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Train, Subway & Transit Car Manufacturing in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Train, Subway & Transit Car Manufacturing Market Research Report | NAICS 33651 | Nov 2014

Back on track: Emerging economies overseas will provide growth opportunities

The Train, Subway & Transit Car Manufacturing market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$16bn
Annual Growth 09-14
4.1%
Annual Growth 14-19
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Profit
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Employment
29,281
Businesses
177
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 during the five-year period, boosting growth for the industry through 2014. Additionally, emerging economies overseas increasingly invested in railway infrastructure development in the past five years, rising demand for industry exports. In the five years to 2019, the industry is expected to continue growing as a result of gains in industrial production. Furthermore, emerging economies will continue to present potential markets for the industry... purchase to read more

Industry Report - Industry Analysis Chapter

The Train, Subway and Transit Car Manufacturing industry manufactures and rebuilds locomotives and parts (excluding engines), railroad cars and streetcars, along with railway track maintenance equipment. In the early 20th century, the United States was charging ahead of the industry, producing some of the fastest and most efficient locomotives and railcars of that time. However, after World War II, the automobile captured the American dream, leaving the Train, Subway and Transit Car Manufacturing industry to slowly atrophy. Foreign manufacturers took hold of the market and, according to a report by the National Institute of Standards and Technology (NIST), "the US passenger rail was a poster child for a forsaken sector of the US economy" by the 1990s... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Train, Subway & Transit Car Manufacturing Industry?

Companies within this industry manufacture or rebuild locomotives and parts, railroad cars and streetcars, along with railway track maintenance equipment. Specific products include industrial, mining and railroad locomotives; railroad, light-rail, subway and transit cars; railroad rolling stock; and railroad equipment. This industry does not manufacture locomotive engines; see IBISWorld report 33361a Engine and Turbine Manufacturing in the United States.

Industry Products
New and rebuilt locomotives and parts (excluding engines)Freight railcars (new)Street, subway and transit cars (new)Cars (rebuilt) and Railway maintenance of equipment and parts (excluRailroad rolling stock manufacturing not specified by kind
 
Industry Activities
locomotivesRebuilding of locomotivesrailroad cars and equipmenttransit cars and equipmentrailway track maintenance equipmentrailway and transit equipment


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