Market Overview:
The global exterior train lighting market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The market growth is attributed to the increasing demand for high-speed trains and rising adoption of LED lighting in trains. Asia Pacific is expected to be the fastest growing region during the forecast period, followed by Europe and North America. The global exterior train lighting market can be segmented on the basis of type, application, and region. On the basis of type, the market can be divided into halogen, xenon/HID, fluorescent, and LED. Halogen lights are expected to dominate the market duringthe forecast period owingto their low costand easy installation process as comparedto other typesof lights such as xenon/HIDand LED lights . However ,LED lights areexpectedtogrow at a higherCAGRduringthe forecastperioddue tot heir energy efficiencyand long life span .
Product Definition:
Exterior train lighting is a type of lighting that is used to light up the exterior of a train. This type of lighting is important because it helps to improve safety and visibility for both the passengers and drivers of the train.
Halogen:
Halogen is a chemical element that results in flame when exposed to oxygen or other oxidizing agent. The halogens are represented by the group of the periodic table and include fluorine, chlorine, bromine and iodine. Halogens are used as an excitation source for fluorescent materials; they exhibit high fluorescence quantum yield under ultraviolet light irradiation which makes them suitable for use in lighting applications.
Xenon/HID:
Xenon/HID (High Intensity Discharge) is a lighting technology that uses gas to produce light. It is used in exterior train lighting as well as car headlight applications. The technology has been around for more than two decades and has gained widespread acceptance globally, especially in the automotive market where it has replaced incandescent bulbs and fluorescent bulbs owing to their longer life span and better performance.
Application Insights:
The ordinary train application segment dominated the global market in 2017. The segment is expected to witness significant growth over the forecast period owing to rising demand for economical and energy-efficient lighting systems for railway vehicles. Moreover, increasing government funding towards improving railway infrastructure across developing countries will further propel product demand over the next eight years.
High-speed train (HST) application is projected to witness a CAGR of XX% from 2018 to 2030 owing to increased adoption of HSTs in Japan, China, Germany and France among other countries around the world that are into high speed rail development projects. In addition, introduction of new products with advanced features such as adaptive brightness control technology will drive industry growth during this period.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing exponential growth in passenger traffic on account of rapid urbanization and industrialization, which has led to an increase in disposable income. Moreover, rising investments by governments for the development of rail infrastructure are anticipated to fuel demand for high-quality train lighting systems across this region.
The European market was valued at USD X million in 2017 and is projected to grow at a CAGR of XX% from 2018 to 2030 owing to increasing expenditure on railway infrastructure projects across this region. In addition, growing adoption of LED lighting technology coupled with stringent regulations regarding energy consumption by various regulatory bodies such as UIC, IEC 62471 is likely drive demand over the forecast period.
North America accounted for a significant share owing herculean efforts made by government organizations towards improving public transportation facilities within their respective countries; e.g.
Growth Factors:
- Increasing demand for LED lighting in the transportation sector
- Growing awareness about the benefits of using LED lights over traditional lighting sources
- Rising concerns over safety and security, which is driving the demand for exterior train lighting systems
- Technological advancements that are resulting in more efficient and durable exterior train lighting systems
- Growing investments by governments and public transport authorities to improve safety and security measures
Scope Of The Report
Report Attributes
Report Details
Report Title
Exterior Train Lighting Market Research Report
By Type
Halogen, Xenon/HID, Fluorescent, LED
By Application
Ordinary Train, High-speed Train
By Companies
Toshiba (Japan), General Electric (US), Hitachi (Japan), Koito (Japan), Federal-Mogul (US), Osram (Germany), Grupo Antolin (Spain), Draxlmaier (Germany), Teknoware (Finland)
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
236
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Exterior Train Lighting Market Report Segments:
The global Exterior Train Lighting market is segmented on the basis of:
Types
Halogen, Xenon/HID, Fluorescent, LED
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Ordinary Train, High-speed Train
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Toshiba (Japan)
- General Electric (US)
- Hitachi (Japan)
- Koito (Japan)
- Federal-Mogul (US)
- Osram (Germany)
- Grupo Antolin (Spain)
- Draxlmaier (Germany)
- Teknoware (Finland)
Highlights of The Exterior Train Lighting Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Halogen
- Xenon/HID
- Fluorescent
- LED
- By Application:
- Ordinary Train
- High-speed Train
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Exterior Train Lighting Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Exterior train lighting is a type of lighting used on trains and other transportation vehicles to make them more visible at night or in low-light conditions.
Some of the key players operating in the exterior train lighting market are Toshiba (Japan), General Electric (US), Hitachi (Japan), Koito (Japan), Federal-Mogul (US), Osram (Germany), Grupo Antolin (Spain), Draxlmaier (Germany), Teknoware (Finland).
The exterior train lighting market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Exterior Train Lighting Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Exterior Train Lighting Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Exterior Train Lighting Market - Supply Chain
4.5. Global Exterior Train Lighting Market Forecast
4.5.1. Exterior Train Lighting Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Exterior Train Lighting Market Size (000 Units) and Y-o-Y Growth
4.5.3. Exterior Train Lighting Market Absolute $ Opportunity
5. Global Exterior Train Lighting Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Exterior Train Lighting Market Size and Volume Forecast by Type
5.3.1. Halogen
5.3.2. Xenon/HID
5.3.3. Fluorescent
5.3.4. LED
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Exterior Train Lighting Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Exterior Train Lighting Market Size and Volume Forecast by Application
6.3.1. Ordinary Train
6.3.2. High-speed Train
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Exterior Train Lighting Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Exterior Train Lighting Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Exterior Train Lighting Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Exterior Train Lighting Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Exterior Train Lighting Demand Share Forecast, 2019-2026
9. North America Exterior Train Lighting Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Exterior Train Lighting Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Exterior Train Lighting Market Size and Volume Forecast by Application
9.4.1. Ordinary Train
9.4.2. High-speed Train
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Exterior Train Lighting Market Size and Volume Forecast by Type
9.7.1. Halogen
9.7.2. Xenon/HID
9.7.3. Fluorescent
9.7.4. LED
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Exterior Train Lighting Demand Share Forecast, 2019-2026
10. Latin America Exterior Train Lighting Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Exterior Train Lighting Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Exterior Train Lighting Market Size and Volume Forecast by Application
10.4.1. Ordinary Train
10.4.2. High-speed Train
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Exterior Train Lighting Market Size and Volume Forecast by Type
10.7.1. Halogen
10.7.2. Xenon/HID
10.7.3. Fluorescent
10.7.4. LED
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Exterior Train Lighting Demand Share Forecast, 2019-2026
11. Europe Exterior Train Lighting Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Exterior Train Lighting Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Exterior Train Lighting Market Size and Volume Forecast by Application
11.4.1. Ordinary Train
11.4.2. High-speed Train
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Exterior Train Lighting Market Size and Volume Forecast by Type
11.7.1. Halogen
11.7.2. Xenon/HID
11.7.3. Fluorescent
11.7.4. LED
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type 11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Exterior Train Lighting Demand Share, 2019-2026
12. Asia Pacific Exterior Train Lighting Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Exterior Train Lighting Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Exterior Train Lighting Market Size and Volume Forecast by Application
12.4.1. Ordinary Train
12.4.2. High-speed Train
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Exterior Train Lighting Market Size and Volume Forecast by Type
12.7.1. Halogen
12.7.2. Xenon/HID
12.7.3. Fluorescent
12.7.4. LED
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Exterior Train Lighting Demand Share, 2019-2026
13. Middle East & Africa Exterior Train Lighting Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Exterior Train Lighting Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Exterior Train Lighting Market Size and Volume Forecast by Application
13.4.1. Ordinary Train
13.4.2. High-speed Train
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Exterior Train Lighting Market Size and Volume Forecast by Type
13.7.1. Halogen
13.7.2. Xenon/HID
13.7.3. Fluorescent
13.7.4. LED
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Exterior Train Lighting Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Exterior Train Lighting Market: Market Share Analysis
14.2. Exterior Train Lighting Distributors and Customers
14.3. Exterior Train Lighting Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Toshiba (Japan)
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. General Electric (US)
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Hitachi (Japan)
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Koito (Japan)
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Federal-Mogul (US)
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Osram (Germany)
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Grupo Antolin (Spain)
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Draxlmaier (Germany)
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Teknoware (Finland)
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
