The Railcar manufacturing industry has chugged along in the past five years,but recent sharp declines are anticipated to overshadow strong early growth. The plummeting price of various commodities has reduced demand, and the increased use of pipelines and higher reliance on natural gas has compounded these negative effects. Over the five years to 2022, the industry is expected to recover from recent poor performance with increasing industrial production and increased prices for key commodities leading to strong demand for rail transportation. As freight volumes increase, railroad companies will demand higher quantities of railcars to both expand and maintain their fleets.
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.
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