Overview of the Market for Locomotive, Train And Train Car in the USA
In value terms, locomotive, train and train car production contracted to $ in . In general, production saw a abrupt descent. The most prominent rate of growth was recorded in 2014 when the production volume increased by % year-to-year. Over the period under review, production attained the maximum level at $ in 2015; however, from 2016 to , production failed to regain the momentum.
The size of the market for locomotives, train and train cars in the U.S. reduced to $ in , with a decrease of -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption showed a abrupt decrease. The growth pace was the most rapid in 2014 when the market value increased by % against the previous year. Locomotive, train and train car consumption peaked at $ in 2015; however, from 2016 to , consumption failed to regain the momentum.