Press release
Global Railway Lighting Market Trends and Forecast Report 2022 | By Players, Types, Applications and Regions
QY Research released a latest market research report on the Global Railway Lighting market, which is segmented by region (country), company and by Application. Players, stakeholders, and other participants in the global Railway Lighting market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country) and by Application of Global Railway Lighting market.Summary
Due to the COVID-19 pandemic, the global Railway Lighting market size was value at US$ 1364.33 million in 2021 and is forecast to be a readjusted size of US$ 1817.58 million by 2028 with a CAGR of 4.34% during the forecast period 2022-2028.
The global main manufacturers of Railway Lighting include Signify, OSRAM, Panasonic, Opple, Grupo Antolin, Trilux, Toshiba, Teknoware, Koito Electric Industries, Ltd., Ideal Industries(Cree), Shenzhen Heng Zhi Yuan Electrical Appliance Co, Ltd. and Sesaly etc. In 2021, the global six largest players have a share approximately 34.76% in terms of revenue.
The North America Railway Lighting market size was US$ 264.13 million in 2021, while China was about US$ 234.44 million. The proportion of the China was 17.18% in 2021 and it is predicted that the share will reach 18.66 % in 2028, trailing a CAGR of 5.50 % through the analysis period. As for the Europe Railway Lighting landscape, Germany is projected to reach US$ 119.00 million by 2028. and in Asia, the notable markets are Japan and South Korea, CAGR is 5.03 % and 4.63 % respectively for the next 6-year period.
Fully considering the economic change by the COVID-19, Interior Railway Lighting accounting for 26.67% of the Railway Lighting global market in 2021, is projected to value US$ 451.12 million by 2028, growing at a revised 3.25% CAGR from 2022 to 2028. While Ordinary Train segment is altered to an 4.55% CAGR throughout this forecast period and will hold a share about 35.42% in 2028.
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The report mentions the prominent market player consisting of:
Signify
OSRAM
Panasonic
Opple
Grupo Antolin
Trilux
Toshiba
Teknoware
Koito Electric Industries
Ideal Industries
Shenzhen Heng Zhi Yuan Electrical Appliance
Sesaly
LECIP Corporation
LPA Group
Railway Lighting Market Segment by Type
Interior Railway Lighting
Exterior Railway Lighting
Railway Lighting Market Segment by Application
Ordinary Train
High-speed Train
The report on the Railway Lighting market covers the following region (country) analysis:
North America
United States
Canada
Mexico
Asia-Pacific
China
Japan
South Korea
India
Southeast Asia
Europe
Germany
France
U.K.
Italy
Russia
Latin America
Brazil
Argentina
Middle East & Africa
Middle East
Africa
The Goal of the Report
To study and analyze the global Railway Lighting consumption (value & volume) by key regions/countries, type and application, history data from 2017 to 2022, and forecast to 2028.
To understand the structure of Railway Lighting market by identifying its various subsegments.
Focuses on the key global Railway Lighting manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Railway Lighting with respect to individual growth trends, prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges, and risks).
To project the consumption of Railway Lighting submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Target Audience
> Railway Lighting companies
> Research organizations
> Government Organizations
> Research/Consultancy firms
Table of Contents
1 RAILWAY LIGHTING MARKET OVERVIEW 1
1.1 RAILWAY LIGHTING PRODUCT OVERVIEW 1
1.2 RAILWAY LIGHTING MARKET SEGMENT BY TYPE 3
1.2.1 INTERIOR RAILWAY LIGHTING 3
1.2.2 EXTERIOR RAILWAY LIGHTING 4
1.3 GLOBAL RAILWAY LIGHTING MARKET SIZE BY TYPE 6
1.3.1 GLOBAL RAILWAY LIGHTING MARKET SIZE OVERVIEW BY TYPE (2017-2028) 6
1.3.2 GLOBAL RAILWAY LIGHTING HISTORIC MARKET SIZE REVIEW BY TYPE (2017-2022) 7
1.3.3 GLOBAL RAILWAY LIGHTING FORECASTED MARKET SIZE BY TYPE (2023-2028) 8
1.4 KEY REGIONS MARKET SIZE SEGMENT BY TYPE 9
1.4.1 NORTH AMERICA RAILWAY LIGHTING SALES BREAKDOWN BY TYPE (2017-2022) 9
1.4.2 EUROPE RAILWAY LIGHTING SALES BREAKDOWN BY TYPE (2017-2022) 11
1.4.3 ASIA-PACIFIC RAILWAY LIGHTING SALES BREAKDOWN BY TYPE (2017-2022) 12
1.4.4 LATIN AMERICA RAILWAY LIGHTING SALES BREAKDOWN BY TYPE (2017-2022) 14
1.4.5 MIDDLE EAST AND AFRICA RAILWAY LIGHTING SALES BREAKDOWN BY TYPE (2017-2022) 15
2 RAILWAY LIGHTING MARKET COMPETITION BY COMPANY 18
2.1 GLOBAL TOP PLAYERS BY RAILWAY LIGHTING SALES (2017-2022) 18
2.2 GLOBAL TOP PLAYERS BY RAILWAY LIGHTING REVENUE (2017-2022) 19
2.3 GLOBAL TOP PLAYERS BY RAILWAY LIGHTING PRICE (2017-2022) 20
2.4 GLOBAL TOP MANUFACTURERS RAILWAY LIGHTING MANUFACTURING BASE DISTRIBUTION, SALES AREA, PRODUCT TYPE 21
2.5 RAILWAY LIGHTING MARKET COMPETITIVE SITUATION AND TRENDS 22
2.5.1 RAILWAY LIGHTING MARKET CONCENTRATION RATE (2017-2022) 22
2.5.2 GLOBAL 5 LARGEST MANUFACTURERS BY RAILWAY LIGHTING SALES AND REVENUE IN 2021 23
2.6 GLOBAL TOP MANUFACTURERS BY COMPANY TYPE (TIER 1, TIER 2, AND TIER 3) & (BASED ON THE REVENUE IN RAILWAY LIGHTING AS OF 2021) 24
2.7 DATE OF KEY MANUFACTURERS ESTABLISH 25
2.8 KEY MANUFACTURERS RAILWAY LIGHTING PRODUCT OFFERED 26
2.9 MERGERS & ACQUISITIONS, EXPANSION 26
3 RAILWAY LIGHTING STATUS AND OUTLOOK BY REGION 27
3.1 GLOBAL RAILWAY LIGHTING MARKET SIZE AND CAGR BY REGION: 2017 VS 2021 VS 2028 27
3.2 GLOBAL RAILWAY LIGHTING HISTORIC MARKET SIZE BY REGION 27
3.2.1 GLOBAL RAILWAY LIGHTING SALES IN VOLUME BY REGION (2017-2022) 27
3.2.2 GLOBAL RAILWAY LIGHTING SALES IN VALUE BY REGION (2017-2022) 28
3.2.3 GLOBAL RAILWAY LIGHTING SALES (VOLUME & VALUE) AND PRICE (2017-2022) 28
3.3 GLOBAL RAILWAY LIGHTING FORECASTED MARKET SIZE BY REGION 29
3.3.1 GLOBAL RAILWAY LIGHTING SALES IN VOLUME BY REGION (2023-2028) 29
3.3.2 GLOBAL RAILWAY LIGHTING SALES IN VALUE BY REGION (2023-2028) 29
3.3.3 GLOBAL RAILWAY LIGHTING SALES (VOLUME & VALUE) AND PRICE (2023-2028) 30
4 RAILWAY LIGHTING BY APPLICATION 31
4.1 RAILWAY LIGHTING MARKET SEGMENT BY APPLICATION 31
4.1.1 ORDINARY TRAIN 31
4.1.2 HIGH-SPEED TRAIN 32
4.2 GLOBAL RAILWAY LIGHTING MARKET SIZE BY APPLICATION 33
4.2.1 GLOBAL RAILWAY LIGHTING MARKET SIZE OVERVIEW BY APPLICATION (2017-2028) 34
4.2.2 GLOBAL RAILWAY LIGHTING HISTORIC MARKET SIZE REVIEW BY APPLICATION (2017-2022) 35
4.2.3 GLOBAL RAILWAY LIGHTING FORECASTED MARKET SIZE BY APPLICATION (2023-2028) 36
4.3 KEY REGIONS MARKET SIZE SEGMENT BY APPLICATION 37
4.3.1 NORTH AMERICA RAILWAY LIGHTING SALES BREAKDOWN BY APPLICATION (2017-2022) 37
4.3.2 EUROPE RAILWAY LIGHTING SALES BREAKDOWN BY APPLICATION (2017-2022) 39
4.3.3 ASIA-PACIFIC RAILWAY LIGHTING SALES BREAKDOWN BY APPLICATION (2017-2022) 40
4.3.4 LATIN AMERICA RAILWAY LIGHTING SALES BREAKDOWN BY APPLICATION (2017-2022) 42
4.3.5 MIDDLE EAST AND AFRICA RAILWAY LIGHTING SALES BREAKDOWN BY APPLICATION (2017-2022) 43
5 NORTH AMERICA RAILWAY LIGHTING BY COUNTRY 46
5.1 NORTH AMERICA RAILWAY LIGHTING HISTORIC MARKET SIZE BY COUNTRY 46
5.1.1 NORTH AMERICA RAILWAY LIGHTING SALES IN VOLUME BY COUNTRY (2017-2022) 46
5.1.2 NORTH AMERICA RAILWAY LIGHTING SALES IN VALUE BY COUNTRY (2017-2022) 46
5.2 NORTH AMERICA RAILWAY LIGHTING FORECASTED MARKET SIZE BY COUNTRY 47
5.2.1 NORTH AMERICA RAILWAY LIGHTING SALES IN VOLUME BY COUNTRY (2023-2028) 47
5.2.2 NORTH AMERICA RAILWAY LIGHTING SALES IN VALUE BY COUNTRY (2023-2028) 48
6 EUROPE RAILWAY LIGHTING BY COUNTRY 50
6.1 EUROPE RAILWAY LIGHTING HISTORIC MARKET SIZE BY COUNTRY 50
6.1.1 EUROPE RAILWAY LIGHTING SALES IN VOLUME BY COUNTRY (2017-2022) 50
6.1.2 EUROPE RAILWAY LIGHTING SALES IN VALUE BY COUNTRY (2017-2022) 50
6.2 EUROPE RAILWAY LIGHTING FORECASTED MARKET SIZE BY COUNTRY 51
6.2.1 EUROPE RAILWAY LIGHTING SALES IN VOLUME BY COUNTRY (2023-2028) 51
6.2.2 EUROPE RAILWAY LIGHTING SALES IN VALUE BY COUNTRY (2023-2028) 52
7 ASIA-PACIFIC RAILWAY LIGHTING BY REGION 54
7.1 ASIA-PACIFIC RAILWAY LIGHTING HISTORIC MARKET SIZE BY REGION 54
7.1.1 ASIA-PACIFIC RAILWAY LIGHTING SALES IN VOLUME BY REGION (2017-2022) 54
7.1.2 ASIA-PACIFIC RAILWAY LIGHTING SALES IN VALUE BY REGION (2017-2022) 54
7.2 ASIA-PACIFIC RAILWAY LIGHTING FORECASTED MARKET SIZE BY REGION 55
7.2.1 ASIA-PACIFIC RAILWAY LIGHTING SALES IN VOLUME BY REGION (2023-2028) 55
7.2.2 ASIA-PACIFIC RAILWAY LIGHTING SALES IN VALUE BY REGION (2023-2028) 56
8 LATIN AMERICA RAILWAY LIGHTING BY COUNTRY 58
8.1 LATIN AMERICA RAILWAY LIGHTING HISTORIC MARKET SIZE BY COUNTRY 58
8.1.1 LATIN AMERICA RAILWAY LIGHTING SALES IN VOLUME BY COUNTRY (2017-2022) 58
8.1.2 LATIN AMERICA RAILWAY LIGHTING SALES IN VALUE BY COUNTRY (2017-2022) 58
8.2 LATIN AMERICA RAILWAY LIGHTING FORECASTED MARKET SIZE BY COUNTRY 59
8.2.1 LATIN AMERICA RAILWAY LIGHTING SALES IN VOLUME BY COUNTRY (2023-2028) 59
8.2.2 LATIN AMERICA RAILWAY LIGHTING SALES IN VALUE BY COUNTRY (2023-2028) 60
9 MIDDLE EAST AND AFRICA RAILWAY LIGHTING BY COUNTRY 62
9.1 MIDDLE EAST AND AFRICA RAILWAY LIGHTING HISTORIC MARKET SIZE BY COUNTRY 62
9.1.1 MIDDLE EAST AND AFRICA RAILWAY LIGHTING SALES IN VOLUME BY COUNTRY (2017-2022) 62
9.1.2 MIDDLE EAST AND AFRICA RAILWAY LIGHTING SALES IN VALUE BY COUNTRY (2017-2022) 62
9.2 MIDDLE EAST AND AFRICA RAILWAY LIGHTING FORECASTED MARKET SIZE BY COUNTRY 63
9.2.1 MIDDLE EAST AND AFRICA RAILWAY LIGHTING SALES IN VOLUME BY COUNTRY (2023-2028) 63
9.2.2 MIDDLE EAST AND AFRICA RAILWAY LIGHTING SALES IN VALUE BY COUNTRY (2023-2028) 64
10 COMPANY PROFILES AND KEY FIGURES IN RAILWAY LIGHTING BUSINESS 66
10.1 SIGNIFY 66
10.1.1 SIGNIFY CORPORATION INFORMATION 66
10.1.2 SIGNIFY INTRODUCTION AND BUSINESS OVERVIEW 66
10.1.3 SIGNIFY RAILWAY LIGHTING SALES, REVENUE AND GROSS MARGIN (2017-2022) 67
10.1.4 SIGNIFY RAILWAY LIGHTING PRODUCTS OFFERED 67
10.2 OSRAM 68
10.2.1 OSRAM CORPORATION INFORMATION 68
10.2.2 OSRAM INTRODUCTION AND BUSINESS OVERVIEW 69
10.2.3 OSRAM RAILWAY LIGHTING SALES, REVENUE AND GROSS MARGIN (2017-2022) 69
10.2.4 OSRAM RAILWAY LIGHTING PRODUCTS OFFERED 70
10.3 PANASONIC 70
10.3.1 PANASONIC CORPORATION INFORMATION 70
10.3.2 PANASONIC INTRODUCTION AND BUSINESS OVERVIEW 71
10.3.3 PANASONIC RAILWAY LIGHTING SALES, REVENUE AND GROSS MARGIN (2017-2022) 71
10.3.4 PANASONIC RAILWAY LIGHTING PRODUCTS OFFERED 72
10.4 OPPLE 72
10.4.1 OPPLE CORPORATION INFORMATION 72
10.4.2 OPPLE INTRODUCTION AND BUSINESS OVERVIEW 73
10.4.3 OPPLE RAILWAY LIGHTING SALES, REVENUE AND GROSS MARGIN (2017-2022) 73
10.4.4 OPPLE RAILWAY LIGHTING PRODUCTS OFFERED 74
10.5 GRUPO ANTOLIN (CML) 74
10.5.1 GRUPO ANTOLIN (CML) CORPORATION INFORMATION 75
10.5.2 GRUPO ANTOLIN (CML) INTRODUCTION AND BUSINESS OVERVIEW 75
10.5.3 GRUPO ANTOLIN (CML) RAILWAY LIGHTING SALES, REVENUE AND GROSS MARGIN (2017-2022) 75
10.5.4 GRUPO ANTOLIN (CML) RAILWAY LIGHTING PRODUCTS OFFERED 76
10.6 TRILUX 76
10.6.1 TRILUX CORPORATION INFORMATION 76
10.6.2 TRILUX INTRODUCTION AND BUSINESS OVERVIEW 77
10.6.3 TRILUX RAILWAY LIGHTING SALES, REVENUE AND GROSS MARGIN (2017-2022) 77
10.6.4 TRILUX RAILWAY LIGHTING PRODUCTS OFFERED 78
10.7 TOSHIBA 78
10.7.1 TOSHIBA CORPORATION INFORMATION 79
10.7.2 TOSHIBA INTRODUCTION AND BUSINESS OVERVIEW 79
10.7.3 TOSHIBA RAILWAY LIGHTING SALES, REVENUE AND GROSS MARGIN (2017-2022) 80
10.7.4 TOSHIBA RAILWAY LIGHTING PRODUCTS OFFERED 80
10.8 TEKNOWARE 80
10.8.1 TEKNOWARE CORPORATION INFORMATION 80
10.8.2 TEKNOWARE INTRODUCTION AND BUSINESS OVERVIEW 81
10.8.3 TEKNOWARE RAILWAY LIGHTING SALES, REVENUE AND GROSS MARGIN (2017-2022) 81
10.8.4 TEKNOWARE RAILWAY LIGHTING PRODUCTS OFFERED 82
10.9 KOITO 83
10.9.1 KOITO CORPORATION INFORMATION 83
10.9.2 KOITO INTRODUCTION AND BUSINESS OVERVIEW 84
10.9.3 KOITO RAILWAY LIGHTING SALES, REVENUE AND GROSS MARGIN (2017-2022) 84
10.9.4 KOITO RAILWAY LIGHTING PRODUCTS OFFERED 84
10.10 IDEAL INDUSTRIES 85
10.10.1 IDEAL INDUSTRIES CORPORATION INFORMATION 86
10.10.2 IDEAL INDUSTRIES INTRODUCTION AND BUSINESS OVERVIEW 86
10.10.3 IDEAL INDUSTRIES RAILWAY LIGHTING SALES, REVENUE AND GROSS MARGIN (2017-2022) 87
10.10.4 IDEAL INDUSTRIES RAILWAY LIGHTING PRODUCTS OFFERED 87
10.10.5 IDEAL INDUSTRIES RECENT DEVELOPMENT 88
10.11 SHENZHEN HENGZHIYUAN ELECTRICAL APPLIANCE 88
10.11.1 SHENZHEN HENGZHIYUAN ELECTRICAL APPLIANCE CORPORATION INFORMATION 89
10.11.2 SHENZHEN HENGZHIYUAN ELECTRICAL APPLIANCE INTRODUCTION AND BUSINESS OVERVIEW 89
10.11.3 SHENZHEN HENGZHIYUAN ELECTRICAL APPLIANCE RAILWAY LIGHTING SALES, REVENUE AND GROSS MARGIN (2017-2022) 89
10.11.4 SHENZHEN HENGZHIYUAN ELECTRICAL APPLIANCE RAILWAY LIGHTING PRODUCTS OFFERED 90
10.12 SESALY 90
10.12.1 SESALY CORPORATION INFORMATION 90
10.12.2 SESALY INTRODUCTION AND BUSINESS OVERVIEW 91
10.12.3 SESALY RAILWAY LIGHTING SALES, REVENUE AND GROSS MARGIN (2017-2022) 91
10.12.4 SESALY RAILWAY LIGHTING PRODUCTS OFFERED 91
10.13 LECIP CORPORATION 92
10.13.1 LECIP CORPORATION CORPORATION INFORMATION 92
10.13.2 LECIP CORPORATION INTRODUCTION AND BUSINESS OVERVIEW 92
10.13.3 LECIP CORPORATION RAILWAY LIGHTING SALES, REVENUE AND GROSS MARGIN (2017-2022) 93
10.13.4 LECIP CORPORATION RAILWAY LIGHTING PRODUCTS OFFERED 93
10.14 LPA GROUP 94
10.14.1 LPA GROUP CORPORATION INFORMATION 94
10.14.2 LPA GROUP INTRODUCTION AND BUSINESS OVERVIEW 95
10.14.3 LPA GROUP RAILWAY LIGHTING SALES, REVENUE AND GROSS MARGIN (2017-2022) 95
10.14.4 LPA GROUP RAILWAY LIGHTING PRODUCTS OFFERED 96
11 UPSTREAM, OPPORTUNITIES, CHALLENGES, RISKS AND INFLUENCES FACTORS ANALYSIS 97
11.1 RAILWAY LIGHTING KEY RAW MATERIALS 97
11.1.1 KEY RAW MATERIALS 97
11.1.2 RAW MATERIALS KEY SUPPLIERS 97
11.2 MANUFACTURING COST STRUCTURE 98
11.2.1 RAW MATERIALS 98
11.2.2 LABOR COST 98
11.2.3 MANUFACTURING EXPENSES 98
11.3 RAILWAY LIGHTING INDUSTRIAL CHAIN ANALYSIS 99
11.4 RAILWAY LIGHTING MARKET DYNAMICS 99
11.4.1 RAILWAY LIGHTING INDUSTRY TRENDS 99
11.4.2 RAILWAY LIGHTING MARKET DRIVERS 100
11.4.3 RAILWAY LIGHTING MARKET CHALLENGES 100
11.4.4 RAILWAY LIGHTING MARKET RESTRAINTS 101
12 MARKETING STRATEGY ANALYSIS, DISTRIBUTORS 102
12.1 SALES CHANNEL 102
12.2 RAILWAY LIGHTING DOWNSTREAM CUSTOMERS 103
13 RESEARCH FINDINGS AND CONCLUSION 105
14 APPENDIX 106
14.1 RESEARCH METHODOLOGY 106
14.1.1 METHODOLOGY/RESEARCH APPROACH 106
14.1.2 DATA SOURCE 109
14.2 AUTHOR DETAILS 112
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Due to the COVID-19 pandemic, the global Railway Lighting market size was value at US$ 1364.33 million in 2021 and is forecast to be a readjusted size of US$ 1817.58 million by 2028 with a CAGR of 4.34% during the forecast period 2022-2028.
The global main manufacturers of Railway Lighting include Signify, OSRAM, Panasonic, Opple, Grupo Antolin, Trilux, Toshiba, Teknoware, Koito Electric Industries, Ltd., Ideal Industries(Cree), Shenzhen Heng Zhi Yuan Electrical Appliance Co, Ltd. and Sesaly etc. In 2021, the global six largest players have a share approximately 34.76% in terms of revenue.
The North America Railway Lighting market size was US$ 264.13 million in 2021, while China was about US$ 234.44 million. The proportion of the China was 17.18% in 2021 and it is predicted that the share will reach 18.66 % in 2028, trailing a CAGR of 5.50 % through the analysis period. As for the Europe Railway Lighting landscape, Germany is projected to reach US$ 119.00 million by 2028. and in Asia, the notable markets are Japan and South Korea, CAGR is 5.03 % and 4.63 % respectively for the next 6-year period.
Fully considering the economic change by the COVID-19, Interior Railway Lighting accounting for 26.67% of the Railway Lighting global market in 2021, is projected to value US$ 451.12 million by 2028, growing at a revised 3.25% CAGR from 2022 to 2028. While Ordinary Train segment is altered to an 4.55% CAGR throughout this forecast period and will hold a share about 35.42% in 2028.
QYResearch founded in California, USA in 2007.It is a leading global market research and consulting company. With over 15 years' experience and professional research team in various cities over the world，QY Research focuses on management consulting, database and seminar services, IPO consulting, industry chain research and customized research to help our clients in providing non-linear revenue model and make them successful. We are globally recognized for our expansive portfolio of services, good corporate citizenship, and our strong commitment to sustainability. Up to now, we have cooperated with more than 59,000 clients across five continents. Let's work closely with you and build a bold and better future.
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