Light Rail Vehicles - Global Market Trends

Environmental problems, traffic jams and the scarcity of parking spaces in cities are hindering their future development. Growing and liveable metropolitan areas need comprehensive and efficient public transport systems more than ever before. In addition to the efficient but expensive underground metro systems, so-called light-rail systems have become established worldwide as a less expensive alternative.  SCI Verkehr provides a detailed analysis about this railway industry segment in the new study "Light-rail Vehicles - Global Market Trends". One particularly remarkable result found in this study was that the dynamic growth of 5% in the light-rail segment will not be driven by the booming Asian countries in the next five years, but by Western Europe and North America.  A total of around 200 cities/municipalities worldwide have published plans to develop or upgrade LRT systems. Almost 100 systems are currently under development or being upgraded.

In concrete terms, this market study of light-rail vehicles includes:

• A look at the worldwide market for light-rail vehicles differentiated by region, including an in-depth analysis of all relevant national markets

• An overview of the most important drivers behind the procurement and refurbishment of light-rail vehicles in the individual regions

• A presentation of light-rail transit systems, future infrastructure projects, lengths of the line network and forecast of the network development up to 2020
• A comprehensive analysis of the current fleet stocks concerning quantities, age structures as well as future procurement potential
• An analysis of the current market shares of important LRV manufacturers as well as a forecast of future vehicle requirements of customers
• An overview of light-rail vehicle manufacturers including a brief description of their current range of products and services as well as production capacities  
• A condensed presentation of the most important fleet-specific features of light-rail vehicles in the form of diagrams
• A list of operators’ total vehicle installed bases and the current procurements of light-rail vehicles in the annex to the study

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