DUBLIN, May 6, 2016 /PRNewswire/ --
Research and Markets has announced the addition of the "Global Light Rail Market 2016-2020" report to their offering.
This comprehensive report forecasts the global light rail market to grow at a CAGR of 4.76% during the period 2016-2020.
Commenting on the report, an analyst from the research team said: Developed and developing economies favors the adoption of PPP model for infrastructure projects financing and its implementation. The use of the PPP model in railway infrastructure projects for their funding and implementation provides cost savings and better risk sharing benefits. Private players enter into a long-term contracts with public or government authorities for delivery and maintenance of urban transit systems, thus providing greater certainty about timely delivery of projects as these contracts are set on target fulfillment basis to ensure payment.
According to the report, the growing urbanization and increased mobility have surged the demand for light rail vehicles (LRVs) and passenger coaches in the urban rail transit market. Urban rail transit comprises various types of light and high rail systems, which provide passengers services within or around urban areas. With the growing population moving toward the urban areas, the demand for an increase in transportation services has increased. This increase in demand will be fulfilled by an increase in production of rail supply components, thus enhancing the growth of the market.
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
Companies Mentioned Include:
- Construcciones Y Auxiliar De Ferrocarriles SA (CAF)
- CRRC Corporation
- Mitsubishi Electric
- Astra Rail
- DCD Rail
- OJSC Altaivagon
- PESA Bydgoszcz SA
- PKC Group
- Progress Rail Services
- Promtractor-Vagon CJSC
- SCG Solutions
- Sinara Transport Machines
- Skoda Transportation
- Stadler Rail Group
- Tatravagonka Poprad
- The Greenbrier Companies
- Trinity Industries
- Vossloh Group
- Wabtec Corporation
Key Topics Covered:
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Geographical segmentation
PART 07: Market drivers
PART 08: Impact of drivers
PART 09: Market challenges
PART 10: Impact of drivers and challenges
PART 11: Market trends
PART 12: Vendor landscape
PART 13: Appendix
PART 14: About the Author
For more information visit http://www.researchandmarkets.com/research/p4plhg/global_light_rail
Research and Markets
Laura Wood, Senior Manager
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SOURCE Research and Markets