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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 can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

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 - Starting a New Business Chapter

The Train, Subway and Transit Car Manufacturing industry has high barriers to entry. Customers have increasingly demanded higher-quality accreditation, causing businesses that lack this accreditation to be restricted in the types of customer contracts they receive. Additionally, it is often costly or difficult for new entrants to the industry to gain the desirable accreditation. Another significant barrier to entry stems from establishing solid connections with supply chains. The major players in the industry wield significant market power and tend to have long term contracts to supply chains; new entrants may struggle if they do not have existing relationships with supply chain companies... 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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