IBISWorld’s Railway Equipment Manufacturing market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.


Industry Analysis & Industry Trends

China's railway transport system is owned and operated by the government. As a result, government investment in rail transportation is crucial for the long-term development of the Railway Equipment Manufacturing industry.

China's Ministry of Railways is the main purchaser of industry products, which are largely supplied by state-owned operator, CRRC Corporation Limited. The dominance of the company makes this industry a virtual duopoly; together, it accounts for about 87.3% of total industry revenue.

A recovery in government railway investment and growing demand for railway products will lead to an increase in revenue. Industry revenue in 2017 is estimated to total $32.0 billion, up 3.6% from 2016, and reflecting annualized growth of 5.2% over the past five years...

Industry Report - Industry SWOT Analysis Chapter

In the decade to 2022, industry value added is expected to grow at an annualized rate of 4.0%, lower than GDP growth during the same period of about 6.5% annually.

Technology is improving in this industry. China has introduced the world's most advanced technologies for rail transportation equipment, including passenger trains, freight trains and locomotives. Domestic enterprises have also invested heavily in research and development activities. Companies are developing new railway equipment of high quality and speed. Some domestic enterprises have formed partnerships with foreign manufacturers to develop new products.


Additional Insights for the Railway Equipment Manufacturing Industry

IBISWorld identifies 250 Key Success Factors for a business.The most important for the Railway Equipment Manufacturing Industry are

  • Effective cost controls
  • Undertaking technical research and development
  • Ability to forward sell production when appropriate
  • IBISWorld analysts also discuss how external factors such as Government Purchasing Policy - Transport Equipment and Competition from other Industries in the Railway Equipment Manufacturing industry impact industry performance..

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    Industry Products

    What is the Railway Equipment Manufacturing Industry?

    The Railway Equipment Manufacturing industry in China consists of operators that manufacture railway equipment for the transport of passengers and cargo.

    Industry Products
    Passenger trains
    Freight cars
    CRH trains
    Subway trains
    Other trains
    Industry Activities
    Passenger and freight train
    Subway train
    China Railway high-speed (CRH) train

    Table of Contents

    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • Government Purchasing Policy - Transport Equipment
  • Competition from other Industries
  • Internal Population Migration
  • Real GDP
  • Import Competition - Transport Equipment mfg

  • Current Performance
  • Exports and imports
  • Entry of foreign capital
  • Technology introduction
  • Chart: Revenue Growth

  • Industry Outlook
  • Industry structure
  • Exports and imports
  • Table: Railway Equipment Manufacturing Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Railway Equipment Manufacturing Industry Lifecycle vs The Economy

  • Products & Markets
    Supply Chains
    Key Buying Industries
  • Passenger Rail Transport
  • Freight Rail Transport
  • Subway, Light Rail & Cable Car Transport

  • Key Selling Industries
  • Iron & Steel Casting
  • Iron and Steel Smelting

  • Products & Services
  • Locomotives
  • Freight cars
  • CRH trains
  • Passenger trains
  • Subway trains
  • Other trains
  • Chart: Railway Equipment Manufacturing Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • China Railway
  • Subway companies
  • Exports
  • Other
  • Chart: Major Market Segmentation for the Railway Equipment Manufacturing Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Purchases
  • Other costs
  • Chart: Cost Structure Benchmarking – Sector vs Railway Equipment Manufacturing

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Railway Equipment Manufacturing Industry

  • Industry Globalization
    Major Companies
    CRRC Corporation LimitedChina North Industries Group CorporationChina Shipbuilding Industry Corporation
  • Table: CRRC Corporation Limited - financial performance
  • Table: China North Industries Group Corporation - financial performance
  • Table: China Shipbuilding Industry Corporation - financial performance

  • Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Railway Equipment Manufacturing Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Key Statistics
    Table: Industry Data for the Railway Equipment Manufacturing Industry
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Exports (2008-2022)
  • Imports (2008-2022)
  • Wages (2008-2022)
  • Total Assets (2008-2022)
  • Rail Passenger Car Output (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Jargon & Glossary
    China Railway High-Speed (Crh) Trains
  • Trains of average speed of 124 miles per hour operated by China Railways on its high-speed rail network.
  • Rolling Stock
  • The collective term that describes all the vehicles that move on a railway.
  • Subway
  • Rapid underground transit systems, usually built in downtown areas when land above ground is not available.
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    This report on Railway Equipment Manufacturing:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Railway Equipment Manufacturing market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

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