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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 provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

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 Locations Chapter

Unlike the related rail transport and rail transport support services, rail rolling stock is more concentrated in traditional manufacturing centers than population centers or transport hubs. The Mid-Atlantic has the highest concentration of train, subway and transit car manufacturers, with an estimated 26.5% of industry establishments. Some of the biggest locomotive manufacturers are located in Pennsylvania, including GE Transportation and Brookville Equipment Corporation. Pennsylvania alone has an estimated 17.5% of industry establishments.

The Great Lakes and Southeast regions have a high concentration of establishments, at 21.4% and 20.9%, respectively... 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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