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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 | Mar 2016

Back on track: An increase in trade value will lead to moderate industry revenue growth

IBISWorld’s Train, Subway & Transit Car Manufacturing market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$24bn
Annual Growth 11-16
11.3%
Annual Growth 16-21
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Profit
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Employment
33,456
Businesses
181
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 Key Buyers Chapter

The top four companies in the industry hold a combined market share of 45.7%, indicative of a moderate level of concentration. Larger firms tend to dominate the market; however, an array of smaller players are still able to compete effectively. This is because the industry services multiple sectors with different needs. Large multinationals invest extensively in research and development for more complex products like locomotives and urban transit vehicles, while smaller companies are able to focus on relatively simpler products like freight cars. This allows smaller competitors like American Railcar Industries and The Greenbrier Companies to coexist with industry giants like GE and Siemens... 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
Diesel-electric locomotives and partsNon diesel-electric locomotives and partsNew freight railcarsNew street, subway and transit carsRebuilt cars, railway maintenance equipment and partsUnspecified railroad rolling stock manufacturing
 
Industry Activities
locomotivesRebuilding of locomotivesrailroad cars and equipmenttransit cars and equipmentrailway track maintenance equipmentrailway and transit equipment


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