China's railway transport system is owned and operated by the government. As a result, government investment in rail transportation is crucial for the long-term development of the Railway Equipment Manufacturing industry.
China's Ministry of Railways is the main purchaser of industry products, which are largely supplied by state-owned operator, CRRC Corporation Limited. The dominance of the company makes this industry a virtual duopoly; together, it accounts for about 90.2% of total industry revenue.
The Railway Equipment Manufacturing industry in China consists of operators that manufacture railway equipment for the transport of passengers and cargo.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.