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 2020, the industry is expected to continue growing as a result of gains in industrial production. Furthermore, emerging economies will continue to present potential markets for the industry... purchase to read more
Industry Report - Industry Products Chapter
The products and services offered by firms in the industry vary by size and the specialization of the manufacturer. Some companies specialize in freight or passenger locomotives and cars while others manufacture railways, or general equipment for railway track maintenance.
New and rebuilt diesel-electric locomotives and parts (excluding engines)
New and rebuilt diesel-electric locomotives and parts account for an estimated 32.2% of industry revenue; this industry does not manufacture locomotive engines (see IBISWorld report 33361a Engine and Turbine Manufacturing). A locomotive is a vehicle that provides the motive power for a train... purchase to read more