SEARCH   
MEMBER LOGIN    

Rail Passenger Transport in Australia: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Rail Passenger Transport Market Research Report | ANZSIC I4720 | Apr 2016

The right track: Increasing road congestion has led to increasing industry demand

The Rail Passenger Transport market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Industry Statistics & Market Size
Revenue
$9bn
Annual Growth 11-16
3.1%
Annual Growth 16-21
Add to Cart
Profit
Add to Cart
Employment
31,249
Businesses
25
Industry Analysis & Industry Trends

There has been a resurgence in the popularity of passenger rail over the past decade, with patronage in many cities reaching record levels. Growing patronage has been driven by several factors, including the high cost of petrol – prior to a substantial drop in 2014-15 – and other costs associated with passenger vehicles, such as parking and time spent in traffic. Higher employment in central business districts (CBDs) and strong population growth have also boosted patronage rates. Industry revenue is forecast to grow at a compound annual rate of 3.1% over the five years through 2015-16, to reach $8.8 billion. Lower petrol prices compared with previous years are projected to result in slower growth of 2.1% in 2015-16... purchase to read more

Industry Report - Industry Analysis Chapter

The Rail Passenger Transport industry has grown strongly over the past five years on the back of increased patronage. The industry's primary function is to transport workers and students between dispersed residential areas and city centres. Rail passenger numbers have grown over the past five years, with the increasing cost and inconvenience of driving, due to high fuel prices and increasing road congestion, encouraging many commuters to substitute driving to work with catching the train.

Petrol prices have grown strongly over the past decade, a long-term trend that has made passenger vehicles relatively less attractive for commuting... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Rail Passenger Transport Industry?

Companies in the industry operate railways for the transportation of passengers. This includes passenger services for commuter rail and metropolitan rail, and the operation of monorails. The industry excludes tramways, rail terminal operation and tourist rail passenger services.

Industry Products
Urban weekday peak servicesUrban weekday off-peak servicesUrban weekend servicesRural services
 
Industry Activities
Passenger railway transport services Suburban passenger railway transport servicesMonorail operationRural passenger railway transport services


View Sample
Quote
Select Clients