Industry Analysis & Industry Trends
The Train, Subway and Transit Car Manufacturing industry faced sharp demand declines during the worst of the recession. Overall, industry revenue fell during the five years to 2013. However, the next five years are expected to be better for the industry. In addition to benefitting from gains in industrial production and a shift toward sustainable infrastructure like 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 Investment Chapter
Businesses in this industry spend large sums of money on machinery, plants and equipment. Industry operators typically invest 33 cents of capital for every dollar of labor. Labor expenses include the wages, salaries and benefits paid to builders, repairers and administrative staff.
As a result of high levels of research and development (R&D), capital consistently replaces labor within this industry. Technologies, such as computer aided design software, are used to identify problems and solutions before equipment is manufactured. Although new capital technologies have been introduced, labor is required to manufacture goods and operate machinery and equipment.
Investment requirements have slowly declined over the past five years... purchase to read more