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Railway Interior Lighting Market Size, Share, and COVID-19 Impact Analysis, By Light Type (LED, Xenon, Fluorescent, and Halogen) By Application (Passenger Rail and Freight Rail), By Sales Channel (OEM and Aftermarket), and Regional Forecast, 2024-2032
Report Format: PDF | Published Date: Ongoing | Report ID: FBI108319 | Status : UpcomingRailway interior lighting is referred to as one of the essential amenities inside the coaches as it provides a relaxing environment to the passenger. It is available in multiple varieties, including LED, fluorescent, and halogen. Interior lights have various applications, such as internal coaches, cabin, night, door, and reading lights. With the increasing need for calmness and comfort inside the train coaches, there has been a growing demand for advanced lighting systems specifically designed to enhance the ambience.
Governments increasing focus on energy savings solutions and the growing display and large screen backlighting market has significantly propelled the LED lighting markets. Recent technological advancements have focused on automated lighting systems. They are easy-to-install lighting strips with built-in batteries and efficient LED bulbs that illuminate the part of the coaches, improving the ambience.
With rising population density and urbanization, there is an increase in office goers, leading to heavy congestion in the roadways. Consumers are continuously shifting their commuting means to metros and railways to circumvent this chaos, significantly propelling the railway lighting market. Additionally, nations are investing heavily in developing transportation infrastructure, such as high-speed rail networks and metros, to provide quick and comfortable rides to passengers.
The growing awareness of environmental concerns is a driving factor making consumers shift toward shared transportation. As the overall railway industry is moving more toward electrification and automation, more is the use of advanced lighting, such as High-Intensity Discharge lamps (HID), to make the ride more relaxing and more convenient at the same time.
Impact of COVID-19 on the Railway Interior Lighting Market
The COVID-19 pandemic significantly impacted various industries, and the railway interior lighting market is no exception. With the virus outbreak, there was a substantial decline in the global demand for railway transportation. Travel restrictions, lockdowns, and social distancing measures reduced passenger numbers and freight movements, leading to a diminished need for new trains or renovations of existing ones, including their interior lighting systems. Railway operators and manufacturers faced financial challenges and uncertainties due to the decreased revenue streams during the pandemic. Consequently, many companies postponed new projects on scaled back investments in upgrading their train fleets, which would include improvements in interior lighting technologies.
Key Insights
The report will cover the following key insights:
- Key Industry Developments – Mergers, Acquisitions, and Partnerships
- Porter's Five Forces Analysis
- Technological Developments
- Impact of COVID-19 on the Railway interior lighting market
Analysis by Light Type
LED (Light Emitting Diode) technology is poised to lead the railway's interior lighting application owing to its impressive lifespan, lasting up to 25 times longer than traditional bulbs. In a demanding environment such as railways, where lighting operates for extended hours, LED lights' durability ensures reduced maintenance and replacement costs, making them a cost-effective choice in the long run. LED lights are free of harmful substances such as mercury found in fluorescent lamps.
Analysis by Application
The passenger train segment is anticipated to lead the interior lighting market. Interior lighting creates a pleasant ambiance during journeys, making it more appealing for passengers to choose trains over other transportation modes. LED lighting, mood lighting, smart lighting controls, and interactive lighting displays are becoming more prevalent in modern train interiors, attracting passengers and catering to their preferences.
Regional Analysis
Asia Pacific is predicted to dominate the railway interior lighting market over the coming years. The region has a robust technology sector, and countries in the region have demonstrated their capabilities in developing cutting-edge solutions. Asia Pacific countries have well-established manufacturing industries which can produce interior lighting components and systems at competitive prices. This technological prowess can translate into creating sophisticated, state-of-the-art interior lighting systems for railways. Additionally, Asia Pacific's growth is optimistic as Japan, China, and India are investing heavily to expand their railway infrastructure by introducing super fast rails, bullet trains, and metro for greater convenience for its commuters, resulting in a proliferation in the railway interior lighting market. Increasing regulations and stricter environmental norms are continuously pushing manufacturers to produce electric and automated rails, which extensively use advanced lighting to achieve aesthetic, safety, and high tech specification, resulting in a growth of the railway interior lighting market.
Key Players Covered
The report includes the profiles of key players such as Autolite Ltd., General Electric, Toshiba Corporation, Hitachi Ltd, Koito Manufacturing Co. Ltd., Federal-Mogul Corporation, Osram Licht AG, Teknoware, JB Industries, Kerala Electrical & Allied Engineering Co. Ltd., Green Site Products, North Star Lighting LLC, Bulbtronics and Bigston Manufacturing Corporation.
Segmentation
By Light Type | By Sales Channel | By Application | By Geography |
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Key Industry Developments
- May 2022 – Hitachi Rail introduced various new automation and digitalization advancements, including Railcar Telematics, Positive Train Control (PTC), Smart lighting, and Dispatching systems.
- Global
- 2023
- 2019-2022