Major Group SIC 3743 - Railroad Equipment

Select Page

SIC 3743 - Railroad Equipment

SIC 37 - Transportation Equipment
SIC 01 - Agricultural Production Crops SIC 02 - Agricultural Production Livestock And Animal Specialties SIC 07 - Agricultural Services SIC 08 - Forestry SIC 09 - Fishing, Hunting, And Trapping SIC 10 - Metal Mining SIC 12 - Coal Mining SIC 13 - Oil And Gas Extraction SIC 14 - Mining And Quarrying Of Nonmetallic Minerals, Except Fuels SIC 15 - Building Construction General Contractors And Operative Builders SIC 16 - Heavy Construction Other Than Building Construction Contractors SIC 17 - Construction Special Trade Contractors SIC 20 - Food And Kindred Products SIC 21 - Tobacco Products SIC 22 - Textile Mill Products SIC 23 - Apparel And Other Finished Products Made From Fabrics And Similar Materials SIC 24 - Lumber And Wood Products, Except Furniture SIC 25 - Furniture And Fixtures SIC 26 - Paper And Allied Products SIC 27 - Printing, Publishing, And Allied Industries SIC 28 - Chemicals And Allied Products SIC 29 - Petroleum Refining And Related Industries SIC 30 - Rubber And Miscellaneous Plastics Products SIC 31 - Leather And Leather Products SIC 32 - Stone, Clay, Glass, And Concrete Products SIC 33 - Primary Metal Industries SIC 34 - Fabricated Metal Products, Except Machinery And Transportation Equipment SIC 35 - Industrial And Commercial Machinery And Computer Equipment SIC 36 - Electronic And Other Electrical Equipment And Components, Except Computer Equipment SIC 37 - Transportation Equipment SIC 38 - Measuring, Analyzing, And Controlling Instruments Photographic, Medical And Optical Good SIC 39 - Miscellaneous Manufacturing Industries SIC 40 - Railroad Transportation SIC 41 - Local And Suburban Transit And Interurban Highway Passenger Transportation SIC 42 - Motor Freight Transportation And Warehousing SIC 44 - Water Transportation SIC 45 - Transportation By Air SIC 46 - Pipelines, Except Natural Gas SIC 47 - Transportation Services SIC 48 - Communications SIC 49 - Electric, Gas, And Sanitary Services SIC 50 - Wholesale Trade-durable Goods SIC 51 - Wholesale Trade-non-durable Goods SIC 52 - Building Materials, Hardware, Garden Supply, And Mobile Home Dealers SIC 53 - General Merchandise Stores SIC 54 - Food Stores SIC 55 - Automotive Dealers And Gasoline Service Stations SIC 56 - Apparel And Accessory Stores SIC 57 - Home Furniture, Furnishings, And Equipment Stores SIC 58 - Eating And Drinking Places SIC 59 - Miscellaneous Retail SIC 60 - Depository Institutions SIC 61 - Non-depository Credit Institutions SIC 62 - Security And Commodity Brokers, Dealers, Exchanges, And Services SIC 63 - Insurance Carriers SIC 64 - Insurance Agents, Brokers, And Service SIC 65 - Real Estate SIC 67 - Holding And Other Investment Offices SIC 70 - Hotels, Rooming Houses, Camps, And Other Lodging Places SIC 72 - Personal Services SIC 73 - Business Services SIC 75 - Automotive Repair, Services, And Parking SIC 76 - Miscellaneous Repair Services SIC 78 - Motion Pictures SIC 79 - Amusement And Recreation Services SIC 80 - Health Services SIC 81 - Legal Services SIC 82 - Educational Services SIC 83 - Social Services SIC 84 - Museums, Art Galleries, And Botanical And Zoological Gardens SIC 86 - Membership Organizations or Unions And Similar Labor Organizations SIC 87 - Engineering, Accounting, Research, Management, And Related Services SIC 89 - Services, Not Elsewhere Classified SIC 96 - Administration Of Economic Programs
- SIC 374 - Railroad Equipment
  SIC 371 - Motor Vehicles And Motor Vehicle Equipment SIC 372 - Aircraft And Parts SIC 373 - Ship And Boat Building And Repairing SIC 374 - Railroad Equipment SIC 375 - Motorcycles, Bicycles, And Parts SIC 376 - Guided Missiles And Space Vehicles And Parts SIC 379 - Miscellaneous Transportation Equipment
  - SIC 3743 - Railroad Equipment
    SIC 3743 - Railroad Equipment

Establishments primarily engaged in building and rebuilding locomotives (including frames and parts, not elsewhere classified) of any type or gauge; and railroad, street, and rapid transit cars and car equipment for operation on rails for freight and passenger service. Establishments primarily engaged in manufacturing mining cars are classified in Industry 3532. Repair shops, owned and operated by railroads or local transit companies, repairing locomotives or cars for their oWn use are classified in Transportation, Major Groups 40 and 41. Establishments primarily engaged in repairing railroad cars on a contract or fee basis are classified in Transportation, Industry 4789; and those repairing locomotive engines on a contract or fee basis are classified in Services, Industry 7699.

Industry trends:

NAICS 3743, covering the Railroad Equipment industry, has been experiencing several qualitative trends recently. Firstly, there's a significant push towards sustainable practices. Manufacturers are increasingly investing in greener technologies, such as electric and hybrid locomotives, to reduce their carbon footprint. This trend is expected to intensify as regulatory pressures mount and corporate responsibility gains global attention.

Another notable trend is the adoption of advanced technologies like IoT and AI. These technologies are being leveraged to improve efficiency, safety, and predictive maintenance. IoT can aid in real-time tracking and monitoring of equipment health, while AI can predict potential failures, thereby reducing downtime and enhancing reliability.

The digital transformation within the industry is also driving a shift towards more integrated and intelligent supply chains. Enhanced data analytics and communication technologies are fostering better coordination between different stages of the manufacturing process and logistics, resulting in optimized operations and cost reductions.

Looking ahead, the demand for high-speed rail infrastructure is projected to rise, particularly in regions like Asia and Europe. This will likely spur growth in the high-speed rail segment of the industry, driving innovation and the development of new technologies.

Moreover, partnerships and collaborations are becoming a key strategic approach. Companies within the industry are increasingly forming alliances to co-develop technologies, share risks, and accelerate time-to-market for new products.

In summary, NAICS 3743 is seeing a robust movement towards sustainability, digitalization, smart supply chains, and collaborative innovation. These trends are set to shape the future landscape of the railroad equipment industry, promising exciting advancements in the years to come.

This industry is comprised of:

Brakes, railway: air and vacuum

Cars and car equipment, freight or passenger

Dining cars and car equipment

Engines, steam (locomotives)

Freight cars and car equipment

Industrial locomotives and parts

Interurban cars and car equipment

Locomotives, locomotive frames, and parts

Lubrication systems, locomotive

Mining locomotives and parts

Railroad car rebuilding

Railway motor cars

Rapid transit cars and equipment

Sleeping cars, railroad

Streetcars and car equipment

Switching locomotives and parts, electric and nonelectric

Tank freight cars and car equipment

Tenders, locomotive

Trolley buses, trackless

Explore related industries:

SIC 4011 - Railroads, Line-Haul Operating SIC 4741 - Rental of Railroad Cars SIC 7539 - Automotive Repair Shops, Not Elsewhere Classified

Buy the detailed report

This report includes the ability to segment your Industry by:

Region
Employees
Net Sales

Company Age
Total Assets
Ownership Type

Download sample reports

With iCFO You Get

What Is iCFO?

A review and comparison of financial performance of privately-help companies in specified SIC/NAICS industry segment, using industry standard benchmarks.

Sound Business Analysis

Answers come easily with iCFO. Review ROI, sales per employee, profit margins of the top 10%, top 25% and more, to identify areas of concern and opportunity. Examine what if scenarios and P&L impact of reducing costs or adding revenue.

Your Business’ Health In Minutes

It takes only five minutes to enter your data and produce a concise profile of your company’s fiscal state, including critical business ratios focusing on liquidity, profitability, asset efficiency, and growth.

Want the full suite?

Try iCFO FREE for 14 days!

Get started