Industry Analysis & Industry Trends
China's railway transport system is owned and operated by the government, so government investment in rail transportation is crucial for the long-term development of the Railway Equipment Manufacturing industry in China. China's rail network is heavily overburdened, which hinders productivity and negatively impacts local businesses. Future government investment in rail infrastructure will greatly boost demand for rail transportation equipment.
China's Ministry of Railways is the main purchaser of industry products, which are largely supplied by two state-owned enterprises, China CNR Corporation Limited and China South Locomotive & Rolling Stock Corporation Limited. The dominance of these companies makes this industry a virtual duopoly; jointly, they account for about 90.0%... purchase to read more
Industry Report - Industry Products Chapter
Locomotives
Locomotives are estimated to account for 30.2% of industry revenue in 2012. This category includes electric, steam,and diesel locomotives.
Freight cars
Freight cars are expected to account for 25.0% of industry revenue. This segment includes covered cars, open-freight cars, hopper cars, railway flat cars, depressed-center flat cars, rail tankers for liquids and chemicals, subway trains, railway flat cars and rail tankers.
Passenger trains
Passenger trains are estimated to make up 17.2% of total industry revenue in 2012. This category includes single and double-decker passenger trains, sleeping cars, restaurant cars, mail vans, luggage vans and generator vans, with air-conditioning or ventilation... purchase to read more