Population growth, traffic congestion and expansion of cities have invariably called for a shift from private modes of conveyance to public transport such as metro trains. Metro trains are rapid transit systems used as a mode of transportation. They are used in metro cities or metropolitan areas that have a large population with high capacity and frequency. The increasing demand for metro trains is expected to indirectly spur the demand for metro train lighting.
Metro train lighting is used for various purposes in both external and internal applications such as finding track path, cabin interior and others. Furthermore, various types of lighting are used in rapid transit systems, such as halogen, fluorescent, xenon and LED.
However, the demand for LED lights is increasing in metro trains due to their low electricity consumption. Thus, the demand for LED lights is expected to proportionately will grow with the increase in the number of metro trains projects.
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FACTS AT A GLANCE
Companies: AB Inflatable Crafts,AB MARINE GROUP,Caribe Nautica ,Bombard,Demaree Inflatable Boats Inc.,Damen Shipyards Group.,Grand Marine International Inc. ,HIGHFIELD BOATS ,Mercury Marine
Coverage: All major geographies and key segments
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Segments: Inflatable Boat Market Segmented By Rigid and Soft Inflatable Boats Product with PVC, Polyurethane, Hypalon or CSM Materials in Fiberglass, Aluminum, Wood, Air Floors
Geographies: North America (U.S., Canada),Latin America (Mexico, Brazil, Argentina, Chile, Peru),Western Europe (Germany, Italy, France, U.K, Spain, BENELUX, Nordic, Eastern Europe),CIS and Russia,Asia-Pacific (China, India, ASEAN, South Korea),Japan,Middle East and Africa (GCC Countries, South Africa, Turkey, Iran, Israel)
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ABSTRACT-
Attributing to continuous growth in urban population, congestion on roads, private vehicle ownership and fragility of public transportation systems, the demand for urban transit systems is increasing day by day. Moreover, increasing air pollution has become a serious concern and transportation has added much to it. Therefore, metro trains have become a good viable option, which in turn will spur the demand for metro train lighting systems.
Also, regulations related metro train lights coupled with increase in demand for comfort & luxury to drive the for metro train lighting system market. In addition, advancement in lighting solutions offers a new business opportunity for metro lighting system manufacturers. However, lack of standardization and high production cost are major challenges for manufacturers for metro train lighting system market.
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