Technology News & Trends

  Train Lighting Market : Introduction Trains are a highly preferred mode of commute; they are also witnessing rapid technological advances. The locomotive manufacturing industry has been expanding notable and witnessing a growth in the trend of consolidation for the last few years. This is due to an increase in competition in the market, which has prompted manufacturers to reposition themselves either by exiting the industry or by upgrading their position with the help of external growth. This competitive pressure realized by locomotive manufacturers across the globe was a key factor contributing to the increase in development of new products and integrated solutions for the locomotive industry. The dynamic nature of the locomotive manufacturing industry is, therefore, anticipated to significantly increase the demand for train lightings during the forecast period. Key Drivers and Opportunities of Global Train Lighting Market The railway sector significantly contributes to the glob...

Train Lighting Market – Internal and External Lighting Components of Trains Trains are one of the highly preferred modes of commute, and also a rapidly evolving technology The locomotive manufacturing industry, during the recent past, experienced noteworthy growth in the trend of consolidation. This was owing to the escalating competition in the market that enforced the market players to reposition themselves either by exiting the industry or by upgrading their position with the help of external growth. This competitive pressure realized by locomotive manufacturers across the globe was one of the key factors contributing to the increase in development of new products and integrated solutions for the locomotive industry The dynamic nature of the locomotive manufacturing industry is, therefore, anticipated to significantly increase the demand for train lightings, thus driving its market during the forecast period Rise in Government Investments to Drive Global Train Lighting Mar...