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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 | Aug 2015

Back on track: The industry is expected to experience rapid growth as industrial production rises

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
$25bn
Annual Growth 10-15
15.5%
Annual Growth 15-20
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Profit
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Employment
34,679
Businesses
190
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 Investment Chapter

The US Train, Subway and Transit Car Manufacturing industry has a moderate level of capital intensity. Industry operators typically invest $0.24 on capital for every dollar spent on labor. Businesses in this industry spend large sums of money on machinery, plants and equipment as the manufacturing of rail cars, locomotives and parts requires expensive and complex machinery. However, wages made up 10.2% of revenue on average over the past five years. Though much of the manufacturing process can be automated, it still requires skilled workers for tasks such as riveting and welding. Combined, these factors indicate a moderate level of capital intensity for the industry... 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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