Company Report & Profile Wabtec Corporation 2021
A useful method for assessing and understanding the attractiveness of a market lies in analysing the structure and behaviour of the companies active in the market. This infor-mation is not only important for competitors and investors, but also for politicians and national and international economic promoters as well as science and research. Sound company information is necessary for the assessment of market structures and the be-haviour of market players.
Company Report & Profile – Wabtec Corporation 2021
At the end of the 19th century, George Westinghouse developed the air brake. The company he founded, Westinghouse Air Brake Technologies Corporation, was to produce and market his invention. In 1999, the company merged with MotivePower Industries and was renamed Wabtec Corporation. Today, the North American corporation is a global manufacturer of air brakes, train control systems, locomotives and components for rail vehicles, as well as a provider of locomotive maintenance, repair and overhaul services. The company’s main sales market is North America, followed by Europe.
The report analyses the development of the company in the past years, describes the product portfolio, compiles the key figures, describes the organisation and the management level, names the main strategic decisions and implemented measures. Within the framework of strengths and weaknesses analyses (SWOT analyses), market trends are mapped onto the company’s potential and examined.
The following sources of information are used for the ASTRAN Company Reports:
- annual reports,
- company websites,
- press releases,
- investor presentations,
- analyst ratings,
- ASTRAN Rail Market Data Base.
The ASTRAN Company Reports offer a fundamental insight into the respective company reality and thus create a basis for well-founded entrepreneurial and political decisions. ASTRAN’s many years of industry experience and analytical qualifications allow us to identify existing trends and drivers in the markets and use them to make well-founded forecasts about future company development.
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ASTRAN is an experienced management service provider for technology-oriented companies. With creative strategies, systematic market development and excellent project and process management, we create scope for your sustainable business success.
Table of Contents
MANAGEMENT SUMMARY 6
1 KEY FACTS 8
2 MANAGEMENT PERSONNEL 11
2.1 EXECUTIVE LEADERSHIP TEAM 11
2.2 BOARD OF DIRECTORS 13
3 PRODUCT PORTFOLIO 17
3.1 LOCOMOTIVE 17
3.2 FREIGHT CAR AND FREIGHT SERVICES 17
3.3 DIGITAL ELECTRONICS 17
3.4 TRANSIT 18
3.5 ADJACENT SOLUTIONS 18
4 SUBSIDIARIES AND BRANCHES 20
5 CORPORATE DEVELOPMENT 22
5.1 COMPANY DEVELOPMENTS OVER THE LAST YEARS 22
6 COMPETITORS AND COMPETITIVE POSITION 26
7 KEY FIGURES AND STRUCTURES 29
7.1 CORPORATE STRUCTURE 29
7.2 CONSOLIDATED FINANCIAL STATEMENTS 2021 SUMMARY 29
8 EVENTS 2021 33
9 RESEARCH AND DEVELOPMENT 36
10 MARKET TRENDS 38
11 SWOT ANALYSIS 40
12 CONCLUSION 42
13 APPENDIX 44
13.1 LIST OF SUBSIDIARIES 44