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Light Rail Vehicles - Global Market Trends 2022

Fleet stocks - Global market data - Market shares - Key drivers - LRT systems - Infrastructural projects - Network lengths - Forecast until 2030

Date: 17/11/2022

Product type: Studies*

Data format: Excel  PDF 

Language: english

pages: 205

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This MultiClient Study “Light Rail Vehicles – Global Market Trends” offers an analysis and well-founded assessment of the market for light rail vehicles. SCI Verkehr has already compiled eight MultiClient Studies on this topic.

 

The market for LRVs is a niche market, which has grown in the past decade and is expected to proceed with its growth over the next 5 years, despite current macroeconomic problems in most of the countries in the world. The world economy is currently facing many challenges such as high inflation in Europe and North America, energy crisis after the begin of Ukraine war and continuing COVID-lockdown in China. The outlook is fraught with high uncertainty. Under the assumption that no heavy recession appears in near future, SCI Verkehr forecast a growth rate of 4% p.a. from 2021 to 2026 for the total market starting from EUR 5.7 billion. 

 

In concrete terms, this market study of LRVs includes:

  • An overview of the worldwide market for LRVs differentiated by region, including an in-depth analysis of all relevant national markets.
  • Comprehensive analyses of the network length, installed base and average vehicle age
  • Forecast of the OEM and after-sales market size until 2030
  • An analysis of the current market shares of important LRV manufacturers
  • An overview of the most important drivers behind the procurement and after-sales of LRVs in the individual regions
  • A summary of global LRT systems, future infrastructure projects, network lengths and forecasts of network developments up to 2030

This MultiClient Study is based on numerous information sources, which are continuously analysed and evaluated, and are recorded in SCI Verkehr’s database system.

 

All in all, the study provides a well-founded analysis of the worldwide market for LRVs. It provides key, comprehensive and well-structured information on this vehicle segment. The study also serves to support operational and strategic corporate planning of players in the transport and railway industry.

Optionally available with the data annex in Excel format

  • All numbers concerning fleets, deliveries and market shares are transparently and comprehensively available
  • Apply the data sets for an individual evaluation and configuration or to access and supplement available market data

Find an exemplary data annex here.

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* Our compact MultiClient studies provide a harmonised view and definitions of the markets, prepare data on current stocks and forecasts, document current trends and provide detailed and comprehensive information on market and industry developments.