Overview of the global locomotive front lighting system market

Market research analysts at Technavio predict that the locomotive front lighting system market will grow steadily during the next four years and in terms of units, will post a CAGR of around 2% by 2021. This market research analysis identifies the increasing preference for energy efficient transport as one of the primary growth factors for this market. Fluctuating petroleum fuel prices and rising road congestions which leads to time and fuel wastages are driving the need for transporting freight through rail. The economy of freight transport by road is also hampered by cargo delay and productivity loss along with congested traffic gridlocks. Additionally, freight transport by rail is fuel efficient and can also transport a larger capacity of cargo along with less emissions as compared to road transport. As a result, the coming years will witness a considerable increase in demand for locomotive engines for freight transportation, subsequently fueling the demand for locomotive front lighting.

The market research report identifies the permanent installation of ditch lights as one of the primary trends behind the growth of the locomotive front lighting system market. In addition to being cost effective compared to the oscillating lights, ditch lights also prove to be effective in improving the visibility of the train by forming a triangle of light with its placement below the main headlamps. The Federal Railroad Administration (FRA) has already implemented regulations for installing ditch lights as a mandatory accessory on trains and also imposes a penalty on locomotives not using ditch lights.

Competitive landscape and key vendors

The market is highly competitive due to the presence of limited key players who are well established in the market. The vendors are currently focusing on expanding their consumer base and are also enhancing their investments in R&D. Technological advances and government regulations regarding the installation of locomotive front lighting system will further intensify the competition among the market players. OEMs are expected to get into long-term collaborations with vendors for developing energy-efficient lighting systems since the quality of materials and design are crucial factors that are unique to each vendor.

The leading vendors in the market are -

• General Electric
• OSRAM SYLVANIA
• Philips

The other prominent vendors in the market are AMGLO KEMLITE LABORATORIES, Railhead Corporation, and TransLight Corp.

Segmentation by application and analysis of the locomotive front lighting system market

• Diesel locomotive
• Electric locomotive

During 2016, the diesel locomotive segment dominated this market due to its strong presence in the global locomotive market. Factors such as the ability of the diesel locomotive to travel on both electrified as well as non-electrified rails whereas the services of electric locomotives are limited only to the networks with electrified rails will contribute to the growth of this industry segment in the coming years.

Geographical segmentation and analysis of the locomotive front lighting system market

• Americas
• APAC
• EMEA

This market study estimates that in terms of geographic regions, APAC will be the major revenue contributor to the market by 2021. The increasing focus of the countries in the region towards decreasing their dependence on roads to reduce pollution and transport costs that will subsequently fuel the demand for diesel and electric locomotives, will be a major factor propeling market growth. Additionally, the advances in locomotive technologies in China and the growing demand for cheap transportation facilities in countries such as India, will also fuel the growth of the locomotive front lighting system market in APAC in the next few years.

Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the global locomotive front lighting system market?
• What are the key market trends impacting the growth of the global locomotive front lighting system market?
• What are the challenges to market growth?
• Who are the key vendors in the global locomotive front lighting system market?
• What are the market opportunities and threats faced by the vendors in the global locomotive front lighting system market?
• Trending factors influencing the market shares of the Americas, APAC, and EMEA.
• What are the key outcomes of the five forces analysis of the global locomotive front lighting system market? 

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