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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 Key Buyers Chapter

The top four companies in the industry hold a combined market share of 45.2%, indicative of a moderate level of concentration within this industry. Larger industry firms tend to dominate the freight and transportation services market, while other industry players compete in other transportation markets and infrastructure-related businesses. The drop in levels of trade and commerce that were caused by the recession led to lower freight volumes. In response, industry operators shifted their focus to repairing existing railcars and locomotives and expanding their presence in emerging economies. These trends have caused industry players to look elsewhere for revenue growth... 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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