Train, Subway & Transit Car Manufacturing in Canada - Industry Market Research Report

Train, Subway & Transit Car Manufacturing in Canada - Industry Market Research Report

  • April 2021 •
  • 52 pages •
  • Report ID: 4387170 •
  • Format: PDF
On track: Growing infrastructure investment to meet urbanization trends is expected to improve passenger rail demand


Train, Subway & Transit Car Manufacturing in Canada
Over the five years to 2018, Canada’s Train, Subway and Transit Car Manufacturing industry is expected to experience significant volatility, which has largely been driven by cyclical purchases of industry goods and sharp declines in commodity prices. Ultimately, the industry expanded during the five-year period, despite diminishing exports due to a regulatory landscape that instigated a litany of capital expenditures. Industry performance depends on the ability of manufacturers to earn production contracts. Domestic manufacturing has increasingly relocated to other countries over the past decade, which has negatively affected industry exports. Consequently, companies have relied more on domestic demand for revenue production, though several factors have recently diminished the level of domestic demand for industry goods. The industry is forecast to continue to remain stagnant over the five years to 2023.

This industry primarily manufactures and rebuilds locomotives and railroad cars of any type or gauge, including frames and parts. This industry includes manufacturing rapid transit cars and special-purpose self-propelled railroad equipment, such as rail layers, ballast distributors, rail tamping equipment and other railway track maintenance equipment.

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.

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