitles you to complimentary updates for one year, ensuring you stay ahead of industry trends.
Global Light Rail Market to Reach $13.5 Billion by 2030
The global market for Light Rail estimated at US$9.6 Billion in the year 2022, is projected to reach a revised size of US$13.5 Billion by 2030, growing at a CAGR of 4.3% over the analysis period 2022-2030.
The U.S. Market is Estimated at $2.6 Billion, While China is Forecast to Grow at 7.2% CAGR
The Light Rail market in the U.S. is estimated at US$2.6 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$2.8 Billion by the year 2030 trailing a CAGR of 7.2% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.2% and 3.5% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 2.8% CAGR.Select Competitors (Total 12 Featured) -
- 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
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
What is the estimated value of the Global Market for Light Rail?
What is the growth rate of the Global Market for Light Rail?
What is the forecasted size of the Global Market for Light Rail?
Who are the key companies in the Global Market for Light Rail?
| Report Attribute | Details |
|---|---|
| No. of Pages | 107 |
| Published | December 2023 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 9.6 Billion |
| Forecasted Market Value ( USD | $ 13.5 Billion |
| Compound Annual Growth Rate | 4.4% |
| Regions Covered | Global |
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- 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
