Global Modern Tram Market Insights and Forecast to 2028

Modern trams are light rail vehicles that are driven by electricity and run on rails.Tram is a kind of public transportation, also known as street tram or simply tram, is a light rail.
Market Analysis and Insights: Global Modern Tram Market
Due to the COVID-19 pandemic, the global Modern Tram market size is estimated to be worth US$ million in 2022 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the review period. Fully considering the economic change by this health crisis, 70% Low Floor accounting for % of the Modern Tram global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Scenic Spot segment is altered to an % CAGR throughout this forecast period.
China Modern Tram market size is valued at US$ million in 2021, while the US and Europe Modern Tram are US$ million and US$ million, severally. The proportion of the US is % in 2021, while China and Europe are % and % respectively, and it is predicted that China proportion will reach % in 2028, trailing a CAGR of % through the analysis period. Japan, South Korea, and Southeast Asia are noteworthy markets in Asia, with CAGR %, %, and % respectively for the next 6-year period. As for the Europe Modern Tram landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period.
The global key manufacturers of Modern Tram include Škoda Transportation, Alstom, Siemens, Hitachi Rail Italy (Formerly AnsaldoBreda), CAF, Bombardier, Inekon Trams, General Electric and Kinki Sharyo, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
In terms of production side, this report researches the Modern Tram capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.
In terms of sales side, this report focuses on the sales of Modern Tram by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.
Global Modern Tram Scope and Segment
Modern Tram market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Modern Tram market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2017-2028.

Segment by Type
By Floor Height
70% Low Floor
100% Low Floor
By Power Supply System
Catenary Power Supply
Ground Power Supply
Energy Storage Power Supply
By Shape System
Steel Wheel Rail Type
Rubber Wheel + Guide Rail Type

Segment by Application
Scenic Spot
Urban Traffic

By Company
Škoda Transportation
Alstom
Siemens
Hitachi Rail Italy (Formerly AnsaldoBreda)
CAF
Bombardier
Inekon Trams
General Electric
Kinki Sharyo
Kawasaki
Brookville Equipment
General Motors
Transmashholding (TMH)
CRRC
Xinzhu
Production by Region
North America
Europe
China
Japan
South Korea
India
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE