Global Train Lighting Market Size By Light Type (Fluorescent, Halogen, LED), By Position (Interior, Exterior), By Rolling Stock (Diesel, Electric, DMU), By Geographic Scope And Forecast
Published Date: August - 2024 | Publisher: MIR | No of Pages: 320 | Industry: latest updates trending Report | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationTrain Lighting Market Size And Forecast
Train Lighting Market size was valued at USD 375.4 Million in 2022 and is projected to reach USD 436.4 Million by 2030, growing at a CAGR of 1.9% from 2023 to 2030.
The increasing population in major cities is the main element fueling market expansion. The number of office workers will likely increase, particularly in developing nations, which will propel the demand for train lighting worldwide. The Global Train Lighting Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
Global Train Lighting Market Definition
Lights used in trains are referred to as “train lighting,” and they are a significant passenger convenience that enhances passenger comfort. Different types of lighting, including halogen, LED, Xenon, and fluorescent, are employed in diverse locations. Both indoor and external uses are possible for them. Train headlights, indicators, and sidelights are examples of exterior lighting.
Coach lights, corridor lights, door lights, marker lights, vestibule lights, vestibule lights with led spotlights, toilet lights, night lights, reading lamps, etc. are examples of interior lighting. Several of them are utilized as night lamps, while others are used to identify the locations of seats that are beneficial at night. It is extensively applicable inside the train for various portions of trains such as interior coach cabins, finding track paths and seats, and reading literature.
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Global Train Lighting Market Overview
The increasing population in major cities is the main element fueling market expansion. The number of office workers will likely increase, particularly in developing nations, which will propel the demand for train lighting worldwide. With rising population density, urbanization, and shifting travel habits around the world, railways are a crucial component of the public transportation system. Additionally, emerging nations spend a lot of money introducing and promoting larger-scale transportation infrastructure, such as high-speed rails and bullet trains, to provide passengers with a more comfortable and quick ride.
Power consumption is decreased by the rising demand for LED lights in high-speed trains, metro trains, and special trains. Increased government investments in railroads, together with the improvement of railroads as a source of transportation, are factors driving the growth of the Train Lighting Market. Growing consumer tastes and preferences for comfort and luxury elements inside rolling stock is another factor driving up market demand.
Government laws and standards for train lighting applications, an increase in the number of travelers choosing trains, increased investment in railway projects for metro trains, high-speed trains, and renovated trains, and demand for improved lighting for greater comfort. The high cost of developing train lighting is a problem impeding the market’s expansion for lighting products. However, expanding infrastructure and cutting-edge technical advancements will expand the possibilities for industry expansion.
Global Train Lighting Market Segmentation Analysis
The Global Train Lighting Market is segmented on the basis of Light Type, Position, Rolling Stock, And Geography.
Train Lighting Market, By Light Type
- Fluorescent
- Halogen
- LED
- Xenon
Okay, so when we talk about how trains are lit up, we can break it down by the type of light usedFluorescent, Halogen, LED, and Xenon. You'll often see fluorescent lights inside railway cars. Why? Because they're a pretty good all-around choice for illumination! They're efficient and give off a nice, strong light, making it easier for passengers to see inside the train. Basically, these lights work by zapping an electric current through a gas-filled tube coated with a phosphor. That makes the tube glow! There are lots of reasons these lights are good for trains. For starters, they're energy-efficient. They pump out a lot of light without sucking up tons of electricity. That's a big deal on trains because they really need to stretch their power as far as it can go.
In terms of color temperature, halogen lights are comparable to conventional incandescent bulbs because they are warm and yellowish. This might make the atmosphere inside the train warm and inviting. Additionally, even though halogen lights are more energy-efficient than incandescent bulbs, they still fall short of more recent lighting innovations like fluorescent or LED lighting. They are still more energy-efficient than conventional incandescent lights, though.
Train Lighting Market, By Position
- Interior
- Exterior
Based on Position, The market is segmented into Interior and Exterior. Despite the importance of both interior and exterior train lighting, the need for both may vary depending on a variety of reasons. The improvement of passenger comfort, safety, and experience is often prioritized when designing interior illumination. On the other hand, exterior lighting is essential for operational security, visibility, and signaling needs. To suit passenger needs and ensure effective and secure train operations, a well-designed train lighting system establishes a balance between interior and outside lighting.
Train Lighting Market, By Rolling Stock
- Diesel
- Electric
- DMU
- EMU
- Metros
- Light Rail
- Passenger
- Freight Wagon
When we talk about Rolling Stock, we're breaking down the market into categories like Diesel, Electric, DMU, EMU, Metro, Light Rail, Passenger Coaches, and Freight Wagons. Think of diesel rolling stock as any locomotive or train that runs on diesel. Just like any train, these need good lighting to keep passengers safe and make everything run smoothly. You'll find interior lighting systems lighting up the passenger cabins, aisles, and everything inside. These lights, like in any other train, might be fixed to the walls or overhead. Good interior lighting is key because it gives passengers a comfortable and well-lit space, so they can move around the train cars securely and easily.
To enhance visibility and safety, diesel trains are outfitted with a variety of outside lighting components. These include auxiliary lights on occasion as well as headlights, marker lights, and taillights. In order to help the train operator see the track in front, headlights are frequently put at the front of the locomotive or train. Especially in poor light or at night, marker lights and tail lights make the train visible to other trains, railroad workers, and pedestrians.
Train Lighting Market, By Geography
- North America
- Europe
- Asia Pacific
- Rest of the world
On the basis of Geography, The Global Train Lighting Market is segmented into North America, Europe, Asia Pacific, Rest of the World. The biggest market share was held by Asia-Pacific in 2022. The railway infrastructure of many nations in the Asia-Pacific area is being upgraded and expanded with significant investment. This covers the development of new rail lines, the deployment of high-speed rail networks, and the updating of current rail infrastructure.
In order to ensure that passengers have safe and enjoyable trips, there is an increasing need for lighting solutions in railway cars. There is a heightened expectation for high-quality lighting systems in railway cars due to rising living standards and growing awareness of passenger comfort. Today’s passengers need comfortable surroundings with ample lighting while traveling by train. Train operators are taking note of this desire and spending money on better lighting options to satisfy passengers.
Key Players
The “Global Train Lighting Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are Toshiba Corporation, General Electric, Hitachi, Ltd., Federal-Mogul Corporation, Koito Manufacturing Co., Ltd., Grupo Antolin, Osram Licht AG, Teknoware, Dräxlmaier Group, Autolite Ltd.
Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis.
Ace Matrix Analysis
The Ace Matrix provided in the report would help to understand how the major key players involved in this industry are performing as we provide a ranking for these companies based on various factors such as service features & innovations, scalability, innovation of services, industry coverage, industry reach, and growth roadmap. Based on these factors, we rank the companies into four categories as Active, Cutting Edge, Emerging, and Innovators.
Market Attractiveness
The image of market attractiveness provided would further help to get information about the region that is majorly leading in the Global Train Lighting Market. We cover the major impacting factors that are responsible for driving the industry growth in the given region.
Porter’s Five Forces
The image provided would further help to get information about Porter’s five forces framework providing a blueprint for understanding the behaviour of competitors and a player’s strategic positioning in the respective industry. Porter’s five forces model can be used to assess the competitive landscape in the Global Train Lighting Market, gauge the attractiveness of a certain sector, and assess investment possibilities.
Report Scope
REPORT ATTRIBUTES | DETAILS |
---|---|
STUDY PERIOD | 2019-2030 |
BASE YEAR | 2022 |
FORECAST PERIOD | 2023-2030 |
HISTORICAL PERIOD | 2019-2021 |
UNIT | Value (USD Million) |
KEY COMPANIES PROFILED | Toshiba Corporation, General Electric, Hitachi, Ltd., Federal-Mogul Corporation, Koito Manufacturing Co., Ltd., Grupo Antolin. |
SEGMENTS COVERED | By Light Type, By Position, By Rolling Stock Type, and By Geography. |
CUSTOMIZATION SCOPE | Free report customization (equivalent to up to 4 analysts’ working days) with purchase. Addition or alteration to country, regional & segment scope |
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