

Light rail vehicle is considered as an efficient means of public transport, and is significantly contributing in reshaping the future of urban transportation. Light rail vehicles provide passenger service within or around the urban areas. Light rail vehicles are similar to that of a tramway but differ slightly in capacity.
The global Light Rail Vehicle market size is projected to grow from US$ million in 2023 to US$ million in 2030; it is expected to grow at a CAGR of % from 2024 to 2030.
The “Light Rail Vehicle Industry Forecast” looks at past sales and reviews total world Light Rail Vehicle sales in 2023, providing a comprehensive analysis by region and market sector of projected Light Rail Vehicle sales for 2024 through 2030. With Light Rail Vehicle sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Light Rail Vehicle industry.
This Insight Report provides a comprehensive analysis of the global Light Rail Vehicle landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Light Rail Vehicle portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Light Rail Vehicle market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Light Rail Vehicle and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Light Rail Vehicle.
Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, at 97.3 million and 95.89 million respectively. In 2018, the global economic expansion ended, and the global auto market declined as a whole. In 2022, there will wear units 81.6 million vehicles in the world. At present, more than 90% of the world's automobiles are concentrated in the three continents of Asia, Europe and North America, of which Asia automobile production accounts for 56% of the world, Europe accounts for 20%, and North America accounts for 16%. The world major automobile producing countries include China, the United States, Japan, South Korea, Germany, India, Mexico, and other countries; among them, China is the largest automobile producing country in the world, accounting for about 32%. Japan is the world's largest car exporter, exporting more than 3.5 million vehicles in 2022.
This report presents a comprehensive overview, market shares, and growth opportunities of Light Rail Vehicle market by product type, application, key manufacturers and key regions and countries.
Segmentation by type
Lower Capacity
Higher Capacity
Segmentation by application
Inner City Light Rail Vehicle
Interconnecting Cities
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Bombardier
Alstom
Siemens
Knorr-Bremse
Mitsubishi
CRRC
PKC Group
Progress Rail Services
Promtractor-Vagon CJSC
SCG Solutions
Sinara Transport Machines
Skoda Transportation
Construcciones Y Auxiliar De Ferrocarriles SA (CAF)
Key Questions Addressed in this Report
What is the 10-year outlook for the global Light Rail Vehicle market?
What factors are driving Light Rail Vehicle market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Light Rail Vehicle market opportunities vary by end market size?
How does Light Rail Vehicle break out type, application?
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Light Rail Vehicle Annual Sales 2019-2030
2.1.2 World Current & Future Analysis for Light Rail Vehicle by Geographic Region, 2019, 2023 & 2030
2.1.3 World Current & Future Analysis for Light Rail Vehicle by Country/Region, 2019, 2023 & 2030
2.2 Light Rail Vehicle Segment by Type
2.2.1 Lower Capacity
2.2.2 Higher Capacity
2.3 Light Rail Vehicle Sales by Type
2.3.1 Global Light Rail Vehicle Sales Market Share by Type (2019-2024)
2.3.2 Global Light Rail Vehicle Revenue and Market Share by Type (2019-2024)
2.3.3 Global Light Rail Vehicle Sale Price by Type (2019-2024)
2.4 Light Rail Vehicle Segment by Application
2.4.1 Inner City Light Rail Vehicle
2.4.2 Interconnecting Cities
2.5 Light Rail Vehicle Sales by Application
2.5.1 Global Light Rail Vehicle Sale Market Share by Application (2019-2024)
2.5.2 Global Light Rail Vehicle Revenue and Market Share by Application (2019-2024)
2.5.3 Global Light Rail Vehicle Sale Price by Application (2019-2024)
3 Global Light Rail Vehicle by Company
3.1 Global Light Rail Vehicle Breakdown Data by Company
3.1.1 Global Light Rail Vehicle Annual Sales by Company (2019-2024)
3.1.2 Global Light Rail Vehicle Sales Market Share by Company (2019-2024)
3.2 Global Light Rail Vehicle Annual Revenue by Company (2019-2024)
3.2.1 Global Light Rail Vehicle Revenue by Company (2019-2024)
3.2.2 Global Light Rail Vehicle Revenue Market Share by Company (2019-2024)
3.3 Global Light Rail Vehicle Sale Price by Company
3.4 Key Manufacturers Light Rail Vehicle Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Light Rail Vehicle Product Location Distribution
3.4.2 Players Light Rail Vehicle Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2019-2024)
3.6 New Products and Potential Entrants
3.7 Mergers & Acquisitions, Expansion
4 World Historic Review for Light Rail Vehicle by Geographic Region
4.1 World Historic Light Rail Vehicle Market Size by Geographic Region (2019-2024)
4.1.1 Global Light Rail Vehicle Annual Sales by Geographic Region (2019-2024)
4.1.2 Global Light Rail Vehicle Annual Revenue by Geographic Region (2019-2024)
4.2 World Historic Light Rail Vehicle Market Size by Country/Region (2019-2024)
4.2.1 Global Light Rail Vehicle Annual Sales by Country/Region (2019-2024)
4.2.2 Global Light Rail Vehicle Annual Revenue by Country/Region (2019-2024)
4.3 Americas Light Rail Vehicle Sales Growth
4.4 APAC Light Rail Vehicle Sales Growth
4.5 Europe Light Rail Vehicle Sales Growth
4.6 Middle East & Africa Light Rail Vehicle Sales Growth
5 Americas
5.1 Americas Light Rail Vehicle Sales by Country
5.1.1 Americas Light Rail Vehicle Sales by Country (2019-2024)
5.1.2 Americas Light Rail Vehicle Revenue by Country (2019-2024)
5.2 Americas Light Rail Vehicle Sales by Type
5.3 Americas Light Rail Vehicle Sales by Application
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Light Rail Vehicle Sales by Region
6.1.1 APAC Light Rail Vehicle Sales by Region (2019-2024)
6.1.2 APAC Light Rail Vehicle Revenue by Region (2019-2024)
6.2 APAC Light Rail Vehicle Sales by Type
6.3 APAC Light Rail Vehicle Sales by Application
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe Light Rail Vehicle by Country
7.1.1 Europe Light Rail Vehicle Sales by Country (2019-2024)
7.1.2 Europe Light Rail Vehicle Revenue by Country (2019-2024)
7.2 Europe Light Rail Vehicle Sales by Type
7.3 Europe Light Rail Vehicle Sales by Application
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Light Rail Vehicle by Country
8.1.1 Middle East & Africa Light Rail Vehicle Sales by Country (2019-2024)
8.1.2 Middle East & Africa Light Rail Vehicle Revenue by Country (2019-2024)
8.2 Middle East & Africa Light Rail Vehicle Sales by Type
8.3 Middle East & Africa Light Rail Vehicle Sales by Application
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of Light Rail Vehicle
10.3 Manufacturing Process Analysis of Light Rail Vehicle
10.4 Industry Chain Structure of Light Rail Vehicle
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Light Rail Vehicle Distributors
11.3 Light Rail Vehicle Customer
12 World Forecast Review for Light Rail Vehicle by Geographic Region
12.1 Global Light Rail Vehicle Market Size Forecast by Region
12.1.1 Global Light Rail Vehicle Forecast by Region (2025-2030)
12.1.2 Global Light Rail Vehicle Annual Revenue Forecast by Region (2025-2030)
12.2 Americas Forecast by Country
12.3 APAC Forecast by Region
12.4 Europe Forecast by Country
12.5 Middle East & Africa Forecast by Country
12.6 Global Light Rail Vehicle Forecast by Type
12.7 Global Light Rail Vehicle Forecast by Application
13 Key Players Analysis
13.1 Bombardier
13.1.1 Bombardier Company Information
13.1.2 Bombardier Light Rail Vehicle Product Portfolios and Specifications
13.1.3 Bombardier Light Rail Vehicle Sales, Revenue, Price and Gross Margin (2019-2024)
13.1.4 Bombardier Main Business Overview
13.1.5 Bombardier Latest Developments
13.2 Alstom
13.2.1 Alstom Company Information
13.2.2 Alstom Light Rail Vehicle Product Portfolios and Specifications
13.2.3 Alstom Light Rail Vehicle Sales, Revenue, Price and Gross Margin (2019-2024)
13.2.4 Alstom Main Business Overview
13.2.5 Alstom Latest Developments
13.3 Siemens
13.3.1 Siemens Company Information
13.3.2 Siemens Light Rail Vehicle Product Portfolios and Specifications
13.3.3 Siemens Light Rail Vehicle Sales, Revenue, Price and Gross Margin (2019-2024)
13.3.4 Siemens Main Business Overview
13.3.5 Siemens Latest Developments
13.4 Knorr-Bremse
13.4.1 Knorr-Bremse Company Information
13.4.2 Knorr-Bremse Light Rail Vehicle Product Portfolios and Specifications
13.4.3 Knorr-Bremse Light Rail Vehicle Sales, Revenue, Price and Gross Margin (2019-2024)
13.4.4 Knorr-Bremse Main Business Overview
13.4.5 Knorr-Bremse Latest Developments
13.5 Mitsubishi
13.5.1 Mitsubishi Company Information
13.5.2 Mitsubishi Light Rail Vehicle Product Portfolios and Specifications
13.5.3 Mitsubishi Light Rail Vehicle Sales, Revenue, Price and Gross Margin (2019-2024)
13.5.4 Mitsubishi Main Business Overview
13.5.5 Mitsubishi Latest Developments
13.6 CRRC
13.6.1 CRRC Company Information
13.6.2 CRRC Light Rail Vehicle Product Portfolios and Specifications
13.6.3 CRRC Light Rail Vehicle Sales, Revenue, Price and Gross Margin (2019-2024)
13.6.4 CRRC Main Business Overview
13.6.5 CRRC Latest Developments
13.7 PKC Group
13.7.1 PKC Group Company Information
13.7.2 PKC Group Light Rail Vehicle Product Portfolios and Specifications
13.7.3 PKC Group Light Rail Vehicle Sales, Revenue, Price and Gross Margin (2019-2024)
13.7.4 PKC Group Main Business Overview
13.7.5 PKC Group Latest Developments
13.8 Progress Rail Services
13.8.1 Progress Rail Services Company Information
13.8.2 Progress Rail Services Light Rail Vehicle Product Portfolios and Specifications
13.8.3 Progress Rail Services Light Rail Vehicle Sales, Revenue, Price and Gross Margin (2019-2024)
13.8.4 Progress Rail Services Main Business Overview
13.8.5 Progress Rail Services Latest Developments
13.9 Promtractor-Vagon CJSC
13.9.1 Promtractor-Vagon CJSC Company Information
13.9.2 Promtractor-Vagon CJSC Light Rail Vehicle Product Portfolios and Specifications
13.9.3 Promtractor-Vagon CJSC Light Rail Vehicle Sales, Revenue, Price and Gross Margin (2019-2024)
13.9.4 Promtractor-Vagon CJSC Main Business Overview
13.9.5 Promtractor-Vagon CJSC Latest Developments
13.10 SCG Solutions
13.10.1 SCG Solutions Company Information
13.10.2 SCG Solutions Light Rail Vehicle Product Portfolios and Specifications
13.10.3 SCG Solutions Light Rail Vehicle Sales, Revenue, Price and Gross Margin (2019-2024)
13.10.4 SCG Solutions Main Business Overview
13.10.5 SCG Solutions Latest Developments
13.11 Sinara Transport Machines
13.11.1 Sinara Transport Machines Company Information
13.11.2 Sinara Transport Machines Light Rail Vehicle Product Portfolios and Specifications
13.11.3 Sinara Transport Machines Light Rail Vehicle Sales, Revenue, Price and Gross Margin (2019-2024)
13.11.4 Sinara Transport Machines Main Business Overview
13.11.5 Sinara Transport Machines Latest Developments
13.12 Skoda Transportation
13.12.1 Skoda Transportation Company Information
13.12.2 Skoda Transportation Light Rail Vehicle Product Portfolios and Specifications
13.12.3 Skoda Transportation Light Rail Vehicle Sales, Revenue, Price and Gross Margin (2019-2024)
13.12.4 Skoda Transportation Main Business Overview
13.12.5 Skoda Transportation Latest Developments
13.13 Construcciones Y Auxiliar De Ferrocarriles SA (CAF)
13.13.1 Construcciones Y Auxiliar De Ferrocarriles SA (CAF) Company Information
13.13.2 Construcciones Y Auxiliar De Ferrocarriles SA (CAF) Light Rail Vehicle Product Portfolios and Specifications
13.13.3 Construcciones Y Auxiliar De Ferrocarriles SA (CAF) Light Rail Vehicle Sales, Revenue, Price and Gross Margin (2019-2024)
13.13.4 Construcciones Y Auxiliar De Ferrocarriles SA (CAF) Main Business Overview
13.13.5 Construcciones Y Auxiliar De Ferrocarriles SA (CAF) Latest Developments
14 Research Findings and Conclusion
*If Applicable.