Global Light Rail Market 2016-2020

About Light Rail

A light rail transit (LRT) is a medium capacity mode of mass rapid transport that uses equipment and infrastructure, which is less massive than the heavy rail modes such as commuter and metro rail systems or subways. These systems can be integrated into any city due to their operating flexibility, which has been driving the market growth.

Technavio’s analysts forecast the global light rail market to grow at a CAGR of 4.76% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the global light rail market for the period 2016-2020. To calculate the market size, this report covers revenue generated by the vendors in the market.

The market is divided into the following segments based on geography:
• Americas
• APAC
• Europe
• MEA

Technavio's report, Global Light Rail Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
• Alstom
• Bombardier
• Construcciones Y Auxiliar De Ferrocarriles SA (CAF)
• CRRC Corporation
• Mitsubishi Electric
• Siemens

Other prominent vendors
• AmstedMaxion
• Astra Rail
• Azovobshemash
• Bradken
• Cyient
• DCD Rail
• Downer Rail
• éolane
• FreightCar America
• Hitachi Rail Europe
• Japan Transport Engineering Company
• JSC Dneprovagonmash
• JSC Kryukovsky Railway Car Building Works
• JSC Zavod Metallokonstruktsy
• Kinki Sharyo
• National Steel Car
• Newag
• Nippon Sharyo
• OJSC Altaivagon
• PESA Bydgoszcz SA
• PKC Group
• Progress Rail Services
• Promtractor-Vagon CJSC
• SCG Solutions
• Sinara Transport Machines
• Skoda Transportation
• Stadler Rail Group
• Talgo
• Tatravagonka Poprad
• The Greenbrier Companies
• Trinity Industries
• Vossloh Group
• Wabtec Corporation

Market driver
• Urbanization and increased mobility
• For a full, detailed list, view our report

Market challenge
• High initial investment
• For a full, detailed list, view our report

Market trend
• Emergence of PPP model in developing countries
• For a full, detailed list, view our report

Key questions answered in this report
• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.

Frequently Asked Questions



This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.

  • By product type
  • By End User/Applications
  • By Technology
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The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.

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