Industry Analysis & Industry Trends
As the economy began to recover, so did the Train, Subway and Transit Car Manufacturing industry. The industry's key drivers, including total trade value, demand from rail transportation, the industrial production index and federal funding for transportation, all grew over the past five years, supporting industry revenue growth. Additionally, emerging economies overseas increasingly invested in railway infrastructure development, boosting demand for industry exports. In the five years to 2021, the industry is expected to continue growing as a result of rising trade value. Furthermore, emerging economies will continue to present potential markets for the industry... purchase to read more
Industry Report - Industry Locations Chapter
Unlike the related rail transport and rail transport support services, rail rolling stock is more concentrated in traditional manufacturing centers than population centers or transport hubs. The Mid-Atlantic has the highest concentration of train, subway and transit car manufacturers, with an estimated 26.5% of industry establishments. Some of the biggest locomotive manufacturers are located in Pennsylvania, including GE Transportation and Brookville Equipment Corporation. Pennsylvania alone has an estimated 17.5% of industry establishments.
The Great Lakes and Southeast regions have a high concentration of establishments, at 21.4% and 20.9%, respectively... purchase to read more