Fri, 14 May 2021

Train Interior LED Lighting market was valued at US$ 1,700.0 Mn in 2020 and it is expected to reach at US$ 3,005.0 Mn by 2027, growing at CAGR 8.6% during the period, 2017-2027.

The rise in focus of government on energy saving solutions, rise in utility rebates, and Growing display and large screen backlighting market are the factors that propel the market. Also, growth of smart lighting and high efficacy LED drive the growth of the LED market. However, high initial cost restricts the growth of the market.

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Several key operating players are listed in this report to provide readers with a comprehensive overview of the competitive landscape in the Train Interior LED Lighting market. The major strategies used by these players are discussed in the report to provide readers with an idea of what works & what doesn't, in the Train Interior LED Lighting market. Individual players are analysed in detail in the report to elaborate on their regional presence & product catalogue, providing a clear image of each major player operating in the global Train Interior LED Lighting market.

The increasing stringency of regulations in terms of inefficient lighting technologies and growing government efforts toward sustainable development are the key growth drivers. An aggressive decline in the prices of Light-Emitting Diode (LED), along with the transformation in energy policies across the globe, has been boosting the market growth. Moreover, attractive incentives & rebates provided by the governments for the use of LED lighting in several countries will leverage the demand.

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Market Key Players

Various key players are listed in this report such as Teknoware, GE, Toshiba, Hitachi, Dräxlmaier, Osram, Grupo Antolin, Koito Europe Ltd, Federal-Mogul, LPA Group, etc.

Market Taxonomy

By Rolling Stock

  • Diesel Locomotive
  • DMU
  • Electric Locomotive
  • EMU
  • Metro
  • Light Rail/Trams/Monorail
  • Passenger Coaches
  • Freight Wagon

By Application

  • Cabin Lights
  • Door Lights
  • Emergency Lighting Systems
  • Reading Lights
  • Toilet Lights
  • Train Headlights
  • Train Indicator Lights
  • Train Led Spotlights
  • Train Main Lights
  • Marker Lights
  • Vestibule Lights

By Region

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East & Africa

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Contact Information:

Vishal Thakur

Research Support Specialist

QualiKet Research

6060 N Central Expy #500, TX 75204, U.S.A

Email: sales@qualiketresearch.com

Website: https://qualiketresearch.com

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