Working on Your Next Light Rail Project? Here’s What OEMs Need to Know

By Scott Anderson on 27 March, 2019

The global light rail industry is forecasted to reach $4.97 billion by 2026, growing at an annual rate of 9.8%. While Europe continues to maintain the highest market growth, the recent rise in light rail passengers across major U.S. cities has led to approvals for light rail extension projects throughout the country — expecting to drive market growth even further. Light rail vehicles produced by companies like Bombardier, Siemens, Kawasaki, Alstom, Ansaldo, Kinki Sharyo, CAF, etc. are expanding across the nation due to advancements in areas like noise reduction, comfort and safety.

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Topics: Manufacturing, Light Rail

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