worldwide rolling stock manufacturers

Transcripción

Extract from the Study
SCI/VERKEHR COLOGNE 2014
WORLDWIDE ROLLING STOCK
MANUFACTURERS
Market Insights and Factsheets for Top 50 Manufacturers and
Overview of 180 Companies and 330 Production Sites
WORLDWIDE ROLLING STOCK MANUFACTURERS
Market Insights and Factsheets for Top 50 Manufacturers and Overview of 180 Companies and
330 Production Sites
SCI Verkehr presents the current product and service range of around 180 rolling stock
manufacturers and also offers company figures and information about the current and future
orientation of the world leaders in the manufacture of rolling stock in this MultiClient study.
Furthermore, the study shows their production sites in detail, analysed by regional distribution
and capacities.
Rolling Stock
Freight
wagons
Metro vehicles (metro)
Light rail vehicles (LRV)
Passenger coaches (PC)
Diesel multiple units (DMU)
Electric multiple units (EMU)
Passenger rail vehicles
High speed trains (HST)
Diesel locomotives (D-loco)
Segments
Locomotives
Electric locomotives (E-loco)
Main
segments
Freight wagons (FW)
Industry
Figure 1:Structure of the
manufacturing market for
rolling stock
“Worldwide Rolling Stock Manufacturers” analyses and explains the market along the revenues
with new rolling stock. Previously to the publication of this study, SCI Verkehr surveyed the 50
largest manufacturers of rolling stock.
In terms of sites, the production facilities of traditional rolling stock production are taken into
consideration first of all. Sites at which the maintenance and/or refurbishment of the vehicles
are performed are not taken into consideration. A site is defined as a geographical place or
location where a company or an operating facility of a company is located. For smaller
companies, the site is also generally the company headquarters.
Within the scope of this study, SCI Verkehr is mainly focusing on the top of the value creation
chain. Manufacturers of subsystems, components and assemblies are not considered.
All input data used for these assessments has been summarized in corporate fact sheets; they
have been sent to the respective market players for discussion and revaluation and can be
found in the study’s and easily used for further detailed analysis.
The English version of the study Worldwide Rolling Stock Manufacturers is available from June
2014 at the price of EUR 3,300 + VAT (PDF-version).
Contact:
SCI Verkehr GmbH
Vanessa Rühmann
Tel: +49 221 9317820
E-Mail: [email protected]
SCI Verkehr GmbH • www.sci.de • 2
CONTENTS
1
Executive Summary.............................................................................................. 15
1.1
Overview ..................................................................................................................... 15
1.2
Development of Companies and Site Strategies ....................................................... 18
1.3
Production sites and capacities in the regions .......................................................... 23
1.4
Regional market characteristics ................................................................................. 29
2
Brief Methodology of the Study ........................................................................... 32
3
Rolling Stock Manufacturers ............................................................................... 36
3.1
Worldwide manufacturers of locomotives .................................................................. 36
3.2
Worldwide manufacturers of passenger vehicles ...................................................... 43
3.3
Worldwide manufacturers of freight wagons ............................................................. 54
4
Factsheets of the largest vehicle manufacturers ................................................ 60
4.1
Alstom Transport ........................................................................................................ 60
4.2
Altaivagon ................................................................................................................... 66
4.4
AmstedMaxion ............................................................................................................ 71
4.5
AnsaldoBreda ............................................................................................................. 74
4.6
Astra Rail Industries .................................................................................................... 78
4.7
Azovobshemash ......................................................................................................... 81
4.8
Bharat Earth Movers Ltd (BEML)................................................................................ 82
4.9
Bombardier Transportation ........................................................................................ 86
4.10
Bradken ...................................................................................................................... 94
4.11
Construcciones y Auxiliar de Ferrocarriles (CAF) ...................................................... 96
4.12
Chittaranjan Locomotive Works (CLW) .................................................................... 101
4.13
China CNR Corporation Limited .............................................................................. 103
4.14
Corifer ....................................................................................................................... 108
4.15
CSR Corporation Limited ......................................................................................... 110
4.16
Diesel Locomotive Works (DLW) ............................................................................. 115
4.17
Dneprovagonmash ................................................................................................... 117
4.18
Downer Edi Rail (Downer Rail) ................................................................................. 119
4.19
Electro-Motive Diesel (EMD) .................................................................................... 122
4.20
Zavod Metallokonstruktsy (ZMC Engels) ................................................................. 125
4.21
FreightCar America .................................................................................................. 127
4.22
GE Transportation .................................................................................................... 130
4.23
The Greenbrier Companies ...................................................................................... 134
4.24
Hitachi Rail Systems ................................................................................................. 137
4.25
Hyundai Rotem......................................................................................................... 140
4.26
Integral Coach Factory (ICF) .................................................................................... 143
4.27
Japan Transport Engineering Company (J-TREC) .................................................. 145
4.28
Kawasaki Rolling Stock Company ........................................................................... 147
4.29
Kinki Sharyo ............................................................................................................. 151
4.30
Kryukovsky Vagonzavod (KVSZ) ............................................................................. 154
4.31
National Steel Car .................................................................................................... 156
4.32
Newag ...................................................................................................................... 158
4.33
Nippon Sharyo ......................................................................................................... 160
4.34
Patentes Talgo ......................................................................................................... 163
4.35
Pesa Bydgoszcz ....................................................................................................... 165
4.36
Promtractor-Vagon ................................................................................................... 168
4.37
Rail Coach Factory (RCF) ........................................................................................ 170
4.38
Ruzchimmash ........................................................................................................... 172
4.39
Siemens Transportation & Logistics ........................................................................ 174
4.40
Sinara Transport Machines (STM) ........................................................................... 179
4.41
Skoda Transportation ............................................................................................... 182
4.42
Solaris Bus & Coach ................................................................................................ 186
4.43
Stadler Rail Group .................................................................................................... 188
4.44
Stakhanov Railway Car Building Works (SVZ) ......................................................... 193
4.45
Tatravagonka a.s. Poprad ........................................................................................ 195
4.46
Texmaco Rail and Engineering ................................................................................ 199
4.47
Transmashholding.................................................................................................... 202
4.48
Trinity Industries ....................................................................................................... 207
4.49
UGL Rail ................................................................................................................... 210
4.50
Union Tank Car (UTLX) ............................................................................................ 213
4.51
Uralvagonzavod (UVZ) ............................................................................................. 215
4.52
Vossloh ..................................................................................................................... 218
4.53
Wabtec Corporation ................................................................................................. 222
Annexe:
Overview Companies and Production Sites……………………………………………….226
1
Executive Summary
1.2
Overview
(…)
The top 10 of the largest manufacturers saw several new and re-entries in 2012. Stadler,
previously unlisted, jumped to the 6th place with exceptionally strong sales in that year. Shaking
of the aftermath of the past economic crisis, freight wagon demand was very high in 2012. This
way, Uralvagonzavod and Trinity Industries as the largest freight wagon manufacturing
specialists, entered the ranking on the last two places. On the other hand, CAF, Hyundai
Rotem and Kawasaki slipped out of the top ten. However, these three companies still had
strong fiscal years 2012, but they could not keep up with the growth of Stadler, Trinity
Industries or Uralvagonzavod.
Top 10 manufacturers of rail vehicles ranked by new vehicles'
revenue 20121 [EUR million²]
(new vehicles share of total revenue)
12,000
8,000
4,000
0
58%
58%
New vehicles' revenue
other rail revenue
1
2
66%
60%
89%
95%
30%
35%
60%
49%
After sales / components revenue
non-rail revenue
Financial years ending in the first half of 2013 have been assigned to the year 2012
Foreign currencies have been converted with the average daily exchange rate of the reporting period ³ New vehicle revenue estimated
(…)
Uralvagonzavod (CIS) and Trinity Industries (North America) are the worldwide leaders in
freight wagon manufacturing. Both companies are specialised in the freight wagon segment
and manufacture in and for their home regions. Uralvagonzavod has a net profit margin of 10%,
stressing the point that specialised manufacturers with large-scale sites have the highest
margins. Uralvagonzavod currently manufactures its freight wagons at only one plant in Russia;
Trinity’s manufacturing operations are spread over seven sites in the USA and Mexico.
Figure 2: The top ten
manufacturers for new
vehicles worldwide 2012
Executive Summary
1.3
Development of Companies and Site Strategies
(…)
The low average margins of globally active companies indicate the generally high degree of
competition. Alstom, Bombardier and Siemens are generalists that are subjected to worldwide
competition. Their combined EBIT margin is between 3% and 7% and constantly declining.
However, there are a number of factors that positively influence the profit margins for certain
manufacturers:
High degree of specialisation. GE is a specialised manufacturer of diesel locomotives
and has an exceptionally high EBIT margin of almost 20%. Specialised freight wagon
manufacturers such as Trinity Industries and Uralvagonzavod also report high profit
margins. Generally, the segments of locomotives and freight wagons are more profitable
than the passenger vehicle segment because passenger vehicles have the smallest degree
of standardisation, with often very particular demands from the customers.
–
(…)
1.4
Production sites and capacities in the regions
Around 180 companies manufacture rolling stock at approximately 330 sites worldwide.
Numerous large manufacturers are integrated rail technology groups with services,
infrastructure and systems technology competence.
80
80
Western Europe
60
80
North America
Manufacturers
Manufacturers
20
40
0
0
CIS
60
20
20
40
80
40
40
60
Eastern Europe
60
Sites
20
Sites
0
Manufacturers
0
Manufacturers
Sites
80
80
60
Africa/ Middle East
60
South / Central America
60
40
20
40
80
Sites
Asia
0
20
Manufacturers
Sites
0
Manufacturers
40
Sites
80
Australia / Pacific
60
20
40
0
Manufacturers
Sites
20
0
Manufacturers
Sites
"Manufacturers" refers to all rail vehicle companies with their global headquarters in the region
"Sites" refers to all manufacturing facilities in the region, including plants of manufacturers from other regions
(…)
North America has a strong local manufacturing base for diesel locomotives and freight
wagons, 15 production sites for electric locomotives and passenger vehicles are operated by
European and Asian manufacturers.
(…)
Figure 3: Worldwide
distribution of
manufacturers and sites
Executive Summary
1.5
Regional market characteristics
(…)
– (…)
Australia/Pacific
– In Australia, UGL and Downer Rail manufacture locomotives and passenger vehicles, with Downer ending
locomotive manufacturing once current manufacturing contracts are fulfilled. Bradken manufactures freight
wagons.
– Around five manufacturers are currently headquartered in the Australia/Pacific region, three of which are
among 50 most important manufacturers worldwide.
– The local manufacturers operate around 10 sites, including one plant from Bradken in China. However, this
plant also only serves the Australian market.
– The regional manufacturers will not expand in the medium term. Avteq and Hillside Engineering have ceased
operations, while Downer Rail has announced its retreat from locomotive production.
– Bombardier operates its own site in Australia.
– Extra-regional manufacturers will not open plants in the Australia/Pacific region as there is the possibility to
export, and there are already existing cooperation agreements with local manufacturers.
Rolling Stock Manufacturers
3
3.1
Worldwide manufacturers of locomotives
Worldwide, there are more than 60 manufacturers of locomotives. The manufacturing
landscape is very diverse: half of all manufacturers offer electric and diesel locomotives. There
are many specialised diesel locomotive manufacturers, but only a few specialised electric
locomotive manufacturers. Generally, the market for diesel locomotives is a worldwide market
and the market for electric locomotives is mainly limited to the Eurasian double continent. The
manufacturing sites are dispersed accordingly.
(…)
3.1.4
Market shares of locomotive manufacturers
(…)
Worldwide market shares of electric locomotive
manufacturers 2009 - 20131 [Total ~X,XXX locomotives]
Hyundai
Rotem
1%
Alstom
3%
Sinara
4%
Stadler Others
1%
4%
CNR
31%
Siemens
5%
Bombardier
8%
TMH
10%
1
Date of delivery
CLW
11%
CSR
22%
Compared with the diesel locomotives’ market, the market for electric locomotives is more
concentrated, both because the electrical competence is more difficult for manufacturers to
acquire and because the customers are mainly situated on the Eurasian double continent.
Chinese manufacturers alone delivered more than 50% of all electric locomotives. Asia and the
CIS combined constitute more than 75% of electric locomotive demand and supply. Alstom,
Bombardier and Siemens divide almost the whole rest of the worldwide market – mostly
Europe – among themselves.
Figure 4: Worldwide
market shares of electric
locomotive manufacturers
2009-2013
3.2.3
Capacities and utilisation per region 2013
Region
Capacity
2013
Utilisation
2013
Comment
Africa / Middle East
(…)
– Full utilisation through (…)
Asia
(…)
– High utilisation through (…)
Australia/Pacific
(…)
– Medium utilisation through demand for
EMU from metropolitan operators
CIS
(…)
– Medium utilisation through (…)
Eastern Europe
(…)
– High utilisation through (…)
North America
(…)
– Low utilisation, because (…)
South / Central
America
(…)
– Full utilisation, because (…)
Western Europe
(…)
– Medium utilisation, through (…)
(…)
– The overall utilisation rate is high,
because the dominating region, Asia,
has a high utilisation rate. CIS and
Western European capacities are also
well utilised
World total
The short-term capacity (standard capacity) is usually around 70% of the maximum long-term capacity. The depicted utilisation rate relates to the standard
capacity.
Utilisation rate >90%
Utilisation rate 70-90%
Utilisation rate <30%
Maximum long-term capacities, as defined through plant and machinery, are usually higher
than short-term capacities, which are more flexible through the employment of temporary
workforces. Also, capacities can be and are additionally utilised for the refurbishment and
redesign of passenger vehicles. In mixed-use facilities, capacity can to a certain degree be
shifted between different vehicle segments. For this reasons, the utilisation rates are not only
determined by the design capacity and the current vehicle output.
Company Fact Sheet Example
4
Factsheets of the largest vehicle manufacturers
4.53 Wabtec Corporation
Overview
Head Office:
1001 Air Brake Avenue Wilmerding, PA 15148, USA
Website:
www.wabtec.com
Shareholders:
100 % widely held stock
Management:
Al Neupaver (CEO)
Employees (2013):
9 253
Turnover (2013):
EUR 1.9 billion (USD 2.6 billion)
Profits (2013):
EUR 196 million (USD 437 million; operational income)
Wabtec Corporation (Westinghouse Air Brake Technologies Corporation) is an American
company which was founded in November 1999 from the merger of Westinghouse Air
Brake Company and MotivePower Industries. The company’s headquarters is in
Wilmerding (Pennsylvania). Around 9 200 employees are working in more than 40
subsidiaries worldwide.
The company’s performance in 2012 was already very strong and 2013 was again a
record year, with revenue growth of 7%. Wabtec had sales of EUR 1.9 billion in 2013 and
income from operations of EUR 317 million or 17% of sales. Income rose by 11.5%.
Wabtec’s main business focus is on rail vehicle components, but it also covers all fields in
the diesel locomotive segment including maintenance, refurbishment/modernisation and
new vehicles. Wabtec’s products cover all performance ranges up to 3 000kW. Wabtec
manufactures locomotives for commuter and long-distance passenger transport and for
freight transport (mainly for shunting operation).
On 2nd October 2012, Wabtec announced the EUR 37 million (USD 48 million) acquisition
of diesel engine and industrial locomotive supplier LH Group. Based at Barton under
Needwood in Staffordshire (UK), LH has around 350 employees and annual sales of EUR
55 million (USD 65 million). The LH Group companies became part of Wabtec Rail Group,
together with Wabtec Rail Ltd, Wabtec Rail Scotland and Brush Traction.
In 2007, Hunslet, part of the LH group, began developing a new family of locomotives
ranging from shunters to vehicles weighing up to 100 tons. The first locomotive of the
new class, the DH60C, a three-axle C diesel hydraulic shunting locomotive was unveiled
in July 2010, but has not yet received any orders.
Wabtec Corporation has signed a definitive agreement to acquire Fandstan Electric Group
Ltd, a rail and industrial equipment manufacturer, for a cash value of about EUR 158
million (USD 215 million). Based in London, England, Fandstan Electric has annual sales
of around EUR 173 million (USD 235 million). Fandstan Electric designs, manufactures
and installs electrical current and data collection products for a variety of markets,
including rail and tram transport, industrial and energy. Wabtec expects the transaction to
be completed in the first quarter of 2014.
Rolling stock after
Power generation,
Breakdown of
turnover by
New rolling
sales services,
Other rail
off-highway
activities (2012)
stock
spare parts &
turnover
equipment and
(based on official
components
industrial
publications & SCI
e
e
e
~5%
~70%
~10%
~15%e
Database)
28%
Geographical
presence 20112013
(based on official
publications & SCI
Database)
North
America and
Australia
72%
North America
Product strategy
Niche
manufacturer
Value creation
High vertical
integration
New markets
Acquisition
Australia / Pacific
Wabtec is specialised in the design, manufacture
and remanufacture of diesel-electric locomotives.
Wabtec is not actively pursuing expansion of its
product portfolio, but could potentially grow into
new segments through future acquisitions.
Wabtec is foremost a manufacturer of
components. As such, most value for the
MotivePower locomotives is added in-house.
Wabtec’s components portfolio includes wheelsets
and bogies, brake and damping equipment, HVAC
and door systems.
Wabtec is growing through the acquisition of
small, specialised companies, such as Hunslet.
Facilities and co-operations
Wabtec’s main facility for new vehicles is located in Boise (Idaho, US). Hunslet’s facilities
are situated near Leeds (UK). A plant for manufacturing trucks and engines is attached
the main facility in Boise.
Wabtec Rail has five subsidiaries that offer aftersales services, four of which are located in
the US. With Wabtec Rail Limited in Manchester (UK), the company has a site in Europe
for all areas of aftersales services.
Sites of final assembly
Country
Site
Products
USA
Boise
D-Loco
UK
Leeds
D-loco
Remarks
Employees (2013): 650
Production capacities: 100
locomotives p.a.e
Employees (2013): ~100
Production capacity: 20
locomotives p.a.e
Market Position
Segment
Important
products
Market shares
(2009–2013)
Market positioning / main contracts
Wabtec mainly supplies locomotives for
passenger rail transport in North America,
but also in Australia.
The newest product is the MP21B, which is a
low emission diesel-electric multi-engine
switcher locomotive, and fulfils TIER3
emission standards. The MPXpress
locomotives are diesel-electric locomotives for
commuter transport. They were designed with
regard to safety aspects and have power of
up to 3 000kW. The maximum speed is
around 170km/h.
MP20B/C
D-loco
MPXpress
MP21B
6% (NA)
2% (WW)
The MP20B and C locomotives from Wabtec
are genset shunting locomotives, which are
manufactured in the production sites in Boise.
 Wabtec’s MotivePower subsidiary signed a
contract to build 22 new locomotives
(1,435 and 1,067mm gauge) for CBH
Group, a leading handler and transporter
of grain in Australia in 2011. The
locomotives were delivered between 2012
and 2013.
 Metrolinx (Canada) has signed a USD 63
million contract for MotivePower to supply
10 diesel-electric locomotives for use on
commuter services from 2016; the new
locomotives will fulfil Tier 4 emissions
standards.
Overview Companies and Production Sites Example
ANNEXE: OVERVIEW COMPANIES AND PRODUCTION SITES
CONTENTS
Alphabetical list of rolling stock manufacturers …………………………………….. 228
All production sites by country……………………………………………………...... 235
Production sites for high speed trains by country………………………………...... 249
Production sites for electric locomotives by country…………………………......... 251
Production sites for diesel locomotives by country……………………………….... 253
Production sites for electric multiple units by country……………………………… 256
Production sites for diesel multiple units by country……………………………….. 260
Production sites for passenger coaches by country……………………………….. 263
Production sites for metro vehicles by country………………………………………267
Production sites for light rail vehicles by country…………………………………… 270
Production sites for freight wagons by country………………………………………274
Overview Companies and Production Sites Example
All production sites by country
Country
Location
HST
Tangshan
x
E-
D-
locos
locos
Company
EMU
DMU
PC
Metro
LRV
FW
Zip
name
HQ
code
Street
Telephone
Website
Email
www.tangche.com/
[email protected]
www.dloco.com
[email protected]
www.dtloco.com/
[email protected]
+86 315
China
x
China
Dalian
x
China
Datong
x
China
Beijing
China
China
x
x
x
CNR
x
063035
x
CNR
Harbin
x
CNR
Ji'nan
x
CNR
30890933089103
51 Zhongchang St.
CNR
CNR
x
NO.3 Changqian Rd
x
116022
Shahekou District
37038
1 Qianjin Street
100072
150018
1 Jia Zhangguozhuang
+86 10 83876184
82 Tongjiang Street
73 Huaicun Street,
250022
+86 352 5090878
Huaiyin District,
Shandong
www.cnhrc.com
+86 531 88-30
[email protected]
52 33
+86 452
China
Qiqihar
x
CNR
China
Shenyang
x
CNR
China
Taiyuan
x
CNR
China
Xi'an
x
CNR
China
Qingdao
China
Zhuzhou
x
China
Ziyang
x
x
x
x
x
x
x
x
CSR
x
CSR
CSR
161002
110032
030009
36 ChangQian 1-Lu
2938472-
www.qrrs.com.cn
[email protected]
2930237
120 Nanliu Zhonglu
88 Jiefang Road
Jianzhang Road,
+86 24
62071345
+86 351
www.railway-
4063799
vehicle.com/about.html
225
www.railtank.com.cn
[email protected]
www.gofront.com
[email protected]
http://www.zyloco.com/
[email protected]
710086
Sanqiao Zhen
266111
Rd,Chengyang District
Songjiaqiao, Hetang
+86 733 84-
412001
district
41266
641301
city, Sichuan Province
[email protected]
No.88 Jinhongdong
Yanjiang district, ziyang
4008899431
Bestellformular
MC Schienenfahrzeughersteller
Bitte per Fax zurücksenden an: + 49 (221) 931 78-78 oder per Email an: [email protected]
SCI Verkehr GmbH – Büro Köln
z.Hd. Frau Vanessa Rühmann
Hiermit bestelle ich die Marktstudie „Hersteller von Schienenfahrzeugen weltweit 2014“
Anzahl
Ausgabe
PDF Exemplar
PDF+ Printexemplar
Sprache
Englisch
Englisch
Einzelpreis1
3.300 €
3.700 €
Summe*
Gesamtpreis1
Bitte fragen Sie auch nach unseren Preisen für Datenauszüge aus bestellten Studien in anderen Dateiformaten.
Firma
Ansprechpartner (Titel / Vorname / Name)
Position
Anschrift (Straße / PLZ / Ort)
ggf. Umsatzsteuer-Identifikations-Nr. (bei Bestellern aus Ländern der EU verbindlich)
ggf. andere Rechnungsanschrift oder Bestellnummer
Telefon
Fax
E-Mail
Die Bezahlung soll per  Vorkasse,  Kreditkarte2 oder  Rechnung erfolgen.
Für Zahlungen per Kreditkarte nutzen Sie bitte die Onlinebestellung oder wenden Sie sich an Frau Rühmann
[email protected]
Den Bestellungen liegen die Allgemeinen Geschäftsbedingungen der SCI Verkehr GmbH in der Fassung vom 08.06.2007
zugrunde. Gerichtsstand ist Hamburg.
Datum
1
2
Unterschrift / Stempel
Alle Preise verstehen sich zzgl. MwSt.
Zzgl. 5% Kreditkartenkosten
© SCI Verkehr GmbH
Schanzenstraße 117
20357 Hamburg
Tel: 040 5071970
Fax: 040 50719720
www.sci.de
Büro Köln
Vor den Siebenburgen 2
50676 Köln
Tel: 0221 931 78-0
Fax: 0221 931 78-78
Registergericht
Amtsgericht Hamburg
Geschäfts-Nr. 66 HR B 56 572
Deutsche Bank Hamburg
BLZ: 200 700 24
Kontonummer 329 68 60
Büro Hamburg
SCI Verkehr GmbH
Schanzenstraße 117
20357 Hamburg
Tel.: 49 (0) 40 5071970
Fax: 49 (0) 40 50719720
Büro Köln
SCI Verkehr GmbH
Vor den Siebenburgen 2
50676 Köln
Tel.: 49 (0) 221 931780
Fax: 49 (0) 221 9317878
Büro Berlin
SCI Verkehr GmbH
Köpenicker Strasse 48/49
Eingang G
10179 Berlin
Tel.: 49 (0) 30 2844540
Fax: 49 (0) 30 28445420
E-Mail: [email protected]
www.sci.de
Impressum:
© SCI Verkehr GmbH

worldwide rolling stock manufacturers

Transcripción

Documentos relacionados

transforming the european medical device supply chain

Presentation

All your business tracks covered

References - Sikom Software GmbH

- White Rose Research Online

2nd Quarter - Rolling Meadows High School

Study on the operation of the system of access to vehicle repair and

Annual Review