Global Streetcar Market Overview:
Streetcar, also known as tram or trolley, is a rail vehicle that runs on tramway tracks along public urban streets operated usually in single units and usually driven by electric motor. It is usually lighter and shorter and lighter than main line and rapid transit trains. It provides a higher capacity service than buses. It can run on renewable electricity without the need for very expensive and short life batteries. Typically light rail systems attract between 30-40% of their patronage from former car trips.
Attributes | Details |
---|
Study Period | 2017-2027 |
Base Year | 2021 |
Forecast Period | 2022-2027 |
Historical Period | 2017-2021 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Streetcar Market Dynamics:
Attributes | Details |
---|
Growth Drivers | - Efficient and Overall Lower Operating Cost
- Provides a Higher Capacity Service than Buses
- Increasing Global Population Due To Vehicles
|
Restraints | - Capital Cost Is Higher Than For Buses
|
Road Blocks / Challenges | - Tram Tracks Can Be Hazardous For Cyclists
|
Gaps & Opportunities | - Growing World Population
- Increasing Demand from Developing Countries
- Government Initiatives to Strengthen the Transportation System
|
Competitive Landscape:
Some of the key players profiled in the report are General Electric (United States), Gomaco Trolley Company (United States), Alstom (France), Siemens (Germany), Hitachi Rail Italy (Italy), CAF (Spain), Bombardier Inc. (Canada), Inekon Trams (Czechia), Škoda Transportation (Czechia) and Kinki Sharyo (Japan). Additionally, following companies can also be profiled that are part of our coverage like Kawasaki Heavy Industries (Japan), Brookville Equipment Corporation (United States) and CSR Corporation Limited (China). Analyst at AMA Research see Global Vendors to retain maximum share of Global Streetcar market by 2027.
What Can be Explored with the Streetcar Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Streetcar Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Streetcar
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Streetcar market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Streetcar market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Streetcar Manufacturers, Research Professionals, Emerging Companies, Raw Material Suppliers/ Buyers, Distributors, Government Body & Associations and End-user.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.