Metro Magazine

SEP-OCT 2014

Magazine serving the bus and rail transit & motorcoach operations since 1904

Issue link:

Contents of this Issue


Page 23 of 143

20 < m ETRO m AGAZINE SEPTEMBER/OCTOBER 2014 much larger than America's. Rail markets have comparable char- acteristics. The global market for rail technology — cars, equipment and sys- tems — totaled $170 billion in 2010, ris- ing to $207 billion by 2015, according to Statistica. Of those totals, the annu- will lead to decisions by some of their suppliers to abandon the U.S. public transportation market altogether, which depending on the supplier could lead to signifcant supply-chain disruptions. To illustrate, if the country's only en- gine builder were to leave the market, it is possible buses might not be delivered at all, because so few manufacturers in the world make heavy-duty transit bus engines. Many of the others already en- tered the U.S market at least once before and exited, partly because of the regu- lations, but primarily because the U.S. transit market represents such a small portion of the global market. INVESTMENTS COULD BE JEOPARDIZED O ffshore companies cur rently doing business in the U.S. tran- sit market have already invest- ed millions of dollars in their American facilities, generating thousands of jobs. In other words, the existing 60% content al market for all of the Americas was $36 billion in 2010, or just over 21%, a share that will at best remain the same or shrink somewhat by 2015, according to Statistica. Because of these hard facts, some manufacturers worry these proposals BUY AMERICA BUY AMERICA Global Passenger and Freight Rail Market, by Region and Major Industry Segment, 2005-2007 Average Rolling Rail Accessible Total Region Infrastructure Stock Control Services Market Market billion dollars Western Europe 8.1 13.85 5.9 9.9 37 50 Asia/Pacifc 3.5 10.7 2.8 6.5 23 39 NAFTA* 7.4 6.8 1.4 11.2 27 31 CIS** 0.8 3.2 0.5 1.6 8 18 Eastern Europe 1.3 2.1 0.8 2.7 7 9 Africa/Middle East 0/8 2.7 0.6 0.4 5 7 Rest of Americas 0.3 1.0 0.3 1.9 4 5 Accessible 22 40 13 35 111 — Total 28 48 13 68 — 159 Note: Numbers may not add up due to rounding * North American Free Trade Agreement **Commonealth of Independent States Source: Worldwatch Institute, 2010

Articles in this issue

Links on this page

Archives of this issue

view archives of Metro Magazine - SEP-OCT 2014