Canada’s railway and tramway locomotives and rolling stock industry market grows 33% in 2015 as new safety regulations boost demand for rolling stock. Canadian National Railway increases fleet investments by 48% to take advantage of low fuel prices. Industry’s turnover increases 24% in 2015 thanks to robust domestic demand for rail cars. Industry forecast to see 4% CAGR over 2015-2020 thanks to multiple urban transit projects funded by federal government, while manufacturers face increasing competition from foreign rivals.
This Euromonitor industrial report provides unique data and analysis of Railway and Tramway Locomotives and Rolling Stock in Canada: ISIC 352. With this industrial report, you’ll be able to explore in detail the entire industry from its sources of supply to its buyers.