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www.MarketsandMarkets.com Train Lighting Market by Technology (Fluorescent, Halogen, LED, Xenon), Position (Interior, Exterior), Rolling Stock (Diesel, Electric, DMU, EMU, Metros, Light Rail, Passenger & Freight Wagon), Application, Component, and Region - Global Forecast to 2025
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LED technology is estimated to have the fastest growth in train lighting market LED technology is projected to grow at the fastest growth rate during the forecast period from 2017 to 2025. Railway associations around the globe are installing LED lights in trains, owing to its energy saving and environmental friendly benefits. Also, LEDs are vastly used in rolling stock such as metros, DMU, EMU, and light rail. Due to the increase in demand for these rolling stock and with the increase in interior lighting applications, the market for LED lights is projected to increase. With increase in projects for high-speed trains and upcoming projects such as hyperloop are estimated as some factors influencing the future LED demand. PDF Brochure : https://www.marketsandmarkets.com/pdfdownload.asp?id=85572173
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Cabin lighting is projected to have the largest demand in train lighting applications The cabin lights segment is projected to be the largest segment of the train lighting market, by application. Cabin lights provide balanced illumination in the driver cabin and help avoid glare on the windscreen and LCD screens of the computers. Hence, the demand for these lights is directly proportional to the demand for locomotives in different countries. Request for Customization : https://www.marketsandmarkets.com/requestCustomization.asp?id=85572173
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Infrastructure development and government mandates for lighting units would drive the Asia Oceania train lighting market The Asia Oceania region comprises of emerging economies such as China and India along with developed nations such as Japan. The rail networks of China and India are among the biggest rail networks in the world. China has 250,000 km of track length, and India has 100,000 km of track length. Japan has a track length of 27,268 km. Generally, passenger trains are the mainly used mode of transportation in India, China, and South Korea; whereas, high-speed rail and metro train are the most preferred modes of transportation in Japan. Hence, owing to the increase in usage of different types of rolling stock the lighting requirement differs, which has propelled the market growth in this region. Request Sample @ https://www.marketsandmarkets.com/requestsample.asp?id=85572173 https://www.marketsandmarkets.com/requestsample.asp?id=85572173
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The study segments the market based on rolling stock (Diesel Locomotive, DMU, Electric Locomotive, EMU, Metro, Light Rail/Trams/Monorail, Passenger Coaches, and Freight Wagon). The market for freight wagon is projected to have the largest market; whereas, DMU is estimated to be the fastest growing market. The growing demand for public transport in urban areas is driving the growth of the rail industry. In earlier times, the urban transportation depended on DMU/EMU, which were equipped with basic lighting solutions. With the advent of technology and infrastructural development, the use of metros and monorails has increased. Lighting used in these new era trains is energy saving and gives better illumination than usual fluorescent lights Speak to analyst @ https://www.marketsandmarkets.com/speaktoanalyst.asp?id=85572173 https://www.marketsandmarkets.com/speaktoanalyst.asp?id=85572173
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Market Ecosystem: The ecosystem of the train lighting market consists of manufacturers and Tier 1 suppliers such as Toshiba (Japan), General Electric (US), Hitachi (Japan), Koito (Japan), Federal-Mogul (US), Osram (Germany), Grupo Antolin (Spain), Dräxlmaier (Germany), and Teknoware (Finland). BUY NOW: https://www.marketsandmarkets.com/Purchase/purchase_report1.asp?id=85572173
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Browse >> 110 market data tables 46 figures 153 pages and in-depth TOC on "Train Lighting Market by Technology (Fluorescent, Halogen, LED, Xenon), Position (Interior, Exterior), Rolling Stock (Diesel, Electric, DMU, EMU, Metros, Light Rail, Passenger & Freight Wagon), Application, Component, and Region - Global Forecast to 2025“ Early buyers will receive 10% customization on this report. This study answers several questions for the stakeholders, primarily which market segments to focus on in the next two to five years to prioritize efforts and investments.
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Contact: Mr. Rohan MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA : 1-888-600-6441 sales@marketsandmarkets.com sales@marketsandmarkets.com
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