Global Current Collector for Light Rail Train (LRT) Market 2026 by Manufacturers, Regions, Type and Application, Forecast to 2032
Description
According to our (Global Info Research) latest study, the global Current Collector for Light Rail Train (LRT) market size was valued at US$ 67.1 million in 2025 and is forecast to a readjusted size of US$ 85.17 million by 2032 with a CAGR of 3.5% during review period.
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 Sécheron, 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 is a detailed and comprehensive analysis for global Current Collector for Light Rail Train (LRT) market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Current Collector for Light Rail Train (LRT) market size and forecasts, in consumption value ($ Million), sales quantity (Units), and average selling prices (US$/Unit), 2021-2032
Global Current Collector for Light Rail Train (LRT) market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Units), and average selling prices (US$/Unit), 2021-2032
Global Current Collector for Light Rail Train (LRT) market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Units), and average selling prices (US$/Unit), 2021-2032
Global Current Collector for Light Rail Train (LRT) market shares of main players, shipments in revenue ($ Million), sales quantity (Units), and ASP (US$/Unit), 2021-2026
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Current Collector for Light Rail Train (LRT)
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Current Collector for Light Rail Train (LRT) market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Wabtec Corporation, Sécheron, Schunk Group, Mersen, Hall Industries, Hunan Zhongtong Electric, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Current Collector for Light Rail Train (LRT) market is split by Type and by Application. For the period 2021-2032, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Top-Running
Bottom-Running
Side-Running
Market segment by Application
Aboveground LRT
Underground LRT
Major players covered
Wabtec Corporation
Sécheron
Schunk Group
Mersen
Hall Industries
Hunan Zhongtong Electric
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Current Collector for Light Rail Train (LRT) product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Current Collector for Light Rail Train (LRT), with price, sales quantity, revenue, and global market share of Current Collector for Light Rail Train (LRT) from 2021 to 2026.
Chapter 3, the Current Collector for Light Rail Train (LRT) competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Current Collector for Light Rail Train (LRT) breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2021 to 2032.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2021 to 2032.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2021 to 2026.and Current Collector for Light Rail Train (LRT) market forecast, by regions, by Type, and by Application, with sales and revenue, from 2027 to 2032.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Current Collector for Light Rail Train (LRT).
Chapter 14 and 15, to describe Current Collector for Light Rail Train (LRT) sales channel, distributors, customers, research findings and conclusion.
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 Sécheron, 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 is a detailed and comprehensive analysis for global Current Collector for Light Rail Train (LRT) market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Current Collector for Light Rail Train (LRT) market size and forecasts, in consumption value ($ Million), sales quantity (Units), and average selling prices (US$/Unit), 2021-2032
Global Current Collector for Light Rail Train (LRT) market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Units), and average selling prices (US$/Unit), 2021-2032
Global Current Collector for Light Rail Train (LRT) market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Units), and average selling prices (US$/Unit), 2021-2032
Global Current Collector for Light Rail Train (LRT) market shares of main players, shipments in revenue ($ Million), sales quantity (Units), and ASP (US$/Unit), 2021-2026
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Current Collector for Light Rail Train (LRT)
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Current Collector for Light Rail Train (LRT) market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Wabtec Corporation, Sécheron, Schunk Group, Mersen, Hall Industries, Hunan Zhongtong Electric, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Current Collector for Light Rail Train (LRT) market is split by Type and by Application. For the period 2021-2032, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Top-Running
Bottom-Running
Side-Running
Market segment by Application
Aboveground LRT
Underground LRT
Major players covered
Wabtec Corporation
Sécheron
Schunk Group
Mersen
Hall Industries
Hunan Zhongtong Electric
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Current Collector for Light Rail Train (LRT) product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Current Collector for Light Rail Train (LRT), with price, sales quantity, revenue, and global market share of Current Collector for Light Rail Train (LRT) from 2021 to 2026.
Chapter 3, the Current Collector for Light Rail Train (LRT) competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Current Collector for Light Rail Train (LRT) breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2021 to 2032.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2021 to 2032.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2021 to 2026.and Current Collector for Light Rail Train (LRT) market forecast, by regions, by Type, and by Application, with sales and revenue, from 2027 to 2032.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Current Collector for Light Rail Train (LRT).
Chapter 14 and 15, to describe Current Collector for Light Rail Train (LRT) sales channel, distributors, customers, research findings and conclusion.
Table of Contents
86 Pages
- 1 Market Overview
- 2 Manufacturers Profiles
- 3 Competitive Environment: Current Collector for Light Rail Train (LRT) by Manufacturer
- 4 Consumption Analysis by Region
- 5 Market Segment by Type
- 6 Market Segment by Application
- 7 North America
- 8 Europe
- 9 Asia-Pacific
- 10 South America
- 11 Middle East & Africa
- 12 Market Dynamics
- 13 Raw Material and Industry Chain
- 14 Shipments by Distribution Channel
- 15 Research Findings and Conclusion
- 16 Appendix
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