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Global Locomotive Front Lighting System Market to Grow at a CAGR of 1.88% During the Period 2017 - 2021; Finds New Report

Market Research Reports, Inc. has announced the addition of “Global Locomotive Front Lighting System Market 2017 - 2021” research report to their website


Lewes, DE -- (SBWIRE) -- 05/01/2017 -- Report forecast the global locomotive front lighting system market to grow at a CAGR of 1.88% during the period 2017-2021.

Lighting systems are mainly used for providing visual convenience during night travels and for representing different signals in a locomotive. Lighting systems for locomotives are different from the conventional lighting systems used in automotive, aircraft, or marine applications. Front lighting systems developed for locomotives must be able to function effectively in harsh weather conditions like snow and fog, wherein the possibility of the light lamp getting covered by snow or ice is high.

In addition, the locomotive headlamps are subject to vibrations from the locomotive. Hence, the locomotive front lighting systems are made to withstand vibrations and provide illumination as well as signaling. The European Commission has formulated a number of regulations governing the electronics used for locomotive lighting systems and luminosity of the locomotive headlamps.

The report covers the present scenario and the growth prospects of the global locomotive front lighting system market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of locomotive front lighting systems.

The market is divided into the following segments based on geography:
- Americas

According to the report, public transportation provides comfortable and cheaper means of travel wherein the passengers can avoid difficulties of negotiating through heavy traffic conditions on the road. In addition, governments are encouraging the use of public transport for reducing the number of vehicles on the roads and thereby reduce traffic congestion and vehicular pollution. Government bodies are developing alternative modes of cheap public transport to decrease the dependency of public on roads.

Further, the report states that the majority of the freight is transported by the roads. Roads offer the convenience of connectivity that cannot be guaranteed in the case of rail. Rails have limited loading and unloading stations, which greatly discourages freight operators from opting for railroads for freight transport. In addition, the additional costs incurred in loading and unloading of cargo at the train stations and transportation for connecting warehouses to the railway stations are driving operators to opt for road freight transport.

Global Locomotive Front Lighting System Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the global locomotive front lighting system market: General Electric, OSRAM SYLVANIA, and Philips

Other Prominent Vendors in the market are: AMGLO KEMLITE LABORATORIES, Railhead Corporation, and TransLight Corp

Market driver
- Increasing government expenditure into developing public transport
- For a full, detailed list, view our report

Market challenge
- Rising preference for alternative modes of personal mobility
- For a full, detailed list, view our report

Market trend
- Locomotives to phase out emergency lighting and classification lighting
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2021 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?

Spanning over 70 pages and 34 Exhibits "Global Locomotive Front Lighting System Market 2017 - 2021" report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, Market segmentation by application, Market segmentation by geography, Key leading countries, Decision framework, Drivers and challenges, Market trends, Vendor landscape, Key vendor analysis, Appendix.

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