Train Lighting Market by Technology (Fluorescent, Halogen, LED, Xenon), Position, Rolling Stock (Diesel, Electric, DMU, EMU, Metros, Light Rail, Passenger & Freight Wagon), Application, Component & Region - Global Forecast to 2025

  • ID: 4495557
  • Report
  • Region: Global
  • 155 Pages
  • Markets and Markets
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The Train Lighting Market was Valued at USD 330.8 Million in 2017 and is Projected to Reach USD 370.8 Million By 2025, Growing at a CAGR Of 1.44%

FEATURED COMPANIES

  • Autolite
  • Dräxlmaier
  • Federal-Mogul
  • General Electric
  • Grupo Antolin
  • Hitachi
  • MORE

“Increasing demand for comfort & luxury features in rolling stock interiors, government mandates for train lighting, and increase in railway projects such as metro train, high-speed train, and refurbished train to boost the global train lighting market”

The major driving factors are the government mandates on lighting applications and infrastructural development for rail projects. These projects will increase the rolling stock use and hence the lighting demand. However, the limited demand for the rolling stock and government interventions in major countries are identified as the key factors hindering the growth of train lighting market.

“Main lights segment of the Train lighting market is estimated to show the fastest growth in terms of value”

Main lights segment is projected to grow at the fastest CAGR during the forecast period from 2017 to 2022. The growth is due to the increase in the demand for rolling stock across the countries. The main lights are mandated by the government to be installed in every rolling stock.

“By technology, LED lights are estimated to have the largest share in train lighting market”

LED technology is projected to have the largest share during the forecast period from 2017 to 2022. Railway associations around the globe are installing LED lights in trains because of its energy saving and environmental friendly benefits. Also, the LEDs are profoundly used in rolling stock such as metros DMU, EMU, and light rail. With the increase in demand for rolling stock, the market for LED lights is also projected to increase. The LEDs are also used in high-speed trains and the upcoming projects such as hyperloop as they are efficient in energy saving.

“Asia Oceania and Europe to dominate the train lighting market”

Asia Oceania and Europe are estimated to dominate the train lighting market during the forecast period. While Asia Oceania is estimated to be the largest market, Europe is estimated to be the fastest growing market during the forecast period. The Asia Oceania region comprises of emerging economies such as China and India along with developed nations such as Japan. The rail networks of China and India are among the biggest rail networks in the world. Generally, passenger trains are the mainly used mode of transportation in India, China, and South Korea; whereas, high-speed rail and metro train are the most preferred modes of transportation in Japan. Owing to the increase in usage of different types of rolling stock the lighting requirement differs which has propelled the market growth in this region. 

The market growth in Europe can be attributed to the availability of state-of-the-art technology, the presence of key OEMs, and increase in usage of high speed trains which will ultimately increase the application of train lights.

The study contains insights provided by various industry experts. The break-up of the primaries is as follows:

  • By Company Type:  Tier-1 - 70%, Tier-2 - 20%, and Train Operators/OEMs - 10%
  • By Designation: D level – 60%, C level - 25 % Other- 15%
  • By Region: Asia Oceania – 35%, North America - 30%, Europe - 20%, and RoW – 15%

Note: Tier 1 companies are lighting manufacturers, while Tier 2 are processed material suppliers and raw material suppliers
Note: Others includes managers and R&D engineers
Note: The company tiers are based on the value chain; the revenue of the company has been not considered

The key companies profiled in the study are as Toshiba (Japan), General Electric (US), Hitachi (Japan), Koito (Japan), Federal-Mogul (US), Osram (Germany), Grupo Antolin (Spain), Dräxlmaier (Germany), and Teknoware (Finland).

Research Coverage

The train lighting market is segmented By Rolling Stock Type (Diesel Locomotive, DMU, Electric Locomotive, EMU, Metro, Light Rail/Trams/Monorail, Passenger Coaches, Freight Wagon), By Position (Interior Train Lighting, Exterior Train Lighting), By Application (Cabin Lights, Door Lights, Emergency Lighting Systems, Reading Lights, Toilet Lights, Train Headlights, Train Indicator Lights, Train Led Spotlights, Train Main Lights, Marker Lights, Vestibule Lights, Other Train Lights), By Technology (Halogen, Xenon/HID, Fluorescent, LED), By Component (Alternator, Battery, Rectifier), By Region (Asia Oceania (China, India, Japan, South Korea), Europe (Germany, France, UK), North America (Canada, Mexico, US), RoW (Brazil, Russia).

Reasons to Buy the Report:

This report provides insights with reference to the following points:

  • Market Size, by technology: The report offers in-depth market sizing and forecast up to 10 years (2025), by technology such as Halogen, Xenon/HID, Fluorescent, and LED. The market sizing for technology is covered for all key countries; whereas, application chapter is covered at regional level.
  • The report offers lighting application required for rolling stock at regional level.
  • The report also covers the market by technology required for each application used for different rolling stock at country level
  • Market Development: The report provides comprehensive information about lucrative emerging markets for train lighting across regions.
  • Product Development/Innovation: The report gives detailed insights into R&D activities, upcoming technologies, and new product launches in the train lighting market.
  • Market Diversification: The report offers detailed information about untapped markets, investments, new products, and recent developments in the train lighting market.
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Autolite
  • Dräxlmaier
  • Federal-Mogul
  • General Electric
  • Grupo Antolin
  • Hitachi
  • MORE

1 Introduction 
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Years Considered for the Study
1.4 Currency
1.5 Package Size
1.6 Limitations
1.7 Stakeholders

2 Research Methodology 
2.1 Research Data
2.2 Secondary Data
2.2.1 Key Secondary Sources
2.2.2 Key Data From Secondary Sources
2.3 Primary Data
2.3.1 Sampling Techniques & Data Collection Methods
2.3.2 Primary Participants
2.4 Factor Analysis
2.4.1 Demand-Side Analysis
2.4.1.1 Increase in Rail Infrastructure
2.4.1.2 High-Speed Rail Linkage Between Major Countries
2.4.1.3 Increase in Rate of Urbanization
2.4.1.4 Introduction of High Speed Trains
2.4.1.5 Impact of Increase in Bullet Train Projects on Train Lighting Demand
2.4.1.6 Impact of High Speed Train Projects on Train Lighting
2.4.1.6.1 Maglev
2.4.1.6.2 Hyperloop
2.4.2 Supply-Side Analysis
2.4.2.1 Technological Advancement
2.5 Market Size Estimation
2.5.1 Bottom-Up Approach
2.6 Market Breakdown and Data Triangulation
2.7 Assumptions

3 Executive Summary 

4 Premium Insights 
4.1 Steady Growth Opportunities in the Train Lighting Market
4.2 Train Lighting Market, By Rolling Stock
4.3 Train Lighting Market, By Position
4.4 Train Lighting Market, By Application
4.5 Train Lighting Market, By Technology
4.6 Train Lighting Market, By Component
4.7 Train Lighting Market, By Country
4.8 Train Lighting Market, By Region

5 Market Overview 
5.1 Introduction
5.1.1 Drivers
5.1.1.1 Train Lighting Regulation to Boost the Demand for Lighting Units/System
5.1.1.2 Increasing Demand for Comfort & Luxury to Drive the Market for Advanced Train Lighting Applications
5.1.2 Restraints
5.1.2.1 Limited OE Potential to Restrain the Growth of Train Lighting
5.1.2.1.1 Limited Rolling Stock Production to Hinder the Train Lighting Business
5.1.2.1.2 Government-Regularized Rail Industry in Key Countries
5.1.3 Opportunities
5.1.3.1 Future of Mobility
5.1.3.1.1 Advancement in Rolling Stock to Increase the Demand for Train Lighting Solutions
5.1.3.1.2 Advanced Lighting Solutions to Offer A New Business Avenue for Lighting Manufacturers
5.1.4 Challenges
5.1.4.1 Lack of Standardization and High Production Cost are Major Challenges for Manufacturers

6 Train Lighting Market, By Rolling Stock Type 
Note - The Chapter is Further Segmented at Regional Level and Considered Regions are Asia Oceania, Europe, North America, and RoW
6.1 Introduction
6.2 Diesel Locomotive
6.3 DMU
6.4 Electric Locomotive
6.5 EMU
6.6 Metro
6.7 Light Rail/Trams/Monorail
6.8 Passenger Coaches
6.9 Freight Wagon

7 Train Lighting Market, By Position 
Note - The Chapter is Further Segmented at Regional Level and Considered Regions are Asia Oceania, Europe, North America, and RoW
7.1 Introduction
7.2 Interior Train Lighting
7.3 Exterior Train Lighting

8 Train Lighting Market, By Application 
Note - The Chapter is Further Segmented at Regional Level and Considered Regions are Asia Oceania, Europe, North America, and RoW
8.1 Introduction
8.2 Cabin Lights
8.3 Door Lights
8.4 Emergency Lighting Systems
8.5 Reading Lights
8.6 Toilet Lights
8.7 Train Headlights
8.8 Train Indicator Lights
8.9 Train LED Spotlights
8.10 Train Main Lights
8.11 Marker Lights
8.12 Vestibule Lights
8.13 Other Train Lights

9 Train Lighting Market, By Technology 
Note - The Chapter is Further Segmented at Regional Level and Considered Regions are Asia Oceania, Europe, North America, and RoW
9.1 Introduction
9.2 Halogen
9.3 Xenon/HID
9.4 Fluorescent
9.5 LED

10 Train Lighting Market, By Component 
Note - The Chapter is Further Segmented at Regional Level and Considered Regions are Asia Oceania, Europe, North America, and RoW
10.1 Introduction
10.2 Alternator
10.3 Battery
10.4 Rectifier

11 Train Lighting Market, By Region 
Note - The Chapter is Further Segmented By Technology and Considered Technologies are Halogen, Xenon/HID, Fluorescent, LED
11.1 Introduction
11.2 Asia Oceania
11.2.1 China
11.2.2 India
11.2.3 Japan
11.2.4 South Korea
11.3 Europe
11.3.1 Germany
11.3.2 France
11.3.3 UK
11.4 North America
11.4.1 Canada
11.4.2 Mexico
11.4.3 US
11.5 RoW
11.5.1 Brazil
11.5.2 Russia

12 Competitive Landscape 
12.1 Introduction
12.2 Market Ranking Analysis
12.3 Competitive Scenario
12.4 Recent Developments

13 Company Profiles 
(Business Overview, Products Offered, Recent Developments, SWOT Analysis & MnM View)*
13.1 Introduction
13.2 Toshiba
13.3 General Electric
13.4 Hitachi
13.5 Koito
13.6 Federal-Mogul
13.7 Osram
13.8 Grupo Antolin
13.9 Dräxlmaier
13.10 Teknoware
13.11 Autolite
*Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis & MnM View Might Not Be Captured in Case of Unlisted Companies.

14 Appendix 
14.1 Key Industry Insights
14.2 Discussion Guide
14.3 Knowledge Store: Subscription Portal
14.4 Introducing RT: Real Time Market Intelligence
14.5 Available Customizations
14.5.1 Train Lighting Application Market, By Technology & Country
Note - The Chapter is Further Segmented at Country Level and Considered Countries are Asia Oceania (China, India, Japan, South Korea, Europe (Germany, France, UK), North America (US, Canada, Mexico), and RoW (Brazil, Russia)
14.5.1.1 Halogen
14.5.1.2 Xenon/HID
14.5.1.3 Fluorescent
14.5.1.4 LED
14.5.2 Train Lighting Market, By Application & Country
Note - The Chapter is Further Segmented at Country Level and Considered Countries are Asia Oceania (China, India, Japan, South Korea, Europe (Germany, France, UK), North America (US, Canada, Mexico), and RoW (Brazil, Russia)
14.5.2.1 Cabin Lights
14.5.2.2 Door Lights
14.5.2.3 Emergency Lighting System
14.5.2.4 Other Train Lights
14.5.2.5 Reading Lights
14.5.2.6 Toilet Lights
14.5.2.7 Train Headlights
14.5.2.8 Train Indicator Lights
14.5.2.9 Train LED Spotlights
14.5.2.10 Train Main Lights
14.5.2.11 Train Marker Lights
14.5.2.12 Vestibule Lights
14.5.3 Train Lighting Market By Rolling Stock & Country
Note - The Chapter is Further Segmented at Country Level and Considered Countries are Asia Oceania (China, India, Japan, South Korea, Europe (Germany, France, UK), North America (US, Canada, Mexico), and RoW (Brazil, Russia)
14.5.3.1 Diesel Locomotive
14.5.3.2 DMU
14.5.3.3 Electric Locomotive
14.5.3.4 EMU
14.5.3.5 Metros
14.5.3.6 Light Rail/Trams/Monorail
14.5.3.7 Passenger Coaches
14.5.3.8 Freight Wagon
14.5.4 Train Lighting Market By Component & Country
Note - The Chapter is Further Segmented at Country Level and Considered Countries are Asia Oceania (China, India, Japan, South Korea, Europe (Germany, France, UK), North America (US, Canada, Mexico), and RoW (Brazil, Russia)
14.5.4.1 Alternator
14.5.4.2 Battery
14.5.4.3 Rectifier
14.6 Related Reports
14.7 Author Details

List of Tables (110 Tables)
Table 1 Currency Exchange Rates (W.R.T. USD)
Table 2 Investments in Rail Infrastructure & Surge, By Key Country
Table 3 Functional High-Speed Trains Between European Countries
Table 4 Proposed Maglev High Speed Train Projects in Key Countries
Table 5 Proposed Hyperloop High Speed Train Projects in Key Countries
Table 6 Train Lighting Regulations, By Key Country
Table 7 Regularized Rail Authority, By Country
Table 8 Train Lighting Market, By Rolling Stock Type, 2015–2025 (‘000 Units)
Table 9 Train Lighting Market, By Rolling Stock Type, 2015–2025 (USD Million)
Table 10 Diesel Locomotive: Train Lighting Market, By Region, 2015–2025 (‘000 Units)
Table 11 Diesel Locomotive: Train Lighting Market, By Region, 2015–2025 (USD Million)
Table 12 DMU: Train Lighting Market, By Region, 2015–2025 (‘000 Units)
Table 13 DMU: Train Lighting Market, By Region, 2015–2025 (USD Million)
Table 14 Electric Locomotive: Train Lighting Market, By Region, 2015–2025 (‘000 Units)
Table 15 Electric Locomotive: Train Lighting Market, By Region, 2015–2025 (USD Million)
Table 16 EMU: Train Lighting Market, By Region, 2015–2025 (‘000 Units)
Table 17 EMU: Train Lighting Market, By Region, 2015–2025 (USD Million)
Table 18 Metro: Train Lighting Market, By Region, 2015–2025 (‘000 Units)
Table 19 Metro: Train Lighting Market, By Region, 2015–2025 (USD Million)
Table 20 Light Rail/Trams/Monorail: Train Lighting Market, By Region, 2015–2025 (‘000 Units)
Table 21 Light Rail/Trams/Monorail: Train Lighting Market, By Region, 2015–2025 (USD Million)
Table 22 Passenger Coach: Train Lighting Market, By Region, 2015–2025 (‘000 Units)
Table 23 Passenger Coach: Train Lighting Market, By Region, 2015–2025 (USD Million)
Table 24 Freight Wagon: Train Lighting Market, By Region, 2015–2025 (‘000 Units)
Table 25 Freight Wagon: Train Lighting Market, By Region, 2015–2025 (USD Million)
Table 26 Train Lighting Market, By Position, 2015–2025 (‘000 Units)
Table 27 Train Lighting Market, By Position, 2015–2025 (USD Million)
Table 28 Interior: Train Lighting Market, By Region, 2015–2025 (‘000 Units)
Table 29 Interior: Train Lighting Market, By Region, 2015–2025 (USD Million)
Table 30 Exterior: Train Lighting Market, By Region, 2015–2025 (‘000 Units)
Table 31 Exterior: Train Lighting Market, By Region, 2015–2025 (USD Million)
Table 32 Train Lighting Market, By Application, 2015–2025 (’000 Units)
Table 33 Train Lighting Market, By Application, 2015–2025 (USD Million)
Table 34 Cabin Lights: Train Lighting Market, By Region, 2015–2025 (’000 Units)
Table 35 Cabin Lights: Train Lighting Market, By Region, 2015–2025 (USD Million)
Table 36 Door Lights: Train Lighting Market, By Region, 2015–2025 (’000 Units)
Table 37 Door Lights: Train Lighting Market, By Region, 2015–2025 (USD Million)
Table 38 Emergency Lighting Systems: Train Lighting Market, By Region, 2015–2025 (’000 Units)
Table 39 Emergency Lighting Systems: Train Lighting Market, By Region, 2015–2025 (USD Million)
Table 40 Reading Lights: Train Lighting Market, By Region, 2015–2025 (’000 Units)
Table 41 Reading Lights: Train Lighting Market, By Region, 2015–2025 (USD Million)
Table 42 Toilet Lights: Train Lighting Market, By Region, 2015–2025 (’000 Units)
Table 43 Toilet Lights: Train Lighting Market, By Region, 2015–2025 (USD Million)
Table 44 Train Headlights: Train Lighting Market, By Region, 2015–2025 (’000 Units)
Table 45 Train Headlights: Train Lighting Market, By Region, 2015–2025 (USD Million)
Table 46 Train Indicator Lights: Train Lighting Market, By Region, 2015–2025 (’000 Units)
Table 47 Train Indicator Lights: Train Lighting Market, By Region, 2015–2025 (USD Million)
Table 48 Train LED Spotlights: Train Lighting Market, By Region, 2015–2025 (’000 Units)
Table 49 Train LED Spotlights: Train Lighting Market, By Region, 2015–2025 (USD Million)
Table 50 Train Main Lighting: Train Lighting Market, By Region, 2015–2025 (’000 Units)
Table 51 Train Main Lighting: Train Lighting Market, By Region, 2015–2025 (USD Million)
Table 52 Marker Lights: Train Lighting Market, By Region, 2015–2025 (’000 Units)
Table 53 Marker Lights: Train Lighting Market, By Region, 2015–2025 (USD Million)
Table 54 Vestibule Lights: Train Lighting Market, By Region, 2015–2025 (’000 Units)
Table 55 Vestibule Lights: Train Lighting Market, By Region, 2015–2025 (USD Million)
Table 56 Other Train Lights: Train Lighting Market, By Region, 2015–2025 (’000 Units)
Table 57 Other Train Lights: Train Lighting Market, By Region, 2015–2025 (USD Million)
Table 58 Train Lighting Market, By Technology, 2015–2025 (‘000 Units)
Table 59 Train Lighting Market, By Technology, 2015–2025 (USD Million)
Table 60 Halogen: Train Lighting Market, By Region, 2015–2025 (‘000 Units)
Table 61 Halogen: Train Lighting Market, By Region, 2015–2025 (USD Million)
Table 62 Xenon/HID: Train Lighting Market, By Region, 2015–2025 (‘000 Units)
Table 63 Xenon/HID: Train Lighting Market, By Region, 2015–2025 (USD Million)
Table 64 Fluorescent: Train Lighting Market, By Region, 2015–2025 (‘000 Units)
Table 65 Fluorescent: Train Lighting Market, By Region, 2015–2025 (USD Million)
Table 66 LED: Train Lighting Market, By Region, 2015–2025 (‘000 Units)
Table 67 LED: Train Lighting Market, By Region, 2015–2025 (USD Million)
Table 68 Train Lighting Market, By Component, 2015–2025 (’000 Units)
Table 69 Train Lighting Market, By Component, 2015–2025 (USD Million)
Table 70 Alternator: Train Lighting Market, By Region, 2015–2025 (’000 Units)
Table 71 Alternator: Train Lighting Market, By Region, 2015–2025 (USD Million)
Table 72 Battery: Train Lighting Market, By Region, 2015–2025 (’000 Units)
Table 73 Battery: Train Lighting Market, By Region, 2015–2025 (USD Million)
Table 74 Rectifier: Train Lighting Market, By Region, 2015–2025 (’000 Units)
Table 75 Rectifier: Train Lighting Market, By Region, 2015–2025 (USD Million)
Table 76 Train Lighting Market, By Region, 2015–2025 (000' Units)
Table 77 Train Lighting Market, By Region, 2015–2025 (USD Million)
Table 78 Asia Oceania: Train Lighting Market, By Country, 2015–2025 (‘000 Units)
Table 79 Asia Oceania: Train Lighting Market, By Country, 2015–2025 (USD Million)
Table 80 China: Train Lighting Market, By Technology, 2015–2025 (‘000 Units)
Table 81 China: Train Lighting Market, By Technology, 2015–2025 (USD Million)
Table 82 India: Train Lighting Market, By Technology, 2015–2025 (‘000 Units)
Table 83 India: Train Lighting Market, By Technology, 2015–2025 (USD Million)
Table 84 Japan: Train Lighting Market, By Technology, 2015–2025 (‘000 Units)
Table 85 Japan: Train Lighting Market, By Technology, 2015–2025 (USD Million)
Table 86 South Korea: Train Lighting Market, By Technology, 2015–2025 (‘000 Units)
Table 87 South Korea: Train Lighting Market, By Technology, 2015–2025 (USD Million)
Table 88 Europe: Train Lighting Market, By Country, 2015–2025 (‘000 Units)
Table 89 Europe: Train Lighting Market, By Country, 2015–2025 (USD Million)
Table 90 Germany: Train Lighting Market, By Technology, 2015–2025 (‘000 Units)
Table 91 Germany: Train Lighting Market, By Technology, 2015–2025 (USD Million)
Table 92 France: Train Lighting Market, By Technology, 2015–2025 (‘000 Units)
Table 93 France: Train Lighting Market, By Technology, 2015–2025 (USD Million)
Table 94 UK: Train Lighting Market, By Technology, 2015–2025 (‘000 Units)
Table 95 UK: Train Lighting Market, By Technology, 2015–2025 (USD Million)
Table 96 North America: Train Lighting Market, By Country, 2015–2025 (‘000 Units)
Table 97 North America: Train Lighting Market, By Country, 2015–2025 (USD Million)
Table 98 Canada: Train Lighting Market, By Technology, 2015–2025 (‘000 Units)
Table 99 Canada: Train Lighting Market, By Technology, 2015–2025 (USD Million)
Table 100 Mexico: Train Lighting Market, By Technology, 2015–2025 (‘000 Units)
Table 101 Mexico: Train Lighting Market, By Technology, 2015–2025 (USD Million)
Table 102 US: Train Lighting Market, By Technology, 2015–2025 (‘000 Units)
Table 103 US: Train Lighting Market, By Technology, 2015–2025 (USD Million)
Table 104 RoW: Train Lighting Market, By Country, 2015–2025 (‘000 Units)
Table 105 RoW: Train Lighting Market, By Country, 2015–2025 (USD Million)
Table 106 Brazil: Train Lighting Market, By Technology, 2015–2025 (‘000 Units)
Table 107 Brazil: Train Lighting Market, By Technology, 2015–2025 (USD Million)
Table 108 Russia: Train Lighting Market, By Technology, 2015–2025 (‘000 Units)
Table 109 Russia: Train Lighting Market, By Technology, 2015–2025 (USD Million)
Table 110 Recent Developments, 2015-2017

List of Figures (46 Figures)
Figure 1 Train Lighting Market: Market Segmentation
Figure 2 Train Lighting Market: Research Design
Figure 3 Research Design Model
Figure 4 Breakdown of Primary Interviews
Figure 5 Railway Infrastructure Investment for Key Countries From 2010–2015 (USD Billion)
Figure 6 Introduction of High Speed Train Will Impact Train Lighting Market
Figure 7 Train Lighting Market: Bottom-Up Approach
Figure 8 Data Triangulation
Figure 9 Train Lighting Market Overview, 2017–2025
Figure 10 Train Lighting Market, By Rolling Stock, 2015–2025 (USD Million)
Figure 11 Train Lighting Market, By Position, 2015–2025 (USD Million)
Figure 12 Train Lighting Market, By Application, 2015–2025
Figure 13 Train Lighting Market, By Technology, 2017–2025 (USD Million)
Figure 14 Train Lighting Market, By Component, 2017–2025 (USD Million)
Figure 15 Train Lighting Market, By Country, 2017–2025 (USD Million)
Figure 16 Increasing Demand for Comfort & Safety Features Inside Rolling Stock Interiors to Drive the Train Lighting Market During the Forecast Period
Figure 17 Freight Wagon & EMU are Estimated to Hold More Than 60% Market Share of Train Lighting Market, 2017 (USD Million)
Figure 18 Interior Lighting Segment is Estimated to Dominate the Train Lighting Market, 2017–2025 (USD Million)
Figure 19 Train Marker Lights are Estimated to Hold the Largest Market Share From 2015 to 2025 (USD Million)
Figure 20 LED is Estimated to Be the Largest and Fastest Growing Market, By Technology, 2017–2025 (USD Million)
Figure 21 Rectifier is Estimated to Witness the Highest Growth in the Train Lighting Market, 2017–2025 (USD Billion)
Figure 22 South Korea is Estimated to Witness the Fastest Growth in the Train Lighting Market, 2017–2025
Figure 23 Asia Oceania is Estimated to Have the Largest Share of the Train Lighting Market, 2017–2025 (USD Million)
Figure 24 Train Lighting: Market Dynamics
Figure 25 Train Lighting Market, By Rolling Stock Type, 2015–2025 (USD Million)
Figure 26 Train Lighting Market, By Position, 2015–2025 (USD Million)
Figure 27 Train Lighting Market, By Application, 2015–2025 (USD Million)
Figure 28 Train Lighting Market, By Technology, 2015–2025 (USD Million)
Figure 29 Train Lighting Market, By Component, 2015–2025 (USD Million)
Figure 30 Train Lighting Market, By Country, 2015–2025 (USD Million)
Figure 31 Asia Oceania: Train Lighting Market Snapshot
Figure 32 Europe: Train Lighting Market, By Country, 2015–2025 (USD Million)
Figure 33 Train Lighting Market Ranking: 2017
Figure 34 Companies Adopted Expansion and Supply Contract as A Key Growth Strategy
Figure 35 Toshiba: Company Snapshot
Figure 36 Toshiba: SWOT Analysis
Figure 37 General Electric: Company Snapshot
Figure 38 General Electric: SWOT Analysis
Figure 39 Hitachi: Company Snapshot
Figure 40 Hitachi: SWOT Analysis
Figure 41 Koito: Company Snapshot
Figure 42 Koito: SWOT Analysis
Figure 43 Federal-Mogul: Company Snapshot
Figure 44 Federal Mogul: SWOT Analysis
Figure 45 Osram: Company Snapshot
Figure 46 Grupo Antolin: Company Snapshot

Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Autolite
  • Dräxlmaier
  • Federal-Mogul
  • General Electric
  • Grupo Antolin
  • Hitachi
  • MORE

The train lighting market was valued at USD 330.8 Million in 2017 and is projected to reach USD 370.8 Million by 2025, growing at a CAGR of 1.44% during the forecast period. This growth can be attributed to the increasing demand for comfort & luxury features in rolling stock interiors; government mandates for lighting applications; and increase in different railway projects such as metro train, high-speed train, and refurbished train.

The study segments the market based on rolling stock (Diesel Locomotive, DMU, Electric Locomotive, EMU, Metro, Light Rail/Trams/Monorail, Passenger Coaches, and Freight Wagon). The market for freight wagon is projected to have the largest market; whereas, DMU is estimated to be the fastest growing market. The growing demand for public transport in urban areas is driving the growth of the rail industry. In earlier times, the urban transportation depended on DMU/EMU, which were equipped with basic lighting solutions. With the advent of technology and infrastructural development, the use of metros and monorails has increased. Lighting used in these new era trains is energy saving and gives better illumination than usual fluorescent lights

The study segments train lighting market by position, where interior lighting market is projected to grow as the largest market. Train interior lighting includes applications such as vestibule lights, door lights, emergency lights, bathroom lights, main lights, spot lights, and reading lights. The number of lights in the interior is higher in high-speed train and passenger train compared to trains such as metro, mono, and freight train. High-speed trains have many interior lights in the restaurant and dining area for enhancing aesthetics and luxury.

The study segments the train lighting market by various interior & exterior applications Cabin Lights, Door Lights, Emergency Lighting Systems, Reading Lights, Toilet Lights, Train Headlights, Train Indicator Lights, Train Led Spotlights, Train Main Lights, Marker Lights, Vestibule Lights, and other Train Lights. Train marker lights are estimated to have the largest market during the forecast period. The marker lights are mandated by the government and are installed in every rolling stock. Thus, the growth of this segment is directly proportional to the demand for the rolling stock.

The train lighting market is also segmented on the basis of technology used as Halogen, Xenon/HID, Fluorescent, and LED. LED is expected to be the fastest growing market and to have the largest market share. The growth can have attributed to the energy-saving capacity of LED and the increasing number of train lighting applications. The railway associations around the globe have started installing LED lights in train interior and exterior.

The study segments the train lighting market based on component used as Alternator, Battery, and Rectifier. Rectifier is estimated to have the largest market in terms of value during the forecast period. Rectifier is used to convert the flow of current as per the requirement and is an essential component required in each rolling stock.

Europe is estimated to be the fastest growing market, in terms of value, for train lighting. The train lighting market of Europe would be driven by the increasing proposals of high-speed train projects. The emergence of high-speed train as the major mode of rail transportation in Europe will drive the train lighting market in the region.

On the other hand, the major factors hindering the growth of the train lighting market are the limited demand for the rolling stock and government interventions in major countries.

Train lighting manufacturers have adopted supply contract and geographical expansion as major strategies to gain traction in the train lighting market. The key market players include Toshiba (Japan), General Electric (US), Hitachi (Japan), Koito (Japan), Federal-Mogul (US), Osram (Germany), Grupo Antolin (Spain), Dräxlmaier (Germany), and Teknoware (Finland).

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  • Autolite
  • Dräxlmaier
  • Federal-Mogul
  • General Electric
  • Grupo Antolin
  • Hitachi
  • Koito
  • Osram
  • Teknoware
  • Toshiba
Note: Product cover images may vary from those shown
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