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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 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
$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 Analysis Chapter

Long neglected in the United States, the Rail Transportation industry (IBISWorld report 48211) has experienced somewhat of a renaissance in the past five years. In turn, the Train, Subway and Transit Car Manufacturing industry, which manufactures and rebuilds locomotives and parts (excluding engines), railroad cars and streetcars, along with railway track maintenance equipment, has experienced impressive growth. The “Buy America” provisions of the Federal Railroad Administration assure that a minimum of 60.0% of the value of the rolling stock subcomponents and railroad equipment sold in the United States must be produced domestically in order for a company to receive any federal funds... 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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