Train Exterior Lighting Market Segments, Opportunity, Growth and Forecast by End-use Industry 2018-2028

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Train Exterior Lighting Market: Introduction

Train exterior lighting is the lighting medium which are used to enhance the vision of the train and its driver along the tracks. These train exterior lightings are extremely important for the effective operation of the train, as it gives the signal of approaching or departing train in night, dark tunnels or conditions of low visibility such as fog and haze. There have been many instances of loss of life and property owing to faulty train exterior lighting resulting in train collisions and accidents. Hence, the government authorities and railway officials have made strict rules which are to be adhered by the manufacturing companies ensuring proper safety of rail traffic. Moreover, the train exterior lighting has evolved with technology and solutions such as LED and Xenon have made strong footprint in the global market. The important function of signaling the presence of trains on the tracks in motion as well as when stationary has been driving the global train exterior lighting market.

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Train Exterior Lighting Market: Segmentation

The train exterior lighting market can be segmented on the basis of Product Type, Train Type, Sales Channel, and Function-

The train exterior lighting market can be segmented on the basis of product type as:

  • Halogen
  • LED
  • Xenon

The train exterior lighting market can be segmented on the basis of train type as:

  • Passenger Train
  • Freight Train
  • Metro/Subway Train
  • High Speed Train
  • Special Train

The train exterior lighting market can be segmented on the basis of sales channel as:

  • OEM
  • Aftermarket

The train exterior lighting market can be segmented on the basis of function as:

  • Headlight
  • Warning Lights

Train Exterior Lighting Global Market: Regional Outlook:

Presently, the Asia Pacific region including India, ASEAN and South Korea is among the prominent markets for the railway industry. Sales in Latin America and Eastern Europe is expected to increase significantly over the forecast period due to the upsurge in various rail projects regarding the production of new trains in the region. Growing demand for high speed rail network is anticipated to drive the demand for train exterior lighting in Western Europe and China. The aftermarket in Western Europe and North America is also estimated to create lucrative growth opportunities for train exterior lighting over the forecast period.

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Train Exterior Lighting Global Market: Key Players

Key players in the global market of Train Exterior Lighting are:

  • Teknoware Oy
  • ANDiMAN & Co
  • Matrix Railway
  • Translec Limited
  • BMAC Ltd
  • Phillips

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.

The report covers exhaustive analysis on:

  • Market Segments
  • Market Dynamics
  • Market Size
  • Installed Base
  • Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Technology
  • Value Chain

Regional analysis includes:

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil)
  • Western Europe (Germany, Italy, France, U.K, Spain)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

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