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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 | Jun 2014

Back on track: Emerging economies overseas will provide growth opportunities

IBISWorld’s Train, Subway & Transit Car Manufacturing market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

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

The Train, Subway and Transit Car Manufacturing industry faced sharp demand declines during the worst of the recession; however, the next five years are expected to be better for the industry. In addition to benefiting from gains in industrial production and a shift toward sustainable infrastructure such as railroads, major players are increasingly looking overseas for growth opportunities. Emerging economies are growing at much faster rates than Western economies, presenting 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, 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 the 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.

Industry Products
New and rebuilt locomotives and parts (excluding engines)Freight railcarsStreet, subway and transit carsRailway maintenance and equipment
 
Industry Activities
locomotivesRebuilding of locomotivesrailroad cars and equipmenttransit cars and equipmentrailway track maintenance equipmentrailway and transit equipment


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