The global market for Current Collector for Light Rail Train (LRT) was estimated to be worth US$ 54.7 million in 2024 and is forecast to a readjusted size of US$ 80.6 million by 2031 with a CAGR of 3.6% during the forecast period 2025-2031.
This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on Current Collector for Light Rail Train (LRT) cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.
Current collectors are used by trolleybuses, trams, light rail, electric locomotives or EMUs to carry electrical power from overhead lines or electrical third rails to the electrical equipment of the vehicles. Light rail transit is a form of passenger urban rail transit characterized by a combination of tram and metro features. While its rolling stock is more similar to a traditional tram, it operates at a higher capacity and speed.
Wabtec Corporation is one of the biggest global key manufacturers of current collector for light rail train (LRT), holds a share of over 30%, other key manufacturers include Secheron, Schunk Group, and Mersen, etc. Europe is the largest market, occupied for about 40 percent, followed by North America. In terms of type, top-running type is the largest segment, with a share of about 60%, and in terms of application, the aboveground LRT segment holds a share of over 70 percent.
Analysis of market drivers for current collectors for light rail:
1. Policy support and industry standard promotion
Urban rail transit construction plan
The 14th Five-Year Plan clearly supports the development of urban rail transit, focusing on the layout of central and western regions and third- and fourth-tier cities, and promoting the construction of medium and low-capacity systems such as light rail and trams. The national light rail operating mileage is expected to reach 12,335 kilometers in 2025, with an average annual compound growth rate of about 11.1%.
National level policies: For example, the "14th Five-Year Plan for the Development of Modern Comprehensive Transportation System" proposes that by 2025, the integrated development of comprehensive transportation will be achieved, and breakthroughs will be made in intelligence and greening, which will directly drive the demand for light rail equipment.
Promoted by environmental protection policies
Under the global "dual carbon" goal, light rail, as a green travel mode, has been valued by governments of various countries. For example, Shenzhen Metro has achieved the combination of green rail transit and commercial value through photovoltaic power supply and TOD development.
Industry standards and certification
Standards such as EU TSI and China Railway Product Certification ensure the safety and compatibility of current collectors and promote market standardization. For example, CRRC meets the localization rate requirements and reduces construction costs through technological innovation.
2. Technological innovation and product iteration upgrade
Breakthrough in material science
Carbon skateboard and pantograph: use highly wear-resistant and conductive materials to extend service life and reduce maintenance costs.
Intelligent integration: integrated sensors and remote monitoring systems to achieve real-time fault diagnosis and predictive maintenance.
Modular design
Modular collectors support rapid replacement, reduce light rail operation interruption time, and improve system availability.
Green technology integration
Hydrogen energy and supercapacitor technology are applied to light rail vehicles to promote the development of collectors towards high efficiency and zero emissions.
3. Market demand continues to grow
Accelerated urbanization process
As the global urbanization rate increases, urban traffic pressure increases. As a medium and low volume solution, light rail continues to grow in demand. The scale of China's light rail market is expected to exceed 800 billion yuan in 2025 and exceed 1.2 trillion yuan in 2030.
Upgrade and transformation of existing lines
The aging of light rail systems in mature markets (such as Europe and North America) has given rise to the demand for replacement and upgrading of collectors.
Expansion of emerging markets
Light rail construction in Southeast Asia, Africa and other regions has accelerated, and companies such as CRRC and Zhuzhou Times have seized market share through cost-effective advantages.
The growth of the current collector market for light rail is driven by policy support, technological innovation, demand expansion, intensified competition and cost-effectiveness. In the future, companies need to focus on green and intelligent technologies, deepen industrial chain cooperation, and seize opportunities in emerging markets to cope with cost pressure and technological barriers and consolidate their market position. With the expansion of the global light rail network and technological iteration, the current collector market will usher in a broader development space.
This report aims to provide a comprehensive presentation of the global market for Current Collector for Light Rail Train (LRT), focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Current Collector for Light Rail Train (LRT) by region & country, by Type, and by Application.
The Current Collector for Light Rail Train (LRT) market size, estimations, and forecasts are provided in terms of sales volume (Units) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Current Collector for Light Rail Train (LRT).
Market Segmentation
By Company
- Wabtec Corporation
- Secheron
- Schunk Group
- Mersen
- Hall Industries
- Hunan Zhongtong Electric
Segment by Type
- Top-Running
- Bottom-Running
- Side-Running
Segment by Application
- Aboveground LRT
- Underground LRT
By Region
- North America
- Asia-Pacific
- China
- Japan
- South Korea
- Southeast Asia
- India
- Australia
- Rest of Asia-Pacific
- Europe
- Germany
- France
- U.K.
- Italy
- Netherlands
- Nordic Countries
- Rest of Europe
- Latin America
- Mexico
- Brazil
- Rest of Latin America
- Middle East & Africa
- Turkey
- Saudi Arabia
- UAE
- Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Current Collector for Light Rail Train (LRT) manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Current Collector for Light Rail Train (LRT) in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Current Collector for Light Rail Train (LRT) in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
Table of Contents
1 Market Overview
- 1.1 Current Collector for Light Rail Train (LRT) Product Introduction
- 1.2 Global Current Collector for Light Rail Train (LRT) Market Size Forecast
- 1.2.1 Global Current Collector for Light Rail Train (LRT) Sales Value (2020-2031)
- 1.2.2 Global Current Collector for Light Rail Train (LRT) Sales Volume (2020-2031)
- 1.2.3 Global Current Collector for Light Rail Train (LRT) Sales Price (2020-2031)
- 1.3 Current Collector for Light Rail Train (LRT) Market Trends & Drivers
- 1.3.1 Current Collector for Light Rail Train (LRT) Industry Trends
- 1.3.2 Current Collector for Light Rail Train (LRT) Market Drivers & Opportunity
- 1.3.3 Current Collector for Light Rail Train (LRT) Market Challenges
- 1.3.4 Current Collector for Light Rail Train (LRT) Market Restraints
- 1.4 Assumptions and Limitations
- 1.5 Study Objectives
- 1.6 Years Considered
2 Competitive Analysis by Company
- 2.1 Global Current Collector for Light Rail Train (LRT) Players Revenue Ranking (2024)
- 2.2 Global Current Collector for Light Rail Train (LRT) Revenue by Company (2020-2025)
- 2.3 Global Current Collector for Light Rail Train (LRT) Players Sales Volume Ranking (2024)
- 2.4 Global Current Collector for Light Rail Train (LRT) Sales Volume by Company Players (2020-2025)
- 2.5 Global Current Collector for Light Rail Train (LRT) Average Price by Company (2020-2025)
- 2.6 Key Manufacturers Current Collector for Light Rail Train (LRT) Manufacturing Base and Headquarters
- 2.7 Key Manufacturers Current Collector for Light Rail Train (LRT) Product Offered
- 2.8 Key Manufacturers Time to Begin Mass Production of Current Collector for Light Rail Train (LRT)
- 2.9 Current Collector for Light Rail Train (LRT) Market Competitive Analysis
- 2.9.1 Current Collector for Light Rail Train (LRT) Market Concentration Rate (2020-2025)
- 2.9.2 Global 5 and 10 Largest Manufacturers by Current Collector for Light Rail Train (LRT) Revenue in 2024
- 2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Current Collector for Light Rail Train (LRT) as of 2024)
- 2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
- 3.1 Introduction by Type
- 3.1.1 Top-Running
- 3.1.2 Bottom-Running
- 3.1.3 Side-Running
- 3.2 Global Current Collector for Light Rail Train (LRT) Sales Value by Type
- 3.2.1 Global Current Collector for Light Rail Train (LRT) Sales Value by Type (2020 VS 2024 VS 2031)
- 3.2.2 Global Current Collector for Light Rail Train (LRT) Sales Value, by Type (2020-2031)
- 3.2.3 Global Current Collector for Light Rail Train (LRT) Sales Value, by Type (%) (2020-2031)
- 3.3 Global Current Collector for Light Rail Train (LRT) Sales Volume by Type
- 3.3.1 Global Current Collector for Light Rail Train (LRT) Sales Volume by Type (2020 VS 2024 VS 2031)
- 3.3.2 Global Current Collector for Light Rail Train (LRT) Sales Volume, by Type (2020-2031)
- 3.3.3 Global Current Collector for Light Rail Train (LRT) Sales Volume, by Type (%) (2020-2031)
- 3.4 Global Current Collector for Light Rail Train (LRT) Average Price by Type (2020-2031)
4 Segmentation by Application
- 4.1 Introduction by Application
- 4.1.1 Aboveground LRT
- 4.1.2 Underground LRT
- 4.2 Global Current Collector for Light Rail Train (LRT) Sales Value by Application
- 4.2.1 Global Current Collector for Light Rail Train (LRT) Sales Value by Application (2020 VS 2024 VS 2031)
- 4.2.2 Global Current Collector for Light Rail Train (LRT) Sales Value, by Application (2020-2031)
- 4.2.3 Global Current Collector for Light Rail Train (LRT) Sales Value, by Application (%) (2020-2031)
- 4.3 Global Current Collector for Light Rail Train (LRT) Sales Volume by Application
- 4.3.1 Global Current Collector for Light Rail Train (LRT) Sales Volume by Application (2020 VS 2024 VS 2031)
- 4.3.2 Global Current Collector for Light Rail Train (LRT) Sales Volume, by Application (2020-2031)
- 4.3.3 Global Current Collector for Light Rail Train (LRT) Sales Volume, by Application (%) (2020-2031)
- 4.4 Global Current Collector for Light Rail Train (LRT) Average Price by Application (2020-2031)
5 Segmentation by Region
- 5.1 Global Current Collector for Light Rail Train (LRT) Sales Value by Region
- 5.1.1 Global Current Collector for Light Rail Train (LRT) Sales Value by Region: 2020 VS 2024 VS 2031
- 5.1.2 Global Current Collector for Light Rail Train (LRT) Sales Value by Region (2020-2025)
- 5.1.3 Global Current Collector for Light Rail Train (LRT) Sales Value by Region (2026-2031)
- 5.1.4 Global Current Collector for Light Rail Train (LRT) Sales Value by Region (%), (2020-2031)
- 5.2 Global Current Collector for Light Rail Train (LRT) Sales Volume by Region
- 5.2.1 Global Current Collector for Light Rail Train (LRT) Sales Volume by Region: 2020 VS 2024 VS 2031
- 5.2.2 Global Current Collector for Light Rail Train (LRT) Sales Volume by Region (2020-2025)
- 5.2.3 Global Current Collector for Light Rail Train (LRT) Sales Volume by Region (2026-2031)
- 5.2.4 Global Current Collector for Light Rail Train (LRT) Sales Volume by Region (%), (2020-2031)
- 5.3 Global Current Collector for Light Rail Train (LRT) Average Price by Region (2020-2031)
- 5.4 North America
- 5.4.1 North America Current Collector for Light Rail Train (LRT) Sales Value, 2020-2031
- 5.4.2 North America Current Collector for Light Rail Train (LRT) Sales Value by Country (%), 2024 VS 2031
- 5.5 Europe
- 5.5.1 Europe Current Collector for Light Rail Train (LRT) Sales Value, 2020-2031
- 5.5.2 Europe Current Collector for Light Rail Train (LRT) Sales Value by Country (%), 2024 VS 2031
- 5.6 Asia Pacific
- 5.6.1 Asia Pacific Current Collector for Light Rail Train (LRT) Sales Value, 2020-2031
- 5.6.2 Asia Pacific Current Collector for Light Rail Train (LRT) Sales Value by Region (%), 2024 VS 2031
- 5.7 South America
- 5.7.1 South America Current Collector for Light Rail Train (LRT) Sales Value, 2020-2031
- 5.7.2 South America Current Collector for Light Rail Train (LRT) Sales Value by Country (%), 2024 VS 2031
- 5.8 Middle East & Africa
- 5.8.1 Middle East & Africa Current Collector for Light Rail Train (LRT) Sales Value, 2020-2031
- 5.8.2 Middle East & Africa Current Collector for Light Rail Train (LRT) Sales Value by Country (%), 2024 VS 2031
6 Segmentation by Key Countries/Regions
- 6.1 Key Countries/Regions Current Collector for Light Rail Train (LRT) Sales Value Growth Trends, 2020 VS 2024 VS 2031
- 6.2 Key Countries/Regions Current Collector for Light Rail Train (LRT) Sales Value and Sales Volume
- 6.2.1 Key Countries/Regions Current Collector for Light Rail Train (LRT) Sales Value, 2020-2031
- 6.2.2 Key Countries/Regions Current Collector for Light Rail Train (LRT) Sales Volume, 2020-2031
- 6.3 United States
- 6.3.1 United States Current Collector for Light Rail Train (LRT) Sales Value, 2020-2031
- 6.3.2 United States Current Collector for Light Rail Train (LRT) Sales Value by Type (%), 2024 VS 2031
- 6.3.3 United States Current Collector for Light Rail Train (LRT) Sales Value by Application, 2024 VS 2031
- 6.4 Europe
- 6.4.1 Europe Current Collector for Light Rail Train (LRT) Sales Value, 2020-2031
- 6.4.2 Europe Current Collector for Light Rail Train (LRT) Sales Value by Type (%), 2024 VS 2031
- 6.4.3 Europe Current Collector for Light Rail Train (LRT) Sales Value by Application, 2024 VS 2031
- 6.5 China
- 6.5.1 China Current Collector for Light Rail Train (LRT) Sales Value, 2020-2031
- 6.5.2 China Current Collector for Light Rail Train (LRT) Sales Value by Type (%), 2024 VS 2031
- 6.5.3 China Current Collector for Light Rail Train (LRT) Sales Value by Application, 2024 VS 2031
- 6.6 Japan
- 6.6.1 Japan Current Collector for Light Rail Train (LRT) Sales Value, 2020-2031
- 6.6.2 Japan Current Collector for Light Rail Train (LRT) Sales Value by Type (%), 2024 VS 2031
- 6.6.3 Japan Current Collector for Light Rail Train (LRT) Sales Value by Application, 2024 VS 2031
- 6.7 South Korea
- 6.7.1 South Korea Current Collector for Light Rail Train (LRT) Sales Value, 2020-2031
- 6.7.2 South Korea Current Collector for Light Rail Train (LRT) Sales Value by Type (%), 2024 VS 2031
- 6.7.3 South Korea Current Collector for Light Rail Train (LRT) Sales Value by Application, 2024 VS 2031
- 6.8 Southeast Asia
- 6.8.1 Southeast Asia Current Collector for Light Rail Train (LRT) Sales Value, 2020-2031
- 6.8.2 Southeast Asia Current Collector for Light Rail Train (LRT) Sales Value by Type (%), 2024 VS 2031
- 6.8.3 Southeast Asia Current Collector for Light Rail Train (LRT) Sales Value by Application, 2024 VS 2031
- 6.9 India
- 6.9.1 India Current Collector for Light Rail Train (LRT) Sales Value, 2020-2031
- 6.9.2 India Current Collector for Light Rail Train (LRT) Sales Value by Type (%), 2024 VS 2031
- 6.9.3 India Current Collector for Light Rail Train (LRT) Sales Value by Application, 2024 VS 2031
7 Company Profiles
- 7.1 Wabtec Corporation
- 7.1.1 Wabtec Corporation Company Information
- 7.1.2 Wabtec Corporation Introduction and Business Overview
- 7.1.3 Wabtec Corporation Current Collector for Light Rail Train (LRT) Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.1.4 Wabtec Corporation Current Collector for Light Rail Train (LRT) Product Offerings
- 7.1.5 Wabtec Corporation Recent Development
- 7.2 Secheron
- 7.2.1 Secheron Company Information
- 7.2.2 Secheron Introduction and Business Overview
- 7.2.3 Secheron Current Collector for Light Rail Train (LRT) Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.2.4 Secheron Current Collector for Light Rail Train (LRT) Product Offerings
- 7.2.5 Secheron Recent Development
- 7.3 Schunk Group
- 7.3.1 Schunk Group Company Information
- 7.3.2 Schunk Group Introduction and Business Overview
- 7.3.3 Schunk Group Current Collector for Light Rail Train (LRT) Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.3.4 Schunk Group Current Collector for Light Rail Train (LRT) Product Offerings
- 7.3.5 Schunk Group Recent Development
- 7.4 Mersen
- 7.4.1 Mersen Company Information
- 7.4.2 Mersen Introduction and Business Overview
- 7.4.3 Mersen Current Collector for Light Rail Train (LRT) Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.4.4 Mersen Current Collector for Light Rail Train (LRT) Product Offerings
- 7.4.5 Mersen Recent Development
- 7.5 Hall Industries
- 7.5.1 Hall Industries Company Information
- 7.5.2 Hall Industries Introduction and Business Overview
- 7.5.3 Hall Industries Current Collector for Light Rail Train (LRT) Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.5.4 Hall Industries Current Collector for Light Rail Train (LRT) Product Offerings
- 7.5.5 Hall Industries Recent Development
- 7.6 Hunan Zhongtong Electric
- 7.6.1 Hunan Zhongtong Electric Company Information
- 7.6.2 Hunan Zhongtong Electric Introduction and Business Overview
- 7.6.3 Hunan Zhongtong Electric Current Collector for Light Rail Train (LRT) Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.6.4 Hunan Zhongtong Electric Current Collector for Light Rail Train (LRT) Product Offerings
- 7.6.5 Hunan Zhongtong Electric Recent Development
8 Industry Chain Analysis
- 8.1 Current Collector for Light Rail Train (LRT) Industrial Chain
- 8.2 Current Collector for Light Rail Train (LRT) Upstream Analysis
- 8.2.1 Key Raw Materials
- 8.2.2 Raw Materials Key Suppliers
- 8.2.3 Manufacturing Cost Structure
- 8.3 Midstream Analysis
- 8.4 Downstream Analysis (Customers Analysis)
- 8.5 Sales Model and Sales Channels
- 8.5.1 Current Collector for Light Rail Train (LRT) Sales Model
- 8.5.2 Sales Channel
- 8.5.3 Current Collector for Light Rail Train (LRT) Distributors
9 Research Findings and Conclusion
10 Appendix
- 10.1 Research Methodology
- 10.1.1 Methodology/Research Approach
- 10.1.1.1 Research Programs/Design
- 10.1.1.2 Market Size Estimation
- 10.1.1.3 Market Breakdown and Data Triangulation
- 10.1.2 Data Source
- 10.1.2.1 Secondary Sources
- 10.1.2.2 Primary Sources
- 10.2 Author Details
- 10.3 Disclaimer