Railcar Manufacturing in the US - Industry Market Research Report

All aboard: Increased federal investment will bolster demand for industry products

The Railcar Manufacturing industry is expected to experience a sharp down-cycle, which is anticipated to result in an overall revenue decline over the five years to 2023. Volatility in commodity prices has restricted revenue, magnifying the industry's decline. Before the start of the period, the industry benefited from a variety of legislation for increased funding for railway projects. Consequently, demand was spent prior to 2018, and industry revenue has declined amid tepid demand. However, the Buy America rules protect the industry from import penetration, which requires Federal Railroad Administration funds to purchase US manufactured goods. Nonetheless, the industry is naturally cyclical, so with falling industrial activity, revenue experienced sharp declines. This industry manufactures railcars for passenger, freight and military use. These railcars include gondolas, tank cars, flatcars, refrigerator cars, covered hoppers and intermodal cars. This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.