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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

IBISWorld’s Rail Passenger Transport market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Industry Statistics & Market Size
Revenue
$9bn
Annual Growth 11-16
3.1%
Annual Growth 16-21
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Profit
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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 Key Buyers Chapter

The top four players are expected to generate over 90% of industry revenue in 2015-16, which means the industry is subject to a high level of concentration. These four companies operate subsidised passenger services on the largest rail networks in Australia. These operators include the Department of Transport NSW, Queensland Rail Limited, Victoria's Public Transport Development Authority, and the Public Transport Authority of Western Australia. Most of Australia's population growth is occurring in capital cities within which these major players operate passenger rail networks, leading to growth in market share concentration over the past five years... 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


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